Quarterly Financial Summary for Q2 (Interim) [Japanese GAAP] (Consolidated)

Overview of Results

For the second quarter of the fiscal year ending February 2027, net sales increased 6.4% year-over-year to 202,298 million yen, operating income rose 7.4% to 36,131 million yen, ordinary income increased 5.7% to 37,971 million yen, and net income attributable to owners of the parent for the interim period increased 6.6% to 25,931 million yen. The full-year forecasts have been revised upward to net sales of 403,000 million yen, operating income of 67,200 million yen, ordinary income of 69,800 million yen, and net income attributable to owners of the parent of 47,700 million yen. Contributions came from domestic and overseas store expansion, multi-banner operations, and the introduction of a new format for OSHMAN'S.

Outlook and Initiatives

For the second half, while taking into account price trends and yen depreciation, we expect continued inbound demand and higher average spending per customer, and will continue product strategies centered on store formats. Domestically, we plan 16 new store openings in the second half and 32 stores for the full year. We will expand new formats including OSHMAN'S RUN & FITNESS and extend mixed-format stores. Overseas, new store openings are planned in Korea, Taiwan, Vietnam, and the Philippines; operations of FOLDER stores and the acquisition of e-commerce businesses have also been completed. With the full-year forecast already revised upward, we expect to maintain sales and profit growth this fiscal year.