Fiscal Year Ending March 2026 Q3 Financial Summary〔Japanese GAAP〕(Consolidated)

Overview of Operating Results

For the cumulative consolidated period of the third quarter of the fiscal year ending March 2026, net sales totaled 355,603 million yen (12.5% YoY increase), operating income was 11,655 million yen (18.7% YoY increase), ordinary income was 12,527 million yen (14.0% YoY increase), and net income attributable to owners of parent was 7,527 million yen (16.8% YoY increase). In the reuse market, demand remained robust due to heightened consumer precautionary sentiment, especially strong sales in clothing and fashion accessories. In new merchandise, the spread of the "Nintendo Switch 2" drove market growth. The number of stores expanded actively both domestically and internationally, with an increase in new openings of 2nd STREET stores.

Financial Position and Future Outlook

Total assets amounted to 300,181 million yen (an increase of 47,373 million yen compared to the previous consolidated fiscal year-end), total liabilities were 203,161 million yen (an increase of 40,823 million yen), and total net assets were 97,019 million yen (an increase of 6,549 million yen). Although the equity ratio declined to 32.3%, an increase in net income attributable to owners of parent contributed to growth in net assets. There is no change to the full-year earnings forecast, with expected net sales of 470,000 million yen (9.9% YoY increase), operating income of 11,500 million yen (2.2% YoY increase), and net income attributable to owners of parent of 5,500 million yen (21.2% YoY increase).