Fiscal Year Ending March 2026 Q3 Financial Presentation Materials

Overview of Performance

Consolidated net sales for the third quarter of the fiscal year ending March 2026 amounted to 355.6 billion yen (12.5% YoY increase). The reuse apparel and fashion merchandise segment generated 89.4 billion yen (18.0% YoY increase), reuse smartphones and tablets segment reached 36.2 billion yen (9.0% YoY increase), and new merchandise sales were 93.7 billion yen (27.7% YoY increase), all showing overall revenue growth. Operating income was 11.6 billion yen (18.7% YoY increase), ordinary income was 12.5 billion yen (14.0% YoY increase), and net income attributable to owners of parent was 7.5 billion yen (16.8% YoY increase), achieving profit growth.

Business Segment Trends and Store Count

Second Street continued an aggressive expansion strategy, opening 35 new stores in the third quarter. As of October 2025, Second Street became the brand with the highest number of stores within the group. The total number of directly managed stores was 2,276 at the end of December 2025. The reuse merchandise business actively expanded both domestically and internationally, with apparel and fashion accessories showing steady growth. New merchandise sales performed well supported by the stable supply of Nintendo Switch 2.