Financial Summary for the First Quarter of the Fiscal Year Ending October 2026 [Japanese Standards] (Consolidated)

Performance Overview

In the cumulative first quarter period of the fiscal year ending October 2026, net sales amounted to JPY 62,921 million (7.5% Year-over-Year increase), ordinary income was JPY 1,618 million (12.0% increase), and net income attributable to owners of the parent was JPY 1,076 million (16.8% increase). Domestic operations performed strongly with net sales of JPY 45,004 million (4.7% YoY increase) and ordinary income of JPY 2,063 million (37.8% YoY increase). In contrast, North America reported net sales of JPY 11,127 million (15.8% increase) but an ordinary loss of JPY 454 million, while Asia recorded net sales of JPY 6,879 million (13.9% increase) and ordinary income of JPY 10 million. The number of stores totaled 695, up by 3 domestically, 4 in the U.S., and 1 in Taiwan.

Financial Condition and Capital Policy

Total assets stood at JPY 162,148 million, an increase of JPY 6,133 million from the end of the previous fiscal year, while liabilities increased by JPY 3,526 million to JPY 73,282 million. Net assets rose by JPY 2,606 million to JPY 88,865 million, maintaining a healthy equity ratio of 39.2%. A 2-for-1 stock split of common shares is scheduled for May 1, 2026, increasing the total shares outstanding to 82,799,200 shares. The annual dividend is expected to be the equivalent of JPY 30 when not accounting for the stock split.