Fiscal Year Ending February 2027 Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Overview of Results

For the second quarter of the fiscal year ending February 2027, consolidated revenue was 6,089,244 thousand yen, an 11.4% increase year-over-year. Operating income rose significantly to 671,529 thousand yen, ordinary income was 693,124 thousand yen, and net income attributable to owners of parent for the interim period was 446,224 thousand yen, all showing increases. By segment, the reuse business was the main driver, with expansion progressing in Thailand. Food service remained steady, while regional revitalization continues to face challenges. Full-year forecasts are unchanged at revenue of 11,398,000 thousand yen, ordinary income of 1,033,000 thousand yen, and net income of 492,000 thousand yen (EPS 533.84 yen).

Outlook and Capital Allocation

Recent forecasts show no major revisions from previously announced figures. Dividends for FY2027 are planned to remain at 135 yen, paid in two installments at the end of the second quarter and at year-end. The company will continue store expansion, renovation of existing stores, and focused investment in regional revitalization. Cash flows are being managed to secure cash inflows from operating activities while carrying out investment activities including capital expenditures and deposits for guarantees. Going forward, overseas expansion in the reuse sector and cost management are expected to be key to profitability.