Third Quarter Financial Summary for Fiscal Year Ending November 2026 [Japanese GAAP] (Non-consolidated)

Overview of Performance

Total net sales for this quarter amounted to 4,584 million yen, operating loss was 62 million yen, ordinary loss was 84 million yen, and quarterly net loss was 86 million yen. Year-over-year comparisons are not provided due to difficulty in comparing with the prior period because of the change in fiscal year (prior period was a 9-month fiscal term). Domestic e-commerce market instability and weak performance of the company's private brand have pressured profitability, while overseas e-commerce remained solid. On the financial position, both current assets and current liabilities decreased, and net assets declined. The company has published a full-year forecast reflecting revisions expected in the fourth quarter, showing net sales of 6,230 million yen and anticipated operating, ordinary, and net losses.

Outlook and Impact on Shareholders

The full-year earnings forecast for the fiscal year ending November 2026 has been revised to net sales of 6,230 million yen, operating loss of 100 million yen, ordinary loss of 130 million yen, and net loss of 135 million yen. Strengthening brand power and promotional and pricing strategies that respond to changing consumer preferences will be important. The financial summary refers readers to the "Notice Regarding Revision of Earnings Forecasts," and further revisions may be possible depending on future market conditions.