Full-Year Earnings Report for the Fiscal Year Ending February 2026 (Supplementary Presentation Materials)

Overview of Financial Results

For the fiscal year ending February 2026, revenue was 165.4 billion yen, an increase of 9.1 billion yen year-over-year, marking a record high. Operating income was 7.9 billion yen, down 0.6 billion yen YoY, with a forecast achievement rate of 82.8%. Net income attributable to owners of the parent was 4.7 billion yen, a decrease of 0.9 billion yen YoY, achieving 80.6% of the forecast. Adjusted EBITDA was 26.3 billion yen, maintaining a level nearly equivalent to the previous year. By segment, the CR category and Specialty Brand category performed well, but declines in the SFP and Overseas categories pressured overall results.

Earnings Guidance and Shareholder Return Policy for the Fiscal Year Ending February 2027

For the fiscal year ending February 2027, revenue is projected at 171.0 billion yen (YoY +3.4%), and operating income at 9.0 billion yen (YoY +13.3%), expecting both revenue and profit growth. Capital expenditures include plans for 34 new store openings, steadily implementing initiatives based on the three pillars of growth. The shareholder return policy anticipates an annual dividend of 5.00 yen (interim 2.50 yen, year-end 2.50 yen), aiming for six consecutive years of effective dividend increases. The shareholder benefit program will continue, with an expanded and enhanced version to be applied alongside the stock split scheduled for mid-May 2026.