Notice Regarding Update of Medium-Term Management Plan

Overview of the Medium-Term Management Plan

Maruchiyo Yamaokaya Co., Ltd. announced a new medium-term management plan, '-MaruchiyoYamaokaya-Vision2029-,' covering the three years from February 2026 to January 2029. During this period, the company will develop four in-house brands centered on Ramen Yamaokaya, implementing policies of all stores being directly operated, in-store cooking, and 24-hour operations. The plan aims to expand operations to all 47 prefectures nationwide by the fiscal year ending January 2030, focusing on new store openings, renovation of existing stores, enhancement of QSC (Quality, Service, Cleanliness), recruitment and training of personnel, and improvement of work environments.

Financial Targets and Shareholder Returns

Net sales are expected to increase from JPY 43.0 billion in the fiscal year ending January 2026 to JPY 58.6 billion in the fiscal year ending January 2029. The number of new store openings is planned at 20, with a total store count of 250. Ordinary income margin is projected to be maintained at 11.0%. Capital expenditures are planned at approximately JPY 10 billion, and the dividend forecast for the fiscal year ending January 2027 is JPY 30 per share, with a target dividend payout ratio of 20% by the fiscal year ending January 2028. These plans are based on current information and are subject to change depending on future circumstances.