F2027 Interim Results Presentation Materials

Performance overview

The interim period results for the fiscal year ending January 2027 show net sales of 22,868 million yen (YoY +15.4%), ordinary income of 2,538 million yen (YoY +26.8%), and interim net income of 1,178 million yen (the text states 1,778 million yen). Existing stores remain solid with higher customer visits and sales year over year, with overall hitting a record high. Increases in sales are supported by contributions from new store openings. Selling, general and administrative expenses were controlled, allowing cost increases to be absorbed by SG&A, contributing to profit expansion. The variance against the interim plan for the FY2027 period is generally favorable, and ongoing store expansion plans remain in progress.

Outlook and shareholder returns

Store openings pace from the second quarter onward is expected to be 13 stores in the first half and 7 stores in the second half, with plans largely achievable. Dividends are planned at 30 yen as of the January 31, 2027 record date, and the company aims to gradually raise the payout ratio to 20% by the fiscal year ending January 2028. Shareholder benefits will continue, and the company is focusing on strengthening the regional customer base.