Financial Summary for the Third Quarter of the Fiscal Year Ending February 2026 [Japanese GAAP] (Consolidated)

Overview of Business Performance

For the consolidated cumulative third quarter period of the fiscal year ending February 2026, net sales totaled 116.611 billion yen (0.5% increase YoY), operating income improved significantly to 3.703 billion yen (70.0% increase YoY), and ordinary income rose to 4.956 billion yen (100.2% increase YoY). Net income attributable to owners of parent dramatically increased to 3.284 billion yen (1,960.1% increase YoY). The recovery of core brands and contributions from the acquired Daytona International Co., Ltd. boosted earnings. Gross profit margin improved by 1.2 percentage points as a result of restructuring the earnings structure, and selling, general and administrative expenses were also controlled.

Financial Position and Future Outlook

Total assets increased by 32.94 billion yen from the previous fiscal year-end to 174.099 billion yen, but total liabilities increased by 44.696 billion yen, resulting in a 11.755 billion yen decrease in net assets to 96.474 billion yen. The equity ratio declined to 55.3%. Shares outstanding at the end of the period stood at 74,105,793 shares, a decrease from the previous fiscal year-end. The annual dividend forecast remains unchanged at 40.00 yen. The earnings forecast for the fiscal year ending February 2026 was also announced with no revisions.