2026 Fiscal Year Q1 Earnings Explanation Materials

Performance Overview

In the first quarter of fiscal year 2026, net sales totaled ¥18,189 million (+13.8% YoY), and operating profit was ¥3,226 million (+4.6% YoY), achieving both revenue and profit growth. The operating profit margin decreased by 1.6 points from 19.3% in the same period last year to 17.7%, but EBITDA increased by 4.4% YoY to ¥3,506 million. Ordinary income was ¥3,222 million (+7.5% YoY), and net income attributable to owners of the parent was ¥2,156 million (+7.2% YoY).

Segment Performance and Business Trends

The Lifestyle Products segment posted net sales of ¥13,193 million (+16.5% YoY) and segment profit of ¥2,382 million (+2.4% YoY), showing strong performance. The Mobility & Energy segment achieved net sales of ¥4,197 million (+8.0% YoY) and segment profit of ¥1,199 million (+8.2% YoY), both increasing. The Other segment recorded net sales of ¥950 million (+6.4% YoY), but segment profit was a loss of ¥48 million. The total transaction volume increased significantly to ¥21,058.9 million (+19.3% YoY). The digital products business contributed to growth through an increase in high-priced item listings and increased circulation of GIGA school terminals, while the fashion resale business prospered due to higher average transaction prices. The B-to-C business also performed well, supported by a favorable currency and stock market environment, leading to strong retail sales.