Financial Summary for the Second Quarter (Interim) of Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

Overview of Results

In the second quarter (interim) of the fiscal year ending March 2027, net sales were 41,016 million yen, a 3.7% increase year-over-year. However, operating income declined substantially to 770 million yen (previous year same period: 1,379 million yen). Ordinary income was 1,301 million yen, and net income attributable to owners of parent for the interim period decreased to 1,085 million yen. By segment, Brand segment sales were 3,361 million yen with a segment loss of 775 million yen; Retail recorded sales of 564 million yen with ordinary income of 514 million yen showing a large increase; Material reported sales of 16,807 million yen and ordinary income of 686 million yen; Apparel reported sales of 21,732 million yen and ordinary income of 1,551 million yen. Supplementary financial materials are provided.

Outlook and Capital Allocation

The full-year forecast remains unchanged from the outlook announced in May 2026, with projected full-year net sales of 88,000 million yen, operating income of 4,400 million yen, ordinary income of 5,000 million yen, and net income attributable to owners of parent of 3,700 million yen. Based on payouts in the fiscal year ended March 2026, the dividend forecast for fiscal 2027 assumes 20 yen at the end of Q2, 40 yen at the end of Q3, and 60 yen at year-end. The company has conducted treasury stock acquisition and cancellation; the impact on net assets is limited.