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

Overview of Financial Results

For the fiscal year ending February 2026, consolidated net sales amounted to JPY 193.366 billion, operating income was JPY 9.941 billion, ordinary income reached JPY 10.566 billion, and net income attributable to owners of parent was JPY 6.847 billion. With 61 new store openings and closure of 25 unprofitable stores, the number of stores at the end of the period totaled 1,181. Expansion of online sales and promotion of overseas operations also contributed. On the financial position front, total assets were JPY 160.251 billion, net assets amounted to JPY 98.669 billion, and the equity ratio was 61.3%.

Dividends and Earnings Forecast

The annual dividend for the fiscal year ending February 2026 was JPY 32 (up from JPY 31 the previous year), with a payout ratio forecasted at 28.0%. The consolidated earnings forecast for the fiscal year ending February 2027 anticipates net sales of JPY 205.0 billion (up 6.0% year-over-year), operating income of JPY 12.54 billion (up 26.1%), ordinary income of JPY 13.0 billion (up 23.0%), and net income attributable to owners of parent of JPY 8.377 billion (up 22.3%). The company plans to continue accelerating store openings in densely populated areas, standardizing stores, and improving efficiency through IT utilization to drive earnings growth.