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

Overview of Business Results

For the fiscal year ending February 2026, consolidated net sales were 562,774 million yen (13.3% YoY increase), and operating income was 20,209 million yen (1.6% YoY increase). Ordinary income was 18,608 million yen (2.7% YoY decrease), and net income attributable to owners of parent was 11,914 million yen (11.4% YoY decrease). The number of vehicles sold at domestic directly managed stores reached a record high at 163,931 units (10.0% YoY increase), supported by new large store openings and steady sales at existing large stores. Selling, general and administrative expenses increased due to higher personnel expenses, rent, and advertising expenses. By segment, the Japan segment recorded both revenue and profit growth, and other segments turned profitable.

Financial Position and Future Outlook

Total assets stood at 263,569 million yen (19.8% YoY increase), total liabilities were 173,901 million yen (24.9% YoY increase), and total net assets were 89,668 million yen (10.9% YoY increase). Cash flow from operating activities was an inflow of 11,059 million yen, cash flow from investing activities was an outflow of 11,513 million yen, and cash flow from financing activities was an outflow of 12,495 million yen, resulting in cash and cash equivalents increasing to 27,462 million yen. The forecast for fiscal year ending February 2027 expects net sales of 629,000 million yen (11.8% YoY increase), operating income of 24,000 million yen (18.8% YoY increase), and net income attributable to owners of parent of 14,200 million yen (20.9% YoY increase). The annual dividend forecast is 42.43 yen per share, with a dividend payout ratio planned to remain at 30.0%.