Fiscal 2026 Q2 (Fiscal Year Ending March 2027) Earnings Presentation Materials

Overview of Results

Joshin Corporation achieved record highs in both revenue and profits for the first half of fiscal 2026. First-half revenue was 218,000 hundred million yen, and interim net income was 2,800 million yen (note 1). The full-year forecast was revised upward to revenue of 438,000 hundred million yen and net income of 3,500 million yen. During the interim period, the company continued initiatives leveraging both in-store and EC channels, rationalized unprofitable stores, expanded PB products, and strengthened EC/OMO strategy. An apology and recurrence-prevention measures regarding a significant unauthorized access incident were also disclosed.

Outlook and Impact on Shareholders

Based on progress under the JT-2028 management plan, the company will promote strengthening profitability of physical stores, investment in human capital, and expansion of remodeling and EC. In the second half, the company aims to grow revenue and improve ROE through expansion of PB products, optimization of the store network, and logistics efficiency. The upward revision of the full-year forecast may be a positive signal for investors. Although this document does not state specific dividend figures, attention is needed to whether the stronger full-year outlook will imply future dividend policy indications.