Financial Summary for the Fiscal Year Ending December 2025 [Japanese GAAP] (Consolidated)

Overview of Performance

For the fiscal year ending December 2025, consolidated results recorded net sales of JPY 165,495 million (YoY +8.8%), operating income of JPY 7,685 million (YoY +4.3%), and ordinary income of JPY 7,917 million (YoY +8.2%). Meanwhile, net income attributable to owners of parent was JPY 5,660 million (YoY △4.5%), affected by special gains and losses. Segment performance was as follows: the Dining Out segment posted net sales of JPY 66,844 million (YoY +6.0%) and ordinary income of JPY 2,337 million (YoY △26.9%); the Contract segment had net sales of JPY 53,364 million (YoY +7.2%) and ordinary income of JPY 2,656 million (YoY △3.3%); the Hotel segment recorded net sales of JPY 41,416 million (YoY +18.1%) and ordinary income of JPY 6,849 million (YoY +26.3%); and the Food segment reported net sales of JPY 12,955 million (YoY +3.9%) and ordinary income of JPY 452 million (YoY +320.7%).

Financial Position and Outlook

At the end of the fiscal year ending December 2025, total assets stood at JPY 139,763 million (an increase of JPY 12,024 million from the previous fiscal year-end), liabilities were JPY 84,281 million (an increase of JPY 7,017 million), and net assets were JPY 55,481 million (an increase of JPY 5,006 million). The equity ratio remained nearly flat at 39.2%. On January 1, 2026, a 2-for-1 stock split was executed to improve stock liquidity. Earnings guidance for the fiscal year ending December 2026 anticipates net sales of JPY 174,800 million (YoY +5.6%), operating income of JPY 8,950 million (YoY +16.4%), and net income attributable to owners of parent of JPY 5,700 million (YoY +0.7%). A dividend of JPY 17.50 per share (post-stock split) is planned, maintaining stable shareholder returns with a target payout ratio of 30%.