Fiscal Year Ending March 2026 Earnings Presentation Materials (April 1, 2025 – March 31, 2026)

Business Performance Overview

Consolidated operating revenue for the fiscal year ending March 2026 was 385,384 million yen, an increase of 1.6% Year-over-Year, and operating income was 23,055 million yen, up 2.9% Year-over-Year. Net income attributable to owners of parent was 14,645 million yen, up 6.7% Year-over-Year, achieving growth in both revenue and profit. Although selling, general and administrative expenses increased by 2.1% Year-over-Year to 110,073 million yen, operating income grew due to an increase in gross operating profit. By product category, gardening, agriculture, and pet supplies performed well with sales growing 3.3% Year-over-Year, and sales of power tools and PRO products were also strong.

Financial Position and Dividend Policy

As of the end of March 2026, total assets amounted to 394,194 million yen, an increase of 7,532 million yen from the previous fiscal year-end, and net assets totaled 256,979 million yen, up 10,663 million yen. Cumulative capital investment reached 25 billion yen, allocated partly for the commencement of operations at the new Kansai Distribution Center. The shareholder return policy is based on a progressive dividend approach that maintains or increases dividends in line with profit growth. The annual dividend for the fiscal year ending March 2026 is planned at 56 yen total—28 yen interim and 28 yen year-end—representing a 2 yen increase Year-over-Year.