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

Overview of Performance

Consolidated performance for the fiscal year ending February 2026 recorded total operating revenue of 1,032,287 million yen (almost flat YoY), operating revenue of 492,370 million yen (1.2% decrease YoY), operating income of 53,516 million yen (6.9% decrease YoY), business profit of 59,624 million yen (5.9% decrease YoY), and ordinary income of 56,879 million yen (5.8% decrease YoY). Due to recording a one-time special loss (redemption loss of 72,065 million yen related to the purchase and cancellation of convertible bonds with stock acquisition rights), a net loss attributable to owners of parent of 8,194 million yen was recorded. ROE was △1.8%, and ROIC was 5.7%.

Segment Performance and Future Outlook

Domestic department store business posted operating revenue of 303,856 million yen (4.5% decrease YoY) and operating income of 24,863 million yen (12.9% decrease YoY), impacted by a reaction decline in inbound demand. Overseas department store business recorded operating revenue of 34,310 million yen (0.1% increase YoY) and operating income of 8,524 million yen (1.9% increase YoY), with some locations achieving revenue and profit growth, although some regions experienced declines. Domestic and overseas commercial development, financial services, interior construction, and other businesses generally showed trends of revenue and profit growth. For the fiscal year ending February 2027, consolidated operating revenue is projected at 503,000 million yen (2.1% increase YoY), operating income at 57,500 million yen (7.4% increase YoY), and net income attributable to owners of parent is expected to recover to a profit of 38,000 million yen. Annual dividends are forecasted at 40 yen, continuing the trend of dividend increases.