Financial Summary for the Third Quarter of Fiscal Year Ending February 2026 [Japanese Standards] (Consolidated)

Performance Overview

For the third quarter of the fiscal year ending February 2026 (March 1, 2025 to November 30, 2025), consolidated net sales were JPY 33,815 million, a 6.3% decrease compared to the same period last year. Operating income decreased 48.8% YoY to JPY 1,825 million, ordinary income decreased 48.3% YoY to JPY 1,808 million, and net income attributable to owners of parent fell 71.2% YoY to JPY 596 million. In the department store segment, events such as the 'Matsuen Festival' at the Ginza store and strengthened CRM delivered certain results, but sales declined due to reduced duty-free sales. The food service segment saw increased revenue and income driven by steady performance in the wedding banquet division, while building services and advertising segments experienced slight sales decreases but operating income increased.

Financial Position and Dividend Status

Total assets increased by JPY 1,729 million from the previous fiscal year-end to JPY 77,836 million, while net assets decreased by JPY 3,127 million to JPY 26,073 million. The equity ratio stood at 32.4%. The annual dividend is planned to remain at JPY 12 for the fiscal year ending February 2026, maintaining the same amount as the previous term. Full-year earnings guidance projects net sales of JPY 45,000 million (down 6.5% YoY), operating income of JPY 2,000 million (down 55.4% YoY), and net income attributable to owners of parent of JPY 1,200 million (down 49.7% YoY).