Financial Summary for February 2026 Period [Japanese GAAP] (Consolidated)

Overview of Performance

Consolidated net sales for the February 2026 period were 45,760 million yen, a 5.0% decrease compared to the previous year. Operating income was 2,636 million yen (down 41.2% YoY), ordinary income was 2,600 million yen (down 41.8% YoY), and net income attributable to owners of parent was 2,192 million yen (down 8.0% YoY). The department store segment focused on the renewal effects of the Ginza store and strengthening luxury brands, but declined below the previous year's results due to decreases in duty-free sales and travel restrictions imposed by the Chinese government. The restaurant business achieved increased revenue and profit supported by steady performance in the wedding banquet division, and both building comprehensive services and advertising segments secured profit growth driven by favorable results in the creative division.

Financial Position and Cash Flow Status

Total assets increased by 310 million yen from the previous year to 76,138 million yen, while net assets declined to 27,478 million yen. The equity ratio stood at 35.0%. Cash flow from operating activities was positive 4,722 million yen, cash flow from investing activities was positive 143 million yen, and cash flow from financing activities was negative 4,032 million yen, resulting in cash and cash equivalents at period-end of 4,694 million yen.

Dividend Status

An annual dividend of 12 yen per share (6 yen interim dividend and 6 yen year-end dividend) is planned for the February 2026 period. The expected payout ratio is 28.6%. The same annual dividend of 12 yen is planned for the February 2027 period.

Earnings Forecast for February 2027 Period

The consolidated earnings forecast for the February 2027 period projects net sales of 44,000 million yen (down 3.7% YoY), operating income of 1,800 million yen (down 31.7% YoY), ordinary income of 1,300 million yen (down 50.0% YoY), and net income attributable to owners of parent of 500 million yen (down 77.2% YoY). Net income per share is forecasted at 9.85 yen.