Supplementary Materials for the Second Quarter of Fiscal Year Ending March 2027

Overview of Results

These materials provide supplementary information for 1H FY2026, presenting an overview of consolidated results and trends by segment. For 1H, total net sales were 585,965 million yen, operating income was 13,725 million yen, and net income attributable to owners of parent was 14,890 million yen, reflecting improvement from the prior year. The full-year sales forecast is 1,230,500 million yen, operating income 33,500 million yen, and net income attributable to owners of parent 23,500 million yen, indicating expectations to maintain a similar growth rate as the prior year. By segment, department stores are performing steadily, the food business has declined year-on-year, and commercial facilities remain favorable.

Outlook and Impact

Year-on-year changes for the full-year forecast relative to the initial forecast are expected to be limited, but continued growth in department stores and expansion of commercial facilities are assumed to support the profit base. If the downturn in the food business persists, there is concern over its impact on margins; however, overall, sales and profit are expected to continue expanding. Going forward, store expansion and diversification of sales composition will be important as segment-specific strategies.