Financial Presentation Materials April 10, 2026 Fiscal Year Ending February 2026

Overview of Performance

For the fiscal year ending February 2026, consolidated results were net sales of 125,450 million yen (9.0% YoY increase), operating income of 6,718 million yen (25.5% YoY increase), ordinary income of 6,613 million yen (28.5% YoY increase), and net income attributable to owners of parent of 3,709 million yen (6.4% YoY increase). The main factors behind the increase in both revenue and profit were increased sales from the official Osaka-Kansai Expo store opening and recording of compensation received due to the closure of the Nagoya store. Conversely, impairment losses on store assets for the Yokkaichi and Nara stores were recorded as extraordinary losses. SG&A expenses increased 8.0% YoY due to higher Expo-related expenses but supported the rise in operating income.

Segment Results and Outlook

By segment, the department store business remains the core, while in wholesale and retail, Stern Kintetsu’s used car sales were strong but resulted in decreased profit due to lower profit margins. In interior construction, Kinsou saw strong hotel construction orders. For the fiscal year ending February 2027, forecasts anticipate net sales of 115,000 million yen (8.3% YoY decrease), operating income of 5,400 million yen (19.6% YoY decrease), ordinary income of 5,200 million yen (21.4% YoY decrease), and net income attributable to owners of parent of 3,700 million yen (0.2% YoY decrease), projecting declines in both revenue and profit. On the asset side, interest-bearing debt has significantly decreased, improving the financial structure.