Izutsuya Co., Ltd. Financial Summary for the Second Quarter of the Fiscal Year Ending February 2027 (Interim) [Japanese GAAP] (Consolidated)

Performance Overview

Izutsuya Co., Ltd.'s consolidated results for the second quarter of the fiscal year ending February 2027 were: revenue 10,314 million yen, operating income 198 million yen, ordinary income 39 million yen, and net income attributable to owners of parent 36 million yen. Compared with the same period last year, revenue decreased by -1.9% and all profit measures were below the prior-year levels. On a department store agency transaction basis, revenue corresponds to 25,211 million yen (YoY 99.1%). Costs related to new store openings and store renovations were partially recorded. The company projects full-year results of revenue 21,000 million yen, operating income 800 million yen, ordinary income 500 million yen, and net income attributable to owners of parent 500 million yen, and assumes a year-end dividend of 7 yen.

Outlook and Key Factors

The full-year forecast remains unchanged from the previously announced figures, but there are risks of fluctuation depending on current market conditions (inbound demand trends, price fluctuations, department store renovations, etc.). The department store division continues to be affected by projects such as the basement floor renovation of the Yamaguchi store, and the company is working to expand its customer base through digital initiatives and the introduction of new brands. Efforts to diversify the revenue base are underway through alliance businesses and the opening of new stores.