Q1 FY2027 Financial Summary (Japan GAAP) for the First Quarter (Non-consolidated)

Performance Overview

In the first quarter cumulative period, net sales were 326,927 million yen, up 3.4% year over year, while operating income, ordinary income, and quarterly net income declined by 19.5%, 16.0%, and 23.3% respectively. Although gross profit remained roughly flat, selling, general and administrative expenses rose, weighing on profits. The outlook for personal consumption remains uncertain, alongside rising logistics costs. Regarding dividends, the company has resolved not to pay dividends at the end of the second quarter or fiscal year-end for FY2027. Due to delisting plans, earnings guidance has not been disclosed.

Financial Position and Cash Flows

Total assets are 526,210 million yen, net assets 300,028 million yen, and equity ratio 57.0%. Cash and deposits decreased to 64,120 million yen, with cash and cash equivalents at year-end also 64,120 million yen. Cash flows from operating activities: △11,520 million yen; from investing activities: △3,004 million yen; from financing activities: △4,637 million yen. Year-end cash and cash equivalents declined by 641 million yen.