Full-Year Financial Presentation for the Fiscal Year Ended September 2026 and Matters Concerning Business Plan and Growth Potential

Overview of Performance

For the fiscal year ended September 2026, while gross merchandise value was flat to slightly up versus the prior year, operating revenue increased. However, operating income declined due to investments to strengthen the foundation, such as renovations of existing stores and the establishment of a new logistics center, and higher personnel costs. Costs associated with opening 31 new stores and renovation investments had an impact. The full-year forecast anticipates gross merchandise value of 26,200 million yen and operating income of 770 million yen. For the fiscal year ending September 2027, the company targets gross merchandise value of 26,600 million yen and operating income of 950 million yen through three pillar deepening measures.

Future Policy and Impact for Investors

The growth strategy centers on expanding 'places', 'users', and 'use cases' to enhance platform value. The company will accelerate store openings while improving quality, expand logistics centers serving producers, and promote operational efficiency using AI. These initiatives aim to expand gross merchandise value and optimize selling, general and administrative expenses over the long term. Although near-term investments are expected to increase, the company projects profit recovery and growth in the fiscal year ending September 2027.