Financial Summary for the Third Quarter of the Fiscal Year Ending December 2026 (Japanese GAAP) (Consolidated)

Performance Overview

For the cumulative third quarter period, revenue was 266,081 million yen, up 12.1% year-on-year, showing solid growth. EBITDA was 23,692 million yen (+11.3%), operating income was 17,986 million yen (+4.9%), and quarterly net income attributable to owners of parent was 12,100 million yen (+4.4%), maintaining an earnings-increasing trend. By segment, revenue increased mainly in the Factory Route, with contributions from e-Business, Home Center, and Overseas Routes. Including subsidiaries, investments in inventory enhancement and logistics strengthening continued to have an effect. Financial condition is stable with an equity ratio of 60.5%. The full-year forecast anticipates revenue of 3,500 hundred million yen (350,000 million yen, YoY +9.4%) and net income of 151.27 hundred million yen (15,127 million yen, YoY -4.7%).

Outlook and Impact on Shareholders

From the second half onward, the Company will continue to optimize inventory and logistics, and expects revenue growth supported by improving supply-demand conditions. However, new facility introductions and increased depreciation expense may pressure second-half earnings, so full-year net income is expected to decline year-on-year. Regarding dividends, the Company plans a full-year dividend of 61 yen as of the end of the third quarter, and the shareholder return policy will be maintained. As a capital policy, the equity ratio is expected to be maintained in the 60% range.