Financial Summary for the Fiscal Year Ending February 2026 [Japanese Standards] (Consolidated)

Overview of Financial Results

For the fiscal year ending February 2026, consolidated performance recorded net sales of JPY 341,141 million (8.0% year-over-year increase). However, operating income decreased to JPY 14,196 million (12.5% year-over-year decrease), ordinary income declined to JPY 13,845 million (27.8% year-over-year decrease), and net income attributable to owners of parent was JPY 8,088 million (20.1% year-over-year decrease). The decreases in operating income, ordinary income, and net income reflect the impact of the absence of last year's gains on sales of investment securities, persistent high raw material and logistics costs, as well as increases in sales commissions and labor costs. By segment, retail business net sales increased to JPY 276,722 million (8.4% year-over-year increase), but operating income declined; wholesale business saw decreases in both net sales and operating income; food service business experienced sales growth but profit decreases; real estate business posted slight increases in net sales and slight decreases in operating income.

Future Outlook

The consolidated earnings forecast for the fiscal year ending February 2027 anticipates net sales of JPY 360,000 million (5.5% year-over-year increase), operating income of JPY 17,000 million (19.7% year-over-year increase), ordinary income of JPY 16,500 million (19.2% year-over-year increase), and net income attributable to owners of parent of JPY 10,000 million (23.6% year-over-year increase). Core housing-related business will advance structural reforms and growth strategies, while the food service business plans to accelerate new brand development and store openings. Although challenges such as intensified competition and soaring raw material prices remain, the company aims to create synergies and enhance corporate value.