Fiscal Year Ending February 2026 Third Quarter Financial Summary [Japanese GAAP] (Consolidated)

Overview of Results

For the cumulative third quarter of the current fiscal year, revenue expanded to 256,246 million yen (YoY +7.8%), while operating income decreased to 10,821 million yen (YoY -14.8%), reflecting material factors reducing profitability. Ordinary income was 10,733 million yen (YoY -31.7%), and net income attributable to owners of the parent for the quarter was 6,449 million yen (YoY -33.8%). The expense structure includes impacts from new subsidiaries being consolidated (including Pets First HD), and by segment retail, foodservice, and real estate were the main contributors. Investors should refer to the supplementary financial materials and monitor future performance trends closely.

Outlook and Dividends

The full-year earnings forecasts reflect the separately announced revisions, and this report incorporates the "Revision of Consolidated Earnings Forecasts for the Fiscal Year Ending February 2026." Dividends recorded for the fiscal year ending February 2025 were 20 yen each at the end of Q1 and Q2; for the current fiscal year the dividend at the end of Q3 and year-end remains subject to announced forecasts and should be monitored. The change in the scope of consolidation (full acquisition of Pets First HD) has affected the financial structure, including recognition of goodwill. Future focus will be on cost containment measures and the impact of store expansion.