FY2026 February Term Financial Results Presentation Material

Overview of Financial Results

Net sales for the FY2026 February term reached 626.9 billion yen, marking a record high with a 103.1% year-over-year increase. Same-store sales also grew steadily at 102.9% YoY, supported by an increase in customer visits to existing stores, and strengthened local product offerings and delicatessen items. Operating income rose 10.6% YoY to 17.6 billion yen, driven by cost reductions through distribution streamlining and effective control of selling, general and administrative expenses. Ordinary income was 19.1 billion yen, and net income attributable to owners of parent was 12.4 billion yen, both posting year-over-year growth.

Earnings Guidance for FY2027 February Term and Shareholder Returns

For the FY2027 February term, net sales are projected at 648.0 billion yen (YoY 103.4%) and operating income at 18.0 billion yen (YoY 102.1%), aiming to reach record highs. Revenue increases are anticipated through new value propositions responding to evolving inflation, investments in new and renovated stores, and competitive store measures. SG&A expenses are planned at 145.7 billion yen, including personnel expenses of 85.7 billion yen (YoY 104.9%), while advancing productivity improvement initiatives. The dividend policy targets a payout ratio of 40%, with a forecasted dividend per share of 82 yen (interim 41 yen, year-end 41 yen) for FY2027 February term. This marks the sixth consecutive year of dividend increases, reflecting an active approach to shareholder returns.