Life Foods Co.,Ltd.

Life Foods operates primarily in the food service business in Japan. During the 40th interim accounting period (1 March 2025 to 31 August 2025) and the 41st interim accounting period (1 March 2026 to 31 August 2026), the Company operated its business as a single food service segment. The number of stores at the end of the period was 87, while net sales were ¥4,662.053 million, operating income was ¥54.152 million, ordinary income was ¥81.227 million, and interim net income was ¥39.613 million. Compared with the same period of the previous year, net sales decreased 5.6%, operating income decreased 63.7%, ordinary income decreased 52.1%, and interim net income decreased 68.3%. Cash and cash equivalents at the end of the interim period were ¥1,437.312 million. The Company implemented measures including reviewing its menu in response to rising raw material prices; enhancing services by distributing the “¥50 Coupon at the Beginning of the Month” and “Scratch Cards with Prizes” through its official app; replacing ticket vending machines with models compatible with cashless payments; accepting online takeaway orders for the Uwajimaru format; and selling products through its online shop on a limited-time and limited-quantity basis. The Company thoroughly managed employee health and hygiene to ensure customer safety and peace of mind. In terms of its financial position, current assets were ¥2,198.036 million, non-current assets were ¥1,484.307 million, and total assets were ¥3,682.343 million. Current liabilities were ¥1,049.221 million, non-current liabilities were ¥896.713 million, and total liabilities were ¥1,945.935 million. Total net assets were ¥1,736.407 million, and the equity ratio was 47.2%. Cash and cash equivalents at the end of the interim period were ¥1,437.312 million. There were no applicable research and development activities. No decisions were made or agreements entered into concerning material contracts.