GENERATION PASS CO.,LTD.

During the period, the Group's core business was EC marketing, supplemented by product planning-related operations. The EC marketing business increased revenue through expanded sales of D2C products and other initiatives, with the aim of improving margins. In the product planning-related business, sales of recovery wear expanded sharply, while orders for bedding and apparel-related products using functional fibers remained firm. For the interim consolidated accounting period, revenue was ¥9,655 million, operating income was ¥153 million, ordinary income was ¥146 million, and interim net income attributable to owners of the parent was ¥119 million. By major segment, the EC marketing business generated revenue of ¥7,277 million and segment profit of ¥125 million, while the product planning-related business generated revenue of ¥2,447 million and segment profit of ¥171 million. Other businesses mainly comprise contract software development and related operations by domestic subsidiaries, with segment profit equivalent to ¥14.586 million (converted from thousands of yen). The market segment was changed from the Growth Market to the Standard Market in May 2026. The composition of non-operating income, including foreign exchange gains, changed during the period. The previous interim period included foreign exchange gains related to a debt-equity swap, but these declined in the current period.