TOKYO BASE Co.,Ltd.

During the reporting period, the Company expanded its sales channels in Japan and overseas, centered on its apparel retail business. It launched the new format “KEY TIMEZ” and expanded store openings in Japan and overseas. Net sales were ¥12,466.670 million, while same-store sales were 105.7% of the year-earlier period. Overseas, the Company opened 4 stores in Hong Kong, bringing the number of overseas physical stores, including closures, to 16 at the period-end. In Japan, net sales were disclosed by format for STUDIOUS, UNITED TOKYO, PUBLIC TOKYO, CITY, THE TOKYO, CONZ, RITAN, JAPAN EDITION and KEY TIMEZ. During the interim consolidated accounting period, gross profit was ¥6,680.062 million, selling, general and administrative expenses were ¥5,822.256 million, operating income was ¥857.805 million, ordinary income was ¥920.912 million, interim profit before income taxes was ¥850.589 million, net income attributable to owners of the parent was ¥518.151 million, and cash and cash equivalents at the interim period-end were ¥3,523.338 million. Cash and cash equivalents at the interim period-end decreased by ¥3.825 million from the end of the previous fiscal year.