Selective focus on markets and approaches, and an agile business strategy

「As a specific initiative, in September 2025 the company opened Alex Comfort Mallage Kashiwa (Kashiwa, Chiba), its first store in Chiba Prefecture, a beauty lifestyle shop combining easy-to-use household goods with cosmetics from around the world, regardless of brand origin. Meanwhile, in November of the same year, after comparing the current earnings of Alex Sports Okinohama (Tokushima, Tokushima) and the adjacent third-floor Kojitsu Sanso Tokushima Yamashiro store with the future cash flows expected if the properties were converted to a real estate leasing business, the company determined that conversion was more rational and closed both stores. In December of the same year, it relocated to the former site of the Awour Liquor Okinohama store within the YAMASHIRO TERRACE complex (Tokushima, Tokushima), reopening as Alex Sports Yamashiro Main Store (Tokushima, Tokushima). …As a result, the group had 41 stores at the end of the interim consolidated accounting period.」

「In November of the same year, Alex Sports Bloom Maetamon (Tarumi-ku, Kobe) relocated from the facility’s second floor to its first floor, where higher foot traffic was expected, and reopened after renovation. In the same month, the company opened Alex Comfort LaSola Sapporo (Shiroishi-ku, Sapporo), its first store in Hokkaido, offering selected items suited to a comprehensive lifestyle encompassing clothing, food and housing. As a result, the number of group stores at the end of the consolidated fiscal year was 37.」

「In November of the same year, Alex Sports Bloom Maetamon (Tarumi-ku, Kobe) relocated from the facility’s second floor to its first floor, where higher foot traffic was expected, and reopened after renovation. In the same month, the company opened Alex Comfort LaSola Sapporo (Shiroishi-ku, Sapporo), its first store in Hokkaido, offering selected items suited to a comprehensive lifestyle encompassing clothing, food and housing. Meanwhile, it closed Aoyama WHISKY Authentic Bar 2021 and Decor Green Mandai Warehouse in September 2024, and Alex Comfort Crefi Sannomiya in January 2025. As a result, the number of group stores at the end of the interim consolidated accounting period was 38.」

「As a result, the number of group stores at the end of the consolidated fiscal year was 35.」

「As a specific initiative, in April 2024 the company opened “PLAZA ALEX Hibiya Chanter” (Chiyoda-ku, Tokyo) as a lifestyle shop offering carefully selected products with a sophisticated and original assortment, including interior goods, bags and accessories, regardless of whether they were from Japan or overseas or major or niche brands, and selected for their ability to grow more appealing with use. In the same month, it opened “&lulu MARK IS Fukuoka Momochi” (Chuo-ku, Fukuoka), offering lifestyle goods, cosmetics, food and other items that beautify everyday life within a one-of-a-kind concept. Meanwhile, in March of the same year, it closed “Alex Comfort Ikora Mall Izumisano” (Izumisano City, Osaka Prefecture).」

「Meanwhile, the company closed Alex Comfort Hoshigaoka Terrace (Chikusa-ku, Nagoya). For Our Liquor Aizumi (Itano District, Tokushima Prefecture), it compared the store’s current earnings with the future cash flows expected if it were converted to a real estate leasing business, determined that conversion was more rational and closed the store in January 2024.」

「In October of the same year, the company opened Kawabata WHISKY Established in 2023 (Hakata-ku, Fukuoka City), its first store in Fukuoka Prefecture, offering numerous whiskies from Japan and overseas, including hard-to-find products. Meanwhile, in the same month it closed Charlie DS Branch Otsukyo (Otsu City, Shiga Prefecture).」

「In July of the same year, the company opened Alex Comfort Crefi Sannomiya (Chuo-ku, Kobe).」

「Retail Alex Comfort Crefi Sannomiya (Chuo-ku, Kobe) Store 6,362 — Own funds June 2023 July 2023 176.38」

「As a specific initiative, in February 2023 the company opened Plaza Alex Laque Shijo Karasuma (Shimogyo-ku, Kyoto City), its first store in Kyoto Prefecture, under the concepts of “proposing a new way of living” and “discovering favorites of your own.” Meanwhile, it closed Plaza Alex Branch Otsukyo (Otsu City, Shiga Prefecture) in December 2022, taking into account the impact of the spread of COVID-19 and conditions in the surrounding market.」

「In October 2022, the company opened Alex Comfort Kishiwada Kankan Bayside Mall (Kishiwada City, Osaka Prefecture), selecting items suited to a comprehensive lifestyle encompassing clothing, food and housing. In November of the same year, it renovated Charlie Southern Mall Rokko (Nada-ku, Kobe) as a hybrid-format store, newly incorporating lifestyle elements such as greenery-focused kitchen goods, apparel and food products in addition to sophisticated cosmetics.」

「As a specific initiative, in March 2022 the company carried out a full interior and exterior renovation of Charlie Rainbow Road (Takamatsu City, Kagawa Prefecture), reopening it as a hybrid-format store that newly incorporated lifestyle elements such as selected lifestyle goods and interior products in addition to sophisticated cosmetics, pharmaceuticals and household goods centered on beauty and health. In the same month, it opened Alex Comfort Oasis 21 (Higashi-ku, Nagoya), selecting cosmetics from Japan and overseas and lifestyle goods that help customers enjoy a more pleasant and beautiful everyday life. In April of the same year, it opened Aoyama WHISKY Established in 2022, offering more than 500 types of whisky from Japan and overseas, including many hard-to-source whiskies such as duty-free-shop exclusives.」

「We will select the optimal store format and open stores after taking into account the market potential and regional characteristics of planned store-opening areas.」

「We will continue to actively open stores in markets with strong demand, while seeking new sources of earnings through initiatives such as renovating stores in line with changes in culture and needs and developing sales floors that combine our existing brands in hybrid formats.」

「In the retail business, we will continue to actively open stores in markets with strong demand, while seeking new sources of earnings through initiatives such as renovating stores in line with changes in culture and needs and developing sales floors that combine our existing brands in hybrid formats.」

「We will select and open the optimal store format and brand after taking into account market potential and regional characteristics.」

「We will select and open the optimal store format and brand after taking into account market potential and regional characteristics.」

「We believe that we should broadly examine the markets to target and the methods of approaching them, then selectively focus our efforts, while implementing a flexible business strategy that responds to customer needs.」