Recognition of Net Sales, Operating Income and Profit Attributable to Owners of Parent

「During the six months ended the interim period, revenue was ¥101,189 million, an increase of ¥8,353 million, or 9.0%, from the previous interim period, as existing-store sales in the supermarket and food-service businesses remained strong. Operating income was ¥5,604 million, an increase of ¥630 million, or 12.7%, and ordinary income was ¥5,705 million, an increase of ¥656 million, or 13.0%. Net income attributable to owners of the parent decreased by ¥322 million, or 11.4%, to ¥2,508 million, due to the recognition of ¥407 million in extraordinary losses, including impairment losses.」

「Revenue was ¥186,207 million, an increase of ¥13,875 million, or 8.1%, from the previous fiscal year. Operating income was ¥10,048 million, an increase of ¥899 million, or 9.8%; ordinary income was ¥10,144 million, an increase of ¥825 million, or 8.9%; and net income attributable to owners of the parent was ¥6,457 million, an increase of ¥992 million, or 18.2%.」

「During the six months ended the interim period, revenue was ¥92,836 million, an increase of ¥5,863 million, or 6.7%, from the previous interim period, as existing-store sales in the supermarket and food-service businesses remained strong. One-time costs associated with new store openings in the Osaka area and higher market prices, particularly for rice and other food products, reduced the gross profit margin by 0.4 percentage points from the previous interim period. As a result, operating income was ¥4,974 million, a decrease of ¥258 million, or 4.9%, and ordinary income was ¥5,049 million, a decrease of ¥285 million, or 5.4%. Net income attributable to owners of the parent was ¥2,830 million, an increase of ¥69 million, or 2.5%.」

「Revenue was ¥172,331 million, an increase of ¥17,516 million, or 11.3%, from the previous fiscal year. Operating income was ¥9,149 million, an increase of ¥1,906 million, or 26.3%; ordinary income was ¥9,318 million, an increase of ¥1,901 million, or 25.6%; and net income attributable to owners of the parent was ¥5,465 million, an increase of ¥1,048 million, or 23.7%.」

「During the nine months ended the third quarter, existing stores in the supermarket and food-service businesses performed well, and the 3 stores opened in the previous fiscal year and the sales contribution from 株式会社スーパーみらべる, which joined the Group in March 2023, contributed to revenue. Revenue was ¥129,378 million, an increase of ¥16,080 million, or 14.2%, from the same period of the previous year. Operating income was ¥7,441 million, an increase of ¥1,835 million, or 32.7%; ordinary income was ¥7,599 million, an increase of ¥1,855 million, or 32.3%; and net income attributable to owners of the parent was ¥3,956 million, an increase of ¥879 million, or 28.6%.」

「During the six months ended the second quarter, existing-store sales in the supermarket and food-service businesses remained strong, and the 3 stores opened in the previous fiscal year and the sales contribution from 株式会社スーパーみらべる, which joined the Group in March 2023, contributed to revenue. Revenue was ¥86,972 million, an increase of ¥12,558 million, or 16.9%, from the same period of the previous year. Operating income was ¥5,232 million, an increase of ¥1,226 million, or 30.6%; ordinary income was ¥5,335 million, an increase of ¥1,276 million, or 31.4%; and net income attributable to owners of the parent was ¥2,760 million, an increase of ¥697 million, or 33.8%.」

「During the first quarter of the consolidated fiscal year, existing-store sales in the supermarket and food-service businesses remained strong, and the 3 stores opened in the previous fiscal year and the sales contribution from 株式会社スーパーみらべる, which joined the Group in March 2023, contributed to revenue. Revenue was ¥41,402 million, an increase of ¥6,103 million, or 17.3%, from the same quarter of the previous year. Operating income was ¥2,061 million, an increase of ¥556 million, or 37.0%; ordinary income was ¥2,137 million, an increase of ¥587 million, or 37.9%; and net income attributable to owners of the parent was ¥944 million, an increase of ¥296 million, or 45.6%.」

「Revenue was ¥154,815 million, an increase of ¥13,969 million, or 9.9%, from the previous fiscal year. In addition, an improved gross profit margin resulted in operating income of ¥7,242 million, an increase of ¥566 million, or 8.5%; ordinary income of ¥7,417 million, an increase of ¥491 million, or 7.1%; and net income attributable to owners of the parent of ¥4,416 million, an increase of ¥150 million, or 3.5%.」

「During the nine months ended the third quarter, revenue was ¥113,298 million, an increase of ¥7,666 million, or 7.3%, from the same period of the previous year, as existing stores in the supermarket and food-service businesses performed well. An improved gross profit margin resulted in operating income of ¥5,608 million, an increase of ¥303 million, or 5.7%; ordinary income of ¥5,746 million, an increase of ¥244 million, or 4.4%; and net income attributable to owners of the parent of ¥3,076 million, an increase of ¥167 million, or 5.7%.」

「During the six months ended the second quarter, revenue was ¥74,413 million, an increase of ¥3,344 million, or 4.7%, from the same period of the previous year, as existing-store sales in the supermarket and food-service businesses remained strong. An improved gross profit margin resulted in operating income of ¥4,006 million, an increase of ¥413 million, or 11.5%; ordinary income of ¥4,058 million, an increase of ¥305 million, or 8.1%; and net income attributable to owners of the parent of ¥2,063 million, an increase of ¥118 million, or 6.1%.」

「During the first quarter of the consolidated fiscal year, revenue was ¥35,299 million, an increase of ¥984 million, or 2.9%, from the same quarter of the previous year, as existing-store sales in the supermarket and food-service businesses remained strong. In addition, an improved gross profit margin resulted in operating income of ¥1,504 million, an increase of ¥176 million, or 13.3%; ordinary income of ¥1,550 million, an increase of ¥111 million, or 7.7%; and net income attributable to owners of the parent of ¥648 million, an increase of ¥46 million, or 7.7%.」

「Revenue was ¥140,845 million, an increase of ¥11,021 million, or 8.5%, from the previous fiscal year. As a result, operating income was ¥6,675 million, an increase of ¥99 million, or 1.5%; ordinary income was ¥6,925 million, an increase of ¥232 million, or 3.5%; and net income attributable to owners of the parent was ¥4,266 million, an increase of ¥19 million, or 0.5%.」

「During the nine months ended the third quarter, revenue was ¥105,632 million, an increase of ¥8,724 million, or 9.0%, from the same period of the previous year, due to sales contributions from the 5 stores newly opened in the previous fiscal year and strong existing-store performance from the third quarter. Amid revised purchase prices due to higher raw-material costs, the Company worked to procure products at lower prices by making bulk purchases using the processing and distribution center's large-scale storage capacity and leveraging its purchasing strength as a specialty retailer. Selling prices were appropriately adjusted for products whose purchase prices had been revised, while monitoring price trends. As a result, operating income was ¥5,305 million, a decrease of ¥254 million, or 4.6%; ordinary income was ¥5,501 million, a decrease of ¥127 million, or 2.3%; and net income attributable to owners of the parent was ¥2,909 million, a decrease of ¥461 million, or 13.7%.」

「During the six months ended the second quarter, revenue was ¥71,068 million, an increase of ¥5,139 million, or 7.8%, from the same period of the previous year, due to sales contributions from the 5 stores newly opened in the previous fiscal year. However, operating income was ¥3,592 million, a decrease of ¥571 million, or 13.7%; ordinary income was ¥3,753 million, a decrease of ¥439 million, or 10.5%; and net income attributable to owners of the parent was ¥1,944 million, a decrease of ¥212 million, or 9.8%. Factors included continued opening sales at newly opened stores and a temporary decline in the gross profit margin as selling prices for certain priority products were kept unchanged as a sales-enhancement measure amid higher raw-material costs.」

「During the first quarter of the consolidated fiscal year, revenue was ¥34,314 million, an increase of ¥2,845 million, or 9.0%, from the same quarter of the previous year, due to sales contributions from the 5 stores newly opened in the previous fiscal year and solid sales at existing stores in the supermarket business. However, operating income was ¥1,328 million, a decrease of ¥308 million, or 18.9%; ordinary income was ¥1,438 million, a decrease of ¥216 million, or 13.1%; and net income attributable to owners of the parent was ¥601 million, a decrease of ¥150 million, or 20.0%. Factors included the continued opening sales at stores newly opened in the previous fiscal year and a temporary decline in the gross profit margin as selling prices were kept unchanged as a sales-enhancement measure amid volatile produce prices caused by poor weather and revised purchase prices due to higher raw-material costs.」

「As a result, revenue was ¥96,907 million, an increase of ¥2,532 million, or 2.7%, from the same period of the previous year. Operating income was ¥5,560 million, an increase of ¥768 million, or 16.0%, and ordinary income was ¥5,629 million, an increase of ¥769 million, or 15.8%.」

「As a result, revenue was ¥65,928 million, an increase of ¥3,923 million, or 6.3%, from the same quarter of the previous year. Operating income was ¥4,163 million, an increase of ¥1,353 million, or 48.1%, and ordinary income was ¥4,193 million, an increase of ¥1,324 million, or 46.2%.」

「During the first quarter of the consolidated fiscal year, existing-store performance in the supermarket business grew as demand for at-home dining increased due to the spread of COVID-19. Revenue was ¥31,468 million, an increase of ¥1,607 million, or 5.4%, from the same quarter of the previous year. Operating income was ¥1,636 million, an increase of ¥780 million, or 91.2%, and ordinary income was ¥1,655 million, an increase of ¥764 million, or 85.9%. In addition, while revenue and operating income increased during the first quarter due to stronger demand for at-home dining, net income attributable to owners of the parent was ¥752 million, an increase of ¥105 million, or 16.4%, from the same quarter of the previous year, partly because the Company had recognized ¥300 million in compensation received in connection with a subsidiary vacating stores as extraordinary income in the first quarter of the previous year.」

「As a result, the Company achieved record-high revenue and ordinary income.」

「During the nine months ended the third quarter, strong existing-store performance in the supermarket business resulted in revenue of ¥94,374 million, an increase of ¥11,109 million, or 13.3%, from the same period of the previous year. Operating income was ¥4,791 million, an increase of ¥1,169 million, or 32.3%, and ordinary income was ¥4,859 million, an increase of ¥1,143 million, or 30.8%. In addition, the Company recognized ¥300 million in compensation received in connection with a subsidiary vacating stores as extraordinary income. As a result, net income attributable to owners of the parent was ¥2,962 million, an increase of ¥736 million, or 33.1%, from the same period of the previous year.」

「During the six months ended the second quarter, existing-store performance in the supermarket and other food-service businesses remained strong, and the stores of 株式会社タジマ, which joined the Group during the previous fiscal year, together with the 5 stores newly opened in the previous fiscal year, contributed to sales. Revenue was ¥62,005 million, an increase of ¥5,689 million, or 10.1%, from the same period of the previous year. Operating income was ¥2,810 million, an increase of ¥167 million, or 6.4%; ordinary income was ¥2,868 million, an increase of ¥150 million, or 5.5%; and net income attributable to owners of the parent was ¥1,858 million, an increase of ¥278 million, or 17.7%, owing to ¥300 million in compensation received in connection with a subsidiary vacating stores, recognized as extraordinary income.」

「During the first quarter of the consolidated fiscal year, existing-store performance in the supermarket business remained strong, and the stores of 株式会社タジマ, which joined the Group during the previous fiscal year, together with the 5 stores newly opened in the previous fiscal year, contributed to sales. Revenue was ¥29,861 million, an increase of ¥2,771 million, or 10.2%, from the same quarter of the previous year.」

「As a result, the Company achieved record-high revenue and ordinary income.」

「During the nine months ended the third quarter, existing-store performance in the supermarket and other food-service businesses remained generally solid, and the Meat Festival and Gyoza Festival were held as planned in the other event-related businesses. Revenue was ¥83,265 million, an increase of ¥1,984 million, or 2.4%, from the same period of the previous year. However, operating income was ¥3,622 million, a decrease of ¥14 million, or 0.4%, and ordinary income was ¥3,716 million, a decrease of ¥4 million, or 0.1%, due to opening costs for 4 new supermarket stores, store renovation costs, and costs related to the acquisition of shares in 株式会社タジマ, which joined the Group in May 2019. In addition, the Company recognized ¥150 million in compensation received in connection with a subsidiary vacating stores as extraordinary income. Despite an increase in income taxes and other factors, net income attributable to owners of the parent was ¥2,226 million, an increase of ¥10 million, or 0.5%, from the same period of the previous year.」

「During the six months ended the second quarter, existing-store performance in the supermarket and other food-service businesses remained generally solid, and the Meat Festival and Gyoza Festival were held as planned in the other event-related businesses. Revenue was ¥56,316 million, an increase of ¥1,005 million, or 1.8%, from the same period of the previous year. Operating income was ¥2,642 million, an increase of ¥113 million, or 4.5%; ordinary income was ¥2,718 million, an increase of ¥139 million, or 5.4%; and net income attributable to owners of the parent was ¥1,579 million, an increase of ¥52 million, or 3.4%.」

「During the first quarter of the consolidated fiscal year, existing-store performance in the supermarket and other food-service businesses remained strong, and the Meat Festival and Gyoza Festival were held as planned in the other event-related businesses. Revenue was ¥27,090 million, an increase of ¥745 million, or 2.8%, from the same quarter of the previous year. Operating income was ¥934 million, an increase of ¥173 million, or 22.8%; ordinary income was ¥957 million, an increase of ¥204 million, or 27.1%; and net income attributable to owners of the parent was ¥540 million, an increase of ¥127 million, or 30.9%.」

「Operating results for the consolidated fiscal year reflected contributions from the 5 stores opened in the previous fiscal year, the 2 stores newly opened during the fiscal year, AATJ Co., Ltd. and Active Marketing System Co., Ltd., which joined the Group during the previous fiscal year, and other factors. Revenue was ¥108,289 million, an increase of ¥4,519 million, or 4.4%, from the previous fiscal year. In addition to strong year-end sales, the supermarket business's busiest period of the year, profitability at the 5 stores newly opened in the previous fiscal year gradually improved. As a result, operating income was ¥4,449 million, an increase of ¥496 million, or 12.6%, and ordinary income was ¥4,546 million, an increase of ¥460 million, or 11.3%, from the previous fiscal year. Net income attributable to owners of the parent was ¥2,773 million, an increase of ¥98 million, or 3.7%, from the previous fiscal year.」

「For the nine months ended 31 December, results benefited from the contribution of the 5 stores opened in the previous consolidated fiscal year and AATJ㈱ and ㈱アクティブマーケティングシステム, which joined the Group during the previous consolidated fiscal year. Revenue increased ¥4,261 million, or 5.5%, year on year to ¥81,280 million. In addition to strong year-end sales, the profitability of the 5 stores opened in the previous consolidated fiscal year gradually improved. Operating profit increased ¥464 million, or 14.6%, to ¥3,637 million, and ordinary profit increased ¥443 million, or 13.5%, to ¥3,720 million. Extraordinary income decreased because the previous consolidated fiscal year included ¥99 million in compensation received in connection with the relocation costs arising from the rebuilding of a subsidiary's head office building and a ¥243 million gain on the step acquisition of shares in ㈱アクティブマーケティングシステム, which became a consolidated subsidiary. As total income taxes increased by ¥68 million, quarterly net income attributable to owners of the parent increased ¥31 million, or 1.5%, year on year to ¥2,216 million.」

「For the six months ended 30 September, results benefited from the contribution of the 5 stores opened in the previous consolidated fiscal year and AATJ㈱ and ㈱アクティブマーケティングシステム, which joined the Group during the previous consolidated fiscal year. Revenue increased 6.6% year on year to ¥55,311 million. In addition to strong year-end sales, the profitability of the 5 stores opened in the previous consolidated fiscal year gradually improved. Operating profit increased ¥143 million, or 6.0%, to ¥2,528 million, ordinary profit increased ¥131 million, or 5.4%, to ¥2,579 million, and quarterly net income attributable to owners of the parent increased ¥101 million, or 7.1%, to ¥1,527 million.」

「Selling, general and administrative expenses were 25.0% of revenue, an improvement of 0.4 percentage points from the same quarter of the previous fiscal year through cost controls. However, this was insufficient to offset the decline in the gross profit margin. Operating profit was ¥761 million, a decrease of ¥144 million, or 15.9%, and ordinary profit was ¥753 million, a decrease of ¥184 million, or 19.6%, from the same quarter of the previous fiscal year. In addition, in the previous consolidated fiscal year, ¥99 million in compensation received in connection with the relocation costs arising from the rebuilding of a subsidiary's head office building was recorded as extraordinary income. As a result, quarterly net income attributable to owners of the parent was ¥412 million, a decrease of ¥119 million, or 22.5%, from the same quarter of the previous fiscal year.」

「Revenue was ¥103,770 million, an increase of ¥6,595 million, or 6.8%, from the previous consolidated fiscal year. Operating profit was ¥3,952 million, a decrease of ¥329 million, or 7.7%, and ordinary profit was ¥4,086 million, a decrease of ¥203 million, or 4.7%. As a result, net income for the year attributable to owners of the parent was ¥2,674 million, an increase of ¥116 million, or 4.6%.」

「As a result, revenue for the nine months ended 31 December was ¥77,019 million, an increase of ¥4,220 million, or 5.8%, from the same period of the previous fiscal year. Operating profit was ¥3,173 million, a decrease of ¥312 million, or 9.0%. Ordinary profit was ¥3,277 million, a decrease of ¥209 million, or 6.0%. Net income for the quarter attributable to owners of the parent was ¥2,184 million, an increase of ¥90 million, or 4.3%.」

「As a result, revenue for the six months ended 30 September was ¥51,879 million, an increase of ¥2,649 million, or 5.4%, from the same period of the previous fiscal year. Operating profit was ¥2,385 million, an increase of ¥4 million, or 0.1%. Ordinary profit was ¥2,447 million, an increase of ¥12 million, or 0.5%. Net income for the quarter attributable to owners of the parent was ¥1,425 million, a decrease of ¥183 million, or 11.4%.」

「As a result, revenue for the three months ended 30 June was ¥24,587 million, operating profit was ¥905 million, ordinary profit was ¥937 million, and net income for the quarter attributable to owners of the parent was ¥532 million.」

「Revenue for the consolidated fiscal year was ¥97,174 million, an increase of ¥5,634 million, or 6.2%, from the previous consolidated fiscal year. Operating profit was ¥4,282 million, an increase of ¥806 million, or 23.2%. Ordinary profit was ¥4,289 million, an increase of ¥732 million, or 20.6%. Net income attributable to owners of the parent was ¥2,557 million, an increase of ¥704 million, or 37.9%.」