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Earnings presentation3548BAROQUE JAPAN LIMITEDRetail

Notice of Publication of the Transcript and Video of the Briefing on Full-Year Results for the Fiscal Year Ending February 2026

For the fiscal year ended February 2026, net sales and operating profit were below the previous fiscal year, while net profit turned profitable due to the elimination of losses associated with the dissolution of the Chinese joint venture and gains on the sale of shares. For the fiscal year ending February 2027, the Company expects higher sales and profits and will work to rebuild its flagship brands and enter new businesses.

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The decline in net sales, lower customer traffic at AZUL BY MOUSSY, and the dissolution of the Chinese joint venture weighed on sales and operating profit. Meanwhile, net profit turned profitable due to the control of selling, general and administrative expenses and the reduction of inventory valuation losses, as well as the elimination of equity-method investment losses associated with the dissolution of the Chinese joint venture and the recognition of gains on the sale of shares in an affiliate.

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Notice of Publication of the Transcript and Video of the Briefing on Full-Year Results for the Fiscal Year Ending February 2026 | BAROQUE JAPAN LIMITED (3548) timely disclosure | Komori