Slides
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue FY25/9 Financial Results Summary FOOD & LIFE COMPANIES LTD. [3563.T] November 7, 2025
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue AGENDA ■ FY25/9 Financial Results ■ FY25/9 Performance Review FY26/9 Forecast Japan Business (Sushiro) Japan Business (Kyotaru, Misaki, Sugidama) International Business ■ Closing Remarks ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ Masahiro Yamamoto President & CEO Takeshi Yoshida Corporate Officer Kohei Nii Senior Executive Corporate Officer Hiromitsu Kato Executive Vice President, Corporate Officer Masahiro Yamamoto President & CEO Masahiro Yamamoto President & CEO ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・ ・
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue FY25/9 Financial Results Takeshi Yoshida Corporate Officer, Finance & Accounting
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R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. 4 FY24/9 FY25/9 Actual % in Revenue Actual % in Revenue YoY vs.Forecast*2 Revenue 361,129 ー 429,574 ー 19.0% 102.0% EBITDA *1 37,485 10.4％ 52,079 12.1％ 38.9% 105.2% Operating Profit 23,384 6.5% 36,093 8.4% 54.4% 103.1% Profit for the Period *3 14,633 4.1% 22,937 5.3% 56.7% 109.2% COGS 155,796 43.1% 184,567 43.0% 0.2pt ー Store Count 1,155 ー 1,198 ー 43 ー ■Achieved record-high revenue and profit for the fiscal year. (Millions, JPY) *1 : EBITDA = Operating Profit adjusted for Depreciation & Amortization (excluding the depreciation/amortization of Right-of-Use Asset) and Impairment. *2 : Achievement rate against FY25 full-year forecast announced on August 6 , 2025. *3: Profit attributable to owners of the parent Financial Highlights, FY25/9(consolidated, cumulative)
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R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. Japan Sushiro Int’l Business *2 Kyotaru Business Japan Sugidama *4 FY24 FY25 Increase/ Decrease FY24 FY25 Increase/ Decrease FY24 FY25 Increase/ Decrease FY24 FY25 Increase/ Decrease Revenue 238,173 265,903 11.6% 92,138 131,420 42.6% 23,939 23,425 ▲2.2% 6,806 8,153 19.8% EBITDA*1 27,834 33,065 18.8％ 16,085 27,487 70.9％ 932 1,200 28.9％ 634 592 ▲6.6％ Operating*1 Profit 21,355 25,994 21.7％ 9,915 20,340 105.1％ 368 766 107.9％ 439 271 ▲38.4％ Depreciation & Amortization 16,401 17,840 8.8% 11,010 14,202 29.0% 1,738 1,706 ▲1.8% 728 907 24.7% Impairment 582 112 ▲80.7% 1,179 698 ▲40.8% 400 227 ▲43.3% 30 108 258.5% Store Count 646 659 (13) 182 234 (52) 238 208 (▲30) 89 97 (8) 5 Financial Highlights, FY25/9(by segment, by quarter) *1 : Segment EBITDA and segment operating profit on this page onwards, are the figures before cross-segment royalty payments. *2 : Int’l Business’ includes on Sugidama store operating in Hong Kong and the U.S. *3 : The difference between consolidated operating profit and the sum of operating profits of all segments is the amount of cross-segment transactions as well as all-company-level expenses that don’t get allocated to above segments. *4 : One of the reporting segments ‘Other Businesses’ has been renamed as ‘Japan Sugidama.’ And, this new segment ‘Japan Sugidama’ shown in above table only includes the results of Sugidama brand business in Japan. （Millions, JPY） ■In addition to the increase in revenue and profit in the Japan Sushiro Business, the International Sushiro Business also achieved a significant increase in both revenue and profit with its sales composition % exceeding 30% of the group total.
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R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. Japan Sushiro Int’l Business Kyotaru Business Japan Sugidama*2 Actual Ratio*1 Actual Ratio*1 Actual Ratio*1 Actual Ratio*1 Revenue 63,224 63.8% 27,763 28.0% 6,152 6.2% 1,994 2.0% EBITDA 8,858 14.0% 5,408 19.5% 303 4.9% 152 7.5% Operating Profit 7,244 11.5% 3,920 14.1% 256 4.2% 105 5.3% Depreciation 4,281 ー 3,274 － 425 － 207 － Impairment － ー － － － － － － Revenue 66,893 61.3% 34,298 31.5% 5,771 5.3% 2,062 1.9% EBITDA 7,878 11.8% 7,425 21.7% 370 6.4% 115 5.7% Operating Profit 6,097 9.1% 5,855 17.1% 315 5.5% 59 2.9% Depreciation 4,529 － 3,563 － 426 － 236 － Impairment － － ▲9 － 2 － － － Revenue 69,913 60.2% 38,317 33.0% 5,625 4.9% 2,215 1.9% EBITDA 6,829 9.8% 8,378 21.9% 275 4.9% 247 11.1% Operating Profit 4,849 6.9% 6,378 16.6% 44 0.8% 92 4.2% Depreciation 4,638 ー 3,903 ー 421 ー 246 ー Impairment 96 ー 219 ー 177 ー 92 ー Revenue 65,873 62.9% 31,042 29.7% 5,877 5.6% 1,881 1.8% EBITDA 9,501 14.4% 6,276 20.2% 252 4.3% 78 4.2% Operating Profit 7,803 11.8% 4,186 13.5% 151 2.6% 14 2.6% Depreciation 4,392 ー 3,463 － 435 － 219 － Impairment 17 ー 488 － 48 － 15 － Q1 Q2 Q3 Q4 6 *1 : Ratio” in the above table : The “Ratio” of “Revenue” of each segment is the percentage in the consolidated revenue. The “Ratio” of “Operating Profit” and “EBITDA” of each segment is the percentage in the segment revenue. *2 : One of the reporting segments ‘Other Businesses’ has been renamed as ‘Japan Sugidama.’ And, this new segment ‘Japan Sugidama’ shown in above table only includes the results of Sugidama brand business in Japan. Financial Highlights, FY25/9(by segment, by quarter) （Millions, JPY）
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R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. 7 ▲0.1pt 0.4pt 0.2pt 1.1pt 0.0pt 0.0pt ▲0.2pt 0.5pt 6.5% 8.4% Operating Profit, FY25/9(YoY) Performance improvement of Int’l Business, especially of Mainland China FY24/9 COGS of Japan Sushiro FY25/9SG&A of Japan Sushiro Kyotaru Business SG&A of Int’l Business COGS of Int’l Business Japan Sugidama Business Other Income/ Expenses Parent Company, etc.
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R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. 8 *1 : 親会社の所有者に帰属する当期利益 ▲0.4pt 0.2pt 0.9pt ▲0.1pt 4.1% 5.3%0.5pt 0.3pt ▲0.2pt Japan Sushiro COGS ▲0.1pt Int’l Sushiro COGS 0.2pt Other Expenses 0.5pt (Mainly, the decrease in impairment Personnel Cost (part-timers 0.6pt Provision for Bonuses 0.3pt Depreciation 0.2pt Utilities 0.1pt Profit for the Year*1, FY25/9 (YoY) FY24/9 Non- controlling Interests FY25/9Taxes, etc.Finance Income/ Expenses COGS Personnel Costs Other Expenses (in SG&A) Other Income/ Expenses
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R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 244 G: 67 B: 54 #F44336 R: 204 G: 255 B: 153 FLC Green R: 26 G: 27 B: 38 #1A2527 R: 47 G: 121 B: 180 FLC Blue R: 134 G: 173 B: 61 FLC Green R: 153 G: 204 B: 255 FLC Blue R: 244 G: 67 B: 54 #F44336 R: 191 G: 191 B: 191 #BFBFBF R: 124 G: 109 B: 90 #7C6D5A R: 255 G: 227 B: 139 #FFE38B 56,326 ▲ 24,066 ▲ 34,322 ▲ 2,533 74,656 [48,695] 290,499 [30,371] 365,154 80,843 [9,009] [75,514] 287,317 77,837 365,154 206,474 20.5% 0.9x 4.4x 9 BS・CF (Consolidated) FY24/9 FY25/9 Change FY24/9 FY25/9 Change PB Ratio Consolidated Statement of Financial Position Consolidated Statement of Cash Flows （Millions, JPY） Operating CF Investing CF Financing CF Increase/ decrease in cash and cash equivalents Consolidated Financial Position Assets : [Key Increase] Cash & Cash Equivalents, Tangible Fixed Assets Liab. : [Key Increase] Trade & Other Payables, Leases [Key Decrease] Corporate Bonds and Borrowings Equity : [Increase] Retained Earnings [Decrease] Dividends Consolidated Cash Flows Operating CF: 12.1 bil. JPY increase in Profit before Income Taxes, 50 bil JPY increase in Depreciation & Amo., The amount of decrease in Provisions for Bonuses has increased by 2.9 bil JPY, 57 bil JPY increase in corporate tax payment Investment CF: Continued to invest in Store Opening and Labor-Saving Equipment Devel. (of which, 39.7 % invested in int’l business) Financing CF: 24 bil JPY increase due to repayment of lease liabilities 7.5 bil. JPY cash outflow for Acquisition of Treasury Bonds KPIs Equity Ratio and NetDebt/EBITDA (LTM-EBITDA), both increased. ROE rose to 26.9% (FY25/9), up approx. 7pt YoY Liab. & Equity Assets Current assets [Cash and cash equivalents] Non-current assets [Goodwill] Equity Liab. Current liab. [Borrowings] Non-current liab. [Bonds, Borrowings] Net Debt / EBITDA Equity Ratio （Millions, JPY） 88,396 [58,822] 310,200 [30,371] 398,596 84,857 [4,009] [76,519] 297,694 100,902 398,596 212,837 24.0% 0.4x 9.1x 13,740 [10,127] 19,701 [-] 33,441 4,013 [▲5,000] [1,005] 10,377 23,064 33,441 6,363 +3.5% ▲0.5x 4.7x 64,429 ▲ 25,436 ▲ 29,235 10,127 8,103 ▲ 1,370 5,088 12,661
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R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. 10 Store Count, Group Total Restaurant Sushiro Japan 646 ＋13 659 Overseas 174 ＋53 227 Sugidama Japan 87 ＋8 95 Overseas 8 ▲1 7 Misaki / Misakimaru Japan 95 ▲8 87 Takeout Sushiro Japan 9 ▲1 8 Kyotaru Japan 98 ▲16 82 Multi-brand store Japan 20 ▲1 19 Other 18 ▲4 14 Total 1,155 ＋43 1,198 Increase/ DecreaseEnd-of-Term End-of-Term FY25FY24
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue FY25/9 Performance Review FY26/9 Forecast Masahiro Yamamoto President & CEO
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue 12 FY26 Strategic Framework • Continuing to expand int’l business with its revenue reaching 35% of the group total ✓ Expanding our stores to more areas/cities in Mainland China ✓ Entry to U.S. and Indonesian markets Results (as of FY25/end) • Domestic business : Remodeling and optimizing store portfolio ✓ Sushiro : Implementing auto-waiter system for evolving customer dining experience and for labor-saving ✓ Kyotaru : Closure of unprofitable stores / Enhancing brand power with strengthened products and organization ✓ Sugidama : Further improvement of store profitability via remodeling / Expansion with FC • Establishing a foundation for sustainable growth ✓ Building a foundation for sustainable use of marine resources through aquaculture and food tech ✓ Reducing food loss by leveraging supply chain management and AI ✓ Taking measures for SDGs (for protection of environment) ✓ Investing in human capital (expansion of training program, etc) ✓ Revenue of int’l business reached over 30% of the group total ✓ In Mainland China, the 1st Sushiro store opened in Suzhou (Dec.) and Hangzhou (Apr.) ✓ Sushiro in Indonesia has opened up to its 8th store, and in Malaysia, which is the 4th market in Southeast Asia, the first store opened in February. ✓ In the U.S., preparations for the opening of the first Sushiro store during FY26 are progressing. ✓ [Sushiro] ‘Digiro’ has been rolled out up to 123 stores. ✓ [Kyotaru] Continued to close unprofitable stores and open new stores on carefully selected locations [Misaki] The strong business performance continued, driven by initiatives to enhance the value proposition centered on flagship stores and the implementation of attractive campaigns. ✓ [Sugidama] Continuing our efforts to create stores that make customers want to "come again" by focusing on improving product and service quality. Store openings are also progressing smoothly, expanding the Sugidama’s store count to 95 (incl. 7 overseas stores). ✓ ‘Marineverse Ltd.’ started selling artificial yellowtail (hamachi) seedlings. ✓ Implementation of the procurement planning/demand forecasting system is being prepared at Kyotaru Co., Ltd. in Japan, as well as our businesses in Hong Kong and Taiwan. ✓ ‘Green Energy‘ installed in 5 stores (164 in total, out of 660 stores) *1 ✓ ‘Solar Panels‘ installed in 1 store (104 in total, out of 660 stores) *1 ✓ Expanding investment in human capital, including training and improving the work environment to support the diverse talent. *1 Japan Sushiro only, The number of stores are as of FY25/end. FY26 Medium-term Management Plan Key Initiatives and Results(Consolidated)
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue 13 FY26 Forecast Actual FY23 Actual FY24 Forecast FY26 Actual FY25 Revenue 301.7 bil, JPY 485.0 bil, JPY 361.1 bil, JPY 421.0 bil, JPY Operating Profit OP% 8.4%OP% 6.5%OP% 3.6% OP% 8.4% FY23-26 CAGR +17.1% FY23-26 CAGR +54.4% Medium-term Management Plan Medium-term Management Plan YoY +16.6% YoY +19.7%YoY +7.3% YoY +12.9% YoY +19.0% 429.6 bil, JPY FY25 Forecast OP% 8.3% 11.0 bil, JPY 40.5 bil, JPY 23.4 bil, JPY 36.1 bil, JPY 35.0 bil, JPY Actual FY23 Actual FY24 Forecast FY26 Actual FY25FY25 Forecast FY25/9 Performance Results and FY26/9 Forecast(Consolidated) ■Given the business environment both in and outside of Japan, as well as the Company's performance trends, we have set the management targets for FY26, the final year of the medium-term management plan, as follows. Operating Profit (consolidated) 40.5 bil. JPY Revenue (consolidated) 485.0 bil JPY OP Margin (consolidated) 8.4% Revenue Growth vs. FY25 12.9%
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Revenue 361.1 429.6 421.0 102.0% 470.0 485.0 +3.2% EBITDA 37.5 (10.4%) 52.1 (12.1%) 49.5 (11.8%) 105.2% 54.0 (11.5%) 59.5 (12.3%) +10.2% (+0.8pt) Operating Profit 23.3 (6.5%) 36.1 (8.4%) 35.0 (8.3%) 103.1% 33.5 (7.1%) 40.5 (8.4%) +20.9% (+1.3 pt) Profit for The Year*1 14.6 (4.1%) 22.9 (5.3%) 21.0 (5.0%) 109.2% 20.0 (4.3%) 24.0 (4.9%) +20.0% (+0.6 pt) EPS 127.46JPY 202.71JPY ー ー ー 211.91JPY +9.20JPY ROE 20.1% 26.9% ー ー ー 22.7% ▲4.2% Revenue LFL 114.2% 110.1% ー ー ー 105.0% ー New Store Openings 84stores 85stores ー ー ー 105~115stores ー COGS% 43.1% 43.0% ー ー ー 42.9% ▲0.1pt Personnel Cost % 27.6% 26.6% ー ー ー 27.0% +0.4pt Other in SG&A % 22.2% 21.9% ー ー ー 21.6% ▲0.3pt Other Income/Expenses% *6 ▲0.6% ▲0.1% ー ー ー ▲0.1% 0.0pt 14 FY24 FY25 FY26 Japan Sushiro （Billions, JPY） Forecast*2Actual Forecast*3 Change*5Actual % Achieved Forecast*4 ＊1: Profit for the Year Attributable to Owners of the Parent ＊2: FY25/9 forecast announced on August 6, 2025. ＊3: FY26/9 forecast announced on November 8, 2024. ＊4: FY26/9 forecast announced on November 7, 2025. ＊5: Growth rate (or the amount of change) compared against FY25 results. ＊6: [% of Other Income/Expenses] = [Other Income/Expenses] ÷ [Revenue (consolidated) ] FY25/9 Performance Results and FY26/9 Forecast(Consolidated) ■Given the business environment both in and outside of Japan, as well as the Company's performance trends, we have set the management targets for FY26, the final year of the medium-term management plan, as follows.
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue ◼ Domestic Investment The investment is primarily aimed at new store openings for domestic brands, and strengthening renovation investments, focusing on the installation of Digiro/AW equipment in existing Sushiro stores in Japan ◼ Int’l Investment We will continue to invest in new store openings through a careful selective approach. In addition, we will focus on expanding into new countries and regions, aggressively investing in further growth. FY23 Actual Domestic 53% Int’l 47% 15 ■With cash from operating activities and flexible financing as the primary funding sources, we plan to invest approx. 36.4 billion in the final year of FY26 Medium-term Management Plan, from the cash after dividends, with the view to strengthening domestic operations and expanding international business. Domestic Investment International Investment CAPEX 約 億円 FY24 Actual FY25 Actual Approx. Billion, JPY Approx. Billion, JPY Approx. Billion, JPY Approx. Billion, JPY Approx. Billion, JPY 23.0 Approx. Billion, JPY184 Approx. Billion, JPY 28.3 Approx. Billion, JPY 36.4 Approx. Billion, JPY Approx. Billion, JPY Approx. Billion, JPY Approx. Billion, JPY FY26 Plan FY26/9 CAPEXFY26/9 9.9 8.5 13.0 10.0 17.1 11.2 19.4 17.0
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R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. 0 5 10 15 20 25 30 35 Shareholder Benefits • We plan to raise the regular dividend (year-end dividend) for the fiscal year ending September 2025 by 7.5 JPY from the previous 27.5 JPY to 35.0 JPY per share. • We forecast the regular dividend (year-end dividend) for the fiscal year ending September 2026 to be 35.0 JPY per share. Dividends 16 • Shareholders receive discount coupons, usable at our stores in Japan, twice annually, based on the number of shares they own 2.5円 Commemorative Dividend 30.0JPY Per Share 22.5JPY Per Share 35.0JPY Per Share 35.0JPY Per Share FY26/9 Dividends and Shareholder Benefits FY23/9 (Actual) FY24/9 (Actual) FY25/9 (Plan) FY26/9 (Forecast) Regular Dividend JPY 22.5 Regular Dividend JPY 27.5 Regular Dividend JPY 35.0 Regular Dividend JPY 35.0 Number of shares held Number of shareholder benefit gifts Total of semi-annual gifts Holding period less than 3 yrs Holding period 3 yrs or longer 100～199 6 coupons (JPY 3,300) 10 coupons (JPY 5,500) 200～399 8 coupons (JPY 4,400) 12 coupons (JPY 6,600) 400～799 12 coupons (JPY 6,600) 16 coupons (JPY 8,800) 800～1999 24 coupons (JPY 13,200) 28 coupons (JPY 15,400) 2000 or more 60 coupons (JPY 33,000) 64 coupons (JPY 35,200) ※Please visit our website for the details.
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Kohei Nii Senior Executive Corporate Officer Japan Business (Sushiro) FY25/9 Performance Review FY26/9 Forecast
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Revenue EBITDA Operating Profit Store Count 238.2 27.8 21.4 646 254.2 29.0 21.9 655~657 104.6% 114.0% 119.0% - 285.0 36.5 28.1 670~675 7.4% 10.4% 8.1% +11~+16 265.9 33.0 26.0 659 FY24 FY25 FY26 Sushiro : FY25 Performance Results and FY26 Forecast Business KPIs Key Initiatives Sushiro • Updating customers’ dining experience： Further improving product quality / Investing in existing stores (CAPEX) / R&D Forecast*1Actual % Achieved Forecast*2 Change*3Actual(Billions, JPY) 18 *1: FY25/9 forecast announced on Nov 8, 2024 *2: FY26/9 Forecast announced on Nov 7, 2025 *3: FY26/9 forecast (announced on Nov 7, 2026) compared against the FY25/9 results
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R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. 117.2% 130.3%125.4%117.7% 104.0% 119.3% 108.1%107.0%115.2%107.5%109.2% 113.8%112.0% 108.0%100.3%108.1%106.7%109.2%114.7%118.9%114.5%110.2%114.8% 104.7% 169.9%166.7% 149.5%156.7% 171.9% 159.1% 149.6%151.5%158.8%164.5% 154.9%151.2%166.4%166.8% 143.2% 159.2%158.9%155.9% 146.2% 158.7%155.0%151.3% 160.3% 135.3% 98.9% 97.8% 102.9%103.0%108.5%100.9% 95.6% 94.1% 99.6% 100.6% 99.1% 100.5% 110.7%105.7%103.2%111.4%115.8%110.2%109.7%110.1%114.0%110.9%113.8%105.2% 0% 50% 100% 150% 200% 250% 300% -40% 10% 60% 110% 160% 210% 260% Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep FY25 [1H] 107.2% FY24 [1H] 118.7% [2H] 110.1% [Full Year] 114.2% [Ful Year] 110.1% [2H] 112.9% Sushiro 40th Anniversary Campaign Sushiro : Revenue Trend LFL Sushiro Brand [Store Count*1 659] Despite a high YoY hurdle due to strong results driven by the 40th-anniversary promotions of the previous fiscal year, Japan Sushiro landed on favorable results in FY25 (Revenue LFL*3 tracking at 107.2% for the first half, 112.9% for the second half, and 110.1% for the full year) by focusing on strengthening brand power and operational capabilities, and on continuous implementation of attractive promotional campaigns. Revenue LFL (vs. LY) *the 2nd axis used in graph Revenue LFL *3 (vs. Pre-COVID) TO＆D LFL *2 (vs. Pre-COVID) *1 : Store Count at FY25/end, *2 : TO&D = Takeout and Delivery *3 : The figures above are of the stores operated under Sushiro brand and located in Japan, and LFL are of the stores in Japan that are in the 15th month of operation or longer 19
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue ■ We promoted the development of products and campaigns that embody customer feedback, with a view to enhancing the dining experience at Sushiro by further evolving both deliciousness and enjoyment. We also implemented customer-appreciation initiatives to show our gratitude to our loyal customers, which were very well received by many customers. Collaboration with Popular Characters Enhancing the Fun of Dining Taste Comparison of Sushiro's Prized Flavors Products Developed Reflecting Customer Feedbacks Sushiro : Attractive Product and Campaigns to Drive Up Customer Traffic July 9, Wednesday ~ The highly requested collaboration with GODIVA, a globally recognized luxury chocolate brand, which many of Sushiro customers had requested as a dessert partnership, was realized under the project, ‘Embodying Customer’s Wish.’ July 23, Wednesday ~ During the summer holiday period from July to August, we conducted a collaboration with "HAPIDANBUI," a Sanrio character unit beloved across all generations, providing content that customers enjoy with their sushi. September 10, Wednesday ~ With the ‘Autumn Taste Comparison Festival,’ we held a campaign centered on Sushiro's prized tuna, featuring various comparative tasting plates - such as the three- piece wild squid selection - to stimulate the appetite for fall season. 20
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue 21 Sushiro : Store Expansion with ‘Small-sized Model’ ■ Japan Sushiro has launched a new store format in metropolitan areas near train stations. This new format is a smaller-sized model compared to the standard-size suburban model. This conveniently located ‘Small Box Model’ offers the same number of menu items as other existing model stores and its performance has been quite favorable. Going forward, in addition to the expansion with existing models, we would consider rolling out this Small-sized Model to further expand Sushiro business in domestic market. ‘Sushiro Hanshin Noda Eki’ (Opened on May 29, 2025) Sushiro Nakano Sakaue (Opened on Sep. 25, 2025) The store opened adjacent to JR Noda Station, which is next to Hanshin Noda Station on the Hanshin Main Line (with a combined average daily passengers of approx. 47,500 people in 2023). It is located immediately outside the ticket gate and has approximately two-thirds the seating capacity (2 lanes) of a standard suburban model store. The layout is primarily centered around four- person seating. (The store is equipped with Mini-Digiro.) The store opened within a commercial facility directly connected to Nakano- sakaue Station, which is served by both Tokyo Metro and Toei Subway (with a combined average daily passengers of approx. 73,200 people in 2024). The layout is centered around four-person seating, with approximately half the seating capacity (1.5 lanes) of a standard suburban model store. (The store is equipped with Mini-Digiro.)
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Japan Business (Kyotaru, Misaki, Sugidama) FY25/9 Performance Review FY26/9 Forecast Masahiro Yamamoto President & CEO
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue FY24 FY25 FY26 23.9 6.9 117 95 87 0.9 0.7 0.4 0.5 Kyotaru, Misaki, Sugidama Brands : FY25 Performance Results and FY26 Forecast Business KPIs Key Initiatives Kyotaru / Misaki Sugidama • [Kyotaru Brand] Improvement of profitability by closing unprofitable stores • [Misaki Brand] Enhancement of brand power and stabilization of profitability through reinforcing its product offer and organizational capabilities Store Count Kyotaru Misaki Sugidama (Billions, JPY) Revenue Kyotaru / Misaki Sugidama EBITDA Kyotaru / Misaki Sugidama Operating Profit Kyotaru / Misaki Sugidama Forecast*1Actual Forecast*2 Change*3Actual *1: FY25/9 forecast announced on Nov 8, 2024 *2: FY26/9 Forecast announced on Nov 7, 2025 *3: FY26/9 forecast (announced on Nov 7, 2026) compared against the FY25/9 results *4: This store count (102) includes 7 overseas stores. Financial results of these 7 overseas stores are included in Int’l Sushiro Business segment. % Achieved • Strengthening the differentiation and further improvement of its profitability through reinforcing its product offer and organizational capabilities • Reinforcing expansion efforts both directly-managed and franchise channels 23.5 99.7% 21.0 ▲10.5%23.4 8.8 92.6% 9.0 9.3%8.2 114~116 - 75~80 ▲20~▲25100 90~92 - 80~85 ▲2~▲787 100~106 - 107~117*4 +5~+15102*4 1.0 120.1% 1.3 4.6%1.2 0.6 98.7% 1.0 62.1%0.6 0.7 109.4% 1.0 28.8%0.8 0.4 73.1% 0.6 110.8%0.3 23
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R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. The Sugidama brand creates unique and attractive products distinct to a sushi izakaya (tavern) concept, maximizing the group's procurement synergies. In addition to a robust standard menu, Sugidama carried out promotions using Sugidama’s unique products which garnered high customer praise. To increase recognition and usage among a wider customer base, Sugidama enhanced its marketing efforts while simultaneously pursuing expansion through both directly-managed and franchised (FC) stores, growing the network to 95 domestic locations by the end of FY25. Sugidama Brand [Store Count *4 102] Kyotaru Brand [Store Count *1*2 100] We introduced various measures and products (such as special bento box packed with all the deliciousness of Kyotaru for occasions like Respect for the Aged Day) to allow a greater number of customers to enjoy our offers. Furthermore, we continued to strengthen our out-of-store sales and close unprofitable stores, successfully improving profitability for the Kyotaru brand business. Misaki Brand [Store Count *1 87] We focused on enhancing brand power and operational capabilities while simultaneously working to improve customer experience value. In addition, we continued to close unprofitable stores, aiming for further stabilization of profitability of the brand. As part of these activities, we rolled out various initiatives to enhance the dining experience, such as holding an event during the "Midsummer Sushi Festival" in August where customers guessed the total number of dishes sold for Bluefin Tuna and Blackthroat Seaperch. Full-year revenue LFL trended favorably, marking 105.3%*3. Profitability of this brand’s business also improved compared to the previous fiscal year. Kyotaru, Misaki and Sugidama Brands 24 *1: Store Count as of the end of September 2025 *2: Store Count includes Multi-brand stores *3: The sales compared against the sales of 364 days ago (adjusted for day-of-the week) *4: This store count (102) is as of the end of FY25 and includes 7 overseas stores. Financial results of these 7 overseas stores are included in Int’l Sushiro Business segment.
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue International Business FY25/9 Performance Review FY26/9 Forecast Hiromitsu Kato Executive Vice President, Corporate Officer
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue 26 Revenue EBITDA Operating Profit Store Count 92.1 16.1 9.9 182 FY24 FY25 FY26 Int’l Business Business KPIs Key Initiatives (Billions, JPY) Sushiro : FY25 Performance Results and FY26 Forecast • We aim for further growth by achieving a highest pace of new store expansion. • We aim to establish a strong structure to support sustained growth by enhancing the stability of quality, implementing promotional & marketing activities on par with those of Japan Sushiro, and improving human resource development. Forecast*1Actual Forecast*2 Change*3Actual % Achieved 121.5 19.2 12.5 240~250 108.2% 143.2% 162.7% - 170.0 34.9 24.2 300~320 29.4% 27.0% 18.8% +66~+86 131.4 27.5 20.3 234 *1: FY25/9 forecast announced on Nov 8, 2024 *2: FY26/9 Forecast announced on Nov 7, 2025 *3: FY26/9 forecast (announced on Nov 7, 2026) compared against the FY25/9 results
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R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. GLOBAL 27 FY25通期の 振り返りコメント East Asia・ Southeast Asia U.S. Greater China Business Environment & Results • Hong Kong, Taiwan：will continue to open new stores and strive to maintain strong business performance. • Mainland China： The business in mainland China significantly expanded its performance across all cities, with numerous stores setting new record highs for daily sales. The first store in Hangzhou opened in April 2025. • Korea： In South Korea, performance remained solid despite the continued impact of domestic conditions. • Thailand： In Thailand, the store network was expanded by advancing store openings in regional areas outside the metropolitan area, including the first store opening in Chiang Mai in the north. • Singapore： In Singapore, a "Digiro" store (the first in Southeast Asia) opened in June at the Singapore’s best wildlife resort "Mandai Wildlife Reserve." The number of stores expanded to 16 by the end of FY25. The business in Singapore is transitioning from a growth phase into steady expansion phase. • Indonesia： In Indonesia, we opened four new stores in FY25, quickly expanding the total to eight stores since the opening of the first store in FY24. Profitability is also improving, and the business performance is steadily growing. • Malaysia： The 1st store opened in February 2025 and has performed well. • U.S. (Boston) ：At the sushi izakaya tavern "Sakabayashi" in Boston, the efforts to enhance products and services, coupled with exposure in local media and participation in major events, have been successful, resulting in very strong business performance. North America Asia *1 *1 *1 : ‘Greater China’ includes Mainland China, Honk Kong, Taiwan ‘East Asia & Southeast Asia’ includes Korea, Singapore, Thailand, Indonesia, Malaysia Sushiro : [ 2H / FY25] Strong performance of Mainland China business contributed to the growth of the overall int’l business
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R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. GLOBAL 28 FY26 来期の 取り組みポイントSushiro : [ FY26 & Beyond] We will accelerate the pace of store openings in existing areas, strengthen human resource development and build a robust structure to support sustainable growth. Initiatives • We will continue to achieve sustainable growth through ongoing aggressive store openings and further strengthening of our product competitiveness. • In mainland China, we will expand our store network by extending our operating area to Shanghai. • A sushi tavern in Boston will continue to work on enhancing its brand value. • Planning to open the 1st Sushiro model store in the U.S. • We will continue with aggressive store openings to enhance brand recognition and deepen brand penetration. • We will establish a competitive advantage through strengthening product appeal and strategic marketing. East Asia・ Southeast Asia U.S. Greater China North America Asia
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Shanghai Dragon’ Dream Global Harbor Sushiro Shanghai Global Harbor Sushiro Zhongshan Park Cloud Nine ◼ Two Sushiro stores to open on the same day of December, both in large shopping malls (‘Global Harbor’ and ‘CLOUD NINE SHOPPING MALL’ in Shanghai, Mainland China 29 Sushiro : The Entry to Shanghai Market – Opening Stores in December 2025
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue 25 38 56 100 129 13 21 31 35 52 1 1 0 100 200 300 FY20 FY21 FY22 FY23 FY24 FY25 FY26 160 210~222 73 90~98 2 30 ＜FY25‐26＞ 全体234-316 US：1-2 東南アジア：73‐96 中華圏：160‐218 FY24 (Actual) FY26 (Forecast) FY22 (Actual) FY20 (Actual) FY21 (Actual) FY23 (Actual) FY25 (Actual) 38 stores 59 stores 87 stores 135 stores 182 stores 234 stores 300~320 stores North America East Asia / Southeast Asia Greater China Sushiro : Store Count (Int’l) ◼ In FY26, the final year of the Medium-term Management Plan, we aim to achieve 300 to 320 stores by realizing the record pace of new store openings.
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Closing Remarks Masahiro Yamamoto President & CEO
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue FY23 FY26 Mid-term Plan FY35 Vision FY23 FY24 – FY26 32 Revenue OP OP Margin 301.7 bil. JPY 11.0 bil. JPY 3.6 % Revenue EBITDA OP OP Margin 485.0 bil. JPY 59.5 bil. JPY 40.5 bil. JPY 8.4 % FY26 Medium-term Management Plan and FY35 Vision Discovering new tastiness, Sharing moments of joy. Revenue OP Margin ROE Int’l Sales Ratio over 1 tri. 10 % over 20 % 55 % ◼ In pursuit of the FY35 Vision, we will focus on two key initiatives : accelerating global expansion and establishing a resilient business platform to navigate shifts in the external landscape with a view to driving sustainable growth. JPY
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Q & A
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Copyright © FOOD & LIFE COMPANIES LTD. All rights reserved. Strictly private & Confidential. R: 169 G: 21 B: 26 Sushiro Red R: 255 G: 153 B: 153 Title Red R: 128 G: 0 B: 0 Tombstone Red R: 134 G: 173 B: 61 FLC Green R: 204 G: 255 B: 153 Title Green R: 0 G: 128 B: 0 Tombstone Green R: 47 G: 121 B: 180 FLC Blue R: 153 G: 204 B: 255 Title Blue R: 0 G: 0 B: 128 Tombstone Blue Disclaimer The information in this document is intended only for the purpose of providing information on FOOD & LIFE COMPANIES LTD. (the “Company”). It does not constitute solicitation to purchase shares or any other investment securities issued by the Company, within the jurisdictions of Japan, United States and other countries. The Company makes no warranties regarding the fairness, authenticity, accuracy, comprehensiveness and reasonableness of the opinions and information in this document. Furthermore, the Company shall bear no liability whatsoever, for any reason whatsoever, for losses or damages resulting from the use of this document, the use of information included in this document or any other activity involving this document. Information, in this document, on the Company’s plans, estimates, forecasts, and expectations, and all other information concerning the future maychange significantly without prior notice. Among the information in this document, any plan, estimation, prediction, expectation or other forward-looking information relating to the Company is based on the Company’s assumptions and beliefs derived from the information available to it as of the date on which this document is made and is not an assurance or guarantee that such plan will be implemented or results will be achieved as projected. Factors such as economic conditions, market trends in the food industry, shifts in customer preferences and fluctuations in the price of raw materials may cause the actual operating results, financial position and other results of the Company to differ materially from those discussed in the information of this document or inferences made therefrom.