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Securities Code 9279 The opinions and forecasts contained in these materials reflect the judgments of GIFT HOLDINGS INC. (the “Company”) as of the date of preparation and do not guarantee the accuracy of the information herein. Actual performance and results may differ materially due to various factors. GIFT HOLDINGS INC. Financial Results Briefing Materials for the Nine Months Ended July 31, 2026 第1弾
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© G I F T H O L D I N G S I N C .｜ 1 Table of Contents CHAPTER 01 Financial Highlights for the Nine Months Ended July 31, 2026 CHAPTER 02 Financial Results Overview for the Nine Months Ended July 31, 2026 CHAPTER 03 FY10/2026 Forecast CHAPTER 04 Medium-term Business Plan (FY10/2026–FY10/2028) CHAPTER 05 Appendix 第2弾
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© G I F T H O L D I N G S I N C .｜ 2 Financial Highlights for the Nine Months Ended July 31, 2026 CHAPTER 01 第1弾
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© G I F T H O L D I N G S I N C .｜ 3 Financial Summary 01 Financial Highlights for the Nine Months Ended July 31, 2026 YoY change: +23.6% Net sales Operating profit Ordinary profit ¥32,270 million ¥3,718 million ¥3,719 million YoY change: + 56.5% YoY change: +56.4% Financial overview Strong performance of domestic existing stores Solid existing company-owned stores sales in Japan at 103.0% of prior-year level, supported in part by extended operating hours at some stores Improved gross profit margin Gross profit margin improvement driven by higher production efficiency from increased production volume following store expansion and lower raw material costs through optimized procurement As in H1, strong existing store sales driven by improved QSCA (Quality, Service, Cleanliness, Atmosphere) and extended operating hours; gross profit margin improvement from optimized food procurement and higher production efficiency; sustained higher operating margin 9M results significantly exceeded prior-year results. The full-year forecast revised to reflect Q3 outperformance (disclosed on August 24). Solid performance expected for Q4; H2 plan unchanged in light of potential upfront investments 第2弾
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© G I F T H O L D I N G S I N C .｜ 4 23.6% (Full-year target: 20.0%) 11.5% (Full-year target: 10.0%) Net sales growth Operating margin Growth and profitability 123.7% All company-owned stores in Japan Existing company-owned stores in Japan Net sales (YoY) All business days Ex. renovated stores 115.7% All produced stores in Japan Existing produced stores in Japan 102.5%103.0% (Full-year target: 102.5%) 103.9% (Full-year target: 105.0%) 38 stores (Full-year target: 65stores) Net +19 stores (Full-year target: net+54 stores) Company-owned & JV stores Produced & franchise stores Store opened Net sales per labor hour Labor cost ratio Labor-hour productivity 14.3% (9M FY10/25: 12.1%) Employee hires Turnover rate Recruitment and turnover Consolidated Company-owned stores ¥6,956 (9M FY10/25: ¥6,732) ¥7,129 (9M FY10/25: ¥6,686) Consolidated Company-owned stores 23.2% (9M FY10/25: 23.4%) 26.2% (9M FY10/25: 26.7%) 23.7％ Industry avg.* 116 68 20 Mid-career hires New graduates Global No. of employees 855 * Source: Summary of 2025 Employment Trends Survey Results (Ministry of Health, Labour and Welfare) Financial Highlights for the Nine Months Ended July 31, 2026 01 Financial Highlights for the Nine Months Ended July 31, 2026 第2弾
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© G I F T H O L D I N G S I N C .｜ 5 Quarterly Progress vs. FY10/2026 Full-Year Forecast • FY10/2026 full-year consolidated forecast revised upward to reflect outperformance vs. plan Q1 Q2 Q3 Q4 Initial plan Results / forecast FY10/2026 quarterly operating profit results and forecast Outperformance vs. plan driven by lower food costs from improved production efficiency and controlled SG&A expenses Outperformance vs. plan both in Q2 and Q3, supported by existing-store sales growth driven by extended operating hours and continued QSCA improvement, as well as lower food costs 01 Financial Highlights for the Nine Months Ended July 31, 2026 Plan unchanged despite performance remaining solid through Q3; reflecting potential upfront investments 第2弾
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© G I F T H O L D I N G S I N C .｜ 6 Operating Profit Change (Q3 / 3 Months / YoY) • Significant YoY profit increase from higher customer traffic at existing stores and contribution from newly opened stores Q3 FY10/2025 operating profit results (Millions of yen) * Newly opened stores: stores within 4–15 months of opening 42 48 86 173 31 -100 -19 -29 828 17 1,078 YoY change +30.2% Higher avg. spend per customer at existing stores Lower existing- store operating costs Impact from higher existing- store customer traffic Newly opened stores* Produced store business impact Higher corporate expenses International business Higher new-store opening costs Fewer renovation closures Q3 FY10/2026 operating profit results 828 1,078 01 Financial Highlights for the Nine Months Ended July 31, 2026 第1弾 第2弾
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© G I F T H O L D I N G S I N C .｜ 7 International Store Performance • Profitability improving at international company-owned stores 01 Financial Highlights for the Nine Months Ended July 31, 2026 Switzerland JV stores 2 stores as of July 31, 2026 • Strong sales driven by higher average spend per customer reflecting Switzerland’s higher price levels • Strong start at second store, opened at end of June; profit contribution from Q4 onward Sustained stable profitability Upfront store-opening costs; per-store profitability improving • All stores located in shopping malls; market with established noodle culture similar to Japan; enabling successful replication of company-owned store model in Japan; strong sales • Excluding store-opening costs, improved store profitability and store expansion led to store profits growing to cover headquarters costs • Opened 4 stores in FY10/2026; continued store openings to capture procurement scale benefits and cover store-opening and headquarters costs New Jersey store struggles; New York No. 3 Store performing steadily • New Jersey store: Higher tipping rate following transition from self-service to restaurant format; lower make-up payments; reduced labor cost burden; Sales lack momentum * In New Jersey, if an employee’s total earnings, including tips, does not meet the state minimum wage, employers are required to make up the difference. China company-owned stores 7 stores as of July 31, 2026 U.S. company-owned stores 3 stores as of July 31, 2026 Canada company-owned store 1 store as of July 31, 2026 Only pre-opening costs recognized in Q3 • Taking time for sales to gain momentum; promoting to increase local awareness and improve store operations 第3弾
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© G I F T H O L D I N G S I N C .｜ 8 Added to FTSE Russell ESG-Related Indices 01 Financial Highlights for the Nine Months Ended July 31, 2026 Selection of Japanese companies with strong ESG performance Designed to measure the performance of Japanese companies implementing outstanding initiatives in each ESG category Provide broad investment opportunities Widely utilized as criteria for structuring and evaluating sustainable investment funds and other financial products Used as GPIF's ESG investment benchmark Also used as the ESG investment benchmark by the Government Pension Investment Fund (GPIF), which manages Japan’s public pension funds ESG investment indices developed by FTSE Russell, a global index provider 第1弾 • Simultaneously selected for both FTSE JPX Blossom Japan Index and FTSE JPX Blossom Japan Sector Relative Index 第2弾
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© G I F T H O L D I N G S I N C .｜ 9 International Expansion • Store expansion led by company-owned stores in major food service markets across North America, China, and Europe • Franchise-led expansion in Asia, ex. China Total international stores 47 stores (+11 vs. FY10/25-end) Company-owned stores: Franchise stores: Produced stores: As of Jul. 31, 2026 vs. FY10/25 -end U.S. 1 store – Malaysia 0 stores -2 Philippines 1 store -1 Taiwan 5 stores – Hong Kong 1 store – Thailand 0 stores -1 Vietnam 1 store – As of Jul. 31, 2026 vs. FY10/25 -end U.S. 1 store +1 Thailand 1 store – Vietnam 6 stores +2 Cambodia 3 stores +1 Philippines 4 stores – South Korea 4 stores +2 Hong Kong 2 stores – Mongolia 2 stores +1 Australia 1 store +1 Canada 1 store +1 As of Jul. 31, 2026 vs. FY10/25- end U.S. 3 stores – China 7 stores +4 Canada 1 store +1 11 stores (+5) 25 stores (+9) 9 stores (-4) JV stores: As of Jul. 31, 2026 vs. FY10/25- end Switzerland 2 stores +1 2 stores (+1) 01 Financial Highlights for the Nine Months Ended July 31, 2026 第2弾
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© G I F T H O L D I N G S I N C .｜ 10 Impact of Renovation Closures and New Stores on Operating Profit in the Japan Market • Positive YoY contribution from renovation closures to operating profit from Q2 FY10/2025 onward • Induction heater installation largely scheduled for completion this fiscal year, excluding stores with power supply or building constrains Q1 Q2 Q3 Q4 Total Impact on operating profit FY10/2024 Months of renovation closures (No. of stores) 1.9 mos. (1 store) 8.0 mos. (4 stores) 17.7 mos. (13 stores) 7.1 mos. (5 stores) 34.7 mos. (23 stores) Full-year -¥147 million YoY: -¥98 million New stores 6 stores 8 stores 12 stores 16 stores 42 stores Full-year -¥345 million YoY: -¥137 million FY10/2025 Months of renovation closures (No. of stores) 5.6 mos. (3 stores) 5.1 mos. (5 stores) 3.6 mos. (1 store) 0.1 mos. (1 store) 14.6 mos. (10 stores) Full-year -¥63 million YoY: +¥83 million New stores 10 stores 11 stores 14 stores 19 stores 54 stores Full-year -¥443 million YoY: -¥98 million FY10/2026 (Q1–Q3 results; Q4 forecast) Months of renovation closures (No. of stores) 0.2 mos. (1 store) 1.1 mos. (1 store) 0 mos. (0 stores) ---TBD--- 10.5 mos. (10 stores) Full-year (forecast) -¥45 million YoY: +¥17 million New stores 8 stores 9 stores 21 stores ---TBD--- 65 stores Full-year (forecast) -¥533 million YoY: -¥90 million * Impact of new stores on operating profit = new-store opening costs * * * Renovation: induction heater installation for consistent soup quality; improved operating efficiency through latest store layout 01 Financial Highlights for the Nine Months Ended July 31, 2026 第1弾第1弾 第2弾
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© G I F T H O L D I N G S I N C .｜ 11 • Year-end dividend forecast revised upward based on progress through Q3 and revised full-year forecast • Year-end dividend forecast for FY10/2026 increased by ¥1.5, from ¥6.5 to ¥8.0 • Annual dividend planned at ¥14.5, including interim dividend of ¥6.5 Payout ratio 20.1% – 19.2% * Dividend per share figures adjusted retrospectively to reflect the 2-for-1 common stock split on September 1, 2026 5.5 6.5 6.5 5.5 6.5 8.0 11.0 13.0 14.5 FY10/2025 FY10/2026 (Previous forecast) FY10/2026 (Revised forecast) Interim Year-end Dividend amount (Yen per share) 01 Financial Highlights for the Nine Months Ended July 31, 2026 Year-end +¥1.5 Revised Year-End Dividend Forecast (Increase) 第2弾
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© G I F T H O L D I N G S I N C .｜ 12 Financial Results Overview for the Nine Months Ended July 31, 2026 CHAPTER 02 第1弾 第2弾
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© G I F T H O L D I N G S I N C .｜ 13 Statement of Income Nine months ended July 31, 2025 Nine months ended July 31, 2026 vs. forecast revised on August 24 (Millions of yen) Amount % of sales Amount % of sales YoY change Forecast revised on August 24 Progress (%) Net sales 26,113 – 32,270 – +23.6% 43,900 73.5% Cost of sales 8,706 33.3% 10,346 32.1% +18.8% – – Gross profit 17,406 66.7% 21,924 67.9% +26.0% – – SG&A expenses 15,030 57.6% 18,205 56.4% +21.1% – – Operating profit 2,375 9.1% 3,718 11.5% +56.5% 5,000 74.4% Ordinary profit 2,378 9.1% 3,719 11.5% +56.4% 4,970 74.8% Quarterly profit attributable to owners of parent 1,575 6.0% 2,457 7.6% +55.9% 3,020 81.4% 02 Financial Results Overview for the Nine Months Ended July 31, 2026 第1弾 第2弾
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© G I F T H O L D I N G S I N C .｜ 14 Progress vs. Full-Year Forecast 73.5% 74.4% 74.8% 81.4% 0.0% 25.0% 50.0% 75.0% 100.0% Net sales Operating profit Ordinary profit Profit ¥43,900 million ¥5,000 million ¥4,970 million ¥3,020 million ¥32,270 million ¥3,718 million ¥3,719 million ¥2,457 million forecast revised on August 24 02 Financial Results Overview for the Nine Months Ended July 31, 2026 第1弾 第2弾
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© G I F T H O L D I N G S I N C .｜ 15 3,990 3,900 4,329 4,794 5,206 5,522 5,903 6,350 6,810 6,741 7,039 7,881 8,504 8,691 8,917 9,764 10,642 10,596 11,031 469 303 349 449 533 487 577 754 908 636 519 844 774 772 828 991 1,434 1,205 1,078 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Quarterly Net Sales and Operating Profit Trends FY10/2022 FY10/2023 FY10/2024 FY10/2025 FY10/2026 Q3 Q3 Q3 Q3 Q3 Net sales Operating profit Operating margin (Millions of yen) (Millions of yen) 02 Financial Results Overview for the Nine Months Ended July 31, 2026 第1弾 11.8% 7.8% 8.1% 9.4% 10.2% 8.8% 9.8% 11.8% 13.3% 9.4% 7.4% 10.7% 9.1% 8.9% 9.3% 10.2% 13.5% 11.4% 9.8% • The seasonal trend in profit margin is highest in Q1, remains at the same level in Q2 and Q4 , and is lowest in Q3 第3弾
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© G I F T H O L D I N G S I N C .｜ 16 Store Openings 227 279 316 9 8 8 554 583 591 20 31 42 As of Oct. 31, 2024 As of Oct. 31, 2025 As of Jul. 31, 2026 810 901 957 Company- owned & JV stores Outsourced stores Produced stores Franchise stores 02 Financial Results Overview for the Nine Months Ended July 31, 2026 +56 stores vs. FY10/25-end, driven by continued store openings As of Oct. 31, 2025 As of Jul. 31, 2026 Produced stores Franchise stores Outsourced stores Company-owned & JV stores Total stores 583 stores 31 stores 8 stores 279 stores 591 stores 42 stores 8 stores 316 stores ≫≫≫ ≫≫≫ ≫≫≫ ≫≫≫ 957 stores≫≫≫901 stores 第1弾 第2弾
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© G I F T H O L D I N G S I N C .｜ 17 Average Sales per Existing Company-owned Store in Japan • Average monthly sales of company-owned stores in Japan trending upward through continued improvements in store QSCA FY10/2022 FY10/2023 FY10/2024 FY10/2025 FY10/2026 11 12 １ ２ 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 Average monthly existing store sales UP 38% 02 Financial Results Overview for the Nine Months Ended July 31, 2026 第1弾 第2弾
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© G I F T H O L D I N G S I N C .｜ 18 Recruitment Progress • Proactive hiring and retention efforts; steady progress in store openings New graduates (Joined in April 2026) 6 Mid-career hires 13 Total 19 (Q3 FY10/2026 results) (Joining in 2027) Overseas 8 Part-time-to-regular employee promotion Local hiring overseas ⚫ Securing job-ready talent ⚫ Reducing hiring mismatches ⚫ Long-term retention and career development POINT Diverse talent acquisition, including global talent POINT 02 Financial Results Overview for the Nine Months Ended July 31, 2026 第1弾 第2弾
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© G I F T H O L D I N G S I N C .｜ 19 FY10/2026 Forecast CHAPTER 03 第1弾
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© G I F T H O L D I N G S I N C .｜ 20 Upward Revision to FY10/2026 Full-Year Forecast • Further upward revision to FY10/2026 full-year forecast in light of current business environment (Millions of yen) FY10/2025 results FY10/2026 initial forecast (December 15, 2025) Revised FY10/2026 forecast (March 16, 2026) Revised FY10/2026 forecast (June 15, 2026) Revised FY10/2026 forecast (August 24, 2026) Change vs. initial forecast (%) Amount % of sales Amount % of sales Amount % of sales Amount % of sales Amount % of sales Net sales 35,878 – 43,000 – 43,000 – 43,900 – 43,900 – +2.1% Operating profit 3,367 9.4% 4,300 10.0% 4,400 10.2% 4,800 10.9% 5,000 11.4% +16.3% Ordinary profit 3,374 9.4% 4,260 9.9% 4,360 10.1% 4,770 10.9% 4,970 11.3% +16.7% Profit attributable to owners of parent 2,185 6.1% 2,550 5.9% 2,610 6.1% 2,880 6.6% 3,020 6.9% +18.4% 03 FY10/2026 Forecast 第1弾 第2弾
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© G I F T H O L D I N G S I N C .｜ 21 FY10/2026 Full-Year Forecast Assumptions 03 FY10/2026 Forecast • YoY existing company-owned store sales assumptions: higher customer traffic from extended operating hours, full-year contribution from January and March 2025 price revisions, and impact of December 2025 price revision Existing store sales Company-owned stores Produced stores 102.5% 105.0% (Customer traffic: 101.0%; avg. spend per customer: 101.5%) Planned store openings Company-owned & JV stores Produced and franchise stores 60 stores in Japan 5 stores overseas 40 stores in Japan 14 stores overseas Net +64 stores Net +54 stores 2Qから変更なし 第1弾（日本語箇所、レイアウト調整） 第2弾（レイアウト 調整） ２Qと同様
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© G I F T H O L D I N G S I N C .｜ 22 89 114 140 161 188 227 279 343 6 8 10 10 9 9 8 8 367 410 468 511 548 574 614 668 462 532 618 682 745 810 901 1,019Franchised & produced stores Outsourced stores Company-owned & JV stores Planned Store Openings Globally Company-owned & JV: +64 stores Produced & franchise: +54 stores 1,019 Planning +118 stores YoY 2019 2026 (Plan) No. of stores as of October 31, 2026 (planned) Number of stores 03 FY10/2026 Forecast 2Qから変更なし stores 第1弾（日本語箇所、レイアウト調整） 第2弾（レイアウト 調整） ２Qと同様
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© G I F T H O L D I N G S I N C .｜ 23 Shareholder Returns Payout ratio 28.0% 88.0% 18.5% 17.5% 20.6% 19.2% 20.1% 19.2% * Dividend per share figures above adjusted retrospectively to reflect 2-for-1 common stock splits on March 19, 2020, August 1, 2023, and September 1, 2026. 3.1 2.5 5.0 3.0 3.7 4.5 5.5 6.50.6 3.7 4.5 4.5 5.5 8.0 3.7 2.5 5.0 6.7 8.2 9.0 11.0 14.5 FY10/2019 FY10/2020 FY10/2021 FY10/2022 FY10/2023 FY10/2024 FY10/2025 FY10/2026 (Forecast) Commemorative dividend Interim Year-end Dividend amount (Yen per share) 03 FY10/2026 Forecast 第2弾 • Consecutive dividend increases driven by earnings growth • FY10/2026 annual dividend planned at ¥14.5, with interim dividend of ¥6.5 and year-end dividend of ¥8.0 • Targeting payout ratio of 20.0% or higher
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© G I F T H O L D I N G S I N C .｜ 24 Medium-term Business Plan CHAPTER 04 第1弾 第2弾
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© G I F T H O L D I N G S I N C .｜ 25 Strengthening international business on foundation of stable domestic business growth Medium- to Long-Term Targets • Aiming to be a global leader in delivering the world’s best ramen through organic growth in domestic business and proactive expansion of international business, targeting 50% share of global ramen market over medium to long term Net sales ¥35.8 bn Operating profit ¥3.3 bn No. of stores 901 stores Net sales ¥63.0 bn Operating profit ¥6.3 bn No. of stores 1,316 stores Aiming to be a “global leader in delivering the world’s best ramen” FY10/2025 Medium-term Business Plan FY10/2026–FY10/2028 Medium- to long-term targets Overseas ramen market Market share target 50% Market share target 50% Japanese ramen market International business Domestic Business Estimated market size ¥800 billion 04 Medium-term Business Plan 第1弾（日本語箇所、レイアウト調整） 第2弾（レイアウト 調整） 2Qから変更なし２Qと同様
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© G I F T H O L D I N G S I N C .｜ 26 Investments International Expansion • Leveraging revenue and know-how from domestic business to expand international business; steady international expansion Domestic business International business Revenue and know-how from domestic business Steady international expansion ❶ Establishing successful store models ❷ Expanding across various location types ❸ Accelerating store openings 04 Medium-term Business Plan 第1弾（日本語箇所、レイアウト調整） 第2弾（レイアウト 調整） 2Qから変更なし２Qと同様
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© G I F T H O L D I N G S I N C .｜ 27 Basic Strategy: Vision and Strategic Direction bn¥63.0 Net sales bn¥6.3 Operating profit Business expansion and reinforced operating structure FY10/2028 Targets Digital Transformation (DX) 04 Medium-term Business Plan 第1弾（日本語箇所、レイアウト調整） 第2弾（レイアウト 調整） 2Qから変更なし２Qと同様
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© G I F T H O L D I N G S I N C .｜ 28 KPIs • Continuing to target 20%+ growth and 10%+ operating margin through organic growth in domestic business KPI Target Growth 1. Revenue growth 20%+ Profitability 2. Operating margin 10%+ Capital efficiency 3. ROE (net profit) 20%+ Shareholder returns 4. Dividend payout ratio 20%+ 04 Medium-term Business Plan 第1弾（日本語箇所、レイアウト調整） 第2弾（レイアウト 調整） 2Qから変更なし２Qと同様
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© G I F T H O L D I N G S I N C .｜ 29 Medium-term Business Plan (FY10/2026–FY10/2028) • The Medium-term Business Plan is rolled over and updated to a new three-year plan when full-year results are announced • Only the plan for FY10/2026 is revised this time; plans for FY10/2027 and beyond are to be reviewed in the next rolling update 2025 2026 2027 2028 Net sales 35.8 43.9 52.0 63.0 Operating profit 3.3 5.0 5.2 6.3 No. of stores in Japan 865 964 1,074 1,194 Company-owned stores 280 339 409 489 Franchise & produced stores 585 625 665 705 No. of international stores 36 55 82 122 Company-owned & JV stores 7 12 20 36 Franchise & produced stores 29 43 62 86 Total 901 1,019 1,156 1,316 Company-owned & JV stores 287 351 429 525 Franchise & produced stores 614 668 727 791 * FY10/2027 and FY10/2028 plans based on existing-store sales at 100% of prior-year level 04 Medium-term Business Plan 第3弾 (Billions of yen) (Stores)
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© G I F T H O L D I N G S I N C .｜ 30 Medium-term Business Plan Key themes Initiative overview Existing business expansion (1) Improved quality per store (2) Extended operating hours (incl. 24-hour operation trial) Recruitment (3) Enhanced hiring (4) Measures to reduce turnover Enhanced store development (5) Expanding store opening potential of existing formats through new store model development (6) Expanding store opening potential through M&A and in-house developed new formats International expansion (7) Global talent hiring and development (8) Building food supply system Enhanced production system (9) Production cost reduction (10) Improved production quality (11) Maintaining stable supply framework Enhanced procurement and logistics system (12) Logistics cost optimization (13) Improved delivery frequency and quality (365-day next-day delivery) (14) Advancing simplification and standardization through automated ordering (15) Improved food quality and cost reduction through procurement scale expansion DX (16) Building AI-driven management system Sustainability (17) Driving sustainability management and enhanced disclosure PICK UP NEW NEW PICK UP 04 Medium-term Business Plan 第1弾（日本語箇所、レイアウト調整） 第2弾（レイアウト 調整） 2Qから変更なし２Qと同様
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© G I F T H O L D I N G S I N C .｜ 31 Medium-term Business Plan ■ Enhanced hiring ✓ Head office relocation impact assessment; enhanced part-time-to- regular employee promotion; enhanced hiring of foreign talent PICK UP Recruitment Talent acquisition and retention initiatives ■ Measures to reduce turnover ✓ Higher wages; improved in-store working environment; improved overtime policies ■ Enhanced training system ✓ Enhanced training system for foreign talent ■ Review of store operating structure ✓ Review of employee headcount per store 04 Medium-term Business Plan 第1弾（日本語箇所、レイアウト調整） 第2弾（レイアウト 調整） 2Qから変更なし２Qと同様
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© G I F T H O L D I N G S I N C .｜ 32 Improved delivery frequency and quality (365-day next-day delivery) Enhanced procurement and logistics system Improving delivery efficiency through store expansion Store network expansion Procurement scale expansion Improved delivery efficiency Better procurement terms Logistics cost reduction Improved delivery quality at lower costs • Improved cost-effectiveness • Improved delivery quality through higher delivery frequency • Improved operations at stores with limited storage space 04 Medium-term Business Plan Medium-term Business Plan 第2弾（レイアウト 調整） PICK UP ２Qと同様
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© G I F T H O L D I N G S I N C .｜ 33 Cost of Capital Conscious Management • ROE maintained at high level; targeting continued 20%+ ROE Our ROE and PBR trends Cost of equity based on our PBR and ROE ROE – Expected growth rate = PBRCost of capital – Expected growth rate ROE – Expected growth rate + Expected growth rate = Cost of capital PBR ROE PBR Expected growth rate 23.4% 7.3 times 2–3% Key assumptions ROE Using FY10/2025 results Expected growth rate Assumed at 2–3%, reflecting long-term economic growth and our growth prospects Risk-free rate Based on 10-year Japanese government bond (JGB) yield Equity β Sensitivity of our stock to TOPIX movements Cost of equity based on CAPM Risk-free rate + Equity β × Risk premium = Cost of equity Cost of capital Approx. 6.8% Cost of capital 4.9%–5.8% Risk-free rate Risk premium Equity β Approx. 2.8% Approx. 5% 0.8 ROE (%) PBR (Times) 6.2 5.5 7.4 7.2 7.3 FY10/2021 FY10/2022 FY10/2023 FY10/2024 FY10/2025 29.8% 32.2% 26.2% 24.8% 23.4% 04 Medium-term Business Plan Assumed cost of equity: approx. 6.0% 第1弾（日本語箇所、レイアウト調整） 第2弾
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© G I F T H O L D I N G S I N C .｜ 34 Actions to Implement Management That Is Conscious of Cost of Capital • Promoting appropriate investor understanding of business conditions through proper disclosure and constructive dialogue; enhancing corporate value by reflecting dialogue outcomes in management; and reducing cost of equity Annual dialogue activities Reporting dialogue outcomes to Board of Directors 1-on-1 meetings with analysts and institutional investors 311meetings Financial results briefings for analysts and institutional investors 2 briefings (interim and year-end) Key participants President & Representative Director Director & Head of Corporate Strategy Foreign language support • Simultaneous disclosure of financial results briefing materials in Japanese and English • Expanded scope of English-language disclosure Enhanced disclosure • Launch of sustainability website; enhanced site content • Website overhaul • Preparation of materials for prospective investors Reflecting dialogue outcomes * FY10/2025 results 04 Medium-term Business Plan 2Qから変更なし Of which 235 in Japan Of which 76 overseas 第1弾（日本語箇所、レイアウト調整） 第2弾（レイアウト 調整） ２Qと同様
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© G I F T H O L D I N G S I N C .｜ 35 Appendix CHAPTER 05 第1弾
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© G I F T H O L D I N G S I N C .｜ 36 Company Overview Company name GIFT HOLDINGS INC. Lines of business Restaurant operations Head office Shibuya Tower 36F, Shibuya Sakura Stage, 1-1 Sakuragaoka-cho, Shibuya-ku, Tokyo Production factories Noodle factories: Hiratsuka, Yokohama first, Kamisu first, Tamba-Sasayama, Kuwana Char siu factory: Ayase Soup factories: Yokohama second, Kamisu second Established December 7, 2009 (Founded in January 2008) Representative Sho Tagawa, President & Representative Director Fiscal year-end October Share capital ¥920 million (as of July 31, 2026) Group employees 855 employees; 7,278 part-time employees (as of July 31, 2026) Subsidiaries 22 consolidated subsidiaries Names of principal consolidated subsidiaries GIFT INC. GIFT FOODS MATERIAL K.K. GIFT USA INC. 05 Appendix 第2弾
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© G I F T H O L D I N G S I N C .｜ 37 Key Characteristics of Restaurant Industry and Japanese Ramen Market ¥1,128.5 billion ¥585.2 billion ¥112.9 billion ¥800.0 billion 55.7% 40.4% 67.6% 5.7% Burgers Gyudon (beef bowls) Curry Ramen 9.9% 86.0% 90.4% 82.1% Fragmented market Highly consolidated markets Market size Top 3 1st 2nd 3rd Source: Calculated in-house based on the Economic Conditions Survey of the Ministry of Internal Affairs and Communications and corporate website data 05 Appendix 第2弾 Market size Top 3 • Unlike burgers, gyudon (beef bowls), and curry, where major chains dominate market share, large portion of ramen market held by independent stores, leaving significant room for chain expansion
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© G I F T H O L D I N G S I N C .｜ 38 Business Overview • Company-owned stores and produced stores • Restaurant business operated through two channel formats Support for building successful stores tailored to owners’ needs Operation of company-owned stores across various categories 324 stores 633 stores Providing operational know-how Supplying PB products Produced stores Company- owned stores Production factories Contract factories * PB products: private brand products (noodles, sauce, soup, dumplings, char siu) Produced stores Company-owned stores * Incl. JV & outsourced stores * Incl. franchise stores 05 Appendix 第1弾 第2弾
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© G I F T H O L D I N G S I N C .｜ 39 Relationship between Store Opening Strategy, Sales, Profit, and Profit Margin • Maximizing sales and profit while maintaining profit margin through company-owned stores in densely populated, large-market areas and produced stores in regional areas 05 Appendix Company-owned stores Store openings in densely populated, high-ramen-consumption areas Aiming to maximize sales and profit Francise & produced stores Store openings in regional areas Aiming to maximize profit margin Accelerated store openings 業績予想修正後の数字に 変更しております。 第1弾 第3弾 23.5 29.0 33.7 50.0 10.5% 10.2% 9.4% 11.4% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 0.0 20.0 40.0 60.0 80.0 100.0 120.0 FY10/2023 Results FY10/2024 Results FY10/2025 Results FY10/2026 Plan Operating profit Operating margin Maintaining operating margin Trends in operating profit and operating marginTrends in no. of stores and sales mix of company-owned stores 548 574 614 668 197 236 287 351745 810 901 1,019 83.6% 84.2% 85.9% 85.7% 50.0% 55.0% 60.0% 65.0% 70.0% 75.0% 80.0% 85.0% 90.0% 0 550 1100 FY10/2023 Results FY10/2024 Results FY10/2025 Results FY10/2026 Plan No. of company-owned stores No. of produced stores Sales mix of company-owned stores
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© G I F T H O L D I N G S I N C .｜ 40 Brand Portfolio (1/2) Machida Shoten “IEKEI” ramen chain, featuring rich, and creamy soup that customers never tire of; popular chain with over 100 stores nationwide and vibrant dining atmosphere SHI-TEN-NOH Popular among international visitors; tonkotsu ramen featuring light yet rich flavor GATTON Kyushu tonkotsu ramen featuring slow-cooked, matured broth; exquisite taste created by extra-thin noodles specially crafted to pair perfectly with rich, full-bodied soup BUTAYAMA Hearty-type ramen chain featuring thick, tender pork and generous portions of vegetables; filling ramen with rich broth, sweet-savory soy sauce, and thick, chewy noodles GANSO ABURADO Soupless ramen featuring specially crafted noodles and customizable flavors using tabletop seasonings; stylish interior popular with women; endless flavor combinations Wild pork mountain ramen IEKEI Soupless ramen Kyushu tonkotsu Soy sauce tonkotsu 05 Appendix 2Qから変更なし 第1弾（日本語箇所、レイアウト調整） ２Qと同様
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© G I F T H O L D I N G S I N C .｜ 41 Brand Portfolio (2/2) NAGAOKA SHOKUDO Ginger soy sauce-flavored Chuka Soba popular as local specialty of Nagaoka, Niigata; flavorful, delicate soup made with carefully selected ingredients and enjoyed by people of all ages Machida Shoten “IEKEI” ramen offered overseas with same quality in taste, atmosphere, and service as company-owned stores in Japan AKAMISOYA Miso-based ramen packed with rich savory flavors from stir- fried vegetables E.A.K. RAMEN “IEKEI” ramen tailored to local tastes Chuka Soba Miso IEKEI IEKEI 05 Appendix 2Qから変更なし 第1弾（日本語箇所、レイアウト調整） ２Qと同様
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© G I F T H O L D I N G S I N C .｜ 42 Successful Stores in Any Location Downtown / business districts Residential areas RoadsideNear-station Company C Company H Company M Company K – – – – – – – – 05 Appendix 2Qから変更なし 第1弾（日本語箇所、レイアウト調整） 第2弾（レイアウト 調整） ２Qと同様
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© G I F T H O L D I N G S I N C .｜ 43 Store Opening Strategy • Successful stores in both near-station and roadside areas Roadside areas Roadside Nakamachidai Store Fujinomiya StoreShimizu Interchange Store Himeji Store Kyoto-Higashi Interchange Store Near-station areas Residential areas Gyotoku Store Kyodo Store Downtown Hatsudai Store Shibuya Store Business districts Suidobashi Store Osaki Store In-station Commercial facilities Mozo Wonder City Store GANSO ABURADO Tama Center Store Haneda Airport Terminal 1 Store 05 Appendix 2Qから変更なし 第1弾（日本語箇所、レイアウト調整） 第2弾（レイアウト 調整） ２Qと同様
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© G I F T H O L D I N G S I N C .｜ 44 Roadside Stores • Roadside stores popular with families • 20–30 parking spaces • Store openings based on analysis of competitive landscape, trade area population, and traffic volume • Building family-friendly stores • Enhanced family-oriented menu offerings • Sustained increasing trend in average spend per customer • Roadside stores more successful than near-station stores 05 Appendix 2Qから変更なし 第1弾（日本語箇所、レイアウト調整） 第2弾（レイアウト 調整） ２Qと同様
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© G I F T H O L D I N G S I N C .｜ 45 Produced Store Business • Our proprietary channel: Produced store operating model Support for building successful stores tailored to owners’ needs Providing operational know-how Supplying PB products Produced stores Company-owned stores Production factories Contract factories ● Existing store sales maintained at high levels ● Virtually no store closures since founding Noodles, sauce, soup, dumplings, char siu, etc. * Unlike franchise system, no security deposits, franchise fees, or management fees (royalties) required Store launch support provided free of charge in principle, subject to food purchases, leveraging operational know-how from company-owned stores 05 Appendix 2Qから変更なし 第1弾（日本語箇所、レイアウト調整） 第2弾（レイアウト 調整） ２Qと同様
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© G I F T H O L D I N G S I N C .｜ 46 Differences between Produced Stores and Franchise Stores Franchise stores Produced stores Store name Fixed Flexible Franchise fee ¥1–5 million ¥0 Royalties Approx. 5% of monthly sales ¥0 Freedom in store operations and menu development × Risk of network-wide brand damage caused by individual store High Low Support services* Available Available * Support services: property development, store design, employee training, opening support 05 Appendix 2Qから変更なし 第1弾（日本語箇所、レイアウト調整） ２Qと同様
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© G I F T H O L D I N G S I N C .｜ 47 Other Quarterly Trends FY10/2024 FY10/2025 FY10/2026 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 No. of stores (Stores) Total 755 773 797 810 831 849 870 901 915 930 957 Company- owned (Japan) 190 197 209 223 232 242 255 272 277 285 303 Company- owned & JV (Overseas) 3 3 3 4 4 4 5 7 9 10 13 Outsourced 9 9 9 9 9 8 8 8 8 8 8 Produced & franchise 553 564 576 574 586 595 602 614 621 627 633 Cost of sales ratio (%) 32.5 32.0 32.5 31.6 33.6 33.5 32.9 32.9 32.3 31.9 32.0 SG&A ratio (%) 54.2 58.6 60.2 57.6 57.2 57.7 57.8 56.9 54.2 56.8 58.2 Of which: labor cost ratio (%) 25.8 27.1 27.6 26.7 26.7 26.9 26.4 26.2 25.5 26.3 26.8 05 Appendix 第1弾 第2弾
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© G I F T H O L D I N G S I N C .｜ 48 (Stores) No. of stores as of October 31, 2025 No. of stores as of July 31, 2026 Changes Company-owned store business* Hokkaido 0 0 – Tohoku 32 35 +3 Kanto & Koshin 175 193 +18 Hokuriku 0 0 – Tokai 42 43 +1 Kinki 21 25 +4 Chugoku & Shikoku 1 1 – Kyushu & Okinawa 1 6 +5 Overseas 7 13 +6 Subtotal 279 316 +37 Outsourced stores 8 8 – Total 287 324 +37 Produced store business Hokkaido 19 19 – Tohoku 18 18 – Kanto & Koshin 336 337 +1 Hokuriku 13 13 – Tokai 62 61 -1 Kinki 53 61 +8 Chugoku & Shikoku 34 37 +3 Kyushu & Okinawa 35 36 +1 Overseas 13 9 -4 Subtotal 583 591 +8 Domestic franchise stores 15 17 +2 Overseas franchise stores 16 25 +9 Total 614 633 +19 Total no. of stores 901 957 +56 Store Count Reconciliation Net sales Net sales ¥28,221 million ¥4,048 million * Company-owned store business includes JV stores. 05 Appendix 第2弾
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© G I F T H O L D I N G S I N C .｜ 49 3,285 3,237 3,608 4,007 4,313 4,618 4,958 5,316 5,712 5,647 5,922 6,680 7,286 7,440 7,677 8,407 9,258 9,274 9,689 704 663 720 787 892 904 944 1,033 1,098 1,093 1,116 1,200 1,218 1,250 1,240 1,357 1,384 1,322 1,342 82.3% 83.0% 83.4% 83.6% 82.8% 83.6% 84.0% 83.7% 83.9% 83.8% 84.1% 84.8% 85.7% 85.6% 86.1% 86.1% 87.0% 87.5% 87.8% Quarterly Net Sales Trends of Company-owned Store and Produced Store Businesses • Higher sales mix of company-owned store business FY10/2022 FY10/2023 FY10/2024 FY10/2025 FY10/2026 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4Q3 Q3 Q3 Q3 Q3 Company-owned store business net sales (Millions of yen) Produced store business net sales (Millions of yen) Sales mix of company-owned store business 05 Appendix 第1弾 第2弾
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© G I F T H O L D I N G S I N C .｜ 50 Brand Others No. of stores 3 1 4 32 13 Changes from Oct. 31, 2025 – – +1 +12* +3 Brand No. of stores 194 55 48 5 3 Changes from Oct. 31, 2025 +15 +8 +9 – -1 Overseas Store Count Reconciliation by Brand (Company-owned & JV Stores + Franchise Stores) • Expansion of “Machida Shoten” and “GANSO ABURADO” Overseas * The number of overseas “Machida Shoten” stores is calculated as the total of company-owned & JV stores and franchise stores from FY10/2026. The number of stores as of October 31, 2025 has also been recalculated on the same basis, and changes from October 31, 2025 a re calculated accordingly. 05 Appendix 第1弾 第2弾
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© G I F T H O L D I N G S I N C .｜ 51 As of Oct. 31, 2025 As of Jul. 31, 2026 Changes Current assets 4,847 6,107 +1,259 Cash and deposits 2,429 3,278 +848 Accounts receivable - trade 1,078 1,275 +196 Other 1,338 1,553 +214 Non-current assets 17,165 19,680 +2,515 Property, plant and equipment 13,419 15,518 +2,098 Intangible assets 194 325 +130 Investments and other assets 3,550 3,837 +286 Total assets 22,012 25,788 +3,775 As of Oct. 31, 2025 As of Jul. 31, 2026 Changes Current liabilities 6,827 7,301 +473 Accounts payable - trade 1,185 1,291 +105 Short-term borrowings 4 8 +4 Current portion of long- term borrowings 1,682 2,058 +376 Other 3,954 3,942 -11 Non-current liabilities 4,804 5,846 +1,041 Long-term borrowings 4,115 5,082 +966 Other 688 763 +74 Toal liabilities 11,632 13,148 +1,515 Total net assets 10,380 12,640 +2,259 Share capital 869 920 +50 Capital surplus 1,097 1,148 +50 Retained earnings 8,064 10,040 +1,976 Treasury shares (1) (1) -0 Accumulated other comprehensive income 312 439 +127 Non-controlling interests 37 91 +54 Total liabilities and net assets 22,012 25,788 +3,775 (Millions of yen) B/S Summary (Millions of yen) 05 Appendix 第1弾 第2弾
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© G I F T H O L D I N G S I N C .｜ 52 Stock Price Trends (IPO to July 31, 2026) • Stock price up approximately 9.8x from IPO level 05 Appendix 第1弾 第2弾 Dec. 14, 2018 Dividend forecast raised Shareholder benefit program launched Mar. 14, 2019 Dividend forecast raised Mar. 27, 2019 Shareholder benefit program approved Jun. 11, 2019 Earnings forecast raised Oct. 16, 2019 Dividend forecast raised Feb. 17, 2020 Shareholder benefit program enhanced Mar. 17, 2020 2-for-1 stock split Jun. 5, 2020 Earnings forecast lowered Dividend forecast lowered Sep. 18, 2020 Moved to TSE 1st Section Sep. 8, 2021 Earnings forecast lowered Oct. 14, 2021 Dividend forecast raised Dec. 2, 2021 Earnings forecast raised Apr. 15, 2022 Shareholder benefit program enhanced Jun. 1, 2022 Earnings forecast lowered Jul. 14, 2022 Shareholder benefit program enhanced Oct. 17, 2022 Dividend forecast raised Jun. 14, 2023 Shareholder benefit program enhanced Jul. 28, 2023 2-for-1 stock split Dec. 15, 2023 Dividend increased Jun. 14, 2024 Earnings forecast raised Aug. 8, 2024 Added to JPX-Nikkei Mid & Small Cap Index Aug. 8, 2025 Retained in JPX-Nikkei Mid & Small Cap Index Aug. 13, 2025 Added to FTSE Japan All-Cap Index Feb. 13, 2026 Added to JPX Startup Acceleration 100 Index Mar. 16, 2026 Earnings forecast raised Apr. 15, 2026 Shareholder benefit program revised & enhanced Jun. 15, 2026 Earnings forecast raised Jul. 15, 2026 Shareholder benefit program revised (enhanced) 0 1,000 2,000 3,000 4,000 5,000 FY10/2019 FY10/2020 FY10/2021 FY10/2022 FY10/2023 FY10/2024 FY10/2025 FY10/2026 Oct. 19, 2018 IPO Offer price: ¥523 (adjusted for FY2020 stock split) Jul. 31, 2026 Closing price: ¥5,130 * The stock price as of July 31, 2026 is shown without retroactive adjustment for the 2-for-1 stock split on September 1, 2026. Stock price (Yen) Financial results announcement: 〇 Q1 〇 Q2 〇 Q3 〇 Q4
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© G I F T H O L D I N G S I N C .｜ 53 IR Information Proactive disclosure of information to shareholders and investors on IR website https://www.gift-group.co.jp/en/ir IR Website IR information delivered to subscribers via email IR News Subscription Service ESG initiatives, policies, and data available on sustainability website https://www.gift-group.co.jp/sustainability Sustainability Website 05 Appendix 第2弾（レイアウト 調整） https://ircms.irstreet.com/member_registration/ new_u.php?site=105&language=2&brand_select ion=0
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© G I F T H O L D I N G S I N C .｜ 54 Disclaimer • Notice concerning forward-looking statements ◼ The materials and information provided in this presentation contain forward-looking statements. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and may cause actual results to differ materially from those expressed or implied herein. These risks and uncertainties include general domestic and international economic conditions such as general industry and market conditions, interest rates and foreign exchange fluctuations. ◼ The Company assumes no obligation to update or revise any forward-looking statements contained herein, whether as a result of new information, future events, or otherwise. ◼ Except as required by applicable disclosure regulations, the Company does not undertake to revise previously announced forecasts, regardless of subsequent events or developments. ◼ Information on companies other than the Company is based on publicly available information. ◼ This document does not constitute, and is not intended to constitute, an offer to sell or a solicitation of an offer to buy any securities, nor shall it form the basis of any contract or obligation. 05 Appendix 2Qから変更なし 第1弾（日本語箇所、レイアウト調整） 第2弾（レイアウト 調整） ２Qと同様