Interim report
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Note : This document has been translated from the Japanese original for reference purposes only . In the event of any discrepancy between this translated document and the Japanese original , the original shall prevail . Company name : Listing : Securities code : URL : Representative : Inquiries : Telephone : Consolidated Financial Results for the Three Months Ended June 30 , 2026 ( Under IFRS ) Nitori Holdings Co. , Ltd. Tokyo Stock Exchange , Sapporo Securities Exchange 9843 https://www.nitorihd.co.jp/ Toshiyuki Shirai Masaomi Zenji + 81-3-6741-1204 President and Chief Operating Officer August 7 , 2026 General Manager , Accounting and Finance Division Scheduled date to commence dividend payments : Preparation of supplementary material on financial results : Holding of financial results briefing : Yes Yes FASF Operating profit Profit before tax Three months ended June 30 , 2026 June 30 , 2025 Millions of yen of yen 226,259 ( 2.3 ) 36,545 231,694 ( 0.7 ) 36,942 ( Yen amounts are rounded down to millions , unless otherwise noted . ) 1. Consolidated financial results for the three months ended June 30 , 2026 ( from April 1 , 2026 to June 30 , 2026 ) ( 1 ) Consolidated operating results ( cumulative ) Revenue Millions ( Percentages indicate year - on - year changes . ) to owners of parent Millions of Total comprehensive income Profit attributable Profit for the period % % Basic earnings per share Millions Millions of yen % of yen ( 1.1 ) 37,183 0.1 25,757 ( 0.5 ) 37,132 ( 1.4 ) 26,155 Diluted earnings per Millions % yen % of yen % ( 1.5 ) 25,757 ( 1.5 ) 28,537 30.2 ( 2.2 ) 26,154 ( 2.2 ) 21,922 ( 29.1 ) share Three months ended Yen Yen June 30 , 2026 June 30 , 2025 45.58 46.29 45.58 46.29 * Nitori Holdings Co. , Ltd. implemented a five - for - one stock split of its common stock , effective October 1 , 2025. The figures for basic earnings per share and diluted earnings per share presented above have been calculated on the assumption that the stock split had been executed at the beginning of the previous consolidated fiscal year . ( 2 ) Consolidated financial position As of June 30 , 2026 March 31 , 2026 Total assets Total equity Millions of yen 1,556,262 1,571,284 Millions of yen 1,008,407 988,570 1 Equity attributable to owners of parent Millions of yen 1,008,394 988,559 Equity attributable to owners of parent to total assets ratio % 64.8 62.9
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2 2. Cash dividends Annual dividends per share First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total Yen Yen Yen Yen Yen Fiscal year ended - 77.00 - 15.40 - March 31, 2026 Fiscal year ending - March 31, 2027 Fiscal year ending March 31, 2027 (Forecast) 16.00 - 16.00 32.00 Note: 1 Revisions to the forecast of cash dividends most recently announced: None 2 Nitori Holdings Co., Ltd. implemented a five -for-one stock split of its common stock, effective October 1, 2025. The dividend per share at the end of the second quarter of the fiscal year ending March 31, 2026 is presented on a pre-stock- split basis. The year-end dividend per share for the fiscal year ending March 31, 2026 is presented on a post-stock-split basis. Accordingly, the annual dividend per share is not presented and is indicated as “–”. 3. Consolidated financial result forecasts for the fiscal year ending March 31, 2027 (from April 1, 2026 to March 31, 2027) (Percentages indicate year-on-year changes.) Revenue Operating profit Profit before tax Profit Profit attributable to owners of parent Basic earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Six months ending September 30, 2026 457,400 4.2 60,200 0.6 60,500 0.2 42,100 0.9 42,100 0.9 74.51 Full year 957,000 4.9 130,300 3.8 131,000 2.9 91,000 1.9 91,000 1.9 161.05 Note: Revisions to the forecast of financial results most recently announced: None * Notes (1) Significant changes in the scope of consolidation during the period: None Newly included: - companies ( - ) Excluded: - companies ( - ) (2) Changes in accounting policies and changes in accounting estimates (i) Changes in accounting policies required by IFRS: None (ii) Changes in accounting policies due to other reasons: None (iii) Changes in accounting estimates: None (3) Number of issued shares (ordinary shares) (i) Total number of issued shares at the end of the period (including treasury shares) As of June 30, 2026 572,217,480 shares As of March 31, 2026 572,217,480 shares (ii) Number of treasury shares at the end of the period As of June 30, 2026 7,159,882 shares As of March 31, 2026 7,160,242 shares (iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) Three months ended June 30, 2026 565,057,418 shares Three months ended June 30, 2025 565,058,035 shares ※Nitori Holdings Co., Ltd. implemented a five-for-one stock split of its common stock, effective October 1, 2025. The number of shares of common stock outstanding presented above has been calculated based on the assumption that the stock split had been executed at the beginning of the previous consolidated fiscal year. * Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: Yes(voluntary) * Proper use of earnings forecasts, and other special matters The forecasts given in this document are based on the current available information in the company and certain reasonable assumptions to the company. And we don’t commit to achieve these forecasting numbers. Actual results may differ from these forecasts by a variety of reasons.
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3 Condensed Quarterly Consolidated Financial Statements Condensed Quarterly Consolidated Statement of Financial Position (Millions of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and cash equivalents 145,010 153,523 Trade and other receivables 80,667 62,491 Other financial assets 38,644 47,697 Inventories 122,167 112,877 Income taxes receivable 0 199 Other current assets 11,408 10,885 Total current assets 397,898 387,677 Non-current assets Property, plant and equipment 909,005 904,815 Intangible assets 9,983 9,761 Investment property 95,342 95,169 Investments accounted for using equity method 27,263 27,419 Other financial assets 81,256 82,001 Deferred tax assets 48,143 47,101 Retirement benefit asset - 33 Other non-current assets 2,390 2,282 Total non-current assets 1,173,386 1,168,585 Total assets 1,571,284 1,556,262
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4 (Millions of yen) As of March 31, 2026 As of June 30, 2026 Liabilities and equity Liabilities Current liabilities Trade and other payables 69,837 54,402 Borrowings 150,000 140,000 Other financial liabilities 34,102 34,468 Income taxes payable 18,993 10,736 Contract liabilities 29,416 21,527 Provisions 1,006 1,012 Other current liabilities 20,140 26,562 Total current liabilities 323,497 288,709 Non-current liabilities Borrowings 10,000 10,000 Other financial liabilities 220,692 220,835 Deferred tax liabilities 110 123 Retirement benefit liability 6,190 6,281 Provisions 21,274 21,174 Other non-current liabilities 947 730 Total non-current liabilities 259,216 259,146 Total liabilities 582,713 547,855 Equity Share capital 13,370 13,370 Capital surplus 30,715 30,715 Treasury shares (10,120) (10,119) Retained earnings 933,889 950,945 Other components of equity 20,703 23,482 Total equity attributable to owners of parent 988,559 1,008,394 Non-controlling interests 11 12 Total equity 988,570 1,008,407 Total liabilities and equity 1,571,284 1,556,262
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5 Condensed Quarterly Consolidated Statements of Profit or Loss and Condensed Quarterly Comprehensive Income Condensed Quarterly Consolidated Statement of Profit or Loss For the Three Months ended June 30, 2026 (Millions of yen) For the three months ended June 30, 2025 For the three months ended June 30, 2026 Revenue 231,694 226,259 Cost of sales 107,889 104,924 Gross profit 123,805 121,334 Selling, general and administrative expenses 87,486 85,914 Other income 726 930 Other expenses 1,078 1,061 Share of profit of investments accounted for using equity method 976 1,255 Operating profit 36,942 36,545 Finance income 1,116 1,729 Finance costs 927 1,091 Profit before tax 37,132 37,183 Income tax expense 10,976 11,425 Profit 26,155 25,757 Profit attributable to Owners of parent 26,154 25,757 Non-controlling interests 1 0 Profit 26,155 25,757 Earnings per share Basic earnings per share(Yen) 46.29 45.58 Diluted earnings per share(Yen) 46.29 45.58
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6 Condensed Quarterly Consolidated Statement of Comprehensive Income For the Three Months ended June 30, 2026 (Millions of yen) For the three months ended June 30, 2025 For the three months ended June 30, 2026 Profit 26,155 25,757 Other comprehensive income Items that will not be reclassified to profit or loss Financial assets measured at fair value through other comprehensive income 1,699 613 Remeasurements of defined benefit plans - 0 Total of items that will not be reclassified to profit or loss 1,699 613 Items that may be reclassified to profit or loss Exchange differences on translation of foreign operations (2,089) 2,198 Cash flow hedges (3,843) (33) Total of items that may be reclassified to profit or loss (5,932) 2,165 Total other comprehensive income (4,232) 2,779 Comprehensive income 21,922 28,537 Comprehensive income attributable to Owners of parent 21,922 28,536 Non-controlling interests 0 0 Comprehensive income 21,922 28,537