<Remarks>
1. The above data is based on sales (retail price basis) at the group's own retail stores and e-commerce sales channels in Japan, which is available to be aggregated on a monthly basis.
2. Sales of the Existing Retail Channels are calculated pursuant to sales at stores that were open for at least twenty days during the same months of the previous year and this year.
3. Monthly Retail Sales (YoY) are calculated on a retail price basis. Hence, there is no impact from the change in revenue recognition standards.
4. The figures for the latest month are preliminary and subject to revision. They will be considered final upon publication of the Monthly Sales Report for the following month. Any revised figures are underlined for clarity.
5. If there is a significant variance between preliminary and finalized figures, we will release the corrected information immediately.

< May Overview>
The sales results for May were 141.0% year-on-year for All-retail Channels and 105.5% year-on-year for Existing-Retail Channels, both exceeding the previous year.

Sales of summer merchandise were strong, particularly at physical stores, supported by rising temperatures. In addition, several key brands that had struggled in the previous fiscal year showed signs of recovery, contributing to the year-on-year increase.

We estimate that the two additional holidays compared with the same month of the previous year had a positive impact of approximately 4.0 percentage points on sales.

Excluding the contribution from Daytona International, which became a consolidated subsidiary in September 2026, and Waterfront, which became a consolidated subsidiary in December 2026, sales at All-Retail Channels increased 103.5% year-on-year.

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.