Interim report
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DISCLAIMER: This document has been translated from a part of 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. October 5, 2026 Consolidated Financial Results for the Six Months Ended August 31, 2026 (Under Japanese GAAP) Company name: ICHIBANYA CO., LTD. Listing: Tokyo Stock Exchange / Nagoya Stock Exchange Securities code: 7630 URL: https://www.ichibanya.co.jp/ Representative: Mamoru Kuzuhara, President Inquiries: Kenji Hayashi, General Manager of Corporate Planning Dept. Telephone: +81-586-81-0792 Scheduled date to file semi-annual securities report: October 14, 2026 Scheduled date to commence dividend payments: November 13, 2026 Preparation of supplementary material on financial results: Yes Holding of financial results briefing: Yes (for institutional investors and analysts) (Yen amounts are rounded down to millions, unless otherwise noted.) 1. Consolidated financial results for the six months ended August 31, 2026 (from March 1, 2026 to August 31, 2026) (1) Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Six months ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % August 31, 2026 35,227 10.0 2,091 (17.2) 2,191 (19.1) 1,095 (20.9) August 31, 2025 32,018 8.2 2,526 5.5 2,708 8.9 1,384 (11.0) Note: Comprehensive income For the six months ended August 31, 2026: ¥1,252 million [4.5%] For the six months ended August 31, 2025: ¥1,198 million [(43.3)%] Basic earnings per share Diluted earnings per share Six months ended Yen Yen August 31, 2026 6.86 - August 31, 2025 8.68 - (2) Consolidated financial position Total assets Net assets Equity-to-asset ratio Net assets per share As of Millions of yen Millions of yen % Yen August 31, 2026 48,479 32,877 66.5 201.91 February 28, 2026 48,171 32,885 67.0 202.33 Reference: Equity As of August 31, 2026: ¥32,230 million As of February 28, 2026: ¥32,292 million 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 February 28, 2026 - 8.00 - 8.00 16.00 Fiscal year ending February 28, 2027 - 8.00 Fiscal year ending February 28, 2027 (Forecast) 8.00 16.00 Note: Revisions to the forecast of cash dividends most recently announced: None 3. Forecast of consolidated financial results for the fiscal year ending February 28, 2027 (from March 1, 2026 to February 28, 2027) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Basic earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Fiscal year ending February 28, 2027 72,600 10.8 5,000 6.0 5,040 1.1 2,720 6.1 17.04 Note: Revisions to the earnings forecasts most recently announced: None
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* Notes (1) Significant changes in the scope of consolidation during the period: None (2) Adoption of accounting treatment specific to the preparation of semi-annual consolidated financial statements: None (3) Changes in accounting policies, changes in accounting estimates, and restatement (i) Changes in accounting policies due to revisions to accounting standards and other regulations: None (ii) Changes in accounting policies due to other reasons: None (iii) Changes in accounting estimates: None (iv) Restatement: None (4) Number of issued shares (common shares) (i) Total number of issued shares at the end of the period (including treasury shares) As of August 31, 2026 159,630,000 shares As of February 28, 2026 159,630,000 shares (ii) Number of treasury shares at the end of the period As of August 31, 2026 - shares As of February 28, 2026 24,680 shares (iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) Six months ended August 31, 2026 159,614,307 shares Six months ended August 31, 2025 159,576,240 shares * Semi-annual financial results reports are exempt from review conducted by certified public accountants or an audit firm. * Proper use of earnings forecasts, and other special matters (Cautions on forward-looking statements, etc.) The forward-looking statements, including forecasts of financial results, contained in these materials are based on information available to the Company and on certain assumptions deemed to be reasonable. Actual financial results may differ from the results anticipated in the statements due to various factors. For the assumptions on which earnings forecasts are based and precautions for the use of earnings forecasts, please refer to Appendix P .3 "1. Qualitative Information on the Interim Financial Results (3) Explanation of Forward-Looking Information such as Consolidated Earnings Forecasts."
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Semi-annual consolidated balance sheet (Millions of yen) As of February 28, 2026 As of August 31, 2026 Assets Current assets Cash and deposits 13,279 12,462 Accounts receivable - trade 3,860 4,808 Merchandise and finished goods 1,048 1,062 Work in process 43 60 Raw materials and supplies 328 369 Other 1,385 1,498 Total current assets 19,945 20,260 Non-current assets Property, plant and equipment Buildings and structures, net 7,382 7,260 Machinery, equipment and vehicles, net 861 913 Land 5,112 5,112 Leased assets, net 1,506 1,350 Other, net 1,219 1,356 Total property, plant and equipment 16,082 15,993 Intangible assets Goodwill 3,273 3,317 Other 1,987 1,914 Total intangible assets 5,260 5,232 Investments and other assets Investment securities 605 579 Deferred tax assets 1,234 1,274 Guarantee deposits 4,617 4,706 Other 430 442 Allowance for doubtful accounts (6) (10) Total investments and other assets 6,882 6,992 Total non-current assets 28,225 28,218 Total assets 48,171 48,479
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(Millions of yen) As of February 28, 2026 As of August 31, 2026 Liabilities Current liabilities Accounts payable - trade 3,014 3,648 Current portion of long-term borrowings 51 37 Accounts payable - other 2,711 2,254 Income taxes payable 696 867 Provision for bonuses 426 430 Provision for shareholder benefit program 308 333 Other 1,248 1,376 Total current liabilities 8,457 8,947 Non-current liabilities Long-term borrowings 173 101 Lease liabilities 1,209 1,049 Retirement benefit liability 1,045 1,083 Asset retirement obligations 671 689 Long-term guarantee deposits 3,394 3,385 Other 333 344 Total non-current liabilities 6,828 6,654 Total liabilities 15,285 15,602 Net assets Shareholders' equity Share capital 1,503 1,503 Capital surplus 1,388 1,388 Retained earnings 27,850 27,665 Treasury shares (25) - Total shareholders' equity 30,716 30,556 Accumulated other comprehensive income Valuation difference on available-for-sale securities 213 195 Foreign currency translation adjustment 1,229 1,371 Remeasurements of defined benefit plans 133 106 Total accumulated other comprehensive income 1,576 1,673 Non-controlling interests 592 646 Total net assets 32,885 32,877 Total liabilities and net assets 48,171 48,479
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Semi-annual consolidated statement of income (Millions of yen) Six months ended August 31, 2025 Six months ended August 31, 2026 Net sales 32,018 35,227 Cost of sales 16,054 17,863 Gross profit 15,963 17,364 Selling, general and administrative expenses 13,436 15,272 Operating profit 2,526 2,091 Non-operating income Interest and dividend income 62 16 Rental income from buildings 455 446 Other 131 93 Total non-operating income 649 556 Non-operating expenses Interest expenses 35 34 Rental expenses 354 344 Other 76 77 Total non-operating expenses 467 455 Ordinary profit 2,708 2,191 Extraordinary income Gain on sale of non-current assets 4 - Gain on sales of stores 14 2 Total extraordinary income 19 2 Extraordinary losses Loss on retirement of non-current assets 246 4 Impairment losses 335 314 Other 2 2 Total extraordinary losses 584 321 Profit before income taxes 2,143 1,872 Income taxes - current 827 770 Income taxes - deferred (82) (33) Total income taxes 745 737 Profit 1,398 1,135 Profit attributable to non-controlling interests 13 39 Profit attributable to owners of parent 1,384 1,095
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Semi-annual consolidated statement of comprehensive income (Millions of yen) Six months ended August 31, 2025 Six months ended August 31, 2026 Profit 1,398 1,135 Other comprehensive income Valuation difference on available-for-sale securities 23 (17) Foreign currency translation adjustment (211) 161 Remeasurements of defined benefit plans, net of tax (11) (26) Total other comprehensive income (199) 117 Comprehensive income 1,198 1,252 Comprehensive income attributable to Comprehensive income attributable to owners of parent 1,210 1,193 Comprehensive income attributable to non-controlling interests (11) 59
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Semi-annual consolidated statement of cash flows (Millions of yen) Six months ended August 31, 2025 Six months ended August 31, 2026 Cash flows from operating activities Profit before income taxes 2,143 1,872 Depreciation 986 1,055 Impairment losses 335 314 Amortization of goodwill 145 225 Increase (decrease) in provision for bonuses (64) 1 Increase (decrease) in retirement benefit liability 7 0 Increase (decrease) in provision for shareholder benefit program 48 24 Interest and dividend income (62) (16) Interest expenses 35 34 Loss (gain) on sale of non-current assets (4) 2 Loss (gain) on sales of stores (14) (2) Loss on retirement of non-current assets 246 4 Decrease (increase) in trade receivables (711) (928) Decrease (increase) in inventories (155) (65) Increase (decrease) in trade payables 328 617 Increase (decrease) in accrued consumption taxes 161 89 Increase (decrease) long-term guarantee deposits received (3) (9) Other, net (104) (269) Subtotal 3,317 2,952 Interest and dividends received 62 16 Interest paid (35) (34) Income taxes paid (776) (607) Net cash provided by (used in) operating activities 2,567 2,327 Cash flows from investing activities Payments into time deposits (205) (226) Proceeds from withdrawal of time deposits 204 225 Purchase of property, plant and equipment (1,480) (1,258) Purchase of intangible assets (278) (163) Long-term loan advances - (100) Proceeds from sales of stores 32 3 Purchase of shares of subsidiaries resulting in change in scope of consolidation - (186) Purchase of shares of subsidiaries and associates (44) - Other, net (9) (2) Net cash provided by (used in) investing activities (1,780) (1,707) Cash flows from financing activities Repayments of long-term borrowings - (86) Repayments of short-term borrowings (7) - Repayments of lease liabilities (167) (183) Dividends paid (1,275) (1,275) Other, net (9) (11) Net cash provided by (used in) financing activities (1,460) (1,556) Effect of exchange rate change on cash and cash equivalents (129) 115 Net increase (decrease) in cash and cash equivalents (802) (821) Cash and cash equivalents at beginning of period 15,264 13,048 Cash and cash equivalents at end of period 14,461 12,227
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(Notes on segment information, etc.) Segment Information Previous interim consolidated accounting period (from March 1, 2025 to August 31, 2025) and the current interim consolidated accounting period (from March 1, 2026 to August 31, 2026) Since the Group is a single segment of the food and beverage business and its ancillary businesses, the description is omitte d.