Ryohin Keikaku Co., Ltd. revised consolidated earnings guidance for the year ending August 31, 2024. For the year, the company now expects operating revenue of JPY 660,000 million, operating profit of JPY 53,000 million, net income attributable to owners of parent of JPY 36,000 million and earnings per share of JPY 136.18 against operating revenue of JPY 640,000 million, operating profit of JPY 48,000 million, net income attributable to owners of parent of JPY 33,000 million and earnings per share of JPY 124.83 as previously forecasted. Reasons for Revisions: As announced, the consolidated financial results for the third quarter cumulative period of the fiscal year ending August 2024 exceeded the forecast as same-store-sales exceeded expectations in the domestic business, driven by sales of Household goods such as skincare and daily necessities, and controlled price reductions as sales exceeded expectations, which led to an improvement in the operating profit margin.

In addition, the overseas business also performed above expectations, as the depreciation of the yen boosted both operating revenue and operating profit. Considering these circumstances, the Company has decided to make upward revisions to operating revenues and profit at each stage of the business. As a result, operating revenue and profit at each stage are expected to reach record highs.