TORIDOLL (3397) investor relations material

Executive summary

• Revenue for Q1–Q3 reached ¥210.5 billion, up 4.3% year-over-year, with business profit at ¥15.9 billion and operating profit at ¥16.3 billion, all record highs; profit attributable to owners rose 44.8% to ¥8.7 billion.

• Growth was driven by strong domestic performance, especially Marugame Seimen and Other Domestic segments, while Overseas revenue declined but profit more than doubled.

• Marugame Seimen posted record revenue and profit; Other Domestic saw revenue growth but profit decline; Overseas revenue fell due to UK franchising and store closures, but profit rose on strong Asia performance.

• Full-year consolidated earnings forecast remains unchanged due to uncertainty in some Overseas markets.

Financial highlights

• Consolidated revenue for Q1–Q3 rose 4.3% year-over-year to ¥210.5 billion; business profit up 13.1% to ¥15.9 billion; operating profit increased 41.0% to ¥16.3 billion.

• EBITDA for the nine months was ¥38,442 million, up 5.7% year-over-year; Adjusted EBITDA was ¥38,833 million, up 3.7%.

• Earnings per share (basic) rose to ¥95.16 from ¥65.03 year-over-year.

• Comprehensive income for the period was ¥13,006 million, up 15.9% year-over-year.

• Cash flows from operating activities increased 32.8% year-over-year to ¥38,962 million.

Outlook and guidance

• Full-year revenue forecast is ¥282.0 billion (+5.1% YoY), business profit ¥19.6 billion (+7.7%), and profit attributable to owners ¥5.5 billion (+193.5%).

• Forecasts remain unchanged due to ongoing uncertainty in Overseas segment recovery.