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FY2025 Business Results   

• Sales: JPY 457.8 billion (Up 14.1% YoY), Business Profit (*1): JPY 33.0 billion (Up 36.0% YoY), Operating Profit: JPY 30.0 billion (Up 23.9% YoY), Net Income: JPY 16.7 billion (Up 19.9% YoY)
• Same-store Sales: 108% of the previous year
• M&A Impact: Sales increase of JPY 23.3 billion, Profit increase of JPY 2.3 billion (Sukesan / Malaysia Suki-ya)   
• ROE: 9.3   
• Annual Dividend: JPY 22.00 (Dividend increase of JPY 3.50)
(*1) Business Profit: Calculated by deducting cost of sales and SG&A expenses from revenue. An indicator showing the profit from core business operations.

Strengthening Financial Stability

• Enhanced Long-term Stability: Increased long-term debt (+34.9 billion yen year-on-year) to extend the duration of financing, thereby strengthening financial stability.
• Expansion of Investment Capacity: Free cash flow increased (+11.7 billion yen year-on-year) due to higher operating cash flow. This reflects improved "earning power" and expands the capacity for strategic growth investments.
• Increased Shareholder Value: Both Earnings Per Share (EPS) and Book Value Per Share (BPS) saw year-on-year increases (+12.24 yen and +62.4 yen, respectively), leading to enhanced shareholder value.

FY2026 Guidance      

• Sales: JPY 490.0 billion (+7.0%), Business Profit: JPY 36.0 billion (+9.1%), Operating Profit: JPY 33.5 billion (+11.8%), Net Income: JPY 19.5 billion (+16.4%)
• Annual Dividend: JPY 26.00 (+JPY 4.00
• The FY2027 targets of the Medium-Term Business Plan (Sales: JPY 460.0 billion, Business Profit: JPY 32.0 billion) are expected to be achieved during FY2026.
* Figures in parentheses represent changes compared to FY2025.

Driving Existing Store Growth by Advancing Store-Centered Management and Strategic Menu/Promotional Execution

• Improving productivity by fixing menus
• Enhancing customer experience value through hospitality services

• Actively introducing both 'high value-for-money menus' and 'seasonal or collaborative menus' that enhance the joy and experiential value of dining out, in response to the polarization of consumption
• Deploying IP collaboration promotions, digital marketing utilizing SNS, and promotions to enhance brand affinity
• Growing sales by shortening delivery times through a hybrid delivery service model, competitive pricing, and product lineup expansion

Restructuring Store/Brand Portfolio to Respond to Demographic Changes

• Opening stores in major city centers, near-station locations, commercial facilities, and in front of regional city stations (switching from suburban store openings)
• Planning approx. 70 new store openings in 2026

• Eliminating cannibalization between in-house brands and improving regional profitability
    - Converting regional roadside stores to "Sukesan Udon"
    - Converting to various business brands based on market characteristics

• Planning approx. 50 brand conversions in 2026

Accelerating Overseas Expansion with Store Openings in Asia

• Taiwan: Multi-store development of Sukesan Udon and Syabu-Yo (Planning to exceed 100 stores by the end of FY2026)
• Malaysia: Accelerating store openings for Suki-ya
• Commencing market entry into Indonesia

M&A: Promoting Store Expansion for Two Highly Profitable Companies (Sukesan and Sukiya Malaysia). Additionally, "Shinpachi Shokudo" Newly Joined Our Group

• Accelerating store openings for Sukesan and Malaysia Suki-ya by maximizing synergies, such as supply chain optimization
• With the acquisition of "Shinpachi Shokudo"—a unique specialist in traditional dried fish—we seek to expand authentic Japanese culinary culture across the country. This also strengthens our low-priced segment, further optimizing our overall brand portfolio
• Aactively consider M&A opportunities for new brands that contribute to the optimization of our store/brand portfolio, as well as those that strengthen our business foundation

Having successfully recovered from the COVID-19 pandemic, our company has entered a new phase of growth. To build a more robust management foundation for the future, Takuo Sato was appointed as the new President and COO on March 27. With extensive expertise in store operations and a proven track record of driving significant growth in our Taiwan business, he possesses all the essential qualities of a next-generation leader.
Under this new management structure, we will respond swiftly to the rapidly changing business environment, execute business strategies for sustainable growth, and strive to further enhance corporate value.

We kindly ask for your continued support to all our stakeholders.

Makoto Tani  Chairman and CEO
Takuo Sato  President and COO
SKYLARK HOLDINGS CO., LTD.
March 27, 2026

FY2025 Q4 Skylark Financial Results Presentation Material