SAKURASAKU PLUS,Co.,Ltd. Q4 FY2025 earnings call

• Capital Policy and Shareholder Returns • Introduced a new shareholder benefit program for holdings of 200+ shares, providing a total of 20 thousand yen in QUO cards per year, to thank shareholders and encourage long-term holding • Committed to stable, continuous shareholder returns, with a planned 5th consecutive year of dividend increases for FY2026 July

• Operational Milestones • Completed handover of the Asakusa child support housing project in April 2025 and recognized related revenue; launched buy-renovate-resell operations for renovated condominiums • Acquired 100% of shares of YELL, a women's supplement seller, in September 2024, marking full entry into the femtech/femcare market • Conducted a review of unprofitable operations, closing 1 bakery cafe location and 1 cram school facility • Recorded impairment losses on some underperforming childcare facilities and the closed bakery cafe

• Strategic Direction • Mission is to

The transcript does not provide explicitly segmented financial performance with absolute values and revenue contribution percentages for each individual product segment. Aggregate consolidated results for FY2025 July are: total revenue of 18.388 billion yen (6.8% YoY increase), operating profit of 1.139 billion yen (46.9% YoY increase), ordinary profit of 1.032 billion yen (18.5% YoY increase), and net income attributable to parent company shareholders of 0.611 billion yen (0.7% YoY increase). The company operates five broad business categories: 1) Core: Childcare services (88 facilities, ~5,000 users, main growth driver supported by increased government subsidies and rising enrollment); 2) Real estate planning and development (childcare-friendly housing development and buy-renovate-resell business, contributed large one-time revenue and profit growth in Q3 FY2025); 3) Core know-how utilization: Information asset services (ICT-enabled services for parents via Mirai Palette) and training services for childcare workers via Design Laboratory for Childcare); 4) Femcare/Femtech services (new segment via full acquisition of YELL in September 2024, selling the Mama Yell supplement line for pregnant and postpartum women); 5) Other peripheral childcare-related services (cram school, food education, closed 1 unprofitable bakery cafe and 1 unprofitable cram school facility in FY2025).

• For FY2026 July, management forecasts total revenue of 17.81 billion yen (3.1% YoY decrease), a decline driven by the one-time outsized real estate sales contribution in FY2025. Operating profit is forecast at 0.986 billion yen (13.4% YoY decrease). • Management expects growth to resume from FY2027 July, forecasting revenue of 19.14 billion yen in FY2027 and 20.158 billion yen in FY2028. Operating profit is forecast to rise to 1.208 billion yen in FY2027 and 1.339 billion yen in FY2028. • A 5th consecutive annual dividend increase is planned for FY2026 July, with a full-year dividend of 28 yen per share (up from 24 yen per share in FY2025), resulting in a forecast payout ratio of 14.9%. • The shareholder benefit program offering 20 thousand yen per year in QUO cards will be continued in FY2026. • Planned operational activities for FY2026 include opening 1 new childcare facility in Chuo Ward, Osaka, expanding capacity at the existing Harumi-en facility to increase total child acceptance, and advancing new child support housing development projects. Growth from expanded training services and femcare/femtech operations is already incorporated into the FY2026 forecast.

• The company recorded impairment losses on some childcare facilities and the closed unprofitable bakery cafe in FY2025, reflecting ongoing pressure from underperforming non-core assets. • Rising labor costs from employee welfare improvements and persistent high commodity prices create ongoing margin pressure that offsets some growth gains. • Full expansion into the new femcare/femtech market carries unproven execution risk, as it is a newly entered segment with no established long-term track record for the company. • Revenue and profit volatility from the real estate development segment, as seen in the large one-time contribution in FY2025 followed by an expected decline in FY2026, creates inconsistent top-line and bottom-line performance. • The company operates in a declining overall population market in Japan, though management frames this as an opportunity given growing demand for childcare support for dual-income households.

No formal question and answer section is included in the provided transcript.