IDOM : 1st Quarter Results for Fiscal Year Ending February 28, 2025

Q 1 F Y 2 0 2 5

1st Quarter Results

for Fiscal Year Ending February 28, 2025

J u l y 1 2 t h , 2 0 2 4

T S E P r i m e 7 5 9 9

I D O M I n c .

C o n t e n t s

1.	1st Quarter Results Summary FY2025	-4
2.	Market Environment Perception and Initiatives for Businesses	-15
3.	APPENDIX	-21
4.	APPENDIX (Supplementary Information on Results and Financial Matters)	-40

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1．1st Quarter Results Summary FY2025

Q1 FY2025 Results Highlights

Consolidated

Record quarterly operating profit

4.4 billion yen

Operating profit

+60.5% YoY

Retail sales Gross profit per retail unit

Gross profit per	400,000 yen/unit x
retail unit

Retail sales	Retail Unit Sales
Retail Unit	38,842 units
Sales

* 2025 indicates the fiscal year ending February 28, 2025.

• Operating profit increased 60.5% year on year, showing a good start toward the results forecast.
• A record high of 4.5 billion yen was achieved in the first quarter on a non-consolidated basis.
• Gross profit per retail unit maintained at high levels, showing an increase of 70,000 yen year on year.
• Retail unit sales: 38,842 units
• Retail unit sales remained mostly unchanged. (YoY: -400 units)

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Highlights Trend in FY2025 Operating Profit

Operating

profit

Ordinary profit

margin (%)

Operating

profit growth

rate

(billion yen)

Q1 (YoY)

Australian subsidiary whose shares were transferred

6.0 Consolidated（Excluding Australia）

4.0	1.2	1.3

2.0	3.9	4.0	2.8	4.4
0.0
2022	2023	2024	2025
	4.3%	3.9%	2.6%	3.5%
		3.4%	-47.3%	60.5%

(billion yen)

Quarterly trend

6.0
5.0
4.0
3.0		4.3			5.3			4.4
2.0		3.7
2.8
1.0
0.0
2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1
	2.6%	4.4%	3.6%	4.7%	3.5%

* 2025 indicates the fiscal year ending February 28, 2025.

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Highlights Trend in Gross Profit per Retail Unit

(ten thousand yen)

FY2023

FY2024

FY2025

50

45

45	43	46

Targeted gross profit per unit for the current year

40

40

3533

33

30

Q1

Q2

Q3

Q4

Maintained gross profit per retail unit.

* 2025 indicates the fiscal year ending February 28, 2025.

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Highlights KPIs for FY2025 Q1

		2023 Q1	2024 Q1	2025 Q1	Changes
Number	Store opening of large stores	3	0	1	+1
of stores	(stores)
	Number of retail unit sales	37.5	39.2	38.8	-0.4
Number	(thousand units)
of units	Number of wholesales unit			43.1	+8.8
	29.0	34.3
	(thousand units)
	Gross profit per retail unit	33	33	40	+7
Gross	(ten thousand yen)
profit per
unit	Gross profit per wholesale	10	9	12	+3
	unit (ten thousand yen)

Retail unit sales decreased slightly due to the curbing of discounted sales that had been conducted in the first quarter usually.

* 2025 indicates the fiscal year ending February 28, 2025.

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Consolidated FY2025 Q1 Results

(billion yen)	2024	2025	Ratio to net	YoY	Percent
sales	changes	change
		124.6
Net sales	105.3	100.0%	+19.3	+18.3%
Gross profit	17.1	21.5	17.3%	+4.4	+25.7%
Selling, general and	14.3	17.1	13.7%	+2.7	+19.0%
administrative expenses
Operating profit	2.8	4.4	3.5%	+1.7	+60.5%
Ordinary profit	2.7	4.3	3.5%	+1.6	+60.0%
Profit attributable	1.9	2.9	2.3%	+1.0	+55.3%
to owners of parent

* 2025 indicates the fiscal year ending February 28, 2025.

Consolidated FY2025 Analysis of Factors in YoY Change in Operating Profit

(billion yen)

Non-consolidated factors (+1.7)

• Retail sales increased 2.2 billion yen due to higher gross profit per unit, while wholesale sales were up 2.0 billion yen, reflecting the impact of an increase in units.
• Personnel expenses and hiring expenses increased due to high volume hiring in preparation for the opening of large stores.
• With large stores scheduled to open in the second half of 2024, rent expenses on land and buildings and advertising expenses increased.
• The results of subsidiaries showed a decrease of 0.1 billion yen.

* 2025 indicates the fiscal year ending February 28, 2025.

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