Edion Corporation · TSE:2730
Edion — FY2025 Earnings Presentation
38 slides from Edion's earnings presentation, May 11, 2026
Slide 1: Institutional Investor Meeting
FY03/2026 Institutional Investor Meeting Consolidated Financial Results for the 12 Months Ended March 31, 2026 (Under Japanese GAAP) EDION Corporation May 11, 2026 © EDION © Corporation EDION Corporation
Slide 2: Agenda
1. Results for FY03/2026 2. Estimates for FY03/2027 3. Key Topics 4. Medium-Term Management Vision 1 © EDION Corporation
Slide 3: 1. Results for FY03/2026
1. Results for FY03/2026 2 © EDION Corporation
Slide 4: Review of FY2025
Review of FY2025 YoY comparisons for all stores (orders received at POS) YoY (full year ) 103.1%（ existing store sales 103.3%） 130 1H YoY 100.8%（existing store sales 100.9%） 2H YoY 105.4%（ existing store sales 105.8%） 120 109.0 106.4 110.2 107.7 105.5 110 104.6 104.0 103.4 101.5 101.1 98.1 100 90.9
Slide 5: Consolidated Statements of Income
Consolidated Statements of Income FY03/2026 FY03/2026 Summary Million yen, % Revised Revised % of % of Sales % of Sales Results YoY Change Forecast Forecast FY03/2025 Net Sales Change Sales increased due to strong air conditioner sales, Net Sales 790,000 793,746 103.3 25,617 3,746 increased demand f
Slide 6: Summary of Financial Results
Summary of Financial Results (Cumulative total from April to March) Ordinary Net Sales GPM Profit Margin （JPY Bn.） 80% 8,000 800 Stay-at-home 817.2 demand ■Impact from change in 790.8 793.7 70% Consumption accounting policy 7,500 768.1 768.1 tax hike 60% 740.6 741.9 737.4 733.5 720.5 721.0 50% 7,000
Slide 7: Comparison of Orders by Product
Comparison of Orders by Product YoY (orders acquired at POS) TVs 130（％） ・Winter Games Cumulative total from April 120 ・ＷＢＣ to March YoY 100.2% 105.2 110.3 110 103.7 103.8 105.4 104.9 100.1 100 While TV sales had been in a 90 97.6 96.0 downward trend, they have 94.4 94.8 begun to bottom out and show
Slide 8: Comparison of Orders by Product
Comparison of Orders by Product YoY (orders acquired at POS) Refrigerators 120（％） Cumulative total from April 110 to March YoY 93.2% 102.2 100.5 96.0 98.6 100 93.5 93.3 90.8 In FY2025, POS sales fell below 96.8 previous year levels for several 90 consecutive months. This was 91.1 primarily impacted
Slide 9: Comparison of Orders by Product
Comparison of Orders by Product YoY (orders acquired at POS) PCs （％） 226.9 223.9 Windows 10 support to end 220 on October 14, 2025 Cumulative total from April 190 174.2 to March YoY 127.7% 160 130.4 107.7 118.0 120.9 120.8 118.9 115.8 130 Replacement demand leading up to the Windows 10 end-of- 92.2
Slide 10: Comparison of Orders by Product (Reference)
Comparison of Orders by Product (Reference) YoY (orders acquired at POS) 130 （％） Cell Phones 119.9 113.5 ( year-on-year unit volume ) 120 110 103.5 102.6 Cumulative total from April to March YoY 108.9% 100 90 80 第1四半期 1Q 第2四半期 2Q 第3四半期 3Q 第４四半期 4Q 150 （％） 138.3 Games and Toys 140 (game consoles, gam
Slide 11: Gross Profit Margin and SG&A Ratio
Gross Profit Margin and SG&A Ratio ● Gross Profit Margin ● SG&A-to-sales Ratio 31（％） 29（％） 29.38 29.38 29.26 29.07 29.01 26.7 28.68 27 26.7 26.6 29 26.0 25.9 25.4 25 27 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 Breakdown Breakdown Current Previous YoY Change SG&A Ratio: 25.4% (Down
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet (millions of yen) (millions of yen) 2025 2026 2025 2026 Assets Change Liabilities and Net Assets Change End of March End of March End of March End of March Cash and Deposits 8,834 8,958 123 Short-term Borrowings 31,255 13,199 △18,055 Merchandise and Current Portion of Long
Slide 13: Inventory Status
Inventory Status （JPY Bn.） Cumulative Year-on-year Comparison From April to March 121.0 120.0 -0.86 Achieved JPY 3.9 billion -0.69 reduction in inventory -1.63 -0.65 Air -0.24 -0.15 Other 116.1 -0.14 Conditioners Cell Washing Phones Machines Refrigerators TVs 115.0 ELS PCs 0.43 Business Continue to
Slide 14: Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows ● Changes in Cash and Deposits ● Consolidated Statements of Cash Flows 2025 2026 End of End of (millions of yen) (millions of yen) March March Income before income taxes 21,186 22,790 Provision for bonuses 445 271 (millions of yen) Trade receivables (increase) △
Slide 15: 2. Estimates for FY03/2027
2. Estimates for FY03/2027 14 © EDION Corporation
Slide 16: Consolidated Earnings Forecast
Consolidated Earnings Forecast 1H 2H FY03/2027 Million yen, % Forecast YoY Change Forecast YoY Change % of Sales Forecast % of FY03/26 YoY Change Net Sales 400,000 103.7 416,000 101.9 816,000 102.8 22,253 Gross Profit 119,800 103.9 116,000 103.3 28.90 235,800 103.6 8,180 SG&A Expenses 105,100 103.5
Slide 17: Store Openings, Relocations, and Closings
Store Openings, Relocations, and Closings (Actual and Planned) Relocations and End-of-Period New Openings Closures YoY Change Renovations Store Count Planned Full-year 3 5 - +3 457 FY03/2026 Actual Full-year 4 4* 5 -1 453 FY03/2027 Planned Full-year 2 7 - +2 455 *Includes one store other than electr
Slide 18: 3. Key Topics
3. Key Topics 17 © EDION Corporation
Slide 19: EDION Original PB Product [e angle]
EDION Original PB Product [e angle] A unique, out-of-the-box approach to home appliances. They are created by reexamining our daily lives. ● Check out the latest product lineup on the e-angle website (Japanese domestic specifications) https://www.edion.com/eangle *(Published in Japanese) 18 © EDION
Slide 20: Strengthen ELS Business
Strengthen ELS Business Aiming for JPY 100 Billion by FY2030 by Expanding Business Fields and Strategic Investment ● Trend in ELS Business ( Home Improvement ) Net Sales （JPY Bn.） 100 (Strategic Initiatives) * ●Expansion of small-scale renovation options for 66.8 65.1 63.3 62.0 existing stores 57.2
Slide 21: Inbound
Inbound Index of in-store visitors (number of customers making purchases) at EDION stores, index trend (April = 100) CHN Other Total other Imported 20% 140 watches 23% PC's Inbound 120 5% for 1.65% Household of total Hairdressi sales. goods etc.… ng Cooking products 100 appliances 15% Cell Game 9% p
Slide 22: E-commerce
E-commerce Trends in sales index (FY2020 = 100) 【EDION APP】* Over 15 million downloads!! EDION WEB SITE Mall Site Subsidiary operated Site 300 254 250 228 203 200 154 150 121 116 105 108 100 104 104 100 67 51 54 53 54 50 Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. 0 * EDION app is ful
Slide 23: Enhancement of Service Menu
Enhancement of Service Menu New services to support "peace of mind" and "cleanliness" of daily life started on April 1, 2026 Useful functions added EDION has added exterior wall to EDION Smart App! cleaning to its service menu! Before After “Keep a close eye on your family with the movement of home
Slide 24: Programming Education
Programming Education RoboDone has won the IID Award 2026 "Programming Education" Grand Prize https://robo-done.com/ RoboDone is a programming school operating for the Japanese market. Robot programming school for children from kindergarten to elementary school age. It boasts numerous awards and a b
Slide 25: 4. Medium-Term Management Vision
4. Medium-Term Management Vision A more detailed explanation of the new medium-term vision up to fiscal year 2030, as well as the design of the charts and graphs (including translations from Japanese), will be finalized in the integrated report for the fiscal year ending March 2026 (English version
Slide 26: Review of Medium-term Vision Announced in FY2022
Review of Medium-term Vision Announced in FY2022 Priority Results ● Completion of a nationwide logistics network ● Private label ratio: 35.6% (Target: 35%) ● Expansion of service menu ⇨ Air conditioner cleaning: 305,000 units ● App downloads exceeding 15 million ● In-house system development (utiliz
Slide 27: Towards FY2030
Towards FY2030 History So Far Next Transitional period Dawn period Expansion period Integration period A period in the middle of transition A new era or culture period A period in the middle of transition and not yet stable is about to begin Vision 2002 2005 2007 2008 2012 2017 2022 2024 2030 EDION
Slide 28: Future Home Electronics Market
Future Home Electronics Market Value Chain Manufacturer Wholesale Retailer Social Trends 1. The total number of households will peak in Domestic 2030 and then decrease. The average Manufacturers Home Electronics household size will reach 1.92 people by 2050. Sales Companies Affiliated Mass Retailers
Slide 29: New Medium-term Plan Vision
New Medium-term Plan Vision FY 2026 to FY 2030 Policy for formulation It is assumed that the environment of Japanese society will change drastically after 2030 It is important to build a management foundation that can respond to changes and develop sustainably Medium-Term Vision We will pursue effic
Slide 30: Pursuit of Efficiency
Pursuit of Efficiency Reduction of store operations and improvement of convenience Promotion of EDION Standards (ongoing) Unify store operations according to size, form, and customer conditions to improve operational efficiency and create contact time with customers Optimization of distribution syst
Slide 31: Personnel System and Organizational Reform
Personnel System and Organizational Reform Sustainable Discovery and Development of Future Human Resources Personnel System Reform FY2027 Reform of personnel system, which became complicated after the merger, to make it fair and fair Improve Employee Engagement Personnel System Human Resources Devel
Slide 32: Business Strategy
Business Strategy Evolution of Business Portfolio for Sustainable Value Creation Home Appliances Education Temporarily expand market and improve profit margin Strengthen initiatives to reach 10,000 students in fiscal 2030 • Response to revised energy-saving standards (FY 2027) • Elimination of fluor
Slide 33: Growth Strategy
Growth Strategy Opening Stores and New Businesses Expanding Market Share in Existing Areas Initiatives for New Businesses ● Plan to open 40 stores, including S & B, by 2030 ● Focus on environmental businesses Focus on opening stores in areas where demand is high but • Expansion of home appliance reu
Slide 34: Medium-term Targets
Medium-term Targets Targeting ROE Stability Through Enhanced Asset Efficiency and Increased Profitability Net Sales Ordinary Profit Net Income JPY 920bn JPY 35bn JPY 20bn Key Comparisons with FY2025 Key Comparisons with FY2025 Financial Indicators Gross Profit: +30 billion yen Existing Store Sales G
Slide 35: Cash Allocation
Cash Allocation 5 Year Cash Allocation Plan Source of Cash Cash Allocation Unit: 1 million yen Investment for Growth ・Opening new stores and promoting digital transformation Operating Cash Flow ・M & A, etc. 160,000 100,000 Along with expanding areas and business (62.5%) domains Proactive investment
Slide 36: ESG Sustainability Initiatives
ESG Sustainability Initiatives We Strive to be a Company That Continually Endeavors to Support Richness and Abundance in Our Customers’ Lives Environment Social Governance ● CO2 emission reduction target: ● Promoting Human Resource ● Transition to Company with Audit and ・Establishment of roadmap for
Slide 37: Dividends and Share Prices
Dividends and Share Prices Interim dividend While striving to improve capital efficiency, as measured through ROIC growth, we will focus on 80 Year-end dividend maintaining a sound and stable balance sheet. Commemorative dividend 50.0% JPY 55.0% 70 Payout ratio 39.2% 45.0% 1. Dividend Policy 35.1% 3
Slide 38: Disclaimer
Disclaimer The financial forecasts and other forward-looking statements in these materials are based on judgment made under normally foreseeable conditions, in accordance with information reasonably available to the Company as of the date these materials were produced. The forward-looking statements