Valor Holdings Co., Ltd. · TSE:9956

Valor — FY2026 Earnings Presentation

39 slides from Valor's earnings presentation, May 2026

  1. Slide 1: Cautionary Statement Regarding This Document

    ＜Cautionary Statement Regarding This Document＞ Forward-looking statements are based on the information available to Valor and its consolidated subsidiaries when preparing this presentation. Various factors in the future may cause our actual results to be materially different from any future results

  2. Slide 2: Message from President

    Message from President valor. Developing an Outstanding Presence as a Destination Company We launched initiatives to test new store formats and shifted our management focus toward enhancing product capabilities and store appeal, rather than relying solely on increasing the number of stores, in antic

  3. Slide 3: Key Points: FY2026 Summary of Consolidated Results

    Key Points Valatitins FY2026 Summary of Consolidated Results Recorded the 31st consecutive year of revenue growth, with operating revenue and profits at all levels reaching record highs Achieved the final-year targets of the current medium-term strategic plan (including operating revenue of ¥910.0B)

  4. Slide 4: Contents

    Contents Valtiins I. FY2026 Results Summary ©2026 Valor Holdings Co.,Ltd. 4

  5. Slide 5: I. FY2026 Results Summary

    Valottinines I. FY2026 Results Summary I. FY202'7 Forecast Executive Director Akira Shinohana ©2026 Valor Holdings Co.,Ltd. 5

  6. Slide 6: FY2026 Consolidated Business Results

    FY2026 Consolidated Business Results Val orfiscincs (> highs SM business drove growth, marking the 31st consecutive year of revenue growth; operating, ordinary, and net profit reached record > Continued growth investments while limiting impairment losses through stronger investment discipline FY2024

  7. Slide 7:   60,000 55,000 50,000 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 7

      60,000 55,000 50,000 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 7

  8. Slide 8: Segment Results

    Segment Results Valorfinines In addition to strong growth in the SM business, the distribution-related business made a significant contribution to profit growth In the drugstore business, profitability improved in the second half through expansion of dispensing functions and revision of merchandise

  9. Slide 9: Trends in Key Management Indicators

    Trends in Key Management Indicatorsyalorz; loldings > ROE improved to 9.2% and ROIC to 5.6%, reflecting steady improvement in capital efficiency > Maintained a sound financial balance while continuing growth investments Results Results Results ROA 5.9% ROR 3.2% Total Asset Turnover 7.9x ROE 7.5% ROI

  10. Slide 10: Medium-Term Plan Progress and Outperformance Drivers

    Medium-Term Plan Progress and = Outperformance Drivers Valotfoidings Achieved Final-Year Targets One Year Outperformance Drivers Ahead of Schedule (PY in billions) FY27 Target FY26 Results Growth of) ea = A Operating 910.0 924.1 b hy Sb) See Higher trafic / y meinges aD strong new stores revenue : .

  11. Slide 11: Contents

    Contents Val riins 1. FY202'7 Forecast ©2026 Valor Holdings Co.,Ltd. 11

  12. Slide 12: FY2027 Forecast

    FY2027 Forecast Val st fodings > In light of rising raw material prices, weakening consumer sentiment, geopolitical risks, and other uncertainties in the external environment, the FY2027 plan was formulated conservatively > Inthe SM business, efforts to increase basket size will be driven by new sto

  13. Slide 13: Store Count and Capital Investment Plan

    Store Count and Capital Investment Plan valgrz; loldings Vv Opening of SM Valor’s second Kanto store to accelerate expansion into new markets Upfront investments in logistics, manufacturing, and processing infrastructure in Kansai > Planned CapEx: ¥48.0B (new stores ¥24.9B / existing stores ¥19.6B /

  14. Slide 14: 14/3 FY15 15/3 FY16 16/3 FY17

      10/3 11/3 FY10 FY11 12/3 FY12 13/3 14/3 FY15 FY13 FY14 15/3 FY16 16/3 FY17 17/3 FY18 18/3 FY19 19/3 20/3 21/3 FY22 FY20 FY21 22/3 FY23 23/3 FY24 24/3 FY25 25/3 26/3 FY26 27/3e FY27e 14

  15. Slide 15: Contents

    Contents Valtiins Il. Valor Group Growth Strategy ©2026 Valor Holdings Co.,Ltd. 15

  16. Slide 16: II. Valor Group Growth Strategy

    Valstfiines Il. Valor Group Growth Strategy President Takayuki Koike ©2026 Valor Holdings Co.,Ltd. 16

  17. Slide 17: Industry Outlook and Future Growth Strategy

    A2) Industry Outlook Valsttitines Al and Future Growth Strategy > In preparation for intensifying competition, pursuing both scale expansion, “quantity,” and internal structural reform, “quality” Shift from “Quantity” i “eo Return to the strength to “Quality STEPS @ of individual businesses STEP2 Fu

  18. Slide 18: A1 A1 0 物流のマルチ化、HDグリップ

    スライド 17 A1 業界の認識と今後の成⾧戦略 作成者, 2026-05-06T01:09:18.627 A1 0 寡占化で小売りがイニシアティブをとるやれることが増える やるべき2点 →総量をとったところで勝てない個々の強さ →今の資源を再構築する 物流のマルチ化、HDグリップ 成⾧の加速の仕方が変わる 量から質の戦いに入る 作成者, 2026-05-06T01:09:48.961 A1 1 キーワード 成⾧の加速の仕方が変わる 量から質の戦いに入る 作成者, 2026-05-06T01:12:23.127 A1 2 質＝生鮮売り比と粗利の話が出来るとよい 店の1店売上 堺豊田以降ぐらいで

  19. Slide 19: SM Business: Evolution as a Growth Engine

    “ SM Business: ValstTitins Evolution as a Growth Engine > Fresh food, SPA capabilities, and PB products centered on seafood and bakery categories performed strongly in new markets, including Kanto and Kansai -Seasonal merchandising, including fresh seafood counter sales *Fresh food SPA initiatives (

  20. Slide 20: A1 A1 0 PBの構成比

    スライド 18 A1 質＝生鮮売り比と粗利の話が出来るとよい 店の1店売上 堺豊田以降ぐらいで 作成者, 2026-05-06T01:20:07.241 A1 0 PBの構成比 作成者, 2026-05-06T01:20:24.103 A1 1 概要の好循環 SM好調を利用したスパイラルがダイエンフーズや大東＋ライクスタカギ、のような複数巻き込みしたものが出来ている。マグロレストランのブランド化 2号店、商品展開 ガラムとマサラのカレーパンの循環、数字で工場の稼働率などいえるとよし 作成者, 2026-05-06T01:23:16.605

  21. Slide 21: SM Business: Progress in the Kansai Area

    AL . SM Business: Progress in the Kansai Area __Valstrisare > The Kansai area expanded to 52 stores and a ¥75.0B business scale, with the next phase focused on establishing a solid earnings base >» Expanded operational capabilities through the establishment of a new process center and ‘ G Sales per

  22. Slide 22: スライド A1 地図を出して示してほしい、経営執行会議に資料がある。 作成者, 2026-05-06T01:15:33.247 A1 0 大垣と名古屋が入るような地図 作成者, 2026-05-06T01:16:35.854 A1 1…

    スライド 19 A1 地図を出して示してほしい、経営執行会議に資料がある。 作成者, 2026-05-06T01:15:33.247 A1 0 大垣と名古屋が入るような地図 作成者, 2026-05-06T01:16:35.854 A1 1 絵のバランスが悪ければ関西だけ 作成者, 2026-05-06T01:17:21.698 A1 2 関西は収益安定化、 関東は2号店、3号店 作成者, 2026-05-06T01:28:54.101 A1 3 関西は1000億円収益化、関東は知見を深めていく。 作成者, 2026-05-06T01:30:50.179 A1 4 エリア関西1ページ、関東＋ド

  23. Slide 23: Progress in Kanto Area & Progress at Domy

    Progress in Kanto Area & Progress at Domy > Accelerating expansion in Kanto based on the proven model of the first Valor store > Strengthening on-site capabilities and leveraging shared systems and infrastructure at Domy Securing store property information 220 Benefits in 0 recruitment Future expans

  24. Slide 24: スライド A1 ドミーの生鮮の伸びが異常値がでている。 改装した店の2店舗もしくは対面導入 作成者, 2026-05-11T06:56:08.755 A2 関西進捗、関東進捗、ドミナント内の進捗 作成者, 2026-05-11T06:…

    スライド 20 A1 ドミーの生鮮の伸びが異常値がでている。 改装した店の2店舗もしくは対面導入 作成者, 2026-05-11T06:56:08.755 A2 関西進捗、関東進捗、ドミナント内の進捗 作成者, 2026-05-11T06:59:42.711

  25. Slide 25: Strengthening Manufacturing-Retail Capabilities

    Al Strengthening Manufacturing-Retail Capabilities > Category spin-offs from SM operations feeding back into the SM business, creating a virtuous cycle through vertical integration , c ¢ g5 of se wn Lo Par 2o o Ss 95 o 2 Fi ad Improved Factory and other channels Sold across the SM Group Chubu Foods

  26. Slide 26: スライド A1 洋日配の 鍋焼きうどん 作成者, 2026-05-11T06:50:53.917

    スライド 21 A1 洋日配の 鍋焼きうどん 作成者, 2026-05-11T06:50:53.917

  27. Slide 27: No.1 No.4

    A1  Grand No.1 Gold Prize Grand No.4 Prize 22

  28. Slide 28: スライド A1 ２１は問題なし 作成者, 2026-05-06T01:12:49.559

    スライド 22 A1 ２１は問題なし 作成者, 2026-05-06T01:12:49.559

  29. Slide 29: Human Resource Development as a Key Growth Driver

    Al Human Resource Development as a Key Growth Driver > Approx. 600 annual training sessions for around 5,200 participants at the Human Resource Development Center > Sharing corporate philosophy and values across the Group to strengthen organizational cohesion jings Over 5,000 oo (3) (4) Hands-on Dia

  30. Slide 30: スライド A1 技能実習生の教育についても追記、人数教育内容 作成者, 2026-05-06T01:18:12.177

    スライド 23 A1 技能実習生の教育についても追記、人数教育内容 作成者, 2026-05-06T01:18:12.177

  31. Slide 31: Profitability Improvement across Businesses

    Profitability Improvement across Businesses Valor: loldings > Improved profitability in HC, Sports Club, and VFS valor Financial Service) > All segments profitable Drugstores + Higher dispensing volume + Community healthcare infrastructure * Focus on core categories + Structural reform + Profitabili

  32. Slide 32: Collaboration with KOHNAN SHOJI

    Al Collaboration with KOHNAN SHOJI valottinincs Capital and Business Alliance Structure Capital and Business Valor Holdings KOHNAN SHOJI Alliance Voting Rights Voting Rights EEE Ownership Ratio Ownership Ratio Approx. 50.6% Alleanza Holdings Approx. 49.4% (Consolidated Subsidiary) Synergies for the

  33. Slide 33: A1 A1 0 物流は下で全体、PBがアレンザ

    スライド 25 A1 コーナン 外部への案内 アレンザとバロー 物流 作成者, 2026-05-06T01:37:07.425 A1 0 物流は下で全体、PBがアレンザ 作成者, 2026-05-06T01:38:22.146

  34. Slide 34: [Ref.] Investments and Impairment Losses

    Al) [Ref.] Investments and Impairment Losses Valorfiscincs > Maximized asset efficiency through second-generation properties, alliances with other companies, and resource sharing across the Group > Maintained disciplined control over investments and impairment losses, with continued focus going forw

  35. Slide 35: A1 ROICもしくはROE A1 0

    スライド 26 A1 ROICもしくはROE 作成者, 2026-05-11T06:56:56.382 A1 0 表にして 作成者, 2026-05-11T06:57:51.029 A1 1 下のコメントを簡潔に 作成者, 2026-05-11T07:03:30.901 A1 2 資産の有効活用居抜き物件、他社とのアライアンス、マルチ化。 投資と減損のコントロールを順調に推移、今後も継続 作成者, 2026-05-11T07:04:48.536

  36. Slide 36: [Ref.] Business Strategy by Segment

    [Ref.] Business Strategy by Segment valormuincs (JPY in millions) Operating Revenue FY2025 FY2026 FY2027 FY2025 FY2026 Segment Profit FY2027 Results Results Supermarkets 483,357 540,761 600,000 +77.0%| 19,469 22,123 24,100 +8.9% Drugstores 177,344 184,459 194,000 +5.2% 4,017 3,784 3,850 +1.7% come I

  37. Slide 37: CO2 emissions at own sites

    CO2 emissions at own sites CO2 emissions at own sites 28

  38. Slide 38: Disclaimer

    Disclaimer Valor foinos * This material is provided for informational purposes only and does not constitute a solicitation or recommendation to take any action. It has been prepared by Valor Holdings based on information deemed reliable at the time of preparation; however, it includes risks and unce

  39. Slide 39: Valorfodinas

    Valorfodinas https://valorholdings.co.jp/

Valor Holdings — FY2026 Earnings Presentation on 6ix