Bellpark Co., Ltd. · TSE:9441

Bellpark — Q1 2026 Earnings Presentation

15 slides from Bellpark's earnings presentation, May 12, 2026

  1. Slide 1: Results of Operations

    Results of Operations Q1 FY2026 (January–December 2026) May 12, 2026 Bell-Park Co., Ltd. TSE Standard / Stock code: 9441 © Bell-Park Co.,Ltd. All rights reserved

  2. Slide 2: Statement of Income

    Statement of Income 1Q Accounting Period (million yen) 2025 1Q 2026 1Q YoY change Net sales 34,250 36,215 +1,965 (Comp.) (100.0%) (100.0%) +5.7% Operating income 2,455 2,732 +276 (7.2%) (7.5%) +11.3% Ordinary income 2,523 2,809 +285 (7.4%) (7.8%) +11.3% Profit attributable to 1,720 1,910 +189 owners

  3. Slide 3: 1Q Sales Channel Topics

    1Q Sales Channel Topics 1Q Accounting Period Impact on Sales channels Impact on net sales operating income Topics (YoY change) (YoY change) Expanding the customer base expected to remain long- term users • Promoting bundled sales of mobile devices (with service contract), fiber- optic lines, and cre

  4. Slide 4: 2026 Progress vs. Full-Year Consolidated Forecasts

    2026 Progress vs. Full-Year Consolidated Forecasts 2026 1Q Progress (million yen) Full-year Full-year Full-year forecast: forecast: forecast: 120,000 5,000 3,300 [For reference] 2025 1Q Progress (First-half: 62,000) (First-half: 2,700) (First-half: 1,800) Full-year Full-year Full-year results: resul

  5. Slide 5: Dividends and Shareholder Returns

    Dividends and Shareholder Returns Fundamental policy regarding distribution of earnings Consolidated payout ratio 2026 dividend forecast: 102 yen at least 30% Shareholder Dividends per Share Returns Forecast (million yen) Total shareholder return ratio 102.0 yen 102.0 yen Purchase of treasury stock

  6. Slide 6: Appendix

    Appendix © Bell-Park Co.,Ltd. All rights reserved 6

  7. Slide 7: Profile of Bell-Park

    Profile of Bell-Park Name : Bell-Park Co., Ltd. Business Information and communication device sales and service business Capital 1,148 million yen (as of Mar. 31, 2026) No. of carrier shops (as of Mar. 31, 2026) Hirakawacho Center Bldg., 1-4-12 Headquarters Hirakawa-cho, Chiyoda-ku, Tokyo Total: 318

  8. Slide 8: Quarterly Financial Summary

    Quarterly Financial Summary (million yen) 2024 1Q 2025 1Q 2026 1Q Net sales 30,590 34,250 36,215 Gross profit 7,208 8,187 9,395 Personnel, etc. 3,195 3,156 3,417 Rent 730 704 690 Ads/sales promotion 509 880 1,540 Others 931 990 1,014 SG&A expenses 5,366 5,732 6,663 Operating income 1,841 2,455 2,732

  9. Slide 9: Financial Results: YoY Comparison

    Financial Results: YoY Comparison (million yen) 2025 1Q 2026 1Q YoY change Net sales 34,250 36,215 +1,965 +5.7% Gross profit 8,187 9,395 +1,207 +14.7% Personnel, etc. 3,156 3,417 +261 +8.3% Rent 704 690 -13 -2.0% Ads/sales promotion 880 1,540 +659 +74.9% Others 990 1,014 +24 +2.4% SG&A expenses 5,73

  10. Slide 10: Number of Carrier Shops

    Number of Carrier Shops (stores) SoftBank Shop Y!mobile Shop Docomo Shop au Shop End of Dec. 2022 End of Dec. 2023 End of Dec. 2024 End of Dec. 2025 End of Mar. 2026 © Bell-Park Co.,Ltd. All rights reserved 10

  11. Slide 11: Number of Employees

    Number of Employees (persons) Full-time employees Temporary employees End of Dec. 2022 End of Dec. 2023 End of Dec. 2024 End of Dec. 2025 End of Mar. 2026 © Bell-Park Co.,Ltd. All rights reserved 11

  12. Slide 12: Quarterly Sales Volume

    Quarterly Sales Volume Sales of (10 thousand units) Sales to new Phone-only sales subscribers Replacement mobile phones 2024 2025 2026 © Bell-Park Co.,Ltd. All rights reserved 12

  13. Slide 13: Financial Position (B/S)

    Financial Position (B/S) (million yen) End of Dec. 2025 End of Mar. 2026 Change Current assets 34,947 39,880 +4,933 Non-current 8,650 8,649 -0 assets Total assets 43,597 48,529 +4,932 Current liabilities 15,901 19,730 +3,829 Non-current 745 739 -5 liabilities Total liabilities 16,646 20,470 +3,823 N

  14. Slide 14: Activities for a Sustainable Society

    Activities for a Sustainable Society Key Issues (1) Environmental Responsibility Key Issues (2) Customer's Smile • Efforts to reduce greenhouse gas emissions • Strengthening consulting skills • Customer support (Installation of internal power generation, use of energy from renewable sources, reducti

  15. Slide 15: Forward-looking Statements

    Forward-looking Statements All plans, strategies and financial forecasts that are not based on historical facts are forward-looking statements. Such statements are based on the judgment of the Company in accordance with information available when these materials were prepared. Actual results may dif

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