Consolidated Revenue Report March 2026

March

H1 Total

Department Store Business

3.3

-

SC Business

1.9

-

Developer Business

(12.4)

-

Payment and Finance Business

19.0

-

Other

0.1

-

Total Consolidated

(0.7)

-

March

H1 Total

4.9

-

6.7

-

(12.4)

-

19.0

-

(0.0)

-

3.8

-

Notes:

1. J. Front Retailing (the "Company") has voluntarily applied the International Financial Reporting Standards (IFRS) since March 2017.

2. Gross sales are calculated by converting sales from purchase recorded at the time of sale (shoka shiire ) of the Department Store Business

which are recognized as revenue under IFRS, into gross amount and converting the net amount of sales of the "SC Business" into tenant transaction

volume (gross amount basis).

3. Each figure of the reportable segment above is calculated based on simple sum of entities included in each segment.

Therefore, intercompany transactions within each segment are not eliminated.

2. Sales of Department Store Business (Gross sales)

a) Sales and Customer Traffic of Each Store (% change year on year)

March

H1 Total

Sales

Customer traffic

Sales

Customer traffic

Daimaru Shinsaibashi

8.5

0.5

-

-

Daimaru Umeda

(26.4)

(7.0)

-

-

Daimaru Tokyo

8.3

3.0

-

-

Daimaru Kyoto

0.9

(3.1)

-

-

Daimaru Kobe

4.1

2.0

-

-

Daimaru Suma

0.3

(6.4)

-

-

Daimaru Ashiya

(6.1)

(4.2)

-

-

Daimaru Sapporo

13.0

(2.3)

-

-

Daimaru Shimonoseki

(4.1)

2.0

-

-

Matsuzakaya Nagoya

14.9

(2.3)

-

-

Matsuzakaya Ueno

(0.0)

3.8

-

-

Matsuzakaya Shizuoka

5.6

1.2

-

-

Matsuzakaya Takatsuki

2.0

3.9

-

-

Total stores

5.0

(1.2)

-

-

Corporations, head office, etc.

12.1

-

-

-

Total Daimaru Matsuzakaya

5.4

(1.2)

-

-

Of which: net sales of goods

5.6

-

-

-

Of which: real estate lease revenue

0.6

-

-

-

Hakata Daimaru

(2.0)

(3.2)

-

-

Kochi Daimaru

1.6

5.1

-

-

Total Department Store Business

4.9

(1.2)

-

-

Total all stores

March

H1 Total

Men's clothing

(7.8)

-

Women's clothing

8.4

-

Children's clothing

(11.6)

-

Other clothing

(10.0)

-

Total clothing

6.3

-

Accessories

(9.0)

-

Cosmetics

3.2

-

Fine arts / jewelry / precious metals

22.1

-

Other general goods

3.2

-

Total general goods

11.5

-

Furniture

11.1

-

Electric appliances

60.6

-

Other household goods

1.4

-

Total household goods

3.9

-

Perishable foods

(1.8)

-

Confectionary

5.9

-

Delicatessen

(3.2)

-

Other foods

3.1

-

Total foods

2.1

-

Restaurants & cafés

(5.2)

-

Services

20.2

-

Other

7.9

-

Total

5.6

-

3. Tenant Transaction Volume of PARCO Stores

*"Tenant transaction volume" is the total value of the tenant transaction volume (sales) of PARCO stores. Previous year values are also calculated using

the same standards.

Total all stores

March

H1 Total

Clothing

7.3

-

Accessories

5.6

-

General goods

12.9

-

Foods

(1.0)

-

Restaurants & cafés

1.6

-

Other

8.2

-

Total

7.5

-