Consolidated Financial Results for the Fiscal Year Ended March 31, 2026

May 14, 2026

Company name: Seibu Holdings Inc.

Listing: Tokyo Stock Exchange

Securities code: 9024

URL: https://www.seibuholdings.co.jp/en/

Representative: NISHIYAMA Ryuichiro, President and Representative Director, CEO and COO Inquiries: TATARA Yoshihiro, Senior Managing Officer,

General Manager of Corporate Communication Tel: +81-3-6709-3112

Scheduled date of annual general meeting of shareholders: June 24, 2026

Scheduled date to commence dividend payments: June 25, 2026

Scheduled date to file annual securities report: June 19, 2026 Preparation of supplementary results briefing material on financial results: Yes

Holding of financial results presentation meeting: Yes (for institutional investors and analysts)

(Note: Millions of yen with fractional amounts truncated, unless otherwise noted)

1. Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 (from April 1, 2025 to March 31, 2026)

   1. Consolidated Operating Results (Percentages indicate year-on-year changes)

      	Operating revenue		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Fiscal year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      March 31, 2026	513,286	(43.0)	45,522	(84.4)	45,821	(84.1)	38,857	(84.9)
      March 31, 2025	901,131	88.7	292,735	513.6	287,639	568.9	258,182	856.6

      Note:	Comprehensive income
      	For the fiscal year ended March 31, 2026:	¥66,890 million [(75.6)%]
      	For the fiscal year ended March 31, 2025:	¥274,564 million [324.1%]

      	Basic earnings per share	Diluted earnings per share	Return on equity	Ratio of ordinary profit to total assets	Ratio of operating profit to net sales
      Fiscal year ended	Yen	Yen	%	%	%
      March 31, 2026	150.93	150.88	6.9	2.6	8.9
      March 31, 2025	901.99	901.67	52.2	16.6	32.5

      Reference: Share of profit (loss) of entities accounted for using equity method For the fiscal year ended March 31, 2026: ¥(6) million For the fiscal year ended March 31, 2025: ¥36 million

   2. Consolidated Financial Position

      	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
      As of	Millions of yen	Millions of yen	%	Yen
      March 31, 2026	1,730,654	574,537	32.9	2,237.65
      March 31, 2025	1,834,120	567,128	30.6	2,117.32

      Reference: Equity (Net assets − Share acquisition rights − Non-controlling interests) As of March 31, 2026: ¥568,760 million

      As of March 31, 2025: ¥561,577 million

   3. Consolidated Cash Flows

   	Net cash provided by (used in) operating activities	Net cash provided by (used in) investing activities	Net cash provided by (used in) financing activities	Cash and cash equivalents at end of period
   Fiscal year ended March 31, 2026 March 31, 2025	Millions of yen 1,528 474,378	Millions of yen (145,757) (93,692)	Millions of yen (76,733) (136,394)	Millions of yen 56,107 276,953

2. Cash Dividends

   	Cash dividends per share					Total cash dividends (Annual)	Dividend payout ratio (Consolidated)	Dividend on equity ratio* (Consolidated)
   	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Total
   Fiscal year ended March 31, 2025 March 31, 2026	Yen - -	Yen 15.00 20.00	Yen - -	Yen 25.00 22.00	Yen 40.00 42.00	Millions of yen 12,769 12,889	% 4.4 27.8	% 2.7 2.4
   Fiscal year ending March 31, 2027 (Forecast)	-	21.00	-	21.00	42.00		39.5

   * The Company has disclosed the dividend on equity ratio (DOE) based on the shareholder return policy.

3. Consolidated Earnings Forecasts for the Fiscal Year Ending March 31, 2027 (from April 1, 2026 to March 31, 2027)

(Percentages indicate year-on-year changes)

• Notes

  1. Significant changes in scope of consolidation during the period: Yes

     Newly included: 25 companies (Ace Hotels Worldwide Inc. and other 24 companies)

     Note: For details, please refer to page 15 of the Attached Materials, “Notes on change in scope of consolidation or application of the equity method” of “(5) Notes to consolidated financial statements” under “3. Consolidated Financial Statements and Significant Notes Thereto.”

  2. Changes in accounting policies, changes in accounting estimates, and restatements of prior period financial statements

     1. Changes in accounting policies due to revisions to accounting standards and other regulations: None

     2. Changes in accounting policies due to other reasons: None

     3. Changes in accounting estimates: None

     4. Restatements of prior period financial statements: None

  3. Number of issued shares (common shares)

     1. Total number of issued shares at the end of the period (including treasury shares)

        As of March 31, 2026	305,775,520 shares
        As of March 31, 2025	323,462,920 shares

     2. Number of treasury shares at the end of the period

        As of March 31, 2026	51,597,732 shares
        As of March 31, 2025	58,232,238 shares

     3. Average number of outstanding shares during the period

        Fiscal year ended March 31, 2026	257,450,670 shares
        Fiscal year ended March 31, 2025	286,238,172 shares

        Notes: 1. The Company’s shares held by the share-based benefit trusts are included in the number of treasury shares at the end of the period (3,141,600 shares as of March 31, 2026 and 3,521,400 shares as of March 31, 2025). Also, the Company’s shares held by the share-based benefit trusts are included in treasury shares that are deducted for calculation of the average number of outstanding shares during the period (3,314,499 shares for the fiscal year ended March 31, 2026 and 1,057,990 shares for the fiscal year ended March 31, 2025).

        1. The portion attributable to the Company of the treasury shares (shares of the Company) held by a consolidated subsidiary is included in the number of treasury shares at the end of the period (48,271,261 shares as of March 31, 2026 and 48,037,414 shares as of March 31, 2025). Furthermore, the portion attributable to the Company of the treasury shares (shares of the Company) held by a consolidated subsidiary is included in treasury shares that are deducted in the calculation of the average number of outstanding shares during the period (48,153,475 shares for the fiscal year ended March 31, 2026 and 34,983,786 shares for the fiscal year ended March 31, 2025).

        2. For further details about the number of shares as a basis of calculation of basic earnings per share (consolidated), please refer to page 20 of the Attached Materials, “Notes on per share information” of “(5) Notes to consolidated financial statements” under “3. Consolidated Financial Statements and Significant Notes Thereto.”

Non-Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 (from April 1, 2025 to March 31, 2026)

1. Non-Consolidated Operating Results (Percentages indicate year-on-year changes)

   	Operating revenue		Operating profit		Ordinary profit		Profit
   Fiscal year ended March 31, 2026 March 31, 2025	Millions of yen 119,070 35,787	% 232.7 132.0	Millions of yen 104,525 19,939	% 424.2 681.2	Millions of yen 107,518 20,283	% 430.1 520.3	Millions of yen 106,192 19,906	% 433.5 697.1

   	Basic earnings per share	Diluted earnings per share
   Fiscal year ended	Yen	Yen
   March 31, 2026	347.48	347.38
   March 31, 2025	61.97	61.95

2. Non-Consolidated Financial Position

Reference: Equity (Net assets)

As of March 31, 2026: ¥389,738 million

As of March 31, 2025: ¥345,191 million

• Financial results reports are exempt from audit conducted by certified public accountants or an audit corporation.

• Proper use of earnings forecasts, and other special notes

The business forecasts, targets, plans, forecasts and other forward-looking information of the Group contained in this material should be regarded as the judgment and thoughts of the Company at the present point in time, that have been created based on information currently available as of the release of this material. Actual results of earnings, financial position, etc. of the Group may differ significantly from the content of this material or the content surmised from this material due to various factors of uncertainty at the time of this material’s preparation, including fluctuations in the state of domestic and global politics, economies and financial conditions, and the status of measures aimed for in “Overview of financial results for the fiscal year ended March 31, 2026” announced separately today.

About the matters regarding earnings forecasts (consolidated earnings forecasts for the fiscal year ending March 31, 2027), please refer to page 5 of the Attached Materials, “(4) Future outlook” under “1. Review of Operating Results and Others.”

1. Review of Operating Results and Others 2
   1. Review of operating results for the fiscal year ended March 31, 2026 2
   2. Review of financial position for the fiscal year ended March 31, 2026 3
   3. Review of cash flows for the fiscal year ended March 31, 2026 3
   4. Future outlook 5
   5. Basic policy on profit distribution and dividends for the current period and the following period 6
2. Basic Rationale for Selecting the Accounting Standard 6
3. Consolidated Financial Statements and Significant Notes Thereto 7
   1. Consolidated balance sheet 7
   2. Consolidated statements of income and comprehensive income 9Consolidated statement of income 9Consolidated statement of comprehensive income 10
   3. Consolidated statements of changes in equity 11
   4. Consolidated statements of cash flows 13
   5. Notes to consolidated financial statements 15

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