Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy
between this translated document and the Japanese original, the original shall prevail.

KOBE BUSSAN CO., LTD.
February 22, 2024
Company name:Securities code:
Listing:
Representative:
Contact:

Kobe Bussan Co., Ltd.
3038
Prime Market of Tokyo Stock Exchange
Hirokazu Numata,President and Representative Director
Masahiro Sakamoto,Manager, Corporate Planning Department

Monthly Performance for January 2024
Kobe Bussan Co., Ltd. discloses its monthly performance for January 2024 on a non-consolidated basis.
1. Trends in net sales, gross profit, operating profit, and ordinary profit (non-consolidated)[Net sales](Upper: Millions of yen, Lower: YoY %)
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
H1
41,69045,60936,909
112.8
110.2
112.9
May
June
July
Aug.
Sept.
Oct.
H2

Full year[Gross profit]
Nov.
3,991
128.1
May

Full year[Operating profit]
Nov.
2,389
138.5
May

[Ordinary profit]
Nov.
191
109.7
May

Dec.
4,183
120.7
June

Dec.
2,542
123.3
June

Dec.
(3,839)
June

Jan.
3,768
123.1JulyJan.
2,162
129.6
JulyJan.
10,3581,004.3
JulyFeb.

(Upper: Millions of yen, Lower: YoY %)
Mar.
Apr.
H1Aug.

Sept.

Feb.

(Upper: Millions of yen, Lower: YoY %)
Mar.
Apr.
H1Aug.

Sept.

Feb.

(Upper: Millions of yen, Lower: YoY %)
Mar.
Apr.
H1Aug.

Sept.

Oct.

Oct.

Oct.

H2

H2

H2

Full year

Full year

Note: This flash report is unaudited and the figures are subject to change. Accordingly, they are revised and updated as appropriate ona timely basis if differed from the quarterly or annual results. For the purpose of year-on-year comparison, buy-sell transactions withsubsidiaries are not accounted for under the Accounting Standard for Revenue Recognition on a monthly basis. The figures under theStandard will be disclosed in the full-year financial results.

2. Trends in the number of Gyomu Super stores
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
Opened000
Directly
managedClosed
000
areas
Total
664
664
664
Opened201
Indirectly
managedClosed
000
areas
Total
382
382383
Total franchise stores
1,046
1,046
1,047
Total directly operated stores444
Total stores
1,050
1,050
1,051
May
June
JulyAug.
Sept.
Oct.
OpenedDirectlymanagedClosed
areas
Total
OpenedIndirectlymanagedClosed
areas
Total
Total franchise stores
Total directly operated stores
Total stores■ Directly managed areas (areas with franchise stores under general franchise contract)[Hokkaido area] Hokkaido prefecture[Kanto area]
Tokyo, Chiba, Kanagawa, and Saitama prefectures[Kansai area]
Osaka, Kyoto, Hyogo (excl. Awaji Island), Nara, Wakayama, and Shiga prefectures[Kyushu area]
Fukuoka, Saga, Nagasaki, Kumamoto, Oita, and Miyazaki prefectures■ Indirectly managed areas (areas with franchise stores under area franchise contract)
Prefectures other than those listed above[Stores opened during January 2024]
Store name[Indirectly managed areas]
EVERY Shobara

H1

H2

Full year

Address―
2-15-35 Nishihonmachi, Shobara-shi, Hiroshima

3. Year-on-year changes in product shipments to Gyomu Super stores
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
106.9
Existing stores
108.7
110.6
Directly managed areas
110.2
All stores
112.7
113.8
Nationwide*
All stores
113.1
110.5
114.4
MayJuneJuly
Aug.
Sept.
Oct.
Existing stores
Directly managed areas
All stores
Nationwide*All stores* “Nationwide” represents the product shipments to the stores in both directly and indirectly managed areas.

(YoY %)
H1

H2

Full year4. Overview
For January 2024, we reported net sales of ¥36,909 million (up 12.9% year-on-year), gross profit of ¥3,768 million (up 23.1%),operating profit of ¥2,162 million (up 29.6%), and ordinary profit of ¥10,358 million (up 904.3%) on a non-consolidated basis.
During the period, Gyomu Super opened one store, resulting in 1,051 stores in total, an increase of 39 stores from a year earlier. Netsales increased driven by the coverage on television programs and social media.
Our product shipments to Gyomu Super stores remained strong, with an increase of 10.6% from a year earlier to existing stores in
directly managed areas, an increase of 13.8% to all stores in directly managed areas, and an increase of 14.4% to all storesnationwide.
In terms of our product trends, sales of conveniently available frozen vegetables continued showing a strong positive trend. Also,
national brand products including Japanese basic seasonings such as sugar and salt contributed to sales growth.
Ordinary profit significantly exceeded that for the same period of the previous fiscal year. This is because the valuation loss on
forward exchange contracts recorded before February 2024 was reversed resulting from the termination of certain forward exchange
contracts and recovery in fair value due to a change in exchange rates.
5. Scheduled disclosure date
The flash report for February 2024 is scheduled to be released on Monday, March 18. Please note that the date of release may bechanged for unavoidable reasons.