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Financial Results of FY 2025 Q1(Supplementary Material)

July 12, 2024
create restaurants holdings inc.
【TSE Prime, Stock Code 3387】© 2024 create restaurants holdings inc.

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Contents

I. Financial Highlights
1. Financial Results Overview [IFRS]
2. Financial Results Overview (by Category)
3. Topics (1)(2)

II. Summary of FY 2025 Business Forecasts and Shareholder Returns
1. Summary of FY 2025 Business Forecasts
2. Shareholder Returns
III．Appendix
1. Openings and Closings of Outlets
2. Trends in same-store sales YoY ratio
3. Summary of FY 2025 Business Forecasts (by Category)
4. Sustainability Initiatives (1)(2)© 2024 create restaurants holdings inc.

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I. Financial Highlights© 2024 create restaurants holdings inc.

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1. Financial Results Overview [IFRS]Revenue: 38.3 billion yen, Operating profit: 2.8 billion yen, Profit attributable to owners of parent 1.9 billion yen, Adjusted EBITDA 7.1
billion yen
 Revenue
・Sales increased compared to FY 2024 due to a recovery in inbound demand caused by steady demand for restaurants andan increase in foreign visitors to Japan.
(25.0% of full-year forecast)*1 Same-store sales YoY ratio
Mar.

Apr.

May

Q1
(Mar.-May)

Target107.8% 105.1% 106.1% 106.4%

Result Operating profit
・In order to eliminate the opportunity loss stemming from the labor shortage that occurred in the Q1 of FY2024, the current Q1
was staffed appropriately, resulting in a YoY decline in profits, but the operating profit remained steady at 29.6% of full-year forecast.

108.8% 104.5% 104.9% 106.1%

FY2024 Q1

FY2025 Q1ResultResult36,60738,286+1,679153,000

25.0%

Operating profit

2,981

2,753

- 227

9,300

29.6%

Profit before taxes

2,924

2,584

- 339

8,700

29.7%

Profit for the year

2,360

2,046

- 314

7,000

29.2%

Profit attributable toowners of parent

2,150

1,852

- 298

6,100

30.4%

Adjusted EBITDA *2

7,242

7,106

- 136

26,200

27.1%

Actual operating profit *3

3,467

3,351

- 115

11,30029.7%(Million yen)

Revenue（Operating profit+impairment losses）

ChangeFY2025Progress
Rate

Full-year Forecast*1: Same-store sales YoY ratio is calculated using the figures of FY 2024, and also including closed stores.
*2: Adjusted EBITDA = operating profit + other operating expenses - other operating revenues (excluding sponsorship income) + depreciation and amortization + nonrecurring expense items (advisory expenses related to share purchases, etc.)*3: Actual operating profit is operating profit minus impairment losses.

© 2024 create restaurants holdings inc.

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2. Financial Results Overview (by Category)✔ Investment in human equity since the previous fiscal year successfully resulted in theachievement of appropriate allocation of staffs✔ Overall, FY2025 Q1 was favorable. (However, the real wage growth is negative and thepolarization of consumer spending is progressing. We would watch for future trends.)※1 Same-store sales YoY ratio

CR category :Q1

Restaurant business in the urban area (reservation-type fine dining) was strong by bringing in the extraordinary scenes.

CategoryMar.

SFP category:CR

110.2% 104.2% 103.7% 106.0%

SFP

107.9% 103.9% 105.3% 105.7%

Specialty
Brand

107.8% 103.9% 102.5% 104.7%

Specialty Brand category:Overseas108.7% 108.1% 114.1% 110.9%

Strong performance in everyday business formats such as Tsukemen and Bakery continued strong.

Consolidated

108.8% 104.5% 104.9% 106.1%

Inbound demand was strong along with a recovery in demand for Izakaya, especially in Tokyo metropolitan area andcentral Tokyo.

Apr.

May

(Mar.-May)

Overseas category:Singapore is stable, and there is a lull in revenge consumption in North America.
(Million yen)

Category

FY2025 Q1

FY2024 Q1
Revenue

Category CF *2

Ratio torevenue

RevenueCR

12,739

1,650

13.0%

SFP

7,156

814

Specialty
Brand

12,557

Overseas
Adjustments, etc. *3

Total

ChangeCategory CF *2

Ratio torevenue

Revenue

Category CF *2

Ratio torevenue

13,372

1,567

11.7%

+633

- 83

-1.2%

11.4%

7,671

863

11.3%

+515

+49

-0.1%

1,491

11.9%

12,821

1,495

11.7%

+263

+3

-0.2%

4,720

575

12.2%

5,045

613

12.2%

+325

+38

-0.0%

- 566

2,711

-

- 624

2,567

-

- 57

- 143

-

36,607

7,242

19.8%

38,286

7,106

18.6%

+1,679

- 136

-1.2%

(NOTE) The figures reflect the reclassification of LG&EW from Specialty Brand categories to CR categories both for FY 2024 Q1 and FY 2025 Q1, taking into accounts the reorganization within
the Group dated June 1 (merger between Create Dining inc. and LG&EW inc.: separately disclosed on April 12)*1:Same-store sales YoY ratio is calculated using the figures of FY 2024, and also including closed stores.
*2:Category CF = operating profit (JGAAP) + depreciation and amortization + sponsorship income + non-recurring expense items*3:Other adjustments include depreciation and amortization related to the adoption of IFRS No. 16, as well as head office expenses that are not allocated to individual category.

© 2024 create restaurants holdings inc.

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3. TOPICS (1) ~Strengthening the Contract Business~
Reviewing portfolio toward Post-Covid✔ Strengthen the Contract (entrusted operation) business・ Consolidation of the contract business of KR FOOD SERVICE CORPORATION (KR) into create restaurants inc. (CR)(scheduled for September 1) (Succession of absorption-type split among consolidated subsidiaries)⇒ Integrate KR's expertise in the contract business, including knowledge and know-how, into CR⇒ Leverage CR's operational structure and product-development capabilities to support nationwide expansion
・Further acceleration of entrusted operation in “Minori-Minoru” brand, etc. based on the comprehensive business alliance agreementwith JA ZEN-NOH (January 26)⇒ Established the Business Development Department within the Company (holding company) to oversee the promotion of entrusted
store operation and a comprehensive business allianceFurther Development of Contract Business

Yakiniku Jun Osaka Dome City
(open on 3/29)© 2024 create restaurants holdings inc.

Wakabatei Nagoya Ekimae (open on 4/1)
Wakabatei Toyohashi Station Higashiguchi (open on 4/3)

Minoru Dining Kyoto Porta (open on 7/1)

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3. TOPICS (2)~Intra-Group Organizational Restructuring / Response to DX and Shortage of Human Resources ~Further development of Group Federal Management✔ Implementation of organizational restructuring across the Group・Merged Create Dining inc. and LG&EW inc. (Jun. 1)(Absorption-type merger between consolidated subsidiaries)⇒ Strengthen expertise by concentrating knowledge in the dining business domain⇒ Promoting the mobility of human resources

Further Development of Dining Business

Improving Productivity and Responding to Personnel Shortages through DX✔ Introduction of serving and bashing robots
・Gradual introduction of food serving robots at "shabu-SAI", all-you-can-eat restaurants of Shabu-shabu, and "Kagonoya",Japanese restaurants, etc.
⇒ Active use as support for store employees✔ Expansion of mobile order system
・Introduction of mobile order system tailored to each business category⇒ Contributing to efficient allocation of store personnel and mitigation of customer stress✔ Promotion of the active participation of human resources
・Expansion of recruitment of foreign employees and development of follow-up system⇒ Expand opportunities to play an active role, such as appointing foreign store managers, in addition to hiring
more foreign nationals at ISOMARU SUISAN
・Resume mentor system (Sister & Brother system) *Temporarily interrupted due to Covid-19⇒ Human resource Supporters (Mentors) meet regularly with new employees to create a comfortable workplace⇒ A program that grows not only with the follow-up of new employees, but also with human resource supporters© 2024 create restaurants holdings inc.

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II. Summary of FY 2025 Business
Forecasts and Shareholder Returns© 2024 create restaurants holdings inc.

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1. Summary of FY 2025 Business Forecasts
Full-year Business Forecasts disclosed on April 12, 2024 ⇒ No change
Revenue: 153.0 billion yen, Operating profit: 9.3 billion yen, Profit attributable to owners of parent: 6.1 billion yen,
Adjusted EBITDA: 26.2 billion yen

FY2025 Q1(Million yen)

Revenue

ResultRatio torevenue

FY2025
Forecast

Ratio torevenue

153,000

38,286

Progress
Rate（vs. Forecast）

25.0%

Operating profit

2,753

7.2%

9,300

6.1%

29.6%

Profit before taxes

2,584

6.8%

8,700

5.7%

29.7%

Profit for the year

2,046

5.3%

7,000

4.6%

29.2%

Profit attributable toowners of parent

1,852

4.8%

6,100

4.0%

30.4%

Adjusted EBITDA *1

7,106

18.6%

26,200

17.1%

27.1%

Actual operating profit *2

3,351

8.8%

11,300

7.4%

29.7%

*1 :Adjusted EBITDA = operating profit + other operating expenses - other operating revenues (excluding sponsorship income) + depreciation and amortization + non-recurring expense items(advisory expenses related to share acquisitions, etc.)*2 :Actual operating profit is operating profit minus impairment losses.

© 2024 create restaurants holdings inc.

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2. Shareholder Returns
Dividend Forecast for FY 2025 ⇒ 4.0 yen as interim dividend and 4.0 yen as year-end dividend, for an annual dividendof 8.0 yen per share (1.0 yen increase from the previous year)

Dividends
(yen)
10.0

Annual dividend (yen)
8.0

8.0

7.0

6.0

6.0
4.0

2.0

4.5
3.0
0.0

0.0

FY 2020 (Actual)

FY 2021 (Actual)

Shareholder Special Benefit PlanFY 2022 (Actual)

FY 2023 (Actual)

FY 2024 (Actual)

FY 2025 (Forecast)

We will continue to offer the Shareholder benefits as an important shareholder returns.

Expansion of stores where shareholders benefits are available✔ As part of the business alliance with JA ZEN-NOH (disclosed on January 26, 2024), shareholders benefit became available in
12 stores from April 1.
Furthermore, they are available at 5 stores from June 1, and 6 more stores from July 1 (planned to be expanded gradually in the future)
Available from Apr. 2024
Minori Café

Minori Café
Kiraku

Jun.～

Jul.～

S-PAL Sendai / Ginza
Mitsukoshi / Fukuoka
Tenjin / Nagasaki Ekimae

Ginga Rikyu

Fukushima Beef
Yakiniku
GYU-HOU

Asahi /
Yatsuyamada

COM BOX Saga Ekimae

Nikusho Jade
Kanazawa（Kanazawa）

Wakabatei

Nagoyaekimae/ Toyohashi
StationHigashiguchi

Kobe PLAISIRSan'nomiya
Main Store

Minoru Dining

Kyoto Porta

Minoru Dining

FES''AN
Morioka

Nagasaki Wagyu
Yakiniku Pure

（ Nagasaki ）Café & DIning
Minori Minoru

AMU PLAZAOITAGinza Mitsukoshi / ekie
Hiroshima / AMU PLAZAKUMAMOTO
Sapporo STELLAR PLACE /Minoru Dining Nagoya / SUN STATIONTERRACE Okayama

MinoruShokudo

Grill Minoru

S-PAL Sendai© 2024 create restaurants holdings inc.

（Morioka）

Aug. Sep. Oct…

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III．Appendix© 2024 create restaurants holdings inc.

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1. Openings and Closings of Outlets
 New store openings: 6, Store closings: 11, and Brand changes: 4⇒ Total number of group stores as of the end of May, 2024: 1,104
・Major breakdown of new store openings (6 stores)
・Opened "GOTTA", a new American dining, in Gotanda as a Wakuwaku (Exciting) project・Opened Core brands: "shabu-SAI" Kuzuha Mall, and "Go-no-Go" Abeno-Lucias
・New contract business of golf-course restaurants : 1 stores・Opened stores in collaboration with JA ZEN-NOH : 2 stores for Yakiniku "Wakabatei”

・Retirement of stores mainly due to expiration of contract (11 stores)
・Brand changes in line with location environment and customer needs (4 stores)
・"MACCHA HOUSE, Matcha-kan" WITH HARAJUKU, "Yakiniku Jun" Osaka Dome City, "Stamina Manpuku Shokudo" NEOPASA Hamamatsu,"Teppan Hormone Go-no-Go" Pio City Sakuragicho[Composition of stores by location (as of the end of May, 2024)][List of stores opened and closed as of FY 2025 Q1]

Category

Total no.
at end ofFeb. 2024

Increase/Decrease
New

Total no.
at and ofClose May.2024

Brand
Changes
*1

CR

502

3

7

498

2

SFP

202

1

2

201

1

Specialty Brand

350

2

2

350

1

Overseas *2

55

0

0

55

0

1,109

6

11

1,104

4

Group total *3

SA・PA
2.6%
Sports &Leisure8.0%*1 : The number of stores includes the changes of business category within the Group.
*2 : The number of stores in the overseas category includes 2 franchised stores of LGEW in Jakarta and 15 franchised stores of KR in Thailand.
*3 : The number of stores as of the end of the fiscal year in this document is the total number of stores in the Group, including contract business storesand FC stores, as of the end of May 2024.
*4 : The figures reflect the reclassification of LG&EW from Specialty Brand Categories to CR Categories for number of outlets both in
FY 2024 Q4 and FY 2025 Q1, taking into accounts the reorganization within the Group dated June 1.

© 2024 create restaurants holdings inc.

Overseas5.0% Other
0.4%

Urban SC 25.7%
Roadside
14.3%

Stations areas
and downtown
areas
20.5%

Suburban SC
23.5%

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2. Trends in same-store sales YoY ratio【Consolidated】
Mar.

Apr.

May

Jun.

Jul.

Aug.

Q2 Total

Sep.

Oct.

Nov.

Q3 Total

Dec

Jun.

Feb.

Full-year

FY 2025108.8% 104.5% 104.9% 106.1%
Same-store sales YoY

-

-

-

-

-

-

-

-

-

-

-

-

FY 2024146.0% 121.1% 115.4% 126.1%
Same-store sales YoY

111.5%

118.1%

121.3%

121.4% 114.5% 107.2% 110.3% 117.5%

112.1% 110.7% 109.9% 116.0%

Q1 Total

Jun.

Jul.

Aug.

Q2 Total

Sep.

Oct.

Nov.

Q3 Total

Dec

Jun.

Feb.

Full-year

104.2% 103.7% 106.0%

-

-

-

-

-

-

-

-

-

-

-

-

Q1 Total【By category】
Mar.
FY 2025110.2%
Same-store sales YoYCR
FY 2024
137.4%
Same-store sales YoY
FY 2025
107.9%
Same-store sales YoYSFP
FY 2024
276.6%
Same-store sales YoY
FY 2025
107.8%
Specialty Same-store sales YoY
Brand FY 2024
122.7%
Same-store sales YoY
FY 2025108.7%
Same-store sales YoY
Overseas
FY 2024140.9%
Same-store sales YoY

Apr.

May

125.9% 118.7% 126.8% 116.5%
103.9% 105.3% 105.7%-

132.7% 121.7% 154.5% 113.8%
103.9% 102.5% 104.7%-

112.7% 108.8% 114.5% 104.3%
108.1% 114.1% 110.9%-

117.1% 117.1% 123.3% 114.8%

124.6%
128.4%

126.3% 124.8% 118.4% 111.2%---

136.5% 139.1% 122.2% 109.1%--

110.0%

115.0%--

110.0%----

114.1% 121.2% 113.6% 112.8% 114.5% 119.1%
-

-

-

-

-

-

-

111.1% 129.6% 116.3% 111.3% 111.3% 125.1%--

112.3% 109.4% 103.2% 109.0% 110.5%
-

-

-

-

-

-

-

-

111.1% 110.6% 108.4% 110.6%
-

-

-

-

108.8% 116.0% 108.6% 105.2% 103.4% 111.5% 106.5% 104.5% 102.1% 110.8%(NOTE) Same-store sales YoY ratio is calculated using the figures of FY 2024, and also including closed stores.

© 2024 create restaurants holdings inc.

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3. Summary of FY 2025 Business Forecasts (by Category)Category

FY 2024

FY 2025(Previous Year Results)(Full-year forecasts)

Revenue

Category CF

Ratio torevenue

Revenue

Category CF

Difference
Ratio torevenue

RevenueCR

50,239

5,563

11.1%

54,500

6,450

11．8%

SFP

29,079

2,997

10.3%

30,000

3,090

10.3%

Category CF

Ratio torevenue+4,260

+886

+0.8%

+920

+92

+0.0%

+2,139

+513

+0.6%

+193

+280

+1.3%

Specialty
brand

48,560

4,946

10.2%

50,700

5,460

10.8%

Overseas

19,706

2,409

12.2%

19,900

2,690

13.5%

Adjustments,
etc.

-1,826

9,667--2,100

8,510

-

-273

-1,157-

145,759

25,58317.6%

153,000

26,20017.1%+7,240

+616

-0.4%

Total

*The figures reflect the reclassification of LG&EW from Specialty Brand categories to CR categories both for FY 2024 results and FY 2025 full-year forecasts, taking into accounts the reorganization within the Group
dated June 1 (merger between Create Dining inc. and LG&EW inc.: separately disclosed on April 12)*Category CF = operating profit (JGAAP) + depreciation and amortization + sponsorship income + non-recurring expense items*Other adjustments include depreciation and amortization related to the adoption of IFRS No. 16, as well as head office expenses that are not allocated to individual category.

© 2024 create restaurants holdings inc.

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4. Sustainability Initiatives (1) ~Cleanup Activities~
Picking up trash at Moire beach in Hokkaido
・L'air bon inc., a consolidated subsidiary, which operates 70 bakeries in Hokkaido, has identified "Promoting the project of Smile with Bread ~Creation of a
population with local relationships~” as one of the main measures for FY 2024.
・As one of our goals to contribute to the local community, we picked up trash on the beach this May.
(*Realized as a joint event with CO-OP Sapporo, where we have stores)⇒ Nearly 100 people participated in the cleanup, including CO-OP Sapporo's suppliers and neighborhood residents.

Cleaning up around stores・Icchou Inc., which operates Japanese restaurants such as “Icchou” in North Kanto,
and YUZURU Inc., which operates Goma Soba "YUZURU" in Hokkaido, arecleaning the area around each store every month.

・Create Dining inc. which operates "EVERYONEs CAFÉ" in Ueno Park, participatesin cleanup volunteers in the Ueno Park and engages in clean-up activities in various
group-wide locations.
(around Icchou store area)© 2024 create restaurants holdings inc.

(in Ueno Park)

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4. Sustainability Initiatives (2) ~HEART BARRIER FREE~
Speech by Ms. Kimie Ikeda of "HEART BARRIER FREE Project at NPO Corporation"✔ A lecture "Toward the Realization of a Society in which Wheelchairs and Baby Cars are safe to go out.” was given in the company.

・Ms. Ikeda was suddenly forced to live in a wheelchair one day due to an unexpected accident. Although she tended to stay indoors after
the accident, she was shocked to see how many wheelchair users in the U.S. were enjoying going out on the streets.
・Even if there is a step, if there is kindness or "Heart", it becomes "barrier-free" which is easy to go to any place.
→The lecture was based on the real-life experiences and made us think about what barrier-free means.

・If steps, stairways, and a range of entrance to a toilet can be grasped in advance, the hurdle for visiting the store will be greatly reduced
because a countermeasure can be considered.

・"HEART BARRIER FREE Project at NPO Corporation" operates a website that contains barrier-free information from about 3000 restaurants
nationwide, centered on restaurants as "HEART BARRIER FREE Support Stores". Stickers are displayed at these stores.
・As a message to the employees working in our stores, she would like them to think about what they can do to help, and to be kind,

Lecturer Ms. Kimie Ikeda

welcoming to people in wheelchairs by asking, "How can I help you?".

Affiliation with HEART BARRIER FREE Support Stores・ After the lecture, our group stores are gradually joining HEART BARRIER FREE Support Stores.
・We began posting information on search sites and posting stickers at stores, such as the “Rain Forest Café” in Maihama,"Hassan" Shabu-shabu and sushi, and "Nanxiang Mantou Dian", specializing in Xiaolongbao (Steamed Bun) both in Roppongi.

→It also serves as an opportunity for employees working at our stores to have a kind attitude toward a diverse range of customers,
and it also leads to an improvement in hospitality.

© 2024 create restaurants holdings inc.

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Disclaimer

The purpose of this material is to provide information regarding the financial results of FY 2025 Q1
and is not intended to solicit investments in securities issued by the Company.
Furthermore, although the contents in this material is prescribed based on reasonable assumptionsof the Company at the time of publication, it does not warrant or guarantee the information's
accuracy or completeness and is subject to change without prior announcement.

<<For inquiries regarding IR>>
Investor Relations Department
8022@createrestaurants.com© 2024 create restaurants holdings inc.

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