Message from the
President

To Our Shareholders and Investors,

We would like to express our sincere gratitude for your continued support of the UNITED ARROWS Group.

In the final year of our previous Medium-Term Management Plan 2023-2025, “Providing excitement: connecting with customers widely and deeply,” we successfully achieved our key performance targets and delivered solid results. Despite an uncertain business environment marked by significant exchange rate fluctuations and inflation, we achieved steady growth in both revenue and profit. This achievement was made possible by the unwavering support of our shareholders, investors, and other stakeholders, to whom we extend our deepest appreciation.

Under the previous plan, we not only ensured stable growth in our existing businesses but also steadily advanced forward-looking initiatives, including the launch of new brands, M&A activities, and expansion into mainland China. In addition, we clarified our strategic direction by focusing management resources on the mid- to high-price market, including through portfolio restructuring such as the transfer of COEN CO., LTD.

Through these initiatives, we have reaffirmed that the source of our competitiveness lies in our strengths in “service,” “products,” and “places.” Service represent our sales professionals who deliver excitement to customers; products refer to our capabilities in sourcing and developing high-value-added merchandise; and places encompass our strong sales infrastructure, including well-located stores and a highly convenient e-commerce network. The integration of these elements has created a robust business foundation that is difficult to replicate, as well as valuable non-financial assets, including strong brand equity and a customer base of approximately 1.64 million members.

Under our new Medium-Term Management Plan 2026-2028, “Become a high-sensitivity, high value-added Group with global scope and Japanese pride,” launched this fiscal year, we will aim for further growth in the mid- to high-price market by leveraging these strengths. Building on our domestic apparel business, we will accelerate overseas expansion and broaden our presence in lifestyle domains, including non-apparel businesses, to enhance our overall business portfolio.

In October 2026, we plan to transition to a holding company structure and, as TABAYA HOLDINGS Co., Ltd., aim to evolve into a high-sensitivity, high-value-added group representing Japan. By incorporating diverse brands through M&A, we will expand beyond the existing UNITED ARROWS framework. This transition reflects our clear intention to broaden our business across both domestic and international markets, as well as into non-apparel fields, and is a significant step toward realizing our long-term vision of becoming “A Beautiful Company.”

Guided by our Management Philosophy of “setting the standard for lifestyle culture,” we will continue to enrich the lives of our customers by expanding our business into areas such as clothing, food, housing, entertainment, and knowledge, with fashion at the core. We remain committed to strengthening the Group’s capabilities, enhancing corporate and shareholder value, and maintaining a steadfast customer-centric approach.

We sincerely appreciate your continued understanding and support.