FY3/27 investment focus: share price risk/upside balance appears to be improving

Research evidence excerpt

FY3/27 investment focus: share price risk/upside balance appears to be improving

30 June 2026

ESG

Environment

The company’s environmental efforts mainly center on energy and resource issues.

The company has switched to LED lighting (e.g., indoor lighting, bowling equipment,

crane game machines), installed water-saving valves (karaoke kitchens and food

counters), and implemented material recycling (reusing worn-out part-time workers’

uniforms as resources).

Social

The company participates in the SDGs-compliant lease program “Mirai 2030,” under

which a portion of the lease fee can be donated to public interest incorporated

foundations, certified NPOs, and the like. The company has thus far donated to the

certified NPO Kidsdoor, which promotes free learning opportunities for elementary to

high school students and other young people in order to break the chain of poverty,

and the NPO WaterAid Japan, which supports the creation of systems for the

sustainable and stable supply of water and the resolution of sanitation issues; the

certified NPO National Network for Support of Children with Intractable Diseases; and

the general incorporated association More Trees.

The company launched the Make A Chance Project, an initiative to create a workplace

environment that is both comfortable and rewarding to work in. The project aims to

create an environment where human resources can be developed regardless of

gender, and to promote the enhancement of various systems and initiatives to allow

all employees to excel without feeling the need to give up their careers when faced

with different life events.

Governance

The board of directors has seven members, of whom three are independent outside

directors. As of March 2026, the founding family held more than 30% of the company's