FY3/26 results and FY3/27 guidance offer no major surprises

研报英文原文证据摘录

FY3/26 results and FY3/27 guidance offer no major surprises

11 May 2026

ESG

Workman has prioritized five key issues in working toward achieving a sustainable

society: sustainable product development, contributions to the global environment,

employee and member store satisfaction, contributions to society, and governance. In

order to avoid putting stress on its employees, the company does not emphasize

quotas or deadlines, but it does commit to achieving the priority targets even if it takes

time.

Environment

In addition to striving to reduce water pollution by limiting waste water when producing

denim products and by curbing waste water through the use of spun-dyed yarn,

Workman has also installed a solar power generator on the roof of its Ryuo

distribution center in an effort to promote renewable energy. The company is also

transitioning to environmentally friendly vehicles and switching over to LED lighting in

its stores. It has set a goal of cutting its product waste ratio to 1% or lower, and in

FY3/24 it achieved a waste ratio of only 0.59%.

Social

In areas afflicted by earthquakes, flooding, and other natural disasters, Workman

provides emergency supplies such as cotton work gloves, rubber boots, and plastic

sheets/tarpaulins. The company also contributes to educational and cultural programs

via the Beisia 21st Century Foundation. In addition to domestic factories, the company

is also working to strengthen its partnerships with manufacturers by establishing

long-term, continuous trade relationships with factories in developing nations as well.

Governance

The company announced that, following approval by the General Meeting of

Shareholders held on 29 June 2021, it transitioned from a Company with Audit Board

structure to a Company with Committees structure.