Deterioration in Consumer Sentiment Due to Consumption Tax Increases

「During the interim accounting period under review, there were no new major risks that management recognizes could have a material impact on the financial condition, operating results or cash flows of the filing company, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

「During the first three quarters of the current fiscal year, there were no new occurrences of the major risks that management recognises could materially affect the filing company's financial position, operating results or cash flows among the matters relating to business conditions, financial conditions and other matters described in the quarterly report, and no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

「During the cumulative second quarter under review, there were no new major risks that management recognizes could have a material impact on the financial condition, operating results or cash flows of the filing company, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

「There were no new major risks during the three months ended 30 June, and no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

「During the first three quarters of the current fiscal year, there were no new occurrences of the major risks that management recognises could materially affect the filing company's financial position, operating results or cash flows among the matters relating to business conditions, financial conditions and other matters described in the quarterly report, and no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

「There were no new major risks during the three months ended 30 June, and no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

「During the first three quarters of the current fiscal year, there were no new occurrences of the major risks that management recognises could materially affect the filing company's financial position, operating results or cash flows among the matters relating to business conditions, financial conditions and other matters described in the quarterly report, and no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

「当第２四半期累計期間において、当四半期報告書に記載した事業の状況、経理の状況等に関する事項のうち、投資者の判断に重要な影響を及ぼす可能性があると認識している主要なリスクの発生又は前事業年度の有価証券報告書に記載した「事業等のリスク」についての重要な変更はありません。」

「There were no new major risks during the three months ended 30 June, and no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

「消費者の生活防衛意識・節約志向は今後一層高まると予想しております。」

「During the first three quarters of the current fiscal year, there were no new occurrences of the major risks that management recognises could materially affect the filing company's financial position, operating results or cash flows among the matters relating to business conditions, financial conditions and other matters described in the quarterly report, and no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

「当第２四半期累計期間において、当四半期報告書に記載した事業の状況、経理の状況等に関する事項のうち、投資者の判断に重要な影響を及ぼす可能性があると認識している主要なリスクの発生又は前事業年度の有価証券報告書に記載した「事業等のリスク」についての重要な変更はありません。」

「There were no new major risks during the three months ended 30 June, and no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

「当事業年度におけるわが国経済は、企業収益や雇用情勢の改善が続くなど、緩やかな回復基調で推移しておりましたが、海外経済情勢の不確実性の高まりに加え、相次ぐ自然災害や、消費税増税後の消費マインドの冷え込み、さらには新型コロナウイルスの感染拡大が国内外の経済に与える影響が懸念されており、先行き不透明な状況で推移いたしました。」

「相次ぐ自然災害や消費税増税による消費マインドへの影響など、依然として先行き不透明な状況で推移いたしました。」

「米中貿易摩擦の影響に加え、消費税増税による消費マインドの悪化のリスクもあり」

「消費税増税による消費マインドの悪化のリスクもあり」