What was corrected and how
A subsequent correction by the company to the contents of an already published filing.
Notice Regarding the Execution of an Exclusive Sales Agreement with Auren, Which Operates Apparel Brands Officially Licensed for Sanrio Characters
Sales of the brand are expected to begin under this agreement, which is expected to contribute to sales growth and profit. However, the impact has not been incorporated into the full-year earnings forecast. The impact of this matter on full-year results is currently under review, and any impact will be disclosed promptly if it arises.
| Item | Details |
|---|---|
| Disclosure subject to correction | Notice Regarding the Execution of an Exclusive Sales Agreement with Auren, Which Operates Apparel Brands Officially Licensed for Sanrio Characters |
| Impact on Business Performance | Sales of the brand are expected to begin under this agreement, which is expected to contribute to sales growth and profit. However, the impact has not been incorporated into the full-year earnings forecast. The impact of this matter on full-year results is currently under review, and any impact will be disclosed promptly if it arises. |
Items this document does not state (4)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company intends to develop the domestic market by combining GENTii's brand strength with its e-commerce, social media, store and wholesale capabilities. It also aims to attract trend-conscious consumers and inbound demand.