Improving profitability through sales promotion and rationalization

「The Toki Grand Bowl business was transferred on 1 April 2024, and all shares in 株式会社ケンテン, a consolidated subsidiary, were transferred on 30 April of the same year.」

「The Group operated bowling alleys and an apparel accessories store, but completely withdrew from the operating business following the transfer of the Toki Grand Bowl business on 1 April 2024 and the transfer of all shares in its subsidiary 株式会社ケンテン on 30 April of the same year.」

「Although revenue for the first quarter of the current consolidated cumulative period declined to ¥25 million, from ¥45 million in the same period of the previous year, following the end of operations at the internet café stores during the previous fiscal year, segment profit increased to ¥2 million, from a segment loss of ¥1 million in the same period of the previous year.」

「In the first quarter, partly because operations at the internet café stores ended at the end of May 2023, revenue was ¥45 million, down 70.7% year on year, and the segment loss was ¥1 million, down 92.3% year on year.」

「Although the impact of the prolonged COVID-19 pandemic on the other facilities was easing, revenue was ¥78 million and segment profit was ¥0 million.」

「Against this economic backdrop, despite restrictions on business activities caused by various external factors, the Group advanced initiatives to strengthen stable earnings capacity, including measures to improve profitability at each location in the operations business.」

「In the third quarter, although the other locations were affected by the prolonged spread of COVID-19, performance across the locations began to recover as no restrictions such as priority preventive measures were imposed. As a result, revenue was ¥490 million, down 3.0% year on year, and the segment loss narrowed to ¥30 million from a segment loss of ¥45 million in the same period of the previous year.」

「In the second quarter, although the Group was affected by the prolonged spread of COVID-19, the easing of restrictions as booster vaccinations progressed enabled performance across its locations to begin recovering. As a result, revenue was ¥331 million, down 2.0% year on year, and the segment loss narrowed to ¥19 million from a segment loss of ¥30 million in the same period of the previous year.」

「The company worked to improve and stabilize its earnings capacity by advancing cost reductions and other measures to improve profitability at each location in the operations business.」

「In the third quarter, although the Group was affected by the prolonged spread of COVID-19, performance across its locations recovered as vaccinations were introduced. As a result, revenue increased 2.5% year on year to ¥505 million, while the segment loss was ¥45 million, compared with a segment loss of ¥85 million in the same period of the previous year.」

「In the second quarter, although the Group was affected by the prolonged spread of COVID-19, performance across its locations began to recover as vaccinations were introduced. As a result, revenue increased 16.81% year on year to ¥338 million, while the segment loss narrowed to ¥30 million from a segment loss of ¥73 million in the same period of the previous year, indicating a gradual recovery.」

「In the first quarter, although the Group was affected by the prolonged spread of COVID-19, performance across its locations began to recover following the start of COVID-19 vaccinations. As a result, revenue increased 41.7% year on year to ¥170 million, while the segment loss narrowed to ¥16 million from a segment loss of ¥53 million in the same period of the previous year, marking the beginning of a recovery.」

「Against this economic backdrop, during the fiscal year, the Group actively pursued measures to secure new sources of revenue through business alliances, acquire new rental real estate, consider investments in domestic and overseas companies, reduce costs and contain cost increases to improve profitability at each location in the operations business, and further improve and stabilize its earnings capacity.」

「In the third quarter, the launch of operations at R Hotel Inn Kitakyushu Airport in Kyoto District, Fukuoka Prefecture, in November 2020, the stable performance of 株式会社ケンテン, which was not affected by COVID-19, and the food service business at Ehime University Hospital’s School of Medicine contributed to earnings. However, the withdrawal from the Kakogawa Plaza Hotel business in November 2020, the nationwide suspension of the Go To Travel program to prevent the further spread of COVID-19, and difficult conditions, including slowing growth in consumer demand, resulted in revenue of ¥493 million, down 41.7% year on year, and a segment loss of ¥85 million, compared with segment profit of ¥9 million in the same period of the previous year.」

「As a result, revenue was ¥289 million, down 48.0% year on year, and the company recorded a segment loss of ¥73 million, compared with segment profit of ¥4 million in the same period of the previous year.」

「Against this economic backdrop, during the fiscal year, the Group actively pursued the acquisition of new rental real estate, cost reductions to improve profitability at each location in the operations business, and measures to contain cost increases, working to further improve and stabilize its earnings capacity.」

「Against this economic backdrop, during the third quarter, the Group actively pursued initiatives to strengthen stable earnings capacity, including considering the acquisition of new rental properties and measures to maintain and improve profitability at each location of its operations business.」

「Against this economic backdrop, during the second quarter, the Group actively pursued initiatives to strengthen stable earnings capacity, including acquiring new rental properties and measures to maintain and improve profitability at each location of its operations business.」

「Against this economic backdrop, during the first quarter, the Group actively pursued initiatives to strengthen stable earnings capacity, including considering the acquisition of new rental properties and improving profitability at each location of its operations business.」

「Against this economic backdrop, during the fiscal year, the Group actively pursued the acquisition of new rental real estate and various initiatives to improve profitability at each location in the operations business, working to improve and further stabilize its earnings capacity.」

「Against this economic backdrop, during the third quarter, the Group actively pursued various initiatives, including acquiring new rental properties and improving profitability at each location of its operations business, to enhance and further stabilize its earnings capacity.」

「Against this economic backdrop, during the second quarter, the Group actively pursued various initiatives, including acquiring new rental properties and improving profitability at each location of its operations business, to enhance and further stabilize its earnings capacity.」

「Against this economic backdrop, during the first quarter, the Group actively pursued various initiatives, including acquiring new rental properties and improving profitability at each location of its operations business, to enhance and further stabilize its earnings capacity.」

「Against this economic backdrop, during the fiscal year, the Group actively pursued the acquisition of new rental real estate and various initiatives to improve profitability at each location in the operations business, working to improve and further stabilize its earnings capacity.」

「Against this economic backdrop, during the third quarter, the Group actively pursued various initiatives, including acquiring new rental properties and improving profitability at each location of its operations business, to enhance and further stabilize its earnings capacity.」

「Although revenue declined 15.8% year on year to ¥1,813 million, segment profit increased 19.5% to ¥74 million as a result of improved profitability at each location.」

「Improving the profitability of the operations business through sales promotion and rationalization efforts」