Expanding the Business Scope through Specialty-Function Tatami Mats, Renovations and Content

「In the Consumer Business, we aim to increase sales of coffin tatami mats by developing new business with multiple funeral homes, including major facilities. For special-function tatami mats, we are developing new demand in addition to products for after-school programs, day-service facilities, sports facilities and fitness facilities. Demand for residential tatami replacement remains on the road to recovery.」

「The broadcast is scheduled to feature our waterproof bath mat, Yuttari Tatami, as a product designed to improve safety and comfort in public bathhouses.」

「In the Consumer Business, coffin tatami mats performed well as higher sales and improved margins from the shift to domestic production combined to support results. In sales of special tatami mats and other products, demand for the soundproof and vibration-damping flooring that performed well in the previous fiscal year declined as fitness clubs increasingly opened small street-front locations, reducing demand for soundproofing and vibration-damping measures. Meanwhile, sales to accommodation facilities progressed steadily, and total sales of products increased. Demand for residential tatami replacement remained on the road to recovery.」

「In the Consumer Business Division, the recovery in demand for coffin tatami mats and strong inquiries for soundproof and vibration-damping flooring for fitness clubs contributed to higher sales, but significant differences in performance by product category continued. As a result, sales were ¥580 million. To mitigate the impact of the weaker yen, production of coffin tatami mats outsourced overseas was switched to domestic production partway through the fiscal year, but the negative impact on earnings for the fiscal year continued.」

「In the Consumer Business, soundproof and vibration-damping flooring for fitness clubs continued to perform well, and demand for coffin tatami mats also began to recover, while demand for residential tatami replacement remained on the road to recovery.」

「Although the impact of the COVID-19 pandemic has not yet been fully eliminated, we will promote sales of our original products, including disaster-prevention products that also serve as infection-control measures, special-function tatami mats such as funeral and nursing-care tatami mats, and soundproof and vibration-damping flooring for fitness use developed to leverage the functionality of tatami. In the tatami replacement brokerage business, our online business conducted through local JAs, home improvement stores and others, collaboration with national companies has also begun to advance, and we expect the target market to expand.」

「In the Consumer Business, soundproof and vibration-damping flooring for fitness clubs continued to perform well. In the Solar and Energy Business, construction starts for mid-sized projects increased, although efforts to develop the corporate market, which is expected to grow from the perspective of promoting the SDGs, remained insufficient. Recovery in demand for coffin tatami mats was gradual, and demand for residential tatami replacement had yet to recover.」

「In the Consumer Business, products for fitness clubs performed well, and demand for coffin tatami mats, which had been affected by COVID-19, began to recover. However, demand for residential tatami replacement remained sluggish due to the continuing impact of COVID-19, while the profitability of imported products continued to deteriorate due to the weaker yen.」

「In the online business, we will roll out sales initiatives leveraging our credibility as a listed company in the tatami replacement brokerage business and other operations using local JAs, home improvement stores and others as points of contact. In the Solar and Energy Business Division, we will focus on selling solar power generation systems for businesses, for which demand is increasing in response to the SDGs, and peripheral equipment such as storage batteries.」

「In the Consumer Business, sales of soundproof and vibration-damping flooring for fitness clubs and the BtoC business progressed steadily, but demand for coffin tatami mats and residential tatami replacement brokerage remained sluggish as the impact of COVID-19 continued.」

「In the Consumer Business, products for fitness clubs and BtoC products performed well, while demand for tatami mats for coffins, affected by the downsizing of funerals due to COVID-19, and tatami replacement for homes remained sluggish.」

「The Consumer Business Division struggled to grow sales as large-scale projects declined, partly due to the impact of COVID-19.」

「In addition to stable sales of coffin tatami, the Consumer business division saw increased sales of specialty tatami products such as disaster-prevention tatami for local governments. However, the online business was affected by the state of emergency declared in response to COVID-19.」

「Demand for the online business recovered as the impact of COVID-19 on consumer sentiment eased somewhat, while demand for commercial tatami and specialty tatami at restaurants, accommodation facilities and other establishments remained sluggish.」

「Unique products such as soundproof and vibration-absorbing flooring for the fitness market and tatami mats with partitions for evacuation shelters performed well.」

「The Consumer business's sales of coffin tatami, Okuri Tatami, and cushioning flooring for fitness gyms, Gym Board, initially performed steadily but did not benefit from any large orders. In addition, the decline in demand following the consumption tax increase continued to have a significant effect on the tatami re-covering brokerage business in the current quarter.」

「The Consumer business performed generally well, including sales of coffin tatami and specialty tatami products such as Gym Board and raised-floor tatami.」

「Sales of cushioning flooring for athletic gyms, a new product using specialty-function tatami technology, performed well. Together with the increase in creditworthiness and name recognition resulting from the stock listing, this supported strong sales through the Rakuten shop, bringing revenue to ¥675 million, up 18.4% year on year.」

「Higher name recognition following the stock listing continued to support strong consumer sales through Rakuten Ichiba's New Tatami Life, while sales of specialty-function tatami also performed steadily.」

「Greater name recognition following the stock listing continued to provide support, driving continued growth in consumer sales through Rakuten Ichiba's New Tatami Life, while sales of specialty-function tatami also performed steadily.」

「In addition to increased consumer sales through Rakuten Ichiba's New Tatami Life, driven by greater name recognition following the stock listing, sales of specialty tatami products such as Gym Board, an acoustic and vibration-absorbing floor material for fitness clubs, and judo tatami also performed steadily.」

「The company will promote a content business with a Japanese aesthetic centered on the digital content product Irohana, develop related products, and sell tatami products including judo tatami and Sokusai tatami through tatami stores, interior distributors and the internet. It will also use tatami store distribution channels to develop an order-based installation business for interior remodeling, including tatami, fusuma, wallpaper and curtains.」