Decline in customer visits and temporary store closures due to COVID-19

「If the effects of COVID-19 or other infectious diseases expand beyond expectations, the resulting decline in customer visits and temporary store closures could have a material impact on business performance.」

「If the effects of COVID-19 or other infectious diseases expand beyond expectations, the resulting decline in customer visits and temporary store closures could have a material impact on business performance.」

「During the interim consolidated accounting period, the economy showed a gradual recovery as the withdrawal from the COVID-19 pandemic progressed and employment and income conditions improved. Under these circumstances, the prize game category continued to perform well in our group's core amusement facility operations business. Customer visits also increased compared with the same period of the previous year, and our stores were bustling with families and other customers.」

「After COVID-19 was reclassified as a Class 5 disease in May, customer visits exceeded the previous year's level in every month, and our stores were filled with activity.」

「During the summer holidays, the first since COVID-19 was reclassified as a Category 5 disease, the Company welcomed a very large number of customers, partly because extreme heat increased demand for indoor leisure activities.」

「The reclassification of COVID-19 as a Class 5 disease also provided support, and customer visits increased from the previous year, with stores bustling with families and other customers.」

「Prize games remained popular, and the number of customers visiting our stores was substantially higher than in the same period of the previous year. Although new COVID-19 cases surged from July 2022, our stores continued to implement infection prevention measures and promote contactless play through the introduction of QR code payment terminals」

「During the cumulative second-quarter consolidated period, the number of new COVID-19 cases rose sharply from July 2022, with daily new cases reaching a record high, and uncertainty about the outlook continued.」

「With no requests from government authorities or others to close or shorten operating hours, all stores were able to operate normally for the first cumulative quarter in 3 years.」

「During the consolidated fiscal year, some stores in our group were forced to close temporarily or operate shorter hours due to the effects of COVID-19, but customer visits increased from July 2021 onward and activity has now returned to our stores.」

「During the cumulative third-quarter consolidated period from 1 April to 31 December 2021, our business continued to be affected to some extent by COVID-19, but customer visits increased from the second quarter onward and activity has now returned to our stores.」

「During the cumulative second-quarter period, our business continued to be affected to some extent by COVID-19, as we temporarily closed stores and shortened operating hours in relevant areas in response to government declarations of a state of emergency.」

「In April 2021, a third state of emergency was declared in 4 prefectures, including Tokyo, and 3 of our amusement facilities in those prefectures were temporarily closed. As of the date of filing this document, all amusement facilities have resumed operations, although some stores have shortened their operating hours and implemented other measures.」

「Our core amusement facility operations business recorded sales substantially below the previous year's level because stores were temporarily closed and operating hours were shortened following the government's declaration of a state of emergency in April 2020.」

「Under these circumstances, our core amusement facility operations business recorded sales substantially below the previous year's level because, during the first quarter accounting period, we temporarily closed stores and shortened operating hours in response to the government's declaration of a state of emergency. After the declaration was lifted, however, we gradually resumed operations while implementing infection prevention measures, and customer visits gradually increased, bringing renewed activity to our stores.」

「In April, all stores were temporarily closed in response to requests for closure based on prefectural emergency measures issued following the government's declaration of a state of emergency.」

「Since January, our amusement facility operations and amusement equipment sales businesses have been affected by lower sales due to a decline in customer visits resulting from the spread of COVID-19. In April, we temporarily closed the relevant stores in response to requests for closure based on prefectural emergency measures issued following the government's declaration of a state of emergency.」