Future Investment Costs at Group Companies to Exceed 大黒屋's Profit

「The reason our group's final result is substantially lower than operating profit and ordinary profit is that (1) corporate income taxes of ¥99 million are recorded against Daikokuya Co., Ltd., our principal operating subsidiary, which reported quarterly profit before income taxes of ¥368 million, and (2) on a consolidated basis, costs at other group companies to generate future profits exceed Daikokuya's profit. As a result, consolidated quarterly profit before income taxes is a loss of ¥56 million, while Daikokuya's corporate income taxes cause the quarterly net loss to increase.」