Development of E-Commerce and Brand Sites

「The purpose of this agreement is for 堅果シナジー to provide advice on improving the Company's business earnings, internationalizing its business activities, enhancing its DX and EC functions, and introducing and recommending personnel for the Company's management and business operations, thereby achieving effective use of the Company's management resources and greater business efficiency and contributing to the common interests of shareholders through growth in the Company's earnings.」

「On 1 December 2025, the company reorganized its operations by separating promotion, e-commerce (EC) and overseas expansion, which had previously been divided between the Fishing Division and Outdoor Division, and establishing them within Head Office. The reorganization was intended to further strengthen expansion in the e-commerce and overseas markets, which the company has identified as challenges, and to conduct promotions that further enhance the organic integration of the fishing and outdoor businesses.」

「The Company invested ¥98 million in capital expenditure and other projects during the fiscal year, mainly for fixtures and interior construction at directly operated stores and other facilities, mould production for new products such as lures, and the renewal of its corporate website.」

「Sales increased through retail stores serving the fishing business and internet sales, among other channels, for outdoor activities less likely to involve close contact.」

「In the outdoor business, internet sales and sales of fishing-related products remained solid, but apparel sales remained sluggish compared with ordinary years due to the impact of the declaration of a state of emergency and priority preventive measures to contain the spread of COVID-19, as well as weak travel demand from the beginning of the year onward.」

「Internet sales in the outdoor business remained strong.」

「Meanwhile, sales began to recover during the third quarter (June-August) following the lifting of the government's state of emergency declaration and the request to refrain from travel outside one's prefecture. Sales exceeded the same period of the previous year by 2.5%, due to the impact of an increase in new stores and the strengthening of internet mail-order sales, among other factors.」

「Sales at the Company's online store increased 44.1% year on year through early markdowns and other measures, but this was insufficient to offset the decline in overall net sales.」

「The main capital investments during the fiscal year totalled ¥24 million, including fixtures and interior construction for directly operated stores and other facilities, and the development of e-commerce and brand websites.」