Lower same-store sales due to adverse weather and poor catches

「Against this backdrop, cumulative same-store sales for the second quarter fell below the prior-year level, which the Company believes was due to the reversal of the prior year's stay-at-home demand, deterioration in consumer sentiment caused by higher fish prices, including the effects of yen depreciation, and increases in various costs, as well as record-high temperatures in June.」

「Against this backdrop, same-store sales in the first quarter fell below the prior-year level, which the Company believes was due to the reversal of the prior year's stay-at-home demand, deterioration in consumer sentiment caused by higher fish prices, including the effects of yen depreciation, and increases in various costs, as well as record-high temperatures in June.」

「Meanwhile, as noted above, the operating environment became increasingly challenging. Although the Kanto region experienced a strong return of cold weather in April, there were periods of adverse weather, including consecutive days reaching midsummer temperatures in late May. As a result, same-store sales for the cumulative first-quarter period were 98.8% of the prior-year level.」

「As a result, although there were periods during the second quarter when the business was affected by extremely hot weather and repeated typhoons, it held up during the year-end sales campaign, and same-store sales for the fiscal year were 100% of the prior-year level.」

「As a result, despite the effects of extremely hot weather and repeated typhoons during the second quarter, same-store sales for the cumulative second-quarter period increased by 0.2% year on year.」

「In the retail business, the Company was strongly affected, particularly in the first half, by media coverage concerning anisakiasis food poisoning. The business continued to face difficulties as cases of poor catches of seasonal raw fish, including saury, became more frequent, but sales recovered from November onward as efforts to expand sales of products such as bluefin tuna proved successful and the Christmas-to-year-end sales campaign was generally firm. As a result, same-store sales for the fiscal year decreased by only 2.1% year on year.」

「The retail business struggled due in part to the impact of reports of anisakis food poisoning, particularly in the first half, and the increasing frequency of poor catches of seasonal fresh fish such as saury. However, from November onward, sales recovered as favorable weather supported the successful expansion of sales of products such as bluefin tuna, while the Christmas and year-end selling season was generally solid. As a result, same-store sales for the cumulative third quarter declined 2.6% from the same period of the previous year.」

「However, catches of seasonal fresh fish, including saury, were generally poor, and reports of anisakis food poisoning also had an impact. As a result, same-store sales for the cumulative second quarter declined 3.9% from the same period of the previous year.」

「However, catches of seasonal fresh fish were generally poor, and repeated reports of anisakis food poisoning also had an impact. As a result, same-store sales for the cumulative first quarter declined 4.0% from the same period of the previous year.」

「In addition to the impact of adverse weather, including heavy rain from repeated typhoons in summer and Tokyo recording its first snowfall in November since records began, catches of seasonal fresh fish were generally poor. As a result, same-store sales for the current consolidated fiscal year declined 2.7% from the previous year.」

「In addition to the impact of adverse weather, including heavy rain from repeated typhoons in summer and Tokyo recording its first snowfall in November since records began, catches of seasonal fresh fish were generally poor. As a result, same-store sales for the cumulative third quarter declined 2.4% from the same period of the previous year.」