Gain on negative goodwill arising from the succession of the Meibundo business

「In the Tsutaya Bookstore business segment, during the current interim consolidated accounting period, the Company acquired bookstore operations centered on book and stationery sales through an absorption-type company split. 明文堂プランナー was the split company, and 株式会社明文堂, newly established as the Company's subsidiary, was the successor company. As a result, the Company recognized a gain on negative goodwill of ¥747.680 million as an extraordinary gain.」