Nurturing New Businesses Developed Using Proprietary Information and Technologies

「As demand for imported fresh flowers for online sales, including in the e-commerce market, remained strong, sales in the Other Businesses segment were ¥18 million, up 23.4% year on year, and the operating loss was ¥2 million, compared with an operating loss of ¥7 million in the same quarter of the previous fiscal year.」

「Sales of imported fresh flowers fell below the previous fiscal year because procurement volumes were insufficient due to adverse weather conditions and other factors in production areas, while procurement costs rose in response to exceptional logistics events and higher fuel and energy prices. As a result, net sales in Other were ¥77 million (down 10.5% year on year), while the operating loss was ¥27 million (an operating loss of ¥19 million in the previous year).」

「Sales of imported fresh flowers fell below the previous fiscal year because procurement did not proceed as planned due to adverse weather conditions and other factors in major countries of origin. As a result, net sales in Other were ¥27 million (down 23.9% year on year), while the operating loss was ¥16 million (an operating loss of ¥6 million in the previous year).」

「Sales of imported fresh flowers during the interim consolidated accounting period fell below the previous year despite stable market conditions, primarily because imports declined due to flight cancellations caused by a period of adverse weather conditions. As a result, net sales in Other were ¥36 million (down 8.3% year on year), while the operating loss was ¥6 million (an operating loss of ¥5 million in the previous year).」

「Sales of imported fresh flowers during the third-quarter consolidated cumulative period fell below the previous year as production in domestic production areas increased amid the recovery in demand from COVID-19, causing selling prices to decline. As a result, net sales in Other were ¥73 million (down 13.1% year on year), while the operating loss was ¥10 million (operating profit of ¥1 million in the same period of the previous year).」

「Sales of imported fresh flowers during the second-quarter consolidated cumulative period fell below the previous year as production in domestic production areas was steadily supplied amid the recovery from COVID-19, causing selling prices to decline. As a result, net sales in Other were ¥39 million (down 7.7% year on year), while the operating loss was ¥5 million (an operating loss of ¥2 million in the same period of the previous year).」

「In Other, which the Group is working to develop and nurture as a new business area supporting its growth, the Group sells cut flowers imported from Africa in Japan and identifies products for new-market development, while actively pursuing potential new business opportunities and considering commercialization through trial sales and other activities. In sales of imported fresh flowers during the first-quarter consolidated cumulative period, selling prices fell because stable production in domestic production areas ensured a steady supply. As a result, net sales in Other were ¥23 million (down 15.5% year on year), while the operating loss was ¥3 million (operating profit of ¥2 million in the same quarter of the previous year).」

「In Other, which the Group is working to develop and nurture as a new business area supporting its growth, the Group sells cut flowers imported from Africa in Japan and explores potential new business opportunities, while proposing new products to relevant industries for market development and considering commercialization through trial sales and other activities. During the third-quarter consolidated cumulative period, despite difficulty securing air cargo transportation, the Group increased distribution volumes from overseas production areas year on year, leading to the development of new sales outlets and increased handling volumes. As a result, net sales in Other were ¥85 million (up 17.6% year on year), while operating profit was ¥1 million (down 75.6% year on year).」

「In Other, which the Group is working to develop and nurture as a new business area supporting its growth, the Group sells cut flowers imported from Africa in Japan and explores potential new business opportunities, while proposing new products to relevant industries for market development and considering commercialization through trial sales and other activities. During the second-quarter consolidated cumulative period, handling of imported cut flowers for gifts increased as the Group developed sales channels in anticipation of growing home-use demand. As a result, net sales in Other were ¥43 million (up 16.1% year on year), while the operating loss was ¥2 million (operating profit of ¥0 million in the same quarter of the previous year).」

「In Other, which the Group is working to develop and nurture as a new business area supporting its growth, the Group sells cut flowers imported from Africa in Japan and pursues potential new business opportunities, while identifying products for new-market development and considering commercialization through trial sales and other activities. During the first-quarter consolidated cumulative period, handling of imported cut flowers for gifts increased in anticipation of growing demand for home use. As a result, net sales in Other were ¥28 million (up 16.0% year on year), while operating profit was ¥2 million (up 273.8% year on year).」

「In Other, which the Group is working to develop and nurture as a new business area supporting its growth, the Group sells cut flowers imported from Africa in Japan and explores potential new business opportunities, while introducing new products for market development and considering commercialization through trial sales and other activities. In sales of imported fresh flowers during the third-quarter consolidated cumulative period, international air cargo transportation was gradually normalizing from the same quarter of the previous year, when it had stagnated due to the spread of COVID-19, and handling volumes increased. As a result, net sales in Other were ¥72 million (up 116.8% year on year), while operating profit was ¥7 million (¥0 million in the same quarter of the previous year).」

「In Other, which the Group is working to develop and nurture as a new business area supporting its growth, the Group is exploring potential new business opportunities, including the domestic sale of fresh flowers imported from Africa, while introducing new products for market development and considering commercialization through trial sales and other activities. In sales of imported fresh flowers during the second-quarter consolidated cumulative period, international air cargo transportation was gradually normalizing from the same quarter of the previous year, when it had stagnated due to the spread of COVID-19, and handling volumes increased. As a result, net sales in Other were ¥37 million (up 921.3% year on year), while operating profit was ¥0 million (an operating loss of ¥5 million in the same quarter of the previous year).」

「In sales of imported fresh flowers during the first-quarter consolidated cumulative period, international air cargo transportation was gradually normalizing from the same quarter of the previous year, when it had stagnated due to the spread of COVID-19, and handling volumes increased. As a result, net sales in Other were ¥24 million (¥1 million in the same quarter of the previous year), while operating profit was ¥0 million (an operating loss of ¥3 million in the same quarter of the previous year).」

「During the third-quarter consolidated cumulative period, sales of imported fresh flowers were returning to normal, but the business was significantly affected by the closure of airports in the countries of origin during the first half due to the spread of COVID-19 and restrictions on imports using available space on irregular flights. The volume handled declined as a result. Other Businesses generated revenue of ¥33 million, down 43.3% year on year, while operating profit was ¥0 million, down 98.7% year on year.」

「During the second-quarter consolidated cumulative period, sales of imported fresh flowers declined because airports in the countries of origin were closed due to the spread of COVID-19, restricting imports using available space on irregular flights. As a result, Other Businesses generated revenue of ¥3 million, down 85.7% year on year, and recorded an operating loss of ¥5 million, compared with operating profit of ¥0 million in the same quarter of the previous year.」

「In Other Businesses, where we are working to develop and nurture new business areas that will support the growth of our group, we are pursuing potential new business opportunities, including the domestic sale of fresh flowers imported from Africa, while introducing new products and other offerings for market development and considering commercialization through trial sales and other activities. During the first-quarter consolidated cumulative period, sales of imported fresh flowers declined because airports in the countries of origin were closed due to the spread of COVID-19, reducing the volume handled. As a result, Other Businesses generated revenue of ¥1 million, down 90.7% year on year, and recorded an operating loss of ¥3 million, compared with operating profit of ¥1 million in the same quarter of the previous year.」

「In Other Businesses, where we are working to develop and nurture new business areas that will support the growth of our group, we are introducing new products and other offerings for market development and considering commercialization through trial sales and other activities in pursuit of potential new business opportunities. During the third-quarter consolidated cumulative period, Other Businesses generated revenue of ¥58 million, up 45.4% year on year, and operating profit was ¥4 million, compared with an operating loss of ¥0 million in the same quarter of the previous year.」

「In Other Businesses, where we are working to develop and nurture new business areas that will support the growth of our group, we are introducing new products and other offerings for market development and considering commercialization through trial sales and other activities in pursuit of potential new business opportunities. During the second quarter, Other Businesses generated revenue of ¥25 million, up 16.2% year on year, and operating profit was ¥0 million, compared with an operating loss of ¥0 million in the same quarter of the previous year.」

「In Other Businesses, where we are working to develop and nurture new business areas that will support the sustainable growth of our group, we are introducing new products and other offerings for market development and considering commercialization through trial sales and other activities in pursuit of potential new business opportunities. During the first-quarter consolidated cumulative period, Other Businesses generated revenue of ¥15 million, up 16.2% year on year, and operating profit was ¥1 million, compared with an operating loss of ¥0 million in the same quarter of the previous year.」

「In Other Businesses, where we are working to develop and nurture new business areas that will support the growth of our group, we are introducing new products and other offerings for market development and considering commercialization through trial sales and other activities in pursuit of potential new business opportunities. During the third quarter, Other Businesses generated revenue of ¥40 million, up 14.7% year on year, and recorded an operating loss of ¥0 million, compared with operating profit of ¥1 million in the same quarter of the previous year.」

「During the second quarter, Other Businesses generated revenue of ¥21 million, up 72.6% year on year, and recorded an operating loss of ¥0 million, compared with an operating loss of ¥3 million in the same quarter of the previous year.」

「In Other Businesses, where we are working to develop and nurture new business areas that will support the growth of our group, we are introducing new products and other offerings for market development and considering commercialization through trial sales and other activities in pursuit of potential new business opportunities. During the first quarter, Other Businesses generated revenue of ¥13 million, up 43.1% year on year, and recorded an operating loss of ¥0 million, compared with an operating loss of ¥1 million in the same quarter of the previous year.」

「In Other Businesses, where we are working to develop and nurture new business areas that will support the growth of our group, we are exploring potential new business opportunities through trial sales and other activities. During the third-quarter consolidated cumulative period, Other Businesses generated revenue of ¥35 million, up 498.2% year on year, and operating profit was ¥1 million, compared with an operating loss of ¥6 million in the same quarter of the previous year.」

「In Other Businesses, where we are working to develop and nurture new business areas that will support the growth of our group, we are exploring potential new business opportunities through trial sales and other activities. During the second-quarter consolidated cumulative period, Other Businesses generated revenue of ¥12 million, up 380.1% year on year, and recorded an operating loss of ¥3 million, compared with an operating loss of ¥4 million in the same quarter of the previous year.」

「In Other Businesses, where we are working to develop and nurture new business areas that will support the growth of our group, we are exploring potential new business opportunities through trial sales and other activities. During the first-quarter consolidated cumulative period, Other Businesses generated revenue of ¥9 million, up 427.4% year on year, and recorded an operating loss of ¥1 million, unchanged from the same quarter of the previous year.」

「In Other Businesses, we are pursuing distinctive activities by comprehensively using the various information and proprietary technologies held by our group to develop and nurture new businesses that will support its growth. The business has not yet reached full-scale sales and remains at the trial-sales stage, but revenue was ¥13 million, up 244.3% year on year, while the operating loss was ¥7 million, compared with an operating loss of ¥2 million in the same period of the previous year.」