Higher expenses in the outdoor goods business due to a review of the staffing structure

「In the outdoor goods business, we strengthened sales through customer-attraction events such as sales campaigns and communications via social media. However, expenses increased as a result of reviewing our staffing structure, resulting in revenue of ¥127 million, up 3.3% year on year, and an operating loss of ¥1 million, compared with operating profit of ¥3 million in the same period of the previous year.」