Cancellation of Events and Temporary Closure of Stores Due to the Spread of COVID-19

「In response to the state of emergency announced on 7 April, and to protect the health and safety of customers and employees and prevent the spread of infection, stores were temporarily closed from 8 April to 26 May, except for food floors, resulting in a sharp decline in sales. In the food business, which continued operating under these circumstances, daily-use items performed well as the trend toward stay-at-home consumption intensified. …Subsequently, following the phased lifting of the declaration, full-store operations resumed on 27 May 2020, although shortened operating hours continued, and sales have gradually begun to recover.」

「During the consolidated fiscal year, the spread of COVID-19 forced us to scale back operations from the beginning of the fiscal year, including cancelling all events held outside the stores. In response to the state of emergency announced by the government on 7 April, and to protect the health and safety of customers and employees and prevent the spread of infection, our stores have been temporarily closed from 8 April for the time being, except for their food floors.」