Revenue Growth and Profitability Improvement in the Restaurant-Focused Business

「In the restaurant-focused business, revenue was ¥770 million, up 12.4% year on year, as Serafina New York Akasaka and SHARI Tokyu Kabukicho Tower, which opened during the previous consolidated fiscal year, contributed throughout the current interim consolidated accounting period, while inbound demand and corporate banquets increased and business entertainment and general dining remained strong. On the earnings side, the segment recorded a loss of ¥37 million, compared with a loss of ¥47 million in the prior-year period, due to an operating loss at the Vietnam business opened during the previous consolidated fiscal year and exit costs associated with the closure of certain stores.」

「In the restaurant-focused business, revenue was ¥1,575 million, up 37.9% year on year, as Soshoku Dining SHARI Nagarekawa and Cafe & Bar BACCANO, which opened during the previous consolidated fiscal year, and Serafina New York Akasaka and SHARI Tokyu Kabukicho Tower, which opened during the current consolidated fiscal year, contributed during the year. Inbound demand and corporate banquets increased, while business entertainment and general dining remained strong. Due to higher opening costs, including recruitment and consumables expenses related to new openings in Japan and Vietnam, the segment recorded a loss of ¥18 million, compared with a profit of ¥43 million in the prior-year period.」

「In the restaurant-focused business, revenue was ¥685 million, up 30.8% year on year, as Soshoku Dining SHARI Nagarekawa and Cafe & Bar BACCANO, which opened during the previous consolidated fiscal year, and Serafina New York Akasaka and SHARI Tokyu Kabukicho Tower, which opened during the current interim consolidated accounting period, contributed during the period. Inbound demand and corporate banquets increased, while business entertainment and general dining remained strong. Due to higher opening costs, including recruitment and consumables expenses for new stores, the segment recorded a loss of ¥47 million, compared with a profit of ¥17 million in the prior-year period.」

「In the restaurant-focused business, revenue was ¥1,142 million, up 28.0% year on year, due to higher existing-store sales resulting from increased inbound demand and corporate banquets and the recovery in business entertainment and general dining. Although opening costs, including consumables and personnel expenses related to new openings, increased, segment profit was ¥43 million, up 1.5% year on year.」

「In the restaurant-focused business, revenue was ¥524 million, up 28.2% year on year, and segment profit was ¥17 million, compared with a profit of ¥0 million in the prior-year period, due to higher sales at existing stores resulting from increased inbound demand and corporate banquets, together with the recovery in use for business entertainment and general dining.」

「In the restaurant-focused business, revenue was ¥250 million, up 30.2% year on year, and segment profit was ¥11 million, compared with a loss of ¥0 million in the prior-year period, due to higher sales at existing stores as inbound demand and corporate use continued to recover.」

「In the restaurant-focused business, revenue was ¥892 million, up 39.4% year on year, and segment profit was ¥42 million, compared with a loss of ¥13 million in the prior-year period. This reflected the full-year contribution from SHARI Akasaka, which opened during the previous consolidated fiscal year, and higher sales at existing stores driven by inbound demand and other factors, despite the absence of ¥42 million in employment adjustment subsidies and ¥22 million in subsidies related to shortened operating hours received during the previous consolidated fiscal year.」

「In the restaurant-focused business, revenue was ¥637 million, up 47.6% year on year, and segment profit was ¥5 million, compared with a loss of ¥23 million in the prior-year period. This was despite the absence of ¥42 million in employment adjustment subsidies and ¥22 million in cooperation subsidies for preventing the spread of infection related to shortened operating hours, as SHARI Akasaka, which opened during the previous consolidated fiscal year, contributed for the full year, no priority preventive measures were issued during the cumulative third quarter of the previous fiscal year, and customer traffic increased.」

「In the restaurant-focused business, revenue was ¥409 million, up 53.4% year on year, because SHARI Akasaka, which opened during the previous consolidated fiscal year, contributed for the full year and no priority preventive measures were issued during the cumulative second quarter of the previous fiscal year. Segment profit was ¥0 million, compared with a loss of ¥8 million in the prior-year period, despite the absence of ¥32 million in employment adjustment subsidies and ¥20 million in cooperation subsidies for preventing the spread of infection related to shortened operating hours, due to an increase in customer traffic and other factors.」