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I will now move on to the Tokyu Hands segment.
In the fiscal year ended March 31, 2020, revenue rose year on year, primarily at existing stores, in the first six months. In the full year, however, both revenue and profit fell due to the consumption tax hike in the third quarter and the spread of the coronavirus in the fourth quarter.
For the fiscal year ending March 31, 2021, the segment projects a decrease in revenue and profit, given the closure of stores and the scaling down of operations at stores due to the spread of the coronavirus.
Following the declaration of a state of emergency, the stores are temporarily closed. Certain stores resumed operation from May 11, with reduced operating hours.
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