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I will now move on to the Tokyu Hands segment.
In the first quarter, the segment posted declines in both revenue and profit mainly due to the closure of stores amid the spread of the coronavirus and shorter opening hours after the state of emergency was lifted.
In our full-year forecast, we project lower revenue and lower profit due to the closure and shorter opening hours of stores associated with the spread of the coronavirus.
We are working to further strengthen other pillars of earning such as the EC business in response to changing lifestyles under the new normal.
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