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Next, the Tokyu Hands segment is explained.
In the fiscal year ended March 31, 2018, the segment recorded decreases reflecting factors, including a decrease in revenues from existing stores, even though revenues from new stores posted an increase. In the meantime, profit for the segment grew mainly attributable to a decline in expenses.
For forecasts for the fiscal year ending March 31, 2019, we project increases in both revenues and profit, based on factors, including a projected rise in revenues from existing stores, in addition to an increase in revenues from new stores.
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