May 26, 2020
Skylark Holdings Co., Ltd.

Skylark to Change its Restaurants’ Closing Hours to 11:30 p.m.
in Response to New Consumer Lifestyles in the New Normal
Securing employment and creating new employment opportunities

Skylark Holdings Co., Ltd. (headquartered in Musashino City, Tokyo; Chairman, President and CEO:
Makoto Tani; code: 3197, Tokyo Stock Exchange; the “Company,” hereafter) has decided to unify closing
times at 11:30 p.m. and cease operations after midnight at all stores, from July 1, 2020.

Skylark Group willchange its Closing Hours
to 11:30 p.m. atall stores from July 1, 2020
All stores to be closed at 23:30
Enhance Lunch/ Dinner Time Service

People’s lifestyles have been changing due to the coronavirus outbreak. Responding promptly to this newliving style is the most significant for our long-term business growth.

1Enhancing Daytime Service: In Response to Customers’ Lifestyles

Even after the Coronavirus pandemic, demands for late-night restaurants are expected to decrease,
whereas lunch and dinner time demands are to be increased. In result, the group to reform restaurants’operating hours which are more suitable to the future lifestyles.

2

Human Resource Allocation as Delivery and Take-out Demands Increases

In the post-coronavirus society, delivery and take-out demands to be expanded, and expectations forrestaurant service quality will be higher than the pre-corona era. In response to this upcoming trend, wewould improve customer satisfaction by enhancing the service quality at lunch and dinner times, and bymeeting the customer’s demands for delivery and take-outs services.

YmnYmnDelivery Sales

Takeout Sales

Increase in number of registeredmembers for takeout siteNew registrants
All members

3

Friendly Working Environment for Women and Seniors

Even in the severe business environment, obtaining excellent personnel and improving employee
retention rate is essential for further corporate growth as a table service restaurant. Under the thoughtthat the realization of a society in which women and seniors can also play an active role will lead toenhanced employment, create work satisfaction, and as a result, deliver the best store experience tocustomers, the Company has been improving the work environment through shortening late-night
operating hours. Also, we are promoting the enhancement of work-life balance for all employees.

4

Securing Employment and Creating New Employment Opportunities

The Company is negotiating with employees those who worked in the late-night hours to change theirworking hours so that they could continue to play active roles. Also, we aim to create new employment
opportunities by responding demands for delivery and take-out at our restaurants nationwide.

[Store Information]
From July 1, 2020
All Skylark Group Stores to close at 23:30 (Some exceptions may apply)
Approx. 2,600 stores⚫

Some stores close before 23:30 by following the original closing time⚫

Some stores on commercial complex to follow the facilities’ closing times

Company Name

： SKYLARK HOLDINGS CO., LTD.

Representative： Makoto Tani, Chairman, President & CEO

Business Activities： Food services and related businesses

Listed Market： First Section of the Tokyo Stock Exchange （TSE code 3197）

Group Stores： 3,272 stores including overseas location （as of April 30, 2020）

Press Inquiries
Contact: Maki Yokota, Mai Kitaura
Public Relations, Skylark Holdings Co., Ltd.
TEL：0422-37-5310 E-MAIL: pr@skylark.co.jp