Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2021
[Japanese GAAP] (Consolidated)
November 12, 2020
Stock Listing: TSE

Name of Listed Company:
UCHIYAMA HOLDINGS INC.
Code Number: 6059
URL: http://www.uchiyama-gr.jp
Representative: Fumiharu Uchiyama, President and Representative Director
Contact Point: Tetsuo Kawakami, Director of General Affairs Department
Phone: (093) 551-0002
Scheduled Date of Dividend Payment Start: December 4, 2020
Scheduled Date of Financial Statements Filing: November 13, 2020
Supplementary materials for Financial Results: Yes
Investor conference for Financial Results: None

(Amounts are rounded down to the nearest one million yen)

1. Consolidated Financial Results for the First Half of the Fiscal Year Ending March 31, 2021 (April 1, 2020 – September 30, 2020)(% of change from previous year)(1) Consolidated Financial Results
Profit attributable to
Net sales
Operating income
Ordinary income
owners of parent
Millions of yen%%

Millions of yen%

FY 2021 1H
11,695(29.4)(553)(363)
FY 2020 1H
16,573
23.5
1,017
104.8
1,134
84.4
(Note) Comprehensive income FY 2021 1H: ¥(306) million (-%) FY 2020 1H: ¥795 million (72.6%)

(316)
735

62.5

Net income
per share

Millions of yen%

Diluted net income per
share
Yen

FY 2021 1H
FY 2020 1H

Yen(16.35)38.03(2) Consolidated Financial Position
Total assets-

Net assets

Millions of yen

FY 2021 1H
FY 2020(Reference) Equity capital:

Millions of yen

Equity ratio

Millions of yen

30,77529,622
FY 2021 1H: ¥15,674 million%

15,67450.9
16,07854.3
FY 2020: ¥16,078 million

2. Dividends
End of the 1Q
Yen

End of the 2Q
Yen

Dividends per share
End of the 3Q
Yen

Year-end

AnnualYen

Yen

FY 2020
5.00
5.00
10.00
FY 2021
5.00
FY 2021 (forecast)(Note) 1. Changes from the latest forecast announcement: None
2. Dividends for FY 2021 are still to be determined. We will announce them as soon as estimations become possible.
3. Forecasts of Consolidated Financial Results for the Fiscal Year Ending March 31, 2021 (April 1, 2020 - March 31, 2021)
It is difficult to reasonably calculate the impact on our business performance from the COVID-19 pandemic at the present
stage. Therefore, we have set our business forecast for the fiscal year ending March 31, 2021 to “pending.” We will promptly
announce our business forecast when it becomes possible to do so in the future.

*Notes(1) Changes in significant subsidiaries (changes of specified subsidiaries resulting in changes in scope of consolidation) during
the current term: None
(2) Application of the accounting procedures for producing quarterly consolidated financial statements: None
(3) Changes in accounting policies, accounting estimates and restatements:
1) Changes in accounting policies due to revisions of accounting standards:
2) Changes in accounting policies due to reasons other than above 1):3) Changes in accounting estimates:
4) Restatements:(4) Number of outstanding shares (common stock)1) Number of outstanding shares (including treasury
stock) at end of term2) Number of treasury stock at end of term3) Average number of shares

None
None
None
None

FY 2021 2Q

21,618,800 shares

FY 2020

21,618,800 shares

FY 2021 2Q

2,287,777 shares

FY 2020

2,287,777 shares

FY 2021 1H

19,331,023 shares

FY 2020 1H

19,331,023 shares

Note: The shares in the Company possessed by Custody Bank of Japan, Ltd. (Trust E) as a trust asset of the “stock benefit trust(J-ESOP)” (as of September 30, 2020: 72,150 shares / March 31, 2020: 72,150 shares) are included in the number oftreasury stock at end of term. In addition, the shares in the Company possessed by Custody Bank of Japan, Ltd. (Trust E) are
included in the treasury stocks to be deducted in the calculation of the average number of shares during the period (1H
ended September 30, 2020: 72,150 shares / 1H ended September 30, 2019: 72,150 shares ).
*Summary of financial results is out of scope of quarterly review by certified public accountant or audit corporation.
*Statement regarding the proper use of financial forecasts and other remarks
 Descriptions regarding the future, including the financial projections contained in this report, are based on certain
assumptions currently available to the Company, which are, at the discretion of the Company, deemed reasonable. Actual
financial results may significantly vary due to various factors. For assumptions used in forecasting financial results andprecautions in using the financial projections, please refer to “Analysis Concerning Future Forecasts Including
Consolidated Financial Projections” on page 3 of the Appendix.

○Table of contents of the appendix

1. Analysis Concerning Results of Operations and Financial Condition .......................................................................................... 2(1) Analysis Concerning Results of Operations ............................................................................................................................ 2(2) Analysis Concerning Financial Condition............................................................................................................................... 3(3) Analysis Concerning Future Forecasts Including Consolidated Financial Projections ........................................................... 3
2.

Quarterly Consolidated Financial Statements and Important Notes ......................................................................................... 4(1) Quarterly consolidated balance sheet ...................................................................................................................................... 4(2) Quarterly consolidated statements of income and comprehensive income ............................................................................. 6(3) Quarterly consolidated statement of cash flows ...................................................................................................................... 8(4) Notes to the quarterly consolidated financial statements........................................................................................................10(Notes to going concern assumptions) .....................................................................................................................................10(Notes on significant changes in the amount of shareholders’ equity) .....................................................................................10(Additional information) .........................................................................................................................................................10(Consolidated Statements of Income) ......................................................................................................................................10(Segment information, etc.) ..................................................................................................................................................... 11

1

1. Analysis Concerning Results of Operations and Financial Condition(1) Analysis Concerning Results of Operations
In the first half of the fiscal year, the global COVID-19 pandemic severely impacted economic activity in Japan and theoutlook for the economy is uncertain. In this difficult business climate, every business segment of the Uchiyama Group has
placed priority on preventing the spread of COVID-19 and on responses to the effects of this crisis on business operations.
There were many measures to improve operating efficiency by cutting costs in order to stabilize sales and earnings.
In the fiscal year’s first half, sales were down 29.4% from one year earlier to 11,695,405 thousand yen. There was an
operating loss of 553,526 thousand yen compared with an operating income of 1,017,761 thousand yen one year earlier, anordinary loss of 363,525 thousand yen compared with an ordinary income of 1,134,415 thousand yen one year earlier, and aloss attributable to owners of parent of 316,148 thousand yen compared with a profit attributable to owners of parent of
735,177 thousand yen one year earlier.
The results of each segment were as follows.
a. Nursing Care Business
During the first half, one new location was opened in April for daycare services, including after-school assistance forchildren with disabilities, and two fee-based nursing care facilities for seniors opened in May. As a result, there were 185
business sites at 107 locations as of the end of the first half.
This business has been using collaboration with academic institutions and governments for many years. Although we haverefrained from vigorous activities because of COVID-19, we will continue to conduct effective activities as much as possible.
We are actively accepting new residents of nursing care facilities while using thorough communications with individuals
and their families, hospitals and other parties in order to ensure the safety of everyone who relocates to one of our facilities.
As a result, the occupancy ratio remained stable. Average occupancy ratio at existing facilities during the first half was 95.2%
compared with 94.2% one year earlier.
To lower expenses, we hired more full-time employees, reduced the percentage of personnel from temporary staffing
companies and took other actions. Segment sales increased 5.5% from one year earlier to 9,952,186 thousand yen and thesegment income increased 8.8% to 740,152 thousand yen. Both sales and earnings are new records in this segment for the firsthalf of a fiscal year.
b. Karaoke Business
The business climate for this business was extremely challenging because of the request to stay home and reduced operating
hours due to COVID-19. Even after the end of government requests to shorten operating hours, the recovery in the number ofcustomers was slow because people were afraid of a second wave of infections and for other reasons. Karaoke locations areusing rigorous measures to prevent COVID-19 infections in order to provide customers with a safe environment. Due to thesechallenges, segment sales fell 58.1% from one year earlier to 1,461,142 thousand yen and there was a loss of 621,986 thousand
yen compared with a 381,755 thousand yen income one year earlier.
During the first half of the fiscal year, the karaoke business opened two stores and closed one, resulting in 92 stores at theend of the first half.
c. Restaurant BusinessOne restaurant was closed during the first half, resulting in 15 restaurants in Japan and two outside Japan at the end of thefirst half. As in the karaoke business, the operating environment for restaurants continues to be very difficult because of
COVID-19. As a result, sales were down 77.1% from one year earlier to 155,107 thousand yen and there was a loss of 127,400
thousand yen compared with a 15,450 thousand yen income one year earlier.
d. Real Estate Business
There was a large sale of real estate for sale in the first half of the previous fiscal year but no large transaction of properties
during the first half of the current fiscal year. As a result, brokerage services for rental properties were the primary componentof operations as usual in this business. Consequently, sales were down 97.3% from one year earlier to 78,816 thousand yen
and the segment income dropped 97.8% to 11,841 thousand yen.
e. Other businesses
In the hotel business, there were many activities to target demand created by the Japanese government’s Go To Travel
campaign that began in July 2020. As in the karaoke and restaurant businesses, the number of hotel guests decreased mainly
because of government requests for people to stay home to prevent the spread of COVID-19. However, the number of hotel
guests has been recovering slowly due in part to the government campaign to encourage people to travel. As a result, segment
sales decreased 53.9% to 48,151 thousand yen and the segment loss increased to 56,819 thousand yen from 37,749 thousand
yen one year earlier.

2(2) Analysis Concerning Financial Condition
1) Status of assets, liabilities and net assets
Total assets were 30,775,447 thousand yen at the end of the first half of the current fiscal year, 1,153,157 thousand yen morethan at the end of the previous fiscal year. Current assets increased 431,888 thousand yen to 15,507,115 thousand yen mainly
because of increases in cash and deposits and accounts receivable-trade. Noncurrent assets increased 721,269 thousand yen to
15,268,332 thousand yen. There were increases in buildings and structures and other investments and other assets and a decreasein other property, plant and equipment.
Liabilities increased 1,556,769 thousand yen to 15,100,855 thousand yen. Current liabilities decreased 149,093 thousand yen
to 6,149,141 thousand yen. Accounts payable-trade and short-term borrowings decreased and the current portion of long-termborrowings and income taxes payable increased. Noncurrent liabilities increased 1,705,862 thousand yen to 8,951,714 thousand
yen, which included an increase in long-term borrowings and decreases in bonds payable and other noncurrent liabilities.
Net assets decreased 403,612 thousand yen to 15,674,592 thousand yen mainly because of a decrease in retained earnings
caused by dividend payments and loss attributable to owners of parent.
2) Situation of cash flow
Cash and cash equivalents were 10,661,351 thousand yen at the end of the first half, 289,690 thousand yen more than at
the end of the previous fiscal year. The following is a summary of cash flows.
(Operating activities)
Net cash used in operating activities was 493,429 thousand yen compared with a positive cash flow of 2,796,724 thousand
yen one year earlier. Major uses of cash were the loss before income taxes of 470,411 thousand yen, expenditures due totemporary suspensions of business activities of 265,889 thousand yen and income taxes paid of 194,749 thousand yen.
Major sources of cash were recognition of depreciation of 295,607 thousand yen and recognition of losses due to temporary
suspensions of business activities of 289,166 thousand yen.
(Investing activities)
Net cash used in investing activities was 675,959 thousand yen compared with 347,831 thousand yen one year earlier.
Major uses of cash were 715,846 thousand yen for the purchase of property, plant and equipment and payments into time
deposits of 175,716 thousand yen. Proceeds of 220,617 thousand yen from sales of property, plant and equipment were themajor source of cash.
(Financing activities)
Net cash provided by financing activities was 1,460,990 thousand yen compared with a negative cash flow of 527,844
thousand yen one year earlier. The major source of cash was proceeds from long-term borrowings of 3,496,100 thousand
yen. The major uses of cash were a net decrease of 369,600 thousand yen in short-term borrowings and payments of
1,436,542 thousand yen for the repayment of long-term borrowings and 101,992 thousand yen for repayments of installment
payables.

(3) Analysis Concerning Future Forecasts Including Consolidated Financial Projections
There is no forecast for consolidated results of operations for the fiscal year ending in March 2021 because it is impossibleat this time to determine the effects of the COVID-19 crisis. An announcement will be made promptly when it becomes
possible to determine a forecast.

3

2. Quarterly Consolidated Financial Statements and Important Notes(1) Quarterly consolidated balance sheet(Thousands of yen)
FY ended March 31, 2020
(As of March 31, 2020)

2Q of FY ending March 31, 2021
(As of September 30, 2020)

AssetsCurrent assets
Cash and deposits

10,678,737

11,017,406

Accounts receivable - trade
Merchandise

2,205,597
48,6572,283,117
43,427

Real estate for sale
Supplies

1,040,569
317

1,041,185
305

Other
Allowance for doubtful accounts

1,111,685(10,337)

1,121,714(40)

Total current assets

15,075,227

15,507,115

Buildings and structures, net
Land4,638,414
2,505,871

5,368,889
2,599,907

Other, net

1,340,803

770,175

Total property, plant and equipment

8,485,089

8,738,973

56,25850,884

Other
Allowance for doubtful accounts

6,027,151(21,435)

6,507,525(29,050)

Total investments and other assets

6,005,715

6,478,474

14,547,062

15,268,332

29,622,290

30,775,447

Noncurrent assets
Property, plant and equipment

Intangible assets
Investments and other assets

Total noncurrent assets
Total assets4

(Thousands of yen)
FY ended March 31, 2019
(As of March 31, 2019)

2Q of FY ending March 31, 2020
(As of September 30, 2019)

Liabilities
Current liabilities
Accounts payable - trade587,223

499,581

Short-term borrowings
Current portion of bonds payable

1,079,600
60,000710,000
60,000Current portion of long-term borrowings
Income taxes payable

2,274,206
199,758

2,528,857
255,223

Provision for bonuses
Provision for point card certificates

300,658
106,564

310,678
112,352

Provision for shareholder benefit program
Asset retirement obligations

15,810-14,151Other

1,674,413

1,658,297

Total current liabilities

6,298,234

6,149,141

180,000

150,000

5,927,609
222,031

7,732,516
211,277

2,503
913,707

3,511
854,4097,245,851

8,951,714

13,544,085

15,100,855

Shareholders’ equity
Share capital

2,222,935

2,222,935

Capital surplus
Retained earnings

2,664,695
12,409,369

2,664,695
11,996,204

Treasury shares(1,164,420)(1,164,420)

Total shareholders’ equity

16,132,579

15,719,414

Valuation difference on available-for-sale securities
Foreign currency translation adjustment(53,206)(1,168)(44,111)(711)

Total accumulated other comprehensive income(54,374)(44,822)

Total net assets

16,078,205

15,674,592

Liabilities and net assets

29,622,290

30,775,447

Noncurrent liabilities
Bonds payable
Long-term borrowings
Asset retirement obligations
Provision for share-based remuneration
Other
Total noncurrent liabilities
Total liabilities
Net assets

Accumulated other comprehensive income5(2) Quarterly consolidated statements of income and comprehensive income
Quarterly consolidated statement of income
For the first half
(Thousands of yen)
1H of FY ended Mar. 31, 2020
(Apr. 1, 2019 - Sep. 30, 2019)

1H of FY ending Mar. 31, 2021
(Apr. 1, 2020 - Sep. 30, 2020)

Net sales

16,573,677

11,695,405

Cost of sales

14,689,000

11,428,822

Gross profit

1,884,676

266,582

Provision for bonuses
Taxes and dues

8,565
257,301

8,824
271,372

Other

601,048

539,912Selling, general and administrative expenses

866,915820,109

Operating income (loss)

Total selling, general and administrative expenses

1,017,761(553,526)

Non-operating income
Interest income

3,786

4,524

Dividend income
Subsidy income

15,68344,68523,99890,202

Other

101,386

115,173

Total non-operating income

165,542

233,898

31,13829,291

17,74914,606

Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income (loss)
Extraordinary income
Gain on sales of non-current assets

48,88743,897

1,134,415(363,525)-

86,627

Gain on insurance claims-

39,350Subsidy income*1-

60,671

Total extraordinary income-

186,649

11,000-4,368-

289,166

Extraordinary losses
Loss on retirement of non-current assets
Impairment loss
Loss resulting from temporary closure, etc.*2
Total extraordinary losses

11,000293,535

Income (loss) before income taxes

1,123,415(470,411)

Income taxes-current
Income taxes-deferred

298,61489,622

195,993(350,256)

Total income taxes

388,237(154,263)

Net income (loss)

735,177(316,148)

Net profit (loss) attributable to owners of parent

735,177(316,148)

6

Quarterly consolidated statement of comprehensive income
For the first half
(Thousands of yen)
1H of FY ended Mar. 31, 2020
(Apr. 1, 2019 - Sep. 30, 2019)

1H of FY ending Mar. 31, 2021
(Apr. 1, 2020 - Sep. 30, 2020)

Net income (loss)

735,177(316,148)

Other comprehensive income
Valuation difference on available-for-sale securities

61,518

9,094

(760)

457

Foreign currency translation adjustment

60,757

9,552

Comprehensive income

Total other comprehensive income

795,935(306,596)

Comprehensive income attributable toComprehensive income attributable to owners of theparentComprehensive income attributable to non-controllinginterests

795,935(306,596)--7

(3) Quarterly consolidated statement of cash flows(Thousands of yen)
1H of FY ended Mar. 31, 2020
(Apr. 1, 2019 - Sep. 30, 2019)

1H of FY ending Mar. 31, 2021
(Apr. 1, 2020 - Sep. 30, 2020)

1,123,415
366,552
1,940
4,065

(470,411)
295,607
4,368(2,681)
10,020

6,450

5,787

(13,095)(15,810)

2,503

1,008

11,000(19,470)
31,138(156,704)
2,272,634(163,940)(64,589)(295,265)
31,4383,138,074
16,498(31,454)(435,727)
109,333
2,796,724(86,627)(39,350)(60,671)
289,166(28,523)
29,291(77,524)
4,430(75,593)(87,270)
122,755(6,285)(188,313)
25,326(28,561)
60,671(265,889)(194,749)
98,087(493,429)(568,065)
354,176(16,900)(130,226)
130,221(48,344)(715,846)
220,617(9,363)(120,450)(6,000)(175,716)
130,232(21,121)

94,297

5,729(83,203)
24,376(104,163)(347,831)(22,100)
26,962(75,534)
86,630(675,959)

Cash flows from operating activities
Income (loss) before income taxes
Depreciation
Impairment loss
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in provision for bonuses
Increase (decrease) in provision for point cardcertificates
Increase (decrease) in provision for shareholder benefit
programIncrease (decrease) in provision for share-based
remuneration
Loss (gain) on sales of non-current assets
Loss on retirement of non-current assets
Gain on insurance claims
Subsidy income
Loss resulting from temporary closure, etc.
Interest and dividend income
Interest expenses
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Increase (decrease) in accrued consumption taxes
Increase (decrease) in trade payables
Increase (decrease) in other current liabilities
Other
SubtotalInterest and dividends received
Interest paid
Proceeds from subsidy income
Temporally closure expenses
Income taxes paid
Income taxes refund
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Proceeds from sales of investment securities
Payments for asset retirement obligations
Payments into time deposits
Proceeds from withdrawal of time deposits
Payments of leasehold and guarantee deposits
Proceeds from refund of leasehold and guarantee
deposits
Loan advances
Collection of loans receivable
Purchase of insurance funds
Proceeds from cancellation of insurance funds
Net cash provided by (used in) investing activities

8

(Thousands of yen)
1H of FY ended Mar. 31, 2020
(Apr. 1, 2019 - Sep. 30, 2019)

1H of FY ending Mar. 31, 2021
(Apr. 1, 2020 - Sep. 30, 2020)

331,600
880,000(1,471,332)(30,000)(141,034)(97,077)(527,844)(369,600)
3,496,100(1,436,542)(30,000)(101,992)(96,975)
1,460,990

1,260(1,911)

1,922,310
8,856,086
10,778,396

289,690
10,371,661
10,661,351

Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Proceeds from long-term borrowings
Repayments of long-term borrowings
Redemption of bonds
Repayments of installment payables
Dividends paid
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period9(4) Notes to the quarterly consolidated financial statements(Notes to going concern assumptions)
Nothing is applicable.
(Notes on significant changes in the amount of shareholders’ equity)
Nothing is applicable.
(Additional information)
No important changes have been made to the assumptions about the future spread of COVID-19 and the timing of its
containment and other matters described in “Additional Information” and “Accounting Estimates” in the securities report forthe previous consolidated fiscal year.
(Consolidated Statements of Income)*1 Subsidy income
We have temporarily closed or shortened business hours of stores in response to requests from the government and local
governments to contain the spread of the COVID-19 pandemic.
The government has provided subsidies under its Employment Adjustment program for leave allowances to cover wages
for shortened business hours and temporary closures of our stores. The company received 60,671 thousand yen in subsidy.
It is accounted as extraordinary income.

*2 Loss resulting from temporary closure, etc.
We have temporarily closed or shortened business hours of stores in response to requests from the government and local
governments to contain the spread of the COVID-19 pandemic.
The fixed costs incurred during the temporary closure (personnel costs, rents, depreciation, etc.) of 289,166 thousand yen
are posted as loss resulting from temporary closure, etc. in extraordinary loss.

10

(Segment information, etc.)[Segment information]
I. First half of the previous fiscal year (April 1 - September 30, 2019)
1. Information on sales and income or loss for each reporting segment(Thousands of yen)
Reporting segments

Consolidated

Other
businesses

Nursing Care

Karaoke

Restaurant

Real EstateBusiness

Business

Business

Business

9,434,782

3,484,623

677,635

-

5,655

Total

9,434,782

Segment income (loss)

680,506

Total

Adjustment statements ofamount*2

incomeTotal(Note) *1

2,872,262

16,469,303

104,373

16,573,677-

16,573,677

22,468600

28,724

3

28,727(28,727)-

3,490,278

700,104

2,872,862

16,498,028

104,376

16,602,404(28,727)

16,573,677

381,755

15,450537,756

1,615,467(37,749)

1,577,718(559,957)

1,017,761

amount*3

Sales
Sales to externalcustomers
Internal sales ortransferred amountamong the segments(Note) 1. The classification “other businesses” refers to business segments that are not included in reporting segments, andincludes hotel business.
2. The segment income (loss) adjustments amount, -559,957 thousand yen, includes 273,769 thousand yen in eliminationof intersegment transactions and -833,726 thousand yen in company-wide expenses that are not allocated to reporting
segments. The company-wide expenses are mainly selling, general and administrative expenses that are not allocatedto reporting segments.
3. Segment income (loss) is adjusted with operating income calculated in the consolidated statements of income.
2. Information on impairment loss of noncurrent assets, goodwill, etc. for each reporting segment
Nothing is applicable.

11II. First half of the current fiscal year (April 1 - September 30, 2020)
1. Information on sales and income or loss for each reporting segment(Thousands of yen)
Reporting segments

Consolidated

Other
businesses

Nursing Care

Karaoke

Restaurant

Real Estate

Total

Total

(Note) *1

Adjustment statements ofamount*2

incomeamount*3

Business

Business

Business

Business

9,952,186

1,461,142

155,10778,816

11,647,253

48,151

11,695,405-

11,695,405-

337

23,575600

24,512-

24,512(24,512)-

Total

9,952,186

1,461,479

178,682

79,416

11,671,766

48,151

11,719,918(24,512)

11,695,405

Segment income (loss)

740,152(621,986)(127,400)

11,841

2,607(56,819)(54,211)(499,315)(553,526)

Sales
Sales to externalcustomers
Internal sales ortransferred amountamong the segments(Note) 1. The classification “other businesses” refers to business segments that are not included in reporting segments, andincludes hotel business.
2. The segment income (loss) adjustments amount, -499,315 thousand yen, includes 251,170 thousand yen in eliminationof intersegment transactions and -750,485 thousand yen in company-wide expenses that are not allocated to reporting
segments. The company-wide expenses are mainly selling, general and administrative expenses that are not allocatedto reporting segments.
3. Segment income (loss) is adjusted with operating income calculated in the consolidated statements of income.
2. Information on impairment loss of noncurrent assets, goodwill, etc. for each reporting segment(Significant impairment loss in noncurrent assets)
We booked a 4,368 thousand yen of impairment loss in the restaurant business in the first half of the current fiscal year.

12