Notice on the earnings forecast for our subsidiary (Starts Publishing Co., Ltd.)

Section heading

This document is a notice regarding the differences between the earnings forecast and actual results for the second quarter of the fiscal year ending December 2026, and revisions to the full-year forecast. The factors cited include trends in sales, profit dynamics, and costs such as promotion expenses. The text analyzes the reasons for the differences and explains the revision policy based on future assumptions, emphasizing the review of factors that could impact medium-term outlook.

Section 2 heading

It describes the revised approach for the full-year forecast, key points considering shareholder impact, areas of focus going forward, cost-cutting measures, and reevaluation of investment plans. This provides investors with an understanding of the uncertainty in future performance and the actions the company intends to take.