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Investor Presentaiton

Business Environment Restaurants continued to face difficulties this period due to restrictions on operating hours and serving alcohol as a result of state-of-emergency declarations → Restaurant management continued to be reluctant to engage in sales promotion activities From October, the eating-out market showed signs of recovery after the state of emergency was lifted Business status of member restaurants (Web survey of member restaurants) Suspension Shortened business hours As usual 100% 4% 16% 7% 7% 6% 9% 12% 13% 22% 16% 20% 29% 30% 80% 43% 52% 56% 57% 58% 62% 62% 63% 67% 64% 75% 75% 60% 59% 78% 72% 67% 69% 67% 68% 61% 40% 66% 51% 37% 36% 36% 20% 44% 33% 33% 31% 27% 27% 26% 16% 17% 21% 15% 14% 0% Apr. May Jun. 8% 7% 6% 6% 5% 5% 5% Jul. Aug. Sep. Oct. Nov. Dec. Jan. 9% Feb. Mar. Apr. May Jun. 25% 23% 1% 2% Jul. Aug. Sep. Oct. Nov. Dec. 9% FY2020 FY2021 (in Tokyo) State of emergency Pre-emergency measures GURUNAVI 28% 65% 7% Jan. 2
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