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Anonymous /m/23421232#23424142
8/5/2025, 8:30:37 AM
>>23424139
Shareholder Q&A
[Question]
>The Toys and Hobby business's performance in fiscal 2024 significantly exceeded the previous year's results, but the earnings forecast for fiscal 2025 is for results to be roughly flat compared to the previous year. Please explain the reason for this.

[Answer]
>In the Toys and Hobby business, products targeted at high-end (adult) consumers are growing worldwide, and we plan to continue developing products centered on these products in fiscal 2025. We also plan to expand our business in many other categories, including trading card games, Gashapon, and confectionery. While the proportion of high-margin products such as trading card games is increasing, this is expected to be offset to some extent by rising costs in other categories. The impact of U.S. tariffs has not been factored into our published figures at this time, as there are many uncertainties that make it difficult to reasonably estimate, but we will continue to monitor the impact. In the Toys and Hobby business, we aim to achieve record performance for the eighth consecutive fiscal year.