www.tetsujin.ne.jp/topics/news/pdf2019/20190115b.pdf

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2019年８月期 第１四半期決算短信〔日本基準〕(連結)

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This document is the consolidated financial results for the first quarter of the fiscal year ending August 2019, released by Tetsujin Kakumei Co., Ltd. on January 15, 2019. The sales amounted to 1,616 million yen, a 1.0% decrease compared to the same period last year, with an operating loss of 82 million yen and a net loss attributable to shareholders of 66 million yen. The karaoke business showed signs of recovery with sales of 1,557 million yen, a slight increase of 0.1% year-on-year, thanks to effective management improvement activities. However, the CP business and other segments experienced declines in revenue amid intensifying competition. The company plans to strengthen its karaoke business and implement growth strategies moving forward.