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Last Update:2017/08/25

We wish to deliver even more smiles to women’s daily lives by our goods and services. 2016.January Mr. Hoshino Hiroyuki, President and Representative Director

We extend our sincere gratitude to all shareholders and investors for your continued support.
Senshukai announced its financial results for the second quarter of fiscal 2017.

In the six months ended June 30, 2017, in light of the fact that the performance in the mail order business, which is the main axis, has fallen short of the plan due to the fact that the speed of reform can not keep up with the speed of sales decline, we revised the earnings forecast announced on February 2, We recorded losses and decided to withdraw deferred tax assets.

The groups policy regarding with the distribution of earnings to shareholders is to strive continuously for a payout ratio of 30% on a consolidated basis.
Regrettably, the Company has decided not to pay interlim and a year-end dividend for the fiscal year under review.
We sincerely apologize to our shareholders and investors. In order to take this business performance correction seriously and clarify its managerial responsibility, we have reduced the executive remuneration.
Aiming to make the mail order business into surplus in FY2018, we withdraw our current mid- to long-term business plan, and We are now formulating a new 3-year medium-term management plan.

From now on reflecting the medium and long term management plan, we will speed up the reform and will make further efforts towards making it profitable.
We would like to ask for continued support and encouragement from all shareholders.