GINZA RENOIR CO.,LTD. [9853.T]

TOKYO, Apr 01 (Pulse News Wire) – Ginza Renoir CO.,LTD. (9853.T) amended its March 31 special gain announcement due to errors in the description of the special gains.

The correction pertains specifically to the content of the special gains reported under item 1. Previously, the company stated that a portion of its operated stores would withdraw due to the lessee's circumstances, leading to the expectation of receiving compensation payments totaling ¥51 million.

However, the corrected version clarifies that the withdrawal was due to the lessor’s circumstances, resulting in anticipated compensation payments of ¥51 million being recorded as special gains. This amendment ensures the accuracy of the financial reporting related to the special gains, reflecting the correct reasons behind the expected compensation income.

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