words or expressions are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the Company’s control that could
depress agricultural and even industrial production during the first half of this year (4) the subsequent effects of the aforementioned factors on employment and household income, which would hinder private
conditions. Nevertheless, risk factors still remain from the following 1) Contractions in private investment continue especially in the construction segment 2) Continued slowdown in manufacturing productions
ratios as stipulated by such loan agreements. (6) Factors Having Impact on Future Operating Results The Corporate Group expects that the overall market for construction materials during the second half of
conditions. Nevertheless, risk factors still remain from the following 1) Continuing weakness in the private investment especially in the construction segment 2) Continued slowdown in manufacturing productions
agreements. (6) Factors Having Impact on Future Operating Results The Corporate Group expects that the overall market for construction materials during the second half of this year will be weakening due to
MD&A may vary if any factors or situation are changed in the future; the investors are, therefore, required to have their own discretion regarding the usage of this information for any purpose. For
-looking statements as a result of a number of factors. We do not undertake to update our forward-looking statements to reflect future events or circumstances. The information in these materials is provided
Domestic Economy and Ready-to-Drink Fruit Juice Market In Q4/2017, domestic RTD fruit juice market continued to decrease 5% YoY and 3% QoQ, since the support factors for overall purchasing power is not yet
agreed by the Company and Seller Group, which was based on historical performance and forecast future performance of Target Group Hotel and Resort along with other related factors. However, referring to