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to remain fragile as overall purchasing power has not yet recovered, and household debt remains at a high level. The operating result of the Company in this quarter is still in line with the plan

level of household debt and conservative spending are continue to hinder domestic consumption by limiting consumption with only necessary items, decreasing in spending frequency and low- price. The

. The Company has drawdown loan for acquisition of subsidiary shares in 2Q’18 causing rising debt level at the end of December 2018 and subsequently paid down loan from its operating cash flow and

, regarding to raw material cost increase. • During ending period of Q2/2018, price of rice, (raw material), were quoted moderately to adjusted level. However, referring to accumulative impact during first half

(“SE”) are at the same. In addition, gross profit margin was at the same level. 4. There is no realized revenue for Trading business in the first half of 2020. Selling and administrative expenses Selling