the future prediction that is believed to be reasonable in the present situation and compared to the carrying amount of assets related to the licenses. In addition, the Group has adjusted and restated

assessment or prediction of loss at a significant amount in the operating results for the year 2017. Based on the inside information, Woraphant sold 1,121,000 of his STEC shares in the securities trading

specific business of MODERN while attending the Board of Executive Directors meeting. Such inside information supported the prediction that the net profit of the second quarter of 2016 would drop

the information on the operating results of a specific business of MODERN while attending the Board of Executive Directors meeting. Such inside information supported the prediction that the net profit

.   Regarding the next 15-year perspective, the Secretary-General said: “It is difficult to make a clear-cut prediction while the digital asset industry is in constant, dynamic change. Nevertheless, the SEC is

. Remark : Preparation of financial prediction in this annual registration statement is voluntary and may be done at any period. In any case, the Company shall do so with discretion to ensure that the

mix and 2017 carry over benefit of $700K from Japan perpetual license deal. Corrective actions and controls are in place to mitigate rising labor costs and improve forecasting and purchasing practices

improve forecasting and purchasing practices. Country Company-operated Stores Licensed Stores Total United States 10 - 10 United States (Hawaii) - 1 1 Thailand 13 - 13 Japan 15 (50% JV) 16 31 South Korea

% gross profit margin, respectively. The increase of gross margin was due to the additional adjustment of the cost forecasting since end of 2019 causing a reduction of the gross profit margin. Cost of

to financial information; - In the case where the Company has disclosed a business plan or a financial prediction in the registration statement or the annual registration statement/annual report