Although the global high demand for fishing tackle cooled down, interest in fishing continued, having gained recognition again as an outdoor leisure activity.

In the Japanese market, willingness to buy new products was strong among long-time fishing enthusiasts, and demand for high-priced products remained firm.

Overseas, while sales in the North American market softened as demand cooled down, in the European market, sales remained strong backed by stable demand.

In the Asian market, sales continued to be favorable supported by the spread of fishing culture and strong interest in fishing, and coupled with the resumption of economic activity, there arose growing momentum for fishing trips.

In the Australian market, the year started with favorable market conditions, however, sales became somewhat stagnant due to slowing demand.

Under these market conditions, order-taking was brisk for the new spinning reels VANQUISH and the highest-end model lure fishing rods WORLD SHAULA LIMITED, and other products.

As a result, net sales from this segment increased 7.0% from the same period of the previous year to 58,027 million yen, and operating income increased 4.5% to 11,843 million yen.