E2 - Termination Kerfuffle

Source: Crunchyroll
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(Please feel free to edit the speaker names if incomplete or inaccurate. Names are handled on a best-effort basis depending on the info on the source file. Dialogue is left as is.)
SIGN    RUMBLE
SIGN    RUMBLE
SIGN    RUMBLE
SIGN    RUMBLE
SIGN    RUMBLE
SIGN    RUMBLE
SIGN    RUMBLE
SIGN    RUMBLE
SIGN    RUMBLE
[00:09] Minami
    Hey, Saiko! Why shut down our club?
[00:11] Saiko
    Huh? Isn't it obvious?
[00:14] Saiko
    The Student Council can't spare a room for
    a club that doesn't have any achievements.
[00:20] Minami
    But this is all too sudden.
[00:23] Saiko
    Then I'll give you some time.
SIGN    POINT
[00:24] Saiko
    If you want to fight for it, you'd better
    achieve something during summer break.
[00:27] Tokiwa
    What do you mean "achieve"?
[00:28] Saiko
    You're asking me that question?
[00:30] Saiko
    What club are you supposed to be?
[00:32] Usagi
    Um... What was it again?
[00:35] Tokiwa
    Railway Fan Club.
[00:37] Kojika
    More specifically, it's Japan
    Railway Fan Club League Affiliated
SIGN    Japan Railway Fan Club
    League Affiliated
    Urawa Third High School
    Girls Railways Club
[00:39] ---
    Urawa Third High school Girls Railways Club.
[00:42] Tokiwa
    That's so specific. What does it matter?
[00:45] Saiko
    Well, it actually kind of does...
[00:50] Tokiwa
    Wh... What do you mean?
SIGN    SMIRK
[00:51] Sign
    SMIRK
[00:53] Sign
    SMIRK
[00:53] Sign
    SMIRK
[00:53] Tokiwa
    Tell us!
SIGN    Episode 2
SIGN    "Termination Kerfuffle"
SIGN    Takasago
SIGN    Musasi-no!
[01:12] Usagi
    Hey, so what do we do?
[01:14] Minami
    What are we supposed to achieve?
    I got no idea.
[01:17] Tokiwa
    Classic thing to do would
    be an independent study?
[01:21] Tokiwa
    Taking photos of trains,
    recording train sounds...
[01:23] Tokiwa
    Oh, there's also sampling and comparing
    railway bentos and Pokemon stamp rally.
[01:28] Minami
    Railway bento sounds good!
[01:30] Usagi
    Bento! Bento!
[01:31] Bunny
    Railway bentos are good, but our
    Black Sugar steamed bun is great, too!
SIGN    Now, it's time
    for a commercial!!
SIGN    People sometimes have a
    craving for something sweet.
SIGN    There's something you want
    to try just for a bite.
SIGN    Sakura-mochi
SIGN    Sakura-mochi
SIGN    Always supporting Urawa.
SIGN    Urawa
[02:04] Sign (On The Package)
    Takasago-chan
[02:06] Sign
    Steamed buns of Takasagoya
[02:06] Sign
    Steamed buns of Takasagoya
[02:24] Usagi
    Oh, I think I might have
    found our "achievement."
[02:28] Minami
    You think so, too, Usagi?
[02:30] Tokiwa
    What a coincidence.
[02:31] Tokiwa
    I was just thinking about the same thing.
SIGN    Hosted by Japan Railway Fan Club League
    All Japan Railway Championship
    Saitama Preliminary
[02:36] Usagi
    They're holding a preliminary!
[02:39] Usagi/Minami/Tokiwa
    Yeah!
[02:41] Kojika
    Seems like they finally found it, President.
[02:45] Saiko
    Things are going to heat up this summer!
[02:57] Nishiki
    Well... We will see about that.
SIGN    Musasi-no!
[03:02] Narrator
    Let us begin the Usagi-chan Gymnastics.
[03:14] Narrator
    Raise your arms up and start
    by stretching your whole body.
[03:20] Narrator
    And one, two, three, four...
[03:24] Narrator
    Fully stretch your spine.
    Now, moving on to arms and legs.
[03:28] Narrator
    Let's try and feel how Usagi-chan feels...