Casa Inc.
Financial Results Presentation for the first Quarter 2023
Listed Code ： 7196
Consolidated income statement
Sales and profits are steadily increasing against the plan
FY2021 / 1Q | FY2022 / 1Q | ||
Last year | |||
Unit: One million yen | Amount of money | Amount of money | |
Change amount | |||
Net Sales | 2,657 | 2,555 | △ 102 |
Operating Profit | 134 | 45 | △ 88 |
Ordinary Profit | 161 | 78 | △ 83 |
Profit attributable to | 94 | 24 | △ 70 |
owners of parent | |||
Copyright © 2022 Casa Inc.
2Q plan
Progress rate
50.3%
34.8%
47.6%
37.5%
1
Breakdown of sales
FY2021 / 1Q | FY2022 / 1Q | |||||||
Last year | Year-over-year | |||||||
Unit: One million yen | Amount of money | Amount of money | ||||||
Change amount | basis | |||||||
Net Sales | 2,657 | 2,555 | △ 102 | 96.2% | ||||
Initial guarantee fee | 1,403 | 1,218 | △ 185 | 86.8% | ||||
Continuation guarantee | 1,243 | 1,320 | 77 | 106.2% | ||||
fee * | ||||||||
Cost of sales | 1,275 | 1,226 | △ 48 | 96.2% | ||||
Provision of allowance | 770 | 737 | △ 33 | 95.7% | ||||
for doubtful accounts | ||||||||
Referral fee | 244 | 271 | 27 | 111.2% | ||||
Lawsuit / Dispose | 257 | 215 | △ 42 | 83.4% | ||||
expense | ||||||||
Gross profit | 1,382 | 1,328 | △ 53 | 96.1% | ||||
* Monthly guarantee fee is included in the annual guarantee fee.
Copyright © 2022 Casa Inc.
Although there is an impact from the review of the profitability of the agency in the previous fiscal year, it remains as planned.
The delinquency rate remains as planned. The amount of right to reimbursements generated is lower than expected.
Temporarily increased
the number of proceedings due to the influence of COVID-19 decreased.
2
Major KPIs
New contract
Unit:cases
34,703 35,127
Recovers to an increasing trend from a decrease due to a review of profitability
FY2021/1Q FY2022/1Q
Contracts Held
Unit:cases | 571,414 |
566,224 | New contracts increased |
and expanded steadily |
FY2021/1Q FY2022/1Q
Unit:companies
10,217
Number of agencies
11,102
Increase in small-scale agencies YoY: +885 companies
Casa WEB usage rate
42%
Increased use of agencies. Strengthen promotion as operation costs are expected to be reduced
FY2021/1Q FY2022/1Q
Copyright © 2022 Casa Inc.
FY2021/1Q FY2022/1Q
3
Digitization of contract procedures accelerates
May 2022 Enforcement of the Building Lots and Buildings Transaction Business Law
Accelerates non-face-to-face and online transactions from face-to-face and written transactions
Application for move-in | Agreement | |||||
in person | Written |
Full ban on digitalization in real estate transactions
WEB application partner
At Home Co., Ltd.
Web application | Electronic contract |
Copyright © 2022 Casa Inc.
Full of necessary functions such as contract management and management software linkage
Supports a series of operations from application / contract to move-out notification. You can improve work efficiency by eliminating the need for fax and paper.
4
This is an excerpt of the original content. To continue reading it, access the original document here.