Fiscal Year Ended March 31, 2021
Financial Results
for FY2020
May 14, 2021
COPRO-HOLDINGS. Co., Ltd.
Contents
Financial Highlights
Key Performance Indicators
Breakdown of Sales
Forecasts and Major Initiatives for FY2021
Returning Shareholders
Appendix
©2021 COPRO-HOLDINGS. Co., Ltd. All rights reserved. | 1 |
Financial Highlights
Key Performance Indicators
Breakdown of Sales
Forecasts and Major Initiatives for FY2021
Returning Shareholders
Appendix
©2021 COPRO-HOLDINGS. Co., Ltd. All rights reserved. | 2 |
Consolidated Financial Results
Net sales increased for 15 consecutive years due to an increase in the number of engineers.
Phase income decreased mainly due to an increase in cost of sales ratio under the "equal pay for equal work" system.
（millions of yen） | ||||
FY2019 | FY2020 | Year-on-year | ||
(Amount) | (%) | |||
Net sales | 13,122 | 14,836 | +1,713 | +13.1％ |
Cost of sales | 8,746 | 10,539 | +1,792 | +20.5％ |
Ratio to sales | 66.7％ | 71.0％ | － | +4.3pt |
Gross profit | 4,376 | 4,297 | △78 | △1.8％ |
Ratio to sales | 33.3％ | 29.0％ | － | △4.3pt |
SG&A expenses | 2,783 | 2,859 | +76 | +2.7％ |
Ratio to sales | 21.2％ | 19.3％ | － | △1.9pt |
Operating profit | 1,592 | 1,437 | △155 | △9.7％ |
Ratio to sales | 12.1％ | 9.7％ | － | △2.4pt |
Ordinary profit | 1,585 | 1,439 | △145 | △9.2％ |
Ratio to sales | 12.1％ | 9.7％ | － | △2.4pt |
Profit attributable to owners of | 1,084 | 1,009 | △74 | △6.9％ |
parent | ||||
Ratio to sales | 8.3％ | 6.8％ | － | △1.5pt |
©2021 COPRO-HOLDINGS. Co., Ltd. All rights reserved. | 3 |
Consolidated Operating Profit
Consolidated Operating Profit
1,437million yen
YOY △155 million yen, △9.7％
（millions of yen）
Main Change Factors
▪Net sales
- Increased by +13.1% YOY due to an increase in the number of engineers mainly due to the contribution from the opening of branches.
▪Cost of sales
- Engineer's salary base was raised in response to equal pay for equal work system, which went into effect in April 2020.
- Standby labor cost due to increased hiring of new graduated and engineers.
- Standby labor cost due to continuing adoption under COVID-19.
- Payments for special holidays accompanying home standby for engineers suspected of being infected with COVID-19.
▪SG&A expenses
- One-timecosts for future growth (123 million yen)
・Sales consulting, core system renewal expenses ・Investigation costs for full-fledged global business ・Expenses of safety measures to prevent COVID-19・Changing costs to 1st section of TSE and NSE
- Curtailment of operating expenses by promoting online meetings in response to the outbreak of COVID-19.
©2021 COPRO-HOLDINGS. Co., Ltd. All rights reserved. | 4 |
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