FY2021 Financial Results(January-December)
EPCO Co., Ltd Securities Code: 2311 February 14, 2022
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Challenge to Evolution
DX Strategy × Carbon-Neutral
- FY2021 Results and Summary
- Mid-termBusiness Plan Progress
03. Appendix.
FY2021｜ Highlight of the Results
01. Sales and Operating Profit (EPCO)
Current consolidated fiscal year results are increased in sales (JPY 4,690 mil., +7.2％),
but flat in profit (JPY 430 mil., -0.9％)
（Our main business, D-TECH and H-M keep advance investment for business transformation)
02.
03.
Equity in Earnings of Affiliates (TEPCO HomeTech)
Current consolidated fiscal year results of equity in earnings of affiliate is decreased JPY-90 mil. （YoY:-JPY 80 mil. ）due to the continuous impact of TEPCO Energy Partner Inc.'s self-restraint on sales activities.
Expecting profitability to improve by increasing Enecari order by strengthening the partnership with housing companies.
Current Net Profit
Current net profit（JPY 650 mil.,＋50.2％) is the highest on record by profit from sales of shares of ENECHANGE LTD as JPY620 mil.
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FY2021｜ Summary of Consolidated Financial Results
Net profit is the highest on the record by profit from sales of shares of ENECHANGE Ltd. as JPY622 mil.
(JPY Million) | ||||||||||||
FY2021 | ||||||||||||
Consolidated Profit | FY2020 | |||||||||||
Vs. Forecast | YoY | |||||||||||
and Loss | Results | Forecast | Results | |||||||||
(*) | Changes | Ratio | Changes | Ratio | ||||||||
Net Sales | 4,380 | 4,696 | -75 | -1.6% | ＋315 | ＋7.2% | ||||||
4,771 | ||||||||||||
Operating Profit | 441 | 474 | 437 | -37 | -7.8% | -4 | -0.9% | |||||
Ordinary Profit | 465 | 370 | -30 | -7.5% | -94 | -20.3% | ||||||
401 | ||||||||||||
Net Profit | 438 | 631 | 658 | ＋27 | ＋4.3% | ＋220 | ＋50.2% | |||||
Ordinary Profit Ratio | 10.6% | 8.4% | 7.9% | -0.5P | - | -2.7P | - | |||||
(*) Forecast figure is revised forecast on Dec. 14, 2021
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FY2021 ｜ Summary of Net Sales of Each Business
E-Saving Business (Newly subsidiary aquiaition of ENE's) and H-M business lead increase in sales
(JPY Million) | |||||||||
FY2020 | FY2021 | ||||||||
Segments | |||||||||
vs. Forecast | YoY | ||||||||
Results | Forecast | Results | |||||||
Changes | Ratio | Changes | Ratio | ||||||
D-TECH Business | 2,228 | 2,275 | 2,249 | -25 | -1.1% | ＋21 | ＋1.0% | ||
Facility Design (Water | 1,716 | 1780 | 1,849 | ＋69 | ＋3.9% | ＋133 | ＋7.7% | ||
Supply, drainage, | |||||||||
electricity) | 370 | 280 | 240 | -40 | -14.3% | -130 | -35.1% | ||
Architectural Design | |||||||||
Energy Design | 123 | 147 | 129 | -18 | -12.2% | ＋6 | ＋5.0% | ||
BIM related (New | 17 | 66 | 30 | -36 | -54.9% | ＋12 | ＋70.9% | ||
Business) | |||||||||
H-M Business | 1,228 | 1,340 | 1,345 | ＋4 | ＋0.3% | ＋117 | ＋9.6% | ||
E-Saving Business | 529 | 881 | 792 | -89 | -10.1% | ＋263 | ＋49.7% | ||
System Development | 395 | 273 | 308 | ＋34 | ＋12.8% | -86 | -21.9% | ||
Business | |||||||||
Total Sales | 4,380 | 4,771 | 4,696 | -75 | -1.6% | ＋315 | ＋7.2% | ||
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