2020 Full-Year Results
From June 1, 2020 to May 31, 2021
ERI Holdings Co., Ltd.
July 13, 2021
E R I
E v a l u a t i o n , R a t i n g , I n s p e c t i o n
H o l d i n g s
Impact of coronavirus (COVID-19)
Market has trend around toward the post-pandemic
Year-on-year changes of the number of main services
Emergency declaration
Copyright © 2019 ERI holdings. All rights reserved | 2 |
Summary
We revised up initial earnings/dividends forecasts in the 4th quarter
- COVID-19pandemic has made housing/building market considerably stagnant, however those impacts on our business have been going within our assumption.
- In the fourth quarter, we recovered a depressed performance, and the profits exceeded our initial forecasts. Then we revised fiscal year end dividends upward to ¥15 per share from ¥10.
- Both new housing and non-housing starts were decreased, however the market shows a sign of recovery.
- Both Building Confirmation and Inspection and Housing Performance Evaluation services revenue decreased largely due to sluggish housing sector.
- Solution and Other services revenue also decreased.
- Year on year sales decreased, however, continuous cost reduction efforts and acquisition of Sakoken Co., Ltd. result in almost the same net income of the previous year.
Copyright © 2019 ERI holdings. All rights reserved | 3 |
Consolidated financial results
Previous | Reporting | Change | |||
fiscal year | fiscal year | ||||
(Millions of yen) | |||||
(Jun. 2019 - | (Jun. 2020- | Amounts | Ratio | ||
May 2020) | May 2021) | ||||
Net Sales | 14,842 | 14,397 | ▲444 | ▲3.0% | |
Operating Profit | 517 | 402 | ▲114 | ▲22.2％ | |
Operating Profit Ratio | 3.5% | 2.8% | ▲0.7% | - | |
Ordinary Profit | 598 | 474 | ▲123 | ▲20.7％ | |
Ordinary Profit Ratio | 4.0% | 3.3% | ▲0.7 | - | |
Profit Attributable to | 258 | 264 | 6 | 2.5％ | |
Owners of Parent | |||||
Profit per Share (Yen) | 33.69 | 33.95 | 0.26 | - | |
Copyright © 2019 ERI holdings. All rights reserved | 4 |
Change in net sales and operating profit
Net Sales | Operating Profit |
（Millions of Yen） | （Millions of Yen） |
Energy Building
Conservation Confirmation
Services
Housing
Performance
Evaluation
Solution
Services
Others
Breakdown of
the changes in sales described in the left figure.
Cost of sales | ||
Labor cost -119 | ||
SG&A expenses | ||
Outsourcing | ||
expenses -113 | Travel and | |
etc. | transportation | |
expenses -27 | ||
Repair expenses -20 | ||
etc. | ||
-3.0% | -22.2% | ||
FY 5/2020 | FY 5/2021 | FY 5/2020 | FY 5/2021 |
Copyright © 2019 ERI holdings. All rights reserved | 5 |
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