Summary
Good start for V-shaped recovery
- In the first quarter, housing sector remarkably rebounded, and it largely contributed to the recovery of our business.
- Both new housing starts and new build GFA of non-housing have been increasing on a year-on-year comparison.
- All the segments turned around to increase in revenue and earnings on a year-on-year comparison.
- M&A of Sakoken, certification for the Point System for Green Housing, premium refunds and application of Accounting Standard for Revenue Recognition impacted positively but temporary.
- We should keep an eye on a few concerns such as a possible rebound of COVID-19, global shortfall of construction woods※1 and semiconductors※2, etc.
※1 See "Supply crunch; impact of Wood Shock." METI report, July 27, 2021.
※2 Delay in supplying photovoltaics, air conditioners, EcoCute (Natural refrigerant heat pump water heater), etc.
Consolidated financial results
1Q Previous | 1Q Reporting | Change | |||
fiscal year | fiscal year | ||||
(Millions of yen) | |||||
(Jun. 2020 - | (Jun. 2021- | Amounts | Ratio | ||
Aug. 2020) | Aug. 2021) | ||||
Net Sales | 3,399 | 3,779 | 380 | 11.2% | |
Operating Profit | ▲29 | 355 | 385 | - | |
Operating Profit Ratio | ▲0.9% | 9.4％ | - | - | |
Ordinary Profit | 20 | 392 | 372 | - | |
Ordinary Profit Ratio | 0.6% | 10.4％ | - | - | |
Profit Attributable to | 7 | 247 | 240 | - | |
Owners of Parent | |||||
Profit per Share (Yen) | 1.01 | 31.64 | 30.63 | - | |
Consolidated financial results by segment
1Q Previous | 1Q Reporting | Change | ||||
fiscal year | fiscal year | Segment | ||||
(Millions of yen) | Change | |||||
(Jun. 2020 - | (Jun. 2021- | Amounts | Ratio | Profit | ||
Aug. 2020) | Aug. 2021) | |||||
Building Confirmation | 1,903 | 2,058 | 155 | 8.2% | 291 | 269 |
and Inspection and its | ||||||
[56.0%] | [54.5%] | |||||
related services | ||||||
Housing Performance | 889 | 928 | 39 | 4.4％ | 68 | 52 |
Evaluation and its | ||||||
[26.2%] | [24.6%] | |||||
related services | ||||||
Solution Services | 232 | 327 | 95 | 40.9% | ▲16 | 14 |
[6.8%] | [8.7%] | |||||
Others | 374 | 464 | 90 | 24.1% | 27 | 49 |
[11.0%] | [12.3%] | |||||
Net Sales Total | 3,399 | 3,779 | 380 | 11.2% | 372 | 385 |
[100.0%] | [100.0%] | |||||
Main operating figures | Consolidated
1Q Previous | 1Q Reporting | Change | |||||
fiscal year | fiscal year | ||||||
(Jun. 2020 - Aug. 2020) | (Jun. 2021 - Aug. 2021) | ||||||
Cases | Amounts | Cases | Amounts | Cases | Amounts | ||
(Millions of Yen) | (Millions of Yen) | (Millions of Yen) | |||||
Building Confirmations | 17,248 | 802 | 20,608 | 923 | 3,360 | 121 | |
Final Inspections | 16,570 | 690 | 16,301 | 675 | ▲269 | ▲15 | |
Housing Design | Detached | 8,255 | 244 | 9,081 | 282 | 826 | 38 |
Houses | |||||||
Performance | |||||||
Evaluations | Collective | 6,417 | 68 | 5,978 | 68 | ▲439 | 0 |
Houses | |||||||
Housing | Detached | 7,770 | 416 | 6,318 | 359 | ▲1,452 | ▲57 |
Houses | |||||||
Construction | |||||||
Performance | |||||||
Collective | 4,080 | 57 | 3,027 | 51 | ▲1,053 | ▲6 | |
Evaluations | Houses | ||||||
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