1st Quarter of Fiscal Year Ending December 2021
Summary of Financial Results
Funai Soken Holdings Incorporated
（TSE 1st section: stock code 9757)
Friday, May 7, 2021
Contents
1 Executive Summary
- Consolidated Income
- Progress in Comparison with This Year's Forecasts
2 FY2021 1st Quarter Financial Results
- Results of Operations by Segment
- Results of Operations by Segment
- Performance by Segment: Logistics
- Results of Operations by Segment: Direct Recruiting
- Consolidated Financial Position
3 Outlook and Initiatives
［Statement Regarding Use of These Materials］
© 2021 Funai Soken Holdings Inc. | 1 |
Executive Summary
1. Executive Summary
(1) Consolidated Income
Performance in this quarter exceeded the (pre-Covid-19) same period of last year, and we recorded our best figures ever.
Income was improved by the large drop in SG&A expenses created by the shift to online seminars, remote support, and remote work. As a result, operating income was up 15.6% from the same period in the preceding year, ordinary income up 14.0%, and net income up 18.4%.
March 2020 | March 2021 | ||||
Amount (million yen) | % of total | Amount (million yen) | % of total | Change (%) | |
Net sales | 6,547 | 100.0 | 6,891 | 100.0 | ＋5.3 |
Operating income | 1,475 | 22.5 | 1,704 | 24.7 | ＋15.6 |
Ordinary income | 1,519 | 23.2 | 1,732 | 25.1 | ＋14.0 |
Net income | 999 | 15.3 | 1,184 | 17.2 | ＋18.4 |
attributable to owners | |||||
of the parent |
© 2021 Funai Soken Holdings Inc. | 3 |
1. Executive Summary
(1) Consolidated Income
Sales were up, buoyed by an expanded range of digital transformation consulting options aimed at helping clients thrive in the post-Covid "new normal."
Operating income increased significantly, driven by our switch to online delivery of solutions, including online seminars and consulting services provided via web-based conferencing systems.
Net sales | Operating income | |||
(Million yen) | y-o-y | (Million yen) | y-o-y | |
y-o-y | y-o-y | |||
+10.5% | +5.3% | +3.4% | +15.6% |
6,891 | 1,704 |
6,547 | |
1,475 | |
5,926 | 1,426 |
OP margins | OP margins | OP margins | ||||
24.1％ | 22.5％ | 24.7％ | ||||
FY2019/1Q | FY2020/1Q | FY2021/1Q | ||||
FY2019/1Q | FY2020/1Q | FY2021/1Q | ||||
© 2021 Funai Soken Holdings Inc. | 4 |
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