Cumulative 3Q of the Fiscal Year Ending Jun. 30, 2021 (FY2021)
Results of Operations
Explanatory Material
Apr. 23, 2021
HOPE, INC.
[6195]
Corporate Philosophy
Providing new value to citizens through local governments,
and promoting growth of the company and its people
Copyright (C) 2021 HOPE, INC. | 02 |
Company Overview
Company name
Established
Representative
Securities code
Employees
(consolidated)
Business
Head office
History
HOPE, INC.
Feb. 2005 (fiscal year-end: Jun.)
Takayasu Tokitsu, CEO
6195 (listed on the TSE-Mothers/FSEQ-Board on Jun. 15, 2016)
171 (as of the end of Mar. 2021, including temporary employees)
Services created specifically for local governments
(Advertising Business, Energy Business, Media Business)
MG Yakuin Building 1-14-5, Yakuin, Chuo-ku, Fukuoka, Japan
Feb. 2005 | Founded | May 2020 | Started Jichitai Works HAxSH | |||
Jun. 2006 | Launched SMART RESOURCE SERVICE | Aug. 2020 | Announced the medium-term | |||
Sep. 2013 | Launched SMART CREATION SERVICE | Oct. 2020 | management plan [HOPE NEXT 3] | |||
"Machilet" | Established a wholly owned | |||||
Jul. 2014 | Launched "Machiiro," an app that connects | Nov. 2020 | subsidiary HOPE ENERGY, INC. | |||
local governments and local residents | Developed AI for forecasting market prices | |||||
Aug. 2014 | Started B-to-G marketing business | of electricity (Energy Business) | ||||
Started supplying Kai, a web conferencing tool | ||||||
Jun. 2016 | Listed on TSE-Mothers and FSE Q-Board | |||||
created in Japan | ||||||
Dec. 2017 | Issued the first edition of"Jichitai Works" | Mar. 2021 | Announced participation in the private-sector | |||
Mar. 2018 | Registered as an electricity retailer | trainee program of the city of Shijonawate | ||||
and launched "GENEWAT" | in Osaka prefecture | |||||
Copyright (C) 2021 HOPE, INC. | 03 |
Contents
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Cumulative 3Q FY2021 Financial Highlights II. Topics
III. FY2021 Outlook
IV. Business Environment and Growth Strategies V. 2020 VISION
VI. Appendices
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I. Cumulative 3Q FY2021 Financial Highlights
Application of the netting method in the energy business
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Unless specified otherwise, all figures in this presentation use the netting method* that is expected to be used due to the application of the Accounting Standard for Revenue Recognition
(Accounting Standards Board of Japan Statement No. 29). - The use of this standard is required beginning with the fiscal year ending in Jun. 2022. However, because the performance of the Energy Business, which is a major component of consolidated results of operations, has a significant effect on investment decisions, both net and gross figures are shown in this presentation in order to facilitate easy comparisons with performance in prior years and to provide a thorough explanation of results of operations.
- The application of the netting method will have no effect on earnings at all levels.
*With the netting method, in accordance with the renewable energy feed-in tariff system in Japan, fees received from customers (sales) and payments to the cost adjustment organization (cost of sales), which are equal to fees received, offset each other, resulting in the recognition of net revenue. Figures that do not use netting are designated in this presentation as using the gross recognition method.
Start of consolidated financial statements
- Due to the establishment of HOPE ENERGY, INC., which is a wholly owned subsidiary, HOPE, INC. changed from non-consolidated to consolidated financial statements beginning with the second quarter of the fiscal year ending in Jun. 2021. As a result, this presentation has both consolidated and non-consolidated financial information.
- Numbers are rounded down and percentages are rounded up or down to the first decimal place.
Copyright (C) 2021 HOPE, INC. | 05 |
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