Sansei Landic Co., Ltd.
Supplementary Materials for
Consolidated Financial Results for
1Q of FY12/21
May 14, 2021
FY12/21 1Q Topics
-
Both sales and each profit exceeded the plan and the year- on-year results as we made up for the delays in sales activities due to COVID-19.
In particular, sales of leasehold land increased significantly, driving the Real Estate Sales business. - Purchase amount fell significantly below the year-on-year result, but progressed as planned.
1
Our Response to COVID-19
We will continue to respond flexibly to prevent the spread of COVID-19.
Response to our clients | Response to our employees |
・ Thoroughly implement measures against | ・ Provide masks for all employees |
infections when visiting customers, such as | ・ Continue teleworking and staggered work hours |
wearing masks | |
・ Lend computers and printers, etc. for teleworking | |
・ Conduct telephone and online meetings | |
use | |
・ Refrain from holding and participating in seminars | ・ Promotion of online application procedures |
・ Refrain from holding and participating in business | ・ Conduct antibody tests |
dinners and social gatherings | ・ Distribution of PCR test kits |
・ Installation of air purifiers on each floor, including | |
・ Establishment of Vaccine Leave | |
reception | |
・ Installation of carbon dioxide meters on each floor, | |
including reception | |
2
Financial Results
(Million yen) | |||||||
19/1Q | 20/1Q | 21/1Q | |||||
Result | Result | Plan | Result | Difference | |||
Net sales | 1,925 | 4,807 | 5,091 | 5,365 | +274 | ||
Gross profit | 579 | 942 | 1,103 | 1,344 | +241 | ||
SG&A | 696 | 792 | 812 | 816 | +3 | ||
Operating | -116 | 150 | 291 | 528 | +237 | ||
income | |||||||
Ordinary | -146 | 103 | 258 | 502 | +244 | ||
income | |||||||
Net income | -111 | 67 | 169 | 323 | +153 | ||
- Net sales
+11.6% YoY
- Gross profit
+42.8% YoY
Profits increased thanks to a significant increase in sales.
- SG&A
YoY
Sales commission: +35 million yen
3
Summary of Consolidated Balance Sheet
(Million yen) | |||||
FY12/20 | 21/1Q | ||||
Amount | Amount | Vs. end of | Pct. change | ||
previous term | |||||
Cash and | |||||
4,329 | 3,865 | -464 | -10.7% | ||
deposits | |||||
Property for sale | 14,424 | 13,161 | -1,263 | -8.8％ | |
Interest-bearing | 8,341 | 7,176 | -1,164 | -14.0% | |
liabilities | |||||
Net assets | 10,066 | 10,069 | +3 | +0.0% | |
Total assets | 20,070 | 18,505 | -1,565 | -7.8％ | |
Shareholders' | 50.1% | 54.4% | +4.3pt | ― | |
equity ratio | |||||
- Property for sale
Decreased compared with the end of the previous fiscal year due to steady sales.
Sales for FY2020 1Q:
4,309 million yen Sales for FY2021 1Q: 5,171 million yen
- Interest-bearingliabilities
Decreased compared with the end of the previous fiscal year due to an increase in sales and progress in repayment of borrowings.
4
This is an excerpt of the original content. To continue reading it, access the original document here.