Result Briefing Materials for the Fiscal Year Ended March 31, 2021
Takamiya Co., Ltd. (2445:Tokyo)
Grand Front Osaka Tower-B Bldg. 27F,
3-1,Ofuka-cho,Kita-ku, Osaka 530-0011, Japan
TEL：+81-6-6375-3900FAX：+81-6-6375-8825
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes.
In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
Agenda
- Topics
- Description of Consolidated Financial Results for the Fiscal Year Ending March 31, 2021
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Topics
Mar 18, 2021
Corporate Reports by Analysts
Apr. 21, 2021
Notice Regarding Establishment of Nomination and Compensation Committee
Apr. 27, 2021
Notice of Revision of Earnings Forecast and Voluntary Return of Executive Compensation
May 12, 2021
Notice of Change of Directors
In addition to the above, various releases and IR information can be viewed on our website.
https://www.takamiya.co/en/
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Company Overview of Takamiya Co., Ltd.
Trade name Incorporation Representative Capital
Number of employees
Registered head office Business locations
Consolidated subsidiaries
Stock listing
Takamiya Co., Ltd.
June 21, 1969
Representative director, Kazumasa Takamiya
1,050 million yen
Consolidated : 1,221; Non-consolidated : 711 (As of end-March, 2021)
Grand Front Osaka, Tower B, 27F, 3-1Ofuka-cho,Kita-ku, Osaka, Japan
Branches: Tohoku-Sendai, Ibaraki,Tokyo, Niigata,Nagoya, Osaka, Chushikoku, Kyushu-Fukuoka (total: 8) Business offices: Sapporo, Morioka,
Fukushima, Tsukuba, Kashima, Ichihara, Hokuriku, Fukui, Nagano, Shizuoka, Keiji, Hiroshima, Okinawa (total: 13)
Equipment centers：Aomori-Higashidori,Iwate-Morioka,Miyagi-Sendai No. 2, Fukushima-Hirono,Niigata-Yokogoshi,iigata-Nagaoka,Ibaraki-Chuo,Ibaraki-Tsukuba,Ibaraki-Dejima,Ibaraki-Kashima,Chiba-Okido,Chiba-Ichihara,Saitama-Kuki,Kanagawa-Aikawa,Shinsyu-Ngano,Shizuoka-Yoshida,Ishikawa-Kanazawa,Fukui-Sabae,Tokai-Kisosaki,Shiga-Omihachiman,Osaka-Hirakata,Osaka-Settsu,Wakayama-Momoyama,Hyogo-Tojo,Hyogo-Kobe,Hiroshima-Shiwa,Kagawa-Sanuki ,Okinawa-Naha(total: 28)
[Japan total:7] IWATA Co., Ltd.. ; HIRAMATSU Co., Ltd. ; AOMORI ATOM Co., Ltd. ; TOTAL TOSHISEIBI Co., Ltd. ; NEXTECH Co., Ltd. ; Cadian Co., Ltd. ; Nakaya Kizai Co., Ltd
[Overseas total:3] Hory Korea Co. Ltd ; HORY VIETNAM Co., Ltd. ; DIMENSION-ALL INC. (total:10)
Jun. 2005: JASDAQ Securities Exchange
Note: The Company was delisted from the JASDAQ market in January 2008.
Dec. 2007: Tokyo Stock Exchange Second Section
Dec. 2014: Assigned on Tokyo Stock Exchange First Section
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1. Summary of consolidated performance
1.1 Business overview
- In the first half of the fiscal year, amid the uncertain outlook due to the economic recession caused by the spread of COVID-19, sales of temporary equipment failed to progress in the sales business, the rental business saw sluggish growth in the utilization rate of rental assets due to the return of equipment following the completion of large job sites, and construction work did not proceed in the overseas business due to restrictions on going out and moving around. As a result, compared to the previous fiscal year, net sales decreased by 11.6% and operating income decreased by 42.7%, resulting in a decrease in both sales and income.
- The 3Q is normally a busy period for the company, but due to the declaration of a state of emergency in the first half of the year, sales activities for the second half of the year were restricted, and shipments in the second half of the year did not increase, resulting in a continued difficult situation.
- In the fourth quarter, the sales business was on a recovery track with a series of contracts signed toward the end of the fiscal year, but the rental business did not see the peak of shipments in the third quarter, and the utilization rate of rental assets declined as equipment was returned at the end of the fiscal year.
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