Decline in large projects and renovation projects in the restaurant and other industries at 日商インターライフ

「In the commercial environment construction division, in addition to the completion of ongoing projects, the completion of a highly profitable large-scale project and strong new orders for cleaning projects at the FM Business Headquarters contributed to revenue and segment profit remaining substantially above the year-earlier period. As a result, revenue was ¥5,874 million, up 16.9% year on year, and segment profit was ¥771 million, up 101.1%.」

「In the commercial-environment construction division, net sales and segment profit remained well above the levels of the same quarter of the previous year, owing to the completion of projects for which orders had already been received, the progress of a large-scale project that had been under way since the previous fiscal year beyond the plan, and steady orders for cleaning projects at the FM Business Division, among other factors.」

「Both the specialist construction division and the commercial-environment construction division remained firm as construction projects related to urban redevelopment and work for offices, hotels and other facilities progressed to completion. Although Expo-related construction work had run its course and there were fewer large-scale projects than in the previous fiscal year, profit increased despite lower revenue, supported by improved profit margins and greater operational efficiency following the absorption merger of ファシリティーマネジメント㈱.」

「Completion of projects carried over from the previous fiscal year and progress on large-scale construction projects exceeding plans kept revenue broadly in line with the prior-year period. Profit exceeded the prior-year period as profit margins improved and orders for high-gross-margin projects increased.」

「The completion of projects carried over from the previous consolidated fiscal year and projects already ordered progressed, resulting in revenue and profit substantially above the prior-year period. The specialist construction division, which undertakes interior finishing work for stores and offices, remained firm, supported by expanded orders from major general contractors and the larger scale of redevelopment-related projects.」

「In both the specialist construction division and the commercial-environment construction division, the completion of projects already ordered and progress on large-scale construction exceeding plans, together with the completion of redevelopment projects around Osaka and firm orders from new customers, resulted in revenue and profit substantially above the previous interim consolidated accounting period.」

「In both the specialist construction division and the commercial-environment construction division, the completion of projects carried over from the previous fiscal year and the larger scale of projects resulted in revenue substantially above the prior-year quarter. At the Osaka Sales Office, orders, including those related to redevelopment in surrounding areas associated with the Osaka-Kansai Expo, remained firm. Profit margins also improved through the in-house handling of materials transportation and warehouse management, making a significant contribution not only to higher revenue but also to profit. As a result, revenue was ¥2,615 million, up 75.6% from the prior-year quarter, and segment profit was ¥265 million, up 372.8%.」

「The completion of projects carried over from the previous consolidated fiscal year and projects already ordered progressed, resulting in revenue and profit substantially above the prior-year period. The specialist construction division, which undertakes interior finishing work for stores and offices, remained firm, supported by expanded orders from major general contractors and the larger scale of redevelopment-related projects.」

「In addition to the completion of large-scale projects, increased new orders and higher orders at the Osaka Sales Office, improvements in profit margins pursued since the beginning of the fiscal year also contributed, resulting in revenue and operating profit substantially above the prior-year quarter.」

「Orders remained firm across all divisions. In particular, the specialist construction division benefited from the completion of projects carried over from the previous fiscal year and an increase in new orders, while the commercial-environment construction division completed medium- and large-scale projects for existing and new customers. The Osaka Sales Office also received more orders from companies based in Osaka, making a significant contribution to revenue and profit across the group.」

「The interior construction business is operated by ㈱日商インターライフ. Revenue was ¥1,489 million, down 10.8% from the prior-year quarter, and segment profit was ¥56 million, down 54.4%. Performance was below the prior-year quarter because there were fewer large-scale construction projects than in the prior-year quarter.」

「Revenue from the interior construction business was ¥3,590 million, up 6.4% from the prior-year quarter, and the segment loss was ¥27 million, compared with a loss of ¥74 million in the prior-year quarter. Completion of large-scale construction projects and increased orders in the Kansai region resulted in performance above the prior-year quarter.」

「Revenue from the interior construction business was ¥2,653 million, up 13.3% from the prior-year quarter, and segment profit was ¥58 million, up 401.0%. In addition to completing large-scale construction projects, orders in the Kansai region increased, resulting in performance above the prior-year quarter.」

「In addition to completing large-scale construction projects ordered in the fourth quarter of the previous fiscal year (the fiscal year ended February 2022), orders from restaurants and other customers, which were gradually recovering, progressed, resulting in performance above the prior-year quarter.」

「株式会社日商インターライフ received orders for large-scale projects in the fourth quarter, but the postponement or cancellation of plans for new openings and renovations of restaurants and retail outlets due to the repeated states of emergency, along with higher raw material costs, resulted in performance below the prior-year period.」

「株式会社日商インターライフ saw an upward trend in orders for restoration work from restaurants and retail outlets and for office-related work, but the repeated states of emergency led to more plans for new store openings and other projects being postponed or cancelled, resulting in performance below the prior-year quarter.」

「At 株式会社日商インターライフ, orders for restoration work from restaurants and retail stores and for office-related construction were trending upward, but sales fell below the year-earlier quarter partly because there were no projects such as COVID-19 countermeasure construction seen in the previous year.」

「株式会社日商インターライフ fell below the year-earlier quarter because orders for renovation projects from restaurants and retail stores, as well as large projects, declined.」

「株式会社日商インターライフ fell below the year-earlier period despite an increase in orders for restoration work, owing to deterioration in market conditions and other factors.」

「株式会社日商インターライフ performed above the year-earlier quarter as contracted projects were completed and orders progressed for new large projects and restoration work.」

「株式会社日商インターライフ performed above the year-earlier quarter as completed contracted projects, new large-project orders, smoke-separation construction associated with revisions to the Health Promotion Act and orders for smoking booths progressed.」

「At 株式会社日商インターライフ, sales increased year on year as the company made progress in securing large projects.」

「At 株式会社日商インターライフ, sales fell below the year-earlier quarter because some large projects shifted into the fourth quarter and because of the impact of the merger with ファンライフ・デザイン株式会社.」

「At 株式会社日商インターライフ, sales exceeded the year-earlier quarter as orders from existing customers and new customers expanded and large projects progressed toward completion. However, as noted above, this was not enough to recover the sales lost from ファンライフ・デザイン株式会社.」

「株式会社日商インターライフ performed above the year-earlier quarter, partly because completions of large projects were concentrated in the period.」

「株式会社日商インターライフ continued to make progress in completing large projects and improving profit margins, but continued postponements and cancellations of store renovation projects and other work in the gaming industry, as described above, affected performance.」

「株式会社日商インターライフ continued to make progress in completing large projects and improving profit margins, but results remained below plan as addressing longer construction periods associated with larger projects became a challenge.」

「At 株式会社日商インターライフ, some projects shifted between periods, but progress was broadly in line with plan as large projects were completed and profit margins improved.」

「During the first quarter, 株式会社日商インターライフ and 株式会社システムエンジニアリング performed steadily due to the completion of large projects and reliable orders for planned projects, among other factors.」

「At 株式会社日商インターライフ, sales exceeded the year-earlier quarter, supported in part by continued orders from new customers whose projects had been completed in the first half. As a result, sales amounted to ¥3,804 million, up 7.1% from the year-earlier quarter.」

「At 株式会社日商インターライフ, both the Specialized Business Headquarters and the Commercial Environment Headquarters exceeded their initial plans after completing large projects. In particular, orders for large projects from new customers progressed in the second quarter, resulting in sales above the year-earlier quarter.」

「At 株式会社日商インターライフ, the Commercial Environment Headquarters exceeded its initial plan after securing large projects from existing and new customers. However, the Specialized Business Headquarters had relatively few orders, resulting in sales of ¥1,325 million, down 13.7% from the year-earlier quarter.」

「At 株式会社日商インターライフ, order competition in the interior construction industry intensified amid higher material and labor costs. In addition, orders for renovation projects in the restaurant, apparel and amusement industries declined, and orders for large projects did not progress, resulting in sales below the year-earlier period.」

「At 株式会社日商インターライフ, revenue fell below the same quarter of the previous year due to a decline in orders for large-scale projects in the Specialist Construction Department, as well as a decline in renovation projects, mainly for the food-service industry, in the Commercial Facilities Department.」