Increase in units sold and average selling price per unit for detached custom-built homes

「In the housing business, the number of detached homes handed over declined, but revenue increased to ¥965.6 million, up 25.7% year on year, due to revenue recognition for a large non-residential property in the first quarter. Operating loss was ¥699 million, compared with an operating loss of ¥675 million in the same period of the previous year, as gross margin declined due to the lower number of detached homes handed over and limited profit contribution from some non-residential properties.」

「In the housing business, deliveries of detached homes progressed steadily, but revenue decreased to ¥768.2 million, down 2.1% year on year, due to a decline in non-residential properties. Operating loss was ¥675 million, compared with an operating loss of ¥859 million in the same period of the previous year, as higher detached-home revenue improved gross profit.」

「In the housing business, the number of homes handed over declined as the number of homes ordered in the first half, including orders carried over from the previous fiscal year, decreased, partly reflecting the impact of restrained promotional expenses in the previous fiscal year. Revenue decreased to ¥2,004.3 million, down 8.2% year on year. Operating loss was ¥228 million, compared with operating profit of ¥294 million in the same period of the previous year, as gross margin declined due to lower gross profit from reduced revenue, the impact of price revisions for subdivision homes and residential land, and unprofitable construction work on some large non-residential properties.」

「In the housing business, revenue decreased to ¥314.3 million, down 11.4% year on year, due to a decline in the order backlog and the number of homes handed over. Operating loss was ¥639 million, compared with an operating loss of ¥609 million in the same period of the previous year, despite efforts to control SG&A expenses.」

「In the housing business, the number of homes ordered was below the same period of the previous year, but revenue increased to ¥1,426.9 million, up 0.3% year on year, as average selling prices per detached custom-built home rose. Operating loss was ¥496 million, compared with an operating loss of ¥1,127 million in the same period of the previous year, as the company worked to improve gross margin and control SG&A expenses.」

「In the housing business, revenue increased to ¥925.9 million, up 5.5% year on year, helped by higher average selling prices per detached custom-built home. Operating loss was ¥478 million, compared with an operating loss of ¥942 million in the same period of the previous year, as the company worked to improve gross margin and control SG&A expenses.」

「Housing revenue increased to ¥354.8 million, up 6.1% year on year, as the pass-through of higher construction costs to prices took hold. Operating loss was ¥609 million, compared with an operating loss of ¥713 million in the same period of the previous year, reflecting an improvement in gross margin.」

「Housing revenue increased to ¥2,218 million, up 3.7% year on year, as the company passed higher construction costs through to housing prices and received more inquiries for non-residential properties. Operating loss was ¥249 million, compared with operating profit of ¥325 million in the same period of the previous year, due to a decline in gross margin as construction costs rose ahead of the price pass-through, as well as higher SG&A expenses from investments in personnel and promotional activities to expand the business.」

「Housing Business revenue increased to ¥14,072 million, up 8.8% year on year, as the higher construction costs were passed through to housing prices. However, operating loss was ¥1,107 million, compared with an operating loss of ¥578 million in the same period of the previous year, because construction costs increased by more than the price pass-through and upfront investment expenses, which had been increased from the beginning of the period to support business expansion, also rose.」

「Housing Business revenue was ¥8,809 million, up 6.0% year on year, as housing prices rose due to higher construction materials costs, including lumber. Operating loss was ¥939 million, compared with an operating loss of ¥502 million in the same period of the previous year, due to repeated increases in construction costs and higher general and administrative expenses.」

「Housing Business revenue was ¥21,427 million, up 10.8% year on year, as we focused on attracting customers through sales promotion campaigns using the web and other initiatives, and orders progressed steadily. Operating profit was ¥325 million, compared with an operating loss of ¥582 million in the same period of the previous year, due to higher gross profit and the fixed-cost savings from consolidating or closing certain locations and withdrawing from model homes in the previous period.」

「Housing Business revenue was ¥12,940 million, up 6.0% year on year, as orders progressed steadily. Operating loss was ¥578 million, compared with an operating loss of ¥1,043 million in the same period of the previous year, due to higher gross profit and reductions in general and administrative expenses.」

「Housing Business revenue was ¥8,309 million, up 3.8% year on year. Operating loss was ¥502 million, compared with an operating loss of ¥768 million in the same period of the previous year, due to higher gross profit and reductions in general and administrative expenses.」

「Housing Business revenue was ¥3,377 million, down 5.3% year on year, due to a decrease in outstanding carried-over orders from the previous period. Operating loss was ¥540 million, compared with an operating loss of ¥517 million in the same period of the previous year.」

「Revenue for the business was ¥19,338 million, down 6.1% year on year, due to the impact of lower orders in the second quarter. Operating loss was ¥582 million, compared with operating profit of ¥51 million in the same period of the previous year, due to lower gross profit and higher selling, general and administrative expenses.」

「Housing Business revenue was ¥12,202 million, down 0.8% year on year. Operating loss was ¥1,043 million, compared with an operating loss of ¥812 million in the same period of the previous year, due to lower gross profit and higher general and administrative expenses.」

「Housing Business revenue was ¥8,008 million, down 1.0% year on year. Although completion and delivery of custom-built housing progressed steadily due to an increase in carried-over outstanding orders from the previous period, subdivision housing sales were weak. Operating loss was ¥768 million, compared with an operating loss of ¥673 million in the same period of the previous year, due to higher general and administrative expenses.」

「Housing Business revenue was ¥3,564 million, down 0.7% year on year. Although completion and delivery of custom-built housing progressed steadily due to an increase in carried-over orders from the previous period, subdivision housing sales were weak. Operating loss was ¥517 million, compared with an operating loss of ¥509 million in the same period of the previous year.」

「Revenue for the business was ¥20,603 million, up 16.5% from the previous consolidated fiscal year, as properties whose delivery had shifted from the previous period due to typhoons, earthquakes and other events in the fourth quarter of the previous fiscal year were delivered in the current period, while orders and deliveries for custom-built housing progressed steadily. Although gross profit increased with revenue, operating profit was ¥51 million, compared with an operating loss of ¥539 million in the previous consolidated fiscal year, due to higher sales promotion expenses.」

「Housing Business revenue was ¥12,302 million, up 6.3% year on year, because properties scheduled for delivery in the previous period were delivered in the current period following the effects of typhoons, earthquakes and other events in the fourth quarter of the previous fiscal year. Operating loss was ¥812 million, compared with an operating loss of ¥881 million in the same quarter of the previous year.」

「Revenue for the business was ¥8,090 million, up 9.2% year on year, because properties scheduled for delivery in the previous period were delivered in the current period following the effects of typhoons, earthquakes and other events in the fourth quarter of the previous fiscal year. Despite higher revenue, operating loss was ¥673 million, compared with an operating loss of ¥630 million in the same quarter of the previous year, due partly to higher sales promotion expenses associated with the launch of new products.」

「Revenue for the business was ¥3,589 million, up 29.3% year on year, because properties scheduled for delivery in the previous period were delivered in the current period following the effects of typhoons, earthquakes and other events in the fourth quarter of the previous fiscal year, and subdivision housing sales progressed steadily. Operating loss was ¥509 million, compared with an operating loss of ¥613 million in the same quarter of the previous year.」

「The number of custom-built homes completed and delivered decreased from the previous consolidated fiscal year. … Due to the decrease in completed and delivered custom-built homes and construction delays caused by typhoons, earthquakes and other factors, scheduled completion and delivery of custom-built homes was delayed. Revenue was ¥17,688 million, down 1.7% from the previous consolidated fiscal year, and operating loss was ¥539 million, compared with an operating loss of ¥195 million in the previous consolidated fiscal year.」

「Although revenue from custom-built housing decreased, revenue from subdivision housing, the Rizunas Division, which provides value-added homes at reasonable prices, and the Special Construction Division, which handles specialised buildings other than ordinary housing, progressed steadily. Revenue therefore increased 6.4% year on year to ¥11,572 million. Operating loss was ¥881 million, compared with an operating loss of ¥875 million in the same quarter of the previous year, due to a decline in the gross profit margin caused by higher construction material prices and increases in sales promotion expenses and other costs.」

「Revenue for the business was ¥7,410 million, up 6.5% year on year, as subdivision housing sales progressed steadily. Operating loss was ¥630 million, compared with an operating loss of ¥698 million in the same quarter of the previous year.」

「Revenue for the business was ¥10,872 million, down 3.0% year on year, as the number of units completed and delivered decreased, partly because of slower activity in the subdivision housing business. Operating loss was ¥875 million, compared with an operating loss of ¥842 million in the same quarter of the previous year.」

「Revenue for the business was ¥2,662 million, up 6.7% year on year, as the number of housing units sold increased. Operating loss was ¥579 million, compared with an operating loss of ¥695 million in the same quarter of the previous year, due to higher gross profit accompanying the increase in revenue and an improved gross profit margin.」

「Although the number of detached custom-built homes completed and delivered decreased due to typhoons and other adverse weather, revenue for the business amounted to ¥18,742 million, up 2.5% from the previous consolidated fiscal year, mainly because the average selling price per unit increased.」

「In the detached custom-built housing business, revenue increased from the same quarter of the previous year due to an increase in the number of units sold and the average selling price per unit.」