Improving Profitability and Productivity and Expanding Steel Structures Engineering

「With respect to earnings, operating income is expected to be ¥700 million, ordinary income ¥800 million, and interim net income attributable to owners of the parent ¥500 million above the previous forecast, mainly due to improved profitability in the steel structure construction business and other factors.」

「The environment surrounding the construction industry remains challenging and uncertain due to soaring prices for construction materials and labor shortages. As a company whose policies are to be technology-driven, pursue niche markets, and add value with a focus on profitability, we intend to work as one group to further enhance corporate value while preserving our core strengths of high added value and high operating margins.」

「In the steel construction market, orders for private-sector projects are increasing, and the industry as a whole remains at a higher level than in the previous fiscal year. Public-sector projects also remain solid, but raw material prices continue to rise sharply, and the outlook remains uncertain. Against this backdrop, our group is promoting cost reductions and continuing efforts to improve its ability to restore profitability in order to secure profits regardless of changes in the surrounding environment.」

「The Group will move away from a policy of following precedent, improve operating efficiency, reduce costs by cutting work hours, reduce variable costs by strengthening procurement capabilities, and enhance corporate value for the next generation by achieving its medium-term management plan.」

「The Group will conduct sales activities in anticipation of changes in the order environment, and seek to strengthen its financial foundation and operating structure by securing orders of an appropriate scale and increasing profits.」

「The Group will conduct sales activities in anticipation of changes in the order environment, and seek to strengthen its financial foundation and operating structure by securing orders of an appropriate scale and increasing profits.」

「To address these conditions, the Group will continue to promote efforts to improve profitability and productivity, develop proprietary technologies and expand its steel structure engineering business under the banner of “building the company on technology.” It will also establish a business foundation with a view to achieving the medium-term management plan “TOMOE NEXT5” and preparing for the subsequent medium-term management plan, and will seek to improve corporate earnings.」

「To address these conditions, the Group will continue working to improve profitability and productivity, maintain its commitment to “building the company on technology,” promote the development of proprietary technologies and expand its steel structure engineering business, secure customer confidence by strengthening coordination between divisions, and seek to improve corporate earnings.」