Continuous Improvement of Quality Management Methods

「As a result of rigorous management of pricing, utilization and quality, operating income, ordinary income and net income attributable to owners of parent were ¥979 million, up 9.5% year on year; ¥967 million, up 8.1%; and ¥609 million, up 4.7%, respectively, each marking a record high for a first-quarter cumulative period.」

「Operating income, ordinary income and net income attributable to owners of the parent were ¥3,046 million, an increase of ¥423 million (up 16.1%) from the previous consolidated fiscal year, ¥3,063 million, an increase of ¥424 million (up 16.1%), and ¥2,027 million, an increase of ¥391 million (up 23.9%), respectively. Although selling, general and administrative expenses increased substantially as described above, net sales rose 25.7% from the previous consolidated fiscal year, and the Company continued its thorough management of unit prices, operating rates and quality. All three figures reached record highs. Operating income and ordinary income set record highs for the 14th consecutive period.」

「Although selling, general and administrative expenses increased substantially as described above, operating income, ordinary income and net income attributable to owners of parent increased by ¥423 million, or 16.1%, year on year, to ¥3,046 million; by ¥424 million, or 16.1%, to ¥3,063 million; and by ¥391 million, or 23.9%, to ¥2,027 million, respectively, due to the 25.7% year-on-year increase in net sales and continued rigorous management of pricing, utilization and quality. All three figures reached record highs.」

「Operating income, ordinary income and interim net income attributable to owners of the parent were ¥1,533 million (up 5.6% year on year), ¥1,546 million (up 6.4%) and ¥965 million (up 7.0%), respectively. Although selling, general and administrative expenses increased 49.7% year on year, net sales rose 28.2% and the Company continued its thorough management of unit prices, operating rates and quality. As a result, all three figures reached record highs for an interim consolidated accounting period.」

「Although selling, general and administrative expenses increased as described above, operating income, ordinary income and net income attributable to owners of the parent benefited from a 27.2% year-on-year increase in net sales and continued rigorous management of utilization and quality. Operating income increased by ¥866 million (49.3%) from the previous consolidated fiscal year to ¥2,623 million, ordinary income increased by ¥880 million (50.1%) to ¥2,638 million, and net income attributable to owners of the parent increased by ¥504 million (44.6%) to ¥1,635 million. All three set record highs. Operating income and ordinary income set record highs for the 13th consecutive fiscal year.」

「Although selling, general and administrative expenses increased 11.3% year on year, operating income, ordinary income and interim net income attributable to owners of the parent benefited from a 27.3% year-on-year increase in net sales and continued rigorous management of pricing, utilization and quality control. They amounted to ¥1,451 million, up 71.8% year on year, ¥1,453 million, up 71.8%, and ¥902 million, up 70.1%, respectively, all setting record highs for an interim consolidated accounting period.」

「Regarding project quality control activities in particular, the Group continues to rigorously implement multilayered quality control activities and pursue continuous improvement, recognizing that these activities form the foundation for building trust in the Group. No significant unprofitable projects arose during the consolidated fiscal year.」

「Regarding quality control activities, the Group continues to rigorously implement multilayered quality control activities and pursue continuous improvement, recognizing that these activities form the foundation for building trust in the Group. No significant unprofitable projects arose during the consolidated fiscal year.」

「Regarding quality control activities, the Group continues to rigorously implement multilayered quality control activities and pursue continuous improvement, recognizing that these activities form the foundation for building trust in the Group. No significant unprofitable projects arose during the consolidated fiscal year.」

「② In terms of earnings, despite higher administrative costs associated with making 株式会社アークウェイ a consolidated subsidiary and higher costs from upfront investments in recruitment, additional office space and increased administrative staff aimed at future growth, solid sales progress, increasing value added in contracted projects and continued rigorous quality control resulted in operating income of ¥1,408.811 million, ordinary income of ¥1,409.779 million and net income attributable to owners of the parent of ¥917.965 million for the nine months ended the third quarter.」

「Solid sales progress, increasing value added in contracted projects and continued rigorous quality control resulted in operating income of ¥847.667 million, ordinary income of ¥848.643 million and net income attributable to owners of the parent of ¥546.667 million for the six months ended the second quarter.」

「② In terms of earnings, despite higher administrative costs associated with making 株式会社アークウェイ a consolidated subsidiary and higher costs from upfront investments in recruitment, additional office space and increased administrative staff aimed at future growth, solid sales progress, increasing value added in contracted projects and continued rigorous quality control resulted in operating income of ¥488.937 million, ordinary income of ¥489.591 million and net income attributable to owners of the parent of ¥332.226 million for the three months ended the first quarter.」

「② In terms of earnings, continued high utilization driven by solid orders and rigorous project quality control resulted in operating income of ¥1,118.371 million, up 3.4% year on year, ordinary income of ¥1,117.643 million, up 3.0%, and net income attributable to owners of the parent of ¥756.793 million, up 6.3%, for the nine months ended the third quarter. All three reached record highs for a third-quarter cumulative period.」

「② In terms of earnings, continued high utilization driven by solid orders and rigorous project quality control resulted in operating income of ¥717.806 million, up 14.4% year on year, ordinary income of ¥717.384 million, up 13.7%, and net income attributable to owners of the parent of ¥479.248 million, up 16.2%, for the six months ended the second quarter. All three reached record highs for a second-quarter cumulative period.」

「② In terms of earnings, in addition to the reasons described above, continued rigorous project quality control resulted in operating income of ¥388.553 million, up 11.8% year on year, ordinary income of ¥388.087 million, up 10.6%, and net income attributable to owners of the parent of ¥266.756 million, up 9.0%, for the three months ended the first quarter. All three reached record highs for a first-quarter cumulative period.」

「Regarding quality control activities, the Group continues to rigorously implement multilayered quality control activities and pursue continuous improvement, recognizing that these activities form the foundation for building trust in the Group. No significant unprofitable projects arose during the consolidated fiscal year.」

「② In terms of earnings, continued high utilization driven by solid orders and rigorous project quality control resulted in operating income of ¥1,081.774 million, up 26.9% year on year, ordinary income of ¥1,085.226 million, up 27.1%, and net income attributable to owners of the parent of ¥711.989 million, up 28.2%, for the nine months ended the third quarter. All three reached record highs for a third-quarter cumulative period.」

「② In terms of earnings, continued high utilization driven by solid orders and rigorous project quality control resulted in operating income of ¥627.495 million, up 13.5% year on year, ordinary income of ¥630.923 million, up 13.9%, and net income attributable to owners of the parent of ¥412.597 million, up 15.9%, for the six months ended the second quarter. All three reached record highs for a second-quarter cumulative period.」

「② In terms of earnings, in addition to the reasons described above, continued rigorous project quality control resulted in operating income of ¥347.681 million, up 35.5% year on year, ordinary income of ¥351.035 million, up 36.5%, and net income attributable to owners of the parent of ¥244.761 million, up 44.3%, for the three months ended the first quarter. All three reached record highs for a first-quarter cumulative period.」

「No significant unprofitable projects arose during the consolidated fiscal year.」

「② In terms of earnings, continued high utilization driven by solid orders and ongoing efforts to ensure project quality control resulted in operating income of ¥852.597 million, up 45.0% year on year, and ordinary income of ¥853.518 million, up 44.9%, for the nine months ended the third quarter. Net income attributable to owners of the parent also increased to ¥555.258 million, up 35.3%, mainly for the reasons described above. All three reached record highs for a third-quarter cumulative period.」

「In terms of earnings, continued high utilization driven by solid orders and rigorous project quality control resulted in operating income of ¥552.841 million, up 57.7% year on year, ordinary income of ¥553.734 million, up 57.5%, and net income attributable to owners of the parent of ¥356.143 million, up 51.7%, for the six months ended the second quarter. All three were record highs for a second-quarter cumulative period.」

「In terms of earnings, continued high utilization driven by solid orders and rigorous project quality control resulted in operating income of ¥256.649 million, up 35.0% year on year, ordinary income of ¥257.122 million, up 34.9%, and net income attributable to owners of the parent of ¥169.591 million, up 23.6%, for the three months ended the first quarter. All three were record highs for a first-quarter cumulative period.」

「Despite higher costs associated with expanding sales and recruitment activities, rigorous project quality control and disciplined, efficient Group management resulted in operating income of ¥888.780 million, up ¥46.164 million (5.5%) from the previous consolidated fiscal year, and ordinary income of ¥889.711 million, up ¥45.789 million (5.4%). Both reached record highs.」

「In terms of earnings, continued high utilization driven by solid orders and ongoing efforts to ensure project quality control resulted in operating income of ¥588.191 million and ordinary income of ¥589.054 million for the nine months ended the third quarter, both up 10.8% year on year.」

「In terms of earnings, continued high utilization driven by solid orders and rigorous project quality control resulted in operating income of ¥190.126 million, up 40.1% year on year, and ordinary income of ¥190.577 million, up 39.7%, for the three months ended the first quarter. Both were record highs for a first-quarter cumulative period.」

「Through rigorous project quality control and efficient Group management, operating income increased by ¥32.120 million (4.0%) from the previous consolidated fiscal year to ¥842.616 million, while ordinary income increased by ¥30.712 million (3.8%) to ¥843.921 million. Both reached record highs.」

「In terms of earnings, continued high utilization driven by solid orders and rigorous project quality control improved the gross profit margin to 40.3% from 36.3% in the same period of the previous year. Operating income and ordinary income for the nine months ended the third quarter were ¥530.725 million, up 6.8% year on year, and ¥531.827 million, up 6.7%, respectively.」

「In terms of earnings, continued high utilization driven by solid orders and rigorous project quality control improved the gross profit margin to 39.6% from 37.7% in the same period of the previous year.」

「As a result of high utilization driven by solid orders and continued rigorous project quality control, the gross profit margin improved to 42.8% from 40.3% in the same period of the previous year.」

「In addition to quality reviews by the business divisions responsible for each subsidiary, we will conduct more rigorous objective and detailed quality verification through the Project Management Promotion Office, a specialist project management department independent of the business divisions.」