Revenue and profit growth in the surveying and measurement business

「As a result, rentals remained solid, while sales orders also progressed smoothly, partly due to the impact of the Small and Medium Enterprise Agency's subsidies for labor-saving investment by small and medium-sized enterprises. Revenue in this business was therefore ¥3,870 million, up 10.4% from the previous fiscal year. Selling, general and administrative expenses increased because of higher personnel expenses due to improvements in employee compensation and other measures, but the increase in gross profit was greater, resulting in segment profit (operating profit) of ¥751 million, up 14.5% from the previous fiscal year.」

「Revenue and operating profit both reached record highs.」

「As a result, rentals remained solid, while sales orders also increased from July through September. Revenue in this business was therefore ¥1,827 million, up 8.9% year on year. Selling, general and administrative expenses increased because of higher personnel expenses due to improvements in employee compensation and other measures, but the increase in gross profit was greater, resulting in segment profit (operating profit) of ¥304 million, up 11.2% year on year.」

「The Company also reduced the sales area for surveying equipment, narrowed its range of rental products related to ICT construction and shifted resources to the DDS business. As a result, the resulting decline in revenue was greater than expected, and revenue in this business was ¥2,407 million, down 13.5% year on year. Although personnel expenses increased due to improvements in employee compensation and other measures, selling, general and administrative expenses declined as narrowing the rental-focused business reduced administrative costs and improved sales efficiency. However, this was insufficient to offset the decline in revenue, and segment profit (operating profit) was ¥414 million, down 17.0% year on year.」

「The Company also reduced the sales area for surveying equipment and narrowed its range of rental products related to ICT construction. As a result, both rentals and sales fell below the year-earlier level, and revenue in this business was ¥1,678 million, down 9.0% year on year. Although personnel expenses increased due to improvements in employee compensation and other measures, selling, general and administrative expenses declined as narrowing the rental-focused business reduced administrative costs and improved sales efficiency. However, this was insufficient to offset the decline in revenue, and segment profit (operating profit) was ¥273 million, down 12.5% year on year.」

「The Company also reduced the sales area for surveying equipment and narrowed its range of rental products related to ICT construction. As a result, both rentals and sales fell below the year-earlier level, and revenue in this business was ¥870 million, down 8.2% year on year.」

「Sales orders also remained solid, resulting in revenue of ¥3,642 million, up 1.3% from the previous fiscal year. In terms of earnings, gross profit declined because costs increased as the rental asset base was expanded.」

「Sales orders progressed smoothly, resulting in revenue of ¥2,782 million, up 2.9% year on year. In terms of earnings, revenue from core products and services, particularly rentals, increased, but gross profit declined because costs rose as the rental asset base was expanded. Selling, general and administrative expenses also increased because of higher sales activity costs and higher personnel expenses associated with strengthening the surveying equipment management center. Segment profit (operating profit) was therefore ¥499 million, down 7.2% year on year.」

「Sales orders progressed smoothly, resulting in revenue of ¥1,843 million, up 4.8% year on year. In terms of earnings, gross profit increased on higher revenue from core products and services, particularly rentals. However, selling, general and administrative expenses also increased because of higher sales activity costs and higher personnel expenses associated with strengthening the surveying equipment management center, resulting in segment profit (operating profit) of ¥312 million, down 2.5% year on year.」

「Sales orders progressed smoothly, resulting in revenue of ¥947 million, up 8.7% year on year. In terms of earnings, gross profit increased on higher revenue from core products and services, particularly rentals. However, selling, general and administrative expenses also increased because of higher sales activity costs and higher personnel expenses associated with strengthening the surveying equipment management center, resulting in segment profit (operating profit) of ¥138 million, down 6.5% year on year.」

「Sales fell short of expectations because of the global semiconductor shortage and other factors, but alternative rental orders also contributed. Revenue in this business was therefore ¥3,594 million, up 5.0% from the previous fiscal year. In terms of earnings, gross profit increased on higher revenue from core products and services, particularly rentals.」

「Sales fell short of expectations because of the global semiconductor shortage, but alternative rental orders also contributed. Revenue in this business was therefore ¥2,704 million, up 1.8% year on year. In terms of earnings, gross profit increased on higher revenue from core products and services, particularly rentals.」

「Although sales of high-priced products increased in the first quarter, sales in the second quarter were affected by the global semiconductor shortage. Procurement of some surveying equipment and other products was delayed, pushing deliveries into the second half. Revenue in this business was therefore ¥1,759 million, down 0.0% year on year.」

「In this business, the Company focused on sales of core products and services. Rental orders for the one-person surveying system and other products progressed smoothly, particularly among existing customers, while sales of high-priced products such as 3D scanners increased. Revenue was therefore ¥871 million, up 6.4% year on year. In terms of earnings, gross profit increased on higher revenue from core products and services, particularly rentals, and higher sales of high-priced products. Selling, general and administrative expenses also increased due to higher sales activity costs following the resumption of proactive sales activities and expenses associated with operating the surveying equipment management center. However, the increase in gross profit was greater, resulting in segment profit (operating profit) of ¥148 million, up 1.9% year on year.」

「The Company focused on sales of core products and services, and rental orders for the one-person surveying system and other products progressed smoothly, particularly among existing customers. Revenue was therefore ¥3,422 million, up 1.2% from the previous fiscal year. In terms of earnings, gross profit increased on higher revenue from core products and services, particularly rentals, while selling, general and administrative expenses declined as sales activities became more efficient, seminars were suspended and other measures were taken. Segment profit (operating profit) was ¥617 million, up 12.3% from the previous fiscal year.」

「In this business, the Company focused on sales of core products and services, and rental orders for the one-person surveying system and the compaction management system Geo-Press Cloud progressed smoothly, particularly among existing customers. Revenue was therefore ¥2,656 million, up 3.7% year on year. In terms of earnings, gross profit increased on higher revenue from core products and services, particularly rentals, while selling, general and administrative expenses declined as sales activities became more efficient and seminars were suspended. Segment profit (operating profit) was ¥486 million, up 20.1% year on year.」

「The Company focused on sales of core products and services, and rental orders for the one-person surveying system and the compaction management system Geo-Press Cloud progressed smoothly, particularly among existing customers. Revenue was therefore ¥1,759 million, up 2.1% year on year. In terms of earnings, segment profit (operating profit) was ¥305 million, up 21.9% year on year, due to higher gross profit from rental revenue growth and lower selling, general and administrative expenses resulting from more efficient sales activities, the suspension of seminars and other measures.」

「In this business, the Company focused on sales proposals to existing customers, and orders for core products and services centered on rentals, including the one-person surveying system and Geo-Press Cloud, progressed smoothly. Revenue was therefore ¥819 million, up 1.1% year on year. In terms of earnings, segment profit (operating profit) was ¥145 million, up 21.1% year on year, due to higher gross profit from rental revenue growth and lower selling, general and administrative expenses resulting from more efficient sales activities and other measures.」

「Although the compaction management system Geo-Press Cloud lagged behind, gross profit increased on higher rental revenue from the one-person surveying system and other products and higher sales of surveying equipment. As a result of efforts to improve sales efficiency and otherwise reduce selling, general and administrative expenses, segment profit (operating profit) was ¥550 million, up 9.9% from the previous fiscal year.」

「In this business, rental of surveying equipment and measurement systems and related products remained solid, supported by the recent labor shortage and demand for i-Construction projects promoted by the Ministry of Land, Infrastructure, Transport and Tourism. Rental of the one-person surveying system and sales of large projects remained strong, but rental utilization of the compaction management system Geo-Press Cloud, launched in April 2019, fell short of expectations, among other factors. Revenue was therefore ¥2,560 million, down 0.4% year on year. In terms of earnings, the gross profit margin declined and gross profit decreased because the increase in sales of surveying equipment exceeded the increase in rental revenue from the one-person surveying system and other products, and rental utilization of Geo-Press Cloud remained below expectations. However, efforts to reduce selling, general and administrative expenses through more efficient sales activities resulted in segment profit (operating profit) of ¥404 million, up 7.5% year on year.」

「Rental of the one-person surveying system and sales of large projects remained solid, supported by the recent labor shortage and demand for i-Construction projects promoted by the Ministry of Land, Infrastructure, Transport and Tourism. However, rental utilization of the compaction management system Geo-Press Cloud, launched in April 2019, fell short of expectations, among other factors. Revenue in this business was therefore ¥1,723 million, down 2.4% year on year.」

「In this business, sales of rentals and surveying equipment and measurement systems remained solid, supported by demand for i-Construction projects promoted by the Ministry of Land, Infrastructure, Transport and Tourism. Revenue was therefore ¥810 million, up 5.6% year on year. In terms of earnings, the gross profit margin declined because the increase in sales of surveying equipment was greater than the increase in rental revenue from the one-person surveying system and other products. However, selling, general and administrative expenses fell below the year-earlier level as sales activities became more efficient, resulting in segment profit (operating profit) of ¥120 million, up 10.5% year on year.」

「Although there was demand for i-Construction projects promoted by the Ministry of Land, Infrastructure, Transport and Tourism, revenue in this business was ¥3,320 million, down 4.0% from the previous fiscal year, because development of new products and services related to the one-person surveying system was significantly delayed and there were few large sales projects, including MG and MC systems.」

「Although there was demand for i-Construction projects, revenue in this business was ¥2,571 million, up 1.3% year on year, because development of new products and services related to the one-person surveying system was significantly delayed. In terms of earnings, gross profit increased as the gross profit margin improved, but selling, general and administrative expenses also increased significantly as the Company secured and trained technical sales personnel and invested in equipment in each area to support i-Construction. Segment profit (operating profit) was ¥377 million, down 7.5% year on year.」

「In this business, demand for i-Construction projects promoted by the Ministry of Land, Infrastructure, Transport and Tourism was present, but the launch of new products and services and sales of high-priced equipment were pushed into the following quarter. As a result, revenue was ¥768 million, down 7.5% year on year. In terms of earnings, the gross profit margin improved, but selling, general and administrative expenses increased significantly as the Company secured and trained technical sales personnel and invested in equipment in each area to establish the infrastructure needed to support i-Construction. Segment profit (operating profit) was therefore ¥109 million, down 24.6% year on year.」

「Revenue in this business was ¥3,459 million, up 24.1% from the previous fiscal year. In terms of earnings, selling, general and administrative expenses increased as the Company secured and trained technical sales personnel and invested in equipment in each area to establish the infrastructure needed to support i-Construction. However, gross profit increased on higher revenue, resulting in segment profit (operating profit) of ¥547 million, up 26.7% from the previous fiscal year.」

「In this business, rental and sales of surveying equipment, measurement systems and related products remained strong, supported by growing demand for i-Construction projects promoted by the Ministry of Land, Infrastructure, Transport and Tourism. As a result, revenue was ¥2,537 million, up 24.4% year on year. In terms of earnings, selling, general and administrative expenses increased as the Company secured and trained technical sales personnel and invested in equipment in each area to establish the infrastructure needed to support i-Construction. However, gross profit increased on higher revenue, resulting in segment profit (operating profit) of ¥407 million, up 31.5% year on year.」

「In this business, orders for the rental and sale of surveying instruments, measurement systems and other products remained strong, supported by growing demand for i-Construction-compatible projects promoted by the Ministry of Land, Infrastructure, Transport and Tourism. Revenue in the business was ¥1,666.764 million, up 25.3% year on year. Although selling, general and administrative expenses increased due to measures including securing and training technical sales personnel and establishing systems for investment in equipment by area to support i-Construction, gross profit increased with revenue growth. As a result, segment profit (operating profit) was ¥260.486 million, up 49.5% year on year.」