Investment in Rental Assets to Meet Customer Needs

「During the current consolidated fiscal year, the company invested ¥464 million in rental equipment and other assets for its core DDS and SMS businesses, and ¥802 million in shares managed for their high dividend yields. From the following consolidated fiscal year onward, the company also plans to invest in rental equipment for the DDS and SMS businesses.」

「In terms of profit, although revenue from core products and services, including rental services, increased, gross profit declined because costs rose as rental assets were expanded.」

「Selling, general and administrative expenses increased to ¥1,378 million, up 8.0% year on year, due to higher operating expenses, including higher personnel expenses resulting from improved employee compensation and increased staffing, as well as proactive upfront investments such as opening new locations,」

「During the current consolidated fiscal year, the company invested ¥1,125 million in rental equipment and other assets for its core DDS and SMS businesses, and ¥2,102 million in shares managed for their high dividend yields. From the following consolidated fiscal year onward, the company also plans to invest in rental equipment for the DDS and SMS businesses.」

「During the current consolidated fiscal year, the company made ¥1,625 million in capital investments, including investments in rental equipment for its core systems and surveying and measurement businesses, as well as construction of the Surveying Equipment Management Center, which will provide inspections, adjustments and other maintenance to maintain high measurement accuracy regardless of weather conditions. The company also plans to invest in rental equipment for its systems and surveying and measurement businesses from the following consolidated fiscal year onward.」

「During the current consolidated fiscal year, the company made ¥1,171 million in capital investments, including investments in rental equipment for its core Construction ICT businesses, comprising the systems and surveying and measurement businesses. From the following consolidated fiscal year onward, the company plans to use funds raised through the disposal of treasury shares to invest in rental equipment for Construction ICT and to renew its proprietary systems and core systems to support surveying using the Quasi-Zenith Satellite System “Michibiki” and other technologies.」

「Total capital investment and other expenditure for the fiscal year was ¥845 million. Capital investment by segment is as follows.」

「Total capital investment and other expenditure for the fiscal year was ¥770.399 million. The principal capital investments by segment are as follows. This is intended to fund a total investment plan of ¥3,500 million, comprising (1) a ¥2,250 million Construction ICT-related capital investment plan, including funding for software development of the company’s systems to support surveying using the Quasi-Zenith Satellite System “Michibiki,” acquisition of rental surveying equipment, including surveying equipment that uses the software in those systems, and acquisition of rental system equipment, and (2) a ¥1,250 million business infrastructure investment plan, including funding for construction of a centralized rental equipment management center, software development for the company’s core systems, and acquisition of land and buildings for relocating a central branch.」

「In terms of profit, selling, general and administrative expenses increased due to measures to secure and train technical sales personnel and establish a structure for capital investment in each region to support “i-Construction,”」

「In terms of profit, selling, general and administrative expenses in this business amounted to ¥395.887 million, up 10.1% year on year, due to upfront investments, including increased staffing and capital investment in Construction ICT,」

「Total capital investment and other expenditure for the fiscal year was ¥863.735 million. The principal capital investments by segment are as follows.」

「In terms of profit, selling, general and administrative expenses in Construction ICT, comprising the systems and surveying and measurement businesses, increased substantially to ¥1,096.625 million, up 21.6% year on year, due to upfront investments, including increased staffing and capital investment,」

「In terms of profit, rental costs and selling, general and administrative expenses increased from the same period of the previous year due to upfront investments, including increased staffing and capital investment in the core businesses. However, gross profit in Construction ICT, comprising the systems and surveying and measurement businesses, remained firm at ¥1,125.828 million, up 16.4% year on year, increasing total gross profit and resulting in operating profit, ordinary profit and quarterly net profit all exceeding the same period of the previous year.」

「Total capital investment and other expenditure for the fiscal year was ¥1,221.581 million. The principal capital investments by segment are as follows. The figures include investments in intangible fixed assets in addition to property, plant and equipment.」