Expansion of group management and fire-rated and industrial doors in Europe

「In Europe, difficult conditions continued as subdued market conditions and rising costs weighed on performance.」

「欧州事業は、売上高が同11.4%増の615.69億円となった一方、低調な市場環境と各種コストの上昇により6.99億円のセグメント損失（前年同期は9.10億円の利益）を計上した。」

「In Europe, challenging conditions continued due to weak market conditions and higher costs. Sales increased 0.6% from the previous consolidated fiscal year to ¥115,023 million, or declined 2.5% on a foreign-currency basis, while segment profit declined 36.0% to ¥2,178 million.」

「In Europe, conditions remained challenging as subdued market conditions and higher costs continued to weigh on performance.」

「In Europe, conditions remained challenging due to higher costs and deteriorating market conditions.」

「In Europe, challenging conditions continued due to higher costs and deteriorating market conditions accompanying the economic slowdown.」

「In Europe, challenging conditions continued due to higher energy and other costs and deteriorating market conditions accompanying the economic slowdown. Sales increased 5.3% year on year to ¥81,928 million, or declined 4.9% on a foreign-currency basis, while segment profit declined 27.5% to ¥2,365 million.」

「In Europe, conditions remained challenging due to higher energy and other costs, as well as deteriorating market conditions accompanying the economic slowdown.」

「In Europe, garage doors faced a challenging environment as the housing market deteriorated.」

「Although market conditions deteriorated and the order environment became challenging, revenue progressed steadily in all European countries and volumes increased. The Company focused on passing on increases in raw-material prices and energy costs. Revenue rose 24.2% year on year, or 18.4% on a foreign-currency basis, to ¥77,814 million, while segment profit fell 1.1% year on year to ¥3,261 million.」

「Volumes increased across Europe and the company focused on passing higher raw-material and energy costs through to selling prices. Sales increased 23.3% year on year to ¥51,540 million, or 19.0% on a foreign-currency basis, while segment profit declined 9.1% to ¥2,079 million.」

「Although all European countries performed steadily, the Company was unable to fully offset higher transportation and component costs through price increases. Revenue rose 25.2% year on year, or 22.3% on a foreign-currency basis, to ¥25,100 million. Segment profit fell 1.4% year on year to ¥1,024 million.」

「In October 2021, the company acquired France-based Manuregion S.A.S. and worked to strengthen its industrial products and service businesses.」

「In Europe, we sought to further expand our industrial products business and promote digitalization across Europe, and in October 2021 acquired Manuregion S.A.S., which has strengths in the installation and maintenance of industrial products.」

「All European countries recovered from the effects of COVID-19 in the previous year as restrictions were eased. Revenue rose 29.9% year on year, or 18.9% on a foreign-currency basis, to ¥41,797 million. Segment profit was ¥2,288 million, compared with a segment loss of ¥9 million in the same period of the previous year.」

「In Europe, the Company worked to further expand its industrial products business and promote digitalisation across Europe. All European countries recovered from the effects of COVID-19 in the previous year. Revenue rose 16.1% year on year, or 8.5% on a foreign-currency basis, to ¥20,044 million. Segment profit rose 209.3% year on year to ¥1,038 million.」

「As a result, hinged door sales increased, partly due to the effect of the new consolidation, but the substantial decline in volumes resulting from the spread of COVID-19 had a significant impact. Sales declined 3.7% from the previous consolidated fiscal year to ¥72,116 million, or 3.6% on a foreign-currency basis, while segment profit declined 16.3% to ¥3,092 million.」

「In Europe, the company worked to further expand industrial products and promote Europe-wide digitalization, while creating synergies with ロバスト社, acquired in May 2019. Hinged door sales increased, partly due to the effect of the new consolidation, but the substantial decline in volumes resulting from the spread of COVID-19 had a significant impact. Sales declined 6.0% year on year to ¥51,488 million, or 5.0% on a foreign-currency basis, while segment profit declined 32.6% to ¥1,603 million.」

「In Europe, the company worked to further expand industrial products and promote Europe-wide digitalization, while creating synergies with ロバスト社, which was acquired the previous year. Hinged door sales increased due to the new consolidation of ロバスト社, which was acquired the previous year, but the substantial decline in volumes resulting from the spread of COVID-19 had a significant impact. Sales declined 11.8% year on year to ¥32,185 million, or 8.4% on a foreign-currency basis, while segment profit was a loss of ¥9 million, compared with segment profit of ¥1,349 million in the same quarter of the previous year.」

「In Europe, the Company worked to further expand its industrial products business and promote digitalisation across Europe, while creating synergies with Robust, which it acquired the previous year. Industrial doors remained firm, and hinged door revenue increased due to the new consolidation of Robust. However, lower volumes caused by shutdowns in various countries due to the COVID-19 pandemic, together with foreign-exchange effects, resulted in revenue falling 1.9% year on year, or rising 2.3% on a foreign-currency basis, to ¥17,259 million. Segment profit fell 30.9% year on year to ¥335 million.」

「In Europe, the Company continued to promote the expansion of its industrial door business and garage door market share. In May, to strengthen its hinged door business, it acquired all shares of Robust AB, which operates mainly in the Nordic countries and the UK (hereinafter, Robust). It also promoted digitalisation across Europe to improve plant, production, and operating efficiency.」

「In Europe, the company continued to expand the industrial door business and increase the market share of garage doors, while promoting NF4.0, Europe-wide digitalization, to improve its plants, production and operational efficiency. Although industrial doors remained strong, sales were affected by foreign exchange, resulting in sales declining 1.1% year on year to ¥17,598 million, or increasing 4.5% on a foreign-currency basis. Segment profit increased 2.3% year on year to ¥486 million.」

「In Europe, the Company acquired Bolton Gate Services in January 2018, strengthened its service business in the UK, focused on expanding the アルファ社 plant, creating synergies with ノルスード社, and expanding sales and production capacity for its strategic dock leveller products, and worked to further expand its industrial door business.」

「In Europe, the company acquired ボルトン・ゲート・サービス社 in January 2018, strengthening its service business in the UK, while focusing on expanding the アルファ社 plant, creating synergies with ノルスード社 and expanding sales of dock levelers, a strategic product, to further expand the industrial door business. Sales increased substantially as a result of steady progress in the existing businesses and the consolidation effect of the newly consolidated ボルトン・ゲート・サービス社, rising 15.4% year on year to ¥53,600 million, or 8.0% on a foreign-currency basis. Segment profit increased 34.8% year on year to ¥2,259 million, driven particularly by higher volumes in addition to passing higher steel costs through to selling prices.」

「In Europe, the company acquired ボルトン・ゲート・サービス社 in January this year, strengthening its service business in the UK, while focusing on creating synergies with ノルスード社 and expanding sales of dock levelers, a strategic product, to further expand the industrial door business. Sales increased substantially as a result of steady progress in the existing businesses and the consolidation effect of the newly consolidated ボルトン・ゲート・サービス社, rising 19.2% year on year to ¥36,078 million, or 11.5% on a foreign-currency basis. Segment profit increased 48.8% year on year to ¥1,250 million, due to the effect of higher sales.」

「In Europe, the company acquired ボルトン・ゲート・サービス社 in January this year, strengthening its service business in the UK, while focusing on creating synergies with ノルスード社 and expanding sales of dock levelers, a strategic product, to further expand the industrial door business. Sales increased substantially as a result of steady progress in the existing businesses and the consolidation effect of the newly consolidated ボルトン・ゲート・サービス社, rising 23.5% year on year to ¥17,786 million, or 12.2% on a foreign-currency basis. Segment profit increased 41.2% year on year to ¥426 million, due to the effect of higher sales.」

「In Europe, the company made its UK operating company a wholly owned subsidiary, further pursued expansion of the market share of garage doors and worked to expand the industrial door business by leveraging ノルスード社, which was acquired the previous year, thereby strengthening its business foundation. Sales increased substantially as a result of steady progress in the existing businesses and the consolidation effects of ノルスード社 and the UK business, which were acquired the previous year, rising 20.0% year on year to ¥46,453 million, or 18.9% on a foreign-currency basis. Segment profit increased 44.4% year on year to ¥1,676 million, supported by the effect of higher sales and measures to pass higher steel costs through to selling prices.」

「In Europe, the company made its UK operating company a wholly owned subsidiary, further pursued expansion of the market share of garage doors and worked to expand industrial door sales by leveraging ノルスード社, which was acquired the previous year, thereby strengthening its business foundation. Sales increased substantially as a result of steady progress in the existing businesses and the consolidation effects of ノルスード社 and the UK business, which were acquired the previous year, rising 16.1% year on year to ¥30,280 million, or 18.1% on a foreign-currency basis. Segment profit increased 22.0% year on year to ¥840 million, supported by the effect of higher sales and measures to pass higher steel costs through to selling prices.」

「In Europe, the company made its UK operating company a wholly owned subsidiary, further pursued expansion of the market share of garage doors and worked to expand industrial door sales by leveraging ノルスード社, which was acquired the previous year, thereby strengthening its business foundation. Sales increased substantially as a result of steady progress in the existing businesses and the consolidation effects of ノルスード社 and the UK business, which were acquired the previous year, rising 10.6% year on year to ¥14,399 million, or 17.8% on a foreign-currency basis. Segment profit increased 109.9% year on year to ¥301 million, due to the effect of higher sales and the effect of the new consolidations.」

「Against a recovery trend across the European market, hinged door revenue increased substantially due to improvements in the production structure and strong performance by project doors. Garage door revenue increased as the German and French markets recovered, while industrial doors continued to perform well. In addition, the consolidation of ノルスード社 resulted in a substantial increase in revenue. Revenue rose 5.2% year on year, or 16.7% on a foreign-currency basis, to ¥38,704 million. Segment profit rose 295.1% year on year to ¥1,160 million, supported by the effect of higher revenue and fixed-cost reductions from structural reforms.」

「In Europe, the company pursued initiatives to strengthen the industrial door business, expand fire-resistant door sales across Europe and increase the market share of sectional garage doors, and acquired ノルスード社 (France) to further strengthen the industrial door business. In addition to the overall market being on a recovery trend, industrial door sales increased as a result of synergies with アルファ社, while hinged door and garage door sales also increased as a result of these initiatives. Accordingly, sales increased 7.0% year on year, or 15.1% on a foreign-currency basis, to ¥26,092 million.」

「In Europe, the Company promoted the strengthening of its industrial door business, expanded sales of fire-rated doors across Europe, and sought to increase its share of the sectional garage door market. At the end of June, it also acquired ノルスード社 to further strengthen its industrial door business.」

「European group companies: promote Group management, expand fire-resistant doors throughout Europe, expand the industrial door business and increase the market share of sectional garage doors.」