Decline in overseas bridge-related products and losses related to development products

「高付加価値製品であるＣＦＣＣ事業のプロジェクトが概ね完了した反動減により、当セグメントの売上高は3,355百万円（前年同期比6.3％減）、営業損失は192百万円（前年同期は5百万円の営業利益)となりました。」

「CFCC projects, a high-value-added business, performed steadily in Japan and overseas, and sales increased as a result. Segment sales were ¥19,869 million, up 12.2% from the previous consolidated fiscal year, and operating profit was ¥2,178 million, up 183.9%.」

「国内外において高付加価値品であるＣＦＣＣ事業のプロジェクト案件が堅調に推移し、売上が増加した結果、当セグメントの売上高は19,869百万円（前期比12.2％増）となりました。利益面については、高付加価値品の構成比が高まったこと等により、営業利益は2,178百万円（前期比183.9％増）となりました。」

「As CFCC projects progressed in Japan and overseas, sales increased, resulting in segment sales of ¥8,672 million, up 16.3% year on year, and operating profit of ¥425 million, compared with an operating loss of ¥172 million in the same period of the previous year.」

「Although sales in the bridge business increased, delays in construction and other work reduced sales in the domestic disaster prevention and CFCC businesses. The segment recorded sales of ¥17,710 million, down 1.9% from the previous consolidated fiscal year, and operating profit of ¥767 million, down 0.3%.」

「Although sales declined due to delays in orders in the domestic disaster prevention business, sales in the CFCC and bridge businesses increased and profit improved slightly. The segment recorded sales of ¥7,457 million, up 0.8% year on year, and an operating loss of ¥172 million, compared with an operating loss of ¥177 million in the same period of the previous year.」

「Net sales in this segment were ¥18,054 million, down 5.8% from the previous consolidated fiscal year, and operating profit was ¥770 million, down 40.3%.」

「In the CFCC business, new domestic civil engineering projects increased, but sales and profit declined due to adjustments to the construction schedules of projects continuing from the previous period, among other factors. Net sales in this business were ¥13,097 million, down 8.0% year on year, and operating profit was ¥252 million, down 74.2% year on year.」

「Domestic disaster-prevention-related sales increased significantly in the same period of the previous year due to projects carried over from the fiscal year before last, but were in line with normal seasonal levels this period. In the CFCC business, sales and profit also declined due to adjustments to the construction schedules of projects continuing from the previous period, among other factors. Net sales in this business were ¥7,401 million, down 15.5% year on year, and the operating result was a loss of ¥177 million, compared with an operating profit of ¥315 million in the same period of the previous year.」

「Domestic disaster-prevention-related sales in the same period of the previous year increased significantly in the first quarter due to projects carried over from the fiscal year before last, but sales and profit both declined this period as performance was in line with normal seasonal levels. Net sales in this business were ¥3,709 million, down 14.7% year on year, and the operating result was a loss of ¥28 million, compared with an operating profit of ¥272 million in the same period of the previous year.」

「Development products continued to perform well, supported by expanded sales in overseas disaster-prevention-related businesses and the North American CFCC business, resulting in net sales of ¥67,135 million, up 5.3% year on year.」

「Domestic disaster prevention-related business remained solid, partly due to the completion of orders carried over from the previous period. In addition, overseas disaster prevention-related sales expanded and sales in the North American CFCC business increased, resulting in sales of ¥14,242 million, up 9.6% year on year, and operating profit of ¥978 million, up 1,126.0% year on year.」

「Domestic disaster prevention-related business remained solid, partly due to the completion of orders carried over from the previous period. In addition, sales in the overseas CFCC business increased as overseas disaster prevention-related sales expanded and we addressed ongoing large-scale projects in North America, resulting in sales of ¥8,763 million, up 6.5% year on year, and operating profit of ¥315 million, up 563.0% year on year.」

「Domestic disaster prevention and road safety facilities-related business remained strong, partly due to the completion of orders carried over from the previous period. In addition, sales in the overseas CFCC business increased as we addressed ongoing large-scale projects in North America, resulting in sales of ¥4,351 million, up 22.0% year on year, and operating profit of ¥272 million, compared with an operating loss of ¥213 million in the same period of the previous year.」

「Sales increased as a large overseas CFCC project progressed, resulting in net sales of ¥18,943 million, up 7.6% from the previous consolidated fiscal year, and an operating profit of ¥215 million, compared with an operating loss of ¥134 million in the previous consolidated fiscal year.」

「Construction projects for domestic disaster-prevention and road safety facilities were carried over from the previous fiscal year due to the impact of COVID-19 and snowfall, while current-period projects progressed steadily. In addition, sales increased as a large overseas CFCC project progressed, resulting in net sales of ¥12,999 million, up 26.0% year on year, and an operating profit of ¥79 million, compared with an operating loss of ¥657 million in the same period of the previous year.」

「Construction projects for domestic disaster-prevention and road safety facilities were carried over from the previous fiscal year due to the impact of COVID-19 and snowfall, while current-period projects also progressed steadily. In addition, overseas CFCC sales increased, resulting in net sales of ¥8,231 million, up 36.5% year on year, and an operating profit of ¥47 million, compared with an operating loss of ¥763 million in the same period of the previous year.」

「Construction projects for safety facilities were carried over from the previous fiscal year due to the impact of COVID-19 and snowfall, while some projects were brought forward and overseas CFCC sales increased. As a result, net sales in this business rose 17.2% year on year to ¥3,566 million, and the operating loss narrowed to ¥213 million from ¥387 million in the same period of the previous year.」

「For road safety facilities, delayed construction projects progressed from the third quarter onward, and there was also revenue from overseas bridge projects. As a result, net sales in this business rose 11.4% from the previous consolidated fiscal year to ¥17,613 million, and the operating loss narrowed to ¥134 million from a loss of ¥255 million in the previous consolidated fiscal year.」

「Although there was some revenue from overseas bridge projects, sales of wire-rope median barriers, which had performed well in the previous period, also levelled off. Together with the impact of COVID-19, including delays in road safety facility construction, this resulted in net sales of ¥10,319 million, down 4.5% year on year, and an operating loss of ¥657 million, compared with an operating loss of ¥499 million in the same period of the previous year.」

「Although there was some revenue from overseas bridge projects, sales declined due to the impact of COVID-19, including delays in road safety facility construction. Net sales in this business were ¥6,031 million, down 8.5% year on year, and the operating loss widened to ¥763 million from ¥478 million in the same period of the previous year.」

「Part of the revenue came from overseas bridge projects. Revenue from this business was ¥3,041 million, up 31.6% year on year, while the operating loss was ¥387 million, reduced by a lower cost ratio, compared with an operating loss of ¥452 million in the same period of the previous year.」

「Domestic slope-protection-related products performed well amid stronger national resilience measures and an increase in restoration work, while the overseas business, a growth strategy, also gradually built up its track record. As a result, net sales in this business rose 9.2% from the previous consolidated fiscal year to ¥15,810 million, and the loss narrowed to an operating loss of ¥255 million from ¥737 million in the previous consolidated fiscal year.」

「Due to strong performance by slope-protection-related products, net sales in this business rose 12.1% year on year to ¥10,805 million. The overseas business, positioned as a growth strategy, also gradually built up its track record, improving earnings from the previous period and narrowing the operating loss to ¥499 million from a loss of ¥918 million in the same period of the previous year.」

「Road- and bridge-related product sales declined, but slope-protection-related products performed well. As a result, net sales in this business rose 22.6% year on year to ¥6,593 million, and the operating loss narrowed to ¥478 million from a loss of ¥846 million in the same period of the previous year.」

「Sales from a large overseas disaster-prevention product project and solid domestic bridge-related sales resulted in net sales of ¥2,310 million, up 5.2% year on year. The operating loss narrowed to ¥452 million, compared with an operating loss of ¥498 million in the same period of the previous year.」

「Net sales in this business declined 2.1% from the previous consolidated fiscal year to ¥14,482 million due to lower domestic road-related product sales and delays in overseas disaster-prevention product sales, among other factors. In addition, costs were recorded to develop the business infrastructure, including the launch of the CFCC Kitakami Plant, resulting in a segment loss of ¥737 million, compared with a loss of ¥401 million in the previous consolidated fiscal year.」

「Domestic safety facility products and bridge-related products increased, resulting in net sales of ¥9,636 million, up 0.8% year on year. However, the segment loss widened to ¥918 million, compared with a loss of ¥520 million in the same period of the previous year, due to a deterioration in the sales mix and increased upfront investment in growth-strategy businesses, including CFCC products and overseas safety facility products.」

「As a result of declines in road safety products and CFCC products, net sales in this business fell 8.2% year on year to ¥5,376 million, and the segment loss widened to ¥846 million from a loss of ¥455 million in the same period of the previous year.」

「Bridge-related products performed well, but sales declined due to lower road-related product sales. Net sales in this business were ¥2,196 million, down 5.6% year on year, and the segment loss was ¥498 million, compared with a loss of ¥399 million in the same period of the previous year.」

「Due to increases in development products in Japan, overseas disaster-prevention products, and CFCC, a core growth business under the medium-term management plan "TCT-Focus2020," net sales in this business rose 14.5% from the previous consolidated fiscal year to ¥14,799 million. The segment loss was ¥401 million, compared with a loss of ¥622 million in the previous consolidated fiscal year, representing an improvement from the previous period.」

「Due to an increase in development products in Japan, net sales in this business rose 8.0% year on year to ¥9,564 million, while the segment loss was ¥520 million, compared with a loss of ¥694 million in the same period of the previous year.」

「Due to an increase in development products in Japan, net sales in this business rose 9.6% year on year to ¥5,858 million, while the segment loss was ¥455 million, compared with a loss of ¥607 million in the same period of the previous year.」

「Due to an increase in development products in Japan, net sales in this business rose 14.6% year on year to ¥2,326 million, while the segment loss was ¥399 million, compared with a loss of ¥479 million in the same period of the previous year.」

「Sales declined due to lower domestic bridge-related sales and delays in the delivery schedule for development products for overseas markets. Net sales in this business were ¥12,927 million, down 13.2% year on year. The segment loss was ¥622 million, compared with a profit of ¥658 million in the same period of the previous year, due to lower sales and higher selling, general and administrative expenses, including research and development costs.」

「Overseas sales declined, resulting in net sales of ¥5,344 million, down 12.4% year on year. The segment loss was ¥607 million, compared with a profit of ¥127 million in the same period of the previous year, due to lower sales and higher selling, general and administrative expenses, including research and development costs.」

「Due to a decline in overseas bridge-related products, net sales in this business fell 9.8% year on year to ¥2,030 million. The segment loss was ¥479 million, compared with a loss of ¥126 million in the same period of the previous year, due to lower sales and higher selling, general and administrative expenses, among other factors.」