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Eri Holdings (6083) · RiskRestated

Decrease in revenue from certification services following the end of the Energy-Saving Housing Points Program

First written in FY2017-Q1. 5 of 9 entries say "Restated". Latest entry: FY2023.

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ProgressHeldSoftenedWorseRestatedFY2017-Q3 – FY20182016: 22017: 320172018: 120182019: 020192020: 020202021: 020212022: 120222023: 22023
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  1. FY2023RestatedAnnual report

    「Although revenue fell 1.4% from the previous fiscal year to ¥3,647 million due to lower revenue following the end of the Green Housing Points Program and other factors, operating income rose 13.0% to ¥438 million due to lower operating expenses.」

    The full-year report also described the revenue impact of the end of the Green Housing Points Program on housing performance assessments and related businesses. Meanwhile, operating income increased due to lower operating expenses.
  2. FY2023-Q3RestatedAnnual report

    「Due to lower revenue following the end of the Green Housing Points Program and other factors, revenue fell 3.4% year on year to ¥2,756 million, and operating income fell 12.5% to ¥345 million.」

    The revenue impact of the end of the Green Housing Points Program on housing performance assessments and related businesses continued to appear in results as a 3.4% year-on-year decline in revenue and a 12.5% decline in operating income.
  3. FY2023-Q1MaterialisedAnnual report

    「Due to lower revenue following the end of the Green Housing Points Program and other factors, revenue fell 4.8% year on year to ¥883 million. However, operating income rose 67.9% year on year to ¥115 million, due in part to lower costs following the streamlining of the operating structure.」

    As with the earlier Energy-Efficient Housing Points Program, the end of the Green Housing Points Program actually appeared as lower revenue from housing performance assessments and related businesses. Revenue fell 4.8%, while operating income increased due to lower costs.
  4. FY2018DroppedAnnual report

    「(Housing performance assessments and related businesses) Due in part to the recognition of revenue following the conversion of 株式会社住宅性能評価センター into a consolidated subsidiary, revenue rose 11.2% from the previous fiscal year to ¥3,199 million, and the company posted an operating loss of ¥18 million, compared with operating income of ¥0.8 million in the previous fiscal year.」

    In the latest full-year report, there was no explicit mention of lower certification-services revenue following the end of the Energy-Efficient Housing Points Program. Revenue from housing performance assessments and related businesses increased, including the impact of the subsidiary conversion.
  5. FY2018-Q1RestatedAnnual report

    「(Housing performance assessments and related businesses) Although revenue from design housing performance assessments declined, revenue from construction housing performance assessments increased, bringing revenue up 1.7% year on year to ¥690 million. However, due to higher personnel expenses and other factors, the company posted an operating loss of ¥18 million, compared with an operating loss of ¥17 million in the same period of the previous year.」

    Although the end of the Energy-Efficient Housing Points Program was not mentioned, revenue from housing performance assessments and related businesses rose 1.7% year on year, with the increase in construction assessments offsetting the decline in design assessments.
  6. FY2017RestatedAnnual report

    「For housing performance assessments and related businesses, for which certification services under the Energy-Efficient Housing Points Program had stopped accepting applications, revenue fell 2.1% from the previous fiscal year to ¥2,877 million, while operating income fell 99.0% to ¥0.8 million.」

    The end of application acceptance for the Energy-Efficient Housing Points Program continued to appear in results as a full-year decline in revenue from housing performance assessments and related businesses and a substantial decrease in operating income.
  7. FY2017-Q3RestatedAnnual report

    「The certification services related to the Energy-Efficient Housing Points Program stopped accepting applications in October 2015, and revenue also declined due to lower sales from construction housing performance assessments and other factors. As a result, revenue fell 5.8% year on year to ¥2,146 million, and the company posted an operating loss of ¥11 million, compared with operating income of ¥107 million in the same period of the previous year.」

    The end of application acceptance for the Energy-Efficient Housing Points Program continued to affect results, resulting in a 5.8% year-on-year decline in revenue from housing performance assessments and related businesses and a shift to an operating loss.
  8. FY2017-Q2MaterialisedAnnual report

    「The certification services related to the Energy-Efficient Housing Points Program stopped accepting applications in October 2015, and revenue also declined due to lower sales from construction housing performance assessments and other factors. As a result, revenue fell 9.0% year on year to ¥1,424 million, and the company posted an operating loss of ¥6 million, compared with operating income of ¥91 million in the same period of the previous year.」

    The end of application acceptance for the Energy-Efficient Housing Points Program continued to affect results in the cumulative period under review, resulting in a 9.0% year-on-year decline in revenue from housing performance assessments and related businesses and a shift to an operating loss.
  9. FY2017-Q1First statedAnnual report

    「The certification services related to the Energy-Efficient Housing Points Program stopped accepting applications in October 2015, and revenue also declined due to lower sales from construction housing performance assessments and other factors. As a result, revenue fell 9.7% year on year to ¥679 million, and the company posted an operating loss of ¥17 million, compared with operating income of ¥55 million in the same period of the previous year.」

    The end of application acceptance for the Energy-Efficient Housing Points Program actually affected results through lower revenue and an operating loss in housing performance assessments and related businesses.
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Decrease in revenue from certification services following the end of the Energy-Saving Housing Points Program | ERI HOLDINGS CO.,LTD. (6083) | Komori