Ensuring Market Quality and Improving Overall Management Efficiency

「In terms of profit, in addition to higher net sales, improved profit margins resulting from the resolution of component supply shortages and other factors resulted in operating profit of ¥1,997 million, up 123.8% year on year.」

「In terms of profit, efforts to control development expenses by concentrating investment on high-priority projects, restructure the staffing structure and reduce fixed costs through greater efficiency resulted in operating profit of ¥857 million, compared with an operating loss of ¥1,760 million in the same quarter of the previous year.」

「In terms of profit, efforts to control promotional and development expenses, restructure the staffing structure and reduce fixed costs through greater efficiency resulted in operating profit of ¥274 million, compared with an operating loss of ¥1,502 million in the same quarter of the previous year.」

「Operating profit was ¥51 million, compared with an operating loss of ¥447 million in the same quarter of the previous year, partly because fixed costs, including personnel expenses resulting from the voluntary retirement program implemented in the previous fiscal year and depreciation resulting from impairment losses on fixed assets, decreased substantially.」

「In response, the Group worked to reduce expenses and secure funds through measures including reductions in executive compensation and employee bonuses, the downsizing and consolidation of business locations, and the sale of fixed assets.」

「This was mainly attributable to increases in cash, including a ¥2,142 million decrease in trade receivables, while cash outflows included a quarterly net loss before income taxes of ¥1,593 million and a ¥1,252 million increase in inventories.」

「We worked to strengthen the company’s business foundation by reducing fixed costs, including executive compensation, and rationalizing operations in order to secure earnings.」

「On the financial front, we will continue to focus on reducing fixed costs and inventory and build a business foundation capable of adapting to changes in the times. This was mainly attributable to a decrease of ¥853 million in inventories, among other factors.」

「In terms of profit, the effects of reducing various expenses under the business restructuring plan are beginning to emerge toward the second half of the fiscal year.」

「In the gaming venue equipment market, we worked to secure earnings while advancing a business restructuring plan, including consolidating sales offices and reducing fixed costs.」

「With the aim of rebuilding a structure capable of securing earnings even in a low-growth market, through measures including reductions in fixed costs from consolidating sales offices and inventory reductions, we launched fundamental business restructuring, including withdrawing from the amusement business, namely the operation of game arcades.」

「We will improve the integrated earnings structure and business foundation across sales, development, production, quality, and maintenance and servicing, with a focus on the sales division.」

「In this environment, regardless of whether the market was domestic or overseas, or which market was involved, the Group worked to expand sales and secure earnings by promoting sales of high-value-added products that meet customer needs and reducing manufacturing costs.」

「Net sales for the consolidated fiscal year were ¥30,230 million, up 1.6% from the previous consolidated fiscal year. In terms of profit, in addition to higher net sales, efforts to reduce selling, general and administrative expenses and other measures resulted in operating profit of ¥1,752 million, up 17.0% from the previous consolidated fiscal year.」

「As a result, net sales for the nine months ended in the third quarter of the current consolidated fiscal year were ¥23,036 million, up 2.8% year on year. In terms of profit, in addition to higher net sales, reductions in selling, general and administrative expenses resulted in operating profit of ¥1,623 million, up 26.9% year on year, ordinary profit of ¥1,571 million, up 20.1%, and quarterly net income attributable to owners of the parent after recording extraordinary gains and losses of ¥1,128 million, up 29.8%.」

「As a result, net sales for the six months ended in the second quarter of the current consolidated fiscal year were ¥15,298 million, up 5.5% year on year. In terms of profit, in addition to higher net sales, efforts to reduce selling, general and administrative expenses resulted in operating profit of ¥1,147 million, up 85.6% year on year.」

「In addition to higher net sales, reductions in selling, general and administrative expenses resulted in operating profit of ¥374 million, up 43.6% year on year.」

「We will work to maintain and improve customer confidence by securing stable market quality, while reducing various costs that are growing as the scale of the business expands and improving efficiency throughout management.」