Expansion of the large-scale timber construction business for non-residential buildings

「For the consolidated fiscal year, shipments of the SE Structural System totaled 141 buildings, up 2.2% year on year, and structural-calculation deliveries for the SE Structural System totaled 183 buildings, up 22.8%. At 株式会社木構造デザイン, which handles the design of large-scale timber buildings other than those using the SE Structural System, structural-calculation deliveries fell to 78 buildings, down 13.3%. Combined with structural-calculation deliveries for the SE Structural System, structural-calculation deliveries for non-residential timber buildings totaled 261 buildings, up 9.2%. Revenue was ¥3,077 million, up 4.5% year on year, due to increased shipments and structural-calculation deliveries for the SE Structural System.」

「During the interim consolidated accounting period, shipments of the SE Structural System for non-residential timber buildings such as stores totaled 60 buildings, down 17.8% year on year, as construction schedules for projects scheduled for shipment in the first half were pushed back to the third quarter or later. Meanwhile, structural-calculation deliveries increased to 86, up 3.6% year on year. At 株式会社木構造デザイン, which handles the design of large-scale timber buildings other than those using the SE Structural System, structural-calculation deliveries totaled 36 buildings, down 20.0%. Combined with structural-calculation deliveries for the SE Structural System, structural-calculation deliveries for non-residential timber buildings totaled 122, down 4.7%. As a result, revenue was ¥1,197 million, down 8.5% year on year.」

「For the consolidated fiscal year, shipments of the SE Structural System totaled 138 buildings, up 1.5% year on year, and structural-calculation deliveries for the SE Structural System totaled 149 buildings, up 4.9%. …Structural-calculation deliveries for non-residential timber buildings totaled 239 buildings, up 5.8%. …Revenue was ¥2,945 million, up 6.7%.」

「Although shipments and structural-calculation deliveries increased, revenue was ¥1,308 million, down 14.0% year on year, due to the cancellation of a large Expo-related project planned for the interim consolidated accounting period and the concentration of large projects in the second half compared with the year-earlier period, among other factors.」

「In addition, the company made 株式会社翠豊, which has strengths in the processing and specialized processing of large-section laminated timber and in the construction of large-scale timber buildings, a subsidiary in October 2022. By commercializing the processing and construction of large-section laminated timber, the company established a structure for providing one-stop services for large-scale timber buildings.」

「During the cumulative third quarter of the fiscal year, shipments of the SE Structural System totaled 97 buildings, up 42.6% year on year, continuing at a strong pace. At 株式会社木構造デザイン, which handles large-scale timber buildings other than those using the SE Structural System, continued promotional and sales activities drove structural-calculation deliveries to 55 buildings, up 57.1%, and the company achieved profitability on a cumulative basis through the third quarter. As a result, structural-calculation deliveries across the large-scale timber-building (non-residential) sector increased substantially to 165, up 21.3%. In addition, the group expansion through 翠豊 expanded the business scope in the large-scale timber-building sector, and revenue for the cumulative third quarter was ¥2,039 million, up 76.9% year on year.」

「During the cumulative second quarter of the fiscal year, shipments of the SE Structural System totaled 66 buildings, up 57.1% year on year, continuing at a strong pace. At 木構造デザイン, which handles the design of large-scale timber buildings other than those using the SE Structural System, continued promotional activities drove structural-calculation deliveries to 37 buildings, up 117.6%. Combined with the company's 72 structural-calculation deliveries for the SE Structural System, up 26.3%, structural calculations for non-residential timber buildings increased substantially to 109, up 47.3%. In addition, the group expansion through 株式会社翠豊 expanded the business scope in the large-scale timber-building sector, and revenue for the cumulative second quarter was ¥1,522 million, up 167.6% year on year.」

「During the first quarter of the fiscal year, shipments of the SE Structural System for non-residential timber buildings such as stores totaled 32 buildings, up 45.5% year on year, continuing at a strong pace. At 株式会社木構造デザイン, which handles the design of large-scale timber buildings other than those using the SE Structural System, continued promotional activities drove structural-calculation deliveries to 16 buildings, up 77.8%. Combined with the company's 33 structural-calculation deliveries for the SE Structural System, up 22.2%, structural calculations for non-residential timber buildings increased substantially to 49, up 36.1%. In addition, the group expansion through 株式会社翠豊, which has strengths in the processing and specialized processing of large-section laminated timber and in the construction of large-scale timber buildings, expanded the business scope in the large-scale timber-building sector. Revenue for the quarter was ¥672 million, up 222.7% year on year.」

「During the cumulative third quarter of the fiscal year, shipments of the SE Structural System totaled 68 buildings, up 51.1% year on year, and revenue was ¥1,153 million, up 76.1%. At 木構造デザイン, which handles large-scale timber buildings other than those using the SE Structural System, structural-calculation deliveries totaled 35 buildings, up 105.9%, due to continued promotional and sales activities. Combined with the company's structural-calculation deliveries for the SE Structural System, totaling 136 buildings, up 166.7%, structural-calculation deliveries across the non-residential sector increased substantially. In addition, to capture expected further growth in demand for large-scale timber buildings and expand the business, the company acquired 51.2% of 株式会社翠豊 as of 1 October 2022 and made it a subsidiary. 株式会社翠豊, headquartered in Gifu Prefecture, has strengths in the processing and specialized processing of large-section laminated timber and in the construction of large-scale timber buildings. Through the acquisition, the company plans to expand its business scope by commercializing specialized processing and construction of large-section laminated timber in addition to its existing structural-calculation business for large-scale timber buildings.」

「In addition, to capture expected further growth in demand for large-scale timber buildings and expand the business, the company acquired 51.2% of the shares of 株式会社翠豊 as of 1 October and made it a subsidiary. 株式会社翠豊, headquartered in Gifu Prefecture, has strengths in the processing and specialized processing of large-section laminated timber and in the construction of large-scale timber buildings. Through the acquisition, the company plans to expand its business scope by commercializing specialized processing and construction of large-section laminated timber in addition to its existing structural-calculation business for large-scale timber buildings.」

「During the cumulative first quarter of the fiscal year, shipments of the SE Structural System totaled 22 buildings, up 100.0% year on year. Meanwhile, as projects were scaled back and plans changed in response to soaring timber prices, and progress was concentrated among small and medium-sized projects whose budgets were not substantially revised despite higher material prices, the average price per building declined. Revenue was therefore ¥208 million, up 33.4% year on year. 株式会社木構造デザイン, which handles large-scale timber buildings other than those using the SE Structural System, conducted promotional activities as planned and continued sales activities steadily.」

「Revenue in the large-scale timber-building sector (non-residential) was ¥866 million, up 51.1% year on year. In addition, active seminar activities resulted in 535 new inquiries, up 28.0%, while the number of companies participating in the platform business operated by the subsidiary 木構造デザイン, established in 2020, reached 20.」

「During the cumulative third quarter of the fiscal year, public works and other projects whose construction schedules had been delayed by COVID-19 in the previous fiscal year ended March 2021 gradually resumed. As a result, shipments of the SE Structural System totaled 45 projects, up 32.4% year on year, and revenue was ¥654 million, up 52.6%, significantly exceeding the year-earlier period. The company also began providing the structural-frame performance guarantee system for timber buildings, the structural-performance guarantee for the SE Structural System for non-residential buildings, from 1 October 2021.」

「Although affected by COVID-19, public works and other projects gradually resumed. Shipments of the SE Structural System totaled 30 projects, up 50.0% year on year, and revenue was ¥448 million, up 66.3%. In addition, the company began providing the structural-performance guarantee for the SE Structural System for non-residential buildings, the first such offering in the timber-building industry, from 1 October 2021.」

「Although affected by COVID-19, public works and other projects gradually resumed. Shipments of the SE Structural System totaled 11 projects, up 22.2% year on year, and revenue was ¥156 million, up 10.2%. 株式会社木構造デザイン, which handles large-scale timber buildings other than those using the SE Structural System, conducted promotional activities as planned and continued to drive sales activities.」

「株式会社木構造デザイン launched its large-scale timber construction matching platform business in October 2020, connecting general contractors and architectural firms with structural processing plants. It is strengthening its production structure by developing a network of structural processing plants.」

「In the non-residential sector, the Act on Promotion of Use of Wood in Public Buildings, etc., enacted in October 2010, promoted the use of timber in public buildings involving the national or local governments, increasing orders for timber construction of buildings larger than residential buildings. However, as the COVID-19 pandemic extended construction schedules for public works and other projects, revenue for the nine-month period of the current consolidated fiscal year was ¥429,136 thousand, down 30.5% year on year.」

「In the non-residential sector, the Act on Promotion of Use of Wood in Public Buildings, etc., enacted in October 2010, promoted the use of timber in public buildings involving the national or local governments, increasing orders for timber construction of buildings larger than residential buildings. However, as the COVID-19 pandemic extended construction schedules for public works and other projects, revenue for the first half of the current consolidated fiscal year was ¥269,998 thousand, down 23.4% year on year.」

「In the non-residential sector, the Act on Promotion of Use of Wood in Public Buildings, etc., enacted in October 2010, promoted the use of timber in public buildings involving the national or local governments, increasing orders for timber construction of buildings larger than residential buildings and bringing revenue to ¥140,982 thousand, up 19.0% year on year.」

「In the non-residential sector, the Act on Promotion of Use of Wood in Public Buildings, etc., enacted in October 2010, promoted the use of timber in public buildings involving the national or local governments, increasing orders for timber construction of buildings larger than residential buildings and bringing revenue to ¥720 million, up 65.6% year on year. In response to growing demand for structural calculations for timber buildings other than those using the SE Structural System, the company established 株式会社木構造デザイン in February 2020 as a joint venture with ネットイーグル株式会社, which holds the leading share in the development of CAD systems for timber prefabrication.」

「In the non-residential sector, structural processed-product shipments progressed steadily at 51 buildings during the nine-month period of the current consolidated fiscal year, up 82.1% year on year, while revenue from the timber earthquake-resistant design business increased to ¥4,789,015 thousand, up 2.8% year on year.」

「In the large-scale timber construction sector for non-residential buildings, the number of inquiries increased as a result of sales activities including non-residential timber construction seminars, structural site tours and enhanced web promotions, and the number of structural calculation projects shipped in the second quarter was 40 buildings, compared with 24 buildings in the second quarter of the previous fiscal year.」

「In the large-scale timber construction sector for non-residential buildings, the number of inquiries increased as a result of sales activities including non-residential timber construction seminars, and the number of structural calculation projects shipped in the first quarter was 23 buildings, compared with 12 buildings in the first quarter of the previous fiscal year.」

「The company planned to increase the number of affiliated structural processing plants nationwide from 9 locations as of the end of December 2018 (Hokkaido, Tochigi, Chiba, Kanagawa, Gifu, Kyoto, Osaka, Okayama and Miyazaki) to 10 locations during the fiscal year ending March 2020.」