FY2020-Q3 segment performance

「Against this backdrop, the company promoted the nationwide rollout and branding of its proposed model home, "Skog no Ie," and worked to develop and strengthen sales of new products, including imported products related to natural materials and the underfloor heating and cooling system "Air Volley." However, partly due to a reaction to the consumption tax increase, revenue was ¥9,302 million, down 0.5% year on year, and operating profit was ¥723 million, down 7.2%. In the home improvement center industry, consumers' preference for saving remains strong, and competition with other companies in the industry and with companies in other industries continues to intensify. Against this backdrop, the company worked to differentiate itself from other stores by improving customer satisfaction and strengthening customer service. As a result, revenue was ¥14,673 million, up 1.0% year on year, and operating profit was ¥951 million, up 16.8%. Higher income from the rebuilding of rental properties carried out in the previous fiscal year and the opening of new tenants at home improvement centers resulted in revenue of ¥253 million, up 45.7% year on year, and operating profit of ¥176 million, up 42.8%. Although the company worked to improve productivity and reduce expenses through greater operating efficiency, materials procurement preceded revenue during the fiscal year and the construction structure was also reviewed. Revenue was ¥779 million, down 7.9% year on year, and operating profit was ¥32 million, down 64.0%. The company worked to improve operating efficiency by thoroughly applying the fundamentals of design, supervision and construction at project sites, and also received a large order during the fiscal year. Revenue was ¥1,164 million, up 24.3% year on year, and operating profit was ¥86 million, up 99.7%.」