FY2023-Q1First statedAnnual report
「As a result, net sales were ¥2.766 billion (down 0.0% year on year) and operating income was ¥232 million (down 1.3%). As a result, net sales were ¥5.151 billion (up 1.0%) and operating income was ¥403 million (down 6.9%). The company focuses on appropriate maintenance and efficient operation of its rental assets, resulting in net sales of ¥97 million (up 6.6%) and operating income of ¥69 million (up 3.8%). The company worked to improve productivity through more efficient operations and reduce expenses, but with expenses ahead of revenue due to the acceptance of foreign technical interns, net sales were ¥205 million (up 2.1%) and operating income was ¥17 million (down 31.4%). The company worked to improve operational efficiency by thoroughly applying the fundamentals of design, supervision and construction at worksites, but construction orders were sluggish in early spring, resulting in net sales of ¥209 million (down 13.1%) and an operating loss of ¥12 million (compared with an operating loss of ¥0 million in the year-earlier period).」
Wholesale was flat with lower profit, retail posted higher revenue but lower profit, real estate posted higher revenue and profit, scaffolding rental posted higher revenue but lower profit, and sash and glass installation recorded lower revenue and an operating loss.