FY2024-Q3 Segment Results

「The company worked to strengthen sales of original products such as the ductless total heat-exchange ventilation system “Air save,” but partly due to a decline in housing starts for owner-occupied homes, revenue was ¥8,268 million, down 6.1% year on year, and operating profit was ¥744 million, down 5.6%. Competition in the home-center industry with other companies in the same industry and with companies in other industries has continued to intensify. Against this backdrop, the company worked to differentiate its stores by improving customer satisfaction and strengthening customer service, but amid higher expenses including personnel, water and utility costs, revenue was ¥16,925 million, down 1.0%, and operating profit was ¥1,114 million, down 19.6%. Through appropriate management and efficient operation of rental assets, revenue was ¥318 million, down 3.7%, and operating profit was ¥199 million, down 1.0%. Although the company worked to improve productivity through more efficient operations and reduce expenses, partly due to the closure of the Obihiro sales office in December last year, revenue was ¥496 million, down 15.6%, and operating profit was ¥32 million, down 40.1%. By thoroughly implementing the fundamentals of design, supervision and construction at work sites, the company worked to improve operational efficiency, resulting in revenue of ¥997 million, up 12.1%, and operating profit of ¥96 million, up 453.9%.」