FY2021-Q2 segment results

「The wholesale business reported net sales of ¥5,556 million, down 12.3% year on year, and operating income of ¥430 million, down 19.3%. The retail business reported net sales of ¥11,112 million, up 16.2%, and operating income of ¥1,065 million, up 71.5%. The real estate business focused on appropriate management and efficient operation of rental assets, reporting net sales of ¥175 million, up 2.2%, and operating income of ¥124 million, up 6.4%. The scaffolding rental business worked to improve productivity through greater operating efficiency and reduce expenses, but net sales fell 32.0% year on year to ¥392 million and operating income fell 98.1% to ¥0 million, due to a substantial decline in renovation work caused by the spread of COVID-19 and the front-loaded costs of opening the Hakodate sales office. The sash and glass installation business worked to improve operating efficiency by thoroughly implementing the fundamentals of design, supervision and construction at work sites, but because it did not receive replacement orders for a large project secured in the prior year, net sales fell 24.0% to ¥555 million and it posted an operating loss of ¥4 million, compared with operating income of ¥41 million in the prior-year period.」