Narrowing losses in the housing and living-related equipment business

「As a result, mainly due to strong demand for office furniture products such as office chairs and increased sales of allergy-testing products, revenue was ¥3,310 million, up ¥686 million, or 26.2%, from the same quarter of the previous fiscal year. In terms of earnings, segment profit was ¥245 million, up ¥210 million, or 598.6%, owing mainly to the increase in gross profit accompanying higher revenue.」

「As a result, net sales were ¥13,392 million, up ¥627 million, or 4.9%, from the previous consolidated fiscal year, due mainly to increased sales of office furniture products including office chairs. On the earnings front, segment profit was ¥764 million, up ¥291 million, or 61.8%, from the previous consolidated fiscal year, due to higher gross profit accompanying the increase in sales and efforts to reduce fixed costs.」

「On the earnings front, segment profit was ¥30 million, compared with a segment loss of ¥152 million in the same period of the previous year, marking a return to profitability due to higher gross profit accompanying the increase in sales and efforts to reduce fixed costs.」

「As a result, net sales were ¥5,063 million, up ¥107 million, or 2.2%, year on year, due mainly to increased sales of office furniture products including office chairs. On the earnings front, the deficit narrowed due to higher gross profit accompanying the increase in sales and efforts to reduce fixed costs, but segment loss was ¥152 million, compared with a segment loss of ¥299 million in the previous year.」

「On the earnings front, despite efforts to reduce fixed costs, segment loss was ¥47 million, compared with a segment loss of ¥145 million in the previous consolidated fiscal year, due to the initial losses of the new clinical testing reagents business.」

「As a result, net sales were ¥7,681 million, up ¥420 million, or 5.8%, year on year, as overall office furniture demand showed signs of recovery during the fiscal year, although demand for private-space products, which had been strong due to demand for web conferencing, paused. On the earnings front, despite efforts to reduce fixed costs, segment loss was ¥490 million, compared with a segment loss of ¥395 million in the same quarter of the previous year, due mainly to margin deterioration caused by higher purchased-material prices resulting from the weaker yen.」

「On the earnings front, despite efforts to reduce fixed costs, segment loss was ¥306 million, compared with a segment loss of ¥240 million in the same quarter of the previous year, due to higher purchased-material prices resulting from the weaker yen.」

「On the earnings front, despite efforts to reduce fixed costs, gross margin deteriorated due to inventory write-downs and higher expenses including electricity costs, resulting in segment loss of ¥180 million, compared with a segment loss of ¥60 million in the same quarter of the previous year.」

「However, due mainly to the limited supply of new office buildings during the fiscal year, net sales were ¥11,231 million, down ¥863 million, or 7.1%, from the previous consolidated fiscal year. On the earnings front, despite efforts to reduce fixed costs, segment loss was ¥5 million, compared with segment profit of ¥446 million in the previous consolidated fiscal year, due to lower gross profit accompanying the decline in sales and higher purchased-material prices, including the impact of the weaker yen.」

「However, due mainly to the limited supply of new office buildings during the fiscal year, net sales were ¥7,261 million, down ¥441 million, or 5.7%, year on year. On the earnings front, despite efforts to reduce fixed costs, segment loss was ¥294 million, compared with segment profit of ¥54 million in the same quarter of the previous year, due to lower gross profit accompanying the decline in sales and margin deterioration caused by higher purchased-material prices resulting from the weaker yen.」

「However, due mainly to the limited supply of new office buildings during the fiscal year, net sales were ¥4,689 million, down ¥215 million, or 4.4%, year on year. On the earnings front, despite efforts to reduce fixed costs, segment loss was ¥176 million, compared with segment profit of ¥6 million in the same quarter of the previous year, due to lower gross profit accompanying the decline in sales and higher prices for purchased materials resulting from the weaker yen.」

「However, net sales were ¥2,333 million, down ¥115 million, or 4.7%, year on year, due mainly to factors including a pause in the recovery of office furniture demand. On the earnings front, despite efforts to reduce fixed costs, segment loss was ¥31 million, compared with segment profit of ¥24 million in the same quarter of the previous year, due mainly to lower gross profit accompanying the decline in sales.」

「As a result, net sales were ¥7,702 million, up ¥2,293 million, or 42.4%, year on year, due mainly to strong sales of private-space products and solid office furniture demand. On the earnings front, segment profit was ¥54 million, compared with a segment loss of ¥549 million in the same quarter of the previous year, due to higher gross profit accompanying the increase in sales and thorough cost optimization.」

「Net sales were ¥4,904 million, up ¥1,695 million, or 52.8%, year on year, due mainly to strong sales of private-space products and solid office furniture demand. On the earnings front, segment profit was ¥6 million, compared with a segment loss of ¥432 million in the same quarter of the previous year, due to higher gross profit accompanying the increase in sales and thorough cost optimization.」

「As a result, net sales were ¥2,449 million, up ¥1,144 million, or 87.7%, year on year, due mainly to strong sales of private-space products and solid office furniture demand. On the earnings front, segment profit was ¥24 million, compared with a segment loss of ¥313 million in the same quarter of the previous year, due to higher gross profit accompanying the increase in sales and thorough cost optimization.」

「However, the impact of lower orders was substantial, with net sales of ¥9,285 million, down ¥1,005 million, or 9.8%, from the previous consolidated fiscal year. On the earnings front, despite efforts to aggressively reduce costs, segment loss was ¥228 million, compared with segment profit of ¥281 million in the previous consolidated fiscal year.」

「However, the impact of lower orders resulting from customers suspending operations and restraint in recent office investment was substantial, with net sales of ¥5,408 million, down ¥1,202 million, or 18.2%, year on year. On the earnings front, despite efforts to aggressively reduce costs, segment loss was ¥549 million, compared with a segment loss of ¥109 million in the same quarter of the previous year.」

「However, the impact of lower orders resulting from customers suspending operations and other factors was substantial, with net sales of ¥3,208 million, down ¥1,046 million, or 24.6%, year on year. Earnings were also affected by the substantial decline in orders, resulting in segment loss of ¥432 million, compared with a segment loss of ¥107 million in the same quarter of the previous year.」

「However, the impact of lower orders resulting from customers suspending operations was substantial, with net sales of ¥1,305 million, down ¥715 million, or 35.4%, year on year. Earnings were also affected by the substantial decline in orders, resulting in segment loss of ¥313 million, compared with a segment loss of ¥69 million in the same quarter of the previous year.」

「Due to lower demand toward the end of the fiscal year accompanying the spread of COVID-19, net sales were ¥10,291 million, down ¥280 million, or 2.7%, from the previous consolidated fiscal year. On the earnings front, despite efforts to aggressively reduce costs and streamline operations, segment profit was ¥281 million, down ¥72 million, or 20.5%, from the previous consolidated fiscal year due to lower gross profit accompanying the decline in sales.」

「However, although demand in China remained solid, net sales were ¥6,610 million, down ¥213 million, or 3.1%, year on year, due mainly to lower sales resulting from restraint in domestic office furniture installations amid concerns about the economic outlook. On the earnings front, despite efforts to aggressively reduce costs, segment loss was ¥109 million, compared with a segment loss of ¥55 million in the same quarter of the previous year.」

「As a result, net sales were ¥4,255 million, up ¥109 million, or 2.7%, year on year, due mainly to solid demand in China. On the earnings front, despite efforts to aggressively reduce costs, segment loss was ¥107 million, compared with a segment loss of ¥91 million in the same quarter of the previous year.」

「As a result, net sales were ¥2,020 million, up ¥72 million, or 3.7%, year on year, due mainly to solid demand in China despite some restraint in domestic office furniture demand. On the earnings front, despite efforts to aggressively reduce costs, segment loss was ¥69 million, compared with a segment loss of ¥52 million in the same quarter of the previous year.」

「As a result, net sales were ¥10,572 million, up ¥360 million, or 3.5%, from the previous consolidated fiscal year, due mainly to solid office furniture demand accompanying the increase in completed office buildings. On the earnings front, despite efforts to aggressively reduce costs, segment profit was ¥353 million, down ¥126 million, or 26.4%, from the previous consolidated fiscal year, mainly due to the impact of higher depreciation expense on capital investments made during the fiscal year.」

「On the earnings front, despite efforts to aggressively reduce costs, segment loss was ¥55 million, compared with segment profit of ¥51 million in the same quarter of the previous year, mainly due to the impact of higher depreciation expense on capital investments made in the previous consolidated fiscal year and during the quarter.」

「On the earnings front, despite efforts to aggressively reduce costs, segment loss was ¥91 million, compared with a segment loss of ¥45 million in the same quarter of the previous year, mainly due to the impact of higher depreciation expense on capital investments made in the previous consolidated fiscal year and during the quarter.」

「Meanwhile, despite efforts to reduce costs aggressively, the segment loss was ¥52 million, compared with a ¥23 million loss in the same quarter of the previous year, mainly due to the impact of higher depreciation expenses on capital investments made during the previous consolidated fiscal year and the current quarter.」

「In terms of earnings, segment profit was ¥480 million, an increase of ¥56 million, or 13.3%, from the previous consolidated fiscal year, as a result of higher capacity utilization from increased sales and efforts to reduce costs aggressively.」

「In terms of earnings, segment profit was ¥51 million, an improvement from the ¥48 million segment loss in the same quarter of the previous year, as a result of efforts to reduce costs aggressively.」

「However, in terms of earnings, despite efforts to reduce costs aggressively, the segment loss widened to ¥45 million from ¥16 million in the same quarter of the previous year, mainly due to the impact of lower product selling prices resulting from intensifying market competition.」

「In terms of earnings, the segment loss narrowed to ¥23 million from ¥59 million in the same quarter of the previous year as a result of efforts to improve gross profit through higher sales and to reduce costs aggressively.」

「As a result, mainly because demand for office furniture remained firm, revenue was ¥5,826 million, broadly unchanged from the previous third-quarter cumulative period. In terms of earnings, the segment loss narrowed to ¥48 million from ¥67 million in the same quarter of the previous year as a result of aggressive cost-cutting efforts.」

「As a result, mainly because demand for office furniture remained firm, revenue was ¥3,798 million, an increase of ¥60 million, or 1.6%, from the previous second-quarter cumulative period. In terms of earnings, despite the impact of lower selling prices due to intensifying market competition, the segment loss narrowed to ¥16 million from ¥46 million in the same quarter of the previous year as a result of efforts to reduce costs aggressively.」