Turnaround to an operating profit in the Interior Lifestyle business

「On the earnings side, operating profit was ¥451.24 million, up 243.5% from the previous consolidated fiscal year, due to improvements in the cost-of-sales ratio and the selling, general and administrative expense ratio.」

「In terms of profit, improvements in the cost of sales ratio and reductions in selling, general and administrative expenses resulted in operating profit of ¥235.98 million, up 107.0% year on year.」

「On the earnings side, operating profit was ¥305.48 million, up 99.7% year on year, due to an improved cost-of-sales ratio and lower selling, general and administrative expenses.」

「Sales at ライフオンプロダクツ㈱ and ㈱アスカ商会 performed well, while sales at ㈱ラドンナ substantially exceeded those in the previous consolidated fiscal year. Revenue was therefore ¥14,461.4 million, up 1.7% from the previous consolidated fiscal year. On the earnings side, operating profit was ¥131.37 million, down 32.3%, due to a lower gross profit margin resulting from the weaker yen and higher raw material prices, as well as a substantial increase in selling, general and administrative expenses at ㈱ぼん家具.」

「Revenue was ¥7,147.57 million, up 5.5% year on year, partly because sales at ライフオンプロダクツ㈱ and ㈱アスカ商会 performed well. However, operating profit was ¥152.99 million, down 1.2% year on year, due to a lower gross profit margin resulting from the weaker yen and higher raw material costs, as well as higher selling, general and administrative expenses, including promotional expenses and storage fees.」

「Although ライフオンプロダクツ㈱ performed well, the other domestic Group companies underperformed. Revenue for the Interior and Lifestyle segment as a whole was ¥9,439.37 million, down 3.8% year on year. Although the cost ratio improved slightly due to the effect of price increases and the introduction of new products, the impact of lower revenue was greater, and operating profit was ¥129.87 million, down 44.4% year on year.」

「Although ライフオンプロダクツ㈱ performed well, the other domestic Group companies underperformed. Revenue for the Interior and Lifestyle segment as a whole was ¥6,339.55 million, down 4.2% year on year. Although the cost ratio improved slightly due to the effect of price increases and the introduction of new products, the impact of lower revenue was greater, and operating profit was ¥127.48 million, down 26.0% year on year.」

「Revenue for the Interior and Lifestyle segment as a whole was ¥2,912.18 million, down 6.8% year on year. Although the cost ratio improved slightly due to the effect of price increases and the introduction of new products, the impact of lower revenue was greater, and operating profit was ¥74.37 million, down 19.7% year on year.」

「In addition to strong performance by ㈱ぼん家具 and ㈱アスカ商会, the addition of ライフオンプロダクツ㈱, which became a subsidiary in November 2021, contributed to revenue. Revenue was ¥13,460.33 million, up 27.3% from the previous consolidated fiscal year, while operating profit was ¥370.77 million, down 19.9%, due to a higher cost-of-sales ratio resulting from the sharp depreciation of the yen.」

「In addition to strong performance by ㈱ぼん家具 and ㈱アスカ商会, the addition of ライフオンプロダクツ㈱, which became a subsidiary in November 2021, contributed to revenue. Revenue for the Interior and Lifestyle segment as a whole was ¥9,808.15 million, up 38.8% year on year, while operating profit was ¥233.5 million, down 42.0%, due to a higher cost-of-sales ratio resulting from the sharp depreciation of the yen.」

「In addition to strong performance by ㈱ぼん家具 and ㈱アスカ商会, the addition of ライフオンプロダクツ㈱, which became a subsidiary in November 2021, contributed to revenue. Revenue for the Interior and Lifestyle segment as a whole was ¥6,620.44 million, up 59.5% year on year, while operating profit was ¥172.3 million, down 54.6%, due to a higher cost-of-sales ratio resulting from the sharp depreciation of the yen.」

「In addition to strong sales at the domestic Group companies, the addition of ライフオンプロダクツ㈱, which became a subsidiary in November 2021, contributed to revenue. Revenue was ¥3,125.91 million, up 61.7% year on year, while operating profit was ¥92.59 million, down 41.3%, due to a higher cost-of-sales ratio resulting from the sharp depreciation of the yen.」

「As a result, despite a decline following the strong performance of ㈱ぼん家具 in the previous period, ㈱ラドンナ and ㈱アスカ商会 increased revenue, and the addition of ライフオンプロダクツ㈱, which joined the Group, also contributed. Revenue was ¥10,575.77 million, up 22.6% from the previous consolidated fiscal year. Operating profit was ¥462.79 million, down 39.3%, due to a higher cost-of-sales ratio resulting from the sharp depreciation of the yen and higher purchase prices, as well as higher selling, general and administrative expenses, including expenses for acquiring the shares of ライフオンプロダクツ.」

「As a result, although revenue at ㈱ぼん家具 declined year on year, revenue at ㈱ラドンナ and ㈱アスカ商会 increased, and the addition of ライフオンプロダクツ㈱, which joined the Group, also contributed. Revenue for the Interior and Lifestyle segment as a whole was ¥7,067.01 million, up 10.9% year on year, while operating profit was ¥402.82 million, down 33.4% year on year due to higher selling, general and administrative expenses.」

「㈱ラドンナ and ㈱アスカ商会 increased revenue and profit by expanding sales, particularly of their core products, while ㈱ぼん家具 reported lower revenue and profit, partly reflecting the reaction following the previous year's stay-at-home demand. As a result, revenue was ¥4,150.62 million, down 1.2% year on year, and operating profit was ¥379.32 million, down 11.4%.」

「As a result, despite implementing various sales expansion measures, revenue was ¥1,933.06 million, down 6.7% year on year, partly reflecting the reaction following the previous year's stay-at-home demand. Operating profit was ¥157.78 million, down 28.4% year on year.」

「As a result, revenue at ㈱ぼん家具 and ㈱ラドンナ performed well on stay-at-home demand. Revenue was ¥8,628.69 million, up 28.4% from the previous consolidated fiscal year, while operating profit was ¥762.77 million, compared with an operating loss of ¥4.74 million in the previous consolidated fiscal year, reflecting a substantial increase in revenue and efforts to reduce various costs.」

「As a result, revenue at ㈱ぼん家具 and ㈱ラドンナ performed well on stay-at-home demand. Revenue was ¥6,371.77 million, up 32.3% year on year, while operating profit was ¥604.77 million, compared with an operating loss of ¥62.59 million in the previous year, reflecting a substantial increase in revenue and efforts to reduce various costs.」

「As a result, revenue at ㈱ぼん家具 and ㈱ラドンナ performed well on stay-at-home demand. Revenue was ¥4,202.8 million, up 32.6% year on year, while operating profit was ¥427.93 million, compared with an operating loss of ¥20.62 million in the previous year, reflecting a substantial increase in revenue and efforts to reduce various costs.」

「As a result, storage products at ㈱ぼん家具 performed well on stay-at-home demand, while kitchen appliances at ㈱ラドンナ also performed well. Revenue was ¥2,071.52 million, up 47.0% year on year, and operating profit was ¥220.5 million, compared with an operating loss of ¥60.93 million in the previous year.」

「As a result, although ㈱ぼん家具 showed some recovery, all 3 companies reported lower revenue year on year, mainly due to the impact of COVID-19. Revenue was therefore ¥6,719.78 million, down 11.1% from the previous consolidated fiscal year, and the decline in revenue resulted in an operating loss of ¥4.74 million, compared with operating profit of ¥14.91 million in the previous consolidated fiscal year.」

「As a result, despite implementing various sales expansion measures, revenue was ¥4,816.31 million, down 14.8% year on year, as all 3 companies reported lower revenue year on year. The decline in revenue resulted in an operating loss of ¥62.59 million, compared with operating profit of ¥23.67 million in the previous year.」

「As a result, despite implementing various sales expansion measures, revenue was ¥3,170.06 million, down 16.6% year on year, as all 3 companies reported lower revenue year on year. The decline in revenue resulted in an operating loss of ¥20.62 million, compared with operating profit of ¥31.45 million in the previous year.」

「As a result, despite implementing various sales expansion measures, sales of large products at ㈱ぼん家具 remained sluggish, partly due to the impact of price revisions following higher freight costs. Revenue at ㈱ラドンナ and ㈱アスカ商会 also declined because of weak performance by their core products. As all 3 companies reported lower revenue year on year, revenue was ¥1,408.88 million, down 20.7%, and the segment posted an operating loss of ¥60.93 million, compared with operating profit of ¥9.4 million in the previous year.」

「As a result, revenue from the Interior and Lifestyle segment was ¥7,559.41 million, down 1.7% from the previous consolidated fiscal year, while operating profit was ¥14.91 million, down 72.2%, due to higher selling, general and administrative expenses, including freight and rent.」

「As a result, although ㈱ぼん家具 increased revenue year on year, revenue at ㈱ラドンナ and ㈱アスカ商会 declined. Revenue for the Interior and Lifestyle segment as a whole was therefore ¥5,655.71 million, down 0.8% year on year, while operating profit was ¥23.67 million, down 68.9%, due to higher selling, general and administrative expenses, including freight and rent.」

「As a result, revenue was ¥3,799.08 million, up 2.1% year on year, while operating profit was ¥31.45 million, down 43.7%, due to higher selling, general and administrative expenses, including freight and rent.」

「As a result, revenue was ¥1,776.97 million, up 5.9% year on year, partly because all 3 companies, ㈱ぼん家具, ㈱ラドンナ and ㈱アスカ商会, reported higher revenue. Operating profit was ¥9.4 million, up 474.1% year on year.」

「As a result, revenue from the Interior and Lifestyle segment was ¥7,688.32 million, up 4.0% from the previous consolidated fiscal year, while operating profit was ¥53.61 million, down 72.7%, due to higher selling, general and administrative expenses, including promotional expenses and freight.」

「As a result, revenue was ¥5.70060 billion, up 2.5% year on year, while operating profit was ¥76.23 million, down 58.9% year on year, due to higher selling, general and administrative expenses resulting from increases in promotional expenses, freight and other costs.」

「As a result, revenue was ¥3.72046 billion, up 1.6% year on year, while operating profit was ¥55.86 million, down 61.2% year on year, due to higher selling, general and administrative expenses resulting from increases in promotional expenses, freight and other costs.」

「As a result, revenue was ¥1.67730 billion, down 0.0% year on year, and operating profit was ¥1.63 million, down 95.9% year on year.」

「As a result, revenue in the Interior and Lifestyle Business was ¥7.50543 billion, down 0.2% from the previous consolidated fiscal year, and operating profit was ¥196.47 million, compared with an operating loss of ¥9.73 million in the previous consolidated fiscal year.」

「As a result, revenue was ¥5.65672 billion, up 2.1% year on year, and operating profit was ¥194.75 million, compared with an operating loss of ¥27.88 million in the same period of the previous year.」