FY2021 Q2 cumulative: lower revenue and operating profit, higher net profit

「Domestic sales were ¥166.13 billion, down 18.0% year on year. Overseas sales were ¥215.02 billion, up 13.6%, partly reflecting the addition of sales from the Prinova Group, acquired in the second quarter of the previous fiscal year. Revenue was ¥381.15 billion, down 2.7%. In terms of earnings, the Prinova Group’s high profitability more than offset the impact of lower revenue, resulting in gross profit of ¥53.78 billion, up 5.7%. Operating profit was ¥8.93 billion, down 15.9%, and ordinary profit was ¥9.69 billion, down 8.4%, due mainly to increased costs for sustainable growth initiatives, including the promotion of digital transformation (DX), despite the contribution from the Prinova Group. Net income attributable to owners of the parent was ¥10.18 billion, up 37.2%, due in part to gains recognized on the sale of shares held by the Company.」