Expansion of orders in the architectural finishing business

「Revenue from the building and interior construction business was ¥16,151 million, up 3.6% year on year, while operating profit was ¥1,061 million, down 30.6%.」

「At 髙島屋スペースクリエイツ株式会社, orders remained firm for large-scale projects, including hotels, and commercial facilities mainly involving luxury brands. Stronger cost control also contributed to improved margins and higher profit. The company will continue to strengthen proactive proposal-based sales by leveraging its sales and design capabilities and link these efforts to the construction of a stable earnings base.」

「髙島屋スペースクリエイツ株式会社 will establish a new company in Vietnam to operate a residential interior construction business. It will firmly capture expected future demand for Japanese-quality residential interiors as living standards improve.」

「Revenue from the interior construction business was ¥15,425 million, up 15.9% year on year, and operating profit was ¥1,177 million, up 804.3% year on year. At 髙島屋スペースクリエイツ株式会社, orders increased for large-scale projects, including hotels, and commercial facilities mainly involving luxury brands, resulting in higher revenue and profit. The company will continue to strengthen proactive proposal-based sales by leveraging its sales and design capabilities, supported by the development and reinforcement of specialized personnel, and link these efforts to the construction of a stable earnings base.」

「Revenue from the interior construction business was ¥8,526 million, up 79.8% year on year, and operating profit was ¥578 million, compared with an operating loss of ¥344 million in the same period of the previous year. At 髙島屋スペースクリエイツ株式会社, orders increased for large-scale projects, including hotels, and commercial facilities mainly involving luxury brands, resulting in higher revenue and a return to profitability. The company will continue to strengthen proactive proposal-based sales by leveraging its sales and design capabilities, supported by the development and reinforcement of specialized personnel, and link these efforts to the construction of a stable earnings base.」

「At 髙島屋スペースクリエイツ株式会社, orders increased for large-scale projects, including hotels, and commercial facilities mainly involving luxury brands, resulting in higher revenue. However, the loss widened slightly due in part to higher costs at some large-scale projects. Going forward, the company will build a stable earnings base by further strengthening proactive proposal-based sales through its sales and design capabilities.」

「At 髙島屋スペースクリエイツ株式会社, orders increased for large-scale projects, including hotels, and commercial facilities mainly involving luxury brands, resulting in higher revenue and a return to profitability. The company will continue to strengthen proactive proposal-based sales by leveraging its sales and design capabilities and build a stable earnings base.」

「At 髙島屋スペースクリエイツ株式会社, orders increased for large-scale projects, including hotels scheduled for completion by 2025, and commercial facilities mainly involving luxury brands, resulting in higher revenue and a narrower loss. The company will continue to strengthen proactive proposal-based sales by leveraging its sales and design capabilities and build a stable earnings base.」

「Revenue from the interior construction business was ¥14,883 million, compared with ¥11,768 million in the same period of the previous year, and the operating loss was ¥456 million, compared with an operating loss of ¥662 million in the same period of the previous year. In the interior construction business, 髙島屋スペースクリエイツ株式会社 recorded higher revenue and profit as orders increased for commercial facilities, mainly involving luxury brands, and large hotels, reflecting the recovery from the impact of COVID-19.」

「Going forward, we will further strengthen proactive proposal-based sales and work to build a stable earnings base.」

「In the interior construction business, 髙島屋スペースクリエイツ株式会社 recorded lower revenue and profit due to the impact of soaring raw-material costs and other factors. As the impact of COVID-19 continues to diminish, the company expects orders to recover toward the end of the fiscal year, mainly from its core customers, luxury brands and hotels.」

「In the interior construction business, 髙島屋スペースクリエイツ株式会社 will promote solution-based sales by engaging with customers from the planning and development stages, while strengthening its design capabilities through alliances with external companies and thorough marketing. It will also seek to improve productivity and quality in manufacturing through digital transformation (DX) and collaboration with partner companies.」

「Revenue from the interior construction business was ¥11,768 million, down 23.6% year on year, and the operating loss was ¥662 million, compared with an operating loss of ¥530 million in the same period of the previous year. In the interior construction business, 髙島屋スペースクリエイツ株式会社 recorded lower revenue after its major customers, commercial facilities and hotels, reviewed or postponed their business plans due to the impact of COVID-19, in addition to the反動 from large orders received through the previous year. Although the company worked to reduce operating expenses, including by cutting labor costs through operational reviews, operating profit declined from the previous year.」

「Revenue from the interior construction business was ¥8,258 million, down 34.3% year on year, and the operating loss was ¥132 million, compared with an operating loss of ¥121 million in the same period of the previous year. In addition to the反動 from large projects in the previous year, the business recorded a substantial decline in revenue as its major customers, commercial facilities and hotels, reviewed or postponed their business plans due to the impact of COVID-19.」

「Operating revenue in the interior construction business was ¥3,960 million, down 45.4% year on year, and the operating loss was ¥319 million, compared with operating profit of ¥115 million in the same period of the previous year. Although the Company sought to reduce operating expenses by improving work-cost efficiency and through other measures, revenue and profit declined, partly due to the reaction following large projects received in the previous year.」

「Operating revenue in the interior construction business was ¥19,079 million, down 42.5% year on year, and the operating loss was ¥980 million, compared with operating profit of ¥1,779 million in the same period of the previous year. Although the Company sought to secure profit through expense reductions and other measures in response to the sharp decline in demand for interior construction caused by restrained corporate capital investment amid growing uncertainty over the economic outlook, as well as construction suspensions and delays, revenue and profit declined.」

「Operating revenue in the interior construction business was ¥15,404 million, down 32.2% year on year, and the operating loss was ¥530 million, compared with operating profit of ¥1,286 million in the same period of the previous year. 髙島屋スペースクリエイツ株式会社 recorded lower revenue and profit because, in addition to construction suspensions and delays following the declaration of a state of emergency, companies restrained capital investment as uncertainty over the economic outlook increased, causing demand for interior construction to fall sharply.」

「Operating revenue in the interior construction business was ¥12,576 million, down 23.2% year on year, and the operating loss was ¥121 million, compared with operating profit of ¥758 million in the same period of the previous year. 髙島屋スペースクリエイツ株式会社 recorded lower revenue and profit because the declaration of a state of emergency led to construction suspensions and delays, while growing uncertainty over the economic outlook curbed capital investment and caused demand for interior construction to fall sharply.」

「In the interior construction business, 髙島屋スペースクリエイツ株式会社 exceeded operating revenue in the same period of the previous year due to an increase in external orders, despite construction suspensions and delays following the declaration of a state of emergency in response to COVID-19. However, profit declined because intensifying competition reduced profit margins.」

「In the interior construction business, 髙島屋スペースクリエイツ株式会社 increased revenue and profit through higher orders for accommodation and commercial facilities, supported by strong demand ahead of the Tokyo Olympic and Paralympic Games.」

「Operating revenue in the interior construction business was ¥16,369 million, up 34.2% year on year, and operating profit was ¥758 million, up 71.9%. 髙島屋スペースクリエイツ株式会社 increased revenue amid favorable business conditions. Strong inbound demand ahead of the Tokyo Olympic and Paralympic Games drove a substantial increase in orders for hotels and other accommodation facilities, as well as commercial facilities such as luxury-brand stores and boutiques, resulting in higher profit.」

「In the interior construction business, 髙島屋スペースクリエイツ株式会社 recorded higher revenue and profit amid favorable business conditions driven by an increase in inbound visitors ahead of the Tokyo Olympic and Paralympic Games.」

「Operating revenue in the interior construction business was ¥17,603 million, down 3.5% year on year, and operating profit was ¥555 million, down 2.3%. 髙島屋スペースクリエイツ株式会社 recorded lower revenue and profit because of the significant reaction following large hotel orders received in the previous year and lower profit margins due to higher external procurement costs.」

「In the interior construction business, 髙島屋スペースクリエイツ株式会社 recorded a substantial increase in revenue from department stores and other internal sources. However, external revenue declined substantially due to the reaction following the previous year's sales from large luxury-brand and hotel projects, while profit margins fell amid intensifying competition, resulting in lower revenue and profit.」

「In the interior construction business, 髙島屋スペースクリエイツ株式会社 pursued initiatives to increase orders, but revenue and profit declined due to the significant reaction following large orders received in the previous year.」

「髙島屋スペースクリエイツ株式会社 will work to increase construction orders for large-scale projects, including hotels, where activity has increased ahead of inbound demand and the Tokyo Olympic and Paralympic Games. It will also seek to expand orders for interior work on shops and other facilities at Nihombashi Takashimaya S.C., while further enhancing and utilizing its planning, design and other capabilities to strengthen competitiveness through differentiation.」

「Operating revenue in the interior construction business was ¥13,368 million, down 6.1% year on year, and operating profit was ¥738 million, down 14.5%. 髙島屋スペースクリエイツ株式会社 made steady progress on construction projects for large accommodation facilities and department stores, but revenue and profit declined due to the reaction following large projects received in the previous year.」

「Operating revenue in the interior construction business was ¥6,926 million, up 44.1% year on year, and operating profit was ¥264 million, compared with an operating loss of ¥80 million in the same period of the previous year. 髙島屋スペースクリエイツ株式会社 recorded higher revenue and profit as construction projects for commercial facilities and hotels progressed steadily.」

「In the interior construction business, 髙島屋スペースクリエイツ株式会社 recorded higher revenue and profit as orders for hotels, commercial facilities and other properties remained solid amid favorable conditions in the construction market, in addition to receiving orders for construction work around Nagoya Station. As a result, operating revenue was ¥21,551 million, up 23.8% year on year, and operating profit was ¥1,383 million, up 71.1% year on year.」