Expanding Public- and Private-Sector Orders and Managing Construction Costs

「In the construction business, revenue declined because orders for private-sector construction decreased, although orders for government construction remained firm.」

「In the construction business, revenue declined because orders for private-sector construction decreased, although orders for government construction remained firm.」

「In the construction business, revenue declined because the decrease in private-sector construction outweighed progress on the Hiroshima Station Front Ohashi Route Development Project and an increase in government construction. As a result, operating revenue for the current interim consolidated accounting period decreased 28.4%, or ¥1,079 million, from the previous interim consolidated accounting period to ¥2,723 million, while operating profit decreased 8.0%, or ¥8 million, to ¥92 million.」

「In the construction business, revenue increased because of progress on the Hiroshima Station Front Ohashi Route Development Project and steady orders for private-sector construction.」

「In the construction business, revenue increased because of progress on construction of commercial facilities at Family Town Hiroden Rakurakuen in Saeki-ku, Hiroshima, and the completion of construction of a senior-care facility ordered from the private sector. As a result, operating revenue for the current interim consolidated accounting period increased 89.9%, or ¥1,800 million, from the previous interim consolidated accounting period to ¥3,803 million, while operating profit increased 48.7%, or ¥32 million, to ¥100 million.」

「As a result, operating revenue for the current fiscal year decreased 18.1%, or ¥1,068 million, from the previous fiscal year to ¥4,822 million, while operating profit decreased 25.1%, or ¥45 million, to ¥136 million.」

「As a result, operating revenue for the first nine months of the current fiscal year decreased 20.9%, or ¥831 million, from the first nine months of the previous fiscal year to ¥3,143 million. Operating profit, however, increased 33.0%, or ¥25 million, from ¥78 million in the first nine months of the previous fiscal year to ¥104 million, as the Hiroshima Station South Exit Redevelopment Project and the Miyajimaguchi development project, which have relatively high profit margins because of their long construction periods, contributed to earnings.」

「As a result, operating revenue for the first half of the current fiscal year decreased 20.9%, or ¥530 million, from the first half of the previous fiscal year to ¥2,002 million. Operating profit, however, increased 117.8%, or ¥36 million, from the previous fiscal year's ¥31 million to ¥67 million, as the Hiroshima Station South Exit Redevelopment Project and public works, which have relatively high profit margins because of their long construction periods, contributed to earnings.」

「In the construction business, revenue declined because the increase in new housing construction was offset by the reaction to construction progress on the Hiroshima City Otsuka Central Land Readjustment Project in the previous fiscal year.」

「In the construction business, revenue increased substantially as construction progressed on the Hiroshima City Otsuka Central Land Readjustment Project, despite the negative impact of declining government and private-sector construction. As a result, operating revenue for the first half of the current fiscal year increased 17.4%, or ¥376 million, from the first half of the previous fiscal year to ¥2,533 million, while operating profit decreased 61.8%, or ¥50 million, to ¥31 million.」

「In the construction business, revenue increased because construction progressed on the Hiroshima City Otsuka Central Land Readjustment Project, despite the decline in government construction. As a result, operating revenue for the first quarter of the current fiscal year increased 10.3%, or ¥109 million, from the first quarter of the previous fiscal year to ¥1,173 million. However, operating profit fell 97.4%, or ¥16 million, from ¥16 million in the first quarter of the previous fiscal year to ¥0 million, owing to higher prices for construction materials and other factors.」

「In the construction business, revenue increased as progress was made on group-related projects such as the Miyajimaguchi development project, site preparation associated with the land readjustment project in the Otsuka district of Asaminami-ku, Hiroshima, and private-sector projects for factories and logistics centers operated by other private companies.」

「In the construction business, although government construction decreased, progress on private-sector projects, including new construction of factories and logistics centers and building demolition, contributed to higher revenue. As a result, operating revenue for the first nine months of the current fiscal year increased 15.4%, or ¥515 million, from the first nine months of the previous fiscal year to ¥3,862 million, while operating profit increased 8.5%, or ¥15 million, to ¥191 million.」

「In the construction business, revenue declined because government construction work and the number of condominium units built at Nishikaze Shinto Green Fort Sorano decreased.」

「In the construction business, orders increased for group-related projects, including construction of a new head-office building for a group company, and for private-sector projects, but revenue declined because large public works such as check-dam construction and sewerage construction decreased.」

「In the construction business, revenue increased because of higher orders for group-related projects, including construction of a new head-office building for a group company, and for large public works such as check-dam construction, sewerage construction and renovation of public housing. As a result, operating revenue for the first nine months of the current fiscal year increased 6.2%, or ¥195 million, from the first nine months of the previous fiscal year to ¥3,347 million, while operating profit increased 251.7%, or ¥126 million, from ¥50 million in the first nine months of the previous fiscal year to ¥176 million.」

「Revenue in the construction business increased because orders grew for public works such as check-dam construction and sewerage construction.」

「In the construction business, revenue increased because of higher orders for group-related projects, including demolition of the Hiroden Kaikan building, reconstruction of leased stores and construction of the new etto tourist and commercial facility at Miyajimaguchi, as well as public works such as construction of the Miyajimaguchi Passenger Terminal and a check dam.」

「In the construction business, revenue increased because of higher orders for group-related projects, including demolition of the Hiroden Kaikan building, reconstruction of leased stores and construction of a new tourist and commercial facility at Miyajimaguchi, as well as public works such as construction of the Miyajimaguchi Passenger Terminal and a check dam.」

「In the construction business, revenue increased because orders for private-sector construction, including construction of buildings for the group such as demolition of the former “Hiroden Kaikan” building and rebuilding of leased retail premises, as well as hospital parking-lot construction, increased.」

「In the construction business, there were large projects in the first nine months of the previous fiscal year, including new construction of office buildings and nursing-care facilities, but revenue declined in the first nine months of the current fiscal year because the number of such large projects decreased.」

「In the construction business, there were large projects such as office buildings in the first half of the previous fiscal year, but revenue declined in the first half of the current fiscal year because the number of such large projects decreased.」

「In the construction business, revenue declined because public works for disaster-prevention measures decreased and, unlike in the first quarter of the previous fiscal year, there were no large projects such as nursing-care facilities and maintenance plants in the first quarter of the current fiscal year.」

「In the construction business, public investment is expected to increase as a result of economic policies, while reconstruction and repair work is also expected to increase as social infrastructure built during the period of rapid economic growth ages. However, the business is expected to remain in a challenging environment because of shortages of construction workers and other personnel, as well as soaring construction-material prices. In this environment, we will pursue sales activities aimed at increasing orders and profits not only for government construction but also for private-sector projects, and will work to increase revenue and secure profits.」

「We will conduct active sales activities to increase orders for public- and private-sector construction, while continuing to focus on reviewing construction costs, selling, general and administrative expenses, and other costs, with the aim of securing operating profit.」