First-Year Third-Quarter Sales and Profit Performance

「売上高は150億45百万円（前年同四半期比0.2％減）となりました。利益面につきましては、売上減少に伴う売上総利益の減少及び人件費の増加等による販売費及び一般管理費の増加により、営業損失は１億31百万円（前年同四半期は営業利益36百万円）、経常損失は１億６百万円（前年同四半期は経常利益67百万円）、親会社株主に帰属する四半期純損失は１億１百万円（前年同四半期は２百万円の親会社株主に帰属する四半期純損失）となりました。」

「During the consolidated fiscal year, sales of medical consumables such as medical treatment materials remained firm in the core medical equipment sales business, supported by an increase in the number of examinations and surgeries and in the number of facilities under SPD contracts. As a result, net sales were ¥6,414.9 million, down 0.5% year on year. Operating income was ¥737 million, down 12.1% year on year, ordinary income was ¥877 million, down 3.5%, and net income attributable to owners of the parent was ¥648 million, up 5.1%.」

「During the interim consolidated period, demand for medical consumables such as medical treatment materials increased in the core medical equipment sales business as the number of examinations and surgeries rose. However, demand for capital investment by medical institutions declined from the previous year, resulting in net sales of ¥3,064.5 million, down 2.3% year on year. In terms of earnings, the decline in gross profit accompanying lower sales and higher selling, general and administrative expenses, including personnel expenses, resulted in operating income of ¥216 million, down 58.6% year on year, ordinary income of ¥297 million, down 46.1%, and interim net income attributable to owners of the parent of ¥134 million, down 60.3%.」

「During the interim consolidated period, demand for capital investment in radiation equipment and other products in the core medical equipment sales business increased from the previous year. Demand for medical consumables such as medical treatment materials also increased as the number of examinations and surgeries rose. In addition, 鹿児島オルソ・メディカル株式会社 became a consolidated subsidiary in December 2023. As a result, net sales were ¥3,136.2 million, up 8.5% year on year. In terms of earnings, higher selling, general and administrative expenses due to increased personnel expenses following wage increases implemented during the period, higher logistics costs and research and development expenses for Breast Scan, an ultrasound diagnostic imaging device under development by business subsidiary マイクロソニック株式会社, resulted in operating income of ¥522 million, down 15.6% year on year, ordinary income of ¥552 million, down 14.4%, and interim net income attributable to owners of the parent of ¥338 million, down 29.5%.」

「As a result, net sales for the consolidated fiscal year were ¥6,155.5 million, up 5.8% year on year. In terms of earnings, higher selling, general and administrative expenses resulted in operating income of ¥967 million, down 16.3% year on year, and ordinary income of ¥1,020 million, down 15.4%. Net income attributable to owners of the parent was ¥580 million, up 164.9%.」

「In the core medical equipment sales business, demand for capital investment in inspection equipment and other products increased from the previous year due to the impact of demand and other factors from the end of the previous fiscal year. Sales of medical consumables such as medical treatment materials also recovered and increased as the number of examinations and surgeries recovered. As a result, net sales for the cumulative third quarter of the current consolidated fiscal year were ¥4,537.3 million, up 8.7% year on year. In terms of earnings, higher selling, general and administrative expenses resulted in operating income of ¥830 million, down 7.3% year on year, and ordinary income of ¥871 million, down 7.0%. In addition, as the Company plans to open a new logistics center on the site of the Tosu TMS Center owned by 山下医科器械株式会社, it recorded an extraordinary loss of ¥200 million for impairment of the remaining book value of existing buildings and other assets on the site. As a result, net income attributable to owners of the parent was ¥442 million, compared with ¥1 million in the same period of the previous year.」

「Net sales for the cumulative second quarter of the current consolidated fiscal year were ¥2,889.9 million, up 4.5% year on year. In terms of earnings, the increase in gross profit from higher sales resulted in operating income of ¥618 million, up 3.5% year on year, ordinary income of ¥645 million, up 3.3%, and net income attributable to owners of the parent of ¥480 million, compared with a net loss attributable to owners of the parent of ¥201 million in the same period of the previous year.」

「Net sales for the cumulative first quarter of the current consolidated fiscal year were ¥1,402.1 million, up 4.1% year on year. In terms of earnings, higher selling, general and administrative expenses resulted in operating income of ¥196 million, down 24.4% year on year, ordinary income of ¥213 million, down 22.3%, and net income attributable to owners of the parent of ¥162 million, down 1.8%.」

「Net sales for the consolidated fiscal year were ¥5,819.5 million, up 5.5% year on year. In terms of earnings, the increase in gross profit from higher sales resulted in operating income of ¥1,156 million, up 24.2% year on year, and ordinary income of ¥1,206 million, up 20.2%. In the cumulative second quarter, the Company recorded an allowance for doubtful accounts of ¥611 million, the full amount of a receivable arising at business partner ジェミック株式会社 that was expected to be uncollectible, and recorded the same amount as a provision for allowance for doubtful accounts under extraordinary losses. As a result, net income attributable to owners of the parent was ¥219 million, down 68.5% year on year.」

「As a result, net sales for the cumulative third quarter of the current consolidated fiscal year were ¥4,172.5 million, up 2.7% year on year. In terms of earnings, the increase in gross profit accompanying higher sales resulted in operating income of ¥895 million, up 5.0% year on year, and ordinary income of ¥936 million, up 3.2%. In the cumulative second quarter, the Company recorded an allowance for doubtful accounts of ¥611 million, the full amount of a receivable arising at business partner ジェミック株式会社 that was expected to be uncollectible, and recorded the same amount as a provision for allowance for doubtful accounts under extraordinary losses. As a result, net income attributable to owners of the parent was ¥1 million, down 99.8% year on year.」

「Net sales for the cumulative second quarter of the current consolidated fiscal year were ¥2,766.1 million, up 1.2% year on year. In terms of earnings, higher selling, general and administrative expenses resulted in operating income of ¥598 million, down 9.9% year on year, and ordinary income of ¥624 million, down 10.9%. In addition, the Company recorded an allowance for doubtful accounts of ¥611 million, the full amount of a receivable arising at business partner ジェミック株式会社 that was expected to be uncollectible, and recorded the same amount as a provision for allowance for doubtful accounts under extraordinary losses. As a result, the net loss attributable to owners of the parent was ¥201 million, compared with net income attributable to owners of the parent of ¥471 million in the same period of the previous year.」

「As a result, net sales for the cumulative first quarter of the current consolidated fiscal year were ¥1,347.1 million, up 4.5% year on year. In terms of earnings, the increase in gross profit from higher sales resulted in operating income of ¥259 million, up 28.5% year on year, ordinary income of ¥274 million, up 24.3%, and net income attributable to owners of the parent of ¥165 million, up 14.5%.」

「As a result, net sales for the cumulative third quarter of the current consolidated fiscal year were ¥4,063.6 million, compared with ¥4,978.3 million in the same quarter of the previous year. In terms of earnings, the increase in gross profit accompanying higher sales resulted in operating income of ¥852 million, up 26.0% year on year, ordinary income of ¥907 million, up 25.3%, and net income attributable to owners of the parent of ¥592 million, up 19.2%.」

「As a result, net sales for the cumulative second quarter of the current consolidated fiscal year were ¥2,733.5 million, compared with ¥3,250.2 million in the same quarter of the previous year. In terms of earnings, the increase in gross profit from higher sales resulted in operating income of ¥663 million, up 55.2% year on year, ordinary income of ¥701 million, up 52.3%, and net income attributable to owners of the parent of ¥471 million, up 52.9%.」

「As a result, net sales for the cumulative first quarter of the current consolidated fiscal year were ¥1,288.5 million, compared with ¥1,552.8 million in the same quarter of the previous year. In terms of earnings, the increase in gross profit from higher sales resulted in operating income of ¥202 million, up 206.3% year on year, ordinary income of ¥221 million, up 165.9%, and net income attributable to owners of the parent of ¥144 million, up 184.3%.」

「As a result, net sales for the consolidated fiscal year were ¥7,013.1 million, up 8.5% year on year. In terms of earnings, the increase in gross profit from higher sales resulted in operating income of ¥968 million, up 72.8% year on year, ordinary income of ¥1,026 million, up 59.7%, and net income attributable to owners of the parent of ¥678 million, up 47.6%.」

「As a result, net sales for the cumulative third quarter of the current consolidated fiscal year were ¥4,978.3 million, up 3.8% year on year. In terms of earnings, the increase in gross profit accompanying higher sales resulted in operating income of ¥676 million, up 48.6% year on year, ordinary income of ¥724 million, up 38.7%, and net income attributable to owners of the parent of ¥496 million, up 24.7%.」

「As a result, net sales for the cumulative second quarter of the current consolidated fiscal year were ¥3,250.2 million, down 1.8% year on year. In terms of earnings, higher selling, general and administrative expenses, including facility management costs, resulted in operating income of ¥427 million, down 19.9% year on year, ordinary income of ¥460 million, down 21.0%, and net income attributable to owners of the parent of ¥308 million, down 25.4%.」

「As a result, net sales for the cumulative first quarter of the current consolidated fiscal year were ¥1,552.8 million, down 2.8% year on year. In terms of earnings, higher selling, general and administrative expenses, including facility management costs, resulted in operating income of ¥66 million, down 35.2% year on year, ordinary income of ¥83 million, down 34.3%, and net income attributable to owners of the parent of ¥50 million, down 41.3%.」

「As a result, net sales for the consolidated fiscal year were ¥6,465.8 million, up 5.1% year on year, despite a decline in sales in the fourth quarter due to the impact of COVID-19. In terms of earnings, although selling expenses for the new business and increased costs such as consumables for infection-control measures weighed on results, the increase in gross profit from higher sales resulted in operating income of ¥560 million, up 7.3% year on year, ordinary income of ¥642 million, up 4.1%, and net income attributable to owners of the parent of ¥459 million, up 218.3%.」

「Net sales for the cumulative third quarter of the fiscal year were ¥4,794.6 million, up 8.1% year on year. In terms of earnings, the increase in gross profit accompanying higher sales offset higher selling expenses for entering new businesses and other expenses associated with upfront investments. Operating income was ¥455 million, up 112.5% year on year, and ordinary income was ¥522 million, up 82.5%. In addition, the Company recorded ¥34 million in extraordinary income, including gains on the receipt of contingent consideration. As a result, net income attributable to owners of the parent was ¥398 million, up 178.7% year on year.」

「当第２四半期連結累計期間における売上高は、330億92百万円（前年同四半期比12.6％増）となりました。利益面につきましては、売上増加に伴う売上総利益の増加により営業利益は５億33百万円（前年同四半期比229.4％増）、経常利益は５億82百万円（前年同四半期比188.2％増）、親会社株主に帰属する四半期純利益は４億13百万円（前年同四半期比375.6％増）となりました。」

「As a result, revenue for the three-month period of the current first-quarter consolidated cumulative period was ¥1,598.0 million, up 11.9% year on year. Higher gross profit from increased sales and lower selling, general and administrative expenses, including consumables and payment commissions, resulted in operating income of ¥101 million, compared with an operating loss of ¥29 million in the same period of the previous year, ordinary income of ¥126 million, compared with an ordinary loss of ¥11 million, and quarterly net income attributable to owners of the parent of ¥86 million, compared with a quarterly net loss attributable to owners of the parent of ¥63 million.」

「As a result, revenue for the consolidated fiscal year was ¥6,153.3 million, up 4.8% year on year. Operating income was ¥522 million, up 39.9%, ordinary income was ¥617 million, up 37.3%, and net income attributable to owners of the parent was ¥144 million, down 34.5%.」

「As a result, revenue for the nine-month period of the current third-quarter consolidated cumulative period was ¥4,437.4 million, up 6.8% year on year. Higher gross profit from increased sales and lower selling, general and administrative expenses due to improved logistics efficiency resulted in operating income of ¥214 million, compared with an operating loss of ¥45 million in the same period of the previous year, ordinary income of ¥286 million, up 1,966.6%, and quarterly net income attributable to owners of the parent of ¥143 million, compared with a quarterly net loss attributable to owners of the parent of ¥57 million in the same period of the previous year.」

「As a result, revenue for the six-month period of the current second-quarter consolidated cumulative period was ¥2,938.7 million, up 6.4% year on year. Higher gross profit from increased sales and lower selling, general and administrative expenses due to improved logistics efficiency resulted in operating income of ¥161 million, compared with an operating loss of ¥36 million in the same period of the previous year, ordinary income of ¥202 million, up 1,397.8%, and quarterly net income attributable to owners of the parent of ¥87 million, up 350.1%.」

「As a result, revenue for the three-month period of the current first-quarter consolidated cumulative period was ¥1,427.6 million. Selling, general and administrative expenses were broadly in line with the previous year. Operating loss was ¥29 million and ordinary loss was ¥11 million. After recognizing a ¥24 million loss on the sale of securities as an extraordinary loss and ¥27 million in tax expense, quarterly net loss attributable to owners of the parent was ¥63 million.」

「As a result, revenue for the consolidated fiscal year was ¥5,869.2 million. Operating income was ¥373 million, ordinary income was ¥449 million, and net income attributable to owners of the parent was ¥220 million.」

「As a result, revenue for the nine months ended the third quarter of the current consolidated fiscal year was ¥4,155.2 million. In terms of profit, although gross profit remained firm, selling, general and administrative expenses increased due to higher logistics costs following freight-rate increases by logistics companies and higher lease costs, resulting in an operating loss of ¥45 million and ordinary income of ¥13 million.」