Support for Implementation by Builders and Construction Companies through the IT Introduction Subsidy

「Although sales had recently been driven by the IT Introduction Subsidy, changes to the program reduced the number of selected projects, and its contribution to sales was limited in the current fiscal year.」

「The addition of the digitalization infrastructure implementation category to the IT Introduction Subsidy reduced the selection rate, while sluggish product sales resulted in lower revenue and profit year on year.」

「The selection rate declined following the addition of the digitalization infrastructure implementation category to the IT Introduction Subsidy, and product sales remained sluggish, resulting in lower revenue year on year.」

「Software revenue increased by ¥657 million year on year to ¥7,975 million. This was mainly due to the effects of the IT Introduction Subsidy implemented by the Ministry of Economy, Trade and Industry.」

「In the surveying and civil engineering systems business, performance remained firm, particularly in the civil engineering and construction infrastructure businesses, supported by the spread of i-Construction, government measures related to promoting BIM/CIM, and sales support from the IT Introduction Subsidy and other programs. Performance in the segment increased in both revenue and profit year on year.」

「The housing business reported higher revenue and higher profit year on year, supported by increased sales of options related to energy efficiency following the revision of the Building Energy Efficiency Act and by sales supported by the IT Introduction Subsidy Program.」

「The housing business reported higher revenue and higher profit year on year, supported by increased sales of options related to energy efficiency following the revision of the Building Energy Efficiency Act and by sales supported by the IT Introduction Subsidy Program.」

「Meanwhile, approvals under the IT Introduction Subsidy and the spread of i-Construction, which had supported the Group's business performance, continued to contribute to performance.」

「In the third-quarter consolidated accounting period, sales remained higher year on year, supported by sales of the housing business's main products following selections under the IT Introduction Subsidy.」

「In the first-quarter consolidated accounting period, growth in performance was limited due to the spread of COVID-19, but in the second-quarter consolidated accounting period, sales, particularly of the housing business's main products, were supported by selections under the IT Introduction Subsidy, and performance remained broadly flat year on year.」

「The spread of i-Construction to improve productivity at construction sites and approval under the IT Introduction Subsidy during the second-quarter consolidated accounting period supported sales, and performance remained firm across all businesses in the segment. During the third-quarter consolidated accounting period, revenue declined slightly from the same period of the previous fiscal year due in part to a reactionary decline in sales following subsidy approvals. However, for the nine-month consolidated cumulative period, revenue and profit increased year on year and performance remained firm.」

「In the housing business, whose main products are design CAD systems related to wooden housing, the IT Introduction Subsidy provided a tailwind, and revenue remained slightly higher year on year.」

「In the housing business, whose main products are design CAD systems for wooden housing, active support for builders implementing the IT Introduction Subsidy under the fiscal 2018 budget resulted in 596 projects being selected, boosting both annual revenue and profit.」

「On a third-quarter accounting-period basis, government support, including the IT Introduction Subsidy Program and government-led ZEH policies, supported adoption of the Company's products. Sales of architectural CAD software increased substantially, resulting in higher revenue and higher profit compared with the same period of the previous fiscal year.」

「In the first half of the fiscal year, the architectural CAD business was affected by a year-on-year decline in new housing starts and a reduction in the IT Introduction Subsidy, among other factors, and recorded revenue of ¥2,651 million, down 2.3% year on year.」

「Although the Ministry of Economy, Trade and Industry's IT Introduction Subsidy continued, the subsidy per project was half the amount provided in the previous fiscal year.」

「In addition, under the second application round of the IT Introduction Subsidy implemented under the supplementary budget for fiscal 2016, we provided implementation support to builders and construction companies as an IT implementation support provider, which boosted sales in the third quarter.」

「Despite these market conditions, the sales effects of the IT Introduction Subsidy program implemented by the Ministry of Economy, Trade and Industry continued to be seen, and our group's architectural CAD business posted sales above those of the same period of the previous year.」

「In addition, under the IT Introduction Subsidy program implemented by the Ministry of Economy, Trade and Industry, we actively supported the preparation of productivity improvement plans as an IT implementation support vendor and made a broad range of implementation proposals. The program produced a high selection rate, and our sales approach, which addressed customers' management issues in depth, led to many new implementations.」

「Under the IT Introduction Subsidy implemented under the supplementary budget for fiscal 2016, we provided implementation support to builders and construction companies as an IT implementation support provider, which boosted sales in March.」