Two core businesses: product sales and construction

「空調機器、制御機器、設備機器を中心に、機器販売及び保守サービスを展開しております。」

「The Group comprises the company and 16 subsidiaries. Through its product sales business, it sells equipment, mainly air-conditioning, control and other facility equipment, and provides maintenance and spot maintenance services for equipment sold. Through its construction business, it designs and constructs instrumentation, piping and various other types of construction, including the sale of control systems and other equipment associated with construction, and provides maintenance and spot maintenance services for completed construction work.」

「There were no material changes in the businesses conducted by the Group (the Company and its affiliates) during the current interim consolidated accounting period. There were also no changes among the principal affiliates.」

「There were no material changes to the nature of the businesses conducted by our group, comprising the Company and its affiliates, during the third quarter of the current consolidated cumulative period. There were also no changes involving major affiliates.」

「In the product sales business, we sell equipment, primarily air-conditioning equipment, control equipment and other building equipment, and provide spot maintenance and maintenance services for the equipment sold. In the construction business, we design and execute instrumentation, piping and other types of construction work, and provide spot maintenance and maintenance services for completed construction work.」

「There were no material changes to the nature of the businesses conducted by our group, comprising the Company and its affiliates, during the third quarter of the current consolidated cumulative period. There were also no changes involving major affiliates.」

「There were no material changes to the nature of the businesses conducted by our group, comprising the Company and its affiliates, during the second quarter of the current consolidated cumulative period. There were also no changes involving major affiliates.」

「In the product sales business, we sell equipment, primarily air-conditioning equipment, control equipment and other building equipment, and provide spot maintenance and maintenance services for the equipment sold. In the construction business, we design and execute instrumentation, piping and other types of construction work, and provide spot maintenance and maintenance services for completed construction work.」

「There were no material changes in the businesses operated by the Group, comprising the company and its affiliates, during the cumulative first quarter under review. However, the descriptions in the securities report for the previous consolidated fiscal year have been revised to clarify the relationship between the businesses operated and the segments.」

「The Group determines its business segments primarily by comprehensively considering the nature of the markets, products and services, and reports 2 segments: product sales and construction.」

「As the quantitative materiality of the solar power generation business declined from the previous consolidated fiscal year, the method of including it in Other was adopted.」

「As the quantitative materiality of the solar power generation business declined from the previous consolidated fiscal year, the method of including it in Other was adopted.」

「During the fourth quarter of the consolidated fiscal year, all equity interests in K.P. Energy GK, which operated the solar power generation business, were transferred. The company was excluded from the scope of consolidation using 31 December 2019 as the deemed disposal date, and solar power generation, previously a reportable segment, was excluded from the reportable segments from the current consolidated fiscal year.」

「The product sales business procures and sells equipment, mainly air-conditioning, control and energy-saving equipment, and provides related installation work and after-sales services. The construction business designs, constructs and maintains instrumentation and various other types of construction. The solar power generation business sells electricity generated by solar power to electric power companies.」

「The product sales business procures and sells equipment, mainly air-conditioning, control and energy-saving equipment, and provides related installation work and after-sales services. The construction business designs, constructs and maintains instrumentation and various other types of construction. The solar power generation business sells electricity generated by solar power to electric power companies.」

「In connection with this transfer of equity interests, the reportable segments formerly comprising product sales, construction and solar power generation will change from 3 segments to product sales and construction from the following consolidated fiscal year.」

「The product sales business procures and sells equipment, mainly air-conditioning, control and energy-saving equipment, and provides related installation work and after-sales services. The construction business designs, constructs and maintains instrumentation and various other types of construction. The solar power generation business sells electricity generated by solar power to electric power companies.」

「The product sales business procures and sells equipment, mainly air-conditioning, control and energy-saving equipment, and provides related installation work and after-sales services. The construction business designs, constructs and maintains instrumentation and various other types of construction. The solar power generation business sells electricity generated by solar power to electric power companies.」

「Operating results by segment are as follows. <Product sales business> ... <Construction business> ... <Solar power generation business> ...」

「The Group determines its business segments primarily by comprehensively considering the nature of the markets, products and services, and reports 3 segments: product sales, construction and solar power generation.」

「The results by principal business are as follows. (Product sales business) ... (Construction business) ... (Solar power generation business) ...」

「As K.P. Energy GK, which operates the solar power generation business, became a consolidated subsidiary from the previous consolidated fiscal year, the method of classifying business segments was reviewed. The former product sales and construction segments were joined by solar power generation, resulting in 3 reportable segments.」

「As K.P. Energy GK, which operates the solar power generation business, became a consolidated subsidiary from the previous consolidated fiscal year, the method of classifying business segments was reviewed. The former product sales and construction segments were joined by solar power generation, resulting in 3 reportable segments.」

「The Group, comprising the company and 8 subsidiaries, is principally engaged in the procurement and sale of air-conditioning, energy-saving and control equipment, related installation work and after-sales services through its product sales business; the design, construction and maintenance of instrumentation and other types of construction through its construction business; and the sale of electricity generated at its solar power generation facilities through its solar power generation business.」

「[Product sales business] The product sales business procures and sells air-conditioning, energy-saving and control equipment, as well as providing related installation work and after-sales services. [Construction business] The construction business mainly designs, installs and maintains instrumentation systems and various other types of construction.」

「[Product sales business] The product sales business sells equipment, mainly air-conditioning, control and energy-saving equipment. Net sales were ¥27,191 million, up 8.6% year on year, and gross profit was ¥5,358 million, up 18.1%. [Construction business] The construction business mainly designs and installs instrumentation systems and provides maintenance and after-sales services for air-conditioning and other equipment. Net sales were ¥9,968 million, up 17.1% year on year, and gross profit was ¥2,901 million, up 39.1%.」

「In the product sales business, we purchase and sell air-conditioning equipment, energy-saving equipment and control equipment, as well as carrying out related installation work and providing after-sales services. In the construction business, we mainly design, execute and maintain instrumentation and other types of construction work.」

「The Group's two core businesses are the product sales business, centered on the sale of commercial air-conditioning equipment, and the construction business, centered on instrumentation work,」