- As the favorable business environment continued, the number of contracts and sales increased steadily.
- Gross margins improved significantly due to the expansion of productivity improvements, driven by an increase in the maintenance contracts and the number of new graduate technical personnel, and also due to higher unit price at modernization business.
- The operating profit margin before goodwill amortization was a record-breaking 19.1%, a significant improvement of 1.9 percentage points compared to the same period last year.
(millions of yen, yen, %)
|
3 months ended |
3 months ended |
YoY change |
||||
|
June 2024 |
June 2025 |
|||||
|
Amount |
% of sales |
Amount |
% of sales |
Amount |
% |
|
|
Net sales |
11,544 |
100.0 |
13,433 |
100.0 |
1,888 |
16.4 |
|
Operating profit |
1,924 |
16.7 |
2,505 |
18.6 |
581 |
30.2 |
|
Ordinary profit |
1,945 |
16.9 |
2,513 |
18.7 |
567 |
29.2 |
|
Profit attributable to owners of parent |
1,256 |
10.9 |
1,608 |
12.0 |
352 |
28.0 |
|
(Depreciation) |
370 |
3.2 |
355 |
2.6 |
-14 |
-4.0 |
|
(Amortization of goodwill) |
66 |
0.6 |
67 |
0.5 |
0 |
0.4 |
|
OP before amortization |
1,990 |
17.2 |
2,572 |
19.1 |
581 |
29.2 |
|
EPS |
14.11 |
-- |
18.06 |
-- |
3.95 |
28.0 |
- Steady growth in maintenance sales continued in line with the increase in maintenance contracts.
- Repair sales continued to grow at a faster pace than the growth in the maintenance contracts, due to aggressive sales activities.
- Modernization sales continued to grow by around 20% due to an increase in the number of units and a healthy unit price increases.
(millions of yen, yen, %)
|
3 months ended |
3 months ended |
YoY change |
||||
|
June 2024 |
June 2025 |
|||||
|
Amount |
% of sales |
Amount |
% of sales |
Amount |
% |
|
|
Maintenance & Repair |
7,269 |
63.0 |
8,315 |
61.9 |
1,046 |
14.4 |
|
Modernization |
3,887 |
33.7 |
4,791 |
35.7 |
904 |
23.3 |
|
Other |
387 |
3.4 |
326 |
2.4 |
-61 |
-15.9 |
|
Total |
11,544 |
100.0 |
13,433 |
100.0 |
1,888 |
16.4 |
- The number of domestic maintenance contracts was 118,070. Net increase was 4,550 units, all organic. We made a good start toward our goal of beating the previous year’s net increases.
- Robust modernization shipments continued, and steady progress has been made against the annual plan, partly thanks to the contribution of JIK.
- The number of offices increased by two to 150 (as of August 1). Kitakyushu and Okinawa sales offices were opened on July 1 to strengthen the operation in the Kyushu and Okinawa regions.
- The number of employees has increased by 171, mainly technical personnel, and including 153 new graduates.
(units,person)
|
FY Ended March 2022 |
FY Ended March 2023 |
FY Ended March 2024 |
FY Ended March 2025 |
3 months ended June 2025 |
||
|
Actual |
Actual |
Actual |
Actual |
Actual |
（Change YtD) |
|
|
Maintenance contracts |
79,000 |
88,630 |
100,230 |
113,520 |
118,070 |
+ 4,550 |
|
Modernization (cumlative) |
1,150 |
1,530 |
1,930 |
2,230 |
620 |
+ 90 |
|
Parking equipment |
18,830 |
22,050 |
24,660 |
26,740 |
26,930 |
+ 190 |
|
No. of offices |
124 |
132 |
138 |
148 |
149 |
+ 1 |
|
No. of Employees Technical personnel Sales personnel |
1,618 1,003 195 |
1,766 1,096 218 |
1,868 1,159 248 |
2,028 1,271 272 |
2,199 1,424 271 |
+171 +153 -1 |