Made ATMOS CO., LTD., a company engaged in the dispatching and contract business of machinery design and development engineers, a subsidiary and consolidated results for 3 months.
Operating profit increased +19.0% year on year, supported by an improvement in the cost of sales ratio due to negotiations for a charge-up by COPRO-ENGINEERD.
(millions JPY)
FYE2021
FYE2022
Year-on-year
1st Half
Full-year
1st Half
Full-year
(revised forecast
(amount)
(%)
on Aug. 11)
Net sales
7,271
14,836
7,402
+130
+1.8%
16,943
Cost of sales
5,255
10,539
5,168
△87
△1.7%
11,788
Ratio to sales
72.3%
71.0%
69.8%
-
△2.5pts
69.6%
Gross profit
2,015
4,297
2,233
+218
+10.8%
5,155
Ratio to sales
27.7%
29.0%
30.2%
-
+2.5pts
30.4%
SG&A expenses
1,483
2,859
1,601
+117
+7.9%
3,500
Ratio to sales
20.4%
19.3%
21.6%
-
+1.2pts
20.7%
Operating profit
531
1,437
632
+100
+19.0%
1,655
Ratio to sales
7.3%
9.7%
8.5%
-
+1.2pts
9.8%
Ordinary profit
534
1,439
630
+96
+18.1%
1,657
Ratio to sales
7.3%
9.7%
8.5%
-
+1.2pts
9.8%
Profit attributable to owners of
404
1,009
328
△76
△18.9%
1,077
parent
Ratio to sales
5.6%
6.8%
4.4%
-
△1.2pts
6.4%
Earnings per share (JPY)
42.92
106.74
34.38
△8.54
-
112.76
Dividend per share (JPY)
10.00
37.50
10.00
-
-
40.00
The Company conducted a 2-for-1 share split on April 1, 2021. The Company assumes that the share split occurred at the beginning of the period in order to calculate earnings per share for FYE2021.
・COPRO-ENGINEERED:Gross profit increased due to stronger negotiations for charge-up, which contributed to an improvement in the cost of sales ratio.
・ATMOS:3 months' worth of earnings (June to August) were newly consolidated. Cost of sales ratio rose in the dispatching business and the contracting business due to a decrease in the number of working days and hours due to summer vacations. In addition, the contracting business posted an operating loss due to a negative contribution from gross profit due to a deterioration in profitability in the in-house product development business.
・Consolidated operating profit increased as improved earnings at COPRO-ENGINEERED offset M&A-related expenses, etc.
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Copro-Holdings Co. Ltd. published this content on 11 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2021 07:46:08 UTC.
COPRO-HOLDINGS. Co., Ltd. is a Japan-based holding company which is engaged in the management of the group and other related businesses. The Companyâs Construction Engineer Dispatch segment includes construction, civil engineering, facility, plant, computer aided design (CAD) and other business types. The construction business is engaged in management and design assistance of construction works like high-rise buildings. The civil engineering business is engaged in management and design assistance mainly on road and bridge construction. The facility business is engaged in management and design assistance of facility constructions like commercial facilities and factories. The plant business is engaged in management and design assistance of various plant constructions. The CAD business is engaged in the dispatch of CAD operators for above businesses. Other business is engaged in office work on above businesses.