In the second quarter, housing sector has kept remarkable rebound, and it largely contributed to the recovery of our business.
Both new housing starts and new build GFA of non-housing have been increasing on a year-on-year comparison.
All the segments turned around to increase in revenue and earnings on a year-on-year comparison.
M&A of Sakoken, the Point System for Green Housingrelated services, insurance proceeds and application of Accounting Standard for Revenue Recognition impacted positively but temporary.
Second quarter earnings marked a record-high and we revised up the forecasts of annual earnings and dividend.
We should keep an eye on the market condition such as peaking out of housing boom as a reaction against coronavirus crisis, soaring priceof construction material, delay in MEP supplies, etc.
Consolidated financial results
2Q previous
2Q reporting
Change
fiscal year
fiscal year
(Millions of yen)
(Jun. 2020-
(Jun. 2021-
Amounts
Ratio
Nov. 2020)
Nov. 2021)
Net Sales
6,824
7,934
1,109
16.3%
Operating Profit
▲78
931
1,010
-
Operating Profit Ratio
▲1.2%
11.7％
-
-
Ordinary Profit
▲14
988
1,002
-
Ordinary Profit Ratio
▲0.2%
12.5％
-
-
Profit Attributable to
▲33
601
635
-
Owners of Parent
Profit per Share (Yen)
▲4.27
76.84
81.11
-
Consolidated financial results by segment
2Q previous
2Q reporting
Change
fiscal year
fiscal year
Segment
(Millions of yen)
Change
(Jun. 2020-
(Jun. 2021-
Amounts
Ratio
Profit
Nov. 2020)
Nov. 2021)
Building Confirmation
3,783
4,256
473
12.5%
590
565
and Inspection and its
[55.4%]
[53.6%]
related services
Housing Performance
1,769
1,969
200
11.3%
234
200
Evaluation and its
[25.9%]
[24.8%]
related services
Solution Services
518
690
172
33.2％
8
61
[7.6%]
[8.7%]
Others
754
1,017
263
35.0％
131
185
[11.1%]
[12.8%]
Net Sales Total
6,824
7,934
1,109
16.3％
964
1,011
[100.0%]
[100.0%]
Market trend
Changes in Housing/Non-housing starts (year-on-year rate)
New housing starts
Newly built houses floor space
New non-housing starts
Newly built non-houses floor space
60%
50%
40%
30%
20%
10%
0%
-10%
-20%
-30%
-40%
Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov.
2020
2021
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ERI Holdings Co. Ltd. published this content on 28 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 December 2021 06:16:07 UTC.
ERI HOLDINGS CO., LTD. is engaged in the evaluation, rating and inspection business in the construction industry. The Confirmatory and Test business involves the building certification, intermediate inspection and complete inspection businesses. The Housing Performance Evaluation and Related business involves the performance evaluation business related to housing design and construction. Solution segment is a business related to existing buildings, such as preparation of engineering reports on real estate transactions, due diligence such as legal compliance survey, inspection of existing construction and existing buildings. The Others segment involves contract works, structural calculation compatibility judgment of building, inspection and certification of conformity of housing loans, examination of housing energy-saving label, determination of seismic diagnosis and seismic retrofitting plan, technical review of low carbon buildings, among other businesses.
ERI HOLDINGS CO., LTD. 
