Notice Regarding Differences between Financial Forecasts and Actual Results for the First Half of the Fiscal Year Ending March 31, 2022
November 11, 2021 at 03:21 am EST
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Disclaimer: This document is an English translation of the Japanese original which is filed with the Tokyo Stock Exchange and is only for reference purposes. In case of any discrepancy between this translation and the Japanese original, the latter shall prevail.
November 11, 2021
To Whom It May Concern
Company name:
HAZAMA ANDO CORPORATION
Representative:
Representative Director and President
Masato Fukutomi
Tokyo Stock Exchange First Section Securities Code: 1719
Contact:
General Manager,
Toshihisa Kino
Corporate Communications Department
Phone: +81-3-6234-3699
Notice Regarding Differences between Financial Forecasts and Actual Results
for the First Half of the Fiscal Year Ending March 31, 2022
HAZAMA ANDO CORPORATION hereby provides details of differences between financial forecasts announced on May 12, 2021 and actual results for the first half (the six-month period from April 1, 2021 to September 30, 2021) of the fiscal year ending March 31, 2022. Brief details are provided as follows.
1. The first half (April 1, 2021 to September 30, 2021) of the fiscal year ending March 31, 2022 Differences between consolidated financial forecasts and actual results
Profit
Net profit
Net sales
Operating
Ordinary
attributable to
per share
profit
profit
owners of
(Yen)
parent
Previous forecast (A)
157,000
8,500
7,600
5,100
27.34
Actual results (B)
158,902
12,440
11,999
8,105
44.30
Difference (B - A)
1,902
3,940
4,399
3,005
Percentage change (%)
1.2
46.4
57.9
58.9
(Reference) Previous 1H results
181,099
13,856
12,654
8,557
44.33
1H of the fiscal year ended
March 31, 2021
2. The first half (April 1, 2021 to September 30, 2021) of the fiscal year ending March 31, 2022 Differences between non-consolidated financial forecasts and actual results
Profit
Net profit
Operating
Ordinary
attributable to
Net sales
per share
profit
profit
owners of
(Yen)
parent
Previous forecast (A)
147,000
7,900
7,300
5,000
26.81
Actual results (B)
148,510
11,185
11,038
7,546
41.25
Difference (B - A)
1,510
3,285
3,738
2,546
Percentage change (%)
1.0
41.6
51.2
50.9
(Reference) Previous 1H results
170,617
13,447
12,454
8,495
44.01
1H of the fiscal year ended
March 31, 2021
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3. Reasons for the difference actual results
Non-consolidatedresults
Increases in operating profit, ordinary profit, and profit attributable to owners of parent were mainly due to the increase in gross profit on completed construction contracts as a result of higher profit margins in domestic building construction.
Consolidated results
Largely due to differences in non-consolidated results
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Hazama Ando Corp. 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 05:26:08 UTC.
Hazama Ando Corp is mainly engaged in the construction business. The Company operates through three business segments. The Civil engineering segment is involved in the provision of general civil work both domestic and overseas. The Construction segment is involved in the provision of general construction work and architectural project both domestic and overseas. The Group segment is engaged in the sales and leasing of construction materials, construction of civil engineering work and construction work. The Company is also engaged in the entrusted survey and research services.