Hope : Results of Operations for the Cumulative 3Q of the Fiscal Year Ending June 30, 2021 (FY2021)
May 25, 2021 at 04:03 am EDT
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Cumulative 3Q of the Fiscal Year Ending Jun. 30, 2021 (FY2021)
Results of Operations
Explanatory Material
Apr. 23, 2021
HOPE, INC.
[6195]
Corporate Philosophy
Providing new value to citizens through local governments,
and promoting growth of the company and its people
Copyright (C) 2021 HOPE, INC.
02
Company Overview
Company name
Established
Representative
Securities code
Employees
(consolidated)
Business
Head office
History
HOPE, INC.
Feb. 2005 (fiscal year-end: Jun.)
Takayasu Tokitsu, CEO
6195 (listed on the TSE-Mothers/FSEQ-Board on Jun. 15, 2016)
171 (as of the end of Mar. 2021, including temporary employees)
Services created specifically for local governments
(Advertising Business, Energy Business, Media Business)
MG Yakuin Building 1-14-5, Yakuin, Chuo-ku, Fukuoka, Japan
Feb. 2005
Founded
May 2020
Started Jichitai Works HAxSH
Jun. 2006
Launched SMART RESOURCE SERVICE
Aug. 2020
Announced the medium-term
Sep. 2013
Launched SMART CREATION SERVICE
Oct. 2020
management plan [HOPE NEXT 3]
"Machilet"
Established a wholly owned
Jul. 2014
Launched "Machiiro," an app that connects
Nov. 2020
subsidiary HOPE ENERGY, INC.
local governments and local residents
Developed AI for forecasting market prices
Aug. 2014
Started B-to-G marketing business
of electricity (Energy Business)
Started supplying Kai, a web conferencing tool
Jun. 2016
Listed on TSE-Mothers and FSE Q-Board
created in Japan
Dec. 2017
Issued the first edition of"Jichitai Works"
Mar. 2021
Announced participation in the private-sector
Mar. 2018
Registered as an electricity retailer
trainee program of the city of Shijonawate
and launched "GENEWAT"
in Osaka prefecture
Copyright (C) 2021 HOPE, INC.
03
Contents
Cumulative 3Q FY2021 Financial Highlights II. Topics
III. FY2021 Outlook
IV. Business Environment and Growth Strategies V. 2020 VISION
VI. Appendices
Copyright (C) 2021 HOPE, INC.
04
I. Cumulative 3Q FY2021 Financial Highlights
Application of the netting method in the energy business
Unless specified otherwise, all figures in this presentation use the netting method* that is expected to be used due to the application of the Accounting Standard for Revenue Recognition
(Accounting Standards Board of Japan Statement No. 29).
The use of this standard is required beginning with the fiscal year ending in Jun. 2022. However, because the performance of the Energy Business, which is a major component of consolidated results of operations, has a significant effect on investment decisions, both net and gross figures are shown in this presentation in order to facilitate easy comparisons with performance in prior years and to provide a thorough explanation of results of operations.
The application of the netting method will have no effect on earnings at all levels.
*With the netting method, in accordance with the renewable energy feed-in tariff system in Japan, fees received from customers (sales) and payments to the cost adjustment organization (cost of sales), which are equal to fees received, offset each other, resulting in the recognition of net revenue. Figures that do not use netting are designated in this presentation as using the gross recognition method.
Start of consolidated financial statements
Due to the establishment of HOPE ENERGY, INC., which is a wholly owned subsidiary, HOPE, INC. changed from non-consolidated to consolidated financial statements beginning with the second quarter of the fiscal year ending in Jun. 2021. As a result, this presentation has both consolidated and non-consolidated financial information.
Numbers are rounded down and percentages are rounded up or down to the first decimal place.
Copyright (C) 2021 HOPE, INC.
05
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Hope Inc. published this content on 25 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2021 08:02:05 UTC.
Hope Inc is a Japan-based company engaged in advertising, energy and media businesses. The Company operates through three business segments. Energy segment offers GENEWAT, an electricity retail service that helps local governments reduce costs. Advertising segment offers two kinds of services. The smart resource (SR) service purchases advertising space in various media such as homepages owned by local governments, public relations papers, salary statements distributed to public employees, and envelopes and sells them to private companies. The smart creation (SC) service, in the form of collaborative issuance with local governments, recruits advertisers to produce information booklets for residents and donates the booklets to local governments. Media segment utilizes the relationships with local governments cultivated in the advertising business to provide business to government (BtoG) marketing services, Jichitai Works, and Jichitai Works HA x SH information distribution platform.
HOPE, INC. 
