Secom Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2020
April 03, 2020 at 11:30 am EDT
Share
SECOM CO., LTD. reported consolidated and Non-consolidated earnings results for the year ended March 31, 2020. For the full year, on a consolidated basis, the company reported revenue of JPY 1,013,823 million compared to JPY 970,624 million a year ago. Operating profit was JPY 130,213 million compared to JPY 135,448 million a year ago. Net income was JPY 104,766 million compared to JPY 98,748 million a year ago.
For the full year, on a non-consolidated basis, the company reported revenue of JPY 394,181 million compared to JPY 387,881 million a year ago. Operating profit was JPY 76,833 million compared to JPY 78,168 million a year ago. Net income was JPY 74,016 million compared to JPY 67,692 million a year ago.
Secom Co., Ltd. is No. 1 in Japan of safety services. Net sales break down by activity as follows:
- safety services (49.1%): installation and maintenance of electronic safety systems (primarily buildings access control systems, explosive control systems, electronic equipments of possessions and persons identification, anti-intrusion alarms), VIP protection, funds and valuable objects transportation, etc.;
- medical services (15.8%): home care services, medicines delivery services, sale of medical equipments, etc.;
- sale, installation and maintenance of protection against fire systems (12.4%);
- business process outsourcing and ICT services (10.3%) ;
- insurance services (5.3%): fire, automotive and health insurance;
- geospatial data broadcasting (4.7%);
- development and promotion of real estate assets (2.4%): primarily residential buildings with advanced safety systems.
Japan accounts for 96.1% of net sales.