My name is Koji Kato, Representative Director, President Corporate Officer.
Thank you very much for attending our financial results briefing today.
Continuing from the last time, we will explain the financial results remotely to prevent the spread of COVID-19 infection.
I would like to present the business environment, our achievements for the first half of FY2021, and our earnings forecast for FY2022.
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Regarding the business environment for the Group, in Japanese market, demand for the construction of office buildings in the Tokyo area was strong, and investment by pharmaceutical and electronic component manufacturers was also steady.
In overseas market, as uncertainty due to the impact of COVID-19 still persisted, manufacturers continued to be cautious in their capital investment.
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Under these circumstances, regarding to the performance of the H1, the orders-received fell short of the initial forecast for the whole Group as the adjustment phase of capital investment overseas in both Green Technology System and Paint Finishing System divisions still continued due to the impact of the spread of COVID-19.
Ordinary income exceeded the initial forecast by 800 million yen, as Green Technology System Division compensated for the loss in the Paint Finishing System Division.
Profit attributable to owners of parent fell slightly short of the initial forecast due to the worsening profitability of overseas subsidiaries and the increased burden of income taxes.
The details of the worsening profitability will be explained later by Mr. Nakajima, Director, Executive Corporate Officer, Chief Executive of the Administrative Management Headquarters.
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Taikisha Ltd. published this content on 16 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2021 06:15:05 UTC.
Taikisha Ltd is principally engaged in the environmental systems business and painting systems business. The Company operates in two business segments. The Environmental Systems segment offers general air-conditioning facilities for offices, schools, hotels, stores, research institutes, theaters, halls, hospitals and residential homes, as well as the industrial air-conditioning facilities for clean rooms in factories that manufacture semiconductors, electronic components, precision machinery, pharmaceuticals, foodstuffs and others. The Painting Systems segment provides the painting facilities for factories that manufacture vehicle bodies, bumpers, railway vehicles, construction vehicles and airplanes.
TAIKISHA LTD. 
