子会社タクエーホームの業績が神奈川県における市況悪化の影響で低調だったものの、全体としては受注が増加し、売上高は4期連続で過去最高となった。利益面は増収効果に加え、建築資材価格高騰に伴う販売価格上昇、子会社の幸の国木材工業を活用した木材価格削減効果、DXによる業務効率化効果なども寄与して利益率が改善した。売上総利益は前期比14.3%増加し、売上総利益率は同1.2ポイント上昇して24.1%となった。販管費は同9.1%増加し、販管費率は同0.1ポイント上昇して20.9%となった。この結果、営業利益率は同1.1ポイント上昇して3.2%となった。営業外収益では受取手数料や受取保険金が増加し、経常利益率は同1.7ポイント上昇して3.9%となった。■Performance Trends of Lib Work＜1431＞
1. Overview of Performance for the Year Ending June 2024
For the consolidated financial results for the fiscal year ending June 2024, revenue increased by 8.8% year-on-year to 15,435 million yen, operating profit increased by 65.7% to 495 million yen, ordinary profit increased by 90.5% to 598 million yen, and net income attributable to the parent company shareholders increased by 123.3% to 387 million yen. Although revenue, operating profit, and ordinary profit fell short of the plan (initial plan disclosed on August 10, 2023 with revenue of 17,000 million yen, operating profit of 590 million yen, ordinary profit of 600 million yen, and net income attributable to parent company shareholders of 370 million yen), they still achieved an increase in revenue and significant profit growth compared to the previous period.
While the subsidiary Takue Home's performance was sluggish due to the deteriorating market conditions in Kanagawa Prefecture, overall orders increased, resulting in the highest sales revenue for four consecutive periods. On the profit side, besides the increase in revenue, factors contributing to the improved profit margin include the rise in selling prices due to the soaring construction material prices, cost reduction effects from utilizing the subsidiary Koki Mokuzai Kogyo's wood prices, and efficiency improvements from digital transformation (DX). Gross profit increased by 14.3% compared to the previous period, with gross profit margin rising by 1.2 percentage points to 24.1%. Selling and administrative expenses increased by 9.1%, leading to a 0.1 percentage point increase in the expense ratio to 20.9%. As a result, the operating profit margin increased by 1.1 percentage points to 3.2%. Non-operating income saw an increase in commission income and insurance proceeds, leading to a 1.7 percentage point increase in ordinary profit margin to 3.9%.
(Authored by FISCO guest analyst Masanobu Mizuta)
