Despite a decline in revenue in the first quarter, RS security contributed to sales from receiving orders, such as large-scale event business and hotel security.
On the 13th, RSC Co., Ltd. <4664> released consolidated financial results for the first quarter of the 2025 fiscal year (April-June 24) with revenue of 1.941 billion yen, down 12.8% YoY, operating profit of 0.074 billion yen, down 47.9% YoY, ordinary profit of 0.077 billion yen, down 48.9% YoY, and net profit attributable to the parent company's shareholders for the quarter decreased by 55.1% YoY to 0.047 billion yen. Revenue from the building comprehensive management service business decreased by 15.4% YoY to 1.693 billion yen, and segment profit decreased by the same 2.
Asics announced a share buyback on August 13th, among others.
The following stocks announced the establishment of a stock buyback program on August 13th: <7936>ASICS, 10 million shares (1.4%), 20 billion yen (August 14th, 2024 to October 31st, 2024); <9435>Hikari Tsushin, 0.5 million shares (1.1%), 10 billion yen (August 14th, 2024 to November 30th, 2024); <8705>Nissan Securities Group, 6 million shares (10.0%), 1.32 billion 20 million yen (August 14th, 2024 to August 14th, 2024); <21>.
Japan Reliance Service: March 2025 Quarter 1 Financial Results Announcement [Japan Standards] (Consolidated)
Japan Reliance Service 1Q Net Y47.00M Vs Net Y104.00M
Japan Reliance Service Sees 1H Net Y63.00M
RSI Research Memo (10): Establishing Sustainability Basic Policies and Identifying Materiality (Key Issues)
RSI <4664> prioritizes the relationship with "people" and "regions", and aims to contribute to the improvement of corporate value and regional development by providing services that are trusted by customers. At the same time, we establish a sustainability policy, which includes: 1) thorough business activities and compliance with laws based on customers' trust, 2) promotion of human capital management and diversity, 3) proactive involvement in the local community, 4) knowledge storage through DX.
RSSEA Research Memo (8): Although revenue is expected to increase in March 2025, there is a forecast for reduced profit due to human investment for the future.
Performance Outlook: 1. For the consolidated performance forecast of RSC Co., Ltd. (4664) for the fiscal year ending March 2025, it is expected that revenue will increase by 0.1% from the previous year to 810.3 million yen, operating profit will decrease by 46.5% to 152 million yen, ordinary profit will decrease by 49.3% to 152 million yen, and net income attributable to parent company shareholders will decrease by 67.7% to 79 million yen, with an expected increase in revenue and a decrease in profits. One of the reasons for the increase in revenue is a spot equipment installation (primarily by Yuto Shoko) that exceeded the previous year's results.
RSI Research Memo (7): Commenced security operations utilizing AI security system in partnership with Azira.
From November 9th, 2023, RSC <4664> and its business partner, Ajira, have started a demonstration experiment of facility security using the AI security system "AI Security asilla" at "Sunshine City". Using behavior recognition AI, "asilla" instantly analyzes the behavior of people from security camera footage and sends notifications, enabling rapid response to suspicious behavior and incidents such as falls. Immediate action can be taken in the event of an accident.
RSI Research Memo (6): Significant increase in revenue and profit beyond the second upward revision of financial estimates for the March 2024 period.
■ Summary of Settlement 1. Business Results Overview For the consolidated performance of RSC <4664> for the fiscal year ending March 2024, revenue increased by 34.3% compared to the previous fiscal year to JPY 8,097 million, operating profit increased by 48.5% to JPY 284 million, ordinary profit increased by 51.2% to JPY 300 million, and net income attributable to the parent company's shareholders increased significantly by 91.4% to JPY 245 million, exceeding the second increase in financial estimates. Revenue increased significantly, with Toyoa Shokko, which was newly integrated into the group, contributing to PMI.
RSI Research Memo (5): Revenue is steadily increasing centered around core facilities. Achieving steady profit growth through improving profitability.
Looking back at the performance of RSC <4664>, revenue has been steadily increasing centered around their core contract facilities. While this could also be seen as a lack of growth potential, the company has focused on improving profitability rather than top-line growth in recent years and has also been constrained by internal resources due to the labor-intensive nature of their business. In terms of profits, they have secured new orders in the fiscal year ending in March 2017.
RS Sea Research Memo (4): Differentiating with One-Stop Solutions and Introduction of New Technologies by Comprehensive Capabilities.
Special features of the company (1) Providing one-stop solutions for security, cleaning, maintenance and construction, as well as a wide range of services for facilities and office/tenant residences such as reception and event operation. This is particularly a major differentiation factor when handling large-scale complex facilities. For customers, it is much more efficient than managing each service separately, and for RCS<4664>, it is beneficial for facility management.
RSI Research Memo (2): In addition to building management operations such as 'Sunshine City', we also provide human resources services.
RSI's business overview has two business segments: "Building comprehensive management services" and "Human resources services", with "Building comprehensive management services" accounting for about 90% of revenue. The outlines of each business are as follows: (1) Building comprehensive management services provides security and cleaning, office services (such as reception), and facility management for various buildings such as government and private company offices, stores, hotels, hospitals, etc. "Sunshi"
Japan Reliance Service: Securities report - 54th period (April 1, 2023 - March 31, 2024)
Japan Reliance Service: Confirmatory letter.
Japan Reliance Service: Interim report
Japan Reliance Service: Announcements of individual stocks regarding financial information of unlisted parent companies.
RSI - Signs Business Partnership with Webno.
On the 3rd, RS Co., Ltd. <4664> announced that it has entered into a business partnership agreement with Webuno. Webuno is developing and providing a security guard platform based on its IT and DX efforts. RS Co., Ltd. is committed to sustainability under its "Active involvement in local communities" program, and is working to contribute to the sustainable development of the region with a focus on creating a safe and secure community in the Ikebukuro area. In this business partnership, the two companies will collaborate for the next 50 years mainly in the Ikebukuro area.
RSC---Start security work at Sunshine City Prince Hotel
RSC (4664) announced on the 13th that it has been entrusted with security work for the Sunshine City Prince Hotel by Seibu SCCAT and that operations will commence on 2024/4/1. The Sunshine City Prince Hotel is a facility integrated with “Sunshine City” in Ikebukuro, which is guarded by the company, and is promoting the creation of an environment that can always be used safely and securely while an unspecified number of people, mainly tourists, enter and leave. With the start of business this time, we are once again participating in the hotel industry's security
RSC --- 2-digit increase in sales and profit for the fiscal year ended March 24, and the comprehensive building management service business increased sales and profit by 2 digits
RSC (4664) announced consolidated financial results for the fiscal year ending 2024/3 on the 13th. Net sales increased 34.3% from the previous fiscal year to 8,097 billion yen, operating profit increased 48.5% to 284 million yen, ordinary profit increased 51.2% to 300 million yen, and net income attributable to parent company shareholders increased 91.4% to 245 million yen. Sales of the comprehensive building management service business increased 43.5% from the previous fiscal year to 7.179 billion yen, and segment profit increased 20.9% from the same period to 672 million yen. scavenging
JAPAN RELIANCE SERVICE: Summary of Financial Results for the Fiscal Year Ending March 31, 2024 [Japanese GAAP] (Consolidated)
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