Summary
Q3 results catch up on roughly a same earnings of theyear-earlier period◼

◼
◼

◼

◼

◼

◼

New construction starts shrunk and the number of Building Confirmation
have been decreasing.
Sales increase largely by M&As and expanding energy-saving labeling.
Second half weighted revenue recognition cyclicality is growing and earnings
catch up with the year-earlier level.

In Building Confirmation and Inspection and its related services, both revenue
and earnings decrease due to a slow down of applications.
In Housing Performance Evaluation and its related services, both revenue andearnings increase largely due to brisk residential complex construction.

In Solution services, revenue increased but earnings decreased largely due toa cyclicality of revenue recognition.
In Others, both revenue and earnings increased due to a steady growth ofenergy-saving labeling (BELS).

Consolidated financial results
3Q Previous
fiscal year

3Q Reporting
fiscal year

(Jun. 2022–Feb. 2023)(Jun. 2023–Feb. 2024)

Net Sales

12,73913,278539

4.2%

Operating Profit

1,542

1,504

▲37

▲2.4%

Operating Profit Ratio

12.1％

11.3％--Ordinary Profit

1,552

1,528

▲24▲1.6%

Ordinary Profit Ratio

12.2％

11.5％

--

Profit Attributable toOwners of Parent

950938▲12▲1.3%

Profit per Share (Yen)

122.41121.65

▲0.76

▲0.6%

(Millions of yen)

ChangeAmounts

Ratio

Consolidated financial results by segment(Millions of yen)

3Q Previous 3Q Reporting
fiscal year
fiscal year

ChangeSegment
ProfitChange(Jun. 2022 –Feb. 2023)(Jun. 2023–Feb. 2024)

Amounts

Ratio

Building Confirmation
and Inspection and its
related services

6,774[53.2%]

6,570[49.5%]▲203▲3.0％709▲173

Housing Performance
Evaluation and its
related services

2,756[21.6%]

2,778[20.9%]

210.8％

364

18

Solution Services

1,396[11.0%]

1,810[13.6%]

414

29.7％

▲6▲43Others

1,811[14.2%]

2,119[16.0%]

307

17.0％

486

160

Net Sales Total

12,739[100.0%]13,278[100.0%]

539

4.2％

1,554

▲37

Main operating figures | Consolidated
3Q Previous
fiscal year

Segment

Business(Jun. 2022 – Feb.
2023)

Cases
Building
Confirmation
andInspection
and its
relatedservices

HousingPerformance
Evaluationand itsrelated
servicesAmounts

3Q Reporting
fiscal year

(Jun. 2023 – Feb.
2024)

(Millions ofYen)

Cases

Amounts

Change(Millions ofYen)

Cases

Amounts(Millions ofYen)

Building Confirmations

59,821

2,855

54,946

2,639▲4,875▲215

Final Inspections

55,0472,466

53,461

2,513▲1,58647

Detached
Houses27,527890

25,285858▲2,242▲31

Collective
Houses

20,321267

22,826

302

2,505

35

Detached
Houses

20,475

1,115

19,916

1,087

▲559

▲27

Collective
Houses

18,063301

20,561362

2,49861

Technical Assessments forLong-life Quality Housings*4,142

168

3,645

159

▲497

▲8

Housing Design
Performance
Evaluations
HousingConstruction
Performance
Evaluations* “Technical Assessments for Long-life Quality Housings” represents the cases and amounts of “conformance certificate”, which include the cases and amounts of extension and renovation.

Main operating figures | Consolidated
3Q Previous
fiscal year

Segment

Business(Jun. 2022 – Feb.
2023)

Cases
Evaluation for Building EnergyStandards(Millions ofYen)(Jun. 2023 – Feb.
2024)

Cases

Amounts(Millions ofYen)

ChangeCases

Amounts(Millions ofYen)

4,442(3,045)4984,093(2,723)

476

▲349
(▲322)▲22Housings

34,773427

57,182615 22,409

187

Nonhousings

267573579022

Inspections for Housing DefectLiability Insurance*

26,785259

24,549239 ▲2,236▲20(incl. 300 ～ 2,000 sqm)

OthersAmounts

3Q Previous
fiscal year

BELSCertifications

79* Counting rules of “Inspections for Housing Defect Liability Insurance” are as follows. 1) Include Defect Insurance but exclude inspection for insurance firm and Housing Performance Certification, 2) Include
insurance brokerage, and 3) Include the data of all housing defect liability insurance companies. Note that, 6,537 missing cases of “Inspections for Housing Defect Liability Insurance” has been added on 3Q
Previous fiscal year.

Changes of quarterly results | Consolidated

Forecasts for FY 5/2024
ChangeFY 5/2023

FY 5/2024(Jun. 2022 –May. 2023)(Jun. 2023 –May. 2024)

Net Sales

17,41018,500

1,089

6.3％

Operating Profit

2,326

2,400

733.2％

Operating Profit Ratio

13.4％

13.0％

--Ordinary Profit

2,340

2,400

592.6％

Ordinary Profit Ratio

13.4％

13.0％

--Profit Attributable toOwners of Parent

1,533

1,540

60.4％

Profit per Share (Yen)

197.80199.641.84

0.9％(Millions of yen)Amounts

Ratio

Topics
Various ministry-committees are kick-off responding tothe analysis of 2024 Noto Peninsula Earthquake disaster◼

Committee of structural damage investigation and cause analysis of 2024
Noto Peninsula Earthquake
In reaction to a disastrous structural damage, MLIT and NILIM set the committee consist ofrelevant experts. The committee investigate causes of building damage and discuss a directionof countermeasure.
(1st committee held on Feb. 2, 2024)

Schedule◼

Summarize a studying result in fall 2024

Committee of fire and disaster prevention measures discussion against thelarge-scale fire in Wajima city
Based on the investigation of the cause of the large-scale fire disaster caused by the 2024
Noto Peninsula Earthquake, MLIT and FDMA set the committee consist of relevant experts
and discuss a direction of countermeasure.
(1st committee held on Mar. 18, 2024)

Schedule

Summarize a studying result in summer 2024

⇒ Paying attention to the committee discussion, if it will lead to any revisionof the seismic standards.

Contact
ERI Holdings Co., Ltd.
Investor Relations and Public Relations Group
E－Mail ｜ info@h-eri.co.jp
https://www.h-eri.co.jp/
This release contains forward-looking statements
about ERI Holdings Co., Ltd.’s future plans,
strategies, beliefs and performance that are nothistorical facts. Such statements are based on thecompany’s assumptions and risks, uncertainties andassumptions that, without limitation, relate toeconomic conditions. Accordingly, ERI Holdings Co.,
Ltd. wishes to caution readers that actual results
may differ materially from those projected in thisrelease and ERI Holdings Co., Ltd. bear no
responsibility for any negative impact caused by theuse of this release.