Summary
Recovery have kept on going in good shape
◼

◼

◼

◼

◼
◼

In the third quarter, our business have been on track to recovery as weexpected.
Both new housing starts and GFA of new build non-housing have been
increasing on a year-on-year comparison.

All the segments turned around to increase in revenue and earnings on ayear-on-year comparison.
Action on decarbonization about buildings and housings satisfactorily
enhanced revenue of energy-saving related services.

Solution services revenue increased partly due to a few large contracts.
In addition to the coronavirus crisis condition, we should keep an eye on every
possible impact by the critical situation in Russia-Ukraine.

Consolidated financial results
3Q previous
fiscal year

3Q reporting
fiscal year

(Jun. 2020–Feb. 2021)(Jun. 2021–Feb. 2022)

10,363

12,001

1,638

15.8%

Operating Profit

22

1,511

1,489-

Operating Profit Ratio

0.2%

12.6％

-

-

Ordinary Profit

86

1,569

1,482-

Ordinary Profit Ratio

0.8%

13.1％

--

Profit Attributable toOwners of Parent

29973

943

-

Profit per Share (Yen)

3.83

124.33120.5-(Millions of yen)

Net Sales

ChangeAmounts

Ratio

Consolidated financial results by segment(Millions of yen)

3Q previous 3Q reporting
fiscal year
fiscal year

ChangeSegment
ProfitChange(Jun. 2020–Feb. 2021)(Jun. 2021–
Feb. 2022)

Amounts

Building Confirmation
and Inspection and its
related services

5,741[55.4%]

6,494[54.1%]

752

13.1%

796

690

Housing Performance
Evaluation and its
related services

2,608[25.2%]

2,852[23.8%]

244

9.4%

395

347

Solution Services

837[8.1%]

1,081[9.0%]

244

29.2％

68105

Others1,177[11.3%]

1,573[13.1%]

396

33.7％

301347

Net Sales Total

10,363[100.0%]12,001[100.0%]

1,638

15.8％

1,561

1,490

Ratio

Main operating figures | Consolidated
3Q previous
fiscal year

(Jun. 2020 – Feb. 2021)

Cases

Amounts(Millions of Yen)

3Q reporting
fiscal year

Change(Jun. 2021 – Feb. 2022)

Cases

Amounts(Millions of Yen)

Cases

Amounts(Millions of Yen)

Building Confirmations

51,154

2,286

61,062

2,789

9,908

503

Final Inspections

51,642

2,217

53,598

2,313

1,956

96

Detached
Houses22,964

698

26,128791

3,164

93

Collective
Houses

16,228183

17,550

198

1,322

15

Detached
Houses

22,372

1,212

20,796

1,180▲1,576▲32

Collective
Houses15,302238

14,425233▲877▲5Housing Design
Performance
Evaluations

Housing
Construction
Performance
Evaluations

Key service figures | Consolidated
3Q previous
fiscal year

(Jun. 2020 – Feb. 2021)

Cases

Amounts(Millions of Yen)

3Q reporting
fiscal year

Change(Jun. 2021 – Feb. 2022)

Cases

Amounts(Millions of Yen)

Cases

Amounts(Millions of Yen)

Technical Assessments forLong-life Quality Housings

18,068254

20,5183072,45053Inspections for Housing
Defect Liability Insurance

28,177247

25,034268▲3,14321

Evaluation for Building EnergyStandards

1,166(-)

183

3,392(2,081)

415

2,226(2,081)

232

Housings

5,838

103

8,512

187

2,674

84

Nonhousings

160

33

261

58

101

25(incl. 300 ～ 2,000 sqm)

BELS
Certifications* “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. The numbers of planchange are included. From February 20, 2022, the numbers of integrated application combined with “Housing Performance Evaluations” are excluded.
* 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.
* From FY 5/2020 report, “Evaluation for Compliance with Energy Consumption Performance of Buildings” includes the numbers of plan change.

Changes of quarterly results | Consolidated

Forecasts for FY 5/2021
ChangeFY 5/2021

FY 5/2022(Jun. 2020 –May 2021)(Jun. 2021 –May 2022)

14,397

15,810

1,412

9.8%

Operating Profit

402

1,600

1,197

297.2％

Operating Profit Ratio

2.8%

10.1%

--Ordinary Profit

474

1,660

1,185

250.0％

Ordinary Profit Ratio

3.3%

10.5%

--Profit Attributable toOwners of Parent

264

1,031766

289.7％

Profit per Share (Yen)

33.95

131.73

97.78-(Millions of yen)

Net Sales

Amounts

Ratio

Topics
Measures for enhancement of housing/buildings energy
saving performance ①
Involving energy saving standard in requirements of subsidy system
Children Future Housing Subsidy （Mar 28, 2022～Oct 31, 2022）◼

ERI group provide various certifications for applications of the subsidy
Housing support for child-rearing
generation and young couples※
ZEH housing(1 million yen)High energy saving housing(0.8 million yen)

Required energy
saving performance

Serveries by ERI group for the subsidy requirement

ZEH, Nearly ZEH, ZEH
Ready, ZEH Oriented- BELS (ZEH or ZEH-M labeled)- Housing performance certification(Class-5 thermal insulation and Class-6 primary energy consumption)

Long-life quality housing- Certification of long-life quality housing- Acceptance letter of long-life structure- Housing performance evaluation including long-life structure description

Low-carbon building- Certification of low carbon building plan

Performance- Certification of performance improvement plan
improvement plan housing

Eligible energy saving housing(0.6 million yen)

- Certification form for Children Future Housing Subsidy- Housing performance certification
Class-4 thermal insulation(Class-4 thermal insulation and Class-4 primary energy consumption)
and Class-4 primary- BELS certificationenergy consumption- Flat 35S eligible certification (borrowing rate plan-B )- Flat 35S eligible plan notice (borrowing rate plan-B )※ Supplementary budget 54.2 billion yen

Topics
Measures for enhancement of housing/buildings energysaving performance ②
Japan Housing Finance Agency (JHF) revise energy savingrequirement◼

Flat35※ requirement involve energy saving standard and Flat35S (ZEH) isreleased, which will inspire energy saving labeling such as BELS

From
October
2022

Energy saving requirement of Flat35S is revised
Category

Required energy saving performance (revised)

ZEH (new)ZEH level performance

Borrowing rate plan-A

Class-5 thermal insulation & Class-6 primary energy consumption

Borrowing rate plan-B

Class-4 thermal insulation & Class-6 primary energy consumption
orClass-5 thermal insulation & Class-4/5 primary energy consumption

New housing

FromApril
2024

Toward decarbonized society, energy saving requirement of Flat35 is revised
Currentrequirement

Class-2 thermalinsulation or higher

Revised requirement(from April 2023)

Class-4 thermal insulation and class-4
primary energy consumption, or higher※ Flat35: Brand mane of the popular residential mortgage securitized by JHF
Source: Japan Housing Finance Agency brochure, April 2022

Topics
Certified as a “Health and Productivity Management
Organization 2022”
March 9, 2022, Japan ERI was certified as a “Health and Productivity Management
Organization 2022 (large corporate category)” in the Health and Productivity Management
Organization Certification System, which has established by METI as a way to commend
companies that carry out particularly excellent health and productivity management.

Certification by Nippon Kenko Kaigi (Japan Health Council)

December 2019, under the philosophy of “employees and their family health is the core of sustainable businessgrowth”, Japan ERI declared “Health Management Manifesto”, and developed a health management promotion
plan to make employees and their family life vibrant though their daily work. In the plan, we set quantitative
targets against major health concerns and have been proactively engaged in promotion of employees’ healthawareness, prevention of lifestyle-related diseases, constant review of work style, etc.

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.