Summary

We revised annual financial forecasts upward
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◼

◼

◼

Overall business has kept on growing successfully and we revised up
the forecasts of annual earnings and dividend.
In Building Confirmation/Inspection and its related services segment,
the number of confirmation decreased but the number of inspection
increased, then sales and profits increased.
In Housing Performance Evaluation (HPE) and its related services
segment, the number of HPEs increased but sales and profit
decreased due to an expire of Green Housing Point subsidy.
In Solution Services segment, sales increased by M&A effect. The
profit, however, decreased due to a lag of profit contribution that will
be posted in Q4.
In Others, energy saving related services such as BELS, etc. successfully
expanding and sales and profits increased.

Consolidated financial results
Q3 Previous
fiscal year

Q3 Reporting
fiscal year

(Jun. 2021–Feb. 2022)(Jun. 2022–Feb. 2023)

Net Sales

12,001

12,739737

6.1%

Operating Profit

1,511

1,542

30

2.0%

Operating Profit Ratio

12.6％

12.1％

--Ordinary Profit

1,569

1,552

▲16▲1.1%

Ordinary Profit Ratio

13.1％

12.2％

--

Profit Attributable toOwners of Parent

973

950

▲22

▲2.4%

Profit per Share (Yen)

124.33122.41

▲1.92

▲1.5%

(Millions of yen)

ChangeAmounts

Ratio

Consolidated financial results by segment(Millions of yen)

Q3 Previous Q3 Reporting
fiscal year
fiscal year

ChangeSegment
ProfitChange(Jun. 2021 –Feb. 2022)(Jun. 2022–Feb. 2023)

Amounts

Building Confirmation
and Inspection and its
related services

6,494[54.1%]

6,774[53.2%]

280

4.3％

882

86

Housing Performance
Evaluation and its
related services

2,852[23.8%]

2,756[21.6%]

▲95

▲3.4％

345

▲49

Solution Services

1,081[9.0%]

1,396[11.0%]

314

29.1％

36

▲31Others

1,573[13.1%]

1,811[14.2%]

238

15.1％

326

25

Net Sales Total

12,001[100.0%]12,739[100.0%]

737

6.1％

1,591

30

Ratio

Main operating figures | Consolidated
Q3 Previous
fiscal year

Segment

Business(Jun. 2021 – Feb.
2022)

Cases
Building
Confirmation
andInspection
and its
relatedservices

Housing
Performance
Evaluationand its
relatedservicesAmounts

Q3 Reporting
fiscal year

(Jun. 2022 – Feb.
2023)

(Millions ofYen)

Cases

Amounts

Change(Millions ofYen)

Cases

Amounts(Millions ofYen)

Building Confirmations

61,062

2,789

59,821

2,855▲1,241

65

Final Inspections

53,5982,313

55,047

2,466

1,449

152

Detached
Houses26,128791

27,527

890

1,399

99

Collective
Houses17,550198

20,321

267

2,771

69

Detached
Houses

20,796

1,180

20,475

1,115

▲321

▲65

Collective
Houses14,425233

18,063

301

3,638

68

Technical Assessments forLong-life Quality Housings*

20,518307

4,142

168 ▲16,376▲139

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. The numbers of planchange are included. From February 20, 2022, the numbers of integrated application combined with “Housing Performance Evaluations” are excluded.

Main operating figures | Consolidated
Q3 Previous
fiscal year

Segment

Business(Jun. 2021 – Feb.
2022)

Cases
Evaluation for Building EnergyStandards*1(Millions ofYen)(Jun. 2022 – Feb.
2023)

Cases

Amounts(Millions ofYen)

ChangeCases

Amounts(Millions ofYen)

3,392(2,081)

415

4,442(3,045)

498

1,050(964)83

Housings*2

8,512

187

34,773427 26,261

239

Nonhousings

261

58

267

6▲1Inspections for Housing DefectLiability Insurance*3

25,034268

20,248259 ▲4,786▲9(incl. 300 ～ 2,000 sqm)

OthersAmounts

Q3 Previous
fiscal year

BELS
Certifications

57*1 From FY 5/2020 report, “Evaluation for Compliance with Energy Consumption Performance of Buildings” includes the numbers of plan change.
*2 From FY 5/2023 report, “BELS Certifications(Housings)” includes the number of certifications of dwelling unit of collective houses.
*3 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.

Changes of quarterly results | Consolidated

Revised forecasts for FY 5/2023（Millions of yen）

Initialforecast（A）

Revisedforecast（B）

Rate ofchangeChange（B-A）

FY 5/2022
Results（％）

Net Sales

16,06917,100

1,031

6.4％

16,148Operating Profit

1,673

2,050

377

22.5％

1,924

Operating Profit Ratio

10.4％

12.0％

--11.9%Ordinary Profit

1,682

2,060

378

22.5％

1,986

Ordinary Profit Ratio

10.5％

12.0％

--12.3%

Profit Attributable toOwners of Parent

1,106

1,300

194

17.5％

1,228

Profit per Share (Yen)141.26167.64

26.38

18.7％

156.83

Revise of annual earnings forecast◼

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We revised up the forecasts of annual earnings, revenue andprofit growth, which will successfully reach record-high.
Based on the current business conditions such as limited shrinkof housing and stable non-housing new construction, expanding
energy saving related services and effect of M&A, we revised up
the forecast of annual revenue to ¥17,100 million, which is ¥951
million year-on-year growth.
Annual operating expenses will increase to ¥15,050 million,
which is ¥826 million year-on-year growth, due to a cost increase
associated with service expansion, M&A and special “inflationallowance” payment for all the employees.
Accordingly, we anticipate annual ¥2,050 million operating profit,¥2,060 million annual ordinary profit, and ¥1,300 million annual
profit attributable to owners of parent, which are ¥125 million,¥73 million and ¥71 million year-on-year growth, respectively.

Revise of year-end dividend◼

◼

We are pleased to revise up the forecast of year-end dividend
from ¥20 to ¥30 responding to the upward revision of annual
earnings forecasts.
Accordingly, total annual dividend will be ¥50, including ¥20 ofinterim dividend.
Change in annual dividends per share
Interim dividend

Year-end dividend

40(Yen)302750

Extra dividend

upward

1015

1215

15

1515

1515

FY5/2019

FY5/2020

FY5/2021

FY5/20223020

FY5/2023（Forecast）

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.