Financial results briefing for the second quarter of the fiscal year ending March 2020 (Marunouchi Trust Tower, Tokyo)

2019.11.01

20191101

Marunouchi Trust Tower held a financial results briefing for the second quarter of the fiscal year ending March 31, 2020.
Company's Senior Executive Director Chief Financial & Administrative Officer after I am allowed to describe "2019 first half of fiscal track record," "2019 full-year plan" than Kaoru Koyano, our Chairman and CEO for "our commitment" from Kubo MakotoHomare of I explained.

 

 

 

 

 

Q2 FY3 / 2020 results briefing Q & A

You may expect a rebound after the tax increase, but please tell us about the demand trends and sales prospects in the second half, and any risks or concerns about that.
With regard to demand in the second half, we believe that sales will be relatively firm, due to replacement of home appliances with Eco-Points ten years ago and demand for renovations we are continuing to work on. Risks are likely to be affected by the effects of weather, such as warm winters, and by many large companies whose bonuses fell below the previous year's last winter and this summer.
Please tell us about your online sales initiatives.
We are strengthening our product lineup. The company's website has a growing number of products, including healthcare, pet supplies and fishing gear, and its subsidiary Forest, which sells alcohol and drugs. In addition, we operate our online shop from the perspective of how to contribute to the convenience of customers, including attracting customers from real stores, as well as profits.
Please tell us about your renovation efforts, especially for exterior wall painting.
First, I think it is important to strengthen personnel. We will relocate from the home appliance department and recruit experienced workers midway, and strengthen employee sales through employee training. By doing so, we will increase the number of remodeling shops and secure sales.

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