Results for the year ending March 31, 2019 Second Quarter (Marunouchi Trust Tower, Tokyo)

2018.11.08

20181108

At the Marunouchi Trust Tower, we held a briefing for Second Quarter fiscal year ending March 31, 2019, and about 55 people attended on that day.
Company's Senior Executive Director Chief Financial & Administrative Officer after I am allowed to describe "2018 first half of fiscal track record," "2018 full-year plan" than Kaoru Koyano, our Chairman and CEO for "our commitment" from Kubo MakotoHomare of I explained.

 

Second Quarter Earnings Presentation Main Questions and Answers

Please tell us the reason why EDION is growing while eco-living solar products such as reforms are not growing in the entire industry.
In addition to the existing kitchens, baths, and toilets, we have started new initiatives and sales are growing. Specifically, we started to paint the outer wall called "Premium e-coat" from this year. It has a high heat-shielding effect and suppresses summer power consumption, so it has been well received. In the first half of the year, sales were over 800 million yen, which is one of the factors that contributed to the growth in business results. In addition, with regard to EcoCute, we have also teamed up with two major home appliance manufacturers to release original products, which also grew by 120% year on year.
Please tell us about your EC channel strategy and goals such as medium-term profit structure.
Our channel strategy is to first enhance our site. Malls of other companies may be used for the purpose of increasing sales, but from a profit perspective, there are challenges. Basically, when we think about investing in EC, what we can do to enhance our company's site is, from the viewpoint of cost reduction, rationalization of logistics. In the first half, we unified the inventory management methods for real stores and EC. As a result, I think that the integration of distribution centers between real stores and EC sites will continue in the future. Under such rationalization, we would like to bring the income and expenses to the income and expenditure balance for the current term. On the other hand, the online mail order subsidiary Forest is seeing a profit in the current term despite the increase in logistics costs. From the next fiscal year, we would like to aim for the balance of payments in the entire EC business of our company.

Related Documents

Back to IR News List