QUICK Corp.

Equity Bottom-Up

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Slightly exceeded the plan in 1H. However, the full-year plan maintained the OP reduction plan due to the decrease in the amount of completed construction work
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In 1H, the high profit margin of completed construction improved, but the amount of completed construction decreased and OP decreased The consolidated results for 1H of FY3/21 were sales of JPY227.4bn (-23% YoY) and OP of JPY15bn (-13% YoY). The total amount of completed construction work on a non-consolidated basis was JPY215bn (-22%…</li>
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Notes: This is translated from our Japanese report issued on 20 Aug 2020.
Although the gross profit margin on completed construction has improved for the full year, the OP is planned to decrease by 17% YoY due to the decrease in completed construction
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In 1Q, OP was almost flat YoY due to the improvement in profit margin despite the decrease in completed construction The consolidated financial results for 1Q of FY3/21 were sales of JPY114.8bn (-21% YoY) and OP of JPY8.2bn (-1% YoY). The total…</li>
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Japan

Penta-Ocean Construction Co., Ltd. is a general contractor operating nationwide and overseas.  The Company performs large-scale waterfront and land civil engineering works.  Penta-Ocean also builds residential, commercial, and institutional buildings.

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