In today’s briefing:
- Side Effects of Matching Numbers to Raise the Percentage of Female Board Members
- Paris Miki Holdings (7455 JP): 1H FY03/25 flash update
- Aucfan Co Ltd (3674 JP): Full-year FY09/24 flash update
- Cross Marketing Group (3675 JP): Q1 FY06/25 flash update
- Dai Ichi Cutter Kogyo Kk (1716 JP): Q1 FY06/25 flash update
- en Japan Inc (4849 JP): 1H FY03/25 flash update
- Ferrotec Corp (6890 JP): 1H FY03/25 flash update
- Fast Fitness Japan Inc (7092 JP): 1H FY03/25 flash update
- Fields Corp (2767 JP): 1H FY03/25 flash update
- Careerlink (6070 JP): 1H FY03/25 flash update
Side Effects of Matching Numbers to Raise the Percentage of Female Board Members
- With external female board member resources under pressure, it will be extremely difficult to raise the percentage of female board members steadily at this rate.
- The trump card for this is matching numbers. Increasingly, female board members with no management background or outside talent are being recruited to female managerial positions.
- It is expected that fewer companies will move to Company with US type 3 Statutory Committees in order to avoid increasing the number of statutory executive officers.
Paris Miki Holdings (7455 JP): 1H FY03/25 flash update
- Sales increased by 3.6% YoY to JPY26.1bn, but operating profit decreased by 25.3% YoY to JPY1.2bn.
- Paris Miki Inc. sales rose 4.2% YoY to JPY23.2bn, with 13 store openings and nine closures.
- China subsidiary faced a sales decline of 0.9% YoY to JPY3.0bn, resulting in an operating loss.
Aucfan Co Ltd (3674 JP): Full-year FY09/24 flash update
- The company restructured its business segments in FY09/24, renaming Inventory Management Solution to Solution and Merchandise Distribution Platform to Platform.
- Overall sales decreased by 5.9% YoY, while net income attributable to owners increased by 997.7% YoY.
- NETSEA’s sales and operating profit increased YoY due to reduced advertising expenses, despite a decline in GMV.
Cross Marketing Group (3675 JP): Q1 FY06/25 flash update
- Revenue increased by 20.1% YoY to JPY6.8bn, with Digital Marketing contributing JPY3.1bn, Data Marketing JPY2.3bn, and Insight JPY1.4bn.
- Operating profit reached JPY356mn, a significant improvement from a loss of JPY17mn in Q1 FY06/24, driven by higher gross profit.
- Overseas operations revenue grew 16% YoY to JPY1.2bn, with forex negatively impacting by JPY30mn, excluding effects, growth was 24% YoY.
Dai Ichi Cutter Kogyo Kk (1716 JP): Q1 FY06/25 flash update
- Q1 FY06/25 revenue declined 6.7% YoY due to subsidiary exclusion, with operating profit falling 27.9% from increased costs.
- FY06/25 forecast projects revenue of JPY21.0bn (+0.4% YoY) and operating profit of JPY2.5bn (+1.8% YoY).
- Company focuses on expressway projects, sales in building maintenance, and R&D investment to enhance technical capabilities.
en Japan Inc (4849 JP): 1H FY03/25 flash update
- Consolidated sales declined to JPY32.5bn (-1.7% YoY), while net income attributable to owners reached JPY5.2bn (+570.2% YoY).
- HR-Tech engage segment reported sales of JPY4.4bn (+45.3% YoY) with an operating loss of JPY1.6bn.
- Human Resource Platform segment achieved JPY4.1bn in sales (+17.8% YoY) and an operating profit of JPY601mn.
Ferrotec Corp (6890 JP): 1H FY03/25 flash update
- The company achieved 112.6% of its sales target, leading to a revision of the full-year forecast.
- Semiconductor Equipment-related business saw increased sales in vacuum products and semiconductor manufacturing materials, boosting segment performance.
- The company raised its sales forecast by JPY30.0bn, anticipating strong demand from Chinese manufacturers in 2H FY03/25.
Fast Fitness Japan Inc (7092 JP): 1H FY03/25 flash update
- Revenue increased by 10.4% YoY to JPY8.6bn, with directly operated clubs contributing JPY5.3bn and franchise revenue JPY3.1bn.
- Operating profit decreased by 28.2% YoY to JPY1.4bn, impacted by higher costs and growth investments, especially overseas.
- Membership count rose to 935,000, with 33 new clubs opened and three closed, totaling 1,163 clubs.
Fields Corp (2767 JP): 1H FY03/25 flash update
- Group sales were JPY45.8bn (-31.7% YoY), with net income attributable to owners of the parent at JPY2.8bn (-31.5% YoY).
- Content and Digital business sales reached JPY8.0bn (+7.9% YoY), driven by Tsuburaya Productions’ overseas revenue growth of 34.0% YoY.
- PS business reported sales of JPY37.2bn (-37.0% YoY), with 48,636 amusement machines sold, down 77,389 units YoY.
Careerlink (6070 JP): 1H FY03/25 flash update
- Revenue decreased YoY across BPO and CRM businesses, but operating profit increased due to cost reduction efforts.
- New partnerships with seven local governments expanded client base to 177, focusing on economic stimulus projects.
- Revenue rose in food processing and manufacturing, driven by strong orders and efficient SG&A expense management.