Interim report
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July 28 , 2021 Arealink Co. , LTD . TSE 2nd section Code 8914 Arealink FY2021 2Q Business Performance Summary ■ FY12 / 21 First Half Business Results Revenues decreased and earnings increased , far exceeding budget FY12 / 21_1H ( Jan. - Jun . ) FY12 / 20_1H ( Jan. - Jun . ) Actual Percent of Sales Actual Percent of Sales YOY In Millions of yen Net sales 11,791 10,753 - 8.8 % Cost of sales 8,802 74.7 % 7,588 70.6 % - 13.8 % Gross profit 2,988 25.3 % 3,164 29.4 % + 5.9 % SG & A expenses 1,733 14.7 % 1,493 13.9 % - 13.8 % Operating income 1,255 10.7 % 1,671 15.5 % + 33.1 % Ordinary income 1,217 10.3 % 1,668 15.5 % + 37.0 % Net income 830 7.0 % 1,363 12.7 % + 64.3 % In the first 6 months of the fiscal year ending December 2021 , net sales of ¥ 10,753 million ( down 8.8 % year on year ) , operating income of ¥ 1,671 million ( up 33.1 % ) , ordinary income of ¥ 1,668 million ( up 37.1 % ) , and quarterly net income of ¥ 1,363 million ( up 64.3 % ) due to recording reversal gain on provision container repurchases and transfer of Parking Business have resulted in a drop for revenue and an increase for earnings , greatly exceeding budget . Overview of FY12 / 21 First Half by Segment Self - storage management saw significant increase in earnings , and limited land rights was ahead of budget despite reduced revenue and earnings FY12 / 20_1H ( Jan. - Jun . ) FY12 / 21_1H ( Jan. - Jun . ) In Millions of yen Actual Percent of Sales Actual Percent of Sales ΥΟΥ Self - storage management Self - storage brokerage Self - storage Business Land Rights Consolidation Business ( Limited Land Rights ) Other Operational Services Business Net sales Gross profit Business profit Net sales Gross profit 6,869 7,385 + 7.5 % 1,494 21.8 % 2,311 933 13.6 % 1,719 31.3 % 23.3 % + 54.6 % + 84.1 % 569 482 -15.3 % 75 13.3 % 52 10.8 % -31.2 % Business profit ( 68 ) ( 78 ) + 13.2 % Net sales 7,439 7,867 + 5.8 % Gross profit 1,570 21.1 % 2,363 30.0 % + 50.5 % Business profit 865 11.6 % 1,641 20.9 % + 89.8 % Net sales 3,482 2,193 -37.0 % Gross profit 1,098 31.5 % 575 26.2 % - 47.6 % Business profit 778 22.4 % 387 17.7 % -50.2 % Net sales 869 691 - 20.4 % Gross profit 320 36.9 % 226 Business profit 247 28.5 % 193 32.7 % 28.0 % - 29.4 % - 21.8 % Net sales Management Division Gross profit Business profit ( 635 ) ( 551 ) Net sales 11,791 10,753 Total for All Businesses Gross profit 2,988 25.3 % 3,164 29.4 % -13.3 % -8.8 % + 5.9 % Operating income 1,255 10.7 % 1,671 15.5 % + 33.1 %