Interim report
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October 28 , 2021 Arealink Co. , LTD . TSE 2nd section Code 8914 Arealink FY2021 3Q Business Performance Summary FY12 / 21 3Q YTD Business Results ( 9 months ) Revenues decreased and earnings increased , progressing according to budget FY12 / 20 3Q YTD ( Jan. - Sept . ) FY12 / 21 3Q YTD ( Jan. - Sept . ) Actual Percent of Sales Actual Percent of Sales YOY In Millions of yen Net sales 17,153 15,279 - 10.9 % Cost of sales 12,897 75.2 % 10,740 70.3 % -16.7 % Gross profit 4,256 24.8 % 4,538 29.7 % + 6.6 % SG & A expenses 2,445 14.3 % 2,168 14.2 % -11.3 % Operating income 1,810 10.6 % 2,369 15.5 % + 30.9 % Ordinary income 1,727 10.1 % 2,349 15.4 % + 36.0 % Extraordinary profit and loss 583 3.4 % 276 1.8 % -52.6 % Income before income taxes 2,311 13.5 % 2,625 17.2 % + 13.6 % Net income 1,586 9.2 % 1,856 12.2 % + 17.0 % In the first 9 months of the fiscal year ending December 2021 , net sales of ¥ 15,279 million ( down 10.9 % year on year ) , operating income of ¥ 2,369 million ( up 30.9 % ) , ordinary income of ¥ 2,349 million ( up 36.0 % ) , and quarterly net income of ¥ 1,856 million ( up 17.0 % ) , resulted in a drop for revenue and an increase for earnings due to reversal gain on provision for loss on repurchases and transfer of Parking Business . Overview of FY12 / 21 3Q YTD by Segment Self - storage management saw significant increase in earnings , and Land Rights Consolidation Business recorded decreased revenue and earnings as planned FY12 / 20 3Q YTD ( Jan. - Sept . ) Actual FY12 / 21 3Q YTD ( Jan. - Sept . ) In Millions of yen 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 Business profit 10,416 2,425 11,136 + 6.9 % 23.3 % 3,475 1,561 15.0 % 2,592 31.2 % 23.3 % + 43.3 % + 66.0 % 746 511 - 31.5 % 112 15.0 % 68 13.4 % - 39.0 % ( 79 ) ( 121 ) + 52.9 % Net sales 11,162 11,648 + 4.3 % Gross profit 2,537 22.7 % 3,543 30.4 % + 39.7 % Business profit 1,482 13.3 % 2,470 21.2 % + 66.7 % Net sales 4,730 2,591 - 45.2 % Gross profit 1,275 27.0 % 656 25.3 % - 48.5 % Business profit 889 18.8 % 434 16.8 % - 51.1 % Net sales 1,260 1,039 - 17.5 % Gross profit 443 35.2 % 338 32.5 % - 23.7 % Business profit 341 27.1 % 289 27.8 % 15.3 % Net sales Management Division Gross profit Business profit ( 902 ) ( 825 ) - 8.5 % Net sales 17,153 15,279 - 10.9 % Total for All Businesses Gross profit 4,256 24.8 % 4,538 Operating income 1,810 10.6 % 2,369 29.7 % 15.5 % + 6.6 % + 30.9 %