Sales and profits increased due to expansion of market share within existing customers and new customer acquisition.
On the other hand, profitability declined due to the impact of rising labor costs, raw materials, and logistics costs, leading to the lag behind the profit plan.
Sales increased in all 7 businesses YoY. In the Construction work, sales increased substantially due to an increase in contracts for various types of construction, including energy-saving construction work associated with rising energy costs.
Profits increased in 4 businesses and decreased in 3 businesses.
Profits declined in Facilities management, Cleaning services, and Support services, mainly due to lower profitability from higher labor and subcontracting costs.
AEON DELIGHT Co. Ltd. published this content on 11 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 July 2023 06:02:07 UTC.
AEON DELIGHT CO., LTD. operates in two business segments. Integrated Facility Management Service (FMS) segment is engaged in the facility management business, which provides repair, inspection and maintenance services; security business, which provides security services, transportation security guidance and valuables transportation; cleaning business, which provides cleaning services; construction works business, which conducts large scale maintenance, store interior works; materials-related business, which provides indirect materials purchasing agency services and material procurement services; vending machines business, as well as supports business, including housekeeping support services, retail stores business and others. Others segment is engaged in the rental of real estate.