Hope : Results of Operations for the First Quarter of the Fiscal Year Ending June 30, 2022 (FY2022)
December 16, 2021 at 02:19 am EST
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First Quarter of the Fiscal Year Ending June 30, 2022 (FY2022)
Results of Operations
Explanatory Material
November 15, 2021
HOPE, INC.
[6195]
Corporate Philosophy
Providing new value to citizens through local governments,
and promoting growth of the company and its people
Copyright (C) 2021 HOPE, INC.
02
Company Overview
Company name
Established
Representative
Securities code
Employees
(consolidated)
Business
Head office
HOPE, INC.
Feb. 2005 (fiscal year-end: Jun.)
Takayasu Tokitsu, CEO
6195 (listed on the TSE-Mothers/FSEQ-Board on Jun. 15, 2016)
163 (as of the end of Sep. 2021, including temporary employees)
Services created specifically for local governments
(Advertising Business, Energy Business, Jichitai Works Business)
MG Yakuin Building 1-14-5, Yakuin, Chuo-ku, Fukuoka, Japan
History
Feb. 2005
Founded
Jun. 2006
Launched SMART RESOURCE SERVICE
Sep. 2013
Launched SMART CREATION SERVICE
"Machilet"
Jul. 2014
Launched "Machiiro," an app that connects
local governments and local residents
Aug. 2014
Started B-to-G solutions business
Jun. 2016
Listed on TSE-Mothers and FSE Q-Board
Dec. 2017
Issued the first edition of"Jichitai Works"
Mar. 2018
Registered as an electricity retailer
and launched "GENEWAT"
May 2020 Started Jichitai Works HAxSH
Oct. 2020 Established a wholly owned subsidiary HOPE ENERGY, INC.
Nov. 2020 Developed AI for forecasting market prices
of electricity (Energy Business)
Mar. 2021 Announced participation in the private-sector trainee program of the city of Shijonawate in Osaka prefecture
Jun. 2021 Launched SMART FR CONSULTING SERVICE Launched the Jichitai Works Free Name Card service
Sep. 2021 Announced actions for ending negative equity
Copyright (C) 2021 HOPE, INC.
03
Contents
1Q FY2022 Financial Highlights II. Topics
III. FY2022 Outlook
IV. Business Environment and Growth Strategies V. 2020 VISION
VI. Appendices
Copyright (C) 2021 HOPE, INC.
04
I. 1Q FY2022 Financial Highlights
Application of the netting method in the Energy Business
From FY2022, all figures in this presentation use the netting method* due to the application of the Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan
Statement No. 29).
Both net and gross figures are shown for figures until 4Q FY2021. Please refer to net figures in prior years when making comparisons.
The differences of the netting and gross recognition methods have no effect on earnings at all levels.
*With the netting method, in accordance with the renewable energy feed-in tariff system in Japan, fees received from customers (sales) and payments to the cost adjustment organization (cost of sales), which are equal to fees received, offset each other, resulting in the recognition of net revenue. Figures that do not use netting are designated in this presentation as using the gross recognition method.
Start of consolidated financial statements
Due to the establishment of HOPE ENERGY, INC., which is a wholly owned subsidiary, HOPE, INC. changed from non-consolidated to consolidated financial statements beginning with the second quarter of the fiscal year ended in Jun. 2021. As a result, this presentation has both consolidated and non-consolidated financial information.
Numbers are rounded down and percentages are rounded up or down to the first decimal place.
All documents referenced in the following pages are in Japanese version only.
Copyright (C) 2021 HOPE, INC.
05
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Disclaimer
Hope Inc. published this content on 16 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2021 07:18:05 UTC.
Hope Inc is a Japan-based company engaged in advertising, energy and media businesses. The Company operates through three business segments. Energy segment offers GENEWAT, an electricity retail service that helps local governments reduce costs. Advertising segment offers two kinds of services. The smart resource (SR) service purchases advertising space in various media such as homepages owned by local governments, public relations papers, salary statements distributed to public employees, and envelopes and sells them to private companies. The smart creation (SC) service, in the form of collaborative issuance with local governments, recruits advertisers to produce information booklets for residents and donates the booklets to local governments. Media segment utilizes the relationships with local governments cultivated in the advertising business to provide business to government (BtoG) marketing services, Jichitai Works, and Jichitai Works HA x SH information distribution platform.
HOPE, INC. 
