January 4, 2018 Financial summary (consolidated) for the fiscal year ended September, 2017

January 4, 2018 - SHINRYO CORPORATION announced the Group’s consolidated results for the 62nd term (October, 2016 - September, 2017) as below.

Overlook
Consolidated results of Shinryo Corporation Group indicate that the amount of orders received increased to 246,100 million yen (increased by 1.7% on a year-on-year basis) and net sales increased to 241,100 million yen (increased by 7.3% on a year-on-year basis). In terms of profit and loss, operating income decreased to 12,900 million yen (decreased by 3.1% on a year-on-year basis) while ordinary income increased to 14,700 million yen (increased by 12.3% on a year-on-year basis) and net income decreased to 8,600 million yen (decreased by 10.7% on a year-on-year basis).
Future prospects
The Group will continue to implement optimal strategy for each site and redevelop our systems to enhance our global competitiveness and risk management. In addition, we will build an earning structure that is not affected by the trend in the domestic construction market through offering services that are in demand of our customers in the domestic stock market by long-term relationship that continues even after construction of a new building. Furthermore, we will continue to implement work style reform including introduction of systems that support flexible working style while implementing the content that was discussed and implemented in the work style reform project which consist from more than 100 members to all our companies to realize work style reform and create attractive working environment.