Heiwa Corporation - 2017 FY 1st Quarter Results - Financial Overview

Aug 25, 2026

Uploaded by Gloria

Heiwa Corporation’s 2017 fiscal year first-quarter results report highlights consolidated performance across pachinko/pachislot and golf businesses. Net sales reached 49.3 billion yen (+3.8% YoY) with operating income of 13.2 billion yen (+16.0% YoY), driven by stronger machine business outcomes that offset golf headwinds. The document details unit sales volumes, cost-reduction initiatives in the machine segment, and year-on-year movement in SGA expenses, R&D spend, depreciation, and capital investment.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages30

Reading Time1 h 16 min

AccessFree to download

Overview

Consolidated Results

Results for the 1st Quarter of FY ending March 31, 2017

Consolidated Statements of Income (Results)

SGA expenses, R&D expenses, and cost items

Pachinko and Pachislot Machine Business (Machine Sales Results)

August 5, 2016 Heiwa Corporation Securities Code : 6412 Contents | ■ Overview | ・ | ・ | ・ 3 | | --- | --- | --- | --- | | ■ Results for the 1st Quarter ofFY ending March 31, 2017 | ・ | ・ | ・ 4 | | ■ Full-year Plan for FY ending March 31, 2017 | ・ | ・ | ・ 13 | | Supplementary Information | | | | | 【Market Environment】
・ Pachinko and Pachislot Machine Business
・ Golf Business
【Pachinko and Pachislot Machine Business】
・ Regulations on Pachinko Machine
・ Regulations on Pachislot Machine
・ Number of Machines Sold / Titles Released in FY
Ending March, 2017 【Golf Business】
・ Trends of Golf Course Users and Revenue per Customer
・ Golf Course Portfolio | 【Consolidation Results】
・ Trends of Business Results
・ Key Financial Indicators | | --- | --- | Overview | Results | | --- | | | | Pachinko and pachislot machine business | | | | Golf business | 􀂄 Net sales： 49.3billion yen, +3.8％ year on year 􀂄 Operating income： 13.2billion yen, +16.0％ year on year ・ The pachinko and pachislot machine business performed well, which offset the negative impact of the golf business, and led to improved results year on year. 􀂄 Net sales： 27.6billion yen, +8.6% year on year 􀂄 Operating income： 9.2billion yen, +28.4% year on year 􀀹The number of Pachinko machines sold in 1Q: 41k units (-1k units yoy) 􀀹The number of Pachislot machines sold in 1Q: 29k units (+1k units yoy) ・ Initiatives to reduce the cost of pachinko machines were successful and pushed operating income upward. 􀂄 Net sales： 21.7billion yen, -1.7% year on year 􀂄 Operating income： 5.0billion yen, -3.6% year on year ・ Operating income also failed to reach the same level year on year due to the reduction in net sales. Results for the 1st Quarter of FY ending March 31, 2017 Consolidated Statements of Income (Results) 1st Quarter Results 􀂄 Income and profit were up year on year (net sales +3.8% YoY and operating income +16.0% YoY) . ・ The pachinko and pachislot machine business performed well, which offset the negative impact of the golf business. ・ In the pachinko and pachislot machine business, both sales and profit were up year on year, due to the increase in the unit sales price and reduction in costs. (million 60,000 50,000 40,000 30,000 20,000 10,000 0 yen) Operating income 47,538 15,539 9,826 49,355 15,808 Pachinko machine sales 11,717 Pachislot machine sales 22,102 21,722 Golf business sales 11,453 FY3/16 1Q 13,287 FY3/17 1Q （million yen） FY 3/2016 1Q Results FY 3/2017 1Q Results YoY | Net sales 47,538 49,355 3. 8% | | | | | | | --- | --- | --- | --- | --- | --- | | | Pachinko and Pachislot machine business | 25,436 |
27,632 | | 8.6% | | Pachinko machines 15,539 15,808 1.7%
Pachislot machines 9,826 11,717 19.2% | | | | | | | | Golf business 22,102 21,722 -1.7% | | | | | | Operating income 11,453 13,287 16.0% | | | | | | | | Pachinko and Pachislot machine business | 7,180 | | 9,222 28.4% | | | | Pachinko machines 3,128 4,779 52. 8%
Pachislot machines 4,024 4,483 11.4% | | | | | | | Golf business 5,222 5,033 -3.6% | | | | | | | Eliminations & corporate expenses | -949 |
-969 | | - | | | Operating income ratio 24. 1% 26.9% +2 . 8pt | | | | | | Ordinary income 11,268 12,783 13.4% | | | | | | | Profit attributable to owners of parent 6,003 7,649 27.4% | | | | | | | EBITDA*1 13,598 15,755 15.9% | | | | | | *1 EBITDA＝ Operating income + depreciation + amortization *2 From the FY ending March 2017, the information service business, which had previously been included under “Other,” has been reclassified under “Pachinko and pachislot machine business,” and the service area restaurant and shop operating business, which had previously been included under “Other,” has been reclassified under “Golf business.” In accordance with these changes, figures for the FY ended

FAQs

What were Heiwa Corporation’s consolidated net sales and operating income for FY ending March 31, 2017 (1st quarter)?

Net sales were 49.3 billion yen (+3.8% YoY) and operating income was 13.2 billion yen (+16.0% YoY).

How did the pachinko and pachislot machine business and the golf business contribute to overall results?

The pachinko and pachislot machine business performed well and offset the negative impact of the golf business, improving year-on-year results. In the machine segment, both sales and profit increased due to higher unit sales price and cost reductions.

What drove the year-on-year change in SGA and R&D expenses during the 1st quarter?

SGA expenses increased by 4.5% YoY, with selling expenses down due to the omission of a provision recorded in the prior year period. R&D expenses rose due to improvements in product quality.

Aug 25, 2026

Uploaded by Gloria