Summary of Business Results
Consolidated Business Results (Fiscal 2023)
|
|
Unit | Fiscal 2022 actual results (Year ended March 31, 2022) |
Fiscal 2023 actual results (Year ended March 31, 2023) |
YOY changes |
|---|---|---|---|---|
| Net sales | Millions of yen | 482,547 | 508,400 | +5.4% |
| Operating income | Millions of yen | 54,739 | 62,328 | +13.9% |
| Recurring profit | Millions of yen | 55,710 | 63,204 | +13.5% |
| Net income attributable to parent company | Millions of yen | 39,462 | 55,461 | +40.5% |
| Net income per share | Yen | 157.69 | 227.11 | +44.0% |
Net Sales
Higher sales year on year, reflecting business expansion fueled by accurate response to IT investment needs, including demand among clients for digital transformation.
Operating Income
Higher sales and improved gross profit margin, due to enhance profitability, absorbed increase in selling, general and administrative expenses, leading to year-on-year growth in income for fiscal 2023. Operating income margin moved up, to 12.3%, an increase of 1.0 percentage point from fiscal 2022.
Net Income Attributable to Owners of the Parent Company
Significant year-on-year increase, buoyed by gain on sales of investment securities following reduction in strategic shareholdings.
Consolidated Business Results by Business Segment (Fiscal 2023)
Net sales
|
|
Unit | Fiscal 2022 actual results (Year ended March 31, 2022) |
Fiscal 2023 actual results (Year ended March 31, 2023) |
YOY changes |
|---|---|---|---|---|
| Offering Service Business | Millions of yen | 103,167 | 111,752 | +8.3% |
| Business Process Management | Millions of yen | 42,951 | 43,255 | +0.7% |
| Financial IT Business | Millions of yen | 91,651 | 101,184 | +10.4% |
| Industrial IT Business | Millions of yen | 108,751 | 113,632 | +4.5% |
| Regional IT Solutions | Millions of yen | 156,231 | 160,010 | +2.4% |
| Other business | Millions of yen | 6,369 | 8,957 | +40.6% |
| Intersegment elimination/adjustments | Millions of yen | -26,576 | -30,394 | - |
Note: Sales by segment in the above chart include intersegment sales.
Operating income
|
|
Unit | Fiscal 2022 actual results (Year ended March 31, 2022) |
Fiscal 2023 actual results (Year ended March 31, 2023) |
YOY changes |
|---|---|---|---|---|
| Offering Service Business | Millions of yen | 4,692 | 6,426 | +36.9% |
| Business Process Management | Millions of yen | 4,991 | 5,123 | +2.6% |
| Financial IT Business | Millions of yen | 12,355 | 13,896 | +12.5% |
| Industrial IT Business | Millions of yen | 15,356 | 16,728 | +8.9% |
| Regional IT Solutions | Millions of yen | 16,492 | 19,343 | +17.3% |
| Other business | Millions of yen | 770 | 878 | +13.9% |
| Intersegment elimination/adjustments | Millions of yen | 79 | -67 | - |
Offering Service Business
Overseas business contributed to sales growth. Higher sales and higher income reflect trend toward greater IT investment in payment settlement and platform systems as well as improved profitability.
Business Process Management
Existing data entry business struggled but situation was stabilized by rising demand paralleling digital shift.
Financial IT Business
Higher sales and higher income, thanks to wider IT investment by core clients in credit card sector as well as financial institutions in the public sector.
Industrial IT Business
Sales and income grew, reflecting improvement in profitability, complemented by growing trend toward
IT investment, especially among existing clients in manufacturing and energy sectors.
Regional IT Solutions
Progress in solution deployment complemented by success in business activities emphasizing profitability to knock back effect of reduced scope of consolidation in first half, ultimately leading to higher sales and higher income.
※For more information on the business activities undertaken in each segment, please refer to Business Activities by Business Segment.Business segments were reclassified as of fiscal 2023, ended March 31, 2023, following the application of a new approach to corporate management.