Summary of Business Results
Consolidated Business Results (Fiscal 2024)
|
|
Unit | Fiscal 2023 actual results (Year ended March 31, 2023) |
Fiscal 2024 actual results (Year ended March 31, 2024) |
YOY changes |
|---|---|---|---|---|
| Net sales | Millions of yen | 508,400 | 549,004 | +8.0% |
| Operating income | Millions of yen | 62,328 | 64,568 | +3.6% |
| Recurring profit | Millions of yen | 63,204 | 68,553 | +8.5% |
| Net income attributable to parent company | Millions of yen | 55,461 | 48,873 | -11.9% |
| Net income per share | Yen | 227.11 | 203.28 | -10.5% |
Net sales
Higher sales, thanks to business expansion through accurate responses to clients' IT investment needs, including demand for digital transformation.
Operating income
Amid efforts to reinforce growth investment, TIS maintained measures to provide high-value-added services and boost productivity, leading to higher consolidated sales and income year on year.
Net income attributable to owners of the parent
A reactionary drop in extraordinary income, owing to a reduction in strategic stockholdings in fiscal 2023, was the main reason for a decrease in net income attributable to owners of the parent.
Consolidated Business Results by Business Segment (Fiscal 2024)
Net sales
|
|
Unit | Fiscal 2023 actual results (Year ended March 31, 2023) |
Fiscal 2024 actual results (Year ended March 31, 2024) |
YOY changes |
|---|---|---|---|---|
| Offering Service Business | Millions of yen | 111,752 | 130,759 | +17.0% |
| Business Process Management | Millions of yen | 43,255 | 41,953 | -3.0% |
| Financial IT Business | Millions of yen | 101,184 | 106,304 | +5.1% |
| Industrial IT Business | Millions of yen | 113,632 | 121,896 | +7.3% |
| Regional IT Solutions | Millions of yen | 160,010 | 172,376 | +7.7% |
| Other business | Millions of yen | 8,957 | 9,581 | +7.0% |
| Intersegment elimination/adjustments | Millions of yen | -30,394 | -33,866 | - |
Note: Sales by segment in the above chart include intersegment sales.
Operating income
|
|
Unit | Fiscal 2023 actual results (Year ended March 31, 2023) |
Fiscal 2024 actual results (Year ended March 31, 2024) |
YOY changes |
|---|---|---|---|---|
| Offering Service Business | Millions of yen | 6,426 | 7,659 | +19.2% |
| Business Process Management | Millions of yen | 5,123 | 4,551 | -11.2% |
| Financial IT Business | Millions of yen | 13,896 | 15,185 | +9.3% |
| Industrial IT Business | Millions of yen | 16,728 | 18,287 | +9.3% |
| Regional IT Solutions | Millions of yen | 19,343 | 18,497 | -4.4% |
| Other business | Millions of yen | 878 | 777 | -11.5% |
| Intersegment elimination/adjustments | Millions of yen | -67 | -390 | - |
Offering Service Business
Higher sales and higher income, largely due to wider IT investment in areas of payment settlement, platform and business management as well as positive impact of M&A activity. Overseas operations contributed to sales growth.
Business Process Management
Existing data entry business struggled, impacting segment results, leading to lower sales and lower income.
Financial IT Business
Higher sales and higher income, driven mainly by large-scale projects ordered in the first half of fiscal 2024 by core clients in credit card sector as well as public-sector financial institutions.
Industrial IT Business
Higher sales and higher income underpinned by wider IT investment across spectrum of client sectors, particularly manufacturing and distribution, as well as solid ERP demand.
Regional IT Solutions
Despite higher sales, reflecting wider IT investment in such sectors as healthcare, banking and network services, income decreased significantly, owing to impact from unprofitable projects.
※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.