Significant loss and substantial decline in equity

「当中間連結会計期間の業績は、物流ＤＸ事業において好採算案件の契約締結時期が当初想定より後ろ倒しとなったこと等により、売上高は95億27百万円（対前年同期比1.4％減）となり、利益面では、営業利益５億68百万円（同11.7％減）、経常利益６億15百万円（同13.0％減）、親会社株主に帰属する中間純利益は、３億61百万円（同18.2％減）となりました。」

「その結果、当連結会計年度の業績は、売上高は202億63百万円（前連結会計年度比1.6%増）、利益面でも、営業利益16億28百万円（同15.6%増）、経常利益18億12百万円（同18.5%増）、親会社株主に帰属する当期純利益は12億82百万円（同23.4%増）となりました。」

「その結果、当中間連結会計期間の業績は、前年度の受注減の影響で、売上高は96億65百万円（対前年同期比4.1％減）となり、利益面では、営業利益６億43百万円（同19.3％減）、経常利益７億７百万円（同17.4％減）、親会社株主に帰属する中間純利益は、４億41百万円（同21.1％減）となりました。」

「As a result, for the six months ended [the interim period], revenue increased 3.4% year on year to ¥10,081 million. In terms of earnings, operating income rose 11.4% to ¥797 million, ordinary income rose 11.5% to ¥856 million, and interim profit attributable to owners of the parent rose 18.2% to ¥559 million.」

「As a result, for the three months ended [the first quarter], revenue increased 14.7% year on year to ¥5,064 million. In terms of earnings, operating income rose 82.4% to ¥326 million, ordinary income rose 51.9% to ¥321 million, and quarterly profit attributable to owners of the parent rose 98.4% to ¥191 million.」

「As a result, for the fiscal year, revenue increased 20.8% year on year to ¥19,504 million. In terms of earnings, operating income rose 63.6% to ¥1,488 million, ordinary income rose 86.4% to ¥1,559 million, and profit attributable to owners of the parent rose 39.4% to ¥1,092 million. Results exceeded the targets for the second year of the medium-term management plan (2022-2024) and reached the target level for the third year.」

「As a result, for the nine months ended [the third quarter], revenue increased 35.6% year on year to ¥14,851 million. In terms of earnings, operating income increased 171.2% to ¥1,205 million, ordinary income increased 231.5% to ¥1,275 million, and quarterly profit attributable to owners of the parent increased 61.9% to ¥789 million. Total net assets at the end of the third quarter were ¥5,805 million, an increase of ¥760 million year on year.」

「As a result, for the six months ended [the second quarter], revenue increased 37.6% year on year to ¥9,749 million. In terms of earnings, operating income rose 411.8% to ¥715 million, ordinary income rose 691.0% to ¥767 million, and quarterly profit attributable to owners of the parent rose 55.5% to ¥473 million.」

「As a result, for the three months ended [the first quarter], revenue increased 38.4% year on year to ¥4,416 million. In terms of earnings, operating income was ¥179 million, compared with an operating loss of ¥35 million in the same quarter of the previous year; ordinary income was ¥211 million, compared with an ordinary loss of ¥57 million; and quarterly profit attributable to owners of the parent was ¥96 million, down 54.8% year on year.」

「As a result, for the fiscal year, revenue increased 17.7% year on year to ¥16,151 million. In terms of earnings, operating income rose 8.0% to ¥909 million and ordinary income rose 15.6% to ¥836 million. In addition, owing mainly to the recognition of extraordinary income associated with the transfer from a defined-benefit pension plan to a defined-contribution pension plan, including a ¥394 million gain on revision of the retirement benefit plan, profit attributable to owners of the parent increased 93.9% to ¥783 million. Revenue and profit therefore increased from the previous fiscal year.」

「As a result, for the nine months ended [the third quarter], revenue increased 12.7% year on year to ¥10,953 million. In terms of earnings, new capital investment for business expansion and other factors resulted in operating income falling 2.9% to ¥444 million, while ordinary income rose 11.7% to ¥384 million. Owing mainly to the recognition of extraordinary income associated with the transfer from a defined-benefit pension plan to a defined-contribution pension plan, including a ¥394 million gain on revision of the retirement benefit plan, quarterly profit attributable to owners of the parent increased 218.6% to ¥487 million.」

「As a result, for the six months ended [the second quarter], revenue increased 5.5% year on year to ¥7,083 million. In terms of earnings, new capital investment for business expansion and delays in development plans for systems for health insurance providers resulted in operating income falling 66.0% to ¥139 million and ordinary income falling 70.2% to ¥97 million. However, owing mainly to the recognition of extraordinary income associated with the transfer from a defined-benefit pension plan to a defined-contribution pension plan, including a ¥394 million gain on revision of the retirement benefit plan, quarterly profit attributable to owners of the parent increased 94.0% to ¥304 million.」

「As a result, for the three months ended [the first quarter], revenue increased 2.2% year on year to ¥3,190 million. In terms of earnings, increased capital investment for business expansion and other factors resulted in an operating loss of ¥35 million, compared with operating income of ¥104 million in the same quarter of the previous year, and an ordinary loss of ¥57 million, compared with ordinary income of ¥60 million. However, profit attributable to owners of the parent was ¥213 million, compared with a quarterly loss attributable to owners of the parent of ¥9 million in the same quarter of the previous year.」

「However, owing mainly to a substantial decline in internet and security-related products for the education sector after demand under the GIGA School Initiative had run its course, revenue for the fiscal year declined 5.2% year on year to ¥13,725 million. In terms of earnings, operating income fell 8.6% to ¥842 million, ordinary income fell 11.4% to ¥723 million, and profit attributable to owners of the parent fell 37.0% to ¥403 million.」

「As a result, for the nine months ended [the third quarter], the Business DX field grew from the same period of the previous year, but revenue declined 3.6% to ¥9,721 million owing mainly to lower embedded development for mechatronics equipment and lower IoT products for manufacturers following the impact of the company split and share transfer in July of the previous year, as well as lower internet and security-related products for the education sector after demand under the GIGA School Initiative had run its course. In terms of earnings, lower revenue and higher research and development expenses resulted in operating income falling 18.5% to ¥457 million, ordinary income falling 30.3% to ¥344 million, and quarterly profit attributable to owners of the parent falling 51.8% to ¥153 million.」

「As a result, for the six months ended [the second quarter], revenue increased 1.2% year on year to ¥6,714 million. In terms of earnings, operating income rose 78.4% to ¥411 million, ordinary income rose 57.4% to ¥325 million, and quarterly profit attributable to owners of the parent rose 26.9% to ¥156 million, all substantially exceeding the levels of the same quarter of the previous year.」

「As a result, for the three months ended [the first quarter], revenue increased 5.1% year on year to ¥3,122 million. In terms of earnings, operating income was ¥104 million, compared with an operating loss of ¥136 million in the same quarter of the previous year; ordinary income was ¥60 million, compared with an ordinary loss of ¥134 million; and the quarterly loss attributable to owners of the parent narrowed to ¥9 million, compared with a quarterly loss attributable to owners of the parent of ¥104 million. Results improved significantly from the same quarter of the previous year.」

「As a result, for the fiscal year, revenue increased 5.0% year on year to ¥14,481 million. In terms of earnings, operating income rose 57.6% to ¥921 million, ordinary income rose 39.4% to ¥817 million, and profit attributable to owners of the parent rose 69.6% to ¥641 million, all substantially exceeding the previous fiscal year.」

「For the nine months ended [the third quarter], orders were somewhat affected by one-time costs associated with the head office relocation and the pandemic. However, growth in the IoT Solutions segment, including increased demand for internet and security-related products resulting from the government-led promotion of ICT equipment adoption in educational settings, drove revenue up 2.1% year on year to ¥10,084 million. In terms of earnings, in addition to higher sales of internet and security-related products, the effects of productivity-improvement measures implemented in response to the pandemic drove operating income up 71.9% to ¥561 million, ordinary income up 50.8% to ¥494 million, and quarterly profit attributable to owners of the parent up 63.0% to ¥317 million, all substantially exceeding the levels of the same period of the previous year.」

「As a result, for the six months ended [the second quarter], orders in the education sector, particularly, were pushed back to the third quarter and beyond owing to the impact of COVID-19, and revenue declined 5.2% year on year to ¥6,632 million. In terms of earnings, although productivity-improvement measures implemented in response to the pandemic were effective, one-time costs associated with the head office relocation resulted in operating income falling 20.7% to ¥230 million, ordinary income falling 29.3% to ¥207 million, and quarterly profit attributable to owners of the parent falling 37.0% to ¥123 million.」

「As a result, for the three months ended [the first quarter], revenue increased 6.6% year on year to ¥2,970 million. In terms of earnings, one-time costs associated with the relocation of the head office resulted in an operating loss of ¥136 million, compared with operating income of ¥3 million in the same quarter of the previous year; an ordinary loss of ¥134 million, compared with ordinary income of ¥6 million; and a quarterly loss attributable to owners of the parent of ¥104 million, compared with quarterly profit attributable to owners of the parent of ¥11 million.」

「As a result, for the consolidated fiscal year, orders received were ¥13,667 million, down 8.1% year on year, and revenue was ¥13,794 million, up 10.8%. In terms of earnings, although some unprofitable projects arose among large-scale SI projects, the effects of ongoing productivity improvement initiatives and other measures resulted in operating profit of ¥585 million, up 27.3%, ordinary profit of ¥585 million, up 25.4%, and net income attributable to owners of the parent of ¥378 million, up 86.2%. The Company therefore made a strong start to the first year of its medium-term management plan.」

「As a result, for the nine months ended [the third quarter], revenue increased 15.1% year on year to ¥9,878 million, as both the Business Solutions and IoT Solutions segments grew. In terms of earnings, higher revenue and cost-reduction measures drove operating income up 169.6% to ¥326 million, ordinary income up 154.4% to ¥328 million, and quarterly profit attributable to owners of the parent up 152.9% to ¥194 million, representing a significant improvement from the same quarter of the previous year.」

「As a result, for the six months ended [the second quarter], revenue increased 12.5% year on year to ¥6,999 million, driven by strategic IT investment demand from customer companies, particularly domestic manufacturers. In terms of earnings, higher revenue and cost-reduction measures drove operating income up 15.7% to ¥290 million, ordinary income up 14.8% to ¥292 million, and quarterly profit attributable to owners of the parent up 28.1% to ¥196 million, representing an improvement from the same quarter of the previous year.」

「As a result, for the three months ended [the first quarter], revenue increased 17.5% year on year to ¥2,785 million. In terms of earnings, higher revenue resulted in operating income of ¥3 million, compared with an operating loss of ¥63 million in the same quarter of the previous year; ordinary income of ¥6 million, compared with an ordinary loss of ¥59 million; and quarterly profit attributable to owners of the parent of ¥11 million, compared with a quarterly loss attributable to owners of the parent of ¥75 million. Results improved significantly from the same quarter of the previous year.」

「For the fiscal year, orders increased 18.6% year on year to ¥14,866 million and revenue declined 0.3% to ¥12,451 million. In terms of earnings, improved profit margins drove operating income up 3.7% to ¥459 million and ordinary income up 4.9% to ¥467 million. However, owing mainly to an impairment loss on investment securities, profit attributable to owners of the parent fell 79.1% to ¥203 million.」

「As a result, for the nine months ended [the third quarter], revenue declined 4.4% year on year to ¥8,582 million due mainly to lower sales of information equipment, but improvements in profit margins resulting from increased in-house production and other factors drove operating income up 20.3% to ¥121 million, ordinary income up 25.3% to ¥128 million, and quarterly profit attributable to owners of the parent up 263.6% to ¥77 million. Net assets at the end of the third quarter were ¥2,801 million, an increase of ¥135 million year on year.」

「As a result, for the six months ended [the second quarter], revenue declined 5.3% year on year to ¥6,222 million, but improvements in profit margins resulting from increased in-house production and other factors drove operating income up 34.3% to ¥251 million, ordinary income up 34.9% to ¥255 million, and quarterly profit attributable to owners of the parent up 62.3% to ¥153 million.」

「As a result, for the three months ended [the first quarter], revenue declined 9.3% year on year to ¥2,370 million. Operating loss was ¥63 million, compared with an operating loss of ¥116 million in the same quarter of the previous year; ordinary loss was ¥59 million, compared with an ordinary loss of ¥115 million; and the quarterly loss attributable to owners of the parent was ¥75 million, compared with a quarterly loss attributable to owners of the parent of ¥108 million.」

「For the fiscal year, although the Business Solutions segment increased from the previous fiscal year, orders declined 5.4% to ¥12,540 million and revenue declined 7.0% to ¥12,484 million, due mainly to the time required for customers to fully implement the IoT Solutions segment's offerings and the decline associated with the sale of Yaskawa Information Embedded Corporation in the previous fiscal year. Operating income fell 49.5% to ¥443 million and ordinary income fell 49.2% to ¥445 million. However, owing to the additional recognition of deferred tax assets, profit attributable to owners of the parent increased 36.8% to ¥972 million.」

「For the nine months ended [the third quarter], although the Business Solutions segment increased from the previous fiscal year, revenue declined 2.4% year on year to ¥8,978 million due mainly to the time required for customers to fully implement the IoT Solutions segment's offerings and the decline associated with the sale of Yaskawa Information Embedded Corporation. Operating income fell 74.2% to ¥100 million, ordinary income fell 73.5% to ¥102 million, and profit attributable to owners of the parent fell 93.1% to ¥21 million. At the end of the third quarter, cash and cash equivalents stood at ¥2,337 million, an increase of ¥794 million from the end of the previous consolidated fiscal year.」

「As a result, for the six months ended the second quarter of the current consolidated fiscal year, net sales declined 0.3% year on year to ¥6.568 billion, mainly due to the sale of Yasukawa Information Embedded Corporation and other factors. Operating income was ¥187 million, down 54.2%; ordinary income was ¥189 million, down 53.5%; and quarterly net income attributable to owners of the parent was ¥94 million, down 57.3%.」

「As a result, for the three months ended the first quarter of the current consolidated fiscal year, net sales were ¥2.613 billion, up 6.1% year on year. The company recorded an operating loss of ¥116 million, compared with an operating loss of ¥62 million in the same quarter of the previous year; an ordinary loss of ¥115 million, compared with an ordinary loss of ¥63 million; and a quarterly net loss attributable to owners of the parent of ¥108 million, compared with a quarterly net loss attributable to owners of the parent of ¥187 million.」

「Net income attributable to owners of the parent was ¥711 million, compared with a net loss attributable to owners of the parent of ¥1.271 billion in the previous consolidated fiscal year.」

「Total net assets at the end of the third quarter of the current consolidated fiscal year were ¥696 million, an increase of ¥417 million year on year. This was mainly due to an increase of ¥305 million in retained earnings and an increase of ¥118 million in total accumulated other comprehensive income.」

「As a result, for the six months ended the second quarter of the current consolidated fiscal year, net sales were ¥6.589 billion, up 2.3% year on year. Profit increased substantially from the same quarter of the previous year, partly due to cost-cutting measures, with operating income of ¥408 million, compared with an operating loss of ¥68 million; ordinary income of ¥406 million, compared with an ordinary loss of ¥60 million; and quarterly net income attributable to owners of the parent of ¥220 million, compared with a quarterly net loss attributable to owners of the parent of ¥123 million.」

「The quarterly net loss attributable to owners of the parent was ¥187 million, compared with a quarterly net loss attributable to owners of the parent of ¥295 million in the same quarter of the previous year, partly due to the recognition of business structure improvement expenses and corporate income taxes for prior fiscal years.」