IT Services: Revenue Growth and a Significant Increase in Profit
First written in FY2016-Q3. 8 of 33 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-07-29.
1 other company's latest entry also says "Other".
- 2026-07-29OtherEarnings
「Ordinary income was ¥1,169 million, down 56.7% year on year, because the expansion of new areas such as finance did not grow as much as initially expected in addition to the decline in large systems-related projects for the finance and card sectors, and additional costs were recorded to bring unprofitable projects that arose in the first half toward resolution.」
IT services have been updated to reflect third-quarter cumulative results, including a decline in large projects for the finance and card sectors, failure to expand into new areas as expected, and additional costs for unprofitable projects. - FY2026-H1Updated with interim results showing higher revenue and lower profitAnnual report
「(IT services) During the interim consolidated accounting period, business grew in financial services, including payment-related projects, the public and electric power sectors, and private-sector services, including human resources and education services and core system-related services. Revenue (external revenue) increased 6.8% year on year to ¥39,009 million. However, the recognition of provisions for contract losses related to unprofitable system development projects resulted in ordinary profit of ¥1,665 million, down 16.7%.」
IT services posted higher revenue as financial and payment services, the public and electric power sectors, human resources and education services, and core system-related services grew, while ordinary profit fell 16.7% due to provisions for contract losses related to unprofitable projects. - FY2025-H1Updated with interim results showing higher revenue and lower profitAnnual report
「(IT services) During the interim consolidated accounting period, system renewal projects in the industrial and public sectors and services for human resources and education grew, but lower revenue from the financial and card sectors and unprofitable projects resulted in revenue (external revenue) of ¥36,523 million, up 1.2% year on year, and ordinary profit of ¥1,999 million, down 35.6%.」
The update was changed to interim results showing that IT services posted higher revenue as the industrial and public sectors grew, while ordinary profit declined 35.6% due to lower revenue from the financial and card sectors and unprofitable projects. - FY2024Updated with full-year results showing lower revenue and lower profitAnnual report
「(IT services) During the consolidated fiscal year, growth in system renewal projects in the industrial and public sectors was offset by a decline in large system-related projects for the financial and card sectors. Revenue (external revenue) was ¥69,942 million, down 2.4% year on year. In addition to the impact of lower revenue, upfront investments in system infrastructure renewal, personnel development and stepped-up hiring resulted in ordinary profit of ¥3,909 million, down 29.7%.」
IT services posted lower revenue and lower profit for the full year, as growth in the industrial and public sectors was offset by a decline in large projects for the financial and card sectors and upfront investments. - FY2024-Q2Updated with second-quarter results showing lower revenue and profitAnnual report
「(IT services) During the cumulative second quarter, system renewal projects in the industrial and public sectors grew, but the decline in revenue from the financial and card sectors resulted in revenue (external revenue) of ¥36,101 million, down 2.7% year on year, and ordinary profit of ¥3,104 million, down 16.7%.」
The update was changed from the previous results showing higher revenue and higher profit driven by growth in the financial and card sectors to cumulative second-quarter results showing lower revenue and lower profit, as growth in system renewal projects in the industrial and public sectors was offset by lower revenue from the financial and card sectors. - FY2024-Q1Updated with first-quarter results showing lower revenue and lower profitAnnual report
「(IT services) During the cumulative first quarter, growth in system renewal projects for private-sector companies was offset by delays in the timing of revenue recognition in the financial and card sectors. Revenue (external revenue) was ¥18,105 million, down 2.7% year on year, and ordinary profit was ¥1,437 million, down 17.1%.」
The update was changed from the previous results showing higher revenue and higher profit driven by growth in projects in the financial and card sectors to first-quarter results showing lower revenue and lower profit, as system renewal projects for private-sector companies grew but revenue in the financial and card sectors was delayed. - FY2023AdvancedAnnual report
「(IT Services) During the consolidated fiscal year, various systems development projects in the finance and cards fields, including systems infrastructure renewal projects for financial institutions, contributed to revenue. Net sales (external sales) were ¥71,663 million, up 5.3% year on year, and ordinary profit was ¥5,560 million, up 4.9%.」
IT services posted higher revenue and higher profit for the full year, supported by projects including system infrastructure renewal projects for the financial sector. - FY2023-Q3AdvancedAnnual report
「(IT Services) During the 3rd quarter of the consolidated cumulative period, systems infrastructure renewal projects for financial institutions and other projects contributed to revenue. Net sales (external sales) were ¥54,211 million, up 6.7% year on year, and ordinary profit was ¥4,691 million, up 11.2%.」
Supported by system infrastructure renewal projects for financial institutions, IT services posted cumulative third-quarter revenue of ¥54,211 million and ordinary profit of ¥4,691 million, representing year-on-year increases of 6.7% and 11.2%, respectively. - FY2023-Q2AdvancedAnnual report
「(IT Services) During the 2nd quarter of the consolidated cumulative period, project revenue grew as the finance and cards fields expanded further. Net sales (external sales) were ¥37,088 million, up 8.9% year on year, and ordinary profit was ¥3,728 million, up 19.8%.」
IT services progressed to results showing higher revenue and higher profit, with revenue up 8.9% year on year and ordinary profit up 19.8%, driven by further expansion in the financial and card sectors. - FY2023-Q1Updated with first-quarter results showing higher revenue and higher profitAnnual report
「(IT Services) During the 1st quarter of the consolidated cumulative period, project revenue grew as the finance and cards fields expanded. Net sales (external sales) were ¥18,613 million, up 14.0% year on year, and ordinary profit was ¥1,734 million, up 29.8%.」
The update was changed from cumulative third-quarter results to first-quarter results. IT services posted higher revenue and higher profit as the financial and card sectors expanded, with revenue and ordinary profit exceeding the same period of the previous year. - FY2022-Q3Updated with third-quarter results showing higher revenue and higher profitAnnual report
「(IT services) During the cumulative third quarter, projects including system infrastructure renewal projects for financial institutions contributed to revenue. Revenue (external revenue) was ¥50,824 million, compared with ¥46,667 million in the same period of the previous year, while ordinary profit was ¥4,220 million, compared with ¥2,419 million.」
For IT services, the results were updated to show revenue and ordinary profit exceeding the previous year's level, supported by system infrastructure renewal projects for financial institutions. - FY2022-Q2Updated with second-quarter results showing higher revenue and higher profitAnnual report
「(IT Services) During the 2nd quarter of the consolidated cumulative period, project revenue grew as the finance and cards fields expanded further. Net sales (external sales) were ¥34,044 million, compared with ¥31,524 million in the same period of the previous year, and ordinary profit was ¥3,113 million, compared with ¥2,197 million.」
IT services posted revenue of ¥34,044 million and ordinary profit of ¥3,113 million as the financial and card sectors expanded, resulting in higher revenue and higher profit year on year. - FY2022-Q1Updated with first-quarter segment performanceAnnual report
「(IT Services) During the 1st quarter of the consolidated cumulative period, project revenue grew as the finance and cards fields expanded. Net sales (external sales) were ¥16,323 million, compared with ¥13,550 million in the same period of the previous year, and ordinary profit was ¥1,336 million, compared with profit of ¥438 million in the same period of the previous year.」
The update was changed from full-year and cumulative third-quarter results to first-quarter results. As the financial and card sectors expanded, projects generating revenue grew, resulting in revenue and ordinary profit. - FY2021-Q3AdvancedAnnual report
「(IT services) During the cumulative third quarter, projects including system infrastructure renewal projects for financial institutions contributed to revenue. Revenue (external revenue) was ¥46,667 million, up 11.7% year on year. The increase in revenue absorbed higher expenses related to strengthening corporate functions and upfront investments, resulting in ordinary profit of ¥2,419 million, up 13.9% year on year.」
Supported by system infrastructure renewal projects for financial institutions, IT services posted an 11.7% increase in revenue and a 13.9% increase in ordinary profit. Higher expenses related to strengthening corporate functions and upfront investments were absorbed, resulting in higher profit. - FY2021-Q2Updated with second-quarter results showing higher revenue and higher profitAnnual report
「(IT services) During the cumulative second quarter, projects including system infrastructure renewal projects for financial institutions contributed to revenue. Revenue (external revenue) was ¥31,524 million, up 4.1% year on year. The increase in revenue absorbed higher expenses related to strengthening corporate functions and upfront investments, resulting in ordinary profit of ¥2,197 million, up 1.2% year on year.」
IT services posted higher revenue, supported by system infrastructure renewal projects for financial institutions, while ordinary profit also increased 1.2% year on year after absorbing higher expenses related to strengthening corporate functions and upfront investments. - FY2021-Q1Updated with first-quarter results showing higher revenue and lower profitAnnual report
「(IT Services) During the 1st quarter of the consolidated cumulative period, project revenue grew as the finance and cards fields expanded, but higher expenses resulted in net sales (external sales) of ¥13,550 million, up 6.2% year on year, and ordinary profit of ¥438 million, down 29.6%.」
IT services posted higher revenue as the financial and card sectors expanded, while ordinary profit fell 29.6% year on year due to higher expenses. - FY2020AdvancedAnnual report
「(IT Services) During the fiscal year, expansion in projects in the financial and card sectors resulted in net sales (external sales) of ¥57,438 million, up 2.7% year on year. Ordinary profit increased 32.9% to ¥3,092 million, due in part to the reversal of the provision for loss on orders related to the project involving quality issues.」
IT services posted a 2.7% increase in revenue and a 32.9% increase in ordinary profit, reflecting growth in projects in the financial and card sectors and the reversal of provisions for projects with quality issues. - FY2020-Q3Updated with third-quarter segment performanceAnnual report
「(IT Services) During the nine months ended the third quarter, system development projects for the financial sector and other projects contributed to revenue. Net sales (external sales) increased 2.1% year on year to ¥41,762 million. Ordinary profit increased 92.9% to ¥2,125 million, representing a substantial improvement from the same period of the previous year, when an additional loss was recorded for a project involving quality issues.」
The results were updated from the six months ended the second quarter to the nine months ended the third quarter. IT Services reported higher revenue due to contributions from system development projects for the financial sector, while ordinary profit increased 92.9% year on year. - FY2020-Q2AdvancedAnnual report
「(IT Services) During the six months ended the second quarter, system development projects for financial institutions and other projects contributed to revenue. Net sales (external sales) increased 7.6% year on year to ¥30,282 million. Ordinary profit increased 114.3% to ¥2,171 million, representing a substantial improvement from the same period of the previous year, when an additional loss was recorded for a project involving quality issues.」
IT Services reported higher revenue due to contributions from system development projects for financial institutions, while ordinary profit increased 114.3% year on year. The description presents specific improvement from the same period of the previous year, when an additional loss was recorded for a project involving quality issues. - FY2020-Q1AdvancedAnnual report
「(IT Services) During the three months ended the first quarter, system development projects for financial institutions and other projects contributed to revenue. Net sales (external sales) increased 1.2% year on year to ¥12,764 million. Ordinary profit was ¥623 million, compared with an ordinary loss of ¥392 million in the same period of the previous year, representing a substantial improvement from the previous year, when an additional loss was recorded for a project involving quality issues.」
IT Services reported higher revenue due to contributions from system development projects for financial institutions and moved from an ordinary loss to ordinary profit of ¥623 million. The description presents specific improvement from the same period of the previous year, when an additional loss was recorded for a project involving quality issues. - FY2019Updated to the full-year segment resultsAnnual report
「(IT Services) During the fiscal year, the negative impact following the completion of multiple system development projects and revisions to major customers' large-scale development plans resulted in net sales (external sales) of ¥55,930 million, down 1.5% year on year. Ordinary profit, however, increased 13.4% to ¥2,325 million, due in part to the reversal of the provision for loss on orders recorded in the previous fiscal year.」
IT Services reported lower full-year revenue, while ordinary profit increased 13.4% year on year. - FY2019-Q3Updated with third-quarter results showing lower revenue and profitAnnual report
「(IT Services) During the nine months ended the third quarter, the negative impact following the completion of multiple system development projects and other factors resulted in net sales (external sales) of ¥40,886 million, down 2.9% year on year. In addition to the impact of lower revenue, ordinary profit declined 42.8% to ¥1,101 million due to an additional loss recorded in connection with the project involving quality issues.」
IT Services reported a 2.9% decline in net sales due to the negative impact following the completion of multiple system development projects and other factors, while the additional loss related to the project involving quality issues contributed to a 42.8% decline in ordinary profit. - FY2019-Q2Updated with second-quarter results showing lower revenue and profitAnnual report
「(IT Services) During the six months ended the second quarter, revenue declined due to the negative impact following the completion of multiple system development projects and lost opportunities resulting from responses to a project involving quality issues. Net sales (external sales) were ¥28,135 million, down 6.4% year on year. In addition to the impact of lower revenue, ordinary profit declined 55.8% to ¥1,013 million due to an additional loss recorded in the first quarter in connection with the project involving quality issues.」
IT Services reported a 6.4% year-on-year decline in net sales and a 55.8% decline in ordinary profit. Responses to the project involving quality issues and the additional loss continued to be factors behind the declines in revenue and profit. - FY2019-Q1Updated with first-quarter results showing lower revenue and a lossAnnual report
「(IT Services) During the three months ended the first quarter, revenue declined due to lost opportunities resulting from responses to a project involving quality issues that arose in the previous fiscal year and other factors. Net sales (external sales) were ¥12,611 million, down 3.3% year on year. In addition, the customer indicated its intention to discontinue development of the project's core components. The company entered into an agreement with the customer to cancel those components and held discussions regarding responses associated with the cancellation and a review of the contract for the remaining components. As a result, an additional loss of ¥812 million was recorded. Consequently, the company recorded an ordinary loss of ¥392 million, compared with ordinary profit of ¥445 million in the same period of the previous year.」
For IT Services, net sales declined 3.3% year on year due to responses to a project involving quality issues and other factors, while the customer's intention to discontinue development of the core components, the cancellation agreement and the recording of an additional loss of ¥812 million resulted in an ordinary loss. - FY2018-Q3Updated with third-quarter results showing higher revenue and lower profitAnnual report
「(IT Services) During the nine months ended the third quarter, projects including credit-data analysis and risk measurement for financial institutions and system integration projects for credit card companies continued to contribute to revenue. Net sales (external sales) increased 3.1% year on year to ¥42,127 million. Ordinary profit, however, declined 24.9% to ¥1,924 million due to upfront spending for new-business development and the recording of a provision for loss on orders.」
Projects for financial institutions and credit card companies resulted in a 3.1% increase in net sales, while upfront spending for new-business development and the recording of a provision for loss on orders resulted in a 24.9% decline in ordinary profit. - FY2018-Q2Updated with second-quarter segment performanceAnnual report
「(IT Services) During the six months ended the second quarter, credit-data analysis and risk-measurement projects for financial institutions, system integration projects for credit card companies, and fee-calculation system development projects for power companies contributed to revenue. Net sales (external sales) increased 6.2% year on year to ¥30,070 million, while ordinary profit increased 5.2% to ¥2,289 million.」
The results were updated from the first quarter to the six months ended the second quarter. Contributions from projects for financial institutions, credit card companies and power companies resulted in a 6.2% year-on-year increase in net sales and a 5.2% increase in ordinary profit. - FY2018-Q1Updated with first-quarter segment performanceAnnual report
「(IT Services) During the three months ended the first quarter, system implementation projects for megabanks, system integration projects for credit card companies, and fee-related system development projects for power companies contributed to revenue. Net sales (external sales) increased 4.7% year on year to ¥13,037 million, while ordinary profit declined 17.0% to ¥445 million.」
The description was updated from full-year segment performance to first-quarter performance. Projects for megabanks, credit card companies and power companies contributed to a 4.7% increase in net sales, while ordinary profit declined 17.0%. - FY2017Updated to the full-year segment resultsAnnual report
「System implementation and credit-data analysis and risk-measurement projects for megabanks, system integration projects for credit card companies, and fee-calculation system development projects for power companies contributed to revenue. As a result, net sales (external sales) increased 5.3% year on year to ¥56,736 million, while ordinary profit increased 40.7% to ¥4,125 million.」
The results were updated from the nine months ended the third quarter to the full year, with IT Services reporting a 5.3% increase in net sales and a 40.7% increase in ordinary profit. - FY2017-Q3Updated with third-quarter segment performanceAnnual report
「(IT Services) During the 3rd quarter of the consolidated cumulative period, credit data analysis and risk measurement projects for financial institutions, systems integration projects for credit card companies, and billing system development projects for electric power companies contributed to revenue. Net sales (external sales) were ¥40,846 million, up 4.5% year on year, and ordinary profit was ¥2,563 million, up 13.5%.」
The results were updated from the six months ended the second quarter to the nine months ended the third quarter, with IT Services reporting a 4.5% increase in net sales and a 13.5% increase in ordinary profit. - FY2017-Q2Updated with second-quarter segment performanceAnnual report
「(IT Services) During the 2nd quarter of the consolidated cumulative period, credit data analysis and risk measurement projects for financial institutions, systems integration projects for credit card companies, and billing system development projects for electric power companies contributed to revenue. Net sales (external sales) were ¥28,309 million, up 3.8% year on year, and ordinary profit was ¥2,177 million, up 13.0%.」
The results were updated from the first quarter to the six months ended the second quarter, with IT Services reporting a 3.8% increase in net sales and a 13.0% increase in ordinary profit. - FY2017-Q1AdvancedAnnual report
「(IT Services) During the 1st quarter of the consolidated cumulative period, systems integration projects for credit card companies and billing system development projects for electric power companies contributed to revenue. Net sales (external sales) were ¥12,455 million, up 9.6% year on year, and ordinary profit was ¥536 million, up 122.1%.」
For IT Services, the first-quarter results show a 9.6% year-on-year increase in net sales and a 122.1% increase in ordinary profit, representing specific results of higher revenue and profit. - FY2016Full-year revenue and profit growthAnnual report
「System implementation and individual risk management projects for megabanks, equipment replacement and large-scale system integration projects for credit card companies, and system development projects for power companies responding to electricity market liberalization contributed to revenue. As a result, net sales (external sales) increased 7.1% year on year to ¥53,889 million, while ordinary profit increased 31.4% to ¥2,931 million.」
For IT Services, the results were updated from the cumulative quarterly period to the full year, showing higher revenue and substantially higher profit. - FY2016-Q3First statedAnnual report
「During the 3rd quarter of the consolidated cumulative period, systems construction projects for megabanks, equipment renewal and large-scale systems integration projects for credit card companies, and systems development projects for electric power companies in response to electricity deregulation contributed to revenue. Net sales (external sales) were ¥39,097 million, up 5.2% year on year, and ordinary profit was ¥2,259 million, up 87.1%.」
Specific system projects contributed to a 5.2% year-on-year increase in IT Services net sales and an 87.1% increase in ordinary profit.