Continued Increases in Revenue and Profit and Successive Record Highs

「Revenue increased 4.9% year on year, driven by growth in the cloud platform businesses, including Microsoft, Salesforce and Databricks, and the conversion of HIT into a consolidated subsidiary. Net income attributable to owners of the parent increased 3.9% year on year.」

「Revenue increased 4.8% year on year despite the completion of major cloud consulting projects and the impact of a shortage of engineers, particularly project managers, supported by growth in the data management and AI platform development businesses and the conversion of HIT into a consolidated subsidiary.」

「Revenue increased 6.3% year on year, supported by a further shift toward digital-related businesses, efforts to expand sales activities by strengthening collaboration with platform operators and tool vendors, increased demand related to the financial sector, a recovery in mid-career hiring, an improved employee attrition rate, and an increase in engineers supplied by partner companies.」

「As a result, the performance of our Group for the interim consolidated period was as follows.」

「Revenue increased 17.7% year on year, supported by a further shift toward DX-related businesses, efforts to expand sales activities by strengthening collaboration with platform operators and tool vendors, the improved contribution of new graduate employees and existing employees who had undergone reskilling, double-digit growth in securing resources from partner companies, and the contribution of M&A.」

「As a result, the performance of our Group for the nine-month consolidated period was as follows.」

「Revenue increased 19.3% year on year, supported by a further shift toward DX-related businesses, efforts to expand sales activities by strengthening collaboration with platform operators and tool vendors, the improved contribution of employees hired in the previous consolidated fiscal year, double-digit growth in securing resources from partner companies, and the contribution of M&A. Gross profit increased 16.3% year on year. Although personnel expenses were raised substantially to improve employee satisfaction, this was offset by higher revenue per employee resulting from stronger proposal capabilities, improved service quality and productivity, the expansion of consulting operations, a shift toward growth areas, and progress in making new graduate employees revenue-generating. Operating profit increased 12.5% year on year, while net income attributable to owners of the parent increased 5.5%.」

「Quarterly net income attributable to owners of the parent increased 16.7% year on year.」

「Revenue increased 17.1% year on year, marking the 13th consecutive period of revenue growth, due to initiatives including a further shift toward DX-related businesses and the promotion of sales activities through stronger collaboration with platform providers and tool vendors, as well as the contribution from Software Creation. Operating profit decreased 5.6% year on year due to upfront investments for further growth, including increased recruitment costs associated with hiring more new graduates and experienced personnel, as well as the immediate amortization of goodwill associated with the conversion of Software Creation into a consolidated subsidiary during the first quarter of the consolidated fiscal year.」

「Revenue increased 17.1% year on year, marking the twelfth consecutive period of growth, supported by a further shift toward DX-related businesses, efforts to expand sales activities by strengthening collaboration with platform operators and tool vendors, and the contribution of Software Creation. Operating profit declined 11.6% year on year due to upfront investments for further growth, including higher recruitment costs from increased hiring of new graduates and mid-career employees, as well as the immediate amortization in the first quarter of goodwill arising from the conversion of Software Creation into a consolidated subsidiary.」

「As a result of initiatives to address these changes in the operating environment, revenue for the first quarter of the consolidated fiscal year effectively increased for the twelfth consecutive period and reached a record high, driven by the promotion of the DX business, although gross profit declined due to a substantial increase in personnel expenses and higher costs associated with business expansion.」

「As a result of initiatives to address these changes in the operating environment, revenue for the consolidated fiscal year effectively increased for the twelfth consecutive period, while gross profit increased for the eleventh consecutive period and reached a record high, driven by the promotion of the DX business.」

「As a result of initiatives to address these changes in the operating environment, revenue for the nine-month consolidated period effectively increased for the twelfth consecutive period, while gross profit increased for the tenth consecutive period and reached a record high.」

「As a result of initiatives to address these changes in the operating environment, revenue for the first six months of the consolidated fiscal year effectively increased for the eleventh consecutive period, while gross profit achieved a V-shaped recovery and reached a record high for the first time in 2 periods.」

「As a result of initiatives to address these changes in the operating environment, revenue for the first quarter of the consolidated fiscal year effectively increased for the eleventh consecutive period, while gross profit achieved a V-shaped recovery and reached a record high for the first time in 2 periods, driven by the promotion of the DX business.」

「As a result of initiatives to address these changes in the operating environment, revenue for the consolidated fiscal year effectively increased for the eleventh consecutive period, while gross profit increased for the tenth consecutive period and reached a record high, driven by the promotion of the DX business.」

「As a result of initiatives to address these changes in the operating environment, revenue for the nine-month consolidated period increased effectively for the eleventh consecutive period, while gross profit increased for the ninth consecutive period and reached a record high, driven by the promotion of the DX business.」

「Although revenue was affected by the spread of the coronavirus disease, it reached a record high after increasing 3.6%, effectively for the tenth consecutive period, as a result of further shifting into DX-related businesses and promoting sales activities.」

「Although revenue was affected by the spread of coronavirus infections, it increased for the tenth consecutive period and reached a record high. In contrast, quarterly net income attributable to owners of the parent declined year on year.」

「As noted above, revenue increased for the tenth consecutive period, driven by substantial growth in the Cloud Solutions and Digital Solutions businesses, reaching a record high. Net income attributable to owners of the parent also increased for the ninth consecutive period and reached a record high. Although some unprofitable projects arose, higher revenue per employee, driven by stronger proposal capabilities, improved service quality and productivity, and the expansion of consulting operations, absorbed upfront investments to expand and strengthen the business, including higher personnel expenses, increased hiring, additional office space and upgrades to internal systems.」

「As a result, the Cloud Solutions and Digital Solutions businesses grew substantially, and revenue increased for the tenth consecutive quarter, reaching a record high for a third quarter. Net income attributable to owners of the parent also increased for the eighth consecutive quarter and reached a record high. Higher revenue per employee, driven by stronger proposal capabilities, improved service quality and productivity, and the expansion of consulting operations, absorbed upfront investments to expand and strengthen the business, including higher personnel expenses, increased hiring, additional office space and upgrades to internal systems.」

「As noted above, revenue increased substantially in the Cloud Solutions and Digital Solutions businesses, resulting in the ninth consecutive quarter of revenue growth and record-high revenue for a second quarter. Net income attributable to owners of the parent also increased for the ninth consecutive quarter and reached a record high. This reflected higher revenue per employee, driven by stronger proposal capabilities, improved service quality and productivity, and the expansion of consulting operations, which absorbed upfront investments to expand and strengthen the business, including higher personnel expenses, increased hiring, additional office space and upgrades to internal systems.」

「Revenue increased for the ninth consecutive first quarter and reached a record high, supported by substantial growth in the cloud and big data/AI businesses, which have high market growth rates, and contributions from subsidiaries consolidated in the current fiscal year. Quarterly net income attributable to owners of the parent increased for the second consecutive period and also reached a record high. Higher revenue per employee resulting from an active shift into growth areas, increased project volume, and the elimination of unprofitable projects through rigorous estimation and project management processes absorbed higher labor costs and costs for hiring, education and training.」

「Revenue increased for the ninth consecutive period and reached a record high, driven by substantial growth in businesses in the digital transformation field, including cloud and big data. Net income attributable to owners of the parent increased for the eighth consecutive period and also reached a record high. Higher revenue per employee resulting from stronger proposal capabilities, improved service quality and productivity, and expansion of consulting services through a focus on proposals and orders from the upstream phases, together with the elimination of unprofitable projects through rigorous estimation and project management processes, operational efficiencies from the merger, and lower indirect costs following the transfer of a consolidated subsidiary, absorbed higher labor costs and costs for reinforcing personnel and providing education and training.」

「As a result, all 4 businesses—groupware solutions, ERP solutions, web solutions and network services—grew steadily, supported by substantial growth in the cloud, big data/AI and ERP core-systems businesses and growth in the new RPA and IoT businesses. Revenue increased for the ninth consecutive third quarter and reached a record high. Quarterly net income attributable to owners of the parent increased for the seventh consecutive third quarter and also reached a record high. Higher revenue per employee resulting from stronger proposal capabilities, improved service quality and productivity, and expansion of consulting services through a focus on proposals and orders from the upstream phases, together with the elimination of unprofitable projects through rigorous estimation and project management processes and lower indirect costs following the merger and transfer of a consolidated subsidiary, drove the increase.」

「As a result, all 4 businesses—groupware solutions, ERP solutions, web solutions and network services—grew steadily, supported by the expansion of the cloud and big data/AI businesses, substantial growth in the ERP core-systems business, and growth in the new RPA business, which automates operations using software robots. Revenue increased for the eighth consecutive second quarter and reached a record high. Quarterly net income attributable to owners of the parent increased for the eighth consecutive second quarter and also reached a record high, driven by higher revenue per employee from orders for consulting services such as cloud business consulting, expansion of businesses in the digital transformation field, increased project volume, the elimination of unprofitable projects through rigorous estimation and project management processes, operational efficiencies from the merger, and lower indirect costs following the transfer of a consolidated subsidiary.」

「Revenue increased for the eighth consecutive first quarter and reached a record high, driven by the expansion of the cloud and big data/AI businesses, which have high market growth rates, the steady growth of the ERP core-systems business, and growth in the RPA business, a new technology area that became more established than in the previous year. Quarterly net income attributable to owners of the parent also increased for the fifth consecutive first quarter and reached a record high. The shift into new growth areas, expansion of upstream businesses such as consulting, higher revenue per employee, increased project volume, and the elimination of unprofitable projects through rigorous estimation and project management processes absorbed higher costs for hiring, education and training, and internal IT investment.」

「Revenue increased for the eighth consecutive period and reached a record high, supported by the expansion of the cloud and big data/AI businesses, initiatives involving new technologies such as AI and RPA, and the results of Comet Co., Ltd., which became a consolidated subsidiary in October 2016. Net income attributable to owners of the parent increased for the seventh consecutive period and also reached a record high, as higher revenue per employee under the ongoing value-added strategy, increased project volume, and the elimination of unprofitable projects through rigorous estimation and project management processes absorbed higher costs for reinforcing personnel and providing education and training.」

「Revenue increased for the eighth consecutive third-quarter cumulative period and reached a record high, mainly due to the expansion of the cloud and big data businesses, which have high market growth rates, and active initiatives involving new technologies such as AI and RPA. Higher revenue per employee under the ongoing value-added strategy, profit growth from business expansion, and the elimination of unprofitable projects through rigorous estimation and project management processes absorbed higher labor costs and selling, general and administrative expenses resulting from the increase in consolidated subsidiaries. As a result, quarterly net income attributable to owners of the parent increased for the sixth consecutive third-quarter cumulative period and also reached a record high.」

「Revenue increased for the seventh consecutive second-quarter cumulative period and reached a record high, mainly due to the expansion of the cloud and big data businesses, which have high market growth rates, and active initiatives involving new technologies such as AI and RPA. Higher revenue per employee under the ongoing value-added strategy and profit growth from business expansion absorbed increases in labor and other costs. As a result, quarterly net income attributable to owners of the parent increased for the sixth consecutive second-quarter cumulative period and also reached a record high.」

「Revenue increased 27.9% year on year, marking the seventh consecutive increase for a first quarter, mainly due to the expansion of the cloud and big data businesses, which have high market growth rates, and initiatives involving new technologies such as AI and RPA. Although higher revenue per employee under the ongoing value-added strategy and profit growth from business expansion absorbed increases in labor and other costs, quarterly net income attributable to owners of the parent declined 3.1% year on year due to the higher tax burden.」

「Revenue increased for the seventh consecutive third-quarter cumulative period and reached a record high, supported mainly by the expansion of the cloud business, which has a high market growth rate, increased orders in the financial sector, initiatives involving new technologies such as big data, and the results of J-Mode Enterprise Co., Ltd., which became a consolidated subsidiary in April, and Comet Holdings Co., Ltd., which became a consolidated subsidiary in October. Net income attributable to owners of the parent also increased for the fifth consecutive third-quarter cumulative period and reached a record high. Higher revenue per employee under the ongoing value-added strategy and profit growth from business expansion absorbed higher labor costs and selling, general and administrative expenses resulting from the increase in consolidated subsidiaries.」

「As a result, the Group achieved double-digit growth in revenue and all profit measures during the second quarter of the current consolidated cumulative period. Revenue increased for the sixth consecutive second-quarter cumulative period and reached a record high. Net income attributable to owners of the parent increased for the fifth consecutive second-quarter cumulative period and also reached a record high, driven by higher revenue per employee under the ongoing value-added strategy and profit growth from business expansion.」

「Revenue increased for the sixth consecutive first quarter, supported mainly by the expansion of the cloud business, which has a high market growth rate, increased orders in the financial sector, initiatives involving new technologies such as big data, and the results of J-Mode Enterprise Co., Ltd., which became a consolidated subsidiary in April. Net income attributable to owners of the parent reached a record high for a first quarter. Higher revenue per employee under the ongoing value-added strategy and profit growth from business expansion absorbed higher labor costs and selling, general and administrative expenses resulting from the increase in consolidated subsidiaries.」

「Revenue increased 15.1% year on year, marking 6 consecutive periods of growth. Net income attributable to owners of the parent increased 28.4% year on year, marking 5 consecutive periods of growth and a record high, driven by higher revenue per employee under the ongoing value-added strategy and profit growth from business expansion.」