Komori
Results presentation4012AXIS CO.,LTD.Information and Communications, Services and Others

Supplementary Materials to the Financial Results for the Six Months Ended December 2024

For the six months ended December 2024, revenue and operating income both exceeded the year-earlier period, with revenue reaching a record high. The full-year forecast remains unchanged from the beginning of the fiscal year, and progress for the first half is considered solid.

Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
83
Millions of yen (year-on-year increase in operating profit)
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Supplementary materials to the earnings reportSecond quarter of the fiscal year ended December 202413 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,649 million+17.0%
Operating profit¥415 million+25.2%
Ordinary income¥427 million+24.7%
Net income¥274 million+23.0%
Gross Profit Margin
Rate26.2%
Year-on-year change (points)+0.1p
Operating profit margin
Rate11.4%
Year-on-year change (points)+0.8p
Results for the three months of the current quarter
Net Sales
¥1,843 million
Operating profit
¥196 million
Full-year earnings forecast
Net Sales
¥7,504 million
Gross profit
¥1,944 million
Operating profit
¥752 million
Ordinary income
¥765 million
Net income for the current fiscal year
¥526 million
Earnings per share
¥125.11
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales48.6%
Gross profit49.2%
Operating profit55.2%
Ordinary income55.9%
Interim net profit52.2%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
通期予想に対する進捗も順調に推移
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Impact of higher revenue¥351 million
  • エンジニア数増加に伴う人件費・外注費など
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Number of SI projects330 Engagements
  • Average revenue per SI project¥21,606 thousand
  • Revenue per SI employee¥14,731 thousand
  • Number of KITARO contracts8,615 Units
New initiatives
  • ITコンサルティングへのシフトとコンサル営業の強化
  • 高収益案件・クラウド化導入支援など成長領域への注力
  • KITAROの機能アップと新たな社会課題解決型サービスの提供開始予定
  • 中小企業向けデジタルコンサルティングサービス『まるっとアクシス』の展開
Key KPIsA metric the company considers important as a management benchmark.
  • SI受注残高¥1,742 million
    Year on year against the same period last year+33.2%
  • Revenue per SI employee¥7,584 thousand
    Year on year against the same period last year+6.8%
  • Number of KITARO contracts8,743 Units
    Year on year against the same period last year+7.5%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Number of SI projects330 Engagements
    Year on year against the same period last year+6.1%（通期見通し）
  • Average revenue per SI project¥21,606 thousand
    Year on year against the same period last year+7.9%（通期見通し）
  • Revenue per SI employee¥14,731 thousand
    Year on year against the same period last year+0.5%（通期見通し）
Segment results
Systems Integration Business
Net Sales
¥3,443 million
Year on year against the same period last year+16.6%
IT Services Business
Net Sales
¥206 million
Year on year against the same period last year+25.8%
Medium-term management plan targets
Target毎期5%増配
Comparison with actual results2024年12月期は1株当たり25円を予想
Financial targets
Operating profit margin
Target value10.0%
Actual value11.4%（2024年12月期第2四半期）
Equity ratio
Actual value74.2%
Market Size / Share
DXの必要性を認識71.9%
今後DXに取り組む意向48.2%
Orders received and order backlog
Order backlog
¥1,742 million
Annual Dividend
Annual dividend per share¥25
Payout ratio
20.0%
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings report
Fiscal Period CoveredSecond quarter of the fiscal year ended December 2024
Net Sales¥3,649 million (YoY +17.0%)
Operating profit¥415 million (YoY +25.2%)
Ordinary income¥427 million (YoY +24.7%)
Net income¥274 million (YoY +23.0%)
Gross Profit MarginRate 26.2% / Year-on-year change (points) +0.1p
Operating profit marginRate 11.4% / Year-on-year change (points) +0.8p
Results for the three months of the current quarterNet Sales ¥1,843 million / Operating profit ¥196 million
Full-year earnings forecastNet Sales ¥7,504 million / Gross profit ¥1,944 million / Operating profit ¥752 million / Ordinary income ¥765 million / Net income for the current fiscal year ¥526 million / Earnings per share ¥125.11
Progress against full-year forecastNet Sales 48.6% / Gross profit 49.2% / Operating profit 55.2% / Ordinary income 55.9% / Interim net profit 52.2%
Self-assessment against the plan通期予想に対する進捗も順調に推移
Segment resultsSystems Integration Business Net Sales ¥3,443 million / yoy_pct 16.6 / IT Services Business Net Sales ¥206 million / yoy_pct 25.8
Breakdown of Factors Affecting the ChangeFactors Impact of higher revenue / Amount ¥351 million, Factors エンジニア数増加に伴う人件費・外注費など / Amount Not disclosed
Key KPIsIndicator name SI受注残高 / Value ¥1,742 million / Year on year against the same period last year +33.2%, Indicator name Revenue per SI employee / Value ¥7,584 thousand / Year on year against the same period last year +6.8%, Indicator name Number of KITARO contracts / Value 8,743 Units / Year on year against the same period last year +7.5%
Unit price and quantity metricsIndicator name Number of SI projects / Value 330 Engagements / Year on year against the same period last year +6.1%（通期見通し）, Indicator name Average revenue per SI project / Value ¥21,606 thousand / Year on year against the same period last year +7.9%（通期見通し）, Indicator name Revenue per SI employee / Value ¥14,731 thousand / Year on year against the same period last year +0.5%（通期見通し）
Assumptions Underlying the Business OutlookIndicator name Number of SI projects / Value 330 Engagements, Indicator name Average revenue per SI project / Value ¥21,606 thousand, Indicator name Revenue per SI employee / Value ¥14,731 thousand, Indicator name Number of KITARO contracts / Value 8,615 Units
Medium-term management plan targetsTarget 毎期5%増配 / Target fiscal year Not disclosed / Comparison with actual results 2024年12月期は1株当たり25円を予想
Financial targetsOperating profit margin Target value 10.0% / Actual value 11.4%（2024年12月期第2四半期） / Equity ratio Target value Not disclosed / Actual value 74.2%
Annual DividendAnnual dividend per share ¥25 / Interim and Year-End Breakdown Not disclosed
Payout ratio20.0%
Orders received and order backlogOrders received Not disclosed / Order backlog ¥1,742 million
Market Size / ShareDXの必要性を認識 71.9% / 今後DXに取り組む意向 48.2%
New initiativesITコンサルティングへのシフトとコンサル営業の強化, 高収益案件・クラウド化導入支援など成長領域への注力, KITAROの機能アップと新たな社会課題解決型サービスの提供開始予定, 中小企業向けデジタルコンサルティングサービス『まるっとアクシス』の展開
Items this document does not state (7)
Selling, general and administrative expensesNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAcquisition of treasury sharesCapital expendituresKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

DXやモダナイゼーションへの需要が続いたこと、企業のIT投資意欲が堅調だったこと、売上増加による増収効果で人件費・外注費などの増加を吸収したこと。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Supplementary Materials to the Financial Results for the Six Months Ended December 2024 | AXIS CO.,LTD. (4012) timely disclosure | Komori