Supplementary Materials to the Financial Results for the Nine Months Ended December 2024 | AXIS CO.,LTD. (4012) timely disclosure

Worth reading

73In 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

14.5

% (year-on-year increase in net sales)

Wording

Conditional

How definitive the wording is.

Contents of this document

Supplementary materials to the earnings reportThird 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¥5,506 million+14.5%

Operating profit¥593 million+24.6%

Ordinary income¥627 million+28.5%

Net income¥409 million+29.3%

Gross Profit Margin

Rate25.3%

Year-on-year change (points)+0.5p

Operating profit margin

Rate10.8%

Year-on-year change (points)+0.9p

Results for the three months of the current quarter

Net Sales

¥1,856 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 Sales73.4%

Operating profit78.9%

Ordinary income82.1%

Quarterly net income77.9%

Gross profit71.6%

What the company explained in this material

Self-assessment against the planThe company's self-assessment against its own plan.

進捗も順調に推移

Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.

売上増加による増収効果¥455 million
外注費比率の高まりによる外注費増¥-84 million
営業人員・エンジニア増加による人件費増¥-192 million
Year-on-year increase in operating profit¥117 million

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

開発事業部の新設
営業・購買体制の強化
ジョイスジャパンとの外国人ドライバー育成協業
KITAROモバイルアプリの展開
AI技術を応用した新サービスの研究開発

Key KPIsA metric the company considers important as a management benchmark.

Number of KITARO contracts8,964 Units
Revenue per employee¥14,652 thousand
Year on year against the same period last year+6.98%
Partner ratio44.5 %
従業員定着率86 %

Unit price and quantity metricsThese figures show sales broken down by price and volume.

Number of SI projects330 Engagements
Average revenue per SI project¥21,606 thousand
Number of KITARO contracts8,964 Units

Segment results

Systems Integration Business
Net Sales¥5,201 million
Year on year against the same period last year+14.6%
IT Services Business
Net Sales¥304 million
Year on year against the same period last year+12.9%

Medium-term management plan targets

TargetOperating margin
Target value10.0%
Target fiscal yearFiscal year ended December 2024
Target毎期5%増配
Target fiscal yearMid-term management plan period
Targetパートナー比率45%以上
Target fiscal yearFY2024
TargetITコンサルへのシフト

Financial targets

Operating profit margin

Target value10.0%

Actual value10.8%（第3四半期）

Equity ratio

Actual value74.7%

Orders received and order backlog

Order backlog

¥1,622 million

Number of employees

Number of Employees455 people

Changes during the period and hiring plan2024年の新卒採用数43名

Annual Dividend

Annual dividend per share¥25

Payout ratio

20.0%

Contents of this document
Item	Details
Document type	Supplementary materials to the earnings report
Fiscal Period Covered	Third quarter of the fiscal year ended December 2024
Net Sales	¥5,506 million (YoY +14.5%)
Operating profit	¥593 million (YoY +24.6%)
Ordinary income	¥627 million (YoY +28.5%)
Net income	¥409 million (YoY +29.3%)
Gross Profit Margin	Rate 25.3% / Year-on-year change (points) +0.5p
Operating profit margin	Rate 10.8% / Year-on-year change (points) +0.9p
Results for the three months of the current quarter	Net Sales ¥1,856 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	Net Sales 73.4% / Operating profit 78.9% / Ordinary income 82.1% / Quarterly net income 77.9% / Gross profit 71.6%
Self-assessment against the plan	進捗も順調に推移
Segment results	Segment Systems Integration Business / Net Sales ¥5,201 million / Year on year against the same period last year +14.6% / Profit Not disclosed, Segment IT Services Business / Net Sales ¥304 million / Year on year against the same period last year +12.9% / Profit Not disclosed
Breakdown of Factors Affecting the Change	Factors 売上増加による増収効果 / Amount ¥455 million, Factors 外注費比率の高まりによる外注費増 / Amount ¥-84 million, Factors 営業人員・エンジニア増加による人件費増 / Amount ¥-192 million, Factors Year-on-year increase in operating profit / Amount ¥117 million
Key KPIs	Indicator name Number of KITARO contracts / Value 8,964 Units / Year on year against the same period last year Not disclosed, Indicator name Revenue per employee / Value ¥14,652 thousand / Year on year against the same period last year +6.98%, Indicator name Partner ratio / Value 44.5 % / Year on year against the same period last year Not disclosed, Indicator name 従業員定着率 / Value 86 % / Year on year against the same period last year Not disclosed
Unit price and quantity metrics	Indicator name Number of SI projects / Value 330 Engagements, Indicator name Average revenue per SI project / Value ¥21,606 thousand, Indicator name Number of KITARO contracts / Value 8,964 Units
Number of employees	Number of Employees 455 people / Changes during the period and hiring plan 2024年の新卒採用数43名
Assumptions Underlying the Business Outlook	Indicator 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 targets	Target Operating margin / Target value 10.0% / Target fiscal year Fiscal year ended December 2024, Target 毎期5%増配 / Target fiscal year Mid-term management plan period, Target パートナー比率45%以上 / Target fiscal year FY2024, Target ITコンサルへのシフト / Target fiscal year Not disclosed
Financial targets	Operating profit margin Target value 10.0% / Actual value 10.8%（第3四半期） / Equity ratio Target value Not disclosed / Actual value 74.7%
Annual Dividend	Annual dividend per share ¥25 / Interim and Year-End Breakdown Not disclosed
Payout ratio	20.0%
Orders received and order backlog	Order backlog ¥1,622 million / Orders received Not disclosed
New initiatives	開発事業部の新設, 営業・購買体制の強化, ジョイスジャパンとの外国人ドライバー育成協業, KITAROモバイルアプリの展開, AI技術を応用した新サービスの研究開発

Items this document does not state (7)

Selling, general and administrative expensesNumber of stores and locationsRisk amount incorporated into the outlookAcquisition of treasury sharesCapital expendituresMarket Size / ShareKey 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.

企業・自治体のデジタル投資意欲が旺盛で、モダナイゼーション、クラウドインテグレーション、銀行・公共分野の案件を取り込んだ。営業利益は顧客単価の伸びが人件費・外注費の上昇を吸収した。

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.