Revenue Growth from Highly Profitable Public-Sector SI Projects
First written in FY2017-Q1. 8 of 24 entries say "Worsened", first in FY2020-Q1. Latest entry: FY2023-Q1.
Japan System Techniques moved to the "Worse" side of this theme in 2019.
1 other company's latest entry also says "Worsened".
- FY2023-Q1WorsenedAnnual report
「The main factors were lower revenue from the former systems sales business's equipment sales to universities and public-sector entities, offset by higher revenue from development projects for the distribution and telecommunications industries and other projects in the former software business.」
Equipment sales to universities and public-sector entities in the former systems sales business generated less revenue. Although higher revenue from development projects in the former software business resulted in higher revenue and profit for the DX & SI business as a whole, the previous trend of revenue growth from university and public-sector projects did not continue. - FY2022WorsenedAnnual report
「In this business, procurement of hardware equipment was delayed beyond the initially expected timing due in part to the global semiconductor shortage. As a result, lower revenue from the core business of selling equipment to universities resulted in net sales of ¥1,384 million (down 5.5%) and operating income of ¥106 million (down 11.6%).」
Procurement delays due to the semiconductor shortage continued throughout the full year, and lower revenue from equipment sales to universities resulted in net sales and operating income declines of 5.5% and 11.6%, respectively. - FY2022-Q3WorsenedAnnual report
「In this business, procurement of hardware equipment was delayed beyond the initially expected timing due in part to the global semiconductor shortage. As a result, lower revenue from the core business of selling equipment to universities resulted in net sales of ¥825 million (down 19.9% year on year) and operating income of ¥40 million (down 63.6%).」
Delays in procuring hardware equipment due to the global semiconductor shortage continued, and revenue from the core business of selling equipment to universities fell 19.9% year on year. Operating income also fell 63.6% year on year, and the deterioration from the previous trend of revenue growth driven by university and public-sector projects continued. - FY2022-Q2WorsenedAnnual report
「In this business, procurement of hardware equipment was delayed beyond the initially expected timing due in part to the global semiconductor shortage. As a result, lower revenue from the core business of selling equipment to universities resulted in net sales of ¥593 million (down 15.0% year on year) and operating income of ¥2 million (down 97.1%).」
Delayed procurement of hardware equipment due to the global semiconductor shortage reduced revenue from equipment sales to universities. Net sales fell 15.0% year on year, while operating income fell 97.1% to ¥2 million. - FY2022-Q1Higher revenue from university and public-sector projects but lower profitAnnual report
「Next, in the systems sales business (sales of IT equipment and construction of information and communications infrastructure), higher revenue from university and public-sector projects resulted in net sales of ¥328 million (up 39.0% year on year) and operating income of ¥1 million (down 75.5%).」
Revenue from university and public-sector projects increased, resulting in a 39.0% year-on-year increase in net sales, while operating income fell 75.5% year on year to ¥1 million. - FY2021Higher profit driven by strong performance in high-margin projectsAnnual report
「Although the core university and public-sector projects underperformed the previous year, strong performance in high-margin projects and lower selling, general and administrative expenses and other costs resulted in net sales of ¥1,465 million (down 6.4%) and operating income of ¥120 million (up 27.3%).」
Although university and public-sector projects, which had previously driven revenue growth, generated less revenue, strong performance in high-margin projects and lower selling, general and administrative expenses and other costs resulted in a 27.3% year-on-year increase in operating income. - FY2021-Q3RestatedAnnual report
「Next, in the systems sales business (sales of IT equipment and construction of information and communications infrastructure), lower revenue from public-sector projects resulted in net sales of ¥1,031 million (down 13.6% year on year) and operating income of ¥111 million (down 10.4%).」
The decline in revenue from public-sector projects, which had previously driven revenue growth, continued, resulting in a 13.6% year-on-year decline in net sales and a 10.4% decline in operating income. - FY2021-Q2RestatedAnnual report
「Next, in the systems sales business (sales of IT equipment and construction of information and communications infrastructure), lower revenue from university and public-sector projects resulted in net sales of ¥698 million (down 29.8% year on year) and operating income of ¥68 million (down 37.5%).」
The decline in revenue from university and public-sector projects, which had previously driven revenue growth, continued, and both net sales and operating income fell below the previous-year level. Although the company remained profitable at the operating-income level, the trend of lower revenue from university and public-sector projects continued. - FY2021-Q1Strong performance in high-margin projects and a return to profitabilityAnnual report
「Although the core university and public-sector projects underperformed the previous year, strong performance in high-margin projects and lower selling, general and administrative expenses and other costs resulted in net sales of ¥236 million (down 33.2% year on year) and operating income of ¥6 million, compared with an operating loss of ¥29 million in the previous year.」
Although university and public-sector projects, which had previously driven revenue growth, generated less revenue, strong performance in high-margin projects and lower selling, general and administrative expenses and other costs enabled the systems sales business to turn an operating loss in the previous year into operating income of ¥6 million. - FY2020WorsenedAnnual report
「In the systems sales business (sales of IT equipment and construction of information and communications infrastructure), lower revenue from university and public-sector projects resulted in net sales of ¥1,566 million (down 6.8%) and operating income of ¥94 million (down 32.3%).」
University and public-sector projects, which had previously driven revenue growth, generated less revenue, resulting in declines in both net sales and operating income. - FY2020-Q3WorsenedAnnual report
「Next, in the systems sales business (sales of IT equipment and construction of information and communications infrastructure), lower revenue from university and public-sector projects resulted in net sales of ¥1,194 million (down 13.4% year on year) and operating income of ¥124 million (down 6.4%).」
University and public-sector projects, which had previously driven revenue growth, generated less revenue, resulting in a 13.4% year-on-year decline in net sales and a 6.4% decline in operating income. - FY2020-Q2WorsenedAnnual report
「Next, in the systems sales business, which covers the sale of IT equipment and the construction of information and communications infrastructure, revenue from university and public-sector projects declined. Revenue was ¥994 million (down 15.7% year on year), and operating profit was ¥109 million (down 25.0%).」
University and public-sector projects, which had previously driven revenue growth, generated less revenue, resulting in a 15.7% year-on-year decline in net sales and a 25.0% decline in operating income. - FY2020-Q1WorsenedAnnual report
「Next, in the systems sales business, which covers the sale of IT equipment and the construction of information and communications infrastructure, revenue from university and public-sector projects declined. Revenue was ¥353 million (down 57.3% year on year), and the operating loss was ¥29 million (compared with operating profit of ¥103 million in the same period of the previous year).」
University and public-sector projects, which had previously driven revenue growth, declined. Revenue fell 57.3% year on year, and operating results changed from profit of ¥103 million to a loss of ¥29 million. - FY2019Higher profit driven by increased public-sector SI revenueAnnual report
「In the systems sales business, sales of equipment to universities declined, but highly profitable public-sector SI (systems integration) projects exceeded the previous year's level. Revenue was ¥1,681 million (down 7.4% year on year), while operating profit was ¥140 million (up 204.2%).」
Although equipment sales to universities declined, highly profitable public-sector SI projects exceeded the previous year's level, and operating profit increased 204.2% year on year. - FY2019-Q3Continued higher revenue and profit, and continued profitabilityAnnual report
「Next, in the systems sales business, which covers the sale of IT equipment and the construction of information and communications infrastructure, higher revenue from university and public-sector projects resulted in revenue of ¥1,378 million (up 6.8% year on year) and operating profit of ¥133 million (compared with an operating loss of ¥15 million in the same period of the previous year).」
Revenue increased 6.8% year on year due to higher revenue from university and public-sector projects, and the shift from an operating loss in the same period of the previous year to operating profit of ¥133 million continued. - FY2019-Q2Continued higher revenue and profit, and continued profitabilityAnnual report
「Next, in the systems sales business, which covers the sale of IT equipment and the construction of information and communications infrastructure, higher revenue from university and public-sector projects resulted in revenue of ¥1,180 million (up 48.3% year on year) and operating profit of ¥145 million (compared with an operating loss of ¥9 million in the same period of the previous year).」
Revenue increased 48.3% year on year due to higher revenue from university and public-sector projects, and operating results changed from a loss in the same period of the previous year to operating profit of ¥145 million. - FY2019-Q1Substantial growth in project revenue and a return to profitabilityAnnual report
「Next, in the systems sales business, which covers the sale of IT equipment and the construction of information and communications infrastructure, higher revenue from university and public-sector projects resulted in revenue of ¥827 million (up 223.9% year on year) and operating profit of ¥103 million (compared with an operating loss of ¥7 million in the same period of the previous year).」
Revenue increased 223.9% year on year due to higher revenue from university and public-sector projects, and operating results changed from a loss in the same period of the previous year to operating profit of ¥103 million. - FY2018-Q3Higher project revenue and a narrower operating lossAnnual report
「Next, in the systems sales business, which covers the sale of IT equipment and the construction of information and communications infrastructure, revenue increased across the service and distribution, university and public-sector project areas. Revenue was ¥1,291 million (up 96.9% year on year), and the operating loss was ¥15 million (compared with an operating loss of ¥25 million in the same period of the previous year).」
Revenue increased across multiple areas, including university and public-sector projects. Revenue rose 96.9% year on year, and the operating loss narrowed from ¥25 million to ¥15 million. - FY2018-Q2SoftenedAnnual report
「Next, in the systems sales business, which covers the sale of IT equipment and the construction of information and communications infrastructure, revenue remained solid due to higher revenue from university and public-sector projects. However, as sales of less profitable equipment increased, revenue was ¥795 million (up 57.6% year on year) and the operating loss was ¥9 million (compared with an operating loss of ¥8 million in the same period of the previous year).」
Although university and public-sector projects generated higher revenue, the operating loss widened from ¥8 million to ¥9 million due to increased sales of less profitable equipment, weakening the previous emphasis on highly profitable public-sector SI projects. - FY2018-Q1RestatedAnnual report
「Next, in the systems sales business, which covers the sale of IT equipment and the construction of information and communications infrastructure, revenue from highly profitable SI (systems integration) projects for government agencies and the education sector increased. Revenue was ¥255 million (up 0.5% year on year), and the operating loss was ¥7 million (compared with an operating loss of ¥20 million in the same period of the previous year).」
Revenue from highly profitable SI projects for government agencies and the education sector continued to increase. Revenue rose 0.5% year on year, and the operating loss narrowed from ¥20 million to ¥7 million. - FY2017RestatedAnnual report
「In the systems sales business, equipment sales to universities fell below the previous year's level, while highly profitable public-sector SI (systems integration) projects exceeded the previous year's level. Revenue increased 7.5% to ¥1,116 million, and operating profit increased 20.3% to ¥6 million, resulting in higher revenue and profit.」
The pattern of higher revenue from public-sector SI projects offsetting lower equipment sales to universities continued, and operating profit also increased. - FY2017-Q3RestatedAnnual report
「Next, in the systems sales business, which covers the sale of IT equipment and the construction of information and communications infrastructure, equipment sales to universities declined, but revenue from public-sector SI (systems integration) projects increased. Revenue was ¥655 million (up 14.5% year on year), and the operating loss was ¥25 million (compared with an operating loss of ¥48 million in the same period of the previous year).」
The pattern of higher revenue from public-sector SI projects offsetting lower equipment sales to universities continued, and the operating loss narrowed from the same period of the previous year. - FY2017-Q2RestatedAnnual report
「Although equipment sales to universities declined, revenue from public-sector SI (systems integration) projects increased, resulting in revenue of ¥504 million (up 16.5% year on year) and an operating loss of ¥8 million (compared with an operating loss of ¥23 million in the same period of the previous year).」
The increase in revenue from public-sector SI projects and the narrowing of the operating loss continue to be reported. - FY2017-Q1First statedAnnual report
「Revenue was ¥254 million (up 89.5% year on year) and the operating loss was ¥20 million (compared with an operating loss of ¥37 million in the same period of the previous year), owing to higher revenue from highly profitable public-sector SI (systems integration) projects.」
In the systems sales business, public-sector SI projects generated substantial revenue growth, and the operating loss narrowed from the same period of the previous year.