Launch of an IT business leveraging commissioned development and the Group’s comprehensive capabilities
First written in FY2017-Q3. 10 of 22 entries say "Advanced", first in FY2017. Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1Costs preceded revenue as new projects were securedAnnual report
「In Other, new projects were secured in businesses including website development, advertising production and marketing consulting, systems development and engineer staffing, and asset investments such as investments in domestic and overseas venture companies and solar power generation. However, during the six-month interim consolidated accounting period, costs preceded revenue.」
Although new projects were secured in systems development, engineer staffing and other businesses, costs preceded revenue during the interim consolidated accounting period, resulting in an operating loss in the Other segment. - FY2023-Q3AdvancedAnnual report
「During the nine-month period ended 31 December, revenue and operating profit continued to perform well in our core technology support-based, or staffing-based, projects, supported by continued strong demand for technical personnel in the systems development market, progress in the optimal and focused allocation of engineers at major customers, a persistently high teleworking ratio among engineers, and lower various expenses through greater efficiency. The operating margin also improved. In contract development projects, our main ERP (enterprise resource planning system) implementation support and maintenance projects progressed smoothly because of improved on-site productivity, and preparations to handle new ERP products continued in order to increase the proportion of contract development. As a result, segment revenue in the systems development business was ¥1,494 million, up 38.8% year on year, while segment profit was ¥155 million, up 125.5%.」
Strong demand for technical personnel, optimal allocation of engineers, teleworking and greater cost efficiency led to higher revenue and profit in the systems development business. ERP implementation support and maintenance projects also progressed smoothly, and preparations to handle new ERP products are advancing. - FY2023-Q2AdvancedAnnual report
「In our core technology support-based, or staffing-based, projects, the operating margin improved significantly because of factors including continued strong demand for technical personnel in the systems development market, progress in the optimal and focused allocation of engineers at major customers, a persistently high teleworking ratio among engineers, and lower various expenses through greater efficiency. In contract development projects, our main ERP (enterprise resource planning system) implementation support and maintenance projects also progressed smoothly because of improved on-site productivity. We are also preparing to handle new ERP products in order to increase the proportion of contract development. As a result, segment revenue in the systems development business was ¥990 million, up 64.8% year on year, while segment profit was ¥90 million, up 120.9%.」
The operating margin improved through optimal allocation of engineers, teleworking and greater efficiency in various expenses. ERP implementation support and maintenance projects also progressed smoothly, and preparations to handle new ERP products advanced. Revenue and profit both increased significantly. - FY2022AdvancedAnnual report
「During the fiscal year, sales and administrative cooperation progressed with a view to integrating the operations of the two companies. In our core technology support-based, or staffing-based, projects, proposals leveraging the personnel of both companies bore fruit, and orders remained stable. In contract development projects, orders have been recovering as customer companies began to resume development projects that had been postponed because of the COVID-19 pandemic.」
Sales and administrative cooperation between EIT and パイオニア・ソフト progressed, and proposals leveraging the personnel of both companies led to stable orders. Contract development also began to recover, and the systems development business generated revenue of ¥1,839 million and operating profit of ¥130 million. - FY2022-Q2AdvancedAnnual report
「株式会社イーアイティー and 株式会社パイオニア・ソフト, our subsidiaries engaged in this business, have been promoting sales and administrative cooperation with a view to integrating their operations in the future. During the six months ended 30 September, proposals leveraging the personnel of both companies bore fruit in our core technology support-based, or staffing-based, projects, and orders remained stable. Demand for contract development projects remained weak because customer companies continued to bring development in-house and reduce development project budgets amid the prolonged COVID-19 pandemic. Meanwhile, SG&A expenses declined as cost-reduction efforts and teleworking measures continued from the previous fiscal year. As a result, segment revenue was ¥600 million, up 113.4% year on year, while segment profit (operating profit) was ¥41 million, up 79.4%.」
Sales and administrative cooperation between EIT and パイオニア・ソフト stabilized orders for technology support-based projects, while cost reductions and teleworking measures also progressed. Including the expansion of the scope of consolidation, segment revenue and profit exceeded the previous year. - FY2022-Q1Revenue and profit continued to decline amid the COVID-19 pandemicAnnual report
「During the first quarter of the current fiscal year, demand for engineer staffing remained weak in our core technology support-based, or staffing-based, projects and contract development projects, as customer companies continued to bring development in-house and reduce development project budgets amid the prolonged COVID-19 pandemic. Although we focused on non-face-to-face sales using web conferences and other tools while working to improve customer satisfaction, revenue and profit declined because the number of employees deployed on projects fell and for other reasons. As a result, segment revenue was ¥129 million, down 10.2% year on year, while segment profit (operating profit) was ¥14 million, down 8.2%.」
Demand for engineer staffing continued to decline as customers brought development in-house and reduced development budgets. Although the company pursued non-face-to-face sales through web conferences and other means, both revenue and profit fell below the previous year. - FY2021Profit increased through cost reductions and teleworking despite lower revenueAnnual report
「Our core technology support-based, or staffing-based, projects and contract development projects generated lower revenue as the COVID-19 pandemic led customer companies to bring development in-house, reduce budgets and postpone development schedules, resulting in reduced working hours. Meanwhile, SG&A expenses continued to decline because of cost-reduction efforts and the expansion of teleworking among employees. As a result, segment revenue was ¥571 million, down 7.8% year on year, while segment profit (operating profit) was ¥58 million, up 21.2% year on year.」
Revenue continued to decline because of in-house development, budget reductions and postponed development, while segment profit increased as cost reductions and expanded teleworking lowered SG&A expenses. - FY2021-Q3Profit increased through teleworking despite continued revenue declinesAnnual report
「Our core technology support-based, or staffing-based, projects and contract development projects generated lower revenue because the spread of COVID-19 led customer companies to bring development in-house, reduce budgets and postpone development schedules, resulting in reduced working hours. Meanwhile, SG&A expenses continued to decline as teleworking progressed among employees involved in the systems development-related business. As a result, segment revenue was ¥427 million, down 7.4% year on year, while segment profit (operating profit) was ¥44 million, up 33.1% year on year.」
Revenue declined 7.4% year on year because customers brought development in-house, reduced budgets and postponed development schedules, while segment profit was ¥44 million, up 33.1% year on year, owing in part to lower SG&A expenses as teleworking expanded among employees. - FY2021-Q2Revenue declined, but working from home reduced SG&A expenses and increased profitAnnual report
「As working from home has remained the basic policy for 70% of employees involved in the systems development-related business since around the time the state of emergency was declared, SG&A expenses have continued to decline. As a result, segment revenue was ¥281 million, down 10.2% year on year, while segment profit (operating profit) was ¥22 million, up 6.2% year on year.」
Revenue declined because customers brought development in-house, reduced budgets and postponed development schedules, while SG&A expenses fell as 70% of employees worked from home, resulting in segment profit increasing 6.2% year on year. - FY2021-Q1Contract development languished because of COVID-19, while working from home reduced SG&A expensesAnnual report
「Although we were able to secure broadly stable orders for our core technology support-based, or staffing-based, projects, revenue declined because customer companies suspended operations or introduced teleworking measures, resulting in employees waiting at home and reduced working hours. In contract development projects, the number of orders secured fell below plan because customer companies reduced their budgets and brought development in-house, also as a result of the impact of COVID-19. Meanwhile, in addition to relocating our head office at the end of last year, 株式会社イーアイティー, our subsidiary engaged in this business, adopted working from home as its basic policy for 70% of all employees around the time the state of emergency was declared, resulting in lower SG&A expenses.」
Although technology support-based projects secured stable orders, revenue declined as customer companies suspended operations or reduced working hours, while contract development orders fell short of plan because of budget reductions and in-house development. SG&A expenses declined as a result of working from home. - FY2020-Q3RestatedAnnual report
「In the systems development-related business, we secured stable orders for traditional technology support-based, or staffing-based, projects and performance remained solid. However, contract development projects were significantly affected by customers' budget reductions and other factors. In addition, the cost of relocating the head office of 株式会社イーアイティー in December last year and the impact of strengthening mid-career recruitment activities also contributed to performance below the same period of the previous year.」
While stable orders continued for technology support-based projects, contract development was affected by customers' budget reductions and other factors, with head-office relocation costs and increased mid-career recruitment also contributing to performance below the previous year. - FY2020-Q2RestatedAnnual report
「In the systems development-related business, we secured stable orders for traditional technology support-based, or staffing-based, projects and performance remained solid. However, contract development projects were significantly affected by customers' budget reductions and other factors, resulting in performance below the same period of the previous year. As a result, segment revenue was ¥313 million, a decrease of ¥36 million, or 10.5%, from the same period of the previous year. Segment profit (operating profit) was ¥21 million, a decrease of ¥11 million, or 35.6%.」
While technology support-based projects maintained stable orders, contract development fell below the previous year because of customers' budget reductions and other factors, resulting in declines in both revenue and segment profit. - FY2020-Q1Contract development languished as customers reduced their budgetsAnnual report
「In the systems development business, we secured stable orders for traditional technology support-based, or staffing-based, projects and performance remained solid. However, contract development projects were significantly affected by customers' budget reductions and other factors, resulting in performance below the same quarter of the previous year. As a result, segment revenue was ¥151 million, a decrease of ¥22 million, or 13.0%, from the same quarter of the previous year. Segment profit (operating profit) was ¥5 million, a decrease of ¥10 million, or 63.2%.」
While technology support-based projects secured stable orders, contract development fell below the previous year because of customers' budget reductions and other factors, resulting in lower segment revenue and profit. - FY2019-Q3AdvancedAnnual report
「In the systems development business, we continued to secure broadly stable orders for technology support-based projects, or staffing-based projects, during the quarter, and performance remained solid. In contract development projects, the accumulation of expertise in business content and technology fields, together with stronger project management, contributed to improved profitability. As a result, segment revenue was ¥509 million, a decrease of ¥2 million, or 0.6%, from the same quarter of the previous year, while segment profit (operating profit) was ¥43 million, an increase of ¥14 million, or 48.5%.」
Stable orders were secured for technology support-based projects, while accumulated expertise and stronger project management improved profitability in contract development. Segment profit was ¥43 million, up 48.5% year on year. - FY2019-Q2AdvancedAnnual report
「As a result, segment revenue was ¥350 million, an increase of ¥24 million, or 7.6%, from the same quarter of the previous year. Segment profit (operating profit) was ¥33 million, an increase of ¥24 million, or 282.8%, from the same quarter of the previous year.」
The systems development-related business reported revenue of ¥350 million and segment profit of ¥33 million, supported by stable orders and stronger project management. Profit increased 282.8% year on year. - FY2019-Q1AdvancedAnnual report
「In the systems development business, the staffing-based business secured a stable volume of orders and performed steadily, while stronger project and quality management in contract development also led to improved profitability. We will continue to strengthen our sales capabilities to expand contract development and promote the security business.」
The staffing-based business secured stable orders, while profitability improved in contract development through stronger project and quality management. Segment profit was ¥15 million. - FY2018AdvancedAnnual report
「In addition, strengthening project and quality management for contract development projects pursued to expand the business made it possible to secure repeat orders and contributed to improved profitability.」
The company said that stronger project and quality management resulted in repeat orders and improved profitability in contract development. - FY2018-Q3AdvancedAnnual report
「In contract development projects, strengthening the project management framework led to improved profitability, and the relocation of development sites in Tokyo and Osaka was completed. We will now work to expand the scale of our contract development operations. The expense-reduction benefits of relocating the head office of 株式会社イーアイティー, a systems development-related subsidiary, have also begun to emerge, and we are promoting more efficient operations.」
In response to the deteriorating profitability of contract development projects reported in the previous quarter, profitability improved through stronger project management. The relocation of the Tokyo and Osaka development sites was also completed, and the expense-reduction benefits of relocating the subsidiary's head office emerged. - FY2018-Q2Profitability deteriorated on new contract development projectsAnnual report
「In the systems development-related business, we are working to expand contract development and promote the security business in addition to our traditional staffing-based business. However, results fell below the previous year's corresponding quarter because of factors including deteriorating profitability on new contract development projects and temporary cost increases resulting from the relocation of the head office of 株式会社イーアイティー to reduce expenses. Going forward, we will strengthen project management for contract development and work to improve profitability.」
In addition to the delivery delays reported in the previous quarter, deteriorating profitability on new contract development projects was identified as a factor behind the downturn in performance. The company cited stronger project management and profitability improvement as countermeasures. - FY2018-Q1The plan fell short due to delays in contract development delivery schedulesAnnual report
「In the systems development-related business, in addition to our traditional staffing-based business, we are working to expand contract development and promote the security business. However, results fell below the initial plan due to delays in the scheduled delivery of contract development projects and temporary cost increases resulting from the relocation of the head office of 株式会社イーアイティー, a subsidiary operating the systems development-related business.」
Although the company is expanding contract development and promoting the security business, the systems development-related business fell below the initial plan because of delayed delivery of contract development projects and head-office relocation costs. - FY2017AdvancedAnnual report
「In addition, we launched initiatives aimed at promising IT applications by undertaking contract development and leveraging the group's combined capabilities, and these initiatives are progressing smoothly. Going forward, we will focus particularly on strengthening project management for contract development in order to secure stable earnings and expand the business.」
The IT business using contract development and the group's combined capabilities was described as progressing smoothly since its launch, with stronger project management identified as the next measure. - FY2017-Q3First statedAnnual report
「In addition, we launched initiatives aimed at promising IT applications by undertaking contract development and leveraging the group's combined capabilities.」
In the systems development-related business, initiatives aimed at promising IT applications through contract development and the use of the group's combined capabilities were launched.