Profit Decline Amid Sales Growth and Accelerated R&D

「As a result of these initiatives, revenue exceeded the previous fiscal year across all solutions, setting a record high for the fifth consecutive fiscal year. In terms of profit, although development expenses increased as development was accelerated, particularly in the MBSE field, growth in revenue enabled operating profit and ordinary profit to set record highs for the fifth consecutive fiscal year, while net profit attributable to owners of the parent also reached a record high for the second consecutive fiscal year.」

「Net sales for the consolidated fiscal year exceeded those of the previous fiscal year in every solution, reaching a record high for the fifth consecutive period.」

「In terms of profit, although expenses increased due to development investment for the future, growth in revenue and other factors resulted in operating profit of ¥2,371 million, up 2.1% year on year, ordinary profit of ¥2,958 million, up 19.1%, and interim net profit attributable to owners of the parent of ¥2,095 million, up 28.7%, all of which were record highs.」

「Revenue for the six months ended 30 September was ¥19.079 billion, up 6.7% year on year, reaching a record high for the first half as sales grew across all solutions. Higher revenue drove operating profit to ¥2.322 billion, up 16.4%. Although a foreign exchange loss and costs related to making a listed subsidiary a wholly owned subsidiary were recorded, ordinary profit rose 4.2% to ¥2.484 billion. Both were new first-half records. Interim net income attributable to owners of the parent was ¥1.627 billion, down 0.7% year on year, the second-highest result after the prior-year period.」

「Revenue for the consolidated fiscal year substantially exceeded the previous year across all solutions, setting a record high for the third consecutive period.」

「Revenue for the nine months ended 31 December was ¥27.18 billion, up 9.8% year on year, setting another third-quarter record high as sales grew across all solutions. Although costs increased due to greater development investment and more active sales operations, higher revenue drove operating profit up 4.2% to ¥3.149 billion and ordinary profit up 14.0% to ¥3.639 billion, both record highs. Quarterly net income attributable to owners of the parent also rose 9.6% to ¥2.36 billion, representing a high level of profit.」

「Revenue for the six months ended 30 September was ¥17.879 billion, up 11.0% year on year, reaching a record high for the first half as sales grew substantially across all solutions. Although costs increased due to development investment and more active sales operations, higher revenue drove operating profit to ¥1.996 billion, up 5.5%, ordinary profit to ¥2.384 billion, up 13.9%, and quarterly net income attributable to owners of the parent to ¥1.638 billion, up 15.8%, all setting new first-half records.」

「Revenue for the three months ended 30 June was ¥8.441 billion, up 9.6% year on year. Sales grew across all solutions, setting a record high for the first quarter.」

「Revenue for the consolidated fiscal year substantially exceeded the previous year, setting a record high for the second consecutive period.」

「Revenue for the nine months ended 31 December was ¥24.76 billion, up 10.6% year on year, setting another third-quarter record high as sales grew across all solutions. As revenue increased substantially, operating profit rose 22.8% to ¥3.022 billion and ordinary profit rose 19.0% to ¥3.193 billion, both exceeding the previous year by a wide margin and setting new profit records. Quarterly net income attributable to owners of the parent was ¥2.153 billion, down 10.1% year on year and below the previous year, which included an extraordinary gain, but was the second-highest result.」

「Revenue for the six months ended 30 September was ¥16.103 billion, up 7.5% year on year, reaching another first-half record high following the previous year. IT solution sales grew substantially, supported by solid performance from the DS series data management systems in Japan and Europe and strong sales of network security-related products by the domestic subsidiary. Although costs increased due to more active sales operations and expanded development investment, higher sales drove operating profit to ¥1.892 billion, up 2.2%, and ordinary profit to ¥2.093 billion, up 7.1%, both setting record highs for the second consecutive period.」

「Revenue for the three months ended 30 June was ¥7.703 billion, up 9.8% year on year, setting another record high for the first quarter following the previous year. As revenue increased, ordinary profit rose 49.5% to ¥994 million and quarterly net income attributable to owners of the parent rose 58.1% to ¥679 million, both record highs.」

「Revenue for the nine months ended 31 December was ¥22.39 billion, up 13.1% year on year, setting a record high for the third quarter as sales grew across all solutions. Operating profit rose 67.1% to ¥2.462 billion and ordinary profit rose 63.5% to ¥2.683 billion. Although an extraordinary loss was recorded in connection with the buyout of the UK subsidiary's pension scheme, the recording of an extraordinary gain from the sale of cross-shareholdings resulted in quarterly net income attributable to owners of the parent of ¥2.394 billion, up 121.7%, with record highs set for all profit measures.」

「Revenue for the six months ended 30 September was ¥14.981 billion, up 14.6% year on year, reaching a record high for the first half as sales grew steadily across all solutions. Operating profit rose 91.7% to ¥1.851 billion and ordinary profit rose 82.9% to ¥1.953 billion, both setting new first-half records. Quarterly net income attributable to owners of the parent rose 93.1% to ¥1.357 billion, representing substantial profit growth.」

「Revenue for the three months ended 30 June was ¥7.014 billion, up 18.3% year on year. Sales increased across all solutions, setting a record high for the first quarter. As revenue increased substantially, ordinary profit rose 286.1% to ¥665 million and quarterly net income attributable to owners of the parent rose 369.3% to ¥429 million, both record highs.」

「Although revenue for the consolidated fiscal year fell below the previous year, it was the second-highest result after the record-high prior year despite the difficult environment.」

「Revenue for the nine months ended 31 December was ¥19.795 billion, down 3.9% year on year and slightly below the same period a year earlier. However, it was the second-highest result after the record-high prior-year period, as IT solutions, centered on network security-related products, grew sales and client services remained solid. Although investment for the future continued, operating profit for the latest three months increased year on year as total expenses declined. As a result, ordinary profit was ¥1.641 billion, down 29.6%, and quarterly net income attributable to owners of the parent was ¥1.079 billion, down 37.6%, representing an improvement from the first half.」

「Revenue for the six months ended 30 September was ¥13.071 billion, down 4.6% year on year. Although it fell short of the record-high prior-year period, it was the second-highest result, supported by solid IT solution sales centered on network-related products. Order backlog steadily accumulated from companies increasing their IT investment, reaching a record high at the end of the second quarter. In addition to lower revenue, ongoing investment in the future, including new product development, resulted in ordinary profit of ¥1.068 billion, down 41.5%, and quarterly net income attributable to owners of the parent of ¥702 million, down 50.5%.」

「Revenue for the three months ended 30 June was ¥5.928 billion, down 2.5% year on year. Although some deliveries and acceptance were deferred to the second quarter or later amid stagnant corporate activity, revenue was broadly in line with the same period a year earlier, which had been a record high. As revenue declined and expenses increased partly due to accelerated new product development, ordinary profit fell 50.9% to ¥172 million and quarterly net income attributable to owners of the parent fell 64.8% to ¥91 million.」

「Revenue for the consolidated fiscal year substantially exceeded the previous year, reaching a record high for the fourth consecutive period.」

「Revenue for the nine months ended 31 December was ¥20.606 billion, up 9.0% year on year, marking another record high following the first and second quarters. This reflected strong sales of the E3.series wiring harness design system and the domestic subsidiary's 3D solutions for the construction industry, which drove substantial growth in circuit design solution sales, as well as solid board design solution sales centered on the core CR-8000 Design Force electrical design system. As revenue increased, ordinary profit rose 16.7% to ¥2.332 billion and quarterly net income attributable to owners of the parent rose 23.8% to ¥1.729 billion, both record highs.」

「Revenue for the six months ended 30 September was ¥13.705 billion, up 9.8% year on year, marking a record high for the first half for the third consecutive period. This reflected growth in board design solution sales as the core CR-8000 Design Force electrical design system expanded sales worldwide, as well as solid sales of the E3.series wiring harness design system and the domestic subsidiary's 3D solutions for the construction industry, which resulted in substantial growth in circuit design solution sales. As revenue increased substantially, ordinary profit rose 30.9% to ¥1.826 billion and quarterly net income attributable to owners of the parent rose 44.2% to ¥1.419 billion, both record highs.」

「Revenue for the three months ended 30 June was ¥6.082 billion, up 7.8% year on year, marking a record high for the first quarter for the fourth consecutive period. Although expenses increased partly because new product development was accelerated, higher revenue led to ordinary profit of ¥351 million, up 1.6%, and quarterly net income attributable to owners of the parent of ¥259 million, up 2.3%, resulting in higher profits.」

「Revenue for the nine months ended 31 December was ¥18.899 billion, up 16.8% year on year and substantially above the same period a year earlier, as sales of all solutions remained strong. As revenue increased substantially, ordinary profit rose 130.2% to ¥1.999 billion and quarterly net income attributable to owners of the parent rose 191.4% to ¥1.397 billion, resulting in substantial profit growth.」

「Revenue for the six months ended 30 September was ¥12.477 billion, up 19.3% year on year and substantially above the same period a year earlier, with sales remaining solid across all solutions. Ordinary profit rose 151.4% to ¥1.395 billion and quarterly net income attributable to owners of the parent rose 192.2% to ¥984 million.」

「Revenue for the three months ended 30 June was ¥5.64 billion, up 16.3% year on year and substantially above the prior-year period. This reflected strong sales of IT solutions, driven by solid sales of the DS-CR design data management system and PreSight visual BOM product information management system, as well as solid sales of circuit design solutions centered on the E3.series wiring harness design system. As revenue increased substantially, ordinary profit rose 358.6% to ¥345 million and quarterly net income attributable to owners of the parent rose 868.1% to ¥254 million, resulting in substantial profit growth.」

「Revenue for the consolidated fiscal year reached a record high, exceeding the previous year. This reflected solid sales of the core CR-8000 Design Force electrical design system and growing sales of the E3.series wiring harness design system.」

「Revenue for the nine months ended 31 December was ¥16.178 billion, up 8.0% year on year and substantially above the same period a year earlier. This reflected steady sales of circuit design and IC solutions, centered on the E3.series wiring harness design system, as well as strong domestic sales of engineering staffing services and network-related products. As revenue increased substantially, ordinary profit rose 128.1% to ¥868 million and quarterly net income attributable to owners of the parent rose 103.4% to ¥479 million, resulting in substantial profit growth.」

「Revenue for the six months ended 30 September was ¥10.458 billion, up 5.3% year on year. This exceeded the prior-year period, reflecting solid sales of IT solutions centered on network security-related products and growing sales of the E3.series wiring harness design system, mainly in Europe and the United States, which lifted circuit design and IC solution sales above the prior-year period. As revenue increased, ordinary profit rose 199.3% to ¥555 million and quarterly net income attributable to owners of the parent rose 276.9% to ¥336 million, resulting in substantial profit growth.」

「Revenue for the three months ended 30 June was ¥4.849 billion, up 5.7% year on year. This exceeded the prior-year period, reflecting higher sales of board design solutions, led by the core CR-8000 Design Force electrical design system, and solid sales of the E3.series wiring harness design system in Europe and the United States. As revenue increased, ordinary profit improved substantially to ¥75 million, compared with an ordinary loss of ¥284 million in the same period a year earlier, while quarterly net income attributable to owners of the parent was ¥26 million, compared with a quarterly net loss attributable to owners of the parent of ¥251 million.」

「Although overseas sales declined in yen terms as the yen appreciated, revenue for the consolidated fiscal year exceeded the previous year. This reflected solid sales of the E3.series wiring harness design system and DS-2 design data management system in Europe and the United States, as well as increased sales of network security-related products in Japan.」

「Against this backdrop, revenue for the nine months ended 31 December was ¥14.985 billion, down 1.0% year on year and slightly below the same period a year earlier because overseas sales declined when translated into yen as the yen appreciated. On a local-currency basis, sales remained solid, centered on the E3.series wiring design system for transportation equipment. Although a ¥106 million foreign exchange loss was recorded, solid sales drove ordinary profit to ¥380 million, 12.5 times the prior-year level, and quarterly net income attributable to owners of the parent to ¥235 million, compared with a quarterly net loss attributable to owners of the parent of ¥83 million in the same period a year earlier.」

「Against this backdrop, revenue for the six months ended 30 September was ¥9.928 billion, down 2.4% year on year, slightly below the same period a year earlier because overseas sales declined when translated into yen as the yen appreciated. On a local-currency basis, however, sales remained solid, driven by increased sales of the E3.series wiring design system for transportation equipment. Operating profit increased on solid sales, and quarterly net income attributable to owners of the parent rose 83.4% year on year to ¥89 million. Ordinary profit was ¥185 million, down 5.3%, broadly in line with the same period a year earlier, due to a ¥179 million foreign exchange loss.」

「Revenue was ¥4.59 billion, up 2.5% from the same period a year earlier, exceeding the prior-year period. Although operating profit improved as revenue increased, a foreign exchange loss of ¥132 million resulted in an ordinary loss of ¥284 million, compared with an ordinary loss of ¥224 million in the same period a year earlier, and a net loss attributable to owners of the parent of ¥251 million, compared with a net loss attributable to owners of the parent of ¥210 million, both below the prior-year period.」

「Revenue was ¥21.952 billion, up 3.1% year on year, exceeding the previous consolidated fiscal year. Profit declined because expenses increased, partly as a result of accelerating product development aimed at expanding the business in the future.」