Progress in line with the growth strategy plan and strong performance in the smart factory-related business
First written in FY2017-Q2. 30 of 41 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1AdvancedAnnual report
「As a result, customer ICT investment remained firm during the interim consolidated accounting period, and net sales increased by ¥4,236 million, or 13.7%, year on year to ¥35,080 million. In terms of profit, despite an increase in selling, general and administrative expenses, growth centered on high-margin priority businesses. Operating profit increased by ¥708 million, or 20.5%, to ¥4,160 million, ordinary profit increased by ¥718 million, or 20.4%, to ¥4,234 million, and interim net income attributable to owners of the parent increased by ¥498 million, or 20.9%, to ¥2,883 million.」
Customer ICT investment remained steady, with revenue up 13.7%, operating profit up 20.5%, ordinary profit up 20.4%, and interim net income up 20.9% year on year. - FY2026AdvancedAnnual report
「As a result, performance for the consolidated fiscal year reflected steady ICT investment by customers. Net sales increased by ¥9.674 billion, or 17.2%, year on year to ¥65.882 billion. Despite higher SG&A expenses, the increase in revenue led to higher profit. Operating profit increased by ¥642 million, or 9.6%, to ¥7.338 billion, ordinary profit increased by ¥628 million, or 9.2%, to ¥7.435 billion, and net income attributable to owners of the parent increased by ¥1.161 billion, or 28.8%, to ¥5.201 billion.」
Steady customer ICT investment drove a 17.2% increase in net sales, a 9.6% increase in operating profit, a 9.2% increase in ordinary profit and a 28.8% increase in net income attributable to owners of the parent. - FY2026-H1AdvancedAnnual report
「As a result, performance for the interim consolidated accounting period reflected steady ICT investment by customers. Net sales increased by ¥3.273 billion, or 11.9%, year on year to ¥30.843 billion. Despite higher SG&A expenses, the increase in revenue led to higher profit. Operating profit increased by ¥200 million, or 6.2%, to ¥3.451 billion, ordinary profit increased by ¥247 million, or 7.6%, to ¥3.516 billion, and interim net income attributable to owners of the parent increased by ¥170 million, or 7.7%, to ¥2.384 billion.」
Steady customer ICT investment drove an 11.9% increase in net sales, a 6.2% increase in operating profit and a 7.6% increase in ordinary profit. - FY2025AdvancedAnnual report
「ICT investment by client companies increased, with the core business remaining steady and the focus business progressing ahead of plan. Net sales increased by ¥3.084 billion, or 5.8%, year on year to ¥56.208 billion. Despite higher SG&A expenses, including growth investments, operating profit increased by ¥334 million, or 5.3%, to ¥6.696 billion, and ordinary profit increased by ¥397 million, or 6.2%, to ¥6.807 billion.」
Higher revenue and profit were driven by the resilience of the core business and outperformance in the focus business, while net income attributable to owners of the parent decreased by 11.0% due to extraordinary losses associated with the restructuring of data centers. - FY2025-H1Higher sales, lower profitsAnnual report
「As a result, performance for the interim consolidated accounting period was generally supported by steady ICT investment, with both core and focus businesses progressing as planned. Net sales increased by ¥1.124 billion, or 4.3%, year on year to ¥27.57 billion. On the earnings front, operating profit decreased by ¥275 million, or 7.8%, to ¥3.25 billion, and ordinary profit decreased by ¥280 million, or 7.9%, to ¥3.268 billion, reflecting higher SG&A expenses, including growth investments, and the decline from the previous year's large projects.」
Core and focus businesses progressed as planned, driving a 4.3% increase in net sales, while higher SG&A expenses, including growth investments, and the decline from the previous year's large projects resulted in a 7.8% decrease in operating profit and a 7.9% decrease in ordinary profit. - FY2025-Q1AdvancedAnnual report
「As a result, for the three months ended June 30, ICT investment remained generally firm and both the core and priority businesses progressed in line with plan. Net sales increased by ¥826 million, or 6.3%, year on year to ¥14,049 million. Although costs increased due to growth investment, higher sales led to higher profit. Operating income increased by ¥77 million, or 4.2%, to ¥1,919 million, ordinary income increased by ¥71 million, or 3.9%, to ¥1,924 million, and profit attributable to owners of the parent increased by ¥25 million, or 2.0%, to ¥1,311 million.」
The core and priority businesses progressed in line with plan, resulting in net sales up 6.3%, operating income up 4.2% and ordinary income up 3.9%. It reported higher sales and income despite increased costs from growth investment. - FY2024AdvancedAnnual report
「Proposals for ICT utilisation aligned with major customers’ priority investment areas were successful in both the core and priority businesses. Net sales increased by ¥4,917 million, or 10.2%, year on year to ¥53,124 million. In addition to higher profit accompanying increased sales, expanded sales of the company’s own products and services and ongoing efforts to improve productivity resulted in operating income increasing by ¥1,987 million, or 45.4%, to ¥6,361 million and ordinary income increasing by ¥1,996 million, or 45.2%, to ¥6,409 million.」
Successful proposal activities in the core and priority businesses resulted in net sales up 10.2%, operating income up 45.4% and ordinary income up 45.2%, setting new record highs for profit. - FY2024-Q3AdvancedAnnual report
「As a result, for the nine months ended December 31, proposals for ICT utilisation aligned with major customers’ priority investment areas were successful in both the core and priority businesses. Net sales increased by ¥3,987 million, or 11.3%, year on year to ¥39,275 million. In addition to higher profit accompanying increased sales, expanded sales of the company’s own products and services and ongoing efforts to improve productivity resulted in operating income increasing by ¥1,662 million, or 50.7%, to ¥4,940 million and ordinary income increasing by ¥1,672 million, or 50.7%, to ¥4,969 million.」
Successful proposals for ICT utilisation aligned with major customers’ priority investment areas resulted in net sales up 11.3% year on year, with both operating income and ordinary income up 50.7%. - FY2024-Q2AdvancedAnnual report
「As a result, for the six months ended September 30, proposals for ICT utilisation aligned with major customers’ priority investment areas were successful in both the priority and core businesses. Net sales increased by ¥2,967 million, or 12.6%, year on year to ¥26,445 million. In addition to higher profit accompanying increased sales, expanded sales of the company’s own products and services and ongoing efforts to improve productivity resulted in operating income increasing by ¥1,555 million, or 79.0%, to ¥3,525 million and ordinary income increasing by ¥1,560 million, or 78.5%, to ¥3,549 million.」
Successful proposals for ICT utilisation aligned with priority investment areas resulted in net sales up 12.6%, operating income up 79.0% and ordinary income up 78.5%. - FY2024-Q1AdvancedAnnual report
「As a result, for the three months ended June 30, ICT investment remained firm, mainly among manufacturing-sector customers, and both the priority and core businesses finished ahead of plan overall. Net sales increased by ¥1,421 million, or 12.0%, year on year to ¥13,222 million. In addition to higher profit accompanying increased sales, the reversal of the provision for losses on orders recorded in the previous corresponding period resulted in operating income increasing by ¥942 million, or 104.6%, to ¥1,842 million, ordinary income increasing by ¥945 million, or 104.2%, to ¥1,853 million, and profit attributable to owners of the parent increasing by ¥449 million, or 53.6%, to ¥1,286 million.」
The priority and core businesses performed ahead of plan, resulting in net sales up 12.0% year on year, operating income up 104.6% and ordinary income up 104.2%. The increase in profit also reflected the reversal of the provision for losses on orders recorded in the previous corresponding period. - FY2023AdvancedAnnual report
「As a result, for the fiscal year, ICT investment recovered, mainly among manufacturing-sector customers, and both the priority and core businesses generally performed steadily. Net sales increased by ¥2,985 million, or 6.6%, year on year to ¥48,206 million. Although an additional provision for losses on orders was recorded in the fourth quarter to address problems arising after the transition to the production environment in connection with unprofitable projects carried over from the previous fiscal year, favourable business conditions resulted in operating income increasing by ¥167 million, or 4.0%, to ¥4,374 million and ordinary income increasing by ¥130 million, or 3.1%, to ¥4,413 million.」
The recovery in ICT investment and steady performance in the priority and core businesses resulted in full-year net sales up 6.6% and operating income up 4.0%. - FY2023-Q3AdvancedAnnual report
「As a result, for the nine months ended December 31, ICT investment by customers in the core businesses recovered and the priority businesses generally progressed in line with plan. Net sales increased by ¥1,760 million, or 5.3%, year on year to ¥35,288 million. Although the provision for losses on orders recorded in the first quarter had an impact, favourable business conditions resulted in operating income increasing by ¥234 million, or 7.7%, to ¥3,277 million and ordinary income increasing by ¥215 million, or 7.0%, to ¥3,296 million.」
The recovery in customer ICT investment and progress in the priority businesses in line with plan resulted in net sales up 5.3%, operating income up 7.7% and ordinary income up 7.0%. - FY2023-Q2AdvancedAnnual report
「As a result, for the six months ended September 30, ICT investment by customers in the core businesses recovered and the priority businesses generally progressed in line with plan. Net sales increased by ¥1,036 million, or 4.6%, year on year to ¥23,478 million.」
The recovery in customer ICT investment in the core businesses and progress in the priority businesses in line with plan resulted in net sales up 4.6% year on year. Operating income and ordinary income declined due to the impact of provisions for losses on orders. - FY2023-Q1AdvancedAnnual report
「As a result, for the three months ended June 30, the priority business areas generally progressed in line with plan, the trend toward selective ICT investment by customers gradually eased, and order-taking remained firm. Net sales increased by ¥316 million, or 2.8%, year on year to ¥11,801 million.」
The priority business areas progressed in line with plan, the trend toward selective ICT investment gradually eased, and order-taking remained firm, resulting in net sales up 2.8% year on year. - FY2022WorsenedAnnual report
「For the fiscal year, the order backlog improved throughout the year, but the decline following the loss of special-demand projects in the previous fiscal year and other factors resulted in net sales decreasing by ¥2,782 million, or 5.8%, year on year to ¥45,220 million. Operating income decreased by ¥841 million, or 16.7%, to ¥4,206 million, and ordinary income decreased by ¥876 million, or 17.0%, to ¥4,282 million, due to lower profit accompanying the decline in sales and the impact of unprofitable projects.」
Although the order backlog improved, the loss of special-demand projects and the impact of unprofitable projects resulted in lower full-year net sales, operating income and ordinary income. - FY2022-Q3WorsenedAnnual report
「Under these conditions, for the nine months ended December 31, demand for systems development in the strategic ICT areas of DX, IoT and cloud services became more active, and the order backlog continued to improve. However, in addition to the decline following the loss of special-demand projects in the previous fiscal year, some restraint on ICT investment remained in the manufacturing sector, a major customer industry. This, together with unsuccessful infrastructure construction bids and delivery delays caused by the global semiconductor shortage and stagnant performance at regional subsidiaries due to the state of emergency, resulted in a ¥2,456 million, or 6.8%, year-on-year decrease in net sales to ¥33,527 million. Operating income decreased by ¥691 million, or 18.5%, to ¥3,043 million, and ordinary income decreased by ¥717 million, or 18.9%, to ¥3,081 million, due to lower profit accompanying the decline in sales and the impact of unprofitable projects at certain customers.」
Although demand for DX, IoT and cloud services and the order backlog showed signs of improvement, the loss of special-demand projects, restraint on ICT investment in manufacturing, the semiconductor shortage, stagnant subsidiary performance and unprofitable projects resulted in lower sales and income. - FY2022-Q2WorsenedAnnual report
「As a result, for the six months ended September 30, demand in the strategic ICT areas of DX, IoT and cloud services became more active and the order backlog improved. However, the decline following the loss of special-demand projects in the previous fiscal year and the fact that ICT investment in some business areas was still recovering resulted in a ¥2,117 million, or 8.6%, year-on-year decrease in net sales to ¥22,442 million. Operating income decreased by ¥450 million, or 16.9%, to ¥2,220 million, and ordinary income decreased by ¥472 million, or 17.4%, to ¥2,250 million, due to lower profit accompanying the decline in sales and the impact of unprofitable projects at certain customers.」
While recognising improving demand for DX, IoT and cloud services and an improving order backlog, the loss of special-demand projects, the ongoing recovery of ICT investment and unprofitable projects resulted in net sales down 8.6%, operating income down 16.9% and ordinary income down 17.4%. - FY2022-Q1ReframedAnnual report
「As a result, for the three months ended June 30, demand in the strategic ICT areas of DX, IoT and cloud services became more active and the order backlog improved. However, the decline following the loss of special-demand projects in the previous fiscal year contributed to a ¥1,137 million, or 9.0%, year-on-year decrease in net sales to ¥11,484 million.」
While recognising stronger demand for DX, IoT and cloud services and an improved order backlog, net sales decreased by 9.0% year on year due to the decline following the loss of special-demand projects in the previous fiscal year. - FY2021WorsenedAnnual report
「For the fiscal year, order-taking conditions gradually improved from the second quarter, and performance showed signs of recovery, including a return to roughly the previous year’s level when comparing the fourth quarter. However, conditions remained challenging due to the continuing impact of COVID-19, whose end was not in sight, with business discussions with some companies, mainly in the systems development business, being postponed or reduced in scale. Net sales decreased by ¥3,865 million, or 7.5%, year on year to ¥48,003 million. Operating income decreased by ¥885 million, or 14.9%, to ¥5,048 million, and ordinary income decreased by ¥886 million, or 14.7%, to ¥5,158 million, due to lower profit accompanying the decline in sales and lower production efficiency resulting from a decrease in large-scale business discussions.」
Although order-taking showed signs of improvement from the second quarter, postponed or downsized business discussions and a decline in large-scale projects resulted in lower full-year sales and income. - FY2021-Q3WorsenedAnnual report
「For the nine months ended December 31, conditions remained challenging due to the impact of COVID-19, although order-taking conditions gradually improved as some customers resumed stagnant IT investment. At the same time, some customers continued to restrain IT budgets and postpone or reduce the scale of development projects. Net sales decreased by ¥2,104 million, or 5.5%, year on year to ¥35,983 million. Operating income decreased by ¥704 million, or 15.9%, to ¥3,734 million, and ordinary income decreased by ¥708 million, or 15.7%, to ¥3,798 million, due to lower profit accompanying the decline in sales.」
Although order-taking improved as some customers resumed IT investment, restraint on IT budgets and the postponement or downsizing of development projects continued, resulting in cumulative net sales down 5.5% and operating income down 15.9%. - FY2021-Q2WorsenedAnnual report
「For the six months ended September 30, economic activity restrictions resulting from the spread of COVID-19 caused order-taking activities for new business discussions to stagnate, while certain development projects were postponed or reduced in scale. Net sales decreased by ¥682 million, or 2.7%, year on year to ¥24,559 million. Operating income decreased by ¥199 million, or 7.0%, to ¥2,671 million, and ordinary income decreased by ¥206 million, or 7.0%, to ¥2,723 million, due to lower year-end demand and increased costs associated with the shift to remote work.」
The spread of COVID-19 caused order-taking activities to stagnate, while development projects were postponed or reduced in scale. Cumulative net sales decreased by 2.7% and operating income and ordinary income each decreased by 7.0%. - FY2021-Q1WorsenedAnnual report
「In the digital industry business, the spread of COVID-19 affected the smart factory business and the field of systems development support for manufacturers through restrictions on access to production sites and the resulting postponement of business discussions. As a result, net sales decreased by ¥161 million, or 3.7%, year on year to ¥4,254 million.」
The smart factory-related business, previously described as performing strongly, recorded a 3.7% year-on-year decline in net sales due to restrictions on access to sites and postponed business discussions associated with the spread of COVID-19. - FY2020AdvancedAnnual report
「As a result, for the fiscal year, net sales increased by ¥2,057 million, or 4.1%, year on year to ¥51,868 million, as the growth strategy progressed in line with plan against a backdrop of favourable market conditions, despite the impact of the decline following the previous fiscal year’s hardware replacement demand. Although certain development projects became unprofitable, operating income increased by ¥1,002 million, or 20.3%, to ¥5,933 million, and ordinary income increased by ¥1,004 million, or 19.9%, to ¥6,045 million, reflecting an increase in highly profitable projects, expanded sales of the company’s own products and services, and ongoing measures to improve productivity and quality.」
The growth strategy progressed in line with plan, resulting in full-year net sales up 4.1%, operating income up 20.3% and ordinary income up 19.9%. - FY2020-Q3AdvancedAnnual report
「As a result, for the nine months ended December 31, net sales increased by ¥1,107 million, or 3.0%, year on year to ¥38,087 million, despite the impact of the decline following the previous fiscal year’s hardware replacement demand, as the smart factory and security services businesses grew and demand for systems construction, development support and migration services for the manufacturing and public sectors expanded. Although certain development projects became unprofitable, operating income increased by ¥742 million, or 20.1%, to ¥4,438 million, ordinary income increased by ¥784 million, or 21.1%, to ¥4,507 million, and profit attributable to owners of the parent increased by ¥397 million, or 15.9%, to ¥2,897 million, reflecting an increase in highly profitable projects, expanded sales of the company’s own products and services, and ongoing measures to improve productivity and quality.」
Although there was a decline following the hardware replacement demand, growth in the priority businesses and services for the manufacturing and public sectors resulted in net sales up 3.0% year on year, operating income up 20.1% and ordinary income up 21.1%. - FY2020-Q2AdvancedAnnual report
「As a result, for the six months ended September 30, net sales decreased by ¥66 million, or 0.3%, year on year to ¥25,241 million, despite growth in the smart factory and security services businesses and expanding demand for systems construction, development support and migration services for the manufacturing and public sectors, due to the impact of the decline following the previous fiscal year’s hardware replacement demand. Although certain development projects became unprofitable, operating income increased by ¥333 million, or 13.1%, to ¥2,870 million, ordinary income increased by ¥370 million, or 14.5%, to ¥2,929 million, and profit attributable to owners of the parent increased by ¥280 million, or 16.3%, to ¥2,006 million, reflecting an increase in highly profitable projects, expanded sales of the company’s own products and services, and ongoing measures to improve productivity and quality.」
Although the smart factory and security businesses grew and demand expanded, net sales decreased by 0.3% year on year due to the reversal of hardware replacement demand. Operating income increased by 13.1% and ordinary income by 14.5%, supported by highly profitable projects, expanded sales of the company’s own products and services, and measures to improve productivity and quality. - FY2020-Q1AdvancedAnnual report
「As a result, for the three months ended June 30, net sales decreased by ¥470 million, or 3.6%, year on year to ¥12,725 million, despite growth in the priority smart factory and security services businesses and in systems construction, development support and migration services for the manufacturing and public sectors, due to the decline following the previous fiscal year’s hardware replacement demand. On the other hand, operating income increased by ¥278 million, or 20.8%, to ¥1,619 million, ordinary income increased by ¥299 million, or 22.2%, to ¥1,648 million, and profit attributable to owners of the parent increased by ¥238 million, or 26.8%, to ¥1,125 million, reflecting an increase in highly profitable projects, stronger promotion of the company’s own products and services, and ongoing measures to improve productivity and quality.」
Net sales decreased by 3.6% year on year due to the reversal of hardware replacement demand, while operating income increased by 20.8% and ordinary income by 22.2%, supported by highly profitable projects, promotion of the company’s own products and services, and measures to improve productivity and quality. - FY2019AdvancedAnnual report
「As a result, for the fiscal year, net sales increased by ¥4,010 million, or 8.7%, year on year to ¥50,005 million, as the growth strategy progressed in line with plan and business performed strongly across the board against a backdrop of favourable market conditions. In addition to the increase in profit accompanying higher sales, the resolution of unprofitable projects incurred in the previous fiscal year and measures to improve productivity and quality improved profit margins. Operating income increased by ¥1,233 million, or 32.9%, to ¥4,982 million, and ordinary income increased by ¥1,239 million, or 32.4%, to ¥5,058 million.」
The growth strategy progressed in line with plan, resulting in full-year net sales up 8.7%, operating income up 32.9% and ordinary income up 32.4%. - FY2019-Q3AdvancedAnnual report
「As a result, for the nine months ended December 31, business performed strongly across the board against a backdrop of favourable market conditions. Net sales increased by ¥3,948 million, or 12.0%, year on year to ¥36,979 million. In addition to the increase in profit accompanying higher sales, the resolution of unprofitable projects incurred in the previous fiscal year and measures to improve productivity and quality improved profit margins. Operating income increased by ¥1,094 million, or 42.1%, to ¥3,696 million, ordinary income increased by ¥1,086 million, or 41.2%, to ¥3,722 million, and profit attributable to owners of the parent increased by ¥781 million, or 45.5%, to ¥2,500 million.」
Business performed strongly across the board, resulting in net sales up 12.0% year on year, operating income up 42.1% and ordinary income up 41.2%. - FY2019-Q2AdvancedAnnual report
「As a result, for the six months ended September 30, business performed steadily across the board, resulting in higher net sales and income year on year. In particular, transactions expanded as IT investment became more active, mainly in the manufacturing and public sectors, while the priority businesses grew against a backdrop of favourable market conditions. Net sales increased by ¥2,713 million, or 12.0%, year on year to ¥25,308 million. In addition to the increase in profit accompanying higher sales, the resolution of unprofitable projects incurred in the previous fiscal year and improvements in profit margins resulting from measures to improve productivity and quality led to higher income. Operating income increased by ¥894 million, or 54.5%, to ¥2,537 million, and ordinary income increased by ¥887 million, or 53.1%, to ¥2,558 million.」
Growth in the priority businesses, increased IT investment in the manufacturing and public sectors, and the resolution of unprofitable projects resulted in cumulative net sales up 12.0% year on year and operating income up 54.5%. - FY2019-Q1AdvancedAnnual report
「As a result, for the three months ended June 30, net sales increased by ¥1,786 million, or 15.7%, year on year to ¥13,195 million, as the smart factory and security services businesses grew against a backdrop of favourable market conditions, while activity to adopt advanced technologies such as IoT increased in the assembly-based manufacturing sector and business expanded, particularly with major customers. Operating income increased by ¥666 million, or 98.7%, to ¥1,340 million, ordinary income increased by ¥655 million, or 94.4%, to ¥1,349 million, and profit attributable to owners of the parent increased by ¥445 million, or 100.7%, to ¥887 million, reflecting the resolution of unprofitable projects incurred in the previous fiscal year, growth in sales, and the effects of ongoing measures to improve productivity and quality.」
Growth in the priority businesses and expanded transactions through the use of IoT resulted in net sales up 15.7% year on year and operating income up 98.7%. - FY2018AdvancedAnnual report
「As a result, for the fiscal year, the systems development field for assembly-based manufacturing remained firm, while the priority smart factory and security services businesses each grew against a backdrop of favourable market conditions. The data centre services and ICT infrastructure construction businesses also performed strongly. Net sales were ¥45,994 million, up ¥2,018 million, or 4.6%, year on year.」
The smart factory, security services, data centre and ICT infrastructure construction businesses grew, resulting in full-year net sales up 4.6% year on year. - FY2018-Q3AdvancedAnnual report
「As a result, for the nine months ended December 31, net sales increased by ¥362 million, or 1.1%, year on year to ¥33,031 million, as the priority security services and smart factory businesses grew against a backdrop of favourable market conditions, while the data centre services and ICT infrastructure construction businesses also performed strongly. Higher sales of the company’s own products, which carry high gross margins, and measures to improve productivity aimed at improving business efficiency were effective, resulting in operating income of ¥2,601 million, up ¥271 million, or 11.6%, and ordinary income of ¥2,635 million, up ¥224 million, or 9.3%.」
The priority security services, smart factory, data centre and ICT infrastructure construction businesses grew, resulting in net sales up 1.1% year on year and operating income up 11.6%. - FY2018-Q2AdvancedAnnual report
「As a result, for the six months ended September 30, net sales increased by ¥701 million, or 3.2%, year on year to ¥22,594 million, as the priority security services and smart factory businesses each grew against a backdrop of favourable market conditions. Operating income, however, decreased by ¥14 million, or 0.9%, to ¥1,642 million, and ordinary income decreased by ¥61 million, or 3.6%, to ¥1,670 million, due to the impact of unprofitable projects in certain contracted development projects that arose in the first quarter and an increase in the pro forma standard taxation associated with tax reforms.」
Growth in the security services and smart factory businesses resulted in cumulative net sales up 3.2% year on year. Operating income and ordinary income declined due to unprofitable projects and other factors. - FY2018-Q1AdvancedAnnual report
「As a result, for the three months ended June 30, net sales increased by ¥422 million, or 3.8%, year on year to ¥11,409 million, as the priority businesses, including the smart factory and security services businesses, grew. Operating income, however, decreased by ¥110 million, or 14.1%, to ¥674 million, and ordinary income decreased by ¥127 million, or 15.5%, to ¥694 million, due to the occurrence of unprofitable projects in certain contracted development projects.」
The smart factory and security services businesses and other priority businesses grew, resulting in net sales up 3.8% year on year. Operating income and ordinary income declined due to the occurrence of unprofitable projects. - FY2017AdvancedAnnual report
「As a result, for the fiscal year, net sales increased by ¥1,225 million, or 2.9%, year on year to ¥43,976 million, and operating income increased by ¥56 million, or 1.7%, to ¥3,311 million, reflecting growth in the priority businesses, including the smart factory-related business. Ordinary income, however, decreased by ¥20 million, or 0.6%, to ¥3,420 million, due mainly to the reversal of the prior-year gain on valuation resulting from a change in the purpose for holding securities.」
Growth in the priority businesses resulted in full-year net sales up 2.9% year on year and operating income up 1.7%. - FY2017-Q3AdvancedAnnual report
「As a result, for the nine months ended December 31, performance benefited from growth in the smart factory-related business, sales of the SmartSESAME® office security solution series to local governments, and the Convergent® business conducted in collaboration with Microsoft Japan. Net sales were ¥32,669 million, up ¥814 million, or 2.6%, year on year.」
The smart factory business, SmartSESAME® sales to local governments and Convergent® grew, resulting in cumulative net sales up 2.6% year on year. - FY2017-Q2First statedAnnual report
「The various growth strategies progressed in line with plan, supported by strong performance in the smart factory-related business. Net sales were ¥21,893 million, up ¥160 million, or 0.7%, year on year.」
As of the current quarter, the performance discussion indicated strong performance in the smart factory-related business and progress on the growth strategy in line with plan.