Consolidated: Financial Forecasts
FY2024/9
Against the backdrop of the corporate DX shift, cloud demand is expected to expand in a wide range of areas, including infrastructure, app development, and ERP. In addition, as not only public cloud service providers but also all hardware and software manufacturers are accelerating the development of functions that incorporate the increasingly noticed generative AI, we will continue to provide proposals and services to maximize cloud benefits for our customers by combining the superior products of each company, with Microsoft Cloud at the core.
In FY2024/9, we plan to increase the scale of our overall business through the above measures, and by actively hiring and strengthening training for further growth in the future. The Company forecasts an increase in both sales and profit, with net sales of 126,800 million yen (up 12.4% year-on-year), operating income of 5,100 million yen (up 21.6% year-on-year), ordinary income of 5,100 million yen (up 17.3% year-on-year).
Meanwhile, The Company forecasts an decrease in profit attributable to owners of parent of 1,500 million yen (down 55.2% year-on-year) due to the recording of goodwill impairment loss as an extraordinary loss related to the Company's holdings of NEXTSCAPE stock.
- The forecasts are based on information currently available and actual results may differ from these forecasts due to a variety of factors.
- The Company has started to adopt consolidated accounting in the fiscal year ended September 30, 2023.
| Unit | FY2023/9 Results (Consolidated) |
FY2024/9 Forecasts (Consolidated) |
YoY | YoY % | |
|---|---|---|---|---|---|
| Net sales | mil. yen | 112,800 | 126,800 | 14,000 | 12.4% |
| Operating profit | mil. yen | 4,192 | 5,100 | 908 | 21.6% |
| Ordinary profit | mil. yen | 4,349 | 5,100 | 751 | 17.3% |
| Profit attributable to owners of parent | mil. yen | 3,350 | 1,500 | (1,850) | (55.2%) |
| Earnings per share | yen | 73.96 | 32.91 |
Financial Forecasts by Business Segments
In the Cloud integration business, in addition to enhancing the system of engineers to handle infrastructure, app development, ERP, etc., which continue to be in strong demand, we will enhance proposals using ChatGPT and other generative AI. In addition, we will sequentially pursue collaborative projects for industry-specific agile development projects to create synergies with Nextscape Inc., which became a subsidiary of JBS in December 2022.
In the Cloud service business, in addition to expanding resident services to customers by uncovering demand through an integrated production and sales organization, we will expand managed services by enhancing our own SaaS service sales system based on up-selling and cross-selling of Microsoft 365 and releasing security services specialized for cloud computing. In addition, through the business alliance with Crayon Group Holding ASA, we will expand the global support and managed services offered by Crayon Group Holding ASA.
In the License & Products business, we will continue to expand our customer base by offering micro-licenses through the global licensing agreement that we started in the last fiscal year, while taking into consideration the balance between business growth and profitability.
- The Company has started to adopt consolidated accounting in the fiscal year ended September 30, 2023.
Net sales
| Unit | FY2023/9 Results (Consolidated) |
FY2024/9 Forecasts (Consolidated) |
YoY | YoY % | |
|---|---|---|---|---|---|
| Cloud integration business | bil.yen | 23.0 bil.yen | 24.2 bil.yen | 1.2 bil.yen | 5.1% |
| Cloud service business | bil.yen | 15.4 bil.yen | 18.4 bil.yen | 3.0 bil.yen | 19.6% |
| License & Products business | bil.yen | 74.3 bil.yen | 84.2 bil.yen | 9.9 bil.yen | 13.2% |
Segment profit
| Unit | FY2023/9 Results (Consolidated) |
FY2024/9 Forecasts (Consolidated) |
YoY | YoY % | |
|---|---|---|---|---|---|
| Cloud integration business | bil.yen | 3.53 bil.yen | 3.92 bil.yen | 0.39 bil.yen | 10.8% |
| Cloud service business | bil.yen | 1.98 bil.yen | 2.05 bil.yen | 0.07 bil.yen | 3.3% |
| License & Products business | bil.yen | 2.04 bil.yen | 2.86 bil.yen | 082 bil.yen | 39.8% |
