”Through transformation into
a DX group, we contribute to the
creation of a sustainable society "
President & Representative Director
In the fiscal year ended March 31, 2023, the Company focused on transforming itself into a digital transformation (DX) corporate group that contributes to the creation of a sustainable society, by leveraging its strengths such as a strong customer base, extensive service lineup and the comprehensive capabilities of its group.
In the Company’s mainstay public field, it promoted the standardization of its municipality information system WebRings according to the national standard specifications of such systems, while providing solutions that contribute to municipal DX, including online administrative procedures. Going forward, the Company will offer strong support for the DX of municipalities and customers in local communities and private companies.
Moreover, the Company steadily pursued measures for the continuous strengthening of DX personnel development based on technical personnel training systems.
The Company will continue to execute initiatives to bolster its management base, by enhancing corporate governance through business restructuring within the group, transition to a company with an audit & supervisory committee, etc. Moreover, it will promote sustainability-driven management to allow the Company to achieve continued growth by taking steps to enhance quality control and reduce the risk of failures.
In the current fiscal year, performance in the public field remained robust in terms of new WebRings development projects, new orders for municipal DX projects and other projects for systems and measures, while IT investment demand recovered in retailing and other industrial fields. Cloud service projects at group companies also recorded favorable performance. As a result, consolidated net sale increased 5.9% year on year, to ¥42,404 million.
On the profit side, operating profit rose 93.7% year on year, to ¥3,801 million, ordinary profit increased 88.4% year on year, to ¥3,882 million, and profit attributable to owners of parent climbed 95.4% year on year, to ¥2,541 million. All the profit figures above exceeded the pre-COVID levels, the results in the fiscal year ended March 31, 2020, and achieved record highs. These results chiefly reflected increases in sales mainly in the Public sector and the General Industry sector and a review of software investment strategy in the previous fiscal year.
Based on the foregoing, the Company decided to increase the annual dividend by ¥5 to ¥45 per share for the current fiscal year.
The Company would like to ask its shareholders for their continued guidance and encouragement.