Computer System Holdings ＜4072＞ announced consolidated financial results for the 1st quarter (January to March 24) of the fiscal year ending 2024/12 on the 13th. Sales increased 0.4% from the same period last year to 14.653 billion yen, operating profit decreased 5.6% to 1,119 billion yen, ordinary profit decreased 3.4% to 1,145 billion yen, and quarterly net profit attributable to parent company shareholders increased 1.6% to 786 million yen.
Sales in the information services business increased 3.3% from the same period last year to 9.193 billion yen, and operating profit increased 22.3% to 577 million yen. In information processing services, invoice preparation agency services, etc. have remained steady. In SI and software development, projects such as systems for local governments, manufacturing systems, etc., and cloud service fields such as Google Workspace and Google Maps performed well, and since information security products were also doing well, sales increased even though there was a decline in spot projects, etc. in product and product sales.
Sales of the storage agency service business decreased 4.2% from the same period last year to 5.460 billion yen, and operating profit fell 25.1% to 538 million yen. Although there were orders and operations from new customers, starting with local governments, sales declined because there was a decrease in the number of cases handled by existing customers or no significant increase in the number of cases handled in other settlement services. As for international remittance services, the personal remittance market continues to be in a difficult environment due to the depreciation of the yen, etc., and the “Convenience Store/Western Union International Money Transfer Service (pre-registration type)” will end at the end of 2024/3, and the “storefront Western Union international money transfer service WILL CALL,” which does not require prior registration, continues to operate. Also, profits declined due to an increase in some purchase unit prices and continuing to improve the environment for new storage agency services in addition to conventional services.
As for the full-year consolidated earnings forecast for the fiscal year ending 2024/12, the initial plan for sales is 65.70 billion yen, up 10.3% from the previous fiscal year, operating income is 4.100 billion yen, up 3.4% from the same period, ordinary profit is 4.120 billion yen, up 2.5%, and net income attributable to parent company shareholders is 2,790 billion yen, up 39.2% from the same period.