Just Planning <4287> announced its consolidated financial results for the first quarter of FY2025 (February-April 2024) on the 14th. Sales decreased by 1.0% YoY to ¥510 million, operating profit decreased by 3.8% to ¥115 million, ordinary profit decreased by 4.6% to ¥116 million, and net profit attributable to the parent company's shareholders decreased by 3.5% to ¥79 million for the quarter.
Sales of the ASP business increased by 3.4% YoY to ¥257 million, and segment profits increased by 2.3% to ¥198 million. Since August 1999, the company has been developing its main service, "Leave It to the Net," for the food service industry. In the current fiscal year, the company is working on improving the quality and expanding the sales of "Leave It to the Net EX," an evolved version of "Leave It to the Net" that enhances the system's customizability by supporting multi-devices, multi-OS, and multi-browsers. In addition, the company is expanding the sales of "Leave It to Touch," which replaces the conventional dedicated handy terminals with smartphones, tablet terminals, etc. to utilize them as order terminals within restaurants and enables the real-time confirmation of store sales and order information, as well as iToGo, a smartphone application business for takeout businesses launched on August 1, 2020. As takeout businesses expand, the company group is expanding the functionality of its smartphone applications and strengthening collaboration with store management system "Leave It to the Net" to meet diverse customer needs.
Sales of the system solution business decreased by 30.6% YoY to ¥15 million, and segment profits decreased by 18.7% to ¥5 million. Since its establishment in March 1994, the company has been engaged in planning, developing, and selling software for building business systems, such as store systems and headquarters systems (POS systems, attendance and leaving systems, and food ordering systems), for the food service industry.
Sales of the logistics solution business decreased by 7.6% YoY to ¥175 million, and segment profits decreased by 4.9% to ¥26 million. The company is engaged in solution service businesses such as logistics solutions, merchandising solutions, and headquarter business outsourcing services for external food chain companies.
Sales of the photovoltaic power generation business decreased by 1.7% YoY to ¥26 million, and segment profits increased by 3.4% to ¥15 million. Since February 2015, the company has been engaged in the sale of electricity to electric power companies using solar power generation facilities at two locations in Nasuokashinobara City and Nasu Town, Tochigi Prefecture, and one location in Sendai City, Miyagi Prefecture, since February 2016.
Sales of the other business increased by 27.1% YoY to ¥36 million, and segment profits increased by 22.6% to ¥27 million. Since August 2009, the company has been operating directly-managed food service stores. The company is utilizing store operation know-how by its employees and undertaking employee training, information system development, and test marketing of new systems. In this first quarter, the company operated store operations during normal business hours due to the relaxation of restrictions on activities with respect to the novel coronavirus infection.
The company plans to maintain its initial plan for the consolidated performance forecast for the fiscal year ending January 2025, with sales of ¥22.0 billion, up 6.2% from the previous year, operating profit of ¥550 million, up 11.5% YoY, ordinary profit of ¥550 million, up 10.7% YoY, and net profit attributable to the parent company's shareholders of ¥377 million, up 6.3% YoY.