✓ Net sales: +28.2% YoY, Operating income: +43.9% YoYYoY comparison of core business
(Million yen)
✓ Significant increase in sales and profits, absorbing M&A-related expenses
✓ Strong corporate needs for digital transformation (DX). Both the SI Business and the CS Business performed well.
✓ Operating income was 10.6%, exceeding the management target of 10%, due to an increase in gross margin from an increase in high-profit projects.
4,774
505
Net sales
Operating income
Summary of the Profit-and-Loss Statement
Corporate investment in IT systems, including DX, was healthy. In addition to the consolidation of subsidiaries, the number of projects increased more than expected, slightly exceeding the upwardly revised figures, and achieving an increase in both sales and profits year-on-year.
Profitability improved both in amount and ratio due to an increase in high-profit projects and reduced costs.
(Million yen)
Net sales
Gross profit
Operating income
Ordinary income
Net income attributable to owners of parent
(Figures for FY12/20 are net income)
Gross profit margin
Operating income margin
Ordinary income margin
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Axis Co. Ltd. published this content on 31 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2022 08:45:08 UTC.
Axis Co Ltd is a Japan-based company mainly engaged in system integration business and cloud service business. The system integration business provides application and infrastructure system design and development work and operation and maintenance work for financial institutions, public institutions such as government offices, general business companies and their group companies. Business application development services is involved in the development and construction of financial institutions' derivative transactions, foreign currency fund transactions, bond management, risk management, account data migration and pension systems. In the infrastructure system construction service, it designs and builds various servers, networks, storage that make up the infrastructure system. The cloud service business provides KITARO, a fleet management service that enables real-time grasp of location information and mileage of working vehicles.