Cybertrust Japan Co.ltd. · TSE:4498

Cybertrust Japan Co.ltd — Q3 FY2024 Earnings Presentation

47 slides from Cybertrust Japan Co.ltd's earnings presentation, Jan 29, 2025

Slide 1: FY2024 Q3 Financial Results
Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. FY2024 Q3 Financial Results Third Quarter of the Fiscal Year Ending March 31, 2025 C
Slide 2: Executive Summary
Executive Summary Double-digit YoY increases in sales and profits, reaching record high FY2024 Q3 net sales and operating income Financial Results - Performance driven by high growth-driver services contributing to earnings Solid progress towards full-year earnings targets FY2024 Full-Year - Recurri
Slide 3: Agenda
◼ FY2024 Q3 Financial Summary Agenda ◼ Overview by Service Segment  Authentication and Security Services  Platform Services ◼ FY2024 Full-Year Forecast ◼ Appendix 3 Copyright Cybertrust Japan Co., Ltd. All rights reserved.
Slide 4: FY2024 Q3 Financial Summary
◼ FY2024 Q3 Financial Summary ◼ Overview by Service Segment  Authentication and Security Services  Platform Services ◼ FY2024 Full-Year Forecast ◼ Appendix 4 Copyright Cybertrust Japan Co., Ltd. All rights reserved.
Slide 5: FY2024 Q3 Consolidated Results (nine-month total)
FY2024 Q3 Consolidated Results (nine-month total) YoY double-digit increase in both sales and profits, record high Q3 net sales and operating income Net sales rose 14.8% YoY to 5,308 million yen Operating income increased 39.5% YoY to 968 million yen FY23 Q3 FY24 Q3 YoY Change (Unit: Millions of yen
Slide 6: Trend in Quarterly Sales by Transaction Type
Trend in Quarterly Sales by Transaction Type Growth driven by Q3 recurring services post leap in net sales growth high growth-driver services (Millions of yen) Professional services 1,977 Licenses 1,842 1,837 Recurring services 1,729 1,661 1,643 543 1,536 1,560 1,537 421 415 1,468 1,468 1,493 1,408
Slide 7: Sales by Service Segment (nine-month total)
Sales by Service Segment (nine-month total) ■ Authentication and Security: Sales grew with accumulation of recurring services centered on high-growth- driver service iTrust, and large orders were won in professional services ■ Platform: CentOS Extended support continued to make earnings contribution
Slide 8: Overview by Service Segment
◼ FY2024 Q3 Financial Summary ◼ Overview by Service Segment  Authentication and Security Services  Platform Services ◼ FY2024 Full-Year Forecast ◼ Appendix 8 Copyright Cybertrust Japan Co., Ltd. All rights reserved.
Slide 9: Authentication and Security Services: Performance and Initiatives
▌Authentication and Security Services | Performance and Initiatives by Service Segment Recurring services grew led by high-growth-driver service iTrust (Unit: Millions of yen) Authentication and Security FY23 Q3 FY24 Q3 Recurring service Services net sales （Nine-month （Nine-month YoY Change (Sales b
Slide 10: Quarterly Trend in KPI of iTrust
▌Quarterly Trend in KPI of High-Growth-Driver Service iTrust Number of iTrust transactions (number of paid API use) (Number of transactions) Q1 Q2 Q3 Q4 Number of uses: 9.34 million per quarter 9,347,709 YoY change 1.3 times 7,453,967 4,207,804 Trust service boasting outstanding performance 1,893,02
Slide 11: Initiatives to Expand Scope of Use of iTrust (e-seal)
▌Initiatives to Expand Scope of Use of iTrust (e-seal) Growing needs for e-seal Education industry adoption Ministry of Internal Affairs and Communications iTrust certificate for e-seal adopted as NTT WEST’s plans to launch e-seal certification system, online certification transmission function back
Slide 12: Initiatives to Expand Scope of Use of Device IDs
▌Initiatives to Expand Scope of Use of Device IDs School administration DX needs grow Education industry adoption under the GIGA School Concept Ministry of Education, Culture, Sports, Science and Device ID device authentication adopted Technology’s initiative to require device authentication and for
Slide 13: Platform Services
◼ FY2024 Q3 Financial Summary ◼ Overview by Service Segment  Authentication and Security Services  Platform Services ◼ FY2024 Full-Year Forecast ◼ Appendix 13 Copyright Cybertrust Japan Co., Ltd. All rights reserved.
Slide 14: Platform Services: Performance and Initiatives
▌ Platform Services ｜ Performance and Initiatives by Service Segment CentOS Extended support continued to make earnings contributions with strong revenues increase (Unit: Millions of yen) Recurring service Linux/OSS Services net FY23 Q3 FY24 Q3 sales (by transaction (Nine-month (Nine-month YoY Chang
Slide 15: Initiatives to Expand Scope of Use of AlmaLinux
▌ Initiatives to Expand Scope of Use of AlmaLinux Expand customer base in key infrastructure markets Providing support from virtual environments *Excerpt from FY2024 Q2 Financial Results (p.16) Target markets Key infrastructure Cybertrust Japan and Axis collaborate to provide markets Proxmox VE* ser
Slide 16: Initiatives to Expand Scope of Use of EMLinux
▌Initiatives to Expand Scope of Use of EMLinux Meeting standards and legal frameworks related to international Main initiatives safety standards New adoptions and cross-sales to existing customers Focused initiatives to expand earnings among operators requiring vulnerability management and long-term
Slide 17: FY2024 Full-Year Forecast
◼ FY2024 Q3 Financial Summary ◼ Overview by Service Segment  Authentication and Security Services  Platform Services ◼ FY2024 Full-Year Forecast ◼ Appendix 17 Copyright Cybertrust Japan Co., Ltd. All rights reserved.
Slide 18: FY2024 Full-Year Forecast
FY2024 Full-Year Forecast Solid progress towards full-year earnings targets Recurring services have continued to grow since Q2 and professional services have also performed well YoY change FY23 FY24 (Unit: Millions of yen) Change Rate of change Net sales 6,466 7,200 +733 +11.3% Operating income 1,11
Slide 19: FY2024 Dividend Forecast
▌FY2024 Dividend Forecast As of the beginning of FY2024, Cybertrust forecasts to continue paying a stable dividend Forecast of 17.50 yen per share Cybertrust’s basic dividend policy is to pay dividends from the surplus, once a year, as year-end Dividend dividend in a stable and continuous manner wit
Slide 20: Share Repurchase
Share Repurchase Repurchase of Company shares to raise capital efficiency and implement flexible capital policies in response to changes in the business environment The Company, at a Board of Directors meeting held January 29, 2025, resolved on the repurchase of its own shares and the methods of rep
Slide 21: Appendix
◼ FY2024 Q2 Financial Summary (Including Services Realignment) ◼ Overview by Service Segment  Authentication and Security Services  Platform Services ◼ FY2024 Full-Year Forecast ◼ Appendix 21 Copyright Cybertrust Japan Co., Ltd. All rights reserved.
Slide 23: Sales by type of transaction before Services Realignment
[Reference] Sales by type of transaction in the three services before the change in Services Realignment Unit (Millions of yen) FY23 Q3 FY24 Q3 Services Type of transaction (Nine-month (Nine-month Change Change (%) total) total) License 115 115 △0 △0.2 Authentication and security Professional servic
Slide 24: Consolidated PL (Detailed Sales by Service)
▌ Consolidated PL (Detailed Sales by Service) (Millions of yen) Consolidated FY22 FY23 Change The sales 6,167 6,466 +298 Authentication and security services 3,543 3,943 +399 License 155 158 +3 Professional services 448 598 +149 Recurring service 2,939 3,186 +247 Platform Services 2,624 2,523 △101 L
Slide 25: Consolidated BS
▌ consolidated BS (Millions of yen) End of March 2023 End of March 2024 Change Rate of change Current assets 5,401 6,181 +779 +14.4% (Cash and deposits) 4,366 4,891 +525 +12.0% (Notes, accounts receivable and contract assets) 878 1,068 +190 +21.7% Fixed assets 2,465 2,235 △229 (9.3)% (Software) 980
Slide 26: Major Consolidated Management Indicators
▌ Major Consolidated Management Indicators The sales 1Net assets per share (yen)BPS) Return on equity (ROE) (Millions of yen) (Unit: yen) 743.93 (%) 6,466 699.26 6,167 13.8 610.12 5,731 12.2 8.9 1 FY21 FY22 2 FY23 3 FY21 1 FY22 2 FY23 3 FY21 1 FY22 2 FY23 3 Operating income and operating income marg
Slide 28: Corporate Philosophy and Mission
▌ Corporate Philosophy and Mission Security and Trust We will realize a Safe and Secure Digital Society As a socially responsible company, We recognize that “responding to the Sustainable Development Goals (SDGs)” is a key management issue. Through our business and corporate activities, we work to r
Slide 29: About Us
▌ About Us Company Name Cybertrust Japan Co., Ltd ◼ Authentication and Security Services Business Activities ◼ Platform Services Sever solution, IoT embedded solution Date of Establishment June 1, 2000 〒106-0032 Address Ark Hills Sengishiyama Mori Tower 35F, 1-9-10 Roppongi, Minato-ku, Tokyo <Consol
Slide 30: History
▌ History On October 1, 2017, we (former MIRACLE LINUX Corporation) as the surviving company completed an absorption-type merger with former Cybertrust Japan co., Ltd. and name change of and commenced operations as Cybertrust Japan co., Ltd. Year and month Summary MIRACLE LINUX CORPORATION is establ
Slide 31: History and Targets
▌ History and Targets The history of the former Cybertrust Japan co., Ltd. since its establishment until its mergered is as follows Year and month Summary Sep. 1995 NSJ Corporation established to develop software May, 1999 Contracted as the sole Japanese distributor of Baltimore Technologies Plc ("B
Slide 32: SDGs Initiatives
SDGs Initiatives Contributing to the Realization of a Sustainable Society Along with Business Growth Social Issues Addressed through Business Activities Social Issues Addressed through Corporate Activities By promoting trust services to support DX Achieving corporate growth by creating resilient org
Slide 33: Policies and Indicators and Targets
Policies and indicatorsators and Targets We have established KPI (evaluation indicators) for the following two of the four materiality items in the strategic plan. Materiality KPI (Valuation Indicators) Percentage of female employees in managerial positions: Achieved at least 8.2% (at least average
Slide 35: Issues Solved by Cybertrust and Value Provided
▌ Issues Solved by Cybertrust and Value Provided Providing essential trust services in the era of digital transformation (DX) people, experiences and things Issues for digitalization Identity theft ⚫ Longest operation track (people, infrastructure connecting New safe and secure civil record of any c
Slide 36: Business Overview
▌Business Overview Providing Trust Services to Realize a Safe and Secure Digital Society Authentication and security Platform Expertise in electronic authentication Expertise in Linux/OSS Longest domestic electronic certification International Standards OS authority investment performance to Support
Slide 37: Overview of Authentication and Security Services
▌ Overview of Authentication and Security Services Providing trust services for areas such as digital certificate, digital Identity verification and digital signature - the ‘ID cards’ of the digital economy An operation track record as Japan’s first commercial certification authority and one conform
Slide 38: Overview of Platform Services
▌ Overview of Platform Services By a group of engineers working in the global OSS community Only domestic Linux/OSS distributor Application Combines functions required for Linux kernels Provided and supported as a Linux distribution Middleware Large number of adoptions in critical systems System man
Slide 39: Glossary ①
▌ Glossary ① Term Description Digitized identity certificates that properly certify and identify targets. These certificates verify the authenticity digital certificate of people, goods, etc. by examining and issuing them by a certification authority as a reliable third-party organization. Preventin
Slide 40: Glossary ②
▌ Glossary ② Term Description A digital certificate that installs a certificate on the user’s device (such as a PC or smartphone) to authenticate Client certificate the user as the authorized user. There are two main types: User certificates and device certificates. Issued to information devices suc
Slide 41: Glossary ③
▌ Glossary ③ Term Description Abbreviation for Red Hat Enterprise Linux. A Linux distribution developed and sold by Red Hat for RHEL business use. CentOS Community-based free LinuxOS that is highly compatible with RHEL A nonprofit organization of users, developers and fans created mainly to develop,
Slide 42: Glossary ④: Security-Standard FIPS 140-3
▌ Glossary ④: Security-Standard "FIPS 140-3" Summary Standard for cryptographic modules established by the National Institute of Standards and Technology (NIST:National What is FIPS 140-3? Institute of Standards and Technology) that was certified in March 2019. Functions as a standard for realizing
Slide 43: Product name comparison table
▌ Product name comparison table Function Official product name Abbreviations in this document 【Authentication and Security] SSL/TLS server certificate SureServer SureServer device authentication Cybertrust Device ID Device ID Certification bureau outsourcing services Cybertrust Managed PKI Managed P
Slide 44: Product and Service Introduction Pages
▌ Product and Service Introduction Pages Product and service introduction page URL CyberTrust Japan Co., Ltd. Web website https://www.cybertrust.co.jp/(Link) [Authentication and Security] SureServer service https://www.cybertrust.co.jp/sureserver/(Link) Cybertrust Device ID Service https://www.cyber
Slide 45: Press Release List (FY24 Q3~)
▌ Press Release List (FY24 Q3~) ,グサライフト Webィカルユーザーインターフェイステキスト ,座屋る人女内が含まれている画像性テキストが含まれている画像自動的に生成された説明低い精度で自動的に生成された説明自動的に生成された説明自動的に生成された説明 10.09 10.17 10.21 10.30 Cybertrust Japan and Rikei Cybertrust Japan launches Cybertrust Japan launches Cybertrust Japan's iTrust e- collabora
Slide 46: Disclaimer
▌ Disclaimer ◼ The materials and information provided in this presentation contain ‘forward-looking statements’. ◼ They are based on current expectations, forecasts and risk-bearing assumptions, and involve uncertainties that could lead to results that differ materially from these statements. ◼ Thes

Cybertrust Japan — Q3 FY2024 Earnings Presentation on 6ix

Cybertrust Japan Co.ltd — Q3 FY2024 Earnings Presentation

Slide 1: FY2024 Q3 Financial Results

Slide 2: Executive Summary

Slide 3: Agenda

Slide 4: FY2024 Q3 Financial Summary

Slide 5: FY2024 Q3 Consolidated Results (nine-month total)

Slide 6: Trend in Quarterly Sales by Transaction Type

Slide 7: Sales by Service Segment (nine-month total)

Slide 8: Overview by Service Segment

Slide 9: Authentication and Security Services: Performance and Initiatives

Slide 10: Quarterly Trend in KPI of iTrust

Slide 11: Initiatives to Expand Scope of Use of iTrust (e-seal)

Slide 12: Initiatives to Expand Scope of Use of Device IDs

Slide 13: Platform Services

Slide 14: Platform Services: Performance and Initiatives

Slide 15: Initiatives to Expand Scope of Use of AlmaLinux

Slide 16: Initiatives to Expand Scope of Use of EMLinux

Slide 17: FY2024 Full-Year Forecast

Slide 18: FY2024 Full-Year Forecast

Slide 19: FY2024 Dividend Forecast

Slide 20: Share Repurchase

Slide 21: Appendix

Slide 22: Numeric data

Slide 23: Sales by type of transaction before Services Realignment

Slide 24: Consolidated PL (Detailed Sales by Service)

Slide 25: Consolidated BS

Slide 26: Major Consolidated Management Indicators

Slide 27: Corporate Profile

Slide 28: Corporate Philosophy and Mission

Slide 29: About Us

Slide 30: History

Slide 31: History and Targets

Slide 32: SDGs Initiatives

Slide 33: Policies and Indicators and Targets

Slide 34: Business Overview

Slide 35: Issues Solved by Cybertrust and Value Provided

Slide 36: Business Overview

Slide 37: Overview of Authentication and Security Services

Slide 38: Overview of Platform Services

Slide 39: Glossary ①

Slide 40: Glossary ②

Slide 41: Glossary ③

Slide 42: Glossary ④: Security-Standard FIPS 140-3

Slide 43: Product name comparison table

Slide 44: Product and Service Introduction Pages

Slide 45: Press Release List (FY24 Q3~)

Slide 46: Disclaimer

Slide 47: Security and Trust