Slide 1: Financial Results for FY06/25
Financial Results for FY06/25 (July 1, 2024 to June 30, 2025) [Non-Consolidated] Intelligent Wave Inc. Announced on August 8, 2025 © INTELLIGENT WAVE INC. All rights reserved.
Slide 2: Financial Results for FY06/25 agenda
Financial 2024年6月期１QResults for FY06/25 業績と成果 Forecast for FY06/26 Progress of the Medium-Term Management Plan Reference © INTELLIGENT WAVE INC. All rights reserved. 2
Slide 3: Overview
Overview ■ Net sales increased due to firm sales in the mainstay payment domain and the introduction of products to a major customer in the security domain. ■ Profit was lower than in the previous year due to the impact of quality enhancement measures for a certain project, product composition in th
Slide 4: Sales by Business Domain
Sales by Business Domain ■ In the payment domain, sales increased due to steady investment demand centered on credit card companies. Sales in the acquiring area declined due to a large project for a credit card company that was shifted to the system development phase. Sales in others area decreased
Slide 5: Top Five Clients by Sales
Top Five Clients by Sales ■ For DNP, security-related sales increased due to the introduction of new security products. ■ Sales to “System Integrator” clients 2. and 3. declined due to a large project for a credit card company that was shifted to the system development phase. ■ Sales to “Credit card
Slide 6: Sales by Category
Sales by Category ■ System development sales decreased significantly due to the shift of development phases for a large project. Sales of other projects rose, but total sales decreased. ■ Sales of in-house products and services increased due to the launch of infrastructure operation services. ■ Clou
Slide 7: Operating income
Operating income ■ Gross margins for system development and maintenance improved, but overall profitability declined, due to the impact of quality enhancement measures for a certain project, changes in the product mix in the security domain, and lump-sum depreciation of some of our own products. ■ S
Slide 8: Cloud Service Business
Cloud Service Business ■ Net sales increased due to an increase in the number of users of fraud detection service, additional functions for existing users, and the launch of a large-scale project. ■ Gross profit declined due to the impact of quality enhancement measures for a certain project. Althou
Slide 9: Amount of orders (by Category)
Amount of orders (by Category) ■ Orders for system development decreased due to the shift in development phases for a large project and temporary investment restraints by existing customers. Looking ahead to the next fiscal year, we are promoting proposals in anticipation of multiple system renewal
Slide 10: Orders on Hand (by Category)
Orders on Hand (by Category) The orders backlog increased due to recurring revenue projects for cloud services, security, and infrastructure operation services for financial institutions. Million yen ■…System Development ■…Maintenance, In-house products and services, Third-party products and service
Slide 11: Reference) Recurring and Spot
Reference) Recurring and Spot ■ Sales by Type ■ Orders on Hand (Recurring and Spot) (Recurring and Spot) …Spot Million yen …Spot Million yen …Recurring …Recurring 21,795 21,187 1,896 20,311 1,588 20,000 18,636 1,115 16,584 2,235 15,596 14,518 13,995 2,141 15,000 13,800 13,374 11,548 12,073 1,887 6,3
Slide 12: Forecast for FY06/26
Financial Results for FY06/25 Forecast 2025年6月期for業績予想 FY06/26 Progress of the Medium-Term Management Plan Reference © INTELLIGENT WAVE INC. All rights reserved. 12
Slide 13: FY06/26 Full-year Forecasts
FY06/26 Full-year Forecasts ■ Sales were higher than initial forecast in the medium-term management plan due to demand for system renewal from major credit card companies. ■ Profits will continue to be affected by the product mix in the security domain, but we will strive to improve profitability by
Slide 14: Shareholder Returns
Shareholder Returns ■ Our basic dividend policy is to maintain stable dividends with a target payout ratio of 50%. ■ The year-end dividend for FY2025 will be 20 yen per, as forecast at the beginning of the year. ■ We expect to award annual dividends for FY2026 of 37 yen per share, consisting of an i
Slide 15: Progress of the Medium-Term Management Plan
Financial Results for FY06/25 Forecast for FY06/26 Progress 中期事業計画進捗 of the Medium-Term Management Plan Reference © INTELLIGENT WAVE INC. All rights reserved. 15
Slide 16: Medium-Term Management Plan (2025–2027)
Medium-Term Management Plan(2025–2027) We will aim to diversify our business and establish a foundation for sustainable growth, looking ahead to the 2030s. We will also develop our business in various fields, particularly in the payment, security, and technology domains, to bring value to people's l
Slide 17: Basic Policies
Basic Policies To prepare for the market environment of the 2030s, we will focus on three key areas of transformation: "business," "technology," and "human resources," to continue developing products and services that create new levels of reliability. 01 Transformation of Business ①Maximize the valu
Slide 18: Progress of Medium-Term Management Plan
Progress of Medium-Term Management Plan In the first year of the medium-term plan, profits fell short of targets due to the impact of quality enhancement measures for a certain project, and lump-sum depreciation of some of our own products. From next fiscal year onwards, we will aim to achieve the t
Slide 19: Business Domain Initiatives
Business Domain Initiatives Business Domain Main Initiatives Key Issues Enhancing the added ・Transition to new versions of flagship products in the FEP area and streamlining of development ・Expansion of channels among key value of our proprietary ・Diversification of fraud detection solutions and cus
Slide 20: Reference
Financial Results for FY06/25 Forecast for FY06/26 Progress of the Medium-Term Management Plan Reference 参考資料 © INTELLIGENT WAVE INC. All rights reserved. 20
Slide 21: Cost of manufacturing
Cost of manufacturing Million yen FY06/24 FY06/25 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Materials cost 10 7 9 5 17 5 6 11 Labor cost 745 744 737 718 770 747 751 742 Expenses 569 667 661 780 819 814 790 1,003 Subcontracting cost 1,085 1,124 1,163 1,151 1,064 1,032 969 901 Total manufacturing cost 2,411 2,544 2,571
Slide 22: SG&A expenses
SG&A expenses Million yen FY06/24 FY06/25 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Salaries 387 382 381 405 407 428 416 431 Training and recruiting 24 12 9 35 18 12 12 40 Equipment and maintenance, etc. 127 108 113 111 108 112 110 115 Advertising 14 17 16 15 13 14 26 12 Others 137 137 115 128 127 131 146 129 Total 6
Slide 23: Cash Flows
Cash Flows ＋4,263 Million yen (1,599) (1,052) Purchase of intangible assets (1,351) Income before taxes ＋1,890 Purchase of PP&E (319) D&A ＋1,444 A/R increase ＋1,985 Inventory decrease +222 Dividends (1,050) 6,422 4,813 A/P decrease (760) Income taxes paid (878) JPY 1,609 mil increase 30-Jun-24 Opera
Slide 24: Historical performance
Historical performance 15000 ■… Net sales ■ … Operating income Million yen Transition to TSE prime market 13000 Listing on the 1st Section of TSE 11000 9000 Inclusion into the DNP Group 7000 Listing on the JASDAQ market 5000 3000 1000 1985 86 87 88 89 90 91 92 93 94 95 96 97 98 99 2000 01 02 03 04 0
Slide 25: Reference) FY06/26 Forecasts by Category
Reference) FY06/26 Forecasts by Category Million yen FY06/25 FY06/26 Change Actual Forecast （YoY) 1H 2H Full year 1H 2H Full year Net sales 7,540 8,055 15,596 8,000 9,400 17,400 +11.6％ System development 3,479 3,359 6,838 2,670 3,760 6,430 (6.0％) Maintenance 796 822 1,619 820 830 1,650 +1.9％ In-hous
Slide 26: Company overview
Company overview As of June 30,2025 Established December 27, 1984 Location Kayabacho Tower, 1-21-2 Shinkawa, Chuo-ku, Tokyo Employees 519 Parent company Dai Nippon Printing Co., Ltd. [50.73%] Capital stock JPY843.75k Shares 26,340,000 Shareholders 11,536 outstanding Ownership [%] % of shareholders I
Slide 27: Intelligent Wave Inc.
These materials were produced to provide information concerning the company and its businesses. They are not intended as a solicitation for investment in securities issued by Intelligent Wave Inc. The opinions, forecasts, and other forward-looking statements in these materials are based on the compa