Supplementary Materials for the Financial Results for Quarter One of the Fiscal Year Ending Feb. 2024
Creating Better Communities through Communication
BELLSYSTEM24 Holdings, Inc.
July 12, 2023
Securities code: 6183
Q1 of FY Ending Feb. 2024 Result Summary
Revenue stood at 39.4 billion yen, up 0.3% year on year.
Operating profit decreased 3.3% year on year, to 4.1 billion yen, while profit increased 15.1% year on year, to 2.9 billion yen.
Revenue
Consolidated | Operating |
Results | profit |
Profit attributable to
owners of parent
39.4
4.1
2.9
Same
billion yen period YoY
Same
billion yen period YoY
Same
billion yen period YoY
+0.3%
-3.3%
+15.1%
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Q1 of FY Ending Feb. 2024 Result Overview
Revenue stood at 39.37 billion yen, up 0.13 billion yen or 0.3% year on year.
- Revenue from fundamental business rose steadily by 3.24 billion yen year on year, to 35.76 billion yen, mainly reflecting the expansion of the new and existing projects.
- Business related to national policy matters including COVID-19 declined 3.04 billion yen year on year, to 3.44 billion yen.
Operating profit reached 4.14 billion yen, down 0.14 billion yen or 3.3% year on year.
Profit reached 2.94 billion yen, up 0.39 billion yen or 15.1% year on year.
- Increased significantly year on year, mainly reflecting an increase in the share of profit of investments accounted for using equity method and decreases in finance costs and income tax expenses.
(Unit: billions of yen)
Consolidated | |||||||
Q1 of FY ended | Q1 of FY ending | Same period YoY | Same period YoY | Earnings | Progress | ||
Feb. 2023 | Feb. 2024 | YoY Change | YoY Percent | Forecast | rate | ||
(Planned) | |||||||
Change | |||||||
Revenue | 39.24 | 39.37 | +0.13 | +0.3% | 157.00 | 25.1% | |
Fundamental business | 32.52 | 35.76 | +3.24 | +10.0% | 145.10 | 24.6% | |
Business related to COVID-19 | 6.48 | 3.44 | -3.04 | -47.0% | 11.00 | 31.2% | |
Other | 0.24 | 0.17 | -0.07 | -28.9% | 0.90 | 19.1% | |
Operating profit | 4.28 | 4.14 | -0.14 | -3.3% | 13.80 | 30.0% | |
Operating profit ratio | 10.9% | 10.5% | 8.8% | ||||
Profit attributable to owners of parent | 2.56 | 2.94 | +0.39 | +15.1% | 8.80 | 33.5% | |
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Analysis of Change in Revenue for Q1 of FY Ending Feb. 2024
Revenue stood at 39.37 billion yen, up 0.13 billion yen, or 0.3%, from 39.24 billion yen in the previous fiscal year.
Revenue from fundamental business increased 3.24 billion yen, or 10%, year on year, partly reflecting a rise in revenue due to the conversion of a subsidiary in Vietnam to a consolidated subsidiary, as well as the strong performances of the personnel- and education-related business and cashless payment-related business.
Business related to national policy matters including COVID-19 decreased 3.04 billion yen, or 47.0%, year on year, primarily due to a decline in demand for vaccine-related services.
(Unit: billions of yen)
Business related to | ||
Fundamental business | COVID-19 | Other |
+3.24 | -3.04 | |||
39.24 | 39.37 | |||
-0.07 | ||||
+0.13 | |
(+0.3%) | |
Q1 of FY ended | Q1 of FY ending |
Feb. 2023 | Feb. 2024 |
Revenue | Revenue |
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Outstanding Fields of Fundamental Business
in Q1 of FY Ending Feb. 2024
In the personnel- and education-related business, business related to mid-careeremployment assistance increased as corporate hiring interest remained strong.
Revenue from the non-face-to-face-related business remained strong overall due to the stable performance of insurance-related business, although demand for e-commerce- and delivery-related businesses started to decline in the middle of the previous fiscal year.
In the cashless payment-related business, QR code payment business remained strong and demand for credit- card-related business grew sharply.
Personnel- and education- | Non-face-to-face- | Cashless payment- |
related business | related business | related business |
Trend in revenue | Trend in revenue | Trend in revenue |
FY2019 | FY2020 | FY2021 | FY2022 | FY2023 FY2019 | FY2020 | FY2021 | FY2022 | FY2023 FY2019 | FY2020 | FY2021 | FY2022 | FY2023 |
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