1st Quarter of the Fiscal Year Ending March 31, 2022 | |
Supplementary Information Material | |
Aug 4, 2021 | for Financial Results |
Securities code: 2335
Contents 1
2
3
1Q of the Fiscal Year Ending March 31, 2022
Overview of Financial Results
Fiscal Year Ending March 31, 2022
Outlook
Appendix
Copyright (C) 2021 CUBE SYSTEM INC. All rights reserved 2
1Q1of the Fiscal Year
Ending March 31, 2022
Overview of
Financial
Results
- Overview of Consolidated Statements of Income
- Trends in Transition by Accounting Period
- Factors Leading to Changes in Operating Profit (Compared to the Previous Fiscal Year)
- Trends in Net Sales and Operating Profit by Service Information Segment
- Trends in Net Sales and Operating Profit by Industry
- Trends in Net Sales and Operating Profit by Business Model
- Index Per Capita
Copyright (C) 2021 CUBE SYSTEM INC. All rights reserved 3
1-1. Overview of Consolidated Statements of Income
Overview of
Financial Results
Increased sales and profits due to increased orders in the transportation and telecommunications industry,
in addition to reform of business structure model
Net sales
Operating
Profit
Outlook
Up 18.2% from the previous fiscal year Achievement rate for earnings forecast: 24.9%
Significant expansion of system building projects for a courier business operators and expansion of orders for system building projects for a telecommunications company in the transportation and telecommunication industry. Expansion of derivative development projects from existing markets in the distribution industry.
Up 56.5% from the previous fiscal year Achievement rate for earnings forecast: 30.8%
Realization of high-profit through resource consolidation for high margin SI business (*Lift & Shift).
Expansion of derivative development projects in the enhancement business.
Due to the uncertain situation of the convergence of the new coronavirus infection, we have not changed our full-year forecasts as stated in the "Summary of Financial Results for the Fiscal Year Ended March 31, 2021" released on May 11, 2021.
FYE 2022 | FYE 2021 | FYE 2022 | |
1Q | |||
1Q | (Forecast) | ||
(Actual) | |||
(Actual) | (Progress %) | ||
(Unit: millions of yen) | (% change) | ||
Net sales | 3,987 | 3,373 | 16,000 |
(+18.2%) | (24.9%) | ||
Operating | 378 | 242 | 1,230 |
Profit | (+56.5%) | (30.8%) | |
Margin (%) | 9.5% | 7.2% | 7.7% |
Ordinary | 390 | 248 | 1,250 |
Profit | (+57.1%) | (31.2%) | |
Margin (%) | 9.8% | 7.4% | 7.8% |
Net Profit | 262 | 165 | 850 |
attributable to | (+59.0%) | (30.9%) | |
owners of parent | |||
Margin (%) | 6.6% | 4.9% | 5.3% |
*Migrate customer's system from legacy environments to cloud one (Lift), followed by proceeding with system restructuring in stages while optimizing for cloud environments (Shift). | 4 |
Copyright (C) 2021 CUBE SYSTEM INC. All rights reserved |
1-2. Trends in Transition by Accounting Period
Overview of
Financial Results
(Millions of yen) | FYE2020 | FYE2021 | FYE2022 | (%) | |||||||||||||
4,500 | 25.0 | ||||||||||||||||
4,000 | 20.0 | ||||||||||||||||
3,500 | |||||||||||||||||
Net sales | 3,000 | ||||||||||||||||
15.0 | |||||||||||||||||
Gross margin | 2,500 | ||||||||||||||||
Operating | 2,000 | ||||||||||||||||
margin | 10.0 | ||||||||||||||||
1,500 | |||||||||||||||||
1,000 | 5.0 | ||||||||||||||||
500 | |||||||||||||||||
0 | 0.0 | ||||||||||||||||
1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | 1Q | |||||||||
Apr-Jun | Jul-Sep | Oct-Dec | Jan-Mar | Apr-Jun | Jul-Sep | Oct-Dec | Jan-Mar | Apr-Jun | |||||||||
Net sales | 3,379 | 3,691 | 3,463 | 4,172 | 3,373 | 3,710 | 3,508 | 4,197 | 3,987 | ||||||||
Cost of sales | 2,855 | 3,007 | 2,872 | 3,468 | 2,730 | 3,027 | 2,854 | 3,335 | 3,124 | ||||||||
Gross profit | 524 | 683 | 591 | 703 | 642 | 683 | 653 | 861 | 862 | ||||||||
(15.5％) | (18.5％) | (17.1％) | （16.9％） | (19.1％) | (18.4％) | (18.6％) | （20.5％） | （21.6％） | |||||||||
Selling, general and | |||||||||||||||||
administrative | 423 | 391 | 365 | 362 | 400 | 372 | 413 | 478 | 483 | ||||||||
expenses | |||||||||||||||||
Operating Profit | 100 | 291 | 225 | 340 | 242 | 310 | 239 | 382 | 378 | ||||||||
(3.0％) | (7.9％) | （6.5％） | （8.2％） | (7.2％) | (8.4％) | （6.8％） | （9.1％） | （9.5％） | |||||||||
Ordinary Profit | 107 | 290 | 230 | 347 | 248 | 355 | 318 | 372 | 390 | ||||||||
(3.2％) | (7.9％) | （6.7％） | （8.3％） | (7.4％) | (9.6％) | （9.1％） | （8.9％） | （9.8％） | |||||||||
Quarterly net Profit | 50 | 191 | 150 | 132 | 165 | 235 | 196 | 247 | 262 | ||||||||
attributable to owners | (1.5％) | (5.2％) | （4.4％） | （3.2％） | (4.9％) | (6.3％) | （5.6％） | （5.9％） | （6.6％） | ||||||||
of parent | |||||||||||||||||
Copyright (C) 2021 CUBE SYSTEM INC. All rights reserved 5 |
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