3rd Quarter of the Fiscal Year Ending March 31, 2022 | |
Supplementary Information Material | |
Feb. 2, 2022 | for Financial Results |
Securities code: 2335
Contents 1
2
3
3Q of the Fiscal Year Ending March 31, 2022
Overview of Financial Results
Fiscal Year Ending March 31, 2022
Outlook
Appendix
Copyright (C) 2022 CUBE SYSTEM INC. All rights reserved 2
3Q1of 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 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) 2022 CUBE SYSTEM INC. All rights reserved 3
1-1. Overview of Consolidated Statements of Income Continue to reform the business structure model
Overview of
Financial Results
Increase in sales and profit due to optimization of resources with a focus on SI business(*Lift ＆ Shift)
Net sales
Operating
Profit
Up 13.7% from the previous fiscal year Achievement rate for earnings forecast: 75.3%
Expansion of system building projects for a shipping company and a telecommunications company.
Up 41.7% from the previous fiscal year Achievement rate for earnings forecast: 80.2%
Achievement of high profit through resource optimization and consolidation for high margin SI business (Lift & Shift).
Expansion of additional development related to the existing projects.
2021/12 | 2020/12 | FYE 2022 | |
Actual | Forecast(After revision) | ||
Actual | |||
(Unit: millions of yen) | (YoY) | (Progress %) | |
Net sales | 12,041 | 10,591 | 16,000 |
（+13.7％） | （75.3%） | ||
Operating | 1,122 | 792 | 1,400 |
Profit | （+41.7％） | （80.2%） | |
Margin (%) | 9.3% | 7.5% | 8.8% |
Ordinary | 1,133 | 922 | 1,420 |
Profit | （+22.9%） | （79.8%） | |
Margin (%) | 9.4% | 8.7% | 8.9% |
Outlook
No change of our full-year 2022 forecasts released on November 4, 2021.
Net Profit | 755 | 596 | 950 |
attributable to | （+26.6％） | （79.5%） | |
owners of parent | |||
Margin (%) | 6.3% | 5.6% | 5.9% |
*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) 2022 CUBE SYSTEM INC. All rights reserved |
-2. Trends in Transition by Accounting Period | |||||||
Overview of | |||||||
1 | |||||||
Financial Results | |||||||
(Millions of yen) | FYE2020 | FYE2021 | FYE2022 | (%) | |||
4,500 | 25.0 | ||||||
4,000 | |||||||
3,500 | 20.0 | ||||||
Net sales | 3,000 | 15.0 | |||||
Gross margin 2,500 | |||||||
Operating | 2,000 | ||||||
margin | 10.0 | ||||||
1,500 |
1,000 | |||||||||||||
500 | |||||||||||||
0 | |||||||||||||
3Q | |||||||||||||
1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | 1Q | 2Q | ||||
Apr-Jun | Jul-Sep | Oct-Dec | Jan-Mar | Apr-Jun | Jul-Sep | Oct-Dec | Jan-Mar | Apr-Jun | Jul-Sep | Oct-Dec | |||
Net sales | 3,379 | 3,691 | 3,463 | 4,172 | 3,373 | 3,710 | 3,508 | 4,197 | 3,987 | 4,073 | 3,981 | ||
Cost of sales | 2,855 | 3,007 | 2,872 | 3,468 | 2,730 | 3,027 | 2,854 | 3,335 | 3,124 | 3,217 | 3,118 | ||
Gross profit | 524 | 683 | 591 | 703 | 642 | 683 | 653 | 861 | 862 | 855 | 862 | ||
（15.5％） | （18.5％） | (17.1％) | （16.9％） | （19.1％） | （18.4％） | (18.6％) | （20.5％） | （21.6％） | （21.0%） | (21.7％) | |||
Selling, general and | 423 | 391 | 365 | 362 | 400 | 372 | 413 | 478 | 483 | 487 | 486 | ||
administrative expenses | |||||||||||||
Operating income | 100 | 291 | 225 | 340 | 242 | 310 | 239 | 382 | 378 | 368 | 375 | ||
（3.0％） | （7.9％） | （6.5％） | （8.2％） | （7.2％） | （8.4％） | （6.8％） | （9.1％） | （9.5％） | （9.0％） | （9.4％） | |||
Ordinary income | 107 | 290 | 230 | 347 | 248 | 355 | 318 | 372 | 390 | 362 | 380 | ||
（3.2％） | （7.9％） | （6.7％） | （8.3％） | （7.4％） | （9.6％） | （9.1％） | （8.9％） | （9.8％） | （8.9％） | （9.6％） | |||
Quarterly net income | 253 | ||||||||||||
attributable to owners of | 50 | 191 | 150 | 132 | 165 | 235 | 196 | 247 | 262 | 238 | |||
parent | （1.5％） | （5.2％） | （4.4％） | （3.2％） | （4.9％） | （6.3％） | （5.6％） | （5.9％） | （6.6％） | （5.9％） | （6.4％） | ||
5.0
0.0
Copyright (C) 2022 CUBE SYSTEM INC. All rights reserved 5
This is an excerpt of the original content. To continue reading it, access the original document here.