Digital Information Technologies Corporation
Financial Results for the Second Quarter of the Fiscal Year Ending June 2022
(TSE1: 3916) | February 2022 |
https://www.ditgroup.jp
- FY6/2022 2Q Financial Results
- FY6/2022 Business Forecasts
- FY6/2022 Priority Measures by Segment/Initiatives in 1H
- DIT Group's Vision for 2030 and New Mid-term Management Plan
- Reference material
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1. FY6/2022 2Q Financial Results
https://www.ditgroup.jp
FY6/2022 2Q Overview of Financial Results
- Steadily responded to demand; achieved new record highs in sales
and profits, breaking the previous-year records.
- Operating income margin remained high at 12.7%
Progress rate to the full-year forecasts
Net sales (Est.): 15,600 million yen
Operating income (Est.): 1,900 million yen
Net sales: 7,685 million yen
(+8.8% YoY)
Net sales
2Q
2Q 49.4%
Operating income: 973 million yen
2Q
49.3%
(+6.7% YoY)
Operating income margin: 12.7%
(-0.2ppt.)
Operating
income
57%
2Q
51.2%
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FY6/2022 2Q Overview of Financial Results (Business)
Our ore Software Development Business grew.
Both the Business Solutions Unit and the Embedded Solutions Units drove the favorable performance.
- Software Development Business
- In the Business Solutions Unit (+9.5% YoY), sales and profits increased thanks to significant growth in our mainstay business system development. In business system development, sales of pharmaceutical- related projects grew significantly, while the acquisition of communications, manufacturing, and ERP- related projects progressed more than expected. Operational support was partly affected by business reforms at mainstay customers, but steadily grew by capturing needs such as cloud infrastructure construction.
- In the Embedded Solutions Unit (+9.2% YoY), sales and profits increased thanks to significant growth in semiconductor-related projects and increase in system verifications. In embedded systems development, sales of mainstay automobile-related projects went out of the pause and sales of semiconductor-related projects grew significantly. Sales and profits of IoT-related projects also increased steadily. In embedded system verification, sales and profits increased significantly YoY thanks to significant growth in automotive verification, as well as growth in 5G and pharmaceuticals-related projects.
- In the Original Product Unit (+12.8% YoY), sales grew steadily in both xoBlos and WebARGUS despite continuing constraints on business negotiations following the COVID-19 crisis. Electronic contract cloud DD-CONNECT received more inquiries and also received orders from major construction companies, etc.
- In the Systems Sales Business (-8.5%YoY), sales and profits decreased as COVID-19 had a large impact on its mainstay face-to-face sales activities, despite a respite in the reactionary fall following the special demand.
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