Tokyo Stock Exchange Prime Market: Securities Code 3992
Needs Well Inc.
Financial Results
for the Third Quarter of Fiscal Year 2022
(October 1, 2021 - June 30, 2022)
August 5, 2022
- 2022/9 3Q Financial report summary
- 2022/9 Results forecast
- Growth strategy
- Reference
1.1) Financial highlights 1
Significant increase in both net sales and profit year on year, showing a strong trend of expansion
- Expanded sales channels and reinforced the customer base through active capital and business alliances and business alliances
- Expansion in telecommunications and new orders for installation of large-sized VDIs contributed to sales growth
- The Solutions Business gave momentum to our growth, driven by a paperless work environment, telework, and the revised Preservation of Electronic Records Act
Net sales 4,972 million JPY | YoY +16.7% | |||
Ordinary profit 560 million JPY | YoY +28.2 % | Ordinary profit margin | ||
11.3 % | ||||
388 million JPY | YoY +26.7% | Net profit ratio | ||
Net profit | 7.8 % | |||
Financial Results for the Third Quarter of Fiscal Year 2022 | 3 |
1.1) Financial highlights 2
Quarterly net sales and ordinary profit in FY2022/9 hit record highs in 1Q, 2Q, and 3Q
Both net sales and ordinary profit are progressing faster than forecasts
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
[Net sales by quarter]
Unit: million JPY
Total | Total | ||||||||||
[Ordinary profit by quarter]
700 Unit: million JPY
Total
Total
138 698
Total | Total | 5,752 | 1,727 | 6,700 | |
5,517 | |||||
Total | 5,364 | (forecast) | (forecast) | ||
600
Total Total
582
(forecast) (forecast)
5,140 | 1,490 | |||
1,420 | 1,285 | |||
1,401 | ||||
1,718 | ||||
1,268 | 1,373 | 1,268 | 1,443 | |
1,391 | 1,470 | 1,690 | ||
1,253 | 1,382 | |||
1,217 | 1,341 | 1,418 | 1,348 | 1,562 |
Total 505 514
500 467
400 123 134 175
300 | 88 | 104 | 71 |
200 133 155 174
100
121 110 92
0
145
135
170
130
186
193
181
FY2018/9 | FY2019/9 | FY2020/9 | FY2021/9 | FY2022/9 |
1Q | 2Q | 3Q | 4Q |
FY2018/9 | FY2019/9 | FY2020/9 | FY2021/9 | FY2022/9 | ||||||
1Q | 2Q | 3Q | 4Q | |||||||
Financial Results for the Third Quarter of Fiscal Year 2022 | 4 |
1.1) Financial highlights 3
Medium-Term Management Plan Targets for FY2023/9
Net sales: 10.0 billion JPY Ordinary profit: 1.0 billion JPY
Present
situation
Now>
While existing businesses are steadily expanding, we are facing issues in the pace of concluding M&A contracts
Breakdown of performance targets of the Medium-Term Management Plan (FY2023/9)
Existing businesses: | M&A: | Net sales | |||||
7.7 billion JPY | 2.3 billion JPY | Total: | |||||
10.0 billion JPY | |||||||
Amount | |||||||
FY2022 (forecast) Existing businesses: 6.7 billion JPY + M&A: 0 billion JPY | |||||||
remaining: | |||||||
3.3 billion JPY | |||||||
FY2021 (results) Existing businesses: 5.7 billion JPY + M&A: 0 | billion JPY | ||||||
FY2020 (results) Existing businesses: 5.3 billion JPY + M&A: | 0 billion JPY | ||||||
Measures
& revisions
Expand the weight of existing businesses by revising the breakdown of sales targets for existing businesses and M&A.
- Cover delays in M&A by increased sales from capital and business alliances / business alliances
- Continue to explore M&A projects that have the potential for synergies. Now working on evaluating the value of several projects
- If a large amount of additional funding is required, consider bank loans instead of fund-raising through the issuance of new shares
Financial Results for the Third Quarter of Fiscal Year 2022 | 5 |
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