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Fuji Soft Incorporated (9749) investor relations material

Fuji Soft Incorporated Q1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2025 earnings summary14 May, 2025

Executive summary

  • Revenue rose 6.5% year-over-year to ¥83,492 million, driven by strong SI business and demand for DX and advanced technology solutions.

  • Operating income increased 4.7% to ¥6,346 million, while ordinary income rose 7.5% to ¥6,218 million, despite higher personnel and operating costs.

  • Net income attributable to shareholders fell 37.8% to ¥4,183 million, mainly due to the absence of last year's one-time real estate sale gain.

  • The company is executing a mid-term plan focused on growth above market rate, profitability improvement, and group synergy.

  • Shares are scheduled for delisting following a tender offer and subsequent procedures by FK Corporation, so no full-year earnings forecast is provided.

Financial highlights

  • Gross profit grew 5.2% year-over-year to ¥18,925 million; gross margin slightly decreased to 22.7%.

  • SG&A expenses increased 5.5% to ¥12,578 million, reflecting higher personnel and operating costs.

  • Comprehensive income dropped 53.8% to ¥3,882 million, impacted by lower net income and other comprehensive items.

  • EPS for Q1 FY2025 was ¥66.38, down from ¥106.96 in the prior year.

  • Cash and deposits at quarter-end were ¥36,682 million, up ¥1,022 million from last year.

Segment performance

  • SI business revenue up 5.9% year-over-year to ¥78,431 million; operating profit up 2.4% to ¥5,692 million, led by automotive and manufacturing demand.

  • Embedded/control software and business software segments posted double-digit revenue growth, driven by automotive and manufacturing.

  • Facility segment revenue declined 2.9% to ¥703 million, but operating profit increased 22.9% to ¥327 million due to completed building projects.

  • Other segment revenue grew 20.6% to ¥4,356 million, with operating profit up 36.1% to ¥327 million, driven by increased call center services.

  • Product & services segment revenue was flat; profit declined due to lower sales of in-house and third-party products.

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Frequently asked questions

Fuji Soft Incorporated is an information technology services company that provides software development, system integration, and IT consulting services across various industries. Its offerings span embedded systems, cloud solutions, AI, and IoT, with applications in manufacturing, finance, telecommunications, and public sectors. Fuji Soft supports clients in digital transformation efforts, delivering customized solutions and managed IT services to enhance operational efficiency and innovation. The company is headquartered in Yokohama, Japan, and its shares are listed on the TSE.

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