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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.
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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