Asahi Intelligence Service (9799) Investor update summary

Business profile and services

• ICT services span network construction and operations, software design and development, host-system maintenance, office support and help desks; workforce was 1,898 at September 2024.

• At September 2024, network services represented 83.3% of operations, system development 14.7% and system operations 2.0%.

• Domestic information-services industry revenue is forecast to grow at an 8.2% annual average rate over 2025–2029.

Competitive strengths

• Customer industries are diversified: automotive-related manufacturing contributed 35.7% of sales, telecommunications 16.6%, other manufacturing 12.9%, and finance and insurance 8.1% at September 2024.

• Services include automotive system operations and server maintenance, financial-process improvement, telecom security and web platforms, and retail system support.

• Growth priorities include investing in employee recruitment, training, technical skills and retention, supported by long-term customer relationships and improvement proposals.

Performance and outlook

• FY2024 revenue was ¥14,786m and operating profit ¥1,427m; FY2025 targets are record revenue of ¥15,550m and record operating profit of ¥1,535m, with a 9.9% operating margin target.

• FY2025 Q3 revenue reached ¥11,710m (+7.5% YoY), operating profit ¥1,200m (+16.6%), ordinary profit ¥1,219m (+15.8%) and net profit ¥843m (+17.5%).

• FY2025 Q3 total assets were ¥13,887m, net assets ¥11,330m and equity ratio 81.6%, versus 78.7% at FY2024 year-end.