Software Service (3733) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 was ¥9,049 million, a 12.9% decrease year-over-year.

• Operating income fell 27.5% to ¥1,810 million, and net income attributable to shareholders dropped 27.0% to ¥1,260 million compared to the same quarter last year.

• Despite declines, results are in line with internal plans, with steady demand from existing users for DX-related systems.

Financial highlights

• Gross profit for Q1 FY2025 was ¥2,472 million, down from ¥3,133 million year-over-year.

• Comprehensive income for the quarter was ¥1,266 million, a 27.6% decrease year-over-year.

• EPS for Q1 was ¥240.99, down from ¥330.24 in the prior year.

• Hardware sales and software sales declined 22.3% and 17.0% year-over-year, respectively.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥41,600 million, up 8.3% year-over-year.

• Full-year operating income is projected at ¥8,246 million, up 13.3% year-over-year.

• No revisions to previously announced guidance.