Document and entity information
Jul 2015 Oct 2014
Company information
Company information
FASF member mark true
Document name 1
Filing date 2014-12-04
Company name Bit-isle Inc. Stock exchange listings
Tokyo true
Tokyo 1st section true
Tokyo 2nd section - Tokyo Mothers - Tokyo JASDAQ - Tokyo PRO Market - Tokyo Others - Nagoya - Nagoya 1st section - Nagoya 2nd section - Nagoya Centrex - Nagoya Others - Sapporo - Sapporo - Sapporo Ambitious - Sapporo Others - Fukuoka - Fukuoka - Fukuoka Q-Board - Fukuoka Others - Green Sheet - Japan Securities Dealers Association -
Securities code 38110
URL http://www.bit-isle.co.j p/
Business category
General Business true
Specific Business - Fiscal Year End 2015-07-31
Quarterly period 1
Representative
Title
Name
Inquiries Title Name
Tel 03-5805-8151
Other
Quarterly statement filing date (as planned) 2014-12-12
Supplemental material of quarterly results true
Way of getting - Convening briefing of quarterly results true
Target for briefing of quarterly results
Note to fraction processing method
Business Results-Quarterly operating results
(in millions of yens)
Quarterly operating results
Quarterly operating results
Consolidated operating results
Consolidated income statements information
Net sales
Oct 2014 Oct 2013
Net sales 4,289 4,427
% change -3.1 9.9
Operating income
Operating income 504 806
% change -37.5 0.1
Ordinary income
Ordinary income 438 742
% change -41.0 1.1
Net income
Net income 259 460
% change -43.7 2.3
Note to consolidated income statements information
Comprehensive income
Comprehensive income 222 445
Change in comprehensive income -50.1 -24.1
Other consolidated operating results
Net income per share (Yen) 7.38 12.96
Diluted net income per share (Yen) 7.26 12.64
Note to consolidated operating results
Note to operating results -
Business Results-Quarterly financial positions
(in millions of yens)
Quarterly financial positions
Quarterly financial positions
Consolidated financial positions
Oct 2014 Jul 2014
Total assets 39,202 37,735
Net assets 12,614 12,599
Capital adequacy ratio (%) 31.0 32.2
Net assets per share (Yen) 345.89 346.42
Note to consolidated financial positions
Owner's equity 12,135 12,143
Note to financial positions -
Business Results-Note to quarterly business results
Quarterly note to business results
Quarterly note to business results
Note to consolidated financial results
Oct 2014
Note to consolidated financial results -
Quarterly Dividends
(in millions of yens)
Quarterly dividends
Quarterly dividends
Dividends
Dividend per share (Yen) Dividend per share (Yen)
First quarter
Jul 2015 Oct 2014 Jul 2014
Result - - Second quarter
Result 6.00
Forecast 6.00
Upper - Lower -
Third quarter
Result - Forecast -
Upper - Lower -
Year end
Result 7.00
Forecast 7.00
Upper - Lower -
Annual
Result 13.00
Forecast 13.00
Upper - Lower -
Correction of dividend forecast from the most recent dividend forecast
Correction of dividend forecast from the most recent dividend forecast
Annual - Note to dividends
Note to dividends
Annual -
Quarterly forecasts
Quarterly forecasts
Title for forecasts
Preamble to consolidated forecasts
Quarterly Forecasts
(in millions of yens)
Jul 2015 Jan 2015
3. 27 7
26
8 1 27
7 31
Preamble to forecasts - Main table of consolidated forecasts
Net sales
Net sales
Forecast 23,700 8,700
Upper - - Lower - -
% change
Forecast 34.6 -1.4
Upper - - Lower - -
Operating income
Operating income
Forecast 2,600 1,000
Upper - - Lower - -
% change
Forecast -3.9 -33.4
Upper - - Lower - -
Ordinary income
Ordinary income
Forecast 2,350 860
Upper - - Lower - -
% change
Forecast -3.3 -37.1
Upper - - Lower - -
Net income
Net income
Forecast 1,440 500
Upper - - Lower - -
% change
Forecast 4.1 -41.3
Upper - - Lower - -
Net income per share (Yen)
Net income per share (Yen)
Forecast 41.08 14.26
Upper - - Lower - -
Note to consolidated forecasts
Note to forecasts - Correction of financial forecast from the most recent financial forecast
Correction of financial forecast from the most recent financial forecast
Forecast -
Notes, Quarterly-Material changes in subsidiaries during this period changes
in scope of consolidations resulting from change in subsidiaries
Oct 2014
Material changes in subsidiaries during this period (Changes in scope of consolidations resulting from change is subsidiaries)
Material changes in subsidiaries during this period (Changes in scope of consolidations resulting from change is subsidiaries)
Others
Material changes in subsidiaries during this period (Changes in scope of consolidations resulting from change is subsidiaries)
Material changes in subsidiaries during this period (Changes in
scope of consolidations resulting from change is subsidiaries) - Number of subsidiaries newly consolidated -
Name of subsidiaries newly consolidated - Number of subsidiaries excluded from consolidation - Name of subsidiaries excluded from consolidation -
Note to material changes in subsidiaries during this period
Note to material changes in subsidiaries during this period -
Notes, Quarterly-Applying of specific accounting of the consolidated quarterly
financial statements
Oct 2014
Applying of specific accounting of the consolidated quarterly financial statements
Applying of specific accounting of the consolidated quarterly financial statements
Others
Applying of specific accounting of the consolidated quarterly financial statements
Applying of specific accounting of the consolidated quarterly financial statements
Note to applying of specific accounting of the consolidated quarterly financial statements
Note to applying of specific accounting of the consolidated quarterly
true
financial statements -
Notes, Quarterly-Changes in accounting policies and accounting estimates
retrospective restatement
Oct 2014
Changes in accounting policies, accounting estimates and retrospective restatement
Changes in accounting policies, accounting estimates and retrospective restatement
Others
Changes in accounting policies, accounting estimates and retrospective restatement
Changes in accounting policies based on revisions of accounting standard
Changes in accounting policies other than ones based on revisions
true
of accounting standard - Changes in accounting estimates - Retrospective restatement -
Note to changes in accounting policies, accounting estimates and retrospective restatement
Note to changes in accounting policies, accounting estimates and
retrospective restatement -
Notes, Quarterly-Number of issued and outstanding shares common stock
Oct 2014 Jul 2014 Oct 2013
Number of issued and outstanding shares (common stock) Number of issued and outstanding shares (common stock)
Others
Number of issued and outstanding shares (common stock)
Number of issued and outstanding shares at the end of fiscal year 35,684,000 35,654,000
(including treasury stock)
Number oftreasury stock at the end offiscal year
Average number of shares
Note to number ofissued and outstanding shares (common stock) Note to number of issued and outstanding shares (common stock)
600,000
35,084,000
600,000
35,496,200
This infonnation is a summary of the earnings report. lt does not contain ali details included in the earnings report disclosed in Japanese. Translation, SummaryThis material is translation and summary form Japanese version announcing on same date. If there is difference between this material and Japanese version, please refer to Japanese versions.
Qualitative Information on Consolidated Results(1) Qualitative information on consolidated results
Operating results
IT outsourcing services market in Japan, which was worth 2,978.7 billion yen in 2013, is expected to grow to 3,475.8 billion yen in 2018 (Yano Research Institute Ltd.). Notwithstanding the increasingly uncertain economic outlook, because IT outsourcing services help users reduce costs, the market would maintain solid growth, particularly for companies that are able to provide services that strengthen the business foundations of their customers while cutting costs with services that meet diversified user needs. And many companies have started to view internet assets as something to "use", instead of something to "own". This paradigm shift is one of the elements that are driving the growth of the Bit-isle Group's business.
The data center market, which is closely correlated to the iDC service, the core service of the Bit -isle Group, is also
expected to grow from 894.8 billion yen in 2013 to 1,231.5 billion yen in 2018, driven by higher demand for new services such as cloud computing and SaaS. Even after that, the market is forecast to continue to grow by around 6.6% (International Data Corporation Japan).
In this environment, thanks to the steady performance of the Managed services and Solutions services, but due to the number of racks in operation decreasing to 4,293 racks(down 7.0% year on year) in iDC services, the Group recorded net sales of 4,289 million yen (down 3.1% year on year), operating income of 504 million yen (down 37.5% year on year), ordinary income of 438 million yen (down 41.0% year on year), and net income of 259 million yen (down 43.7% year on year) for currently period under review.
iDC servicesIn iDC services, as a result of continuing to develop and strengthen the sales operation based on data centers equipped with
sufficient power receiving capability and extensible space able to respond to the solid market conditions, but the number of racks in operation decreased to 4,293 racks(down 7.0% year on year) at current fiscal year under review. Net sales decreased too by this.
Consequently, net sales in the iDC services reached 2,541 million yen(down 6.6% year on year).
Managed servicesIn Managed services, Operation & Monitoring services growths remains firm, but rental equipment services is decreasing because of decreasing the number of racks in operation which are 4,293 racks (down 7.0% year on year.
Consequently, net sales in the Managed services reached 1,162 million yen (down 0.1% year on year).
Solutions servicesIn Solutions services, because system integration services and engineering services for outside users at Bit-surf Inc., a
wholly owned subsidiary, are steady , net sales in the Solutions services is 526 million yen(up 6.5% year on year).
(2) Qualitative information on the consolidated financial position
Total assets stood 39,202 million yen at currently period of the fiscal year under review, increase of 1,467 million yen from the end of the previous fiscal year. This was mainly attributable to decrease in cash and deposits of 742 million yen, increase in property, plant and equipment of 2,135 million yen due to data center buildings and facilities.
Total liabilities increase 1,452 million yen from the end of the previous fiscal year, to 26,588 million yen at current fiscal year under review. The major factors included to decrease debt balance of 360 million yen, increase Long-term accrued amount payable other of 2,117 million yen.
Net assets at current fiscal year under review increased 14 million yen from the end of the previous fiscal year, to 12,614 million yen. The major factors included dividend payments of 245 million yen, net income of 259 million yen. As a result, the shareholders' equity ratio came to 31.0 %.
(3) Outlook for Forecasts for consolidated sales and income for the year ending July 31, 2015
Forecasts for consolidated sales and income for the year ending July 31, 2015 is not revised.
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