Cacco : 【Delayed】Financial Results for the First Quarter of Fiscal Year Ending December 31, 2021
July 21, 2021 at 04:03 am EDT
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COPYRIGHT 2021 Cacco Inc.
Cacco Inc.｜ Stock Code: 4166 May 14, 2021
Financial Results for the First Quarter of Fiscal Year Ending December 31, 2021
Note: This document is an excerpt translation of the original japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original japanese document, the latter shall prevail.
Financial Results for the First Quarter of the Fiscal Year Ending December 31, 2021
Financial Results for FY2021 1Q / Highlight of Business Results
Net sales: +14.1% YoY due to steady expansion of fraud detection services
Regarding the fraudulent order detection service "O- PLUX", an increase in the volume of screenings by existing customers and progress in acquiring new customers led to sales of the core fraud detection service grew 27.8% YoY, and overall sales were 222 million yen (+14.1% YoY).
Operating income: +29.8% YoY due to sales increase and cost reduction
Operating income was 50 million yen (+29.8% YoY) and ordinary income was 47 million yen (+28.2% YoY) due to higher sales and cost reductions, despite an increase in selling, general and administrative expenses due to higher personnel costs associated with increased hiring. Net income was 32 million yen (-43.5% YoY) due to an increase in income taxes-deferred (tax expenses) resulting from a decrease in deferred tax assets.
（Unit: million yen)
FY2020
FY2021
YoY
FY2021
Progress %
1Q
1Q
Forecast
Net sales
195
222
+14.1%
909
24.5%
Operating
38
50
+29.8%
154
32.4%
income
(Profit margin)
19.7%
22.4%
+2.7pt
17.0%
-
Ordinary
36
47
+28.2%
149
31.6%
income
(Profit margin)
18.9%
21.2%
+2.3pt
16.4%
-
Net income
57
32
-43.5%
102
31.9%
(loss)
（C）Cacco Inc. All Rights Reserved.
4
Financial Results for FY2021 1Q / Net Sales Trends
Fraud detection, the core service, increased by YoY27.8%. Total sales volume expanded YoY14.1%.
Fraud Detection Service
Net Sales Trends
（Unit: million yen)
Payment Consulting Service
216
223
212
9
Data Science Service
12
200
8
222
189
195
14
22
172
167
41
39
8
19
7
18
24
14
12
21
27
29
13
Year-on-Year
190
+27.8％
183
128
141
162
159
148
168
167
1Q
2Q
FY2019
3Q
4Q
1Q
2Q
FY2020
3Q
4Q
1Q
（C）Cacco Inc. All Rights Reserved.
FY2021
5
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Cacco Inc. published this content on 21 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 July 2021 08:02:04 UTC.
Cacco Inc is a Japan-based company mainly engaged in the provision of software as a service (SaaS) type algorithms services by developing and providing algorithms and software products based on data science technology and know-how. The Company is engaged in the provision of fraud detection services such as SaaS-type fraudulent order detection service O-PLUX that detects fraudulent orders that may be unpaid in real time as a countermeasure against fraud in online payment in the electronic commerce (EC) field, and fraudulent access detection service O-motion, as well as payment consulting services for postpaid payment operators, and data science services that analyze using big data and develop and provide algorithms.
CACCO INC. 
