Financial Results Briefing Session

for the Second Quarter of

the Fiscal Year Ending January 2024

Computer Engineering & Consulting Ltd. (9692)

September 13, 2023

© Computer Engineering & Consulting Ltd. All rights reserved.

Contents

Operating Results for the Second Quarter of the Fiscal

1. Year Ending January 2024

Full-Year Earnings Forecast for the Fiscal Year Ending

2. January 2024

3. Appendix

© Computer Engineering & Consulting Ltd. All rights reserved.

1

Contents

Operating Results for the Second Quarter of the Fiscal

1. Year Ending January 2024

Full-Year Earnings Forecast for the Fiscal Year Ending

2. January 2024

3. Appendix

© Computer Engineering & Consulting Ltd. All rights reserved.

2

Year-on-year comparison of 2Q results

  • Net sales and income increased as system development projects continued to be favorable in line with the strong demand for DX from major customers.
  • Operating income and ordinary income marked new record highs, but net income declined in reaction to the

recording of extraordinary income in the previous fiscal year*.

(Unit: Million yen)

FY2023/2Q

FY2024/2Q

Change from the same period of

the previous fiscal year

Amount of change

Rate of change

Net sales

23,478

26,445

2,967

12.6%

Operating income

1,969

3,525

1,555

79.0%

ー

Operating income ratio

8.4%

13.3%

4.9 pt

Ordinary income

1,988

3,549

1,560

78.5%

Ordinary income ratio

8.5%

13.4%

4.9 pt

ー

Net income

3,495

2,452

(1,043)

(29.9%)

Net income ratio

14.9%

9.3%

(5.6 pt)

ー

© Computer Engineering & Consulting Ltd. All rights reserved.

  • Gain on sale of investment securities was recorded to extraordinary income in the second quarter of the fiscal year ended J anuary 2023.
    3

First half Financial results

* Description of the focused business is detailed in the Appendix.

  • Net sales increased due to growth in the focused business* and the core business.
  • Operating income increased due to higher revenue, expanded sales of in-house solutions, and a reactionary increase in allowance for loss on orders received.
  • The operating income ratio rose in 1Q due to the year-end demand from customers and an increase in highly profitable projects, but returned to normal levels in 2Q.

Net sales (100 million yen)

Rate of

change

+12.6%

Operating income (100 million yen)

Rate of

change

+79.0%

Operating income ratio (%)

Rate of

change

+4.9 pt

1Q 2Q

252 245 224 234

264

1Q 2Q

35

28

26

1Q 2Q (Cumulative)

13.3%

12.8% 12.2% 12.1%

126 119 109 116 132

126 126 114 118 132

FY2020/1

FY2021/1

FY2022/1

FY2023/1

FY2024/1

© Computer Engineering & Consulting Ltd. All rights reserved.

22

16

12

11

19

8

10

16

15

13

18

9

FY2020/1 FY2021/1 FY2022/1 FY2023/1 FY2024/1

8.4% 13.9%

11.4% 10.9% 9.9%

7.6%

FY2020/1 FY2021/1 FY2022/1 FY2023/1 FY2024/1

4

Attachments

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  • Original Document
  • Permalink

Disclaimer

Computer Engineering & Consulting Ltd. published this content on 06 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 October 2023 01:37:11 UTC.