Kinjiro : Financial Results Briefing Materials for the Fiscal Year Ended December 31, 2021
February 14, 2022 at 03:33 am EST
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Financial Results Briefing Materials
for the Fiscal Year Ended
December 31, 2021
（(TSE東証マMothers:ザーズ：4013)）
STRICTLY PRIVATE AND CONFIDENTIAL
February 9, 2022
Contents
１．Consolidated Financial Results for the Fiscal Year Ended December 31, 2021 (FY2021)
２．Plan for the Fiscal Year Ending December 31,
2022 (FY2022)
３．Management Policy and Other Matters
４．Topics
1
１. Consolidated Financial Results for the Fiscal Year Ended December 31, 2021 (FY2021)
Summary of Consolidated Financial Results for FY2021
Net sales in the cloud business were impacted by COVID-19; however, cloud license sales have built up relatively well. Meanwhile, net sales in the on-premises business continued to be affected by COVID-19. There are many cases where customers who were expecting on-premise implementation have switched to cloud based contracts, in addition to orders for package software having been postponed to the next fiscal year.
Consolidated statement of income (Unit: Million yen)
FY2020
FY2021
YoY
results
results
change
Net sales
3,432
3,324
-3%
Cloud business
1,862
2,047
+10%
On-premises
1,554
1,266
-19%
business
*1 (Recurring revenue)
1,824
2,090
+15%
Operating profit
562
261
-54%
Ordinary profit
511
244
-52%
Profit
329
162
-51%
3
*1 Composed of cloud license sales, premium support sales, etc.
Sales in Cloud Business and Recurring Revenue
Net sales were 2,047 million yen, up 10% year-on-year, even though the business was impacted by the COVID-19 pandemic. (Cloud license sales grew 21% year-on-year to 1,469 million yen and recurring revenue grew 15% year-on-year to 2,090 million yen.)
Comparison with the result for the same period of the previous year (Unit: Million yen)
Net sales
Cloud business sales +10％
Premium support
Cloud business sales
+15%
Premium
support
Result
589
Result
Result 576
License
+21％
sult
License
2,047
sales
Recurring
revenue
2,090
1,862 sales Result 1,219
Result
Recurring1,469
Revenue
1,824
FY2020
FY2021
results
results
4
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Disclaimer
Nittsusystem Co. Ltd. published this content on 14 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2022 08:32:05 UTC.
Kinjiro Co Ltd, formerly Nittsusystem Co Ltd, operates the Human Resource Management (HRM) business and other businesses. The HRM business develops and sells software products and hardware products (employment information terminals) such as employment, human resource and salary management systems, and health and life products for businesses of various industries, as well as cloud services, consulting support and premium support utilizing these products. The HRM business is divided into two businesses, including cloud business and on-premises business. The cloud business includes Kinjiro Enterprise, one of integrated cloud service enterprise resource planning (ERP), consulting support, and employment information terminal. On-premise business includes integrated ERP package Kinjiro Enterprise, consulting support, employment information terminal, and premium support. Other business includes rental conference room business.
KINJIRO CO.,LTD. 
