SB Technology : Summary of FY2023 Q1 Presentation material【Translated by AI】（610K）
July 27, 2023 at 04:32 am EDT
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First Quarter of Fiscal Year Ending March 31,
2024 (FY2023)
Results of Operations
July 27, 2023
SB Technology Corp.
Security Code : 4726
https://www.softbanktech.co.jp/en/
Disclaimer:
This is an English translation of the captioned release. This translation is prepared and provided for the purpose of the reader's convenience. All readers are recommended to refer to the original version in Japanese of the release for complete information.
Table of contents
１. Financial Results
P. 2
２. Progress of Medium-Term Management Plan
P. 9
1
Financial Results
Summary
｜ FY2023 Q1
FY23 Q1
Financial
Results
Orders
Received
FY23
Forecast
Higher revenues in Public Sector& Enterprise, sales achieved record highs as Q1 Operating income decreased due to restrained investment in Telecommunication and strengthened recruitment.
Orders received for the demonstration phase of horizontal development projects in the map-related field,
although orders received decreased due to the effects of Local Government Information SC* in the previous fiscal year.
Net income has been revised upward by ¥4.25 billion to ¥8.2 billion compared to the initial forecast due to the recording of extraordinary
income associated with the transfer of shares of subsidiary Fontworks, Inc.
(Revised full-year forecast for net sales of ¥68 billion and operating income of ¥5.9 billion)
3
*：Abbreviation for security cloud
Consolidated P/L （Full year cumulative)
｜ FY2023 Q1
Despite growth in Public Sector and Enterprise, operating income decreased due to restrained investment in Telecommunication and higher SG&A expenses.
Net income decreased by -¥140 million due to the recording of an extraordinary loss associated with the devaluation of shares of a subsidiary. etc.
[Millions of yen] (Profit margin) FY23Q1 FY22Q1 Change Change ％
Net sales
Record High
15,958
15,560
＋
397
＋
2.6
%
Operating
1,057
1,085
▲
28
▲
2.6
%
income
(6.6%)
(7.0%)
Ordinary income
1,054
1,070
▲
15
▲
1.4
%
(6.6%)
(6.9%)
Profit attributable to
505
646
▲
141
▲
21.9
%
owners of parent
(3.2%)
(4.2%)
Net profit
EBITDA
※
Record High
1,505
1,494
＋
11
＋
0.7
%
4
*EBITDA＝Operating income＋Amortization of goodwill＋Depreciation
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SoftBank Technology Corporation published this content on 27 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2023 08:31:09 UTC.
SB Technology Corp., formerly SoftBank Technology Corp., is a Japan-based company primarily engaged in information and communication technology (ICT) business. The ICT service business operates digital marketing business, platform solution business, cloud system business. The digital marketing business provides solutions and services related to the development and sale of e-commerce (EC) management agency services and the creation of web fonts. Platform solution business provides IT infrastructure and provides operation and maintenance services. The cloud system business provides information system development and operation, tablet terminals, smart phones, robot application development and cloud service related solutions and services.
SB TECHNOLOGY CORP. 
