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We would like to express our sincere appreciation for your continued support.
The fiscal year ended March 31, 2025 (FY2024) marked the first year of our Mid-term Plan. In this period, the acquisition of large-scale projects has become a new norm, driven by our “Service Integration” model which combines our network services line-up with systems integration. This was supported by strong demand for network renewals among both private and public sector clients. Consolidated revenues increased strongly to JPY316.83 billion, up 14.8% YoY, driven by growth in systems construction revenues along with monthly recurring revenues from network services and systems operation and maintenance following systems construction. As for profits, although there was a substantial increase in VMware license fees at the beginning of FY2024, we absorbed the impact through proactive sales efforts, price pass-through and price revision, resulting in operating profit of JPY30.10 billion, up 3.7% YoY.
Since our foundation as Japan's first full-scale Internet service provider, we have played an important role in supporting the evolution of Internet in Japan. Looking ahead, we see this new phase of our journey under a new management structure as the beginning of our “second foundation.” We are committed to driving further business growth and enhancing corporate value.
We deeply appreciate your ongoing understanding and support.
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