Forecast of consolidated financial results for the fiscal year ending March 31, 2021
In Corporate IT Solutions, investment is likely to increase in new security measures in conjunction with the introduction of tools and the development of systems for telework and digitalization, with a view toward working the so-called post-corona world (the world after the novel coronavirus pandemic). We will invest in the development of services that do not require engineering work and will strengthen partner sales to promptly respond to the rising demand for cloud security.
In Business IT Solutions, the manufacturing and construction industries, which are our main focus, have been hard hit by the impact of the novel coronavirus, and there are some uncertainties in the outlook. However, we believe that co-creation of services utilizing digital technologies and data and investment in DX to respond to business model reforms will continue. In the public sector, we expect digital government to be promoted, and we will focus on the development and horizontal development of an electronic application platform. In addition, web analysis solutions, which had been s hrinking in the past, are expected to turn flat.
In Technical Solutions, we expect the number of vendor management projects in the IT domain of SoftBank Corp. to continue to increase, but we will also control variable costs.
EC Solutions is expected to begin declining due to a review of contracts with business partners.
The Group thus forecasts net sales of 62,000 million yen, operating profit of 3,600 million yen, ordinary profit of 3,600 million yen and profit attributable to owners of parent of 2,100 million yen for the next fiscal year.
The following portrays the forecast of consolidated financial results for the fiscal year ending March 31, 2021 based on the outlook and the policy discussed above.
(Millions of yen)
|Net sales||Operating profit||Ordinary profit||Profit attributable to owners of parent|
|Forecasts for the fiscal year ending March 31, 2021||62,000||3,600||3,600||2,100|
|Actual results for the fiscal year ended March 31, 2020||58,324||3,035||3,033||1,856|