The Third Quarter of the fiscal Year Ending March 31, 2023 Financial Results Materials
LEAD the DIGITAL Revolution
We lead the Digital Revolution by wrestling positively to the new technology
and new field, such as Cloud Computing, Big Data, AI and IoT.
ROE 19.2% (2022 ended March 31)
Payout Ratio 46.9% (2022 ended March 31)
The Comture Group promotes 5 businesses (Cloud Solutions, Digital Solutions, Business Solutions, Platform, Operation Services, and Digital Learning) centered on DX, pursuing high added value, improving productivity, and working on high quality continuously. As a result, in the fiscal year ended March 31, 2021, sales were 208.68 million yen (up 4.3% year on year) and operating income was 31.50 million yen (up 11.2% year on year).
Primarily due to significant growth in Cloud, Digital and Business Solution Business, net sales in the current fiscal year increased effectively for 11 consecutive fiscal year. Operating income had increased for 9 consecutive years and reached a record high. One reason was higher sales per employee resulting from consistently initiatives aimed raising added value. The growth of our Cloud, Digital and Business Solution Businesses also contributed to higher earnings.
Constant innovation has been at the core of our growth since we established of the business in 1985. Furthermore, we have grown while evolving to meet market needs in each decade of our existence. The first decade was our foundation years. In the second decade we built our core competency and in the third decade we became a publicly listed company. We also give priority to enhancing the ability to boost customer satisfaction levels to create outstanding proposals by focusing on the theme of “transforming customers’ needs into solutions.” Looking ahead to the next 10 years, we need significantly to alter COMTURE itself, a process we call the COMTURE transformation (CX)." We plan on proactively working on DX domains such as big data, AI, RPA, and blockchain, centered on collaborations with platform and tool vendors worldwide.
Higher sales and earnings that result from the growth in added value that we generate are returned to our employees in the form of salary increases. This reinforces their motivation to do what is needed to achieve more growth.
In June 2020, we entered into a capital and business alliance with SENSYN ROBOTICS, a company with strengths in the development of solution services using cutting-edge and practical drones, in order to create synergies and new businesses with our focused businesses. In addition, in order to even faster grow the our education business, in March 2021, we acquired all of the outstanding shares of Edifist Learning Inc., which is a professional provider of education services centered on IT training and on human-business skill training, and made it a wholly owned subsidiary. In this way, the COMTURE Group is steadily preparing for the coming new IT society to meet the expectations of our customers.
The digital transformation (DX) market, which is the primary business sector of the COMTURE Group, is growing rapidly continuously. The COMTURE Group's goal is to continue growing by leveraging the group’s proposal and technology skills, which are its greatest strengths, by a one -stop source of services for the DX at companies and in society.
We look forward to the continued understanding and support of our shareholders and investors.
Chihio Sawada, President