Business overview

Overview of business performance

May 2026

Performance (year ending March 2026)

In the consolidated fiscal year, the domestic economy temporarily stagnated due to rising prices and a decline in external demand, but corporate earnings remained solid, and a gradual recovery is being seen due to improvements in employment and income conditions and the effects of various policies. On the other hand, the outlook remains uncertain due to the unstable international situation, the impact of fluctuations in financial and capital markets, and developments surrounding U.S. trade policy.
In the information services industry to which our group belongs, the migration to the cloud by companies and local governments is accelerating, and the landscape is shifting towards a situation where the cloud is driving the entire software market. In addition, efforts to introduce generative AI and AI agents are becoming more serious, and investment in the modernization of ERP systems and related systems is expanding due to the expiration of support periods for existing ERP systems. Against this backdrop, we expect IT investment to continue to expand.
Against this backdrop, our group has adopted "four shifts (business shift, technology shift, organizational shift, and human resources shift)" as its strategy, with the mission of "Connect the world’s data and make it useful for everyone. data," and is working to further expand its data integration business, centered on HULFT business and data platform business.

Our group's performance for the current consolidated fiscal year is as shown in the table below.

(Unit: million yen)

The main reason for the decrease in revenue is the decline in system development projects in our system outsourcing business. On the other hand, our data platform business, which we position as a growth area, is expanding steadily, and the ratio of sales from data integration businesses, which our group uses as an indicator to measure the progress of our business shift, reached 58.2% (an increase of 5.6 percentage points compared to the previous period). The main reason for the decrease in profit is that, in addition to the decrease in sales, some projects that were under development experienced a high load, and we recorded a provision for order losses of 439 million yen in the cost of goods sold, including the future development costs necessary to turn these projects around.

In the previous consolidated fiscal year, the reporting segments were "HULFT Business," "Data Platform Business," "Distribution IT Services Business," and "Financial IT Services Business." However, from this consolidated fiscal year, we have merged "Distribution IT Services Business" and "Financial IT Services Business," and the segment classification has been changed to "HULFT Business," "Data Platform Business," and "System Outsourcing Business."
As part of our business strategy, we have adopted an "organizational shift," reorganizing into a functional organization to strengthen collaboration among engineers and create a system that allows us to expand our system outsourcing business across customer industries, which was previously conducted on a case-by-case basis. Following the completion of a large project in our distribution IT services business in the previous consolidated fiscal year, we have decided to change our segment classifications in order to improve the efficiency of our organizational resources and enable more appropriate decision-making.


Comparisons and analyses with the previous consolidated fiscal year are conducted using the changed names and classifications.

(Unit: million yen)

HULFT Business

In this business, we provide sales and support services for our flagship products, "HULFT" and "DataSpider Servista," which are the standard data integration software in Japan, as well as related products.
Sales amounted to 9,755 million yen (down 2.4% year-on-year). The main reason for the decrease in revenue was a decline in license sales, among other factors. This was due to a decrease in orders for large-scale projects like those that occurred in the previous period, resulting in a 15.2% decrease in license sales compared to the previous period. On the other hand, renewals of support services progressed smoothly, and support service sales increased by 5.8% compared to the previous period. Operating profit amounted to 4,032 million yen (down 10.0% year-on-year), due to a decrease in profit resulting from the decline in sales and an increase in selling, general and administrative expenses resulting from the reallocation of sales resources to data integration business.

Data Platform Business

In this business, we leverage our strengths in "HULFT," "DataSpider Servista," and "HULFT Square," a Japan-developed iPaaS, to provide services that improve operational efficiency and drive business innovation by linking internal and inter-company systems with SaaS data.
Sales amounted to 3,004 million yen (a 6.2% increase compared to the previous fiscal year). The main reason for the increase in sales was the increase in sales of "HULFT Square". Driven by the promotion of data utilization due to advancements in generation AI and the need for legacy system migration, the adoption of "HULFT Square" expanded, mainly among enterprise companies. As a result, sales of "HULFT Square" in this consolidated fiscal year increased by 113.8% compared to the previous fiscal year. On the other hand, due to the reallocation of sales resources to data integration business, selling expenses and general and administrative expenses increased, and some development projects experienced a high load. As a result, a provision for loss on orders of 439 million yen was recorded in the cost of goods sold, including the future development costs necessary to turn things around. Consequently, an operating loss of 3,346 million yen was recorded (compared to an operating loss of 2,605 million yen in the previous consolidated fiscal year).

System outsourcing business

Our business primarily provides information processing services and system development and operation services to the financial and retail industries.
Sales totaled 9,156 million yen (down 20.8% year-on-year). The main reason for the decrease in sales was a decline in system development projects. Operating profit totaled 916 million yen (up 241.4% year-on-year). The main reason for the increase in profit was cost reductions resulting from the reallocation of sales resources to data integration business.

Related Information

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  Performance Highlights

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  Segment Information

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  IR Library