Corporate  February 3, 2017

Announced the first quarter settlement of accounts for the fiscal year 2017

Announced the first quarter settlement of accounts for the fiscal year 2017. The outline of the settlement of accounts is as follows.

Overall
・Although sales will decline compared to the same period of the previous year, sales are steady as stated in the initial budget
・Margin deteriorated due to increase in hardware ratio, increase in SG & A expenses such as marketing
Net Sales: 1,032 million yen (▲2.6% YoY)
Operating income: 124 million yen (▲31.4% YoY)

Software & Services Business
・Decrease compared with the same period of the previous year due to sluggishment of the number of employees due to recent tight engineer demand and supply and posting of some projects
・Increase in new project related matters such as AI. Initiate advance development aiming at building a new business form such as revenue share

Hardware foundation business
・Demonstration experiment of large capacity high speed storage server "Olive" progresses for industry group "IVI (Industrial Value Chain Initiative)" aiming for fusion of manufacturing and IT
・Aiming for further inquiries, feature articles on "Olive" on Nikkei Technology online
・Computing Board with Image Processor Increases Large Upward

 

For details, please see Financial Summary and Supplementary Explanation Material.

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