Corporate  February 3, 2017

We announced our second quarter settlement of accounts for the fiscal year 2017

We announced our second quarter settlement of accounts for the fiscal year 2017. The outline of our settlement of accounts is as follows.

Overall
・We successfully achieved the first half of our budget for both sales and profits
Sales: 2,123 million yen (versus budget + 2.7%)
Operating income: 382 million yen (versus budget + 1.4%)
・Projects that have been accounted for at the end of 1Q progressed as scheduled and have been recorded as sales

Software & Services Business
・Flash memory related services contribute to business results steadily
・Revenue sharing etc. Proposal of new business type has multiple progress
・Even though there are strong inquiries centering on flash memory related issues, we are struggling to recruit employees. We have shifted many resources to recruiting activities and focus on winning outstanding engineers

Hardware Foundation Business
・Computing board with image processing processor rises above initial estimate
・A large-capacity high-speed storage server "Olive" for industry group "IVI (Industrial Value Chain Initiative)" aiming for fusion of IT and it is shifting to the additional verification phase

 

Please see the summary of financial results and supplementary explanation materials in detail.

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