On the 13th, NCD＜4783＞ announced its consolidated financial results for the year ending March 2024. The revenue increased by 11.5% compared to the previous year to 25.481 billion yen, operating income increased by 76.9% to 2.115 billion yen, ordinary income increased by 76.5% to 2.14 billion yen, and net income attributable to parent company shareholders increased by 106.4% to 1.387 billion yen.
Sales of the system development business increased by 12.7% compared to the previous year to 10.421 billion yen, and segment profit increased by 49.2% to 1.541 billion yen. Due to the expansion of business areas such as the development of new products for insurance companies and the renewal of core systems for manufacturing, revenue increased compared to the same period last year. On the profit side, various project management went smoothly and profits expanded. The transition to the NCD service model for mainly maintenance operations for applications has also contributed to the significant increase in profits compared to the same period last year.
Sales of the support and service business increased by 12.2% compared to the previous year to 7.735 billion yen, and segment profit increased by 21.0% to 0.851 billion yen. Due to the expansion of business areas such as cloud-related businesses for insurance companies, revenue increased compared to the same period last year. On the profit side, various project management is going well, and efficient operation utilizing managed service centers has been achieved in connection with the transition to the NCD service model, which has contributed to the increase in profits compared to the same period last year.
Sales of the parking system business increased by 9.3% compared to the previous year to 7.297 billion yen, and segment profit increased by 57.1% to 1.284 billion yen. With the relaxation of various regulations related to infections and favorable weather, opportunities to go out increased, mainly in the use of hourly bicycle parking lots. In addition, revenue increased compared to the previous year due to efforts to implement price revisions, mainly for self-employed bicycle parking lots, and parking fee income greatly exceeded the pre-epidemic level. In terms of profit, the profitability of bicycle parking lots improved significantly due to the significant increase in parking fee income, and the internalization of outsourced operations utilizing group subsidiaries also contributed to the significant increase in profits compared to the previous year.
For the fiscal year ending March 2025, we expect revenue to increase by 9.9% compared to the previous year to 28.000 billion yen, operating income to increase by 4.0% to 2.200 billion yen, ordinary income to increase by 2.8% to 2.200 billion yen, and net income attributable to parent company shareholders to increase by 4.5% to 1.450 billion yen.