Ubiquitous AI ＜3858＞ announced consolidated financial results for the fiscal year ending 2024/3 on the 15th. Sales increased 79.5% from the previous fiscal year to 3.478 billion yen, operating income was 71 million yen (loss of 84 million yen in the previous fiscal year), ordinary profit was 87 million yen (loss of 0.76 billion yen), and net income attributable to parent company shareholders was 0.2 billion yen (loss of 148 million yen).

Sales in the software product business were 689 million yen, up 11.3% from the same period last year, and segment profit was 0.17 billion yen (loss of 0.23 million yen in the same period last year). Sales increased, centering on royalty sales from existing customers of domestic and overseas automotive equipment-related and overseas consumer devices for fast start products, and royalty sales from existing customers of industrial equipment for database products, and became profitable in terms of profit and loss.

Sales in the software distribution business increased 23.4% from the same period to 1,242 million yen, and segment loss was 0.14 billion yen (loss of 93 million yen). Sales increased, mainly from royalties and contract development sales from existing customers for overseas products such as BIOS, Bluetooth, network management, etc., and sales of security verification tools and services to new customers, and the range of losses decreased in terms of profit and loss.

Sales in the software service business increased 112.6% to 663 million yen, and segment profit increased 29.9% to 41 million yen. In addition to various contract development sales from existing customers and license sales centered on in-vehicle devices related to the data content “YOMI,” sales and profit increased due to making Grape System a subsidiary.

Regarding the data analytics business, sales were 883 million yen and segment profit was 0.27 million yen, centering on packaged software sales from existing customers at educational institutions.

As for the consolidated earnings forecast for the full year ending 2025/3, we expect sales to increase 15.6% from the previous fiscal year to 4,022 billion yen, operating profit down 44.2% to 0.40 billion yen, ordinary profit down 56.7% to 0.38 billion yen, and net loss attributable to parent company shareholders to be 0.2 billion yen.