Dream Arts ＜4811＞ announced consolidated financial results for the 1st quarter (January to March 24) of the fiscal year ending 2024/12 on the 14th. Net sales were 1,221 million yen, operating income was 184 million yen, ordinary profit was 183 million yen, and quarterly net profit attributable to parent company shareholders was 128 million yen. Since consolidated quarterly financial statements have not been prepared for the first quarter of the fiscal year ending 2023/12, the figures for the first quarter of the fiscal year ending 2023/12 and the rate of increase or decrease for the first quarter of the fiscal year ending 2024/12 compared to the same quarter of the previous year are not described.
Segment sales of the cloud business were 899 million yen, and segment profit was 335 million yen. Horizontal SaaS sales reached 658 million yen. Also, the MRR (monthly usage fee) at the end of the consolidated accounting period for the first quarter was 224 million yen, and the number of contracted companies was 145. Vertical SaaS sales reached 196 million yen. Also, the MRR (monthly usage fee) at the end of the consolidated accounting period for the first quarter was 65 million yen, and the number of contract companies was 169. DCR's sales were 44 million yen. The MRR (monthly usage fee) as of the end of the consolidated accounting period for the first quarter was 0.15 million yen, and the number of contracted companies was 3.
The on-premise business segment sales were 153 million yen, and segment profit was 65 million yen. The provision of package licenses and software maintenance for use in an on-premise environment is limited to customers from before each product was provided as SaaS, and although additional licenses were ordered from some customers due to an increase in employees, cancellation of software maintenance progressed due to the transition to SaaS, etc.
Segment sales of the professional services business were 168 million yen, and segment profit was 119 million yen. In addition to implementation support projects involving “SmartDB,” we received orders for DCR function expansion development and plug-in software modifications for existing customers in a well-balanced manner, and it remained steady.
Regarding the full-year consolidated earnings forecast for the fiscal year ending 2024/12, the initial plan for sales is 4.80 billion yen, up 8.1% from the previous fiscal year, operating profit up 0.4% to 580 million yen, ordinary profit up 2.7% to 578 million yen, and net income attributable to parent company shareholders down 5.6% to 400 million yen remains unchanged.