売上高に関しては、中小・小規模企業や自治体におけるDX推進の機運の高まりを受けて可視化伴走型経営支援（アイコンサービス）など各種サービス・機器販売の成長、電力サービスの成長、新たに連結に加わったグループ会社の寄与などにより、前年同期比10.4%増となった。主力のフォーバルビジネスグループの売上高は、同20.7%増と全社の増収をけん引した。「F-Japan構想」の全国への浸透に伴い可視化伴走型経営支援（アイコンサービス）の顧客企業数が増え契約単価が上昇したほか、セキュリティやサーバー関連の成長、新たに連結に加わったグループ会社などが増収に寄与した。フォーバルテレコムビジネスグループは、電力サービスの増加を主因に増収となったが、売上原価が上昇したために減益となった。総合環境コンサルティングビジネスグループは、業務用需要の工事時期の偏りなどにより減収及び損失計上となったが、中期的な太陽光発電システムやLEDの需要拡大のトレンドに変化はない。人的資本経営コンサルティングは、セミナー等のプログラム更新の関係で一時的に業績が低下した。Performance trend of Forval (8275).
Performance overview of the first quarter of the fiscal year ending March 2025
Consolidated performance for the first quarter of the fiscal year ending March 2025 showed a 10.4% increase in revenue compared to the same period last year, reaching 15,820 million yen, with operating profit increasing by 1.1% to 451 million yen, ordinary profit increasing by 0.5% to 534 million yen, and quarterly net profit attributable to parent company shareholders decreasing by 23.1% to 195 million yen. The company maintained profit growth in operating profit and ordinary profit alongside solid revenue growth.
Regarding revenue, the increased momentum of DX promotion in small and medium-sized enterprises and local governments led to a 10.4% year-on-year increase, driven by the growth in various services and equipment sales such as visualization accompanying management support (icon services), the growth of electrical utilities services, contributions from newly consolidated group companies, etc. The main Forval Business Group's revenue increased by 20.7% and drove the overall revenue increase. With the nationwide penetration of the 'F-Japan Initiative', the number of customer companies for visualization accompanying management support (icon services) increased, leading to rising contract prices, as well as growth in security and server-related services, and contributions from newly consolidated group companies. The Forval Telecom Business Group achieved revenue growth mainly due to the increase in electrical utilities services, but experienced decreased profits due to rising sales costs. The Comprehensive Environmental Consulting Business Group faced revenue decline and recorded losses due to disparities in construction timing of commercial needs, but there were no changes in the trend of mid-term growth in photovoltaic technology systems and LED demand expansion. Human Capital Management Consulting temporarily experienced a performance decline due to program updates such as seminars.
In terms of profit, gross profit increased by 538 million yen (10.3% increase year-on-year) due to expansion in visualization accompanying management support (icon services). On the other hand, selling and administrative expenses increased by 534 million yen (11.2% increase) but were kept at a moderate growth rate. As a result, operating profit increased by 4 million yen (1.1% increase). The decrease in quarterly net profit attributable to parent company shareholders was due to a 65 million yen increase in corporate tax adjustments compared to the same period last year.
(Written by FISCO Guest Analyst, Hideo Kakuta)
