Key Wear Solutions <3799> engages in system development business, which involves wholly or partially contracting Software Development necessary for Computer system construction, SI business centered on system construction for end-users using various ERP packages, support service business that addresses various needs regarding customers' Computer systems such as operation and maintenance, sales of related equipment and package software, and new business that promotes new areas, comprising "QITABANKUAI" business, which is not categorized into other business segments. For about 60 years, it has been involved in constructing information systems that support social infrastructure in various fields, including government, transport, Communications, finance, healthcare, distribution, and manufacturing, which has cultivated a rich base of knowledge in diverse Industries and operations. By leveraging a wide range of IT skills and various IT solutions, the company is capable of providing optimal solutions that meet customer needs.

In the second quarter of the fiscal year ending March 2025, the consolidated results showed revenue increased by 4.8% year-on-year to 9,911 million yen, while operating profit decreased by 67.1% to 47 million yen. The top line was positively influenced by the strong performance of SI business and other businesses. Despite a decrease in revenue in the system development business compared to the previous year, there has been steady progress recently with the expansion of existing projects in government sectors. However, profitability was impacted due to segment losses recorded in the system development business and other segments. Nonetheless, in the system development sector, profitability has certainly been rising through various measures of the medium-term management plan.

The consolidated financial estimates for the full fiscal year ending March 2025 forecast a revenue increase of 2.4% year-on-year to 21,000 million yen, and an operating profit increase of 14.4% to 1,000 million yen. The company has a business model that is characterized by a bias toward the second half of the fiscal year. As sales expand towards the end of the fiscal year, it is expected that profits will also accumulate, achieving an increase compared to the previous year. Some of the anticipated projects have high profitability, suggesting that the growth rate of profits will exceed the growth rate of the top line. Furthermore, the conclusion of unprofitable projects in the SI business is also expected to boost profits. It is anticipated that the demand for digital transformation (DX) from client firms will continue to be robust as the fiscal year end approaches. In this context, while continuing to implement the basic strategies of the medium-term management plan, the company aims to strengthen its order-taking structure by focusing on personnel enhancement and education, thus linking strong demand to performance growth. Dividends are expected to be 25.0 yen per share (projected dividend yield of 3.62%). The company regards returning benefits to Shareholders as one of its important management tasks, and the basic policy for dividends is to execute them after comprehensive consideration of the final profits and future business developments and management environment. As the medium-term management plan progresses, if profit levels rise, the possibility of increased dividends is also foreseen.

As a long-term growth strategy, the company has announced a medium-term management plan called "Vision 2026". The basic policy aims for a qualitative transformation of core businesses, expansion of Main Board businesses, and challenges in new areas, targeting revenue of 24,000 million yen, operating profit of 1,400 million yen, and an operating margin of 6.0% by the fiscal year ending March 2027. The qualitative transformation of core businesses plans to enhance customer responses by utilizing products and cloud play, as well as improving the company's efficiency and profitability. Main Board businesses are those that sign contracts directly with customers to provide solutions and services, and the company plans to expand this business, anticipating growth in market size, thereby increasing revenue while also enhancing profitability through direct contracts. New areas of focus include Agriculture ICT, Security domains, and Fintech sectors for cultivating new revenue bases.