NEEDWELL Co., Ltd.
Needwell Announces Financial Results for the Fiscal Year Ending September 2022
Needwell, an independent system integrator with strengths in business system development and solution business for finance (Headquarters: Chiyoda-ku, Tokyo, President: Kozo Funatsu), today announced its financial results for the fiscal year ending September 2022. [Financial Summary]
Both sales and profits increased significantly compared to the previous term, reaching record highs since the company was established in 1986.
Net sales 6730 million yen (up 17.0% year-on-year)
Ordinary profit: 724 million yen (up 24.5% year-on-year)
Net income: 499 million yen (up 18.5% year-on-year)
[Main factors]
Expand sales channels through aggressive capital and business alliances. Strengthen customer base.
DX conversion projects for life insurance companies, core system test projects for telecommunications carriers, card/payment projects, VDI introduction, and cloud construction projects expanded.
Paperless, telework, and the electronic book storage method are driving the growth of the solution business.
【Topics】
From October 2022, we will shift to a consolidated accounting system with 3 subsidiaries and 1 equity-method affiliate.
Financial forecast for the fiscal year ending September 2023 (consolidated) Sales: 9,000 million yen, ordinary income: 845 million yen
Dividend forecast for the fiscal year ending September 30, 2023: 23 yen per share (dividend increase of 3 yen)
Due to strong performance, in the fiscal year ending September 2022, a high salary increase of 2.15% and a bonus of 4.8 months per year will be paid.
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Summary of financial results for the fiscal year ending September 2022: https://ssl4.eir-parts.net/doc/3992/tdnet/2202374/00.pdf Notice Regarding Consolidated Earnings Forecast with the Start of Consolidated Accounting:
https://ssl4.eir-parts.net/doc/3992/tdnet/2202373/00.pdf
Financial results briefing material:
https://ssl4.eir-parts.net/doc/3992/ir_material_for_fiscal_ym/125746/00.pdf Needswell Co., Ltd. https://www.needswell.com/
Head office: New Otani Garden Court 13, 4-1 Kioicho, Chiyoda-ku, Tokyo Kozo Funatsu, President and Representative Director
Established October 1986
Number of employees: 570
Capital 908 million yen
Business description Development, operation, and maintenance of software; development, sales, operation, and maintenance of solution products
Inquiries Solution Sales Department TEL: 050-5357-8344 (Direct) E-mail: sol_nwsales@needswell.com
Details about this release:
https://prtimes.jp/main/html/rd/p/000000009.000092586.html