bearish
3Q Follow-Up -Japan System Techniques | 4323
SUMMARY
- 3Q Earnings Summary: In cumulative 3Q FY2024/3, Japan System Techniques recorded net sales of ¥18,527 mn (+11.4% YoY), operating profit of ¥1,614 mn (+3.5% YoY), ordinary profit of ¥1,648 mn (+2.7% YoY), and profit attributable to owners of parent (hereinafter, net profit) of ¥1,099 mn (-5.8% YoY).
- Cumulative 3Q sales, operating profit, and ordinary profit came in at record highs.
- Operating profit growth fell short of sales growth owing to planned increases in upfront investments for personnel expansion, education and training expenses, and IT infrastructure enhancements.
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