Nova System Co.,Ltd. Financial Summary for the Third Quarter of Fiscal Year Ending December 2026 [Japanese GAAP]

Overview of Results

For the cumulative third quarter period, revenue was 5,374,641 thousand yen (YoY +7.8%), operating income was 434,101 thousand yen (YoY +170.4%), ordinary income was 448,665 thousand yen (YoY +149.3%), and quarterly net income was 287,548 thousand yen (YoY +139.5%). SI orders and development progressed generally as planned, and cloud service revenue grew according to plan. Gross profit increased to 1,265,958 thousand yen, aided by normalization of cost of sales ratio. Selling, general and administrative expenses were pushed up by increased costs associated with opening the Yodoyabashi office. There is no change to the full-year forecast.

Financial Position and Shareholders' Equity

Total assets were 4,199,407 thousand yen, and net assets were 2,523,122 thousand yen. Treasury stock increased, and treasury stock at the end of the period amounted to 83,593 thousand yen. Assets increased year-over-year due to increases in property, plant and equipment and decreases in accounts receivable. Liabilities increased due in part to an increase in long-term borrowings.