Japan Business System (5036 JP) - Cloud Integration Profitability Recovering Sharply

549 Views20 Jun 2025 23:48

Issuer-paid

SUMMARY

In Q2 FY24/9 financial results reported exactly one year ago, profit attributable to owners of parent declined -74.1% due to recording an impairment loss of JPY 1,720mn in the 2Q as an extraordinary loss for the entire unamortized balance of goodwill associated with the acquisition of consolidated subsidiary NEXTSCAPE Inc.
In SIR’s follow-up report, we wrote “management promptly recognizing the impairment and withdrawing the FY25/9 OP MTP target effectively minimizes future down-side risk.
In the meantime, core business performance continues to grow at double-digits. ”

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