I-NET at a Glance

In the information service industry to which our group belongs, system-related investments aimed at addressing labor shortages and improving operational efficiency among companies have continued. In addition, the advancement of cloud migration for existing systems and software, as well as the growing use of AI (artificial intelligence) and the expansion of IoT throughout society, have led to an increasing trend in demand for data center utilization.

Under these circumstances, our consolidated financial results for the first quarter were as follows: Net sales were 9,818 million yen (up 10.0% YoY), operating profit was 467 million yen (up 110.9% YoY), ordinary profit was 446 million yen (up 69.1% YoY), and profit attributable to owners of parent was 222 million yen (up 190.5% YoY), resulting in increased sales and profits compared to the same period of the previous year.

With respect to dividends, we plan to increase dividends for the 14th consecutive fiscal year, emphasizing the return of profits to our shareholders, who have supported our growth to this point. Going forward, we will continue to target a stable return of profit.

• Forward-looking statements contained in this document are based on information currently available to the Company and on what the Company deems are reasonable assumptions. Actual results could differ materially due to various factors.

For details, see Financial Data