Investor Presentaiton
III - 6. Systems Integration (SI) (1) Revenues
Systems Construction revenues
(including equipment sales)
Systems operation & maintenance revenues for on-premise system revenues
Unit: (JPY) million
[ ], YoY = Year over year comparison
Cloud revenues such as private cloud which are recognized as systems operation & maintenance revenues
Systems Construction (one-time)
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21
I
Systems Operation & Maintenance (recurring)
12,561
12,451
Order
11,073
11,254
9,646 9,763
backlog
7,650
8,330
49,981 51,341 51,995 54,564 56,424 56,388 56,897
1Q20 2Q20 3Q20 4Q201 1Q21 2Q21 3Q21 4Q21
60,340
FY20: 31,767 [-0.7%]
FY21: 35,377 [+11.4%]
6,550 6,470 8,667 10,080 6,832 8,639 8,943 10,962
Revenues
I
FY20: 51,517 [+11.0%] FY21: 59,962 [+16.4%]
12,325 12,822 13,093 13,277 13,974 14,763 15,261 15,964
Order
received
6,786
7,139
7,055
7,084
8,010
8,467
8,768
8,936
6,693 8,466 8,784 8,647 8,737 10,128 7,636 12,159
FY20: 32,590 [+3.0%]
FY21: 38,660 [+18.6%]
5,539 5,682 6,038 6,193
13,949 14,182 13,747 15,846 12,911 14,727 15,770 | 19,407
FY20: 57,724 [+12.1%]
FY21: 62,816 [+8.8%]
5,964
6,296 6,493 7,028
➤ Accumulated orders across all industries (Large-scale construction
orders received in 4Q21)
•
.
Several large-scale NW renewal projects for public sector
Several groupware implementation projects such as Microsoft 365
Several campus network renewal projects
FY22 Outlook
➤ In addition to NW integration demands, we expect SI construction
revenues to largely increase with large-scale & development projects
We acquired several large-scale integrated NW replacement projects,
which require both NW services & SI
Acquired 5 projects ranging from a little less than ¥1 bn to over ¥5 bn in revenue.
In total, revenue volume of over 10 bn for the total contracted period
Contract period: 3 to 4 years
Construction & operation of NW replacement and/or shared platform infrastructure
such as Internet connection environment for all Tokyo metropolitan high schools
and WAN to connect all Tax Offices in Japan (The projects' revenues would be
largely recognized as NW services)
•
1Q21 order received decreased because contracts for renewals were concentrated in
4Q20
Systems operation & maintenance revenues stably increased
mainly because we continued to accumulate system
construction project orders
PTC (Singaporean Sler, consolidated subsidiary from Apr. 2021)
While FY21 revenue was weaker than expected which was
mainly due to fluctuation in orders from large customers & the
Pandemic, we expect to accumulate demands from both the
current large clients & new clients for FY22
Impact on consolidated financial results
(All of PTC revenues is recognized as SI)
Unit: \bn
FY21 plan FY21 results FY22 target
Revenues
Operating Profit
Approx. 8.5
6.89
Approx. 10.2
Approx. 0.4
0.31
Approx. 0.4
Internet Initiative Japan Inc.
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