Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. SIGMAXYZ Holdings Inc.
  6. News
  7. Summary
    6088   JP3348950001

SIGMAXYZ HOLDINGS INC.

(6088)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

SIGMAXYZ : Consolidated Financial Results Supplementary Document for the Fiscal Year Ended March 31, 2021

05/14/2021 | 11:01am EST

Consolidated Financial Results Supplementary Document FY20

April 22, 2021/ SIGMAXYZ Inc. (Stock Code: 6088)

Outline of Financial Results for FY20

Summary

(YoY)

Consolidated revenue

JPY 14.02 bn

(-12%)

Profit before income taxes

JPY 1.94 bn

(-11%)

Profit attributable to

JPY 1.21 bn

(-14%)

owners of parent

  • Despite the impact of the COVID-19 pandemic, the volumes of orders received for consulting services have recovered to near year-ago levels after 2Q FY20. We continued to deliver services by making maximum use of the digital workplace environment through the consolidated accounting period.
  • Revenue decreased due to consulting services for the aviation industry, which has been severely affected by the COVID-19 pandemic, and also to a phased scale-down of hardware and software products procurement services on behalf of clients in the retail industry which have contributed only marginally to profit.
  • ERP cloud migration services, DX strategy planning for companies, activation of human capitals and organizations, and projects that support new business and service developments contributed to the Group's business performance.

1

Consolidated Income Statement for FY20

FY19

FY20

YoY change

Unit: JPY mn

Major changes

(Apr to Mar)

(Apr to Mar)

Amount

Rate

Revenue

16,003

14,024

-1,978

-12%

- Despite the growth in ERP

cloud migration services,

services for the aviation

industry and product sales

Gross profit

6,172

5,324

-848

-14%

decreased due to the

COVID-19 pandemic.

S, G&A

3,961

3,576

-384

-10%

- Increase in personnel costs

expenses

associated with recruitment,

investments for solution

development and

Operating profit

2,211

1,747

-463

-21%

productivity improvement,

and costs following

measures taken for COVID-

-366

-17%

19. Reduced other costs.

Ordinary profit

2,164

1,797

Profit before

2,176

1,945

-231

-11%

- Profit from the sale of

income taxes

investment securities.

Profit

1,407

1,210

-197

-14%

2

Key Performance Index (KPI)

FY19

FY20

YoY change

(Apr to Mar)

(Apr to Mar)

Number of employees

524

554

+6%

(Number of consultants)

(459)

(481)

(+5%)

Client Satisfaction (NSI*)

95

94

-1pt

Number of projects **

1,165

1,019

-13%

Number of clients ***

202

213

+5%

Revenue per contract

13.7

13.8

+0.7%

(Million yen)

  • NSI (Net Satisfaction Index): Average score from 5 possible ratings for 10 questions evaluating project satisfaction. Conducted in a questionnaire format for the client project owner. 5 ratings - 5: I really agree 100 points; 4: I agree 75 points; 3: I can't say either way 50 points; 2: I don't agree 25 points; 1: I don't agree at all 0 points
  • Number of projects: Projects for which revenue has been recorded over the consolidated cumulative period are aggregated by contract.
  • Number of clients: Clients of projects for which revenue has been recorded over the consolidated cumulative period are aggregated by corporation.

3

Consolidated Balance Sheet for FY20

Unit: JPY mn

End of

End of

YoY change

Major changes

FY19

FY20

(Amount)

Current assets

6,943

8,015

+1,072

- Increase in cash and deposits, and

decrease in accounts receivable

Cash and deposits

4,175

5,275

+1,100

- Borrowings and dividend payments

Non-current assets

2,725

2,267

-458

- Decrease in investment securities

Total assets

9,669

10,283

+614

- Borrowings and the reduction of

Current liabilities

3,424

3,239

-185

income tax payables, etc.

Non-current

1,208

1,581

+373

- Increase in provisions for share-

liabilities

based remuneration.

Total liabilities

4,632

4,821

+188

- Reduction due to dividend payments

Net assets

5,036

5,462

+426

(Reference) Estimation of equity ratio if

Equity ratio

52%

53%

+1%

short-term borrowings are repaid

End of FY19: 59% End of FY20: 63%

4

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Sigmaxyz Inc. published this content on 14 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 May 2021 15:00:05 UTC.


ę Publicnow 2021
All news about SIGMAXYZ HOLDINGS INC.
2021SIGMAXYZ Holdings Inc.'s Equity Buyback announced on November 4, 2021, has expired.
CI
2021Sigmaxyz's Attributable Profit Climbs Nearly 62% in Fiscal H1
MT
2021SIGMAXYZ : Consolidated Financial Results Supplementary Document for the First Six Months ..
PU
2021SIGMAXYZ : Consolidated Financial Results for the First Six Months of the Fiscal Year Endi..
PU
2021Sigmaxyz Holdings Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, ..
CI
2021SIGMAXYZ Holdings Inc. Provides Consolidated Earnings Forecasts for the Fiscal Year End..
CI
2021SIGMAXYZ Holdings Inc. announces an Equity Buyback for 400,000 shares, representing 1.7..
CI
2021SIGMAXYZ Inc. authorizes a Buyback Plan.
CI
2021SIGMAXYZ : Consolidated Financial Results for the First Three Months of the Fiscal Year En..
PU
2021SIGMAXYZ : Consolidated Financial Results Supplementary Document for the First Three Month..
PU
More news
Financials
Sales 2022 15 500 M 136 M 136 M
Net income 2022 1 500 M 13,2 M 13,2 M
Net Debt 2022 9 004 M 79,1 M 79,1 M
P/E ratio 2022 30,1x
Yield 2022 1,14%
Capitalization 44 714 M 392 M 393 M
EV / Sales 2022 3,47x
EV / Sales 2023 3,22x
Nbr of Employees 571
Free-Float 55,0%
Chart SIGMAXYZ HOLDINGS INC.
Duration : Period :
SIGMAXYZ Holdings Inc. Technical Analysis Chart | 6088 | JP3348950001 | MarketScreener
Technical analysis trends SIGMAXYZ HOLDINGS INC.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 0
Last Close Price 2 113,00 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Ryuichi Tomimura Director & Head-Corporate Staff
Shinya Tabata Chief Financial Officer & Director
Hideki Kurashige Chairman & President
Hideyuki Nabeshima Outside Director
Noburo Hata Independent Outside Director
Sector and Competitors