August 12, 2010

Summary of Consolidated Financial Results for the First Quarter of the Year Ending March 31, 2011
SRA Holdings, Inc.
(URL: http://www.sra-hd.co.jp)
Stock listing:Tokyo Stock Exchange
Code number:
3817
President:
Toru Kashima
For inquiries, please contact:
Makoto Kitai, General Manager, Finance Department, Administrative HeadquartersTel:(03)-5979-2666
Scheduled date of submission of quarterly securities report:
August 13, 2010―
Scheduled commencement of dividend payment:
Quarterly Results Supplemental Materials
Yes
Quarterly Results Presentation Meeting
No
Company name:

1. Consolidated results for the first quarter of the fiscal year ending March 2011 (from April 1, 2010 to June30, 2010)(1) Consolidated Operating Results (cumulative total)
Net SalesFirst quarter of fiscal
2011
First quarter of fiscal
2010(All amounts rounded down, % change YoY)
Ordinary Profit

Operating Income

Net Income

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen

%

7,848

(0.0)

217

(23.5)

267(13.7)

40(73.9)

7,849

(9.9)

283

(41.3)

309(36.7)

154(18.2)First quarter of fiscal
2011
First quarter of fiscal
2010

Net Income

Net Income

per Shareper Share after Dilution

Yen

Yen

2.92

－

11.17

－

(2) Consolidated Financial Position

First quarter of fiscal
2011
Fiscal 2010

Shareholders’ Equity Ratio

Shareholders’ Equity per ShareTotal Assets

Net Assets

Millions of yen

Millions of yen%

Yen

26,182

14,53855.3

1046.30

27,204

15,12955.4

1,089.15

Reference: Shareholders’ equity
First quarter of fiscal 2011: ¥14,480 million
Fiscal 2010: ¥15,073 million

2. Dividends
Dividend per Share

Fiscal 2010
Fiscal 2011

End of First QuarterEnd of Second QuarterEnd of Third Quarter

Yen

Yen

Yen

Yen

Yen

―
―

―

―

40.00

40.00

―

―

40.00

40.00

Fiscal 2011 (forecast)
Note: Revision of dividend forecast in this quarter:No

Year-end

For the Year

3. Consolidated Earnings Forecast for Fiscal 2011 (from April 1, 2010 to March 31, 2011)(% of change from FY2010 First Half or FY2010）
Net Income
Net Sales

Operating Income

Ordinary Profit

Net Income
per Share

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Yen

FY2011 First Half
(for the six months ending
September 30, 2010)

16,300

2.1

850

23.7

850

19.9

490

38.0

35.41

FY201135,500

4.2

2,600

30.1

2,600

26.2

1,500

21.1

108.38

Note: Revision of consolidated results forecast in this quarter:No

4. Others(1) Changes to significant subsidiaries during the current period :No

Note: Changes in specified subsidiaries during the current period that caused changes in the scope of consolidation(2) Application of simplified accounting and application of special accounting :No

Note: Application of simplified and special accounting for quarterly consolidated financial statements(3) Changes in accounting principles and procedures, presentation, etc.
1. Changes caused by revision of accounting standards, etc. :Yes
2. Changes other than 1. above:No
Note: Changes in significant accounting policies and procedures, presentation which are stated in “change in important matters in
preparing quarterly consolidated financial statements”(4) Number of shares outstanding (common stock)
1. Number of shares outstanding (including treasury stock)
First quarter of fiscal 2011:15,240,000 sharesFiscal 2010:
15,240,000 shares
2. Number of treasury stock
First quarter of fiscal 2011:
1,400,230 sharesFiscal 2010:
1,400,227 shares
3. Average number of shares over period (consolidated total for quarter)
First quarter of fiscal 2011:
13,839,771 sharesFirst quarter of fiscal 2010:
13,839,802 shares*Indication of quarterly review procedure implementation status
This earnings release is not subject to the quarterly review process as required by the Financial Instruments and Exchange Act of Japan.
As of the date when this earning release was issued, the review process on quarterly financial statements as required by the Financial
Instruments and Exchange Act had been finished.

*Explanation relating to the appropriate use of results forecasts, and other noteworthy items
Forward-looking statements in this earnings release, such as forecasts of results of operations, are based on the information currently
available and the certain assumptions that we regard as reasonable and therefore actual results may differ materially from those containedin or suggested by any forward-looking statements. With regard to the assumptions and other related matters concerning forecasts for the
fiscal year ending March 31, 2011, please refer to the attachment page 2.

SRA Holdings, Inc. (3817) Summary of Consolidated Financial Results for the Year Ended March 31, 2010

1. Qualitative Information Concerning First-Quarter Consolidated Business Results(1) Qualitative Information Concerning Consolidated Business Results
During the first quarter of the fiscal year (April 1, 2010 to June 30, 2010), the Japanese economy continued on amoderate recovery track owing to an improvement in corporate earnings and a halt in the decline in capital
investment. Nevertheless, the outlook for the economy remains uncertain amid concerns about such factors as theemployment situation and the strengthening of the yen.
In the information services industry, despite an ongoing improvement in corporate earnings, the harsh businessenvironment persisted as customers maintained a cautious stance toward IT investments that reflected uncertainties
about the future of the economy.
Amid these circumstances, the SRA Holdings Group implemented its group-wide fiscal year basic policies, namely,“securing a stable order flow,” “increasing gross profit margins and curbing costs” and “refining a solid customer
base and strengthening order-generating activities to create new opportunities.” Consolidated business results realized
for the first quarter are as follows.
Net sales amounted to ¥7,848 million, the same level as in the first quarter of the previous fiscal year, as sales in
the Systems Development business compensated for declines in sales by the Systems Operations and Infrastructure
Development business and the Product Sales business.
At the profit level, gross profit declined due to the recording of a provision for loss on construction contracts inprojects involving Software Research Associates (SRA), Inc. and some overseas subsidiaries. Although we continued
our efforts to curb selling, general and administrative (SG&A) expenses, operating income declined 23.5% from thefirst quarter of the previous fiscal year to ¥217 million and ordinary profit decreased 13.7% year on year to ¥267
million. Net income in the first quarter declined 73.9% year on year to ¥40 million as a result of an extraordinary loss
that included a loss on valuation of investment securities and a loss on valuation of stocks of subsidiaries andaffiliates.
As described in the above explanation of first-quarter consolidated results, net sales remained level while profits inall categories declined. Nonetheless, the amounts of the profit declines will not affect our consolidated forecasts andwere generally within the range of our assumptions.
A summary of consolidated business results for the first quarter by business segment is shown below.
1) Systems Development
Although sales to banks declined, the Systems Development business recorded increased sales to manufacturing andelectric power industries and to universities. As a result, net sales for the first quarter rose 8.8% from the same periodof the previous fiscal year to ¥4,150 million.
2) System Operations and Infrastructure Development
Despite a slight rise in school-related orders, corporate-related orders declined. As a result, first-quarter net sales in
the System Operations and Infrastructure Development segment declined 9.7% from the same period of the previous
fiscal year to ¥940 million.
3) Product Sales
A decline in sales of servers and other devices at Advanced Integration Technology, Inc. (AIT) caused first-quarter
net sales to decline 7.9% from the same period of the previous fiscal year to ¥2,757 million.
-1-

SRA Holdings, Inc. (3817) Summary of Consolidated Financial Results for the Year Ended March 31, 2010(2) Qualitative Information Concerning Consolidated Financial Condition
Regarding financial condition for the first quarter, current assets at the end of the first quarter declined ¥1,078 million
from the end of the previous fiscal year to ¥18,258 million. Although there was a ¥545 million increase in work inprocess, notes and accounts receivable—trade decreased ¥1,383 million owing to the collection of receivables, andcash and deposits decreased ¥724 million due to the purchase of short-term investment securities. Noncurrent assets
increased ¥56 million to ¥7,924 million due to the acquisition and mark-to-market of investment securities. As aresult, total assets decreased ¥1,022 million to ¥26,182 million.
On the liabilities side, total liabilities declined ¥431 million to ¥11,644 million due to a ¥708 million decline inaccounts payable—trade arising from the payment of payables as well as to a ¥328 million decline in income taxes
payable accompanying the payment of income taxes. Net assets declined ¥590 million to ¥14,538 million due mainly
to cash dividends paid.
Analysis of Consolidated Cash Flows
Cash and cash equivalents decreased ¥2,499 million year on year and ¥724 million from the end of the previous fiscal
year to ¥9,600 million.
The status of cash flows and factors underlying changes in cash flows for the first quarter are shown below.
Cash Flows from Operating Activities
Net cash provided by operating activities amounted to ¥273 million, a decrease of 75.7% from the same period of theprevious fiscal year. This consisted mainly of such cash inflows as a decrease in notes and accounts receivable—tradeof ¥1,380 million, an increase in provision for bonuses of ¥328 million and income before income taxes and minority
interests of ¥112 million. Cash outflows included a decrease in notes and accounts payable—trade of ¥706 million, an
increase in inventories of ¥668 million and income taxes paid of ¥547 million.
Cash Flows from Investing Activities
Net cash used in investing activities amounted to ¥383 million, an increase of 226.7% from the same period of theprevious fiscal year. This was due mainly to ¥335 million for purchases of investment securities and ¥54 million forpurchases of property, plant and equipment and purchases of intangible assets.
Cash Flows from Financing Activities
Net cash used in financing activities amounted to ¥593 million, a decrease of 11.6% from the same period of theprevious fiscal year. This was due mainly to ¥553 million in cash dividends paid and a ¥40 million net decrease in
short-term loans payable.
(3) Qualitative Information Concerning Consolidated Results Forecast
Although there are hopes that the economy will move toward a self-sustaining recovery, uncertainty over the future
direction of the economy is expected to continue amid concerns about such factors as a worsening of employment
trends. At present, the impact of these factors on the Group’s business results is uncertain. Accordingly, no revision
has been made to the second-quarter and full-year consolidated forecasts released on May 13, 2010 at theannouncement of consolidated results for the previous fiscal year.

-2-

SRA Holdings, Inc. (3817) Summary of Consolidated Financial Results for the Year Ended March 31, 2010

2. Other Information(1) Significant changes involving subsidiaries during the period: None
(2) Application of simplified accounting methods and accounting methods specific to the preparation of the quarterly
consolidated financial statements: None
(3) Summary of Changes in Accounting Principles, Procedures and Presentation Methods
1) Application of “Accounting Standard for Business Combinations”
From the first quarter of the current fiscal year, the Company adopted “Accounting Standard for Business
Combinations” (ASBJ Statement No. 21, December 26, 2008), “Accounting Standard for Consolidated
Financial Statements” (ASBJ Statement No. 22, December 26, 2008) and “Revised Guidance on AccountingStandard for Business Combinations and Accounting Standard for Business Divestitures” (ASBJ Guidance No.
10, December 26, 2008).
2) Application of “Accounting Standards for Asset Retirement Obligations”
From the first quarter of the current fiscal year, the Company adopted “Accounting Standards for Asset
Retirement Obligations” (ASBJ Statement No. 18, March 31, 2008) and “Guidance on Accounting Standards
for Asset Retirement Obligations” (ASBJ Guidance No. 21, March 31, 2008). As a result, income before
income taxes and minority interests declined ¥13 million. This change had little impact on operating income
and ordinary profit.
The change in the amount of asset retirement obligations due to Application of Accounting Standards for
Asset Retirement Obligations was ¥14 million.

(4) Important Matters Regarding Assumptions of a Going Concern
None

-3-

SRA Holdings, Inc. (3817) Summary of Consolidated Financial Results for the Year Ended March 31, 2010

3. Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Millions of Yen)
End of first quarter of fiscal

Quarterly

Consolidated

2011

Balance Sheets at the end(as of June 30, 2010)of fiscal 2010 (summary))(as of March 31, 2010)ASSETS
Current assets:
Cash and deposits

8,233

8,957

Notes and accounts receivable—trade

4,891

6,275

Short-term investment securities

1,504

1,504

Merchandise and finished goods

510

385

Work in process

1,685

1,140

Deferred tax assets

643

467

Other

794

610

Allowance for doubtful accounts

(4)

(4)

18,25819,337

Buildings

320

257

Accumulated depreciation

(178)

(173)

Buildings, net

142

83

Machinery, equipment and vehicles

643

697

Accumulated depreciation

(582)

(641)

61

56

Land

0

0

Other

105

101

Accumulated depreciation

(70)

(69)

Other, net

34

31

Total property, plant and equipment

238

172

Other

667

701

Total intangible assets

667

701

Investment securities

4,162

4,069

Deferred tax assets

1,530

1,586

Guarantee deposits

529

529

Other

939

949

Total current assets
Noncurrent assets:
Property, plant and equipment

Machinery, equipment and vehicles,net

Intangible assets

Investments and other assets-4-

SRA Holdings, Inc. (3817) Summary of Consolidated Financial Results for the Year Ended March 31, 2010

Allowance for doubtful accounts

(49)

(48)

Allowance for investment loss

(95)

(93)

Total investments and other assets

7,017

6,993

Total noncurrent assets

7,924

7,867

Total assets

26,182

27,204-5-

SRA Holdings, Inc. (3817) Summary of Consolidated Financial Results for the Year Ended March 31, 2010

(Millions of Yen)
End of first quarter of fiscal
2011

Quarterly Consolidated
Balance Sheets at the endof fiscal 2010 (summary))(as of June 30, 2010)(as of March 31, 2010)

LIABILITIESCurrent liabilities:
Accounts payable—trade

2,110

2,818

Short-term loans payable

2,144

2,184

Income taxes payable

193

522

Accrued consumption taxes

129

243

Accrued expenses

618

570

Provision for bonuses

898

569

2

0

Provision for loss on construction contracts

238

148

Asset retirement obligations

14

－

Other

862

518

7,213

7,576

Bonds payable

300

300

Deferred tax liabilities

61

135

3,636

3,632

426

422

6

8

4,431

4,498

11,644

12,075

Capital stock

1,000

1,000

Capital surplus

4,483

4,483

Retained earnings

9,690

10,202

Treasury stock

(894)

(894)

Total shareholders’ equity

14,28014,792375

414

Foreign currency translation adjustments

(175)

(133)

Total valuation and translation adjustments

200

281

Subscription rights to shares

22

19

Minority interests

35

36

Total net assets

14,53815,129Total liabilities and net assets

26,182

27,204

Provision for directors’ bonuses

Total current liabilities
Noncurrent liabilities:

Provision for retirement benefits
Provision for directors’ retirement benefits
Negative goodwill
Total noncurrent liabilities
Total liabilities
NET ASSETS
Shareholders’ equity

Valuation and translation adjustments
Valuation difference on available-for-sales
securities-6-

SRA Holdings, Inc. (3817) Summary of Consolidated Financial Results for the Year Ended March 31, 2010(2) Quarterly Consolidated Statements of Income(Millions of Yen)
Consolidated

Consolidated

cumulative total for

cumulative total forfirst quarter of fiscal

first quarter of fiscal

2010 (from April 1,

2011 (from April 1,2009 to June 30, 2009)2010 to June 30, 2010)

Net sales

7,849

7,848

Cost of sales

6,595

6,704

Gross profit

1,254

1,143

Selling, general and administrative expenses

970

926

Operating income

283

217

Interest received

3

12

Dividends received

13

13

Gain on allotment of investment securities

－

21

Other

23

19

Total non-operating income

4067Interest expenses

99Transfer agent processing fee

－

3

Other

4

4

Total non-operating expenses

14

17

309

267

Loss on retirement of noncurrent assets

0－Loss on valuation of investment securities

11

51

－

86

－

13

Other

0

3

Total extraordinary loss

11

155

Income before income taxes and minority interests

298

112

Income taxes-current

275

238

Income taxes-deferred

(132)

(166)

Total income taxes

143

72

Income before minority interests－

39

Minority interests in income

0

(0)

154

40

Non-operating income

Non-operating expenses

Ordinary profit
Extraordinary loss

Loss on valuation of stocks of subsidiaries andaffiliates
Loss on application of Accounting Standard for Asset
Retirement Obligations

Net income-7-

SRA Holdings, Inc. (3817) Summary of Consolidated Financial Results for the Year Ended March 31, 2010(3) Quarterly Consolidated Statements of Cash Flows(Millions of Yen)
Consolidated

Consolidated

cumulative total for

cumulative total forfirst quarter of fiscal

first quarter of fiscal

2010 (from April 1,

2011 (from April 1,2009 to June 30, 2009)2010 to June 30, 2010)

Income before income taxes and minority interests

298

112

Depreciation and amortization

56

67

Increase (decrease) in provision for retirement benefits

19

18

4

3

313

328

Increase (decrease) in provision for directors’ bonuses

1

2

Increase (decrease) in allowance for doubtful accounts(2)

1

Increase (decrease) in allowance for investment loss－

1

Interest and dividend income

(16)

(26)

Interest expense

99Loss (gain) on valuation of investment securities

11

51

Loss on valuation of stocks of subsidiaries and affiliates－

86

Loss (gain) on sales of noncurrent assets

0－Loss on retirement of noncurrent assets

01

Decrease (increase) in notes and accounts receivable—trade

2,409

1,380

Decrease (increase) in inventories

(658)

(668)

Increase (decrease) in notes and accounts payable—trade

(658)

(706)

611

448

Increase (decrease) in accrued consumption taxes

(270)

(114)

Other, net

(242)

(189)

Subtotal

1,887

807

Interest and dividends income received

15

21

Interest expenses paid

(8)

(8)

Income taxes paid

(768)

(547)

Net cash provided by operating activities

1,126

273

(10)

(7)

Proceeds from sale of property, plant and equipment

0－

Purchases of intangible assets

(7)

(47)

Purchases of investment securities

(90)

(335)

Proceeds from sales of investment securities

19

7

Payments of loans receivable

(4)

(0)

Net cash provided by (used in) operating activities:

Increase (decrease) in provision for directors’ retirement
benefits
Increase (decrease) in provision for bonuses

Increase (decrease) in other liabilities

Net cash provided by (used in) investing activities:
Purchases of property, plant and equipment-8-

SRA Holdings, Inc. (3817) Summary of Consolidated Financial Results for the Year Ended March 31, 2010

Collection of loans receivable

4

1

Payments into time deposits

(50)

(0)

Proceeds from withdrawal of time deposits

20－

Other, net

0

(1)

(117)

(383)

(114)

(40)

Repayments of long-term loans payable(4)－Purchase of treasury stock－(0)

Cash dividends paid

(553)

(553)

Net cash used in financing activities

(671)

(593)

9

(20)

Net increase (decrease) in cash and cash equivalents

347

(724)

Cash and cash equivalents at beginning of period

11,753

10,324

Cash and cash equivalents at the end of period

12,1009,600

Net cash used in investing activities
Net cash provided by (used in) financing activities:
Net increase (decrease) in short-term loans payable

Effect of exchange rate changes on cash and cash equivalents-9-SRA Holdings, Inc. (3817) Summary of Consolidated Financial Results for the Year Ended March 31, 2010

(4) Notes Concerning Premise of Going Concern
None(5) Segment Informationa. Segment Information by Type of Business
Consolidated cumulative total for first quarter of fiscal 2010 (from April 1, 2009 to June 30, 2009)(Millions of yen)
SystemOperations

Systems
Development

Product

andInfrastructure

Eliminations/

Total

Sales

Corporate

Consolidated

Development
Sales(1) Sales tocustomers

3,814

1,041

2,993

7,849

－

7,849

6

79

99

185

(185)

－

3,820

1,121

3,092

8,034

(185)

7,849

336

236

180

754

(470)

283

(2) Intersegment
sales ortransfers
Total sales
Operating income
Note:
Businesses are classified into segments according to similarities that include the types and characteristics of services.

b. Geographical Segments
Consolidated cumulative total for first quarter of fiscal 2010 (from April 1, 2009 to June 30, 2009)(Millions of yen)Japan

Other Regions

Eliminations/

Total

Corporate

Consolidated

Sales(1) Sales to customers

7,072

776

7,849

－

7,849

56

6

62

(62)

－

7,129

783

7,912

(62)

7,849

300

73

374

(90)

283

(2) Intersegment sales
or transfers
Total sales
Operating income
Notes:
1. Countries and regions are categorized based on geographic proximity.
2. Because only small amounts of net sales were recorded in each country and region outside Japan, these countries
and regions are aggregated under Other Regions.
Principal countries included in Other Regions are the United States and the Netherlands.

- 10 -SRA Holdings, Inc. (3817) Summary of Consolidated Financial Results for the Year Ended March 31, 2010

c. Overseas Sales
Consolidated cumulative total for first quarter of fiscal 2010 (from April 1, 2009 to June 30, 2009)(Millions of yen)
Other Regions

Total

I

Overseas Sales

776

776

II

Consolidated net sales

－

7,849

III

Overseas sales as a percentage
9.9

9.9

of consolidated net sales (%)
Notes:

1. Countries and regions are categorized based on geographic proximity.
2. Because only small amounts of net sales were recorded in each country and region outside Japan, these countries
and regions are aggregated under Other Regions.
Principal countries included in Other Regions are the United States and the Netherlands.

3. Overseas sales are those recorded by the Company and its consolidated subsidiaries in countries and regions
outside Japan.
(Additional Information)
Effective from the first quarter of the current fiscal year, the Company adopted the “Accounting Standard forDisclosures about Segments of an Enterprise and Related information” (ASBJ Statement No. 17, March 27, 2009)
and “Guidance on Accounting Standard for Disclosures about Segments of an Enterprise and Related information”(ASBJ Guidance No. 20, March 21, 2008).
1. Summary of Reporting Segments
The Group’s reporting segments are those for which financial information separate from that of other units
comprising the Group can be obtained. Periodic reviews are made of reporting segments by the Board of Directors fordetermining the allocation of management resources and assessment of business results.
The Company carries out overall management of subsidiaries engaged in the three businesses of “Systems
Development,” “System Operations and Infrastructure Development” and “Product Sales.” Therefore, the Group’s
three reporting segments are “Systems Development,” “System Operations and Infrastructure Development” and“Product Sales.”Principal contents of business in each segment.
Business segment

Content of businessz

Integrated

systemdevelopment

rangingfromdefining

requirements

todevelopment

andmaintenanceof

mainframe-based large systems
Systems Developmentz

System integration covering system planning, development andintroduction of open systemsz

Solutions business offering business tools that utilize various
products and toolszOpen source business that offers technical support for systems- 11 -SRA Holdings, Inc. (3817) Summary of Consolidated Financial Results for the Year Ended March 31, 2010

through open source softwarez

Operation management of computer systems and network systems

System Operations and z

Overall operation that includes data management and facilities

Infrastructure

management

Development

Productz

Building of network systemsz

Outsourcing servicesz

Sales of packaged software that includes licensingz

Sales of system devices, centering on servers, in integration
services

Salesz

Consulting services related to the introduction of IT

2. Information Concerning Net Sales and Income or Losses for each Reporting Segment
Consolidated cumulative total for first quarter of fiscal 2011 (from April 1, 2010 to June 30, 2010)(Millions of yen)AmountSystemrecorded on

Operations

Systems
Development

Product

andInfrastructure

Adjustment

Total

Sales

*1

amountthe quarterly
consolidated
statements ofDevelopment

income *2

Sales(3) Sales tocustomers

4,150

940

2,757

7,848

－

7,849

3

46

109

159

(159)

－

4,153

987

2,866

8,007

(159)

7,849

309

198

170

678

(461)

217

(4) Intersegment
sales ortransfers
Total sales
Operating income
Notes:
1. The segment income adjustment of minus ¥461 million is a company-wide expense not apportioned to any
reporting segment. Company-wide expenses are general and administrative expenses and R&D expenses not
attributed to any reporting segment.
2. Segment operating income is adjusted in operating income on the quarterly consolidated statements of income.

(6) Notes on Significant Changes in Shareholders’ Equity
Consolidated cumulative total for first quarter of fiscal 2011 (from April 1, 2010 to June 30, 2010)
None

4. Other Information
Status of Production, Orders and Sales- 12 -SRA Holdings, Inc. (3817) Summary of Consolidated Financial Results for the Year Ended March 31, 2010

(1) Production amounts
Segment information by type of businessMillions of Yen

System Development% change YoY
4,985

112.9

969

90.9

5,955

108.6

System Operations and Infrastructure
Development
Total(2) Purchase amounts
Segment information by type of businessMillions of Yen% change YoY

Product Sales

1,835

94.6

Total

1,835

94.6

(3) Status of orders
OrdersSegment information by type of business

System Development

Order backlog

received(Millions of(% change

Yen)

YoY)

(Millions ofYen)(% change
YoY)

4,605

93.4

4,573

100.5

747

106.6

1,360

94.0

Product Sales

2,414

79.9

2,295

86.6

Total

7,767

89.8

8,229

95.2

System Operations and Infrastructure
Development(4) Sales amounts
Segment information by type of businessMillions of Yen

System Development% change YoY
4,150

108.8

940

90.3

Product Sales

2,757

92.1

Total

7,848

100.0

System Operations and Infrastructure
Development- 13 -