Saxa Holdings ＜6675＞ announced consolidated financial results for the fiscal year ending 2024/3 on the 10th. Net sales increased 9.7% from the previous fiscal year to 40.948 billion yen, operating profit increased 38.4% to 3.345 billion yen, ordinary profit increased 42.7% to 3.406 billion yen, and net income attributable to parent company shareholders increased 365.3% to 2.80 billion yen.
Sales in the network solutions field were 26.134 billion yen (705 million yen increase from the previous fiscal year). Mainly for button telephone devices, sales volume increased due to the fact that we were able to secure a fixed number of materials and parts for both our own brand and specific customers, and sales volume increased due to strong sales of button telephone devices for small-scale businesses that were sold in 2023/10, and efforts to increase in-store share of sales partners. Also, sales of IP surveillance camera systems increased in visual solutions, and sales of construction projects for specific customers increased in the SI business.
Sales in the security solutions field were 14.813 billion yen (up 2,922 billion yen from the previous fiscal year). This is due to an increase in sales of card readers, writers, etc. in the amusement market due to a rise in demand for replacement with new card units, and a further increase in demand for industrial equipment in EMS.
The consolidated earnings forecast for the fiscal year ending 2025/3 is being formulated and is not described because the next “medium-term management plan (fiscal year ending 2025/3 to the fiscal year ending 2027/3)” is being formulated. It is scheduled to be announced along with the next “Mid-Term Management Plan (fiscal year ending 2025/3 to fiscal year ending 2027/3)” by around the end of 2024/5.