ENVALITH
株式会社SRAホールディングス logo

SRA Holdings, Inc.

3817Prime MarketInformation & Communication

株式会社SRAホールディングス logo
SRA Holdings, Inc.3817

Development Business

Core segment of the SRA Group, handling everything from large-scale system development to OSS support.

PeriodCurrentPreviousChange
Revenue (external customers)¥25,889 million (FY2026, ending March 2026)¥25,601 million (FY2025, ended March 2025)
Segment profit¥5,688 million (FY2026, ending March 2026)¥5,303 million (FY2025, ended March 2025)
Segment assets¥15,803 million (FY2026, ending March 2026)¥13,818 million (FY2025, ended March 2025)
Orders received¥26,563 million (FY2026, ending March 2026)up 5.7% year on year
Order backlog¥6,460 million (end of FY2026, ending March 2026)up 11.6% year on year

Business Details

Comprises four areas: integrated system development covering everything from requirements definition to development and maintenance for large-scale mainframe systems; system integration for open systems; Solution Business utilizing tools and products; and Open Source Business, which provides technical support for Open Source Software (OSS). Major customers include the financial, telecommunications, electric power/gas, and manufacturing industries. Responsible operating companies include SRA, Software Science, SRA AMERICA, INC., SRA West Japan, SRA Tohoku, SRA (Europe) B.V., AIT, SRA India Private Limited, and others.

Recent Overview

Revenue, profit, and order backlog all increased year on year, driven by growth in demand from the financial industry.

In the Development Business for FY2026 (ending March 2026), revenue increased to ¥25,889 million (up 1.1% year on year) and segment profit increased to ¥5,688 million (up 7.3% year on year), reflecting growth in demand from the financial industry and other sectors. Orders received rose to ¥26,563 million (up 5.7% year on year) and the order backlog grew to ¥6,460 million (up 11.6% year on year), while improved productivity and better unit pricing contributed to margin improvement. Progress in highly profitable businesses, including the cloud business, also contributed to profit growth.

Key Products

service
Large-scale System Development (Mainframe)

Covers the entire process—requirements definition, design, development, and maintenance—for large-scale core systems mainly in the financial industry. Demand from the financial industry continues to be the main driver.

service
System Integration (Open Systems)

A system integration service providing an integrated offering from system planning through development and implementation for open systems. The company is strengthening highly profitable areas, including cloud business.

product
Solution Business

Utilizes proprietary and third-party tools and products to provide solutions that address customers' business challenges.

service
Open Source Business (OSS Support)

Open Source Business providing system technical support utilizing OSS. The company is also expanding its service offerings through a capital and business alliance with the NTT DATA Group.

Growth Drivers

  • Continued growth in business for the financial industry (which remained the main driver again this period)
  • Increases in orders received and order backlog (orders received of ¥26,563 million, up 5.7% year on year; order backlog of ¥6,460 million, up 11.6% year on year)
  • Strengthening of the cloud business (progress in highly profitable business areas)
  • Improvement in segment profit margin through productivity gains and better unit pricing
  • Expansion of the OSS business (service expansion through the capital and business alliance with the NTT DATA Group)
  • Increase in projects for the telecommunications and electric power/gas industries

Risks

  • Sluggish demand from manufacturing industry customers (impact of the slowdown in the Chinese economy and US trade policy)
  • Constraints on order fulfillment capacity due to the shortage of IT personnel
  • Possible suppression of customer investment due to geopolitical risks such as US tariff policy under the Trump administration
  • Risk of delayed response to rapid technological evolution (AI and cloud)
  • Credit risk related to overseas business investments and loans (allowance for doubtful accounts on fixed assets increased to ¥5,516 million)

Last updated: June 24, 2026