Basis Corporation
4068・Growth Market・Information & Communication
Infratech Business (Single Segment)
A single-segment company deploying engineering services for telecommunications, electric power, and gas infrastructure on a nationwide basis
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (cumulative Q3) | ¥6,304 million | ¥5,983 million | ↑ |
| Operating profit (cumulative Q3) | ¥210 million | ¥175 million | ↑ |
| Operating margin (cumulative Q3) | 3.3% | 2.9% | ↑ |
| Ordinary profit (cumulative Q3) | ¥207 million | ¥166 million | ↑ |
| Quarterly net profit attributable to owners of parent (cumulative Q3) | ¥124 million | ¥102 million | ↑ |
| Quarterly net profit per share (cumulative Q3) | ¥67.18 | ¥55.81 | ↑ |
| Total assets | ¥3,846 million | ¥3,717 million | ↑ |
| Net assets | ¥2,148 million | ¥2,046 million | ↑ |
| Equity ratio | 55.4% | 55.1% | ↑ |
| Full-year net sales forecast | ¥8,684 million | ¥7,984 million | ↑ |
| Full-year operating profit forecast | ¥234 million | ¥178 million | ↑ |
Business Details
The company operates the "Infratech Business," which combines telecommunications infrastructure construction expertise with cutting-edge technology. With telecommunications carriers, electric power companies, and gas companies as its main customers, it provides three services: Mobile Engineering Service, IoT Engineering Service, and IT Engineering Service. Its source of competitive advantage is a nationwide service delivery structure built on its proprietary on-site work DX cloud platform "BLAS" and its nationwide partner network "Basis Partners." The company operates both flow-type (equipment installation contracting) and stock-type (operational monitoring/maintenance staffing) business models.
Recent Overview
Driven by IoT and IT Engineering, the company achieved increased revenue and profit for the cumulative first nine months
For the first nine months of FY2026 (ending March 2026) (July 2025 to March 2026), net sales were ¥6,304 million (up 5.4% year-on-year), operating profit was ¥210 million (up 19.9%), ordinary profit was ¥207 million (up 24.9%), and quarterly net profit was ¥124 million (up 21.2%). While Mobile Engineering Service declined 5.5% due to telecommunications carriers restraining capital expenditures, IoT Engineering Service grew a strong 13.2% and IT Engineering Service grew 15.2%. The full-year earnings forecast (net sales of ¥8,684 million, operating profit of ¥234 million) remains unchanged, with progress rates through the cumulative third quarter of 72.6% for net sales and 89.7% for operating profit.
Key Products
Growth Drivers
- Expansion of smart meter, network camera, and solar power generation equipment-related projects in IoT Engineering Service
- Expansion of the monitoring/maintenance stock business and improvement of unit sales prices in IoT Engineering Service
- Increase in network line switchover projects for convenience stores and financial branches in IT Engineering Service
- Strengthened competitiveness through on-site work efficiency improvements using the proprietary "BLAS" platform, and cultivation of new revenue sources through external sales (SaaS/BPaaS)
- Capability to handle large-scale nationwide projects through 6 nationwide locations and the "Basis Partners" partner network
- Earnings contribution from Avance Agile Co., Ltd., which became a consolidated subsidiary in November 2023
Risks
- Downward pressure on Mobile Engineering Service sales due to continued capital expenditure restraint by telecommunications carriers
- Concentration of sales in SoftBank, SB Engineering, and TEPCO Power Grid (the top 3 companies accounted for approximately 50% of sales in the previous consolidated fiscal year)
- Risk of economic downturn stemming from U.S. trade policy and concerns over slowing personal consumption due to continued price increases
- Legal compliance risks related to the Construction Business Act and the Worker Dispatching Act, and risk of disguised contracting
- Increasing difficulty in securing and developing human resources (including rising labor costs) impacting profitability
- Risk of leakage of customers' confidential information and personal data, and information security incidents
Last updated: September 25, 2025