TDC SOFT Inc.
4687・Prime Market・Information & Communication
System Development
TDC Soft's sole business segment, providing integrated SI services from consulting through operation
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (full year) | ¥48,359 million | ¥44,417 million | ↑ |
| Operating profit (full year) | ¥5,159 million | ¥4,772 million | ↑ |
| Ordinary profit (full year) | ¥5,359 million | ¥4,876 million | ↑ |
| Profit attributable to owners of parent (full year) | ¥3,880 million | ¥3,433 million | ↑ |
| Operating profit margin | 10.7% | 10.7% | — |
| Return on equity (ROE) | 17.5% | 17.4% | ↑ |
| Equity ratio | 74.4% | 73.8% | ↑ |
| Earnings per share | ¥82.11 | ¥72.86 | ↑ |
| Revenue from main customer (NTT DATA) | ¥8,024 million (16.6% of total revenue) | ¥7,890 million (17.8% of total revenue) | ↑ |
Business Details
A single segment that provides consultation, design, development, maintenance, and operation management as an integrated system development service on a contracted basis, as well as the development, manufacturing, and sale of proprietary products, the procurement and sale of third-party products, and related services. The company serves a wide range of industries as customers, including finance, public sector, manufacturing, distribution, and telecommunications, and operates in four business areas: IT Consulting & Services, Financial IT Solutions, Public Sector IT Solutions, and Platform Solutions. The main customer is NTT DATA Corporation (¥8,024 million in revenue in FY2026 (ending March 2026), 16.6% of total revenue).
Recent Overview
In FY2026 (ending March 2026), all four business areas progressed steadily, achieving increases in both revenue and profit
In FY2026 (ending March 2026), revenue was ¥48,359 million (up 8.9% year on year) and operating profit was ¥5,159 million (up 8.1%), achieving increases in both revenue and profit. By business area, Platform Solutions (+15.3%) and IT Consulting & Services (+13.8%) led growth. A gain on sale of NTT DATA Group shares associated with the NTT Group reorganization resulted in extraordinary income of ¥166 million. Based on the medium-term management plan "Be a Visionary System Integrator" (April 2025 to March 2028), the company is actively pursuing the acquisition of advanced technologies such as AI and networking, as well as expanded hiring of career-track personnel. For FY2027 (ending March 2027), the company forecasts revenue of ¥53,000 million (+9.6%) and operating profit of ¥5,600 million (+8.5%).
Key Products
Growth Drivers
- Continued corporate DX investment and progress in cloud shift including core business areas
- Growing demand for system development and governance frameworks due to accelerating implementation of generative AI in business operations and business process reviews
- Steady progress in SaaS and ERP solution projects in the IT Consulting & Services area (up 13.8% year on year)
- Expansion of cloud-related infrastructure construction projects in the Platform Solutions area (up 15.3% year on year)
- Growth in high-value-added businesses through the acquisition of advanced technologies such as AI, data engineering, networking, and security, and expanded hiring of career-track personnel based on the medium-term management plan
- Expansion of business areas through an active investment strategy including M&A (acquisition of shares in affiliated companies of ¥30 million, etc.)
Risks
- Customer concentration risk due to revenue dependence on NTT DATA (¥8,024 million in revenue in FY2026 (ending March 2026), 16.6% of total revenue)
- Risk of deteriorating cost ratio due to rising labor costs and outsourcing expenses (cost of sales of ¥38,557 million, cost ratio of 79.7%)
- Risk of fluctuations in total cost estimates for contracted projects (potential recording of provision for loss on order received)
- Risk of delayed technical response due to accelerating technological innovation in AI, cloud, and other areas
- Risk of customer IT investment restraint due to price increases, geopolitical risk, and uncertainty in overseas conditions
- Risk of short-term cash flow pressure due to expanded upfront investment based on the medium-term management plan (acquisition of securities of ¥2,098 million, acquisition of investment securities of ¥1,410 million, etc.)
Last updated: June 23, 2026