ENVALITH
株式会社CIJ logo

Computer Institute of Japan, Ltd.

4826Prime MarketInformation & Communication

株式会社CIJ logo
Computer Institute of Japan, Ltd.4826

System Development, etc. (Single Segment)

A single-segment company centered on IT system development, with strengths in the public and energy sectors.

PeriodCurrentPreviousChange
Sales (nine months ended March 2026, cumulative)¥21,935 million¥20,120 million (same period of prior year)
Operating profit (nine months ended March 2026, cumulative)¥2,162 million¥1,696 million (same period of prior year)
Ordinary profit (nine months ended March 2026, cumulative)¥2,186 million¥1,711 million (same period of prior year)
Quarterly net profit attributable to owners of parent (nine months ended March 2026, cumulative)¥1,420 million¥1,104 million (same period of prior year)
Sales (full year FY2025 (ended June 2025))¥26,899 million
Operating profit (full year FY2025 (ended June 2025))¥2,170 million
Sales (full-year forecast for FY2026 (ending June 2026))¥28,500 million¥26,899 million (full-year actual for FY2025 (ended June 2025))
Operating profit (full-year forecast for FY2026 (ending June 2026))¥2,250 million¥2,170 million (full-year actual for FY2025 (ended June 2025))
Equity ratio (end of Q3 FY2026 (ending June 2026))75.8%77.7% (end of FY2025 (ended June 2025))
Total assets (end of Q3 FY2026 (ending June 2026))¥19,633 million¥18,676 million (end of FY2025 (ended June 2025))
Net profit per share (nine months ended March 2026, cumulative)¥25.07¥19.21 (same period of prior year)

Business Details

The only segment operated by CIJ Group. Centered on system design, development, and operation & maintenance, the company also provides consultation, package integration, and computer product sales, among other services. Customers span IT companies (SIers), general corporations, and the public sector. Under the medium-term management plan "BEIT50" (FY2025 (ending June 2025) to FY2027 (ending June 2027)), the company is promoting the development of specialized systems engineers and expansion of prime business.

Recent Overview

Sales up 9.0% and operating profit up 27.5% for the nine-month cumulative period, with the full-year forecast maintained.

For the nine months ended March 2026 (July 2025 to March 2026), solid orders in the public and energy sectors, together with the resolution of cost overruns on certain projects that occurred in the same period of the prior year, drove sales of ¥21,935 million (up 9.0% year on year) and operating profit of ¥2,162 million (up 27.5% year on year), a substantial increase in profit. On December 1, 2025, the company made Infotech Solutions Co., Ltd. a consolidated subsidiary, strengthening its public-sector business. The full-year earnings forecast (sales of ¥28,500 million, operating profit of ¥2,250 million) remains unchanged, with progress rates for the nine-month cumulative period reaching a high level of 77.0% for sales and 96.1% for operating profit.

Key Products

service
System Development

Sales for the nine months ended March 2026 (cumulative) were ¥18,591 million (up 6.5% year on year). Orders in the public and energy sectors remained solid, driving revenue growth. This is the largest revenue item, accounting for approximately 84.8% of total sales.

service
Consultation and Research

Sales for the nine months ended March 2026 (cumulative) were ¥872 million (up 9.8% year on year). Orders for project support and technical support projects in the information and communications sector remained solid, driving revenue growth.

service
System/Package Integration Services

Sales for the nine months ended March 2026 (cumulative) were ¥853 million (up 39.0% year on year). Orders for system implementation support projects for the public sector and integrated welfare systems remained solid, recording the highest revenue growth rate among all sales items.

service
Other (Computer Product Sales, Operation & Maintenance, etc.)

Sales for the nine months ended March 2026 (cumulative) were ¥1,617 million (up 29.5% year on year). Orders for operation & maintenance projects in the information and communications sector remained solid, driving revenue growth.

Growth Drivers

  • Solid orders backed by expanding IT investment in the public and energy sectors
  • Business expansion in government and social infrastructure system development through Infotech Solutions Co., Ltd. (consolidated in December 2025)
  • Business expansion in the energy sector through Advance Soft Co., Ltd. (consolidated in October 2024)
  • Increased IT investment driven by expanding demand for digital technology utilization, including generative AI
  • Increase in public-sector package integration projects such as support for standardizing integrated welfare systems for local governments (up 39.0% year on year)
  • Solid orders for operation & maintenance projects in the information and communications sector (up 29.5% year on year)

Risks

  • Risk of recruitment difficulties and rising personnel costs due to increased demand for IT talent (increased human capital investment such as salary level increases)
  • Risk of project delays or losses (delays and losses on certain projects also occurred in full-year FY2025 (ended June 2025))
  • Delay in expanding prime business (risk that the proportion of prime sales may decline due to an increase in SIer projects)
  • Increased goodwill amortization burden (goodwill amortization increased to ¥107,516 thousand from ¥74,432 thousand in the same period of the prior year, due to consolidation of subsidiaries through M&A)
  • Macro-environment risks such as US trade policy, geopolitical risk, and financial and capital market volatility
  • Increase in provision for quality assurance (increased from ¥12 million at the end of the prior consolidated fiscal year to ¥85 million at the end of Q3)

Last updated: September 17, 2025