RVH Inc.
6786・Standard Market・Services
System Development
The core segment of the RVH Group. Operates IT staffing, contract development, PC recycling, and other services
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment sales (FY2026, ending March 2026) | ¥1,105 million | ¥1,118 million | ↓ |
| Segment profit (FY2026, ending March 2026) | ¥73 million | ¥68 million | ↑ |
| Segment assets (FY2026, ending March 2026) | ¥667 million | ¥567 million | ↑ |
| Depreciation expense (FY2026, ending March 2026) | ¥9 million | ¥7 million | ↑ |
| Major customer (NTT Communications) sales (FY2026, ending March 2026) | ¥130,304 thousand | ¥146,586 thousand | ↓ |
Business Details
Provides staffing services for systems engineering and back-office operations, IT Total Support (System Development Business) including hardware/software procurement, PC Data Erasure & Recycling, contract development of embedded systems, business systems, health checkup systems, etc., and sales of the medical image display software "FVT-air" (Industrial Graphics Business). NTT Communications Corporation is a major customer (sales of ¥130,304 thousand in FY2026 (ending March 2026)).
Recent Overview
Sales declined 1.1% year on year to ¥1,105 million, but profit margin improved due to in-house operational shift, boosting profit 7.7%
In the System Development segment for FY2026 (ending March 2026), while orders in the staffing services division declined due to a decrease in working personnel, the staffing services and system development divisions achieved higher sales year on year due to increased orders in contract development and higher used PC sales volume/unit prices in the PC recycling division. The contract development and industrial graphics divisions saw substantial growth in project acquisition in the fourth quarter, but full-year sales declined year on year. However, profit margin improved substantially due to thorough in-house handling of operations, which suppressed outsourcing costs, resulting in segment profit of ¥73 million (up 7.7% year on year).
Key Products
Growth Drivers
- Steady demand for IT services underpinned by continued DX promotion at companies and municipalities
- Improved profit margin through aggressive in-house handling of contract development projects
- Increased used PC sales volume and unit prices in the PC Data Erasure & Recycling Business
- Expansion of the sales base through new customer development and deepening of existing customer relationships
- Enhanced responsiveness and profitability through strengthened personnel recruitment and training
Risks
- Rising recruitment, labor, and outsourcing unit costs due to chronic shortage of systems engineering personnel
- Risk of earnings volatility in the first half due to the second-half-weighted structure of contract development orders
- Risk of cost overruns due to troubleshooting on certain development projects
- A material event related to going concern assumption at the consolidated group level, having recorded operating losses for eight consecutive fiscal years since FY2019 (ending March 2019)
- Risk of sales concentration on a major customer (NTT Communications), with sales of ¥130,304 thousand in FY2026 (ending March 2026)
Last updated: June 25, 2026