NSW Inc.
9739・Prime Market・Information & Communication
Enterprise Solutions
Core segment providing IT solutions for manufacturing, retail, financial, and public sectors
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales (segment revenue) | ¥16,349 million | ¥15,587 million | ↑ |
| Sales to external customers | ¥17,353 million | ¥17,163 million | ↑ |
| Operating income (segment profit) | ¥1,698 million | ¥2,283 million | ↓ |
| Orders received | ¥16,277 million | ¥15,995 million | ↑ |
| Segment assets | ¥6,437 million | ¥6,693 million | ↓ |
Business Details
Comprises three businesses: Business Solutions (IT solutions for manufacturing, retail, and logistics industries), Financial & Public Solutions (IT solutions for insurance, banking, government, and organizations), and System Equipment Sales (delivery of PCs, servers, and other equipment). In FY2026 (ending March 2026), sales to external customers were ¥17,353 million, accounting for approximately 33% of total company sales, making it the largest segment.
Recent Overview
Sales increased, but overlapping unprofitable projects and higher expenses caused operating income to fall sharply by 25.6%
In FY2026 (ending March 2026), system development for the retail industry, mainly among existing customers, and initiatives in the financial/insurance and government sectors increased, resulting in sales of ¥16,349 million (up 4.9% year on year). On the other hand, in addition to higher expenses including human capital investment, the impact of an unprofitable project that occurred in Q3 significantly weighed on profit, resulting in a sharp decline in operating income to ¥1,698 million (down 25.6% year on year). Orders received remained steady at ¥16,277 million (up 1.8% year on year).
Key Products
Growth Drivers
- Steady progress in system development for the retail industry (mainly among existing customers)
- Increased initiatives targeting the financial/insurance and government sectors
- Continued expansion of demand for corporate DX promotion and strategic IT investment
- Contribution to next-period sales from a year-on-year increase in orders received (¥16,277 million, up 1.8%)
- Expansion of IT investment demand accompanying the progress of AI's social implementation
Risks
- Risk of unprofitable projects arising in the SI domain (an unprofitable project occurred in Q3, causing operating income to decline 25.6%)
- Risk of margin deterioration due to increased costs from expanded human capital investment
- Risk of demand fluctuation in system equipment sales (revenue declined year on year)
- Risk of lost order opportunities due to IT talent shortages
- Risk of reduced IT investment by client companies due to U.S.-China trade policy trends or worsening conditions in the Middle East
Last updated: June 26, 2026