The system engineering services under our IT portfolio posted sales amounting to 908,449,000 Yen, an increase of 49.3% over the same quarter last year. Due to increased sales promotion activities and new orders for systems maintenance projects, IT product sales during the second quarter posted 52,148,000 Yen, up 24.6% from the same quarter of 2016. In summary, combined sales of our IT products and services posted 960,597,000 Yen, an increase of 47.7% from the same quarter of the previous year.

Orders received for our manufacturing business showed a slight decline over the same quarter of the previous year. New orders received for the second quarter amounted to 51,483,000 Yen, down 37.2% from the same quarter of the previous year. Net sales in the manufacturing business for the first half of the current consolidated fiscal year was 133,065,000 Yen, a 4.6% drop from the same period of the previous year.

Net sales in the Triumph real estate business for the second quarter posted 34,770,000 Yen. Sales for the sales and marketing company Advance would not be posted for this quarter, as it was acquired by Triumph Corporation within the second quarter of 2017.

The group's consolidated sales for the second quarter is 1,128,433,000 Yen, up 42.8% from the same quarter of 2016, operating income is 84,063,000 Yen, up 323.6% from the same quarter of 2016, EBITA** is 99,458,000 Yen, a 328.2% increase compared to the same quarter last year, ordinary income is 75,505,000 Yen, 495.6% increase compared with the same quarter of 2016, and quarterly net income attributable to parent company shareholders is 47,395,000 Yen, a 934.1% increase compared to the same quarter of the previous year.

** EBITA is the sum of operating profit and depreciation expenses (intangible fixed assets).


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