• A decline in operating loss – Q3 FY9/25 Q3 results showed stronger performance YoY. The operating loss shrank significantly, reflecting order delivery for general industries and government and public offices areas, compared to Q3 FY9/24 when the company suffered from the shrinkage of large system-related projects for financial systems and bank cards and a cost increase associated with investments within IT Service (ITS). Think Tank & Consulting Services’ (TTC) operating loss shrank YoY because of the operating leverage, which accelerated through larger order delivery, contributing to the smaller consolidated operating loss. Order intake expanded for TTC (+18.2% YoY) and ITS (+12.7%). Order expansion is a sign of recovery, possibly a result of strategic initiatives aimed at improving productivity and profitability for both TTC and ITS.
