Report
on
Business Performance
of
Japan System Bank Corporation
For its 8th term
(from July 1, 2003 to June 30, 2004)
| Sales |
Amount |
Year-on-year growth |
| CP system sales Div |
849 million yen |
101% |
| CP System Div |
707 million yen |
112% |
| Maintenance Div |
205 million yen |
113% |
| Income from lease |
185 million yen |
617% |
| Others |
77 million yen |
244% |
| Total |
2,024 million yen |
118% |
The gross profit on sales for this term substantially increased from
513,378 thousand JPY to 625,072 thousand JPY.
The sales administrative expense was cut down from 600,557 thousand JPY
to 471,235 thousand JPY.
In this term, we found that Japan finally rebounded from the long stagnation after the bubble economy. Casting a glance at the situation revolving around our business, we saw that, followed by Park 24 Co., Ltd., NITTYU Co. Ltd.(Nihon Tyuushajyou Kaihatsu) went public on the JASDAQ exchange, and then, the second section of the Tokyo Stock Exchange. They both have showed excellent business results. Furthermore, Arealink Co., Ltd., which is one of the most important clients for us, got listed on MOTHERS (Market of the High-Growth and Emerging Stocks). Their stock prices are keeping high. It is very pleased indeed for us to hear that our business friends joined the market.
As a result of our anticipatory investments in earlier terms, we marked
drastic increases both in sales and profit. This positive earnings is across
all the divisions of our company. Toward better business performances,
we will make every possible effort. Your continued support will be greatly
appreciated.Analyzing the causes of the positive earnings, we found it
effective to have focused on cost reduction. Moreover, it is notable that
the development of our enterprise resource planning package was completed
with Fukui Prefecture's official assistance and subsidies to our attempts
for the introduction of IT. This gave a very strong momentum to streamlining
our operations.In this coming 9th term, we will promote the sales of Pikatoro
24 (a remote management system for car parking structures), which has already
been introduced on the market. Also we will put our new parking system
for bicycles to practical use and promote its sales. These attempts will
develop a new business model.Regrettably, we decided to suspend payment
of dividends for this term. But we promise you that we will do our best
to resume dividend.
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