The fiscal year ended March 31, 2018 (FY2017) finished on a bright note, with net sales reaching ¥23.2 billion, their highest level in the history of INFORMATION DEVELOPMENT CO., LTD. (“ID”). While some projects proved unprofitable, the operating income rose for the 5th, and the ordinary income rose for the 2nd fiscal year in a row, delivering this fiscal year’s record-breaking results.
In January 2018 the ID Group welcomed Fess Co., Ltd. into its fold. Fess is a system operation management specialist whose operations include information technology service management (ITSM) consulting. In bringing Fess aboard, the Group aims to strengthen its core operations while partnering with companies in Japan and overseas that boast state-of-the-art technologies, thereby expanding the Group’s business and generating innovation.
FY2018 is the final year of I-vision 50, the Group’s current Medium-term Management Plan. In addition to the contribution from purchased subsidiaries, the Group will continue to benefit from a solid orders-received environment. For these reasons, the Group has set targets of ¥26.3 billion for net sales and ¥1.48 billion for operating income in FY2018. The Group will continue to transform itself in the current fiscal year by achieving breakthrough innovations in business processes.
As always, the future of the ID Group is a function of the personal and professional growth of each and every Group employee. This is why we remain as committed as ever to hiring and developing outstanding personnel. Guided by their Mission of “Creating an exciting future,” the employees and directors of the ID Group will work as a team, devoting their fullest efforts every day fulfilling the potential of the ID Group and its people, with the aim of enhancing the Group’s enterprise value.