LAC Co., Ltd.

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Emergency Inquiries: Cyber Emergency Center ®

If you are in an emergency situation, please contact us now [Cyber Emergency Center]

Notice Regarding Financial Results for the Year Ended March 31, 2021

12 MAY 2021 | IR News

LAC Co., Ltd. (TSE: 3857) today released its Financial Results for the Year Ended March 31, 2021.

Summary of Financial Results

Net Sales

Despite a slump in the first quarter, demand for services related to security solutions increased toward the end of the fiscal year. Security Solutions Services (SSS) business sales therefore rose on product sales growth and increased sales of consulting services, assessment services, and other services. Likewise, System Integration Services (SIS) business sales increased owing to the expansion of solution services and development services, and other factors. As a result, net sales were 43,693 million yen, up 8.0% year on year.

Operating Income

Operating income was 2,117 million yen, up 19.8% year on year. This was despite the impact of expenses such as moves to strengthen the workforce of the SSS business and investment in an in-house IT system to streamline work processes, along with special lump-sum relief payments made to employees mainly to help cover the costs of working from home.

Net Income Attributable to Owners of Parent

Net income attributable to owners of parent was 304 million yen, down 72.1% year on year, as valuation loss on slow moving work in process was recorded as extraordinary loss.

Please refer to the financial results materials below for more details.

Financial Results for the Year Ended March 31, 2021

Financial Results(PDF 110.1 KB)

Financial Results Presentation(PDF 659.5 KB)