Notice Regarding Financial Results for 3Q Ended December 31, 2021
09 FEB 2022 | IR News
LAC Co., Ltd. (TSE: 3857) today released its Financial Results for 3Q Ended December 31, 2021.
Summary of Financial Results
Net Sales
Net sales came to 30,612 million yen (up 1.1% year on year) on service and product sales growth in the Security Solutions Services (SSS) business, which offset weaker sales in the System Integration Services (SIS) business partly due to the impact of the transfer of a business of a subsidiary in the IT maintenance services.
Operating Income
Operating income was 365 million yen (down 13.1% year on year) due to sales capability reinforcement and other initiatives aimed at business expansion.
Net Income Attributable to Owners of Parent
Net income attributable to owners of the parent came to 525 million yen (up 121.7% year on year) as a result of a gain on the sale of subsidiary shares and gain on the sale of investment securities booked as extraordinary income.
Please refer to the financial results materials below for more details.