SCSK revises upward full-year earnings forecast after solid Q3

SCSK Corporation (TSE: 9719) announced an upward revision of its consolidated earnings forecast for the fiscal year ending March 2025 following a strong third-quarter performance. Revenue is now projected at ¥596 billion, a 24.1% increase year-over-year, with operating income expected to reach ¥66.5 billion, a 16.7% rise. The forecast revision reflects sustained robust IT investment demand from clients across various industries and the consolidation of NetOne Systems as a subsidiary in December 2024. Net income attributable to owners of the parent is now estimated at ¥46.5 billion, or ¥148.78 per share. The company's third-quarter revenue reached ¥384.84 billion, up 9.5%, with operating income at ¥42.89 billion, up 4.7%.