Earnings digests and industry comparisons for Japan's biggest listed companies.
2 reports
Across five IT Consulting and Development Services companies in Q3 FY2026, AI and digital transformation demand boosted sales, but profit growth varied. SHIFT led revenue growth while NSD posted the strongest operating profit increase, highlighting the gap between expansion and earnings.
Sales growth and profit growth are increasingly diverging.
Japan's major SIers and IT services companies grew revenue an average 4.9% in Q1 FY2027, but profit trends diverged. TIS led with a 12.2% operating margin, while NSSOL topped sales growth and BIPROGY's revenue and profit fell.
Revenue growth and earnings strength are not the same thing.
