Cacco : 【Delayed】Financial Results for the Third Quarter of Fiscal Year Ending December 31, 2021
December 28, 2021 at 11:47 am IST
Share
COPYRIGHT 2021 Cacco Inc.
Cacco Inc. | Stock Code: 4166 November 10, 2021
Financial Results for the Third Quarter of Fiscal Year Ending December 31, 2021
Note: This document is an excerpt translation of the original japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original japanese document, the latter shall prevail.
Management Vision
Cacco Evolutionary Purpose
Shaping the "Let's Do It" for a next game changer
Since its foundation, the "Cacco Evolutionary Purpose" has been the driving force for everything we do.
Japan's GDP has barely grown for 20 years, and compared to the growth of other developed countries, Japan is approaching relative poverty on a global scale. We hope to increase the number of next game changers and contribute to a more prosperous Japanese society for the next generation. With our security, payment, and data science technologies, we will support the challenges of companies and people who will become the next game changers and contribute to the sustainable growth of Japan.
Financial Results for the Third Quarter of the Fiscal Year Ending December 31, 2021
Financial Results for FY2021 3Q / Highlight of Business Results
Fraud detection services, the core of our business, increased by 17.7% YoY
Progress toward the FY2021 full-year forecasts reached 96% at each stage of profit
With the sustained growth of the EC market, FY2021 3Q sales of fraud detection services grew 17.7% YoY to 571 million yen, and overall sales grew 10.7% YoY to 685 million yen.
The progress at each stage of profit toward the FY2021 full-year forecasts is 96.4% for operating income, 97.0% for ordinary income, and 96.3% for net income.
Topics for FY2021 3Q
Aug. Formed a capital and business alliance with Recovery Co. Ltd., a Japanese general agent for Uberall, a local search marketing solution company.
Aug. Added O-MOTION and O-PLUX to the lineup of DG financial technology's fraud detection services
Sep. Launched, O-MOTION Light, unauthorized access detection services available at a low cost
Sep. Signed a referral partner agreement with UC Card for O-PLUX Sep. Launched O-PLUX Premium Plus (shipping decision agent
service) to compensate for damage caused by credit card fraud with no upper limit
(Unit: million yen)
FY2020
FY2021
YoY
FY2021
Progress %
3Q
3Q
cumulative cumulative
forecast
Net sales
619
685
+10.7%
909
75.4%
(Net sales of fraud
485
571
+17.7%
755
75.7%
detection services)
Operating income
128
148
+16.0%
154
96.4%
(Operating profit margin)
20.7%
21.7%
+1.0 pt
17.0%
-
Ordinary income
121
144
+19.7%
149
97.0%
(Ordinary income margin)
19.5%
21.1%
+1.6 pt
16.4%
-
Net income
129
98
-23.7%
102
96.3%
(C)Cacco Inc. All Rights Reserved.
5
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Cacco Inc. published this content on 28 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 December 2021 06:16:07 UTC.
Cacco Inc is a Japan-based company mainly engaged in the provision of software as a service (SaaS) type algorithms services by developing and providing algorithms and software products based on data science technology and know-how. The Company is engaged in the provision of fraud detection services such as SaaS-type fraudulent order detection service O-PLUX that detects fraudulent orders that may be unpaid in real time as a countermeasure against fraud in online payment in the electronic commerce (EC) field, and fraudulent access detection service O-motion, as well as payment consulting services for postpaid payment operators, and data science services that analyze using big data and develop and provide algorithms.