OREANDA-NEWS. NTT DATA CORPORATION announced its consolidated financial results for the first quarter of the fiscal year ending March 31, 2014.

As a result of the above, net sales in the three months ended June 30, 2013 remained almost unchanged from the same period of the previous fiscal year, given that the fall in net sales due to reduction of the existing large-scale system was offset by a sales increase of foreign subsidiaries and the impact of foreign exchange rate due to lower yen. Operating income, ordinary income, income before income taxes and minority interests, and net income fell due to the impact of unprofitable projects.

Net Sales 294.1billion yen (up 0.1% year-on-year)
Operating Income 5.1billion yen (down 61.6% year-on-year)
Ordinary Income 6.1billion yen (down 48.8% year-on-year)
Income Before Income Taxes and Minority Interests 6.1billion yen (down 48.8% year-on-year)
Net Income 2.2billion yen (down 67.9 % year-on-year)

Total assets at the end of the first quarter stood at 1,483.3 billion yen, down 40.9 billion yen or 2.7% from the end of the previous fiscal year, mainly due to accelerated collection of accounts receivable-trade.

Total liabilities amounted to 798.3 billion yen, down 41.7 billion yen or 5.0% from the end of the previous fiscal year, mainly due to a decrease in corporate bonds resulting from redemption and payment of accounts payable-trade and income taxes.