ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Japan software developer Obic seen posting record 9-month profit gain

Domestic demand for labor-saving IT seen fattening dividend hike

Growth in the highly profitable cloud computing business likely improved Obic's profit margin.

TOKYO -- Japanese business software provider Obic's group operating profit apparently jumped by a fifth on the year to nearly 25 billion yen ($226 million) for the nine months through December on steady demand for efficiency-boosting IT systems.

This would mark a 14th straight record profit for the period and the strongest growth since the company began reporting quarterly earnings.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more