Thank you very much for attending our briefing on the financial results for Q3 FY ending March 2025, which was announced today. Here are the topics I am covering today. Firstly, financial results for Q3 FY ending March 2025. Page 4 shows the key Q3 takeaways. Nine-month results showed a significant improvement in domestic IT services and aerospace and national security business. Revenue was JPY 2,312.8 billion, and non-GAAP OP was JPY 162.3 billion. Excluding the impact of JAE deconsolidation, revenue increased 4.5% year-on-year, and non-GAAP OP increased by JPY 75.9 billion, surpassing our expectations. Considering such progress to date, we made an upward revision to our full-year forecasts. Non-GAAP OP is revised to JPY 280 billion, an increase of JPY 25 billion from the previous forecast. Page 5 summary of key figures. Page 6 results by segment.
The details will follow, but please note that both revenue and OP increase in IT services and social infrastructure. In others, both revenues and OP decline, but this was due to the deconsolidation of JAE. Factoring in all these elements, adjusted operating profit landed at JPY 150.2 billion, up JPY 53.2 billion year-on-year. Page 7 year-on-year change in adjusted non-GAAP operating profit. Adjusted OP for FY ending March 2024 was JPY 97 billion, and non-GAAP OP was JPY 99.4 billion. Starting from this point, as you can see here, there was a significant improvement in IT services and social infrastructure, which resulted in a JPY 75.9 billion improvement in marginal profit. Having posted JPY 12.9 billion for the deconsolidation of JAE, non-GAAP OP for the first nine months of FY ending March 2025 resulted in JPY 162.3 billion.
Non-GAAP adjustment items total JPY 12.1 billion, which includes an JPY 8.3 billion restructuring-related expense incurred in Q3 and JPY 3.8 billion recorded in the first half. Under such backdrop, adjusted OP ended at JPY 150.2 billion. Please refer to Pages 25 and 26 of the appendix for non-GAAP OP adjustment items. Page 8 is the first slide on segment. Firstly, IT services. Excluding NEC Facilities, domestic revenue increased 7%, and that of international DG/DF business rose 8%, showing a favorable trend. Adjusted OP increased significantly due to improved profitability both in Japan and overseas, in addition to increased profits from higher revenue projects. Page 9, domestic IT services booking status. Excluding NEC Facilities, overall domestic IT services increased 9% year-on-year, indicating continued strong demand.
By service area, orders for public services increased 36% year-on-year in the third quarter, following the momentum of Q1 and Q2, mainly driven by the municipal government's platform standardization projects. Enterprise continued to see robust demand in all business domains. Finance and retail services sectors decreased due to a reversal effect from the previous year. However, the pipeline of projects remains strong. Manufacturing increased 13% due to completing a round of practice of selecting orders based on profitability and an increase in DX-related projects. ABeam Consulting also continued to perform well, registering a 10% increase. Page 10, social infrastructure. Despite one-off gains and losses, telecom services posted an increase due to cost reductions, mainly in the development area. Details are shown in the following slide. A&S achieved a significant increase in both revenue and profit through steady execution of projects at hand.
Page 11, next is details of telecom services. This shows the variance from last fiscal year for the nine-month accumulated adjusted operating profit. For submarine systems, costs have increased due to schedule delays with multiple existing projects. These projects will complete during this fiscal period, and to improve quality for the overall business, we have already reviewed contract conditions and processes for new contracts and anticipate a recovery to normal profit ratio next fiscal year and onwards. Other than that, operational improvements and cost efficiency are progressing smoothly, and due to one-off gains, we see a significant upside. Next is financial forecasts for fiscal year ending March 2025. Page 13 illustrates financial forecasts for FY 2025 March. As mentioned in the beginning, we have amended our forecast. Revenue forecast has been updated by JPY 40 billion vis-à-vis our initial forecast to JPY 3,410 billion.
Adjusted operating profit is JPY 260 billion, an increase of JPY 5 billion. Non-GAAP operating profit will be amended by +JPY 25 billion to JPY 280 billion. Non-GAAP net profit will now be JPY 182 billion, an increase by JPY 17 billion. Page 14 shows changes in adjusted and non-GAAP operating profit. From a forecast of JPY 255 billion on October 29, we have now reflected a total of JPY 25 billion upside, mainly around IT services, and will increase non-GAAP operating profit to JPY 280 billion. As for non-GAAP adjusted items, adding to our Q3 accumulated JPY 12.1 billion, we have also incorporated a total of JPY 20 billion, assuming structural expenses, etc. Page 15 is a breakdown by segment. Each segment will be explained in the following pages. Page 16 is IT services. Overall IT services revenue is JPY 2,030 billion, an increase of JPY 80 billion.
Adjusted operating profit will be amended to JPY 212 billion, an increase by JPY 20 billion. Domestic IT services led by favorable public services will reflect increases in both revenue and profit gains, and amended upwards by JPY 20 billion for adjusted operating profit. International DGDF, in consideration of the weaker yen, will only change revenue. Page 17 is social infrastructure. Overall revenue is minus JPY 40 billion, amounting to JPY 1,130 billion. Adjusted operating profit will be updated to JPY 95 billion, a JPY 6 billion -. Telecom services reflects the possible risk of unable to attain targets for 5G and submarine systems. A&S takes into account progress until Q3 and reflects an increase in revenue and profit. Lastly, topics. Page 19. Today, we have decided to conduct a share split.
In order to create an easier investment environment for investors, on April 1 of this year, we will execute a share split at a ratio of five shares for one and reduce the investment unit. Page 20 is about BluStellar. BluStellar sales are accelerating, and cumulative nine-month sales have increased by 26% since the previous year and is expected to surpass the annual plan. As for respective projects, capturing demand for standardization among local governments and orders for Government Cloud operation support services have been strong. Further, orders for security operations and dashboards, starting from consultations and data-driven management scenarios modeled based on in-house use cases, have expanded. This will conclude my explanation. Thank you for your kind attention.