Forside Co (2330) investor relations material

Executive summary

• Revenue for Q1 FY2026 was ¥1,406 million, down 5.2% year-over-year due to reduced AI-related GPU server sales, despite strong performance in prize, staffing, and logistics segments.

• Gross profit increased 55% year-over-year to ¥440 million, driven by cost reductions and favorable sales mix.

• Operating profit declined 45.2% year-over-year to ¥32.9 million, and net profit attributable to shareholders dropped 37.6% to ¥34.5 million.

• The amusement market saw improved customer traffic due to inbound tourism, but cost pressures from labor and utilities persisted.

• The company focused on expanding its main prize and integrated human resources businesses.

Financial highlights

• Revenue: ¥1,406 million (94.8% of prior year Q1).

• Gross profit: ¥440 million (155% year-over-year).

• Operating profit: ¥32.9 million (54.8% year-over-year).

• Net income attributable to shareholders: ¥34.5 million (62.4% year-over-year).

• Comprehensive income for the quarter was ¥36.1 million, a 28.7% decrease year-over-year.

Outlook and guidance

• Full-year FY2026 revenue forecast: ¥5,998 million, a 31.4% decrease year-over-year.

• Full-year FY2026 operating profit forecast: ¥108 million, down 76.6% year-over-year.

• Net profit forecast for the year is ¥80 million, down 76.1% year-over-year.

• Dividend forecast remains undecided, pending future performance.