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HIMACS (4299) investor relations material
HIMACS Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 FY2027 revenue rose 15.0% YoY to ¥5,124m; operating income was ¥232m, down 1.2%, and net income fell 7.0% to ¥149m as growth investments increased costs.
Gross profit increased 19.1% to ¥1,049m, lifting gross margin to 20.5% from 19.8%.
Core Soft was newly consolidated, supporting business scale and end-user revenue growth.
Financial highlights
Operating expenses rose 26.5% to ¥817m; operating margin was 4.5% versus 5.3% a year earlier.
Ordinary income was ¥234m, down 1.3%; basic EPS rose to ¥14.33 from ¥13.85.
Comprehensive income increased 5.4% to ¥159m; total assets were ¥13,564m and equity-to-asset ratio was 79.8% at June 30, 2026.
Outlook and guidance
FY2027 guidance: revenue ¥20,000m, up 9.8%; operating income ¥1,200m, down 23.2%; ordinary income ¥1,220m, down 22.9%; net income ¥780m, down 31.6%.
Forecast EPS is ¥74.51; annual dividend is ¥51 per share, including a ¥5 commemorative dividend, versus ¥46 in FY2026; forecasts were unchanged.
Re: Growth2028 targets FY2029 revenue of ¥22.3bn, 7% operating margin, ¥1.8bn EBITDA, 9% ROE, and 36% end-user revenue mix.
The three-year plan prioritizes stable integration growth, new solutions, AI-led development and commercialization, and ~¥5bn in growth investment.
- H1 revenue grew, while profit fell; FY guidance remains unchanged.4299
Q2 2027 - Delayed project starts cut Q1 profit, but FY guidance rose on productivity and pricing gains.4299
Q1 2024 - Financial DX growth lifted FY2025 results; FY2026 guidance pairs sales growth with nearly flat operating profit.4299
Q4 2024 - Q1 revenue was nearly flat, profits rose, and backlog grew 15.3% YoY.4299
Q1 2025 - H1 profit rose 14.3% as DX backlog grew 29.8%; FY sales guidance was +7.2%.4299
Q2 2025 - DX demand drove FY2025 growth; FY2026 sales are forecast higher as margins ease.4299
Q4 2025 - Profit growth and a 25.0% backlog increase support maintained FY2025 guidance.4299
Q3 2025 - Q1 sales rose 2.9% on end-user and DX demand, while operating profit fell 22%.4299
Q1 2026 - Sales rose 1.5%, but higher costs drove a 15.2% decline in H1 operating profit.4299
Q2 2026 - Revenue edged up, but costs cut profit as an AI- and investment-led growth phase begins.4299
Q4 2026
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