Logizard Co
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Logizard Co (4391) investor relations material

Logizard Co Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary13 Feb, 2026

Executive summary

  • Revenue for the six months ended December 31, 2025, increased 4.6% year-over-year to ¥1,157 million, while operating profit fell 33.4% to ¥174 million and net profit dropped 35.7% to ¥125 million, tracking close to plan.

  • Achieved record-high Monthly Recurring Revenue (MRR) of ¥159 million, up 10.3% year-over-year, with strong progress toward annual targets.

  • Significant investments in personnel and security led to higher costs, impacting profit margins.

  • The company is in the first year of its new mid-term plan, focusing on high-touch services, customer-centric strategies, B2B initiatives, and organizational reform.

Financial highlights

  • Cloud service revenue grew 8.5% year-over-year to ¥921 million, now 79.6% of total sales, driven by new customer acquisitions.

  • Operating profit margin declined to 15.1% from 23.7% year-over-year due to increased SG&A and R&D expenses.

  • Cash and cash equivalents at period-end were ¥1,590 million, down from ¥1,707 million at the previous year-end.

  • Total assets stood at ¥2,573 million, with net assets at ¥2,275 million and an equity ratio of 88.4%.

  • Gross margin for cloud services recovered to 65.7% after a temporary dip from new hires.

Outlook and guidance

  • On track to achieve full-year targets: revenue ¥2,439 million, operating profit ¥355 million, net profit ¥258 million.

  • Full-year revenue is forecast at ¥2,439 million, up 12.1% year-over-year, with net profit projected at ¥258 million, up 8.6%.

  • 2028 targets: revenue ¥3,110 million (+43% vs. 2025), operating profit ¥530 million (+31.8%), MRR ¥209 million (+40.5%).

  • No changes have been made to the previously announced full-year guidance.

  • Continued focus on BtoB market expansion and new service launches.

Operating profit decline drivers
Outlook for large projects in non-cloud services
Basis for unchanged full-year profit forecast
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