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Miroku Jyoho Service (9928) investor relations material

Miroku Jyoho Service Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary31 Jul, 2025

Executive summary

  • Net sales rose 3.7% year-over-year to 11,568 million yen, driven by strong ERP product sales and growth in subscription-based services.

  • Operating profit declined 9.4% year-over-year to 1,244 million yen due to higher personnel and purchasing costs.

  • Profit attributable to owners of parent fell 20.0% year-over-year to 895 million yen.

  • Service revenues increased 11.6% year-over-year, while system installation contract sales decreased 1.7%.

  • The company continues to shift toward a cloud subscription-based business model and invest in digital transformation initiatives.

Financial highlights

  • Gross profit was 6,820 million yen, nearly flat year-over-year.

  • Selling, general and administrative expenses increased by 540 million yen compared to the same period last year.

  • Basic earnings per share for the quarter were 29.91 yen, down from 37.40 yen a year earlier.

  • Total assets at quarter-end were 44,482 million yen, down 848 million yen from the previous fiscal year-end.

  • Net assets decreased to 28,931 million yen, mainly due to dividend payments.

Outlook and guidance

  • Full-year net sales forecast remains at 49,000 million yen, up 6.2% year-over-year.

  • Operating profit for the fiscal year is projected at 6,700 million yen, up 6.6% year-over-year.

  • Profit attributable to owners of parent is forecast at 4,900 million yen, up 11.8% year-over-year.

  • No changes to previously announced earnings or dividend forecasts.

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Frequently asked questions

Miroku Jyoho Service Co., Ltd. is a Japanese company specializing in the development and provision of enterprise software and IT solutions. The company focuses on offering systems for accounting, taxation, and business management, primarily targeting small and medium-sized enterprises (SMEs) and professional service firms. Its services include software development, cloud-based solutions, and IT consulting. The company is headquartered in Tokyo, Japan, and its shares are listed on the Tokyo Stock Exchange.

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