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NS Solutions (2327) investor relations material
NS Solutions Q4 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
FY2025 revenue reached ¥381.3 billion, up 13% year-over-year, with operating profit at ¥44.2 billion (+15%) and net profit at ¥30.8 billion (+14%).
Growth was driven by robust domestic IT demand, digital transformation, and successful business model transformation.
INFOCOM CORPORATION was acquired and consolidated, contributing to growth and business model transformation.
The company is transitioning to a TAM model, with the TAM-type revenue ratio reaching 38% and a target of 50% by FY2026.
Launched the CorePeak brand, aiming for ¥10 billion in new business in its first year.
Financial highlights
Gross profit margin improved to 26.7% (+2.5 pts YoY), supported by higher productivity and value-added projects.
SG&A expenses rose by ¥14.4 billion, mainly due to the Infocom acquisition and mid-term plan initiatives.
Infocom contributed ¥1 billion to consolidated operating profit after acquisition-related expenses.
Cash and cash equivalents decreased by ¥84.1 billion, reflecting M&A activity and tax payments; period end balance was ¥108.8 billion.
ROE increased to 11.4% from 10.9% year-over-year.
Outlook and guidance
FY2026 revenue guidance is ¥417.0 billion (+9% YoY), operating profit ¥47.5 billion (+7%), and net profit ¥31.6 billion (+2%).
Approximately 40% of FY2026 sales forecast is already covered by the order backlog.
Dividend payout ratio is maintained at 50%, with annual dividend forecast for FY2026 at 87.0 yen per share.
- Revenue and profit grew strongly, led by Infocom consolidation and broad-based segment gains.2327
Q3 202613 Jul 2026 - Record revenue and profit growth, strong DX demand, and major acquisitions drive positive outlook.2327
Q4 202513 Jul 2026 - Revenue up 13.9% YoY, full-year guidance raised after INFOCOM acquisition.2327
Q2 202613 Jul 2026 - Revenue up 7.6% year-over-year, with operating profit down and IT services boosted by acquisition.2327
Q1 202613 Jul 2026 - Record earnings, raised outlook, and strong cash position support growth and DX investments.2327
Q2 202513 Jul 2026 - Revenue and profit surged year-over-year, supported by DX demand and the TEXSOL acquisition.2327
Q3 202513 Jul 2026 - Operating profit surged 34% year-over-year, outlook raised, and DX capabilities expanded via acquisition.2327
Q1 202513 Jul 2026
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