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Rakus (3923) investor relations material
Rakus Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved a strong start to FY2027.3, exceeding internal plans for net sales and operating profit, with a record-high operating profit margin of 33.5% due to a shift to a pure-play cloud business.
Net sales for Q1 were ¥14,210 million, up 0.9% year-over-year, with operating profit at ¥4,756 million, up 30.1%, and profit attributable to owners of parent at ¥14,631 million, up 313.6%, driven by extraordinary income from the IT Outsourcing Business transfer.
Extraordinary income of approximately ¥16,685 million was recorded from the transfer of the IT Outsourcing Business, significantly boosting profit attributable to owners of parent.
Launched new products, including "Raku Raku Business Card," and began integration with "Raku Raku Seisan."
Announced plans to make Plus Alpha Consulting an equity-method affiliate and concluded a capital and business alliance with ROBOT PAYMENT Inc.
Financial highlights
EBITDA rose 30.4% year-over-year to ¥5,166 million; operating profit increased 30.1% to ¥4,756 million.
Profit attributable to owners of parent surged 313.6% year-over-year to ¥14,631 million, driven by extraordinary income.
Operating profit margin reached a record 33.5%, up 7.5 points year-over-year, aided by reduced advertising costs.
Basic earnings per share for the quarter were ¥41.32, reflecting the stock split.
Comprehensive income for the quarter was ¥14,795 million, up 496.0% year-over-year.
Outlook and guidance
Full-year guidance for FY2027.3 remains unchanged: net sales projected at ¥59,700 million and operating profit at ¥20,500 million, reflecting an 18.2% increase year-over-year.
Profit attributable to owners of parent is forecast to nearly double to ¥25,200 million; EPS expected to rise 92.8% to ¥71.16.
Medium-Term Management Plan targets 15%+ CAGR in Cloud Business sales, "Rule of 50" (sales growth + operating margin ≥50%), and ROE (excluding one-time effects) of 30%+.
Guidance is under review to factor in capital policy impacts and potential additional shareholder return measures.
Shareholder returns policy aims for a total payout ratio of 20%+ and consecutive dividend increases.
- Cloud-led growth drove FY2024.3 profit higher; FY2025.3 guidance targets further gains.3923
Q4 2024 - Strong profit growth, Cloud Business focus, and major divestiture drive future strategy.3923
Q4 2026 - Strong profit growth, Cloud focus, and major share buyback with IT Outsourcing divestment.3923
Q3 2026 - Sales and profit surged, guidance and dividend raised, and cash reserves strengthened.3923
Q2 2026 - Sales and profits surged, with strong cloud and AI-driven growth expected to continue.3923
Q1 2026 - Sales and profit soared, guidance and dividends raised, and new cloud service introduced.3923
Q2 2025 - Operating profit more than doubled and net income nearly tripled year-over-year.3923
Q1 2025 - Record profit and double-digit growth set the stage for further expansion next year.3923
Q4 2025 - Sales up 27.7% and operating profit more than doubled, fueled by strong IT and cloud demand.3923
Q3 2025
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