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System D (3804) investor relations material
System D Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue grew 11.5% year-over-year to ¥4,176 million for Q3 FY2026, with operating profit up 1.9% to ¥706 million and ordinary/recurring profit up 2.0% to ¥712–713 million.
Net income attributable to shareholders declined 9.3% year-over-year to ¥443–444 million, despite higher sales and operating profit.
Growth was driven by large-scale project launches, expansion in cloud services, and strong performance in education, public sector, and wellness solutions.
Focus on developing next-generation products and AI services to strengthen long-term growth foundations.
Major system launches and AI service pilots in education and compliance sectors.
Financial highlights
Gross profit rose to ¥1,757 million, up 10.3% year-over-year.
EPS for the period was ¥23.06, down from ¥25.46 year-over-year (adjusted for a 3-for-1 stock split).
Comprehensive income was ¥484 million, down 4.9% year-over-year.
Total assets increased to ¥7,619 million, with net assets at ¥5,319–5,320 million and equity ratio at 69.8%.
Ordinary profit was ¥712 million, up 2.0% year-over-year.
Outlook and guidance
Full-year revenue forecast is ¥5,541 million (+10.1% YoY), operating profit ¥1,028 million (+9.6%), and net income ¥703 million (+12.0%).
No change to previously announced guidance.
Full-year EPS forecast is ¥36.54 (adjusted for stock split).
- Revenue up 8.2% YoY, profit above plan, with strong cloud growth and a 3-for-1 stock split.3804
Q2 2026 - Q1 FY2026 saw higher revenue and profit, strong margins, and increased dividends.3804
Q1 2026 - Achieved record sales and profits, with double-digit growth and higher dividends forecast.3804
Q4 2025 - Revenue and profit surged, with higher dividend and strong cloud-driven growth.3804
Q3 2025 - Core software and cloud businesses grew despite lower sales, with strong cash flow and stable outlook.3804
Q2 2024 - Recurring revenue and cloud services grew, but overall profit and sales declined year-over-year.3804
Q3 2024 - Recurring revenue and cloud services grew, but overall profit and sales declined year-over-year.3804
Q4 2024 - Revenue and profit surged year-over-year, with higher dividends and strong cloud growth.3804
Q1 2025 - Revenue and profit surged on robust cloud and public sector demand.3804
Q2 2025
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