Alpha Systems (4719) Q4 2025 earnings summary

Executive summary

• Net sales for FY ended March 31, 2025 rose 5.8% year-over-year to ¥38,484 million, with operating profit up 1.7% to ¥4,422 million and net profit up 5.5% to ¥3,211 million.

• Basic earnings per share increased to ¥228.76 from ¥216.91 year-over-year.

• Cash and cash equivalents at year-end decreased to ¥21,995 million from ¥25,126 million.

Financial highlights

• Gross profit increased to ¥8,916 million from ¥8,492 million year-over-year.

• Operating margin was 11.5%, and net margin was 8.3% for the year.

• Equity-to-asset ratio improved to 83.6% from 82.4% year-over-year.

• Cash flows from operating activities dropped to ¥1,568 million from ¥4,706 million year-over-year.

• Annual dividend per share was ¥125.00, including a ¥25.00 commemorative dividend.

Outlook and guidance

• FY ending March 31, 2026 forecast: net sales ¥40,000 million (+3.9% YoY), operating profit ¥4,800 million (+8.5% YoY), net profit ¥3,300 million (+2.8% YoY), EPS ¥235.06.