Alpha Systems (4719) Q4 2026 earnings summary

Executive summary

• FY26 revenue rose 5.8% YoY to ¥40,722m; operating income increased 11.8% to ¥4,945m and net income grew 16.8% to ¥3,750m, exceeding forecasts.

• Growth-engine fields increased 24.5% to ¥12,240m; financial systems, information communications and embedded systems drove expansion.

• Software development-related business generated ¥39,477m in external sales and ¥4,711m in segment profit, accounting for over 90% of total sales and profits.

Financial highlights

• Gross profit increased to ¥9,436m from ¥8,916m; ordinary profit reached ¥5,111m, up 12.5% YoY.

• Revenue, operating income and net income achieved 101.8%, 103.0% and 113.6% of forecasts, respectively.

• Cost of sales rose ¥1,718m YoY to ¥31,286m as staffing and base-pay costs increased; SG&A was ¥4,491m, down ¥2m.

Outlook and guidance

• FY27 revenue is forecast at ¥42,500m, up 4.4%; operating income at ¥5,100m, up 3.1%; and net income at ¥3,650m, down 2.7%.

• FY27 core three-field revenue is forecast at ¥24,400m, down 0.3%; growth-engine fields at ¥13,700m, up 11.9%.

• Strong domestic DX demand is expected to continue; priorities include reliable project execution and strengthening development capacity.