AMIYA (4258) Q4 2025 earnings summary

Executive summary

• Achieved five consecutive years of revenue and profit growth since listing, with FY2025 revenue up 24.5% to ¥5,936 million and profits nearly doubling year-over-year.

• Operating profit reached ¥1,051 million, up 99.8% year-over-year; net income attributable to shareholders rose 95.3% to ¥751 million.

• Both data security and network security segments posted robust growth, with improved profitability and increased subscription sales.

• Transitioned from declining sales due to subscription shift to accumulating profits, with ARR up 29% year-over-year.

• Initiated new dividend policy, expanded shareholder benefits, and completed acquisition of 80% of AS Network Security.

Financial highlights

• FY2025 revenue: ¥5,936 million, up 24.5% year-over-year; operating profit: ¥1,051 million, up 99.8%.

• Net income: ¥751 million, up 95.3% year-over-year; EPS rose from 46.69 to 90.84.

• Operating margin improved to 17.7% from 11.0%; net margin rose to 12.7% from 8.1%.

• Cash and deposits increased 27% year-over-year to ¥4,549 million; total assets rose to ¥6,940 million.

• EBITDA for FY2025 reached ¥1,152 million.

Outlook and guidance

• FY2026–2028 targets: triple operating profit, double revenue, and reach ARR of ¥8 billion.

• FY2026 forecast: revenue to grow 18.0% to ¥7,002 million, operating income up 14.1% to ¥1,200 million, net income up 13.2% to ¥850 million.

• Aggressive investment in SASE and SIEM product development, R&D, and sales expansion.

• Plans to expand security BPO services and increase security personnel by 160% by FY2028.

• Pursuing M&A and partnerships to strengthen position as a comprehensive security provider.