Asahi Intelligence Service (9799) Q2 2025 earnings summary

Executive summary

• H1 FY3/25 revenue rose 7.7% YoY to ¥7,743m and operating income increased 14.4% to ¥681m, supported by DX demand, legacy-system renewals, and strength in automotive and mobile communications.

• Results exceeded the initial H1 forecast: revenue by 2.4%, operating income by 4.7%, and ordinary income by 3.2%.

• Recruitment and engineer training were strengthened, alongside wage improvements.

Financial highlights

• Revenue was ¥7,743m (+7.7% YoY), operating income ¥681m (+14.4%), ordinary income ¥687m (+12.8%), and interim net income ¥468m (+12.9%).

• Operating margin rose to 8.8% from 8.3%; ordinary profit margin rose to 8.9% from 8.5%.

• H1 EPS was ¥30.12, presented on a post-split basis.

• Total assets were ¥13,964m and net assets ¥11,165m; net assets increased ¥199m from the prior fiscal year-end, mainly through profit accumulation.

Outlook and guidance

• FY3/25 guidance is unchanged: revenue ¥15,550m (+5.2%), operating income ¥1,535m (+7.5%), ordinary income ¥1,563m (+7.3%), and net income ¥1,077m (+0.5%).

• Full-year operating margin is forecast at 9.9% and ordinary profit margin at 10.1%; the plan targets a 15th consecutive year of revenue and profit growth.

• Mid-term plan targets of ¥15,550m revenue and ¥1,535m operating income were raised after the initial plan was achieved in FY3/24.