Asahi Intelligence Service (9799) Q2 2026 earnings summary

Executive summary

• H1 FY2026 revenue rose 4.8% YoY to ¥8,117 million, operating income rose 4.8% to ¥714 million, and net income increased 15.3% to ¥539 million.

• Growth was supported by demand for DX, cloud migration, security, system renewals, and stronger orders in automotive-related manufacturing and finance/insurance; higher hiring and training costs were a partial offset.

• Full-year earnings guidance was maintained amid market uncertainty.

Financial highlights

• Revenue was ¥8,117 million (+4.8% YoY); operating income ¥714 million (+4.8%); ordinary income ¥740 million (+7.8%); and net income ¥539 million (+15.3%).

• Operating margin was 8.8%, unchanged YoY; ordinary income margin was 9.1%, up from 8.9%.

• Interim EPS was ¥34.72, versus ¥30.12 a year earlier; total assets were ¥14,876 million and net assets ¥11,983 million at September 30, 2025.

• Interim dividend was ¥16 per share; full-year dividend forecast is ¥32 per share, on a post-split basis.

Outlook and guidance

• FY2026 guidance remains unchanged: revenue ¥16,950 million (+7.1%), operating income ¥1,700 million (+7.2%), ordinary income ¥1,729 million (+7.3%), and net income ¥1,210 million (+1.7%).

• A 16th consecutive year of revenue and profit growth is targeted, with a 10.0% full-year operating margin forecast.

• The FY2026–FY2028 plan targets FY2028 revenue of ¥19,650 million, operating income of ¥1,965 million, ROE of 12.0%+, and PBR of 1.5x+; M&A contributions are excluded.

• Long-term revenue target is ¥50 billion for FY2035, supported by existing-business growth, new revenue sources, and M&A or business/capital alliances.