Asteria (3853) Q2 2027 earnings summary

Executive summary

• H1 FY2027 revenue rose 10.1% YoY to ¥1,770M; operating profit reached ¥2,108M, mainly reflecting SpaceX share-sale and valuation gains.

• Net profit attributable to owners rose 260.0% YoY to ¥1,506M; recurring subscription revenue remained above 80% of Software Business revenue.

Financial highlights

• Revenue was ¥1,770M, up 10.1% YoY; gross profit was ¥1,516M and gross margin was 85.7%.

• Operating profit was ¥2,108M, up 302.6%; profit before tax was ¥2,106M, up 347.8%.

• Net profit was ¥1,680M, up 290.9%; net profit attributable to owners was ¥1,506M, up 260.0%.

• SG&A rose to ¥1,377M from ¥1,080M, with marketing up 118.1%, outsourcing up 37.7% and R&D up 32.3%.

Outlook and guidance

• FY2027 forecast remained unchanged: revenue of ¥3,700M, up 9.2% YoY, and operating profit of ¥1,500M, up 46.4%.

• FY2027 year-end dividend forecast rose from ¥10 to ¥11 per share, marking a fourth consecutive quarterly increase.