Asteria (3853) Q4 2025 earnings summary

Executive summary

• Achieved record software business revenues of 3.17 billion yen, up 9% year-over-year, driven by strong performance in core products and subscription-based services.

• Operating profit reached 781 million yen, reversing a prior year loss and marking an all-time high for the software segment.

• Net profit attributable to owners of parent was 589 million yen, a significant rebound from the prior year's loss.

• Year-end dividend was raised to 8.00 yen per share, following a previous upward revision.

• Business structure reform completed, focusing on software and divesting non-core assets, including the discontinued design business.

Financial highlights

• Revenue increased 9% year-over-year to 3.17 billion yen, with Warp product revenue exceeding 2.7 billion yen.

• Adjusted EBITDA grew 22.1% year-over-year to 1.03 billion yen, with an EBITDA margin of 33%.

• Gross profit rose 7.5% year-over-year to 2.83 billion yen, with a margin of 89%.

• Recurring revenue ratio remained high at 74.5%.

• Dividend payout ratio was 22.8%.

Outlook and guidance

• FY2025 revenue forecast is 3.5 billion yen (+10.4% YoY), with operating profit forecast at 850 million yen (+8.8% YoY).

• Growth expected from continued demand for data integration, cloud migration, and digital transformation trends.

• Ongoing investment in personnel, product development, and marketing to strengthen the software business.