Ateam Holdings (3662) Q1 2026 earnings summary

Executive summary

• Q1 FY2026 revenue was ¥5,529m, down 2.6% YoY; operating income rose 20.5% to ¥270m and net income rose 128.2% to ¥295m.

• Cost reductions and a profitability-focused approach supported earnings; net income included a ¥153m gain from the Ateam Finergy share transfer.

Financial highlights

• Adjusted EBITDA was ¥287m, down 7.5% YoY and 6.2% QoQ; ordinary income rose 2.3% YoY to ¥234m.

• Operating income was ¥270m versus ¥224m YoY; parent-attributable net income was ¥295m versus ¥129m.

• The ¥153m gain on the Ateam Finergy share transfer was recorded as extraordinary income in Q1.

• Basic EPS was ¥15.89 versus ¥6.97.

Outlook and guidance

• FY2026 forecasts remain unchanged: revenue ¥24,500m, adjusted EBITDA ¥1,500m, EBITDA ¥1,300m, operating income ¥1,300m, ordinary income ¥900m and net income ¥600m.

• FY2026 annual dividend forecast is ¥28/share, up from ¥22; semiannual payments are planned.

• Q1 segment results progressed in line with forecasts revised Sept. 5, 2025; no forecast changes were made.