ATLED (3969) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 FY2025 rose 13.9% year-over-year to ¥2,064 million, driven by strong cloud service and workflow software demand.

• Operating profit remained flat at ¥753 million, as increased costs offset higher sales.

• Net income slightly decreased by 0.9% year-over-year to ¥500 million.

• Growth was achieved despite economic uncertainties.

Financial highlights

• Cloud service revenue grew 26.2% year-over-year, reflecting a shift from package to cloud.

• Gross profit for the period was ¥1,373 million, up from ¥1,294 million year-over-year.

• Stock revenue ratio remains high, exceeding 80%, supporting a stable business model.

• Operating margin declined due to increased cloud infrastructure costs but remained stable overall.

• Net income per share for the period was ¥66.91.

Outlook and guidance

• Full-year revenue forecast for FY2025 is ¥2,800 million, up 11.9% year-over-year.

• Operating profit for the year is projected at ¥1,170 million, up 11.4% year-over-year.

• Net income for the full year is projected at ¥1,170 million, with EPS of ¥104.71.

• Focus remains on accelerating cloud shift and SaaS transformation.

• No changes have been made to previously announced guidance.