Bengo4.com (6027) Q1 2026 earnings summary

Executive summary

• Net sales increased 15.3% year-over-year to 3,802 million yen, with EBITDA up 49.5% and operating profit up 80.9% YoY, exceeding Q1 budget targets.

• Profit attributable to owners of parent rose 75.2% YoY to 321 million yen.

• Company applied to change its market segment to the TSE Prime Market to support medium- to long-term growth and corporate value.

• Company-wide ARR reached 12.77 billion yen, with CloudSign ARR growing 29.6% YoY.

• Launch of LegalBrain Agent, an AI legal affairs tool, supported efficiency for legal professionals.

Financial highlights

• Gross profit rose 18.4% YoY to 3,003 million yen; operating profit margin improved to 13.4% from 8.6% YoY.

• Ordinary profit increased 74.7% YoY to 513 million yen; net profit rose 75.2% YoY to 321 million yen.

• SGA expenses grew 10.6% YoY, but at a slower rate than sales, supporting improved profitability.

• Basic earnings per share rose to 14.22 yen from 8.23 yen YoY.

• Equity ratio improved to 50.5% from 47.6% at the previous fiscal year-end.

Outlook and guidance

• Q1 sales progress at 23.6% of the annual forecast (16.1 billion yen), exceeding plan.

• Operating profit for Q1 reached 25.5% of the full-year forecast (2 billion yen).

• Full-year forecast for FY ending March 31, 2026 remains unchanged: net sales 16,100 million yen (+14.4% YoY), EBITDA 3,000 million yen (+38.3%), operating profit 2,000 million yen (+43.9%), and profit attributable to owners of parent 1,200 million yen (+14.3%).

• No dividend is planned for the fiscal year.

• Continued focus on balancing upfront investments for growth with productivity improvements.