BIPROGY (8056) Q1 2026 earnings summary

Executive summary

• Q1 FY March 2026 revenue rose 9.6% YoY to ¥96,844 million, while operating profit grew 30.3% to ¥8,569 million.

• Adjusted operating profit increased 23.9% to ¥7,841 million; profit attributable to owners of parent rose 19.1% to ¥5,827 million.

• Orders rose 7.6% to ¥95.3B; backlog scheduled for revenue in FY March 2026 increased 6.1% to ¥137.6B.

Financial highlights

• Gross profit increased 9.9% YoY to ¥23,788 million; SG&A rose 4.2% to ¥15.9B, driven by personnel and business-expansion costs and remaining within plan.

• Revenue growth included ¥4.1B from services and ¥4.4B from product sales.

• Basic EPS increased to ¥59.42 from ¥48.66 YoY.

• Cash and cash equivalents were ¥68,743 million at quarter-end, up ¥3,942 million from the prior year-end; operating cash flow was ¥21,702 million.

Outlook and guidance

• FY March 2026 forecasts unchanged: revenue ¥420.0B, operating profit ¥42.6B, adjusted operating profit ¥42.0B and parent-attributable profit ¥29.0B.

• Full-year forecasts imply operating and adjusted operating margins of 10.1% and 10.0%; Q1 progress was described as on track.

• Full-year basic EPS is forecast at ¥298.66.