Broadleaf (3673) Q3 2026 earnings summary

Executive summary

• 9M FY2026 revenue rose 7.0% YoY to ¥16,297m; operating profit increased 57.1% to ¥2,344m, and attributable profit rose 69.8% to ¥1,481m.

• Cloud migration supported growth and profitability, while unclosed SALES GO contracts, security-related rollout adjustments and higher costs prompted a revised FY2026 forecast.

Financial highlights

• 9M gross profit reached ¥11,180m, up 13.4% YoY; SG&A and other expenses rose 5.6% to ¥8,836m.

• Profit before tax increased 72.1% to ¥2,239m; total comprehensive income was ¥1,522m versus ¥888m a year earlier.

• Operating profit margin was 14.4%, versus 9.8% a year earlier.

Outlook and guidance

• Revised FY2026 forecast: revenue ¥22,500m (+8.1%), operating profit ¥3,500m (+69.7%), profit before tax ¥3,400m (+83.4%) and attributable profit ¥2,300m (+85.4%); revenue and operating profit guidance each fell ¥1,300m from prior guidance.

• Forecast basic EPS is ¥12.71; reported EPS figures reflect the 2-for-1 stock split effective July 1, 2026.

• Cloud services forecast was cut ¥900m to ¥14,700m; packaged systems fell ¥100m and Others ¥300m, mainly reflecting lower hardware sales.

• Year-end dividend forecast remains ¥4.00 per share post-split.