CNS Co (4076) Q1 2026 earnings summary

Executive summary

• Q1 FY2026 revenue was ¥1,874 million, up 14.0% YoY; operating profit rose 128.7% to ¥182 million and net income attributable to owners rose 181.6% to ¥154 million.

• All three segments grew in revenue and gross profit, supported by new-customer expansion, AI projects and new service contracts.

• Mid-term plan targets ¥10 billion in sales and an operating margin above 10% by FY2030.

Financial highlights

• Gross profit was ¥488 million, up 29.1% YoY; consolidated operating margin rose to 9.7% from 4.8%.

• Q1 EPS was ¥53.27 versus ¥18.92 a year earlier.

• Total assets were ¥5,171 million at quarter-end, down ¥88 million from the previous year-end; net assets were ¥3,896 million, down ¥63 million, mainly due to dividend payments.

Outlook and guidance

• FY2026 guidance remains unchanged: revenue ¥8,253 million (+17.8%), gross profit ¥1,905 million (+11.6%), operating profit ¥557 million (+0.3%) and net income ¥427 million (flat YoY).

• Forecast EPS is ¥147.08 versus ¥147.06 in FY2025; forecast operating margin is 6.7% versus 7.9%.

• Priorities include growing ServiceNow, U-Way and ERP sales while investing in organizational and sales capabilities; headquarters relocation preparations are progressing as planned.