CNS Co (4076) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended February 2025 increased 4.1% year-over-year to ¥5,186 million, driven by growth in digital transformation and big data analytics projects.

• Operating income declined 17.9% year-over-year to ¥420 million due to higher personnel and outsourcing costs, despite reduced advertising expenses.

• Net income attributable to shareholders fell 14.5% year-over-year to ¥299 million, impacted by wage increases and changes in cost structure.

Financial highlights

• Gross profit rose to ¥1,258 million from ¥1,240 million year-over-year, but operating margin contracted due to increased SG&A expenses.

• EPS for the period was ¥103.09, down from ¥120.63 in the prior year.

• Total assets stood at ¥4,946 million, with net assets at ¥3,832 million and an equity ratio of 77.5%.

Outlook and guidance

• Full-year revenue is forecast at ¥7,562 million, up 13.6% year-over-year, with operating income projected at ¥660 million (+6.6%).

• Net income for the full year is expected to reach ¥489 million (+6.2%), with EPS of ¥168.56.

• No changes have been made to previously announced guidance.