COMSYS (1721) Q1 2026 earnings summary

Executive summary

• Net sales for the quarter ended June 30, 2025, increased by 2.5% year-over-year to ¥128.2 billion, with operating profit up 7.6% to ¥7.6 billion and net profit attributable to owners rising 26.5% to ¥5.7 billion.

• Orders received declined 3.7% year-over-year, mainly due to lower demand in outdoor communication equipment, but contract backlogs grew 4.9% to ¥308.0 billion.

• The group is advancing its 2030 Vision, focusing on multi-skilling engineers and optimizing resource placement.

Financial highlights

• Operating profit increased by ¥538 million year-over-year to ¥7,639 million; ordinary profit rose by ¥573 million to ¥8,301 million.

• Profit attributable to owners of parent grew by ¥1,214 million to ¥5,793 million, a 26.5% year-over-year increase.

• Comprehensive income reached ¥6,442 million, up 63.3% year-over-year.

• Earnings per share increased to ¥49.32 from ¥38.36 year-over-year.

• Gross profit margin improved by 0.3 percentage points to 13.5% year-over-year.

Outlook and guidance

• Full-year forecast for FY ending March 31, 2026 remains unchanged: net sales ¥620,000 million, operating profit ¥45,000 million, profit attributable to owners of parent ¥31,000 million.

• Annual dividend forecast raised to ¥120 per share, up from ¥115 in the previous year.

• Progress rates toward full-year targets: net sales at 20.7%, operating profit at 17.0%, and net profit at 18.7%.

• Management cautions that forward-looking statements are subject to risks including economic changes, demand trends, and competitive pricing pressures.