Comture (3844) Q4 2025 earnings summary

Executive summary

• Achieved record highs in sales and earnings for FY ended March 31, 2025, marking 15 consecutive years of sales growth and 14 years of earnings growth.

• Net sales rose 6.3% YoY to ¥36,341 million, driven by strong demand in digital-related businesses and increased sales activities with platform and tool vendors.

• Profitability improved both year-over-year and quarter-over-quarter in 4Q FY3/25.

• Employee engagement initiatives, including salary increases and enhanced training, led to a 3.1 percentage point improvement in attrition rate to 5.5%.

• The company continues to prioritize recruitment and retention of engineers, with significant new graduate hiring and expanded training programs.

Financial highlights

• Net sales rose 6.3% YoY to ¥36,341 million; operating profit up 0.7% YoY to ¥4,630 million; profit attributable to owners up 0.8% YoY to ¥3,160 million.

• EBITDA grew 0.7% YoY to ¥5,137 million; EPS up 0.8% YoY to ¥99.12.

• Gross profit increased 4.9% YoY to ¥8,235 million, despite higher personnel and training costs.

• 4Q FY3/25 net sales up 6.8% YoY and 4.5% QoQ; operating profit up 4.1% YoY and 11.1% QoQ.

• Total assets grew to ¥25,611 million, up ¥2,168 million from the previous year; net assets rose to ¥18,468 million.

Outlook and guidance

• FY3/26 forecast: net sales ¥40,000 million (+10.1% YoY), operating profit ¥5,000 million (+8.0% YoY), profit attributable to owners ¥3,325 million (+5.2% YoY).

• EBITDA projected at ¥5,813 million (+13.2% YoY); dividend per share to rise to ¥50.00.

• Medium-term plan targets ¥51,000 million net sales and ¥6,600 million operating profit by FY3/28, with average annual growth of 10% or more.

• Strategic focus includes expanding digital-related sales to 80%, leveraging M&A, and strengthening AI and digital transformation services.

• The company targets an operating margin of 12.9% by FY2028.