Cube System (2335) Q4 2026 earnings summary

Executive summary

• IT investment demand remained strong, driven by DX promotion, cloud migration, and cybersecurity needs.

• Net sales rose 0.8% year-over-year to ¥18,498 million for the fiscal year ended March 31, 2026.

• Operating profit increased 12.9% year-over-year to ¥1,558 million.

• Profit attributable to owners of parent grew 24.0% year-over-year to ¥1,564 million.

• Comprehensive income declined 30.9% year-over-year to ¥1,051 million due to negative other comprehensive income.

Financial highlights

• Gross profit improved to ¥4,296 million from ¥3,947 million year-over-year.

• Operating margin increased to 8.4% from 7.5% year-over-year.

• Net assets rose to ¥11,404 million, with an equity ratio of 76.5%.

• Cash and cash equivalents at year-end were ¥6,826 million, up from ¥6,213 million.

• Earnings per share for FY March 2026 was ¥103.37.

Outlook and guidance

• Fiscal year ending March 31, 2027 guidance: net sales ¥20,000 million (+8.1% YoY), operating profit ¥1,800 million (+15.5% YoY), profit attributable to owners of parent ¥1,500 million (-4.1% YoY).

• Operating margin expected to rise to 9.0%.

• Forecasted annual dividend per share for FY2027 is ¥46.00.

• Focus on expanding project scale, acquiring new projects, and commercializing in-house solutions.