Cyber Security Cloud (4493) Q2 2025 earnings summary

Executive summary

• Revenue for FY2025 2Q rose 31.2% year-over-year to ¥2.4 billion, driven by strong growth in WafCharm, CloudFastener, and DataSign contributions.

• Operating profit declined 2.6% year-over-year to ¥476 million due to a one-time project in the prior year; excluding this, operating profit grew 35.6%.

• Net income attributable to owners fell 16.5% year-over-year to ¥311 million.

• Comprehensive income for the period was ¥307 million, down from ¥375 million in the prior year.

Financial highlights

• Gross profit increased 21.1% year-over-year to ¥1.56 billion.

• Operating income margin decreased by 6.8 points to 19.7%.

• Ordinary income dropped 22.0% year-over-year to ¥428 million.

• Cash and cash equivalents at period end rose to ¥3.39 billion, up from ¥1.67 billion a year earlier.

• Diluted earnings per share for the period were ¥31.42, compared to ¥39.52 a year earlier.

Outlook and guidance

• FY2025 full-year revenue forecast is ¥5.0 billion, with 48.4% of the target achieved by 2Q.

• Operating income target for FY2025 is ¥1.0 billion, with 47.7% achieved by 2Q.

• Profit attributable to owners of parent is forecast at ¥693 million, up 20.1% year-over-year, with EPS of ¥75.42.

• Strategic focus on expanding cross-selling, global expansion, and increasing overseas sales ratio to 10%.

• Annual dividend forecast is ¥5.00 per share.