Cyber Security Cloud (4493) Q4 2025 earnings summary

Executive summary

• Net sales for FY2025 reached ¥5,084 million, up 31.8% year-over-year, with operating profit at ¥1,102 million, up 42.5% year-over-year, both exceeding targets set in 2021.

• Net income attributable to owners of the parent grew 42.9% year-over-year to ¥821 million.

• Achieved No.1 domestic market share in both cloud-based WAF and WAF managed monitoring services in Japan.

• Expanded adoption of CloudFastener, especially among listed companies, and increased cross-selling with other products.

• Comprehensive income increased to ¥822 million from ¥577 million year-over-year.

Financial highlights

• Annual Recurring Revenue (ARR) rose 22.0% year-over-year to ¥4,997 million, with overseas ARR ratio surpassing 10% for the first time.

• Gross profit increased 32.3% year-over-year to ¥3,333 million; operating margin improved by 1.5 points to 21.6%.

• EPS rose to ¥81.84 from ¥62.36 year-over-year.

• Cash and cash equivalents at year-end increased to ¥3,983 million, up from ¥1,667 million the prior year.

• Stock revenue continued to rise, and other revenue reached a record high, supported by vulnerability assessments and commissioned projects.

Outlook and guidance

• FY2026 forecast targets ¥6.0 billion in net sales (+18.0% YoY) and ¥1.2 billion in operating profit (+8.8% YoY), as the first year of a new mid-term plan toward FY2030.

• By FY2030, aims for ¥20.0 billion in net sales, ¥4.0 billion in operating profit, and a 20% operating margin.

• Dividend forecast for FY2026 is ¥6.00 per share, up from ¥5.00 in FY2025.

• Growth strategy assumes organic expansion, with M&A as an upside factor.