CYND (4256) Q4 2026 earnings summary

Executive summary

• Revenue for FY2026 reached ¥2,542 million, up 13.4% year-over-year, with EBITDA at ¥652 million, up 14.4% year-over-year.

• Operating income rose 39.7% year-over-year to ¥331 million, and net income increased 53.7% to ¥172 million.

• Comprehensive income matched profit attributable to owners of parent at ¥172 million, up from ¥112 million the previous year.

• Contracted stores grew 13.8% year-over-year to 23,553, with ARPU stable and customer churn rate low at 0.65%.

• Subscription revenue and ARR both showed double-digit growth, supporting recurring revenue stability.

Financial highlights

• Gross profit increased 12.0% year-over-year to ¥1,953 million, with a gross margin of 76.8%.

• EBITDA margin was 25.7%, up 0.2 points year-over-year.

• Cash and deposits at year-end totaled ¥2,214 million, up from ¥2,071 million.

• No dividends were paid for the year.

• Net cash provided by operating activities was ¥542 million.

Outlook and guidance

• FY2027 revenue is forecast at ¥3,001 million (+18.1% YoY), with EBITDA of ¥662 million (+1.4% YoY).

• Operating income is projected to rise 4.2% to ¥345 million, while net income is expected to grow 9.0% to ¥188 million.

• Basic earnings per share projected at ¥30.99 for the next fiscal year.

• Contracted stores are targeted to reach 26,500 by FY2027 year-end.

• Ongoing investments in marketing and new service foundations are expected to impact profit growth.