Extreme (6033) Q4 2026 earnings summary

Executive summary

• FY25 revenue rose 4.1% to ¥11,796m; operating income fell 5.1% to ¥1,439m, while net income attributable to owners of the parent increased 4.2% to ¥1,177m.

• Digital Talent and Contract Development expanded; lower Content Property revenue and profit weighed on consolidated operating income.

• FY26 revenue guidance is ¥13,000m, up 10.2%, with operating income forecast at ¥1,300m, down 9.7%, amid planned hiring and capacity investment.

Financial highlights

• FY25 gross profit was ¥3,581m; recurring profit was ¥1,669m, up 0.3% YoY. Gross margin improved slightly, while higher SG&A costs contributed to lower operating margin.

• Q4 revenue was ¥3,159m, up 5.6% QoQ; operating income was ¥374m, down 6.2%, and net income was ¥373m, up 8.0%.

• Cash and equivalents reached ¥4,538m, up ¥489m YoY; total assets were ¥9,441m and net assets ¥7,235m at March 2026-end.

• FY25 EPS was ¥220.00, versus ¥208.89; operating margin was 12.2%, down from 13.4%.

Outlook and guidance

• FY26 revenue is forecast at ¥13,000m, operating income at ¥1,300m, recurring profit at ¥1,400m and net income at ¥920m; EPS guidance is ¥171.81.

• FY26 segment revenue targets: Digital Talent ¥8,300m, up 14.7%; Contract Development ¥4,200m, up 12.2%; Content Property ¥500m, down 46.0%.

• Profit is expected to decline as high-margin Content Property revenue falls; investment in technical hiring and Contract Development capacity is planned.