Fukui Computer (9790) Q1 2027 earnings summary

Executive summary

• Achieved record-high quarterly revenue, operating income, ordinary income, and net income for Q1 FY2026 compared to the same quarter last year.

• Revenue grew 3.3% year-over-year to ¥4,084 million, with operating income up 1.8% to ¥1,707 million and net income up 4.5% to ¥1,199 million.

• Comprehensive income increased 9.9% year-over-year to ¥1,425 million.

• Annual recurring revenue (ARR) increased 12.5% year-over-year, and average revenue per account (ARPA) rose 12.0%.

Financial highlights

• Revenue: ¥4,084 million (+3.3% YoY); Operating income: ¥1,707 million (+1.8% YoY); Net income: ¥1,199 million (+4.5% YoY).

• Gross profit increased to ¥3,394 million from ¥3,150 million year-over-year.

• Basic earnings per share rose to ¥57.99 from ¥55.49 year-over-year.

• Shareholders' equity ratio improved to 83.9% as of June 30, 2026.

• ARR: ¥2,376 million (+12.5% YoY); ARPA: 6.5 (+12.0% YoY); Churn rate stable at 5.3%.

Outlook and guidance

• FY2026 full-year forecast: Revenue ¥16,643 million, operating income ¥6,895 million, net income ¥4,539 million.

• Guidance exceeds mid-term management plan targets.

• Dividend forecast for fiscal year ending March 31, 2027 is ¥77.00 per share.

• Focus on expanding high-value services, AI and cloud-based product development, and recurring business growth.