Global Security Experts (4417) Q4 2026 earnings summary

Executive summary

• Achieved record-high revenue and profit for the fiscal year ended March 2026, with revenue reaching ¥11,022 million, up 25.2% year-over-year, and all service lines growing.

• Operating profit increased 38.6% to ¥2,238 million, and net income attributable to shareholders rose 47.2% to ¥1,486 million, both record highs.

• Growth was driven by strong demand for cybersecurity, education, and human resource services, especially amid rising AI-related security needs.

• AI integration across all business segments enhanced productivity, service offerings, and market reach.

• The company operates a single segment focused on cybersecurity services and education, targeting mid-sized and smaller enterprises.

Financial highlights

• Revenue rose 25.2% year-over-year to ¥11,022 million, and operating profit increased 38.6% to ¥2,238 million.

• Net income grew 47.2% year-over-year to ¥1,486 million; EPS reached ¥98.85, up from ¥67.24.

• Operating margin improved by 2.0 points to 20.3%, and gross profit margin rose to 36.2%.

• Gross profit was ¥7,026 million, with a net margin of 13.5%.

• Cash and deposits at year-end totaled ¥1,644 million, with a 44.2% equity ratio.

Outlook and guidance

• FY2027 revenue forecasted to grow 25% to ¥13,778 million, with operating profit up 31.3% to ¥2,939 million.

• Operating margin targeted at 21.3%, and net income expected to rise 34.4% to ¥1,998 million.

• EPS projected at ¥132.74; dividend payout ratio to increase to 37.0%.

• The company expects continued strong demand for cybersecurity services and education, especially among mid-sized and smaller firms.