GVA TECH (298A) Q2 2026 earnings summary

Executive summary

• SaaS business and AI-powered legal tech services drove record performance, with 2Q revenue reaching ¥420 million, up 7.7% YoY, and first-half revenue at ¥820.5 million, up 9.7% YoY.

• LegalTech SaaS segment led growth, with revenue up 23.1% YoY and gross margin improving to 64.4%.

• ARR and average customer unit price hit all-time highs, supported by new product launches and expanded service offerings.

• Legal automation (AX) initiatives advanced, including new AI consulting and document creation services.

• Continued investment in product development, partnerships, and market expansion, including labor and back-office automation.

Financial highlights

• 2Q cumulative revenue was ¥820.5 million (+9.7% YoY); LegalTech SaaS revenue was ¥491 million (+23.8%), registry business declined to ¥329 million (-6.2%).

• Gross profit margin improved by 2.5 points YoY to 63.7%, with gross profit at ¥522.7 million (+14.3% YoY).

• Operating loss narrowed to ¥123.2 million, a ¥24 million improvement YoY; net loss was ¥137.6 million, improved from ¥152.5 million YoY.

• LegalTech SaaS subscription revenue ratio remained above 90%, ensuring stable recurring income.

• Cash and equivalents at period end: ¥206.8 million, down ¥283.1 million from prior year-end.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥2,096 million (+41.3% YoY), with net profit expected to reach ¥2 million.

• LegalTech SaaS expansion and cost control are expected to drive margin improvement and profitability from 3Q onward.

• New AI-driven solutions and broader service domains are planned to accelerate growth.

• Company manages performance on an annual basis; no change to previously announced guidance.