HIMACS (4299) Q4 2025 earnings summary

Executive summary

• FY2025 revenue rose 4.1% YoY to ¥18,066m; operating income increased 5.1% to ¥1,807m, with a 10.0% margin.

• Growth reflected expanded DX projects, especially in finance, alongside pricing improvements and productivity gains.

Financial highlights

• Ordinary income increased 5.3% to ¥1,821m; net income attributable to owners rose 9.2% to ¥1,293m, and EPS was ¥111.59.

• Gross profit increased 3.0% to ¥3,643m; cost of sales rose 4.4% to ¥14,423m.

• Operating profit drivers included ¥305m from pricing and ¥82m from revenue growth/productivity; outsourcing and personnel costs reduced profit by ¥194m, with investment/infrastructure costs adding ¥87m of headwinds.

• Comprehensive income reached ¥1,316m, up 7.6% YoY.

Outlook and guidance

• FY2026 revenue is forecast at ¥20,000m, up 10.7%; operating income at ¥1,820m, up 0.7%, with a 9.1% margin.

• Net income is forecast at ¥1,245m, down 3.7%, with EPS of ¥107.40; the NEXT C4 target sets revenue at ¥20.0bn and operating margin at 9.1%.

• FY2026 dividend planned at ¥46 per share, comprising ¥23 interim and ¥23 year-end; forecast payout ratio is 42.8%.