Infomart (2492) Q3 2025 earnings summary

Executive summary

• Net sales for Q3 FY12/25 rose 22.8% year-over-year to ¥13,803 million, driven by growth in BtoB-PF FOOD and BtoB-PF ES segments and increased digitalization demand.

• Operating profit surged 258.6% year-over-year to ¥2,407 million, with profit attributable to owners of parent up 181.5% to ¥1,501 million.

• Number of user companies for BtoB Platform services reached 1,220,000, supporting revenue growth and representing about 33% of all Japanese companies.

• Achieved significant cost management, especially in data center expenses, contributing to profitability.

• Revised full-year forecasts upward for operating and ordinary profit, reflecting stronger-than-expected profitability.

Financial highlights

• Gross profit rose 55.1% year-over-year to ¥10,092 million, with gross margin improving to 73.1% in Q3 due to lower data center costs after cloud migration.

• Operating profit margin improved by 11.5 points to 17.4% in Q3.

• Basic earnings per share rose to ¥6.63 from ¥2.36 year-over-year.

• Total assets grew to ¥16,857 million, and net assets to ¥11,758 million as of September 30, 2025.

• Stock-type revenue ratio remained high at 97.0% in Q3.

Outlook and guidance

• Full-year net sales forecast revised to ¥18,823 million, with operating profit forecast raised by 22.1% to ¥2,809 million.

• Ordinary profit forecast at ¥2,790 million and profit attributable to owners of parent forecast increased by 10.6% to ¥1,500 million.

• Gross profit margin expected to reach 72.6% for the year, up 3.0 points from previous guidance.

• Growth expected from continued expansion in both BtoB-PF FOOD and BtoB-PF ES businesses, with further increases in user companies and system usage fees.