JBCC Holdings (9889) Q1 2026 earnings summary

Executive summary

• The second year of the mid-term plan "CHALLENGE 2026" began with strong performance in cloud, security, and agile/ultra-fast development businesses.

• Cloud and security sales grew 36.6% year-over-year; agile/ultra-fast development sales rose 57.1% year-over-year.

• Achieved consolidated revenue of ¥18,361 million (+1.3% YoY), operating income of ¥1,783 million (+16.1% YoY), and net income attributable to parent of ¥1,260 million (+12.6% YoY).

• Four consecutive years of revenue and profit growth and five consecutive years of dividend increases are forecasted.

Financial highlights

• Revenue for Q1 FY2026 was ¥18,361 million, up 1.3% year-over-year.

• Operating income rose 16.1% YoY to ¥1,783 million (operating margin 9.7%, up 1.2pts).

• Ordinary income increased 13.9% to ¥1,888 million (margin 10.3%, up 1.1pts).

• Net income attributable to parent was ¥1,260 million, up 12.6% (margin 6.9%, up 0.7pts).

• EPS for the quarter was ¥20.28, up from ¥18.08 YoY (adjusted for stock split).

Outlook and guidance

• Full-year FY2026 forecast: revenue ¥71,500 million (+2.3% YoY), operating income ¥6,800 million (+10.5%), ordinary income ¥6,900 million (+9.3%), net income ¥4,800 million (+4.3%).

• Both revenue and profit are progressing as planned; H1 is expected to slightly exceed initial forecasts.

• No changes to previously announced earnings guidance.

• Dividend forecast for FY2026: ¥81.00 per share (post-split basis).

• Four consecutive years of revenue and profit growth projected.