Kimura Unity Co (9368) Q4 2025 earnings summary

Executive summary

• FY2025 revenue fell 0.6% to ¥61,129m, while operating profit rose 12.0% to ¥4,603m and net income rose 4.1% to ¥3,300m; both reached record highs.

• Operating and net income increased for a fourth consecutive year despite the end of the revenue growth streak.

• FY2026 guidance targets revenue growth of 3.9%, higher profits and ROE of 9.1%.

Financial highlights

• Revenue was ¥61,129m, down ¥364m YoY; operating profit was ¥4,603m, up ¥494m, and operating margin improved 0.8 percentage points to 7.5%.

• Ordinary profit rose 4.5% to ¥5,117m; net income attributable to owners of the parent rose 4.1% to ¥3,300m, with net margin at 5.4%.

• Revenue missed the ¥63,000m forecast by 3.0%; operating profit exceeded forecast by 4.6%, ordinary profit was 1.6% below, and net income matched forecast.

• Comprehensive income fell 49.9% to ¥3,789m.

• EPS was ¥77.49, up from ¥72.09.

Outlook and guidance

• FY2026 forecast: revenue ¥63,500m (+3.9%), operating profit ¥4,800m (+4.3%), ordinary profit ¥5,400m (+5.5%) and net income ¥3,600m (+9.1%).

• FY2026 operating margin is forecast at 7.6%, ordinary margin at 8.5%, net margin at 5.7% and ROE at 9.1%, versus 8.5% ROE in FY2025.

• Expanded sales and new-site volumes are expected to support FY2026; wage increases, material-cost inflation, lower pension investment returns and higher retirement-benefit costs are offsets.

• All major segments are expected to grow, with notable expansion in Information and Human Resources Services.

• FY2027 targets: revenue ¥70,000m, operating profit ¥5,300m, operating margin 7.6% and ROE 12.0%; FY2025 progress was 87.3% for revenue and 86.8% for operating profit.