Logizard Co (4391) Q1 2027 earnings summary

Executive summary

• Q1 FY2027 revenue was ¥657.252m, operating income ¥81.648m, ordinary income ¥83.381m and net income ¥59.122m; first-time consolidated reporting means no direct YoY comparison in the filing.

• Presentation figures showed revenue growth of 17.1% and operating profit growth of 13.6%; MRR reached a record ¥172m, up 13.8% YoY.

• Strasol Architect adds logistics consulting capabilities; OrbiFlow partnership and Bit Waybill development advance logistics-data initiatives.

Financial highlights

• Revenue was ¥657.252m; gross profit ¥359.654m; operating income ¥81.648m; ordinary income ¥83.381m; net income attributable to owners ¥59.122m.

• Presentation figures reported gross profit growth of 16.3%, operating profit growth of 13.6%, ordinary profit growth of 14.0% and net income growth of 13.9% YoY.

• Gross, operating and net margins were 54.7%, 12.4% and 9.0%, respectively, versus 55.1%, 12.8% and 9.2% YoY.

• EPS was ¥18.13; equity ratio was 87.9%.

Outlook and guidance

• FY2027 consolidated earnings guidance is undetermined pending assessment of the acquired subsidiary’s outlook.

• Management plans cited ¥479m FY2027 WMS operating profit and a ¥75m Bit Waybill operating loss, implying ¥404m total operating profit; Bit Waybill profitability is targeted for FY2030.

• FY2027 annual dividend forecast remains ¥19 per share, comprising ¥0 interim and ¥19 year-end.