Logizard Co (4391) Q2 2025 earnings summary

Executive summary

• Achieved record revenue of ¥1,106,721 thousand, up 11.8% year-over-year, with recurring growth in accounts and MRR.

• Operating profit rose to ¥262,281 thousand, up 52.0% year-over-year, and net profit increased to ¥194,455 thousand, up 57.1% year-over-year.

• Cloud services and BtoB segment led growth, supported by new account acquisitions and increased B2B demand.

Financial highlights

• Revenue: ¥1,106,721 thousand (+11.8% YoY); Cloud services: ¥848 million (+9.3% YoY); Development/implementation: ¥205 million (+22.5% YoY).

• Operating profit: ¥262,281 thousand (+52.0% YoY); Net profit: ¥194,455 thousand (+57.1% YoY).

• Gross profit: ¥625,403 thousand, up from ¥540,665 thousand YoY; gross margin improved to 56.5% (+2.0pp YoY); cloud service gross margin up 9.7pp YoY.

• MRR reached ¥144 million (+7.0% YoY); accounts at 1,811 (+9.7% YoY).

• Total assets at year-end were ¥2,382,566 thousand; equity increased to ¥1,588,825 thousand.

Outlook and guidance

• Progress rate against full-year revenue target is 50.0%; operating profit progress at 65.4%.

• Revenue guidance for the next fiscal year is set at ¥3,295,000 thousand.

• Continued focus on cloud WMS expansion and productivity improvements in logistics.