Logizard Co (4391) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended March 31, 2025, was ¥1,634 million, up 11.3% year-over-year, with recurring growth in all key metrics.

• Operating profit rose 41.3% to ¥358 million, and net profit increased 44.1% to ¥266 million compared to the same quarter last year.

• Growth was driven by increased demand for warehouse management systems (WMS), automation trends, and new client acquisitions.

• Monthly Recurring Revenue (MRR) reached ¥145 million, up 9.9% year-over-year.

Financial highlights

• Gross profit reached ¥927 million, up from ¥801 million year-over-year.

• Cloud service sales grew 9.3% year-over-year, driven by new account acquisitions.

• Gross profit margin improved by 3.3 percentage points year-over-year, absorbing increased personnel costs.

• Operating margin increased to 21.9% from 17.3% year-over-year.

• SG&A expenses rose 3.9% due to workforce expansion and increased travel and support costs.

Outlook and guidance

• Progress toward full-year revenue target is 73.8%, with net profit at 94.6% of the annual plan by Q3.

• Full-year revenue forecast remains at ¥2,214 million, with operating and ordinary income both projected at ¥400 million.

• Net income for the full year is expected to reach ¥281 million, with EPS of ¥87.54.

• No changes have been made to previously announced guidance.

• Continued focus on expanding cloud WMS adoption and automation solutions to address labor shortages.