Miroku Jyoho Service (9928) Q2 2026 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2025, rose 6.3% year-over-year to ¥24,172 million, driven by strong ERP product sales and a shift to subscription-based models.

• Operating profit increased 6.2% to ¥3,151 million, ordinary profit rose 7.6% to ¥3,257 million, and profit attributable to owners of parent surged 28.9% to ¥2,654 million year-over-year.

• The company is accelerating its transition to cloud subscription services and expanding its customer base, with a focus on digital transformation and business efficiency.

• Acquisition of Synergix Technologies Pte Ltd. in Singapore marks a strategic move to strengthen global business and expand into the ASEAN market.

Financial highlights

• Gross profit for the six months was ¥14,387 million, up from ¥13,791 million a year earlier.

• Basic earnings per share increased to ¥88.69 from ¥68.84 year-over-year.

• Comprehensive income rose 51.7% to ¥2,647 million.

• Service revenues grew 12.7% to ¥10,120 million, with software utilization revenues up 31.9%.

• System installation contract sales increased 3.2% to ¥12,446 million.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2026: net sales of ¥49,000 million (up 6.2%), operating profit of ¥6,700 million (up 6.6%), ordinary profit of ¥6,800 million (up 6.4%), and profit attributable to owners of parent of ¥4,900 million (up 11.8%).

• Basic earnings per share forecast at ¥163.66.

• No revisions to previously announced forecasts.