Quest Co (2332) Q1 2026 earnings summary

Executive summary

• Net sales rose 22.4% year-over-year to ¥4,383 million, driven by new orders in the semiconductor and financial sectors and the consolidation of Sept Inc.

• Operating profit fell 3.7% to ¥220 million, and net profit attributable to owners of parent decreased 5.8% to ¥152 million, mainly due to increased human capital investment and temporary costs from the Sept Inc. acquisition.

• EBITDA was ¥285 million with a margin of 6.5%, down from ¥287 million and 8.0% a year earlier.

• The company is executing its medium-term management plan, focusing on business portfolio transformation, investment in employees and technology, and strengthening its business structure.

Financial highlights

• Gross profit increased to ¥774 million from ¥691 million year-over-year.

• Total assets grew to ¥9,979 million, up ¥160 million from the previous fiscal year-end.

• Net assets declined to ¥7,081 million, mainly due to dividend payments and a decrease in retained earnings.

• Equity ratio was 71.0%, down from 73.9% at the previous year-end.

Outlook and guidance

• Full-year forecast remains unchanged: net sales of ¥16,860 million (+12.9% YoY), operating profit of ¥1,180 million (+11.8%), ordinary profit of ¥1,240 million (+11.5%), and net profit attributable to owners of parent of ¥845 million (+10.1%).

• Basic earnings per share forecast at ¥157.32.