Septeni (4293) Investor update summary

Vision 2030

• Target ¥10bn in both net income and Non-GAAP operating profit by 2030, while pursuing high growth and shareholder returns.

• Vision: turn social and market changes into growth engines by maximizing customer enterprise value.

• FY2026–2028 plan aims to strengthen existing businesses and explore new customer value to improve confidence in the 2030 targets.

FY2024–2025 performance

• FY2025 revenue ¥30,309m, up 7.2% YoY; Non-GAAP operating profit ¥4,414m, up 38.1%, with margin at 14.6%, up 3.3pt.

• FY2025 adjusted net income was ¥4,155m, up 25.5%; reported net income was ¥3,491m, down 36.8%, reflecting an after-tax impairment impact from an equity-method affiliate.

• Portfolio actions included establishing or integrating 4 companies and selling or liquidating 5 over two years; operating continuation criteria were applied across businesses.

• FY2025 per-employee revenue reached ¥15.0m, up 9.9%; per-employee Non-GAAP operating profit was ¥2.2m, up 41.5%.

FY2028 targets and business strategy

• FY2028 targets: revenue ¥36,610m, Non-GAAP operating profit ¥6,400m, net income ¥5,800m and ROE 8.4%; FY2025–2028 CAGRs are 6.5%, 13.2% and 18.4% for the three profit and revenue measures, respectively.

• Core approach combines deeper growth in existing businesses with exploration of future earnings pillars, backed by internal, cross-business, Dentsu Group and external-partner synergies.

• Marketing and communications will develop MXONE integrated marketing, strengthen high-margin solutions and AI-enabled operations, and expand adjacent capabilities.

• Direct business priorities include Dentsu collaboration, senior-focused growth markets, AI creative, regional revenue sources and D2C expansion; data and solutions will build AI-led development and automation capabilities.

• HR technology plans to combine recruitment advertising capabilities with HaKaSe Lab’s candidate and employee experience solutions to improve hiring outcomes, onboarding and retention.