SERAKU (6199) Q4 2026 earnings summary

Executive summary

• FY26 net sales rose 3.0% YoY to ¥25,518m, operating profit increased 12.3% to ¥2,865m, and net profit attributable to owners rose 8.5% to ¥1,855m.

• Growth priorities include AI implementation, AI-driven process redesign, information security, and higher-value cloud and system integration services.

Financial highlights

• Ordinary profit advanced 12.5% to ¥2,924m; gross profit was ¥6,941m, up from ¥6,456m in FY25.

• FY26 net sales were 93.1% of plan, while operating profit was 100.5% of plan; net profit attributable to owners was ¥15m below plan.

• Cash and cash equivalents ended FY26 at ¥8,580m, up from ¥7,612m; total assets were ¥14,573m and net assets ¥10,153m.

• Net income per share was ¥140.46 versus ¥127.16 in FY25; diluted EPS was ¥140.31 versus ¥126.89.

Outlook and guidance

• FY27 forecast: net sales ¥28,300m (+10.9%), operating profit ¥3,010m (+5.1%), ordinary profit ¥3,060m (+4.6%), and net profit ¥1,980m (+6.8%).

• FY27 guidance assumes continued IT/DX investment and demand for cloud-enabled integration and system operations; actual results may vary with economic and market conditions.

• FY29 medium-term targets: sales ¥33bn, operating profit ¥4.5bn, operating margin 13.6%, and 3,956 engineers including business partners; targets will be reviewed annually on a rolling basis given AI-market uncertainty.

• FY27 annual dividend forecast is ¥22.90 per share, with a 15.0% consolidated payout ratio.