SRA Holdings (3817) Q1 2026 earnings summary

Executive summary

• Consolidated net sales for 1Q FY2026 rose 21.0% year-over-year to ¥14,308 million, with operating profit up 14.9% to ¥1,848 million and net profit attributable to owners down 29.8% to ¥1,135 million.

• Comprehensive income increased 74.6% year-over-year to ¥1,496 million.

• Non-consolidated net sales decreased 2.8% year-over-year to ¥5,316 million, with operating profit down 9.8% to ¥805 million and net profit down 27.9% to ¥1,791 million.

Financial highlights

• Consolidated gross profit increased 9.1% year-over-year to ¥3,216 million, while SG&A expenses rose 2.1% to ¥1,367 million.

• Ordinary profit dropped 32.0% year-over-year to ¥1,717 million due to a significant decrease in non-operating income.

• Net profit per share fell to ¥89.90 from ¥128.39 in the previous year.

• Cash and deposits were ¥18,926 million as of June 30, 2025.

• Total assets as of June 30, 2025, were ¥47,322 million, with net assets at ¥31,336 million.

Outlook and guidance

• Full-year net sales forecast for fiscal year ending March 31, 2026, is ¥53,500 million, up 3.6% year-over-year.

• Operating profit is projected at ¥8,300 million (+4.5%), with profit attributable to owners of parent expected to rise 45.1% to ¥4,900 million.

• Annual dividend forecast is ¥180.00 per share, unchanged from the previous year.

• New orders received decreased 7.6% year-over-year to ¥11,592 million, while backlog declined 3.7% to ¥15,299 million, indicating a cautious outlook for future quarters.