Systena (2317) Q2 2025 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2024, rose 6.9% year-on-year to ¥40,092 million, with operating profit up 27.6% to ¥5,573 million and profit attributable to owners of parent up 25.2% to ¥3,726 million.

• Focused on recurring revenue and high value-added businesses, including consulting and DX promotion, amid a moderately recovering Japanese economy with ongoing uncertainties from energy costs and exchange rates.

Financial highlights

• Gross profit increased to ¥9,952 million from ¥8,745 million year-on-year.

• Basic earnings per share rose to ¥9.95 from ¥7.68 year-on-year.

• Equity-to-asset ratio decreased to 66.7% from 70.5% at the previous fiscal year-end.

• Cash and cash equivalents at period-end were ¥21,681 million, down from ¥26,938 million at the previous period-end.

Outlook and guidance

• Full-year net sales forecasted at ¥85,000–90,000 million (up 10.5–17.0% year-on-year), with operating profit of ¥11,000–12,000 million (up 13.3–23.6%) and profit attributable to owners of parent of ¥7,700–8,400 million (up 6.5–16.2%).

• Earnings forecasts presented as ranges due to aggressive short-term investment and associated uncertainties.