Systena (2317) Q2 2026 earnings summary

Executive summary

• Net sales for H1 FY2026 reached ¥46,967 million, up 17.1% year-over-year, with operating profit at ¥7,593 million, a 36.2% increase, and profit attributable to owners of parent up 47.7% to ¥5,502 million.

• Growth driven by reallocation of management resources, productivity improvements, focus on high value-added and subscription businesses, and expansion of recurring revenue streams.

• Segment reclassification and structural reform shifted the main business model to project management, with new growth engines in Next-generation Mobility and Project Management Design.

Financial highlights

• Ordinary profit rose 46.5% year-over-year to ¥7,927 million; comprehensive income for the period was ¥5,432 million, up 48.5% year-over-year.

• Equity ratio improved to 66.0% from 62.7% as of September 30, 2025; net assets per share increased to ¥100.03 from ¥90.82.

• Revised full-year forecast: net sales ¥90,200 million (+7.9% YoY), operating profit ¥14,500 million (+20.2% YoY), ordinary profit ¥14,900 million (+25.7% YoY), profit attributable to owners of parent ¥10,360 million (+22.2% YoY), EPS ¥28.98.

• Gross profit increased to ¥12,205 million from ¥9,952 million year-over-year.

• Cash and cash equivalents at period end were ¥24,942 million, up from ¥21,681 million a year earlier.

Outlook and guidance

• Full-year forecasts revised upward, reflecting higher contractual unit prices and increased orders for high-value projects.

• Dividend forecast raised to ¥13.00 per share for year-end, total annual dividend ¥20.00 per share.

• Strategic focus on SDV, AI, DX, and cloud-related services across all segments.