TKC Corporation (9746) Q4 2025 earnings summary

Executive summary

• Achieved record-high consolidated turnover of ¥83,476 million, up 11.0% year-over-year, with record-high net profit for the 11th consecutive year and record-high operating and ordinary profit for 12 consecutive years, driven by strong performance in the Accounting Firm Business and digitalization initiatives.

• Dividends increased for the 11th consecutive year, with a 10 yen rise anticipated, and dividend per share increased to ¥110.00, with a payout ratio of 46.9%.

• Major digitalization initiatives and new product launches, including Quick Monthly Report Service and TKC Fast Link, expanded cloud-based services, and support for local government system standardization.

Financial highlights

• Consolidated turnover: ¥83,476 million (+11.0% YoY); operating profit: ¥16,142 million (+4.1% YoY); ordinary profit: ¥16,590 million (+3.5% YoY); net profit: ¥12,094 million (+7.3% YoY).

• Net profit per share: ¥234.31 (vs. ¥216.21 prior year); equity ratio: 83.6% (vs. 81.8%).

• Cash and cash equivalents at period end: ¥33,580 million, up ¥3,182 million YoY.

• Dividend payout ratio targeted at 50%, with annual dividend forecast at ¥110 per share.

Outlook and guidance

• FY2026 forecast: Turnover ¥85,500 million (+2.4% YoY), operating profit ¥16,600 million (+2.8%), ordinary profit ¥17,100 million (+3.1%), net profit ¥12,150 million (+0.5%).

• Temporary turnover increase expected from system standardization; a decrease is forecast for FY2027, with growth resuming in FY2028.

• Accounting Firm Business Division turnover projected at ¥53,100 million; Local Governments Business Division at ¥29,100 million; Printing Business Division at ¥3,300 million.