VRAIN Solution (135A) Q1 2027 earnings summary

Executive summary

• Achieved significant revenue growth in 1Q FY2027 to ¥648 million, up 231.5% year-over-year, driven by strong demand for AI and IoT solutions in manufacturing.

• Operating loss improved by ¥197 million year-over-year, narrowing to ¥31 million, with net loss at ¥20 million, improved from ¥149 million.

• Order backlog reached ¥1,386 million at quarter-end, up 9.3% from the previous period, supporting future revenue visibility.

• Expanded customer base to 358 companies and secured major projects in semiconductor manufacturing digitalization.

• Expanded sales offices and prepared for new factory openings to support future growth.

Financial highlights

• 1Q FY2027 revenue: ¥648 million (+231.5% YoY); gross profit: ¥496 million (+243.4% YoY).

• 1Q operating loss: ¥31 million (improved by ¥197 million YoY); net loss: ¥20 million (improved from ¥149 million YoY).

• Full-year FY2027 forecast: revenue ¥4,823 million (+47.1% YoY), operating profit ¥1,449 million (+58.5% YoY), net profit ¥972 million (+49.2% YoY).

• Gross margin for 1Q: 76.5% (up 2.7 pts YoY); full-year forecast: 80.0%.

• No dividend declared or forecasted for the period.

Outlook and guidance

• No changes to previously announced full-year guidance: revenue of ¥4,823 million, operating income of ¥1,449 million, and net income of ¥972 million.

• Targeting 50% CAGR in sales and 30–40% operating margin over the medium term.

• Plans to open five new domestic sales offices and accelerate global expansion.

• Focus on strengthening after-sales support, internal manufacturing, and strategic hiring.

• Management notes forecasts are based on currently available information and actual results may differ due to various factors.