WingArc1st (4432) Q3 2025 earnings summary

Executive summary

• Revenue for FY2025 Q3 rose 9.8% YoY to ¥21,610 million, with EBITDA up 5.6% YoY and profit attributable to equity holders up 4.5% YoY.

• Strong growth in cloud services, especially in large enterprise orders, and continued expansion of Dr.Sum Cloud and Motion Board Cloud.

• Entered a capital and business alliance with CIMTOPS Corporation to enhance manufacturing solutions and productivity.

• Total comprehensive income declined 20.1% to ¥4,465 million.

Financial highlights

• Revenue: ¥21,610 million, up 9.8% YoY; BDS segment up 12.7% YoY, DE segment up 4.5% YoY.

• EBITDA: ¥7,603 million, up 5.6% YoY; margin at 35.2%.

• Net profit attributable to equity holders: ¥4,702 million, up 4.5% YoY; margin at 21.8%.

• Basic EPS at ¥136.45, up from ¥131.60 YoY.

• Cash and cash equivalents at period end: ¥13,886 million, up from ¥12,986 million at the start of the period.

Outlook and guidance

• FY2025 full-year revenue forecast revised upward to ¥28,500 million (+10.7% YoY); BDS: ¥18,700 million (+13.4% YoY), DE: ¥9,800 million (+5.8% YoY).

• EBITDA forecast at ¥9,560 million (+11.2% YoY); net profit forecast at ¥5,850 million (+8.1% YoY).

• Commemorative dividend of ¥20 per share planned, raising annual dividend forecast to ¥104 per share.