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Broadleaf (3673) investor relations material

Broadleaf Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary12 Nov, 2025

Executive summary

  • Revenue for the first nine months of FY2025 rose 17.5% year-over-year to ¥15,231 million, driven by growth in subscription-based software, cloud services, and strong PC replacement demand.

  • Operating income and profit attributable to owners increased more than fivefold compared to the same quarter last year, with operating profit at ¥1,492 million (+418.3% YoY) and profit attributable to owners at ¥872 million (+442.5% YoY).

  • Revenue delayed by IT subsidy approvals was largely recognized in Q3, supporting a steady rise in cloud adoption.

  • The company is executing a medium-term plan focused on cloud penetration and service expansion, with a systematic transition from packaged to cloud-based software.

  • Risk mitigation efforts include securing external engineering resources through partner companies.

Financial highlights

  • Q3 cumulative revenue: ¥15,231 million (+17.5% YoY); operating profit: ¥1,492 million (+418.3% YoY); profit attributable to owners: ¥872 million (+442.5% YoY).

  • Gross profit increased 17.2% YoY to ¥9,857 million; SG&A expenses rose 3.0% YoY.

  • Basic EPS for Q3: 9.71 yen, up from 1.81 yen YoY.

  • Free cash flow doubled YoY to ¥707 million, with cash and cash equivalents at period end of ¥4,030 million.

  • Equity ratio at 57.6% as of September 30, 2025; total assets increased to ¥41,432 million, with equity rising to ¥23,878 million.

Outlook and guidance

  • Full-year revenue forecast raised to ¥20,400 million (+13.0% YoY); operating profit forecast increased to ¥1,700 million (+152.2% YoY).

  • All profit levels expected to significantly exceed previous year results.

  • Cloud services revenue forecast at ¥11,530 million (+40.4% YoY); hardware revenue forecast at ¥2,500 million (+48.0% YoY).

  • Annual dividend forecast increased to 5.00 yen per share, with a payout ratio of 44.9%.

  • The company expects continued revenue growth from cloud migration and hardware demand through 2028.

Explain impact of financial expenses on net profit forecast
Detail cloud strategy's impact on financial position
Explain significant intangible asset acquisition
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Frequently asked questions

Broadleaf Co., Ltd. is a Japanese company specializing in the development and provision of software and IT solutions for industries such as automotive, logistics, and manufacturing. The company offers cloud-based platforms and management systems tailored for business operations, including inventory management, customer relationship management (CRM), and supply chain optimization. Broadleaf also provides data services and support for digitizing workflows. The company is headquartered in Tokyo, Japan, and its shares are listed on the Tokyo Stock Exchange.

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