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Hennge (4475) investor relations material
Hennge Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for Q1 FY2026 rose 20.1% year-over-year to JPY 3,016M, driven by strong growth in the HENNGE One business, which accounted for 94.6% of total sales.
Gross profit increased 21.8% year-over-year, with gross margin improving to 86.6% due to higher ARPU and stable recurring revenue.
Operating income was JPY 530M, flat year-over-year by one measure and up 31.1% by another, as higher SG&A expenses offset revenue gains.
Net income declined 9.9% year-over-year to JPY 366M, reflecting increased operating expenses and investments in marketing and personnel.
Financial highlights
HENNGE One net sales grew 22.2% year-over-year to JPY 2,854M, while professional services and others declined 7.6%.
Gross profit for the quarter was JPY 2,612M, up from JPY 2,145M year-over-year.
SG&A expenses rose 28.8% year-over-year, mainly due to increased advertising and personnel costs.
Operating income margin decreased by 3.5pts to 17.6%.
Basic earnings per share for the quarter were JPY 11.56, down from JPY 12.63 year-over-year.
Outlook and guidance
FY2026 full-year net sales forecast is JPY 12,834M (+17.5% YoY), with operating income projected at JPY 2,057M (+14.7% YoY).
Profit attributable to owners of parent is forecast at JPY 1,595M, up 17.4% year-over-year.
Basic earnings per share for the full year are expected to be JPY 50.06.
HENNGE One sales progress is 23.6% of the full-year forecast after Q1.
The company targets JPY 20B in ARR by FY2029, focusing on strengthening sales, expanding customer base, and enhancing service value.
- TimeTickerHeadlineOpen
- S68
Record revenue, strong segment growth, and a robust IPO pipeline drive positive outlook. - 4183
Lower sales and profits prompt revised guidance and major capital actions, including a stock split. - BN4
Net profit up 39% in new model, record infrastructure earnings, and 38% higher dividends. - HEXT
CY25 revenue up 7.6% YoY, Q4 at $389M, with strong deal wins and AI-driven growth ahead. - 6723
Strong AI and industrial demand drive results; timing business sold for $3B; inventory targets raised. - 4902
Operating profit rebounded sharply on cost controls and gains, despite lower revenue. - 032640
Net profit surged 61.9% YoY on strong wireless, broadband, and AIDC growth. - 6417
Strong pachinko sales drove revenue growth, with major treasury stock cancellation planned. - BPT
H1 FY26 revenue hit $1B, with strong gas prices and LNG cargoes offsetting lower production. - CPAY
Record 2025 results and 2026 outlook driven by strong segment growth and capital deployment.
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