Rakus (3923) investor relations material

Executive summary

• Achieved stable year-over-year sales growth, with H1 FY2026.3 net sales up 25.1% to ¥28,781 million and operating profit up 65.4% to ¥7,708 million, driven by increased revenues and efficient advertising activities.

• Profit attributable to owners of parent rose 73.8% to ¥6,311 million, and comprehensive income increased to ¥5,261 million.

• Cloud Business outperformed plans despite intensified competition, while IT Outsourcing Business maintained strong performance.

• Full-year guidance and dividend were revised upward, and a capital and business alliance with Plus Alpha Consulting was announced.

• Integrated key services under the Raku Raku Cloud brand and launched new AI features.

Financial highlights

• Net sales for H1 FY2026.3 reached ¥28,781 million, up 25.1% year-over-year, with operating profit at ¥7,708 million (+65.4%) and profit attributable to owners of parent at ¥6,311 million (+73.8%).

• EBITDA was ¥8,357 million, up 61.3% year-over-year.

• Gross profit for the period was ¥21,651 million, up from ¥17,013 million year-over-year.

• Earnings per share increased to ¥17.48 from ¥10.02 year-over-year.

• Number of employees increased by 18.3% year-over-year to 3,301.

Outlook and guidance

• Full-year net sales guidance revised upward to ¥60,000 million (+1.0% from initial), operating profit to ¥16,000 million (+6.7%), and profit attributable to owners of parent to ¥12,100 million (+3.5%).

• Dividend per share guidance raised from ¥3.25 to ¥3.40.

• EPS guidance for FY2026.3 revised to ¥33.54 (after stock split adjustment).

• Both Cloud and IT Outsourcing segments expected to exceed initial guidance, with improved OP margin in IT Outsourcing.

• Personnel costs expected below initial guidance due to hiring challenges, while advertising costs are projected to exceed initial guidance.