AMIYA (4258) Q1 2025 earnings summary

Executive summary

• Achieved record quarterly profit, with Q1 FY2025 revenue up 14.5% year-over-year to ¥1,389.6 million and operating profit up 24.5% to ¥282.5 million, driven by strong demand and favorable government security policies.

• Net profit attributable to shareholders rose 16.3% to ¥199.2 million, supported by robust automated security product demand amid rising ransomware and infrastructure threats in Japan.

• Strategic capital alliance with NTT Communications aims to accelerate nationwide service expansion.

• Rapid growth in ARR, targeting ¥4.2 billion by year-end for significant mid- to long-term profit expansion.

• Capital efficiency initiatives included treasury stock acquisition and planned disposal for incentive-based compensation.

Financial highlights

• Q1 revenue: ¥1,389.6 million, up 14.5% year-over-year; Q1 operating profit: ¥282.5 million, up 24.5%; Q1 net income: ¥199.2 million, up 16.3%.

• Operating margin improved to 20.3% as profit grew faster than revenue.

• EPS for Q1: ¥103.26; ROE: 19.6%.

• Total assets at quarter-end: ¥5,414.8 million; net assets: ¥2,145.3 million; equity ratio: 39.6%.

• Progress rates: revenue 24.2%, operating profit 47.1%, net income 46.9% of full-year forecasts.

Outlook and guidance

• On track to achieve full-year FY2025 targets: revenue ¥5,750 million (+14.0%), operating profit ¥591 million (+9.2%), net profit ¥425 million (+10.6%), EPS ¥103.26.

• Mid-term plan aims for 300% operating profit growth and 25% CAGR in sales.

• Overseas expansion to begin in earnest from FY2025.