Cybozu (4776) Q2 2025 earnings summary

Executive summary

• Net sales for Q2 FY2025 rose 27.1% year-over-year to JPY 17,899 million, with operating profit up 129.7% to JPY 5,163 million and profit attributable to owners of parent up 105.4% to JPY 3,462 million.

• Cloud consolidated sales reached JPY 16,489 million, up 92.1% year-over-year.

• Kintone product sales grew 36.4% year-over-year to JPY 10,281 million.

• Comprehensive income increased to JPY 3,948 million from JPY 1,908 million year-over-year.

• Operating profit margin improved significantly due to strong sales growth.

Financial highlights

• Gross profit for the six months ended June 30, 2025 was JPY 16,259 million, up from JPY 12,757 million year-over-year.

• Net sales increased by JPY 3,812 million year-over-year to JPY 17,899 million.

• Cost of sales rose 23.4% year-over-year to JPY 1,639 million.

• Net cash provided by operating activities was JPY 5,386 million, up from JPY 2,325 million year-over-year.

• Basic earnings per share for the period was JPY 74.91, more than double the JPY 35.40 from the prior year.

Outlook and guidance

• FY2025 net sales forecast at JPY 37,202 million, up 25.4% from FY2024.

• Operating profit expected to reach JPY 9,051 million, up 85.0% year-over-year.

• Net profit per share projected at JPY 135.82, an 81.1% increase.

• Dividend per share forecasted at JPY 40.00, up 33.3% year-over-year.

• Profit attributable to owners of parent for FY2025 forecast at JPY 6,280 million, up 76.6% year-over-year.