Fukui Computer (9790) Q4 2026 earnings summary

Executive summary

• Achieved record highs in revenue, operating income, ordinary income, and net income for FY2025, with double-digit year-over-year growth in key metrics.

• Net sales rose 13.2% year-over-year to ¥16,653 million, with operating profit up 19.4% and ordinary profit up 20.5%.

• Profit attributable to owners of parent increased 3.0% to ¥4,313 million.

• Strong performance driven by demand for regulatory compliance solutions, BIM adoption, and expanded customer base.

• Announced planned management integration with Daitec Holdings, targeting over ¥33 billion in sales post-integration.

Financial highlights

• Revenue: ¥16,653 million, up 13.2% year-over-year; operating income: ¥7,263 million, up 19.4%; ordinary profit: ¥7,483 million.

• Net income: ¥4,313 million, up 3.0% year-over-year; comprehensive income: ¥4,424 million, up 9.5%.

• ARR: ¥9,022 million, up 18.0% year-over-year; ARPA: ¥238,000, up 16.7%; churn rate stable at 5.3%.

• Gross profit improved to ¥13,619 million, with a gross margin of 81.8%.

• Cash and cash equivalents at year-end were ¥21,485 million, up ¥312 million from the prior year.

Outlook and guidance

• FY2026 forecast: Revenue ¥16,643 million (down 0.1%), operating income ¥6,895 million (down 5.1%), net income ¥4,539 million (up 5.2%).

• FY2027 forecast: net sales ¥16,643 million (flat), operating profit ¥6,895 million (-5.1%), ordinary profit ¥7,095 million (-5.2%), profit attributable to owners of parent ¥4,539 million (+5.2%), and dividend per share ¥77.

• Expects to exceed mid-term management plan targets.

• Focus on expanding high-value services, BIM adoption, leveraging AI/cloud for ARR growth, and digital transformation solutions.

• Responding to construction industry labor shortages.