Human Technologies (5621) Q1 2026 earnings summary

Executive summary

• Revenue rose 22.8% year-over-year to ¥1,774 million, driven by customer expansion, enhanced services, and increased demand for labor management solutions.

• Operating profit increased 39.7% year-over-year to ¥397 million, with a margin of 22.4%.

• Net profit attributable to shareholders rose 36.3% year-over-year to ¥287 million.

• Customer base expanded with a 24.1% increase in billable IDs, supported by a shift to a registration-based billing system.

• OEM partnership with Yayoi Co. launched, broadening user base and value proposition.

Financial highlights

• Revenue: ¥1,774 million (+22.8% YoY); operating profit: ¥397 million (+39.7% YoY); net profit: ¥287 million (+36.3% YoY); EPS: ¥29.90.

• KOT SaaS revenue grew 26.6% YoY to ¥1,595 million.

• Personnel expenses increased 11.7% YoY, but personnel cost ratio declined from 35.4% to 32.3%.

• Outsourcing costs rose 51.8% YoY due to additional development; promotion costs up 40% YoY.

• Gross and operating margins improved, reflecting cost control and revenue growth.

Outlook and guidance

• Full-year revenue forecast: ¥7,265 million (+20.0% YoY); operating profit forecast: ¥1,285 million (+38.1% YoY); EPS forecast: ¥92.63.

• Net profit forecast: ¥888 million (+35.6% YoY).

• No change to previously announced full-year guidance.

• Focus on expanding billable IDs and ARPU through value-added services and deepening customer engagement.