Human Technologies (5621) Q2 2026 earnings summary

Executive summary

• Revenue for the second quarter of FY2026 increased 24.0% year-over-year to ¥3,613 million, driven by strong demand for labor management SaaS, new customer acquisitions, and ongoing service enhancements.

• Operating profit rose 20.4% year-over-year to ¥726 million, with net profit up 19.4% to ¥531 million, supported by expanded billable IDs and a low churn rate.

• The company operates a single segment focused on labor management SaaS, with continued customer base and product adoption expansion.

• Announced an OEM partnership to provide its core attendance management product to HRBrain, aiming for further customer base expansion.

Financial highlights

• Revenue for the second quarter was ¥3,613 million, up 24.0% year-over-year, with a progress rate of 49.7% against the full-year plan.

• Operating profit reached ¥726 million, up 20.4% year-over-year, with a margin of 20.1% and a progress rate of 56.5% against the annual forecast.

• Net profit for the period was ¥531 million, up 19.4% year-over-year, with a progress rate of 59.9% against the full-year target.

• Ordinary income was ¥731 million (up 21.1% year-over-year), and comprehensive income was ¥540 million (up 21.5%).

• KOT SaaS revenue grew 26.5% year-over-year, while other segments increased 5.8%.

Outlook and guidance

• Full-year revenue is forecast at ¥7,265 million (+20.0% year-over-year), with operating profit projected at ¥1,285 million (+38.1%) and net income at ¥888 million (+35.6%).

• No change to initial guidance, as the company plans to execute growth investments within the fiscal year.

• The company targets annual revenue growth of 20% and an operating margin of around 30% in the medium term.