JBCC Holdings (9889) Q4 2026 earnings summary

Executive summary

• Achieved four consecutive years of sales and profit growth, with five consecutive years of record-high profit.

• Net sales rose 8.8% year-over-year to ¥76,019 million for the fiscal year ended March 31, 2026, with operating profit up 18.7% to ¥7,308 million and profit attributable to owners of parent up 16.3% to ¥5,353 million.

• Surpassed the Medium-Term Business Plan's initial net sales target of 72.0 bn yen one year ahead of schedule.

• Focus businesses (Cloud, Security, Ultra-high-speed Development) drove growth and accelerated business structure transformation.

• Recurring revenue business now exceeds 50% of net sales, establishing a stable earnings base.

Financial highlights

• FY03/2026 net sales: 76.0 bn yen (+8.8% YoY); operating profit: 7.3 bn yen (+18.7% YoY); operating profit margin: 9.6%.

• Ordinary profit: 7.5 bn yen (+18.3% YoY); profit attributable to owners: 5.35 bn yen (+16.3% YoY).

• Gross profit: 24.2 bn yen (+15.4% YoY); gross profit margin: 31.8%.

• Dividend per share increased to 42 yen, payout ratio 48.6%.

• Basic earnings per share was ¥86.34, up from ¥74.19, reflecting a four-for-one stock split.

Outlook and guidance

• FY03/2027 forecast: net sales 79.5 bn yen (+14.6% YoY), operating profit 8.75 bn yen (+19.7% YoY), operating profit margin 11% or above.

• Profit attributable to owners forecasted at 6.0 bn yen (+12.9% YoY); dividend per share to rise to 50 yen.

• Basic earnings per share is projected at ¥99.63 for the next fiscal year.

• Strategic investments to be boosted, especially in generative AI and talent development.