OBIC Business Consultants (4733) Q4 2025 earnings summary

Executive summary

• Net sales for FY2025 rose 12.0% year-over-year to ¥46,984 million, with operating profit up 16.0% to ¥21,744 million and net profit up 16.9% to ¥16,182 million.

• Cloud business saw significant growth, with cloud sales up 36.5% and core cloud business up 45.6% year-over-year.

• Recurring revenue ratio reached 81.8%, and ARR grew 14.0% year-over-year to ¥40.5 billion.

• Basic earnings per share increased to ¥215.27 from ¥184.13 year-over-year.

• Annual dividend increased to ¥106 per share, with a payout ratio expected at 46%.

Financial highlights

• Gross profit rose to ¥39,337 million, up 14.5% year-over-year.

• Ordinary profit rose 16.0% year-over-year to ¥23,044 million.

• SGA expenses increased 12.8% year-over-year, mainly due to higher personnel and advertising costs.

• Cash and deposits at year-end were ¥161,057 million, up ¥9,456 million from the previous year.

• Net assets increased to ¥158,990 million, with an equity-to-asset ratio of 76.2%.

Outlook and guidance

• FY2026 net sales are forecast to rise 10.0% year-over-year to ¥51,700 million, with operating profit projected at ¥24,000 million (+10.4%).

• Net profit for FY2026 is forecast at ¥17,350 million (+7.2%), with EPS of ¥230.79.

• Gross profit expected to increase by ¥3,785 million, driven by continued cloud sales growth.

• On-premise sales are expected to decline by about ¥1 billion due to shipment restrictions.

• Dividend forecast for FY2026 is ¥106 per share, with a payout ratio of 46%.