System D (3804) Q4 2025 earnings summary

Executive summary

• Achieved record-high sales and operating profit, driven by successful project deliveries, new user acquisitions, and strong growth in cloud services across all business segments, especially education, public sector, wellness, and compliance software.

• Robust demand for cloud-based solutions and recurring revenue streams supported performance.

Financial highlights

• Net sales reached ¥5,032 million, up 8.7% year-over-year and 0.2% above plan.

• Operating profit was ¥938 million, up 13.2% year-over-year and 0.6% above plan.

• Net income totaled ¥628 million, a 12.9% increase year-over-year.

• EPS for the year was ¥97.92, up from ¥86.78.

• Comprehensive income was ¥648 million, up 17.4% year-over-year.

Outlook and guidance

• For the fiscal year ending October 2026, sales are projected at ¥5,541 million (+10.1% YoY), with operating profit targeted at ¥1,028 million (+9.6% YoY) and net income at ¥703 million (+12.0% YoY).

• Dividend per share is planned to increase to ¥32, with a payout ratio of 29%.

• Focus on expanding product lineup, quality improvement, and new market entry.