Financial Summary Supplementary Materials: Full Year of Fiscal Year Ending March 2026

Performance Overview

For the fiscal year ending March 2026, consolidated net sales were 23.83 billion yen (a 9% decrease YoY), mainly due to reduced outsourcing expenses. Ordinary income reached a record high of 6.35 billion yen (an 8% increase YoY), and the operating income margin improved to 26.7%. However, net income attributable to owners of the parent declined to 3.97 billion yen (a 10% decrease YoY). Sales achieved 97% of the revised earnings forecast, and ordinary income reached 101% of the forecast.

Shareholder Returns and Capital Policy

The annual dividend was increased to 26 yen, with a payout ratio of 54.5%. The total shareholder return ratio, including dividends and share buybacks, exceeded 100%, with an ROE of 27.8%. A share buyback exceeding 2.6 billion yen was conducted in FY 2025, and 3 million shares were canceled in November 2025. Additionally, a decision has been made to acquire 300 million yen worth of shares between May and July 2026. The equity ratio increased to 84%, strengthening the financial foundation.

Business Trends and Future Outlook

In the consulting services segment, large projects have progressed to service initiation, leading to increases in the number of projects and clients. However, revenue per contract declined due to decreased outsourcing. Considering the impact of AI utilization and generative AI on business models, efforts are underway to improve value propositions and transform business models. In April 2026, the company began exploring a capital and business alliance with Core Concept Technology Inc., aiming to increase its stake to a level that qualifies for the equity method by the fiscal year ending March 2027.