Cookpad (2193) investor relations material

Executive summary

• Sales revenue for Q1 FY2026 was 1,267 million yen, down 7.7% year-over-year due to a decline in Premium Services membership.

• Operating loss of 137 million yen recorded, mainly due to one-off workforce reduction costs.

• Loss attributable to shareholders was 417 million yen, compared to a profit of 111 million yen in the prior year, impacted by operating loss and finance costs from securities valuation.

• Loss before tax was 415 million yen, compared to a profit of 149 million yen a year earlier, impacted by fair value losses on securities.

Financial highlights

• SG&A expenses rose to 1,397 million yen, up 12.8% sequentially and 10.5% year-over-year, including 182 million yen in one-off restructuring costs.

• Basic earnings per share dropped to -5.75 yen from 1.35 yen year-over-year.

• Gross profit for Q1 FY2026 was 1,258 million yen, down from 1,354 million yen in Q1 FY2025.

• Cash and cash equivalents at quarter end were 5,975 million yen, down 50.8% year-over-year.

• Total assets decreased to 13,499 million yen as of March 31, 2026, down 603 million yen from December 31, 2025.

Outlook and guidance

• No earnings forecast disclosed for FY2026 due to ongoing investments and market uncertainty.