Asteria (3853) Q1 2026 earnings summary

Executive summary

• Achieved record Q1 operating profit of 311 million yen, with revenue up 5.9% year-over-year to 770 million yen, driven by growth in the core software business.

• Net profit attributable to owners was 234 million yen, a turnaround from a 105 million yen loss in Q1 FY2024.

• Recurring revenue ratio increased to 80%, reflecting strong subscription growth.

• Comprehensive income improved to 285 million yen from a loss of 81 million yen year-over-year.

• Market expansion supported by new product launches, including Platio Canvas.

Financial highlights

• Revenue rose 5.9% year-over-year to 770 million yen; gross profit reached 674 million yen with an 87.5% margin.

• Operating profit increased to 311 million yen, with a margin of 40.4%.

• Adjusted EBITDA was 192 million yen, representing an 8.9% year-over-year increase and a 24.9% margin.

• Basic and diluted EPS were 13.95 yen, compared to negative 6.24 yen in the prior year.

• Equity ratio stood at 78%, with cash and deposits of 2.9 billion yen.

Outlook and guidance

• Q1 revenue and operating profit represent 22% and 37% of full-year forecasts, respectively.

• Full-year FY2026 revenue forecast is 3,500 million yen, with operating profit projected at 850 million yen (10.4% year-over-year growth).

• Dividend forecast for FY2026 is 8.50 yen per share, up from 8.00 yen in FY2025.

• No changes to previously announced consolidated financial results forecast.

• Continued focus on recurring revenue and market expansion through new product launches.