Asteria (3853) Q4 2026 earnings summary

Executive summary

• Revenue rose 6.9% year-over-year to 3.39B JPY, driven by subscription-based software and digital transformation demand.

• Net profit increased 42.1% to 830M JPY, with operating profit up 31.2% to 1.02B JPY.

• Comprehensive net profit surged 138.9% to 1.44B JPY, reflecting strong investment gains, notably from SpaceX.

• All products are now AI-enabled, and the "Asset-Hook Strategy" was launched.

• Recurring revenue mix reached 77%, supporting sustained growth.

Financial highlights

• Adjusted EBITDA was 890M JPY, not affected by investment valuation gains or losses.

• Operating profit margin improved to 30.2% from 24.6% in the previous period.

• EPS rose 37.4% year-over-year to 48.1 JPY.

• Dividend per share increased to 9.00 JPY, with a payout ratio of 18.7%.

• Investment business valuation gains and losses surged 819.1% year-over-year to 420M JPY, mainly from SpaceX.

Outlook and guidance

• FY2027 revenue forecasted at 3.7B JPY (+9.2% YoY), operating profit at 1.1B JPY (+7.3% YoY).

• Growth expected from continued cloud migration, generative AI integration, and expansion of recurring revenue.

• Dividend increases planned for the new fiscal year.

• Details on future strategy and performance to be discussed at the earnings briefing.