Computer Engineering & Consulting (9692) Q4 2026 earnings summary

Executive summary

• Achieved record net sales of ¥65,882 million (+17.2% YoY) and operating income of ¥7,338 million (+9.6% YoY), driven by large-scale government projects, robust ICT investment, and digital transformation demand.

• Net income attributable to owners increased 28.8% to ¥5,201 million; comprehensive income grew 36.9% to ¥6,084 million.

• Orders received and order backlog reached all-time highs, with YoY growth of 28.4% and 42.0%, respectively.

• Treasury shares worth ¥2 billion were acquired and cancelled to enhance capital efficiency; annual dividend increased to 70 yen, with further increases and share repurchases planned.

• Completed major M&A and capital alliances to strengthen business foundation.

Financial highlights

• Gross profit increased to ¥16,863 million; net sales rose 17.2% YoY to ¥65,882 million; operating income up 9.6% to ¥7,338 million.

• Net income attributable to owners increased 28.8% to ¥5,201 million; gross profit margin declined 1.7 pts to 25.6%.

• Orders received totaled ¥72,671 million (+28.4% YoY); order backlog reached ¥22,952 million (+42.0% YoY).

• Total assets increased 18.2% to ¥62,210 million, mainly due to higher product inventory; equity ratio declined to 68.4% from 76.7%.

• Cash and cash equivalents at year-end were ¥25,200 million, a decrease of ¥272 million.

Outlook and guidance

• FY2027 forecasts: net sales of ¥68,000 million (+3.2% YoY), operating income of ¥7,750 million (+5.6%), and net income of ¥5,600 million (+7.7%).

• Annual dividend projected to rise to 80 yen per share, with a payout ratio of 44.6%; additional share repurchases scheduled.

• Continued focus on growth investments, transition to a service-based business model, and robust IT/DX investment outlook.