eBASE (3835) Q4 2026 earnings summary

Executive summary

• FY2026 consolidated net sales were 5,259 million yen, with ordinary income at 1,467 million yen, and profit attributable to owners of parent at 1,026 million yen, all declining year-over-year.

• The eBASE business saw a decline in both sales and profit, while eBASE-PLUS achieved modest growth.

• Strategic acquisition of a 74.8% stake in KSP-SP Co., Ltd. to launch a next-generation micro-marketing business.

• Comprehensive income decreased 15.6% year-over-year to 1,058 million yen.

Financial highlights

• eBASE segment net sales: 2,591 million yen (down 1.8% YoY); ordinary income: 1,052 million yen (down 19.2% YoY).

• eBASE-PLUS segment net sales: 2,679 million yen (up 2.0% YoY); ordinary income: 405 million yen (up 3.4% YoY).

• Gross profit for FY2026 was 2,718 million yen, down from 2,918 million yen in FY2025.

• Operating margin declined to 27.2% from 31.7% year-over-year.

• Cash and cash equivalents at year-end were 4,933 million yen, down from 5,421 million yen.

Outlook and guidance

• FY2027 forecast: net sales 5,400 million yen (+2.7% YoY), ordinary income 1,600 million yen (+9.0% YoY), net income 1,070 million yen (+4.2% YoY), and basic EPS forecasted at 24.34 yen.

• Operating profit projected to rise 7.6% to 1,540 million yen.

• Guidance incorporates M&A-related costs and increased advertising for BtoBtoC business.