ISB (9702) Q1 2026 earnings summary

Executive summary

• Net sales reached ¥10,128 million in Q1 FY2026, up 4.3% year-over-year, marking a record-high for the first quarter.

• Operating profit was ¥1,129 million, slightly down 0.4% year-over-year due to temporary costs and ongoing growth investments.

• Profit attributable to owners of parent was ¥726 million, down 0.8% year-over-year.

• Progress toward full-year targets is on track, with 26.3% of net sales and 37.6% of operating profit achieved.

• Comprehensive income for the quarter was ¥681 million, a 3.9% decrease year-over-year.

Financial highlights

• Net sales: ¥10,128 million (104.3% YoY), operating profit: ¥1,129 million (99.6% YoY), ordinary profit: ¥1,141 million (99.8% YoY).

• Profit attributable to owners of parent: ¥726 million (99.2% YoY).

• Gross profit rose to ¥2,683 million from ¥2,648 million year-over-year.

• Basic earnings per share for the quarter was ¥63.41, compared to ¥64.08 in the prior year.

• Equity-to-asset ratio improved to 69.5% from 67.2% at the previous year-end.

Outlook and guidance

• Full-year net sales forecast: ¥38,500 million (+4.0% YoY).

• Operating profit forecast: ¥3,000 million (+29.6% YoY).

• Profit attributable to owners of parent forecast: ¥1,850 million (+28.9% YoY).

• Basic earnings per share forecasted at ¥161.40 for the full year.

• Dividend forecast: ¥70 per share, with a payout ratio of 43.4%.