Logizard Co (4391) Q4 2026 earnings summary

Executive summary

• Achieved record-high revenue of ¥2,436 million, up 11.9% year-over-year, driven by strong BtoB order deliveries, cloud, and development services.

• Operating profit was ¥404 million, slightly down 0.8% year-over-year, but exceeded initial forecasts due to lower personnel costs.

• Net profit reached a record high of ¥302 million, up 6.7% year-over-year, aided by tax credits from increased hiring.

• The company focused on high-touch services, customer-centric strategies, B2B expansion, and organizational reforms.

Financial highlights

• Revenue: ¥2,436 million (+11.9% YoY); Operating profit: ¥404 million (−0.8% YoY); Net profit: ¥302 million (+6.7% YoY).

• Gross profit: ¥1,372 million (+13.6% YoY); Gross margin: 56.4%.

• MRR: ¥168 million, up 13.2% year-over-year.

• Cash and equivalents at period-end: ¥1,733 million.

• Dividend per share: ¥18.00–¥19.00; payout ratio: 20–20.5%.

Outlook and guidance

• FY2027 revenue forecast: ¥2,808 million (+15.3% YoY); operating profit: ¥404 million (flat YoY); net profit: ¥288 million (−4.6% YoY).

• Continued focus on BtoB segment growth, cloud service expansion, and AI-driven logistics DX.

• Planned dividend increase to ¥19 per share, with a payout ratio target of 20%.

• Ongoing investments in product development, security, and hiring to support future growth.

• Strategic investments in AI, process reform, and human capital expected to temporarily reduce profits.