SCSK (9719) Q4 2026 earnings summary

Executive summary

• Net sales for FY2025 rose 30.9% year-over-year to ¥780.3 billion, driven by strong growth across all business segments and the consolidation of Net One Systems.

• Operating profit increased 30.5% to ¥86.3 billion, with an operating margin stable at 11.1%.

• EBITDA grew 33.9% to ¥121.9 billion, reflecting improved profitability and scale.

• Incoming orders surged 31.4% to ¥806.0 billion, and backlog expanded 8.2% to ¥339.9 billion.

Financial highlights

• Gross profit margin improved slightly to 27.3% from 26.8% year-over-year.

• SG&A expenses increased 40.9% to ¥128.9 billion, partly due to merger-related costs and higher personnel expenses.

• Profit attributable to owners of parent rose 48.5% to ¥66.9 billion.

• Adjusted operating profit margin (excluding merger-related expenses) reached 13.4% in FY2026 forecasts.

Outlook and guidance

• FY2026 net sales are forecast to grow 5.1% to ¥820.0 billion.

• Operating profit is projected to rise 15.9% to ¥100.0 billion, with an operating margin of 12.2%.

• Adjusted operating profit is expected to reach ¥109.5 billion, up 26.9% year-over-year.

• EBITDA is forecast to increase 19.4% to ¥145.5 billion.