Septeni (4293) Q4 2025 earnings summary

Executive summary

• Revenue grew 7.2% year-over-year to ¥30,309 million, driven by project expansion, new client acquisition, and improved revenue to net sales ratio.

• Non-GAAP operating profit surged 38.1% year-over-year to ¥4,414 million, exceeding forecasts and reflecting a V-shaped recovery and leaner operations.

• Profit attributable to owners of parent declined 36.8% year-over-year to ¥3,491 million due to an impairment loss on an equity-method affiliate; adjusted profit (excluding impairment) showed positive growth.

• Year-end dividend maintained at ¥18.00 per share.

• Results exclude discontinued operations, notably COMISMA INC. and subsidiaries.

Financial highlights

• FY2025 revenue: ¥30,309 million (+7.2% YoY); net sales: ¥148,783 million (+1.9% YoY).

• Non-GAAP operating profit: ¥4,414 million (+38.1% YoY); adjusted profit: ¥4,155 million (+25.5% YoY).

• Profit attributable to owners of parent: ¥3,491 million (-36.8% YoY), impacted by impairment loss.

• EPS: ¥16.83 (-¥9.82 YoY); return on equity was 5.1%, down from 8.2% the previous year.

• Cash and cash equivalents at year-end totaled ¥17,945 million, down from ¥23,730 million.

Outlook and guidance

• FY2026 forecast: revenue +7.0% YoY to ¥32,420 million; non-GAAP operating profit +8.7% YoY to ¥4,800 million.

• Profit attributable to owners of parent projected to rise 24.6% YoY to ¥4,350 million; EPS forecast at ¥20.97.

• Dividend forecast unchanged at ¥18.00 per share.

• Major client impact expected to persist in Q1 FY2026, normalizing from Q2.