Soliton Systems (3040) Q1 2026 earnings summary

Executive summary

• Achieved double-digit growth in all major indicators, with Q1 2026 net sales up 12.7% to ¥5,165 million, operating profit up 53.2% to ¥908 million, and net income attributable to parent up 71.1% to ¥685 million, driven by strong proprietary product sales, especially in IT Security.

• Comprehensive income increased 71.4% year-over-year to ¥682 million.

Financial highlights

• Revenue: ¥5,165 million, up 12.7% year-over-year; gross profit: ¥2,518 million, up 19.6% year-over-year; gross margin 48.8%.

• Operating profit: ¥908 million, up 53.2% year-over-year; operating margin 17.6%.

• Net income attributable to parent: ¥685 million, up 71.1% year-over-year; basic EPS ¥37.00.

• Ordinary profit: ¥949 million, up 79.7% year-over-year.

• Total assets as of March 31, 2026: ¥25,203 million; net assets: ¥13,420 million.

Outlook and guidance

• Full-year revenue forecast maintained at ¥21,200 million (+7.3% YoY); operating profit forecast at ¥3,150 million (+10.7% YoY); ordinary profit at ¥3,200 million (+7.5% YoY); net profit attributable to owners at ¥2,350 million (+2.3% YoY).

• Q1 operating profit progress rate at 28.9%, ahead of the past two years.

• Dividend planned at ¥60 per share, marking the seventh consecutive increase; payout ratio expected at 47.3%.