Temairazu (2477) Q4 2025 earnings summary

Executive summary

• Revenue grew 8.0% year-over-year to JPY 2,185 million, with operating profit up 8.9% and net income up 9.3%.

• Growth was driven by robust inbound demand in the hospitality sector and increased monthly recurring revenue.

• Application Service segment drove growth, while Internet Media segment saw a decline due to lower website traffic and search algorithm changes.

Financial highlights

• Net sales: JPY 2,185 million (+8.0% YoY); Operating profit: JPY 1,609 million (+8.9% YoY); Net income: JPY 1,067 million (+9.3% YoY).

• Net earnings per share rose 9.9% to JPY 165.73; BPS: JPY 1,077.93.

• Equity ratio remained high at 93.8%.

• Gross margin improved as revenue outpaced cost increases.

• Cash and equivalents at period-end: JPY 6,588 million, up JPY 22 million from prior year.

Outlook and guidance

• FY2026 forecasts: Net sales JPY 2,365 million (+8.2%), operating income JPY 1,640 million (+1.9%), net income JPY 1,108 million (+3.8%).

• Dividend forecast for FY2026: JPY 40.0 per share, maintaining a 22.5% payout ratio.

• Continued investment in product development and organizational strengthening planned.

• Market uncertainty remains due to global economic and geopolitical factors.

• Continued strong accommodation demand expected, with risks from rising costs and labor shortages.