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Results presentation334AVisual Processing Japan Co.,Ltd.Information and Communications, Services and Others

Financial Results Presentation for the Third Quarter of the Fiscal Year Ending December 2026

For the third quarter of the fiscal year ending December 2026, revenue, operating profit and net income exceeded the same period of the previous year, driven by recurring CIERTO revenue and growth in new SaaS and development projects. Accordingly, the full-year revenue and profit forecasts and the dividend forecast were revised upward.

Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
196
¥ million (year-on-year increase in revenue)
Wording
Definitive
How definitive the wording is.

Contents of this document

Results presentationQ3 FY20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,130 million+21.0%
Operating profit¥203 million+34.4%
Ordinary income¥206 million+49.4%
Net income¥143 million+59.3%
Gross Profit Margin60.7 %
Operating profit margin18 %
Selling, general and administrative expenses¥483 million
Full-year earnings forecast
Net Sales
¥1,570 million
Operating profit
¥313 million
Ordinary income
¥316 million
Net income
¥213 million
ARR
¥1,218 million
New CIERTO contracts
70 projects
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • ARR (recurring SaaS and maintenance)¥123 million
  • New CIERTO licenses¥-51 million
  • New SaaS and maintenance¥39 million
  • New initial fees (SE)¥35 million
  • New development projects (development and SE)¥86 million
  • New SI projects (equipment and SE)¥-36 million
  • Increase in revenue¥196 million
  • Increase in cost of sales¥-105 million
  • Higher SG&A Expenses¥-39 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Full-year plan for new CIERTO contracts70 projects
  • Expected cost reduction from the hybrid model (2027)5 %
  • Expected cost reduction from the hybrid model (2028)10 %
New initiatives
  • Increase staffing in sales, systems engineering and customer success
  • Strengthen sales through 3 distributors
  • Build a distributor network in the APAC region
  • Develop a hybrid cloud model
  • Integration with and use of AI agents
  • Expand alliances targeting the CMS and EC markets
Key KPIsA metric the company considers important as a management benchmark.
  • ARR (primary product: CIERTO)¥1,146 million+30.3%
  • Number of new CIERTO deliveries47 projects+34.3%
  • CIERTO churn rate2.15 %
  • Current number of contracts316 projects
  • Equity ratio75 %
Medium-term management plan targets
  • 2026 revenue plan¥1,520 million
  • 2026 operating profit plan¥301 million
  • 2026 number of new CIERTO contracts70 projects
  • 2026 ARR plan¥1,218 million
Financial targets
  • ROE (actual for the third quarter of 2026)16 %
  • Equity ratio75 %
Market Size / Share
  • Global DAM market size87.08 US$100 million
  • Japan DAM market size2.61 US$100 million
  • Global DAM market CAGR (2023–2028)13 %
  • Japan DAM market CAGR (2023–2028)13.7 %
  • Number of corporate entities targeted by CIERTO102,510 companies
Number of employees
Number of Employees95 people
As ofEnd of September 2026
Hiring planIncrease staff in 2026 by 4 sales employees, 2 systems engineers and 3 customer success employees
Contents of this document
ItemDetails
Document typeResults presentation
Fiscal Period CoveredQ3 FY2026
Net Sales¥1,130 million (YoY +21.0%)
Operating profit¥203 million (YoY +34.4%)
Ordinary income¥206 million (YoY +49.4%)
Net income¥143 million (YoY +59.3%)
Gross Profit Margin60.7 %
Operating profit margin18 %
Selling, general and administrative expenses¥483 million
Full-year earnings forecastNet Sales ¥1,570 million / Operating profit ¥313 million / Ordinary income ¥316 million / Net income ¥213 million / ARR ¥1,218 million / New CIERTO contracts 70 projects
Breakdown of Factors Affecting the ChangeARR (recurring SaaS and maintenance) ¥123 million, New CIERTO licenses ¥-51 million, New SaaS and maintenance ¥39 million, New initial fees (SE) ¥35 million, New development projects (development and SE) ¥86 million, New SI projects (equipment and SE) ¥-36 million, Increase in revenue ¥196 million, Increase in cost of sales ¥-105 million, Higher SG&A Expenses ¥-39 million
Key KPIsARR (primary product: CIERTO) ¥1,146 million (YoY +30.3%), Number of new CIERTO deliveries 47 projects (YoY +34.3%), CIERTO churn rate 2.15 %, Current number of contracts 316 projects, Equity ratio 75 %
Number of employeesNumber of Employees 95 people / As of End of September 2026 / Change during the period Not disclosed / Hiring plan Increase staff in 2026 by 4 sales employees, 2 systems engineers and 3 customer success employees
Assumptions Underlying the Business OutlookFull-year plan for new CIERTO contracts 70 projects, Expected cost reduction from the hybrid model (2027) 5 %, Expected cost reduction from the hybrid model (2028) 10 %
Medium-term management plan targets2026 revenue plan ¥1,520 million, 2026 operating profit plan ¥301 million, 2026 number of new CIERTO contracts 70 projects, 2026 ARR plan ¥1,218 million
Financial targetsROE (actual for the third quarter of 2026) 16 %, Equity ratio 75 %
Market Size / ShareGlobal DAM market size 87.08 US$100 million, Japan DAM market size 2.61 US$100 million, Global DAM market CAGR (2023–2028) 13 %, Japan DAM market CAGR (2023–2028) 13.7 %, Number of corporate entities targeted by CIERTO 102,510 companies
New initiativesIncrease staffing in sales, systems engineering and customer success, Strengthen sales through 3 distributors, Build a distributor network in the APAC region, Develop a hybrid cloud model, Integration with and use of AI agents, Expand alliances targeting the CMS and EC markets
Items this document does not state (13)
Results for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planSegment resultsUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The number of new CIERTO contracts progressed steadily, ARR (recurring SaaS and maintenance) increased, and new SaaS and maintenance, new initial fees, and new development projects grew.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results Presentation for the Third Quarter of the Fiscal Year Ending December 2026 | Visual Processing Japan Co.,Ltd. (334A) timely disclosure | Komori