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Financial results presentation3565Ascentech K.K.Trading & Wholesale

Financial Results Briefing Materials for the Second Quarter of the Fiscal Year Ending January 2027

For the first half of the fiscal year ending January 2027, revenue was ¥7.902 billion and operating profit was ¥862 million. Revenue and operating profit were broadly in line with the first-half plan. Ordinary profit fell short of plan due to the impact of foreign exchange losses and the deferral of profit resulting from the valuation of long-term accounts receivable, while net income exceeded plan due to extraordinary income.

Worth reading
74In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
27.1
Year-on-year decline in revenue (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFiscal year ending January 2027, second quarter (cumulative)8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥7,902 million-27.1%
Operating profit¥862 million-21.5%
Ordinary income¥773 million-30.8%
Net income¥752 million-2.7%
Operating profit margin10.9 %
Results for the three months of the current quarter
Ordinary income
¥481 million
DetailsQ2 underlying ordinary profit
Full-year earnings forecast
Net Sales
¥17,500 million
Ordinary income
¥2,100 million
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales45.2 %
Operating profit43.1 %
Ordinary income36.8 %
Net income for the current fiscal year52.6 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue and operating profit were broadly in line with the first-half plan, ordinary profit fell short of budget, and net income is ahead of the forecast plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Q2 cumulative ordinary profit¥773 million
Q1 valuation loss on USD-denominated debt¥-471 million
Q2 underlying ordinary profit¥481 million
Deferral of profit on long-term accounts receivable in Q2¥-123 million
Q2 valuation gain on USD-denominated debt¥52 million
Q2 cumulative valuation loss¥-419 million
Q2 cumulative underlying ordinary profit¥1,315 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Exchange rate
Rate at fiscal year-end January 2026¥153.58
Rate at end-July 2026¥160.72
New initiatives
  • Announcement of the on-premises AI platform Edge AI Array
  • Announcement of the on-premises AI solution SapiaBox
  • Forcepoint business development
  • Business partnership with 株式会社レトリバ
  • Business partnership and distributor agreement with パイオリンク社
  • Announcement of a new AMD version of Remote PC Array
  • Domestic exclusive distribution agreement for EAA with SB C&S
  • Participation in the AI Gateway Project Glasswing
Key KPIsA metric the company considers important as a management benchmark.
  • Cumulative Remote PC Array installations130 Units
  • Remote PC array order backlog272 Units
    Year on year against the same period last yearRecord high
  • Actuals plus order backlog against the annual Remote PC Array target402 Units
  • Recurring revenue (order basis)¥1,199 million
  • Stock revenue (on a revenue basis)¥1,180 million
Segment results
Virtual desktops
¥3,744 million-61.5%
Cloud infrastructure
¥1,933 million+95.6%
Zero-trust security
¥2,224 million+1,512.8%
Orders received and order backlog
Remote PC array order backlog
272 Units
Number of employees
Number of Employees88 on a non-consolidated basis, 177 on a consolidated basis
Record date31 January 2026
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFiscal year ending January 2027, second quarter (cumulative)
Net Sales¥7,902 million (YoY -27.1%)
Operating profit¥862 million (YoY -21.5%)
Ordinary income¥773 million (YoY -30.8%)
Net income¥752 million (YoY -2.7%)
Operating profit margin10.9 %
Results for the three months of the current quarterOrdinary income ¥481 million
Full-year earnings forecastNet Sales ¥17,500 million / Operating profit Not disclosed / Ordinary income ¥2,100 million / Net income for the current fiscal year Not disclosed
Progress against full-year forecastNet Sales 45.2 % / Operating profit 43.1 % / Ordinary income 36.8 % / Net income for the current fiscal year 52.6 %
Self-assessment against the planRevenue and operating profit were broadly in line with the first-half plan, ordinary profit fell short of budget, and net income is ahead of the forecast plan
Segment resultsVirtual desktops ¥3,744 million (YoY -61.5%) / Cloud infrastructure ¥1,933 million (YoY +95.6%) / Zero-trust security ¥2,224 million (YoY +1,512.8%)
Breakdown of Factors Affecting the ChangeQ2 cumulative ordinary profit ¥773 million / Q1 valuation loss on USD-denominated debt ¥-471 million / Q2 underlying ordinary profit ¥481 million / Deferral of profit on long-term accounts receivable in Q2 ¥-123 million / Q2 valuation gain on USD-denominated debt ¥52 million / Q2 cumulative valuation loss ¥-419 million / Q2 cumulative underlying ordinary profit ¥1,315 million
Key KPIsCumulative Remote PC Array installations 130 Units, Remote PC array order backlog 272 Units, Actuals plus order backlog against the annual Remote PC Array target 402 Units, Recurring revenue (order basis) ¥1,199 million, Stock revenue (on a revenue basis) ¥1,180 million
Number of employeesNumber of Employees 88 on a non-consolidated basis, 177 on a consolidated basis / Record date 31 January 2026 / Change during the period Not disclosed
Assumptions Underlying the Business OutlookExchange rate Rate at fiscal year-end January 2026 ¥153.58 / Rate at end-July 2026 ¥160.72
Orders received and order backlogRemote PC array order backlog 272 Units
New initiativesAnnouncement of the on-premises AI platform Edge AI Array, Announcement of the on-premises AI solution SapiaBox, Forcepoint business development, Business partnership with 株式会社レトリバ, Business partnership and distributor agreement with パイオリンク社, Announcement of a new AMD version of Remote PC Array, Domestic exclusive distribution agreement for EAA with SB C&S, Participation in the AI Gateway Project Glasswing
Items this document does not state (13)
Gross Profit MarginSelling, general and administrative expensesUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresMarket Size / ShareKey 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.

Although the company won a large order in the zero-trust security business and expanded its cloud infrastructure business, ordinary profit was affected by a ¥419 million foreign exchange loss from the fair value valuation of dollar-denominated liabilities and ¥302 million of deferred profit resulting from the present-value valuation of long-term accounts receivable. Net income exceeded the first-half budget due to extraordinary income associated with the acquisition of investee Numecent.

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Financial Results Briefing Materials for the Second Quarter of the Fiscal Year Ending January 2027 | Ascentech K.K. (3565) timely disclosure | Komori