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Earnings3799Keyware Solutions Inc.Information and Communications, Services and Others

Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

First-quarter revenue declined 2.8% year on year, while operating income, ordinary income and net income all turned from profit in the prior-year period to loss. The full-year earnings forecast remains unchanged, and the annual dividend forecast has been raised to ¥40 from the previous fiscal year's actual dividend of ¥34.

Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-134
¥ million (operating loss)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales4,989¥ millionYear on year -2.8%Progress 20.8%
Operating profit-134¥ million
Ordinary income-87¥ million
Net income attributable to owners of the parent-67¥ million

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share-¥8.10
Financial position at period-end
Total assets10,824¥ million
of which net assets 7,835 ¥ millionEquity ratio 72.4%vs. prior year-end +5.8pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Segment revenue
Systems development business2,89458.0%-4.7%
SI Business1,54330.9%+2.6%
Other Businesses55111.0%-7.0%
Segment profit
Systems development business-86
SI Business-17
Other Businesses-25
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥24,000 million (YoY +5.6%)
Operating profit¥1,200 million (YoY +6.1%)
Ordinary income¥1,230 million (YoY +2.8%)
Profit attributable to owners of the parent¥810 million (YoY +1.0%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥34 → ¥40
Factors Behind Changes in Business Performance

Orders received increased 2.3% year on year, while revenue declined 2.8%. In the system development business, the downsizing of IoT-related projects affected the decline in revenue, while in the other business, weak performance in support services and sales had an impact. Each business recorded a loss due in part to higher general and administrative expenses associated with preparations for the head-office relocation.

Disclosure regarding the going concern assumption

Not applicable.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Breakdown of extraordinary income (loss)Extraordinary income ¥0 thousand / Extraordinary loss Not disclosed
Depreciation and amortization¥35,252 thousand
Orders received and order backlogOrders received ¥4,850,253 thousand / Order backlog ¥5,496,941 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End9,110,000 shares
Treasury Shares at Period-End748,673 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥4,989 million (YoY -2.8%)
Operating profit¥-134 million
Ordinary income¥-87 million
Profit attributable to owners of the parent¥-67 million
Net income per share-¥8.10
Equity ratioEnd of the current fiscal period 72.4 / End of previous period 66.6
Total assets¥10,824 million
Net assets¥7,835 million
Full-year earnings forecastNet Sales ¥24,000 million (YoY +5.6%) / Operating profit ¥1,200 million (YoY +6.1%) / Ordinary income ¥1,230 million (YoY +2.8%) / Profit attributable to owners of the parent ¥810 million (YoY +1.0%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥34 → ¥40
Segment revenueSystems development business ¥2,894 million (YoY -4.7%) / SI Business ¥1,543 million (YoY +2.6%) / Other Businesses ¥551 million (YoY -7.0%)
Segment profitSystems development business ¥-86 million / SI Business ¥-17 million / Other Businesses ¥-25 million
Orders received and order backlogOrders received ¥4,850,253 thousand / Order backlog ¥5,496,941 thousand
Depreciation and amortization¥35,252 thousand
Breakdown of extraordinary income (loss)Extraordinary income ¥0 thousand / Extraordinary loss Not disclosed
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End9,110,000 shares
Treasury Shares at Period-End748,673 shares
Factors Behind Changes in Business PerformanceOrders received increased 2.3% year on year, while revenue declined 2.8%. In the system development business, the downsizing of IoT-related projects affected the decline in revenue, while in the other business, weak performance in support services and sales had an impact. Each business recorded a loss due in part to higher general and administrative expenses associated with preparations for the head-office relocation.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesImpairment lossMaterial subsequent events

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.

In addition to lower revenue, the results were affected by the downsizing of IoT-related projects, weak performance in support services and sales, and higher general and administrative expenses associated with preparations for the planned relocation of the head office in August 2026.

How to read this page

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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 for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Keyware Solutions Inc. (3799) timely disclosure | Komori