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Presentation materials for financial results4417Global Security Experts Inc.Information and Communications, Services and Others

Earnings Presentation Materials for the Fiscal Year Ending March 2026

Revenue and operating profit both reached record highs in the fiscal year ended March 2026, increasing 25.2% and 38.6%, respectively, from the previous fiscal year. For the fiscal year ending March 2027, the Company forecasts revenue growth of 25.0% and operating profit growth of 31.3%, and outlined its strategy for expanding AI-enabled services and pursuing growth.

Worth reading
76Important
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
25.2
Year-on-year change in revenue (%)
Wording
Definitive
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFiscal year ending March 2026, full year12 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥11,022 million+25.2%
Operating profit¥2,238 million+38.6%
Ordinary income¥2,222 million+42.2%
Net income¥1,486 million+47.2%
Gross Profit Margin36.2%
Operating profit margin20.3%
Selling, general and administrative expenses¥1,757 million
Full-year earnings forecast
Net Sales
¥13,778 million
Operating profit
¥2,939 million
Ordinary income
¥2,973 million
Net income for the current fiscal year
¥1,998 million
EPS
¥132.74
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Achieved the 25% revenue growth target set out in the medium-term management plan as planned
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Company-wide revenue growth effect¥928 million
    DirectionIncreased
  • Investment in human capital (personnel expenses and outsourced personnel costs)¥218 million
    DirectionDecreased
  • Increase in Advertising Expenses¥19 million
    DirectionDecreased
  • Other¥67 million
    DirectionDecreased
New initiatives
  • Launch of the “Security Document Assessment” service combining AI and consulting
  • Development of the “SecOps.AI” integrated AI tool for security operations
  • Release of multiple new AI-related cybersecurity education courses
  • Development of an AI-enabled educational content development model
  • Expand sales channels through alliances with regional banks
  • Establishment of Japan Cybersecurity Fund I
Key KPIsA metric the company considers important as a management benchmark.
  • Customer Base1,588 companies
    Year on year against the same period last yearIncreased
  • Annual number of course participants12,939 People
    Year on year against the same period last yearIncreased
  • Cumulative number of course participants (for IT and non-cybersecurity professionals)23,599 People
  • Cumulative number of course participants (for cybersecurity professionals)10,442 People
  • Cumulative number of companies adopting the targeted email attack simulation service11,000 companies or more
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • New customers566 companies
    Year on year against the same period last yearIncreased
  • Existing customers1,022 companies
    Year on year against the same period last yearIncreased
  • ARPU from new customers¥2.8 million
    Year on year against the same period last yearIncreased
  • ARPU from existing customers¥9.3 million
    Year on year against the same period last yearIncreased
Segment results
  • Cyber security business
    Net Sales¥7,197 million
    Year-on-year change in revenue+16.4%
    Gross profit¥2,638 million
    Gross profit year-on-year+23.6%
  • Security education business
    Net Sales¥1,498 million
    Year-on-year change in revenue+50.2%
    Gross profit¥631 million
    Gross profit year-on-year+30.9%
  • Security personnel business
    Net Sales¥2,416 million
    Year-on-year change in revenue+42.1%
    Gross profit¥749 million
    Gross profit year-on-year+48.3%
Medium-term management plan targets
Sales growth rate25% annually
Operating profit margin+1.0 percentage point annually
Target fiscal yearTrend through the fiscal year ending March 2028 presented
Financial targets
Equity ratio
Actual results44.2%
Year on year against the same period last year+6.4pt
Market Size / Share
Network security business market size
FY20185,016 Hundreds of millions of yen
FY2025 forecast7,727 Hundreds of millions of yen
Market Growth RateCAGR 6.4%
Targeted email attack simulation serviceLeading market share, with more than 11,000 cumulative adopting companies
Number of employees
Consolidated221 People
Non-consolidated187 People
As ofEnd of March 2026
New graduate employees13 People
Annual Dividend
Fiscal year ending March 2026
Annual¥34.6
Interim¥16.36
End of period¥18.24
Forecast for the fiscal year ending March 2027
Annual¥49.11
Interim¥24.55
End of period¥24.56
Payout ratio
Fiscal year ending March 202635.0%
Forecast for the fiscal year ending March 202737.0%
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFiscal year ending March 2026, full year
Net Sales¥11,022 million (YoY +25.2%)
Operating profit¥2,238 million (YoY +38.6%)
Ordinary income¥2,222 million (YoY +42.2%)
Net income¥1,486 million (YoY +47.2%)
Gross Profit Margin36.2%
Operating profit margin20.3%
Selling, general and administrative expenses¥1,757 million
Full-year earnings forecastNet Sales ¥13,778 million / Operating profit ¥2,939 million / Ordinary income ¥2,973 million / Net income for the current fiscal year ¥1,998 million / EPS ¥132.74
Self-assessment against the planAchieved the 25% revenue growth target set out in the medium-term management plan as planned
Segment resultsSegment Cyber security business / Net Sales ¥7,197 million / Year-on-year change in revenue +16.4% / Gross profit ¥2,638 million / Gross profit year-on-year +23.6%, Segment Security education business / Net Sales ¥1,498 million / Year-on-year change in revenue +50.2% / Gross profit ¥631 million / Gross profit year-on-year +30.9%, Segment Security personnel business / Net Sales ¥2,416 million / Year-on-year change in revenue +42.1% / Gross profit ¥749 million / Gross profit year-on-year +48.3%
Breakdown of Factors Affecting the ChangeFactors Company-wide revenue growth effect / Amount ¥928 million / Direction Increased, Factors Investment in human capital (personnel expenses and outsourced personnel costs) / Amount ¥218 million / Direction Decreased, Factors Increase in Advertising Expenses / Amount ¥19 million / Direction Decreased, Factors Other / Amount ¥67 million / Direction Decreased
Key KPIsIndicator name Customer Base / Value 1,588 companies / Year on year against the same period last year Increased, Indicator name Annual number of course participants / Value 12,939 People / Year on year against the same period last year Increased, Indicator name Cumulative number of course participants (for IT and non-cybersecurity professionals) / Value 23,599 People / Year on year against the same period last year Not disclosed, Indicator name Cumulative number of course participants (for cybersecurity professionals) / Value 10,442 People / Year on year against the same period last year Not disclosed, Indicator name Cumulative number of companies adopting the targeted email attack simulation service / Value 11,000 companies or more / Year on year against the same period last year Not disclosed
Unit price and quantity metricsIndicator name New customers / Value 566 companies / Year on year against the same period last year Increased, Indicator name Existing customers / Value 1,022 companies / Year on year against the same period last year Increased, Indicator name ARPU from new customers / Value ¥2.8 million / Year on year against the same period last year Increased, Indicator name ARPU from existing customers / Value ¥9.3 million / Year on year against the same period last year Increased
Number of employeesConsolidated 221 People / Non-consolidated 187 People / As of End of March 2026 / Additions during the period Not disclosed / New graduate employees 13 People
Medium-term management plan targetsSales growth rate 25% annually / Operating profit margin +1.0 percentage point annually / Target fiscal year Trend through the fiscal year ending March 2028 presented
Financial targetsEquity ratio Actual results 44.2% / Year on year against the same period last year +6.4pt
Annual DividendFiscal year ending March 2026 Annual ¥34.6 / Interim ¥16.36 / End of period ¥18.24 / Forecast for the fiscal year ending March 2027 Annual ¥49.11 / Interim ¥24.55 / End of period ¥24.56
Payout ratioFiscal year ending March 2026 35.0% / Forecast for the fiscal year ending March 2027 37.0%
Market Size / ShareNetwork security business market size FY2018 5,016 Hundreds of millions of yen / FY2025 forecast 7,727 Hundreds of millions of yen / Market Growth Rate CAGR 6.4% / Targeted email attack simulation service Leading market share, with more than 11,000 cumulative adopting companies
New initiativesLaunch of the “Security Document Assessment” service combining AI and consulting, Development of the “SecOps.AI” integrated AI tool for security operations, Release of multiple new AI-related cybersecurity education courses, Development of an AI-enabled educational content development model, Expand sales channels through alliances with regional banks, Establishment of Japan Cybersecurity Fund I
Items this document does not state (9)
Results for the three months of the current quarterProgress against full-year forecastNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition 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.

Higher gross profit margins driven by the use of AI across each business, upselling and cross-selling, winning more projects from upper-mid-market customers, and an increase in the customer base all contributed. Company-wide revenue growth exceeding the increases in investment in human capital and advertising expenses also lifted operating profit.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Earnings Presentation Materials for the Fiscal Year Ending March 2026 | Global Security Experts Inc. (4417) timely disclosure | Komori