Worth reading
63In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
12.4
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales23,101¥ millionYear on year +12.4%Progress 82.5%
Operating profit3,858¥ millionYear on year +9.2%Progress 80.4%
Ordinary income4,054¥ millionYear on year +10.5%Progress 82.7%
Net income attributable to owners of the parent2,757¥ millionYear on year -5.4%Progress 81.1%
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¥104.27
Operating Margin16.7%
Financial position at period-end
Total assets28,066¥ million
of which net assets 21,146 ¥ millionEquity ratio 73.6%vs. prior year-end -5.9pt
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.
Cash inflows and outflows
Operating+3,091
Investment-1,619
Financials-1,496
Net change-24
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥8,909 million
Segment revenue
System development and sales13,67159.2%+18.6%
Recurring9,42940.8%+4.4%
Segment profit
System development and sales1,95650.7%+15.0%
Recurring1,90349.3%+3.9%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥28,000 million (YoY +21.2%)
Operating profit¥4,800 million (YoY +24.4%)
Ordinary income¥4,900 million (YoY +20.9%)
Net income¥3,400 million (YoY +21.6%)
Annual Dividend Forecast¥50 → ¥80（+60.0%）
Payout ratio76.7%
Factors Behind Changes in Business Performance
Growth in results was driven by demand for system upgrades from existing customers, new high-value-added solutions, expansion to financial institutions affiliated with regional banks, and an increase in projects related to the standardization of local government information systems.
Disclosure regarding the going concern assumption
No applicable matters
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 Number of companies 3 / Company name 株式会社アイセル, 株式会社ファーストステップ, ブレーン・アシスト株式会社 / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsEffective 1 April 2026, consolidated subsidiary 株式会社アイセル absorbed its wholly owned subsidiary ブレーン・アシスト株式会社 in an absorption-type merger. 株式会社アイセル is the surviving company.
Impairment loss¥49,200 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥121,044 thousand, Gain on step acquisition ¥33,987 thousand / Extraordinary loss Impairment Losses ¥49,200 thousand
Depreciation and amortization¥433,670 thousand
Orders received and order backlogOrders received ¥24,317 million / Order backlog ¥17,512 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End27,911,900
Treasury Shares at Period-End1,448,744
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥23,101 million (YoY +12.4%) |
| Operating profit | ¥3,858 million (YoY +9.2%) |
| Ordinary income | ¥4,054 million (YoY +10.5%) |
| Profit attributable to owners of the parent | ¥2,757 million (YoY -5.4%) |
| Net income per share | ¥104.27 |
| Operating Margin | 16.7% |
| Equity ratio | End of the current fiscal period 73.6% / End of previous period 79.5% |
| Total assets | ¥28,066 million |
| Net assets | ¥21,146 million |
| Cash flows from operating activities | ¥3,091 million |
| Cash flows from investing activities | ¥-1,619 million |
| Cash flows from financing activities | ¥-1,496 million |
| Cash and cash equivalents at end of period | ¥8,909 million |
| Full-year earnings forecast | Net Sales ¥28,000 million (YoY +21.2%) / Operating profit ¥4,800 million (YoY +24.4%) / Ordinary income ¥4,900 million (YoY +20.9%) / Net income ¥3,400 million (YoY +21.6%) |
| Annual Dividend Forecast | ¥50 → ¥80（+60.0%） |
| Payout ratio | 76.7% |
| Segment revenue | System development and sales ¥13,671 million (YoY +18.6%) / Recurring ¥9,429 million (YoY +4.4%) |
| Segment profit | System development and sales ¥1,956 million (YoY +15.0%) / Recurring ¥1,903 million (YoY +3.9%) |
| Orders received and order backlog | Orders received ¥24,317 million / Order backlog ¥17,512 million |
| Depreciation and amortization | ¥433,670 thousand |
| Impairment loss | ¥49,200 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥121,044 thousand, Gain on step acquisition ¥33,987 thousand / Extraordinary loss Impairment Losses ¥49,200 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 3 / Company name 株式会社アイセル, 株式会社ファーストステップ, ブレーン・アシスト株式会社 / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | Effective 1 April 2026, consolidated subsidiary 株式会社アイセル absorbed its wholly owned subsidiary ブレーン・アシスト株式会社 in an absorption-type merger. 株式会社アイセル is the surviving company. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 27,911,900 |
| Treasury Shares at Period-End | 1,448,744 |
| Factors Behind Changes in Business Performance | Growth in results was driven by demand for system upgrades from existing customers, new high-value-added solutions, expansion to financial institutions affiliated with regional banks, and an increase in projects related to the standardization of local government information systems. |
Items this document does not state (3)
Revision to Earnings ForecastShareholder Return PolicyRegional sales
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 company states that growth in results was driven by capturing demand for system upgrades from existing customers, launching new high-value-added solutions, expanding sales to financial institutions affiliated with regional banks, and an increase in projects related to the standardization of local government information systems.
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.