FY2026 Full-Year Financial Results Presentation | BayCurrent,Inc. (6532) timely disclosure

Worth reading

70In focus

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

27.8

Year-on-year change in net sales (%)

Wording

Conditional

How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFY2026 full year and FY2027 full-year forecast12 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥148,332 million+27.8%

Operating profit¥50,931 million+19.5%

Net income¥37,840 million+23.0%

Operating profit margin34.3 %

Results for the three months of the current quarter

Net Sales

¥42,396 million

EBITDA

¥16,216 million

Full-year earnings forecast

FY2027

Net Sales

¥190,000 million

Operating profit

¥64,800 million

EBITDA

¥66,500 million

Profit for the period

¥48,100 million

EPS

¥323.79

What the company explained in this material

Self-assessment against the planThe company's self-assessment against its own plan.

Broadly in line with the plan

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.

Number of consultantsApproximately 7,000 at the end of FY2027, up approximately 25% year on year

Number of projectsUp approximately 25% year on year

Utilization rate80-90%

Revenue per consultantApproximately 5% improvement on a full-year average basis

EBITDA margin30-40%

New initiatives

Continue active hiring and employee development
Strengthen the core-client strategy and sales structure
Launch a technology subsidiary to strengthen the DX/IT implementation business
Expand the company’s track record and capabilities in generative AI-related support
Return excess cash, primarily through share buybacks

Key KPIsA metric the company considers important as a management benchmark.

Number of consultants5,590 People
Year on year against the same period last year+16.8%
Number of projects
Year on year against the same period last year+20.7%
Utilization rateMid-80% range
Revenue per consultant

Unit price and quantity metricsThese figures show sales broken down by price and volume.

Revenue per consultantApproximately 4% above the plan in FY2026; projected to improve by approximately 5% in FY2027 compared with FY2026

Medium-term management plan targets

FY2029 revenue

¥250,000 million

FY2029 EBITDA margin

30-40

FY2024–FY2029 revenue CAGR

Approximately 20

Comparison with actual resultsFY2026 revenue: ¥148,332 million; FY2027 revenue forecast: ¥190,000 million

Financial targets

EBITDA margin

Target30-40%

FY2026 actual35.1%

FY2027 forecast35.0%

Market Size / Share

Domestic consulting market sizeApproximately ¥2 trillion

Domestic consulting market CAGRApproximately 10% (2024–2029)

Number of consultants in JapanApproximately 70,000

Domestic DX investmentApproximately ¥14.4 trillion

Domestic AI investmentApproximately ¥144 billion

Number of employees

Total employees

6,768 People

Year on year against the same period last year+25.0%

Changes during the period and hiring planTotal employees projected at approximately 8,500 in FY2027, up approximately 25% year on year

Annual Dividend

FY2026

Annual¥100 per share

Interim¥50 per share

End of period¥50 per share

FY2027

Annual¥130 per share

Interim¥65 per share

End of period¥65 per share

Payout ratio

40 %

NotesReference levels

Acquisition of treasury shares

Up to approximately ¥30 billion

Publication date18 March 2026

Contents of this document
Item	Details
Document type	Presentation materials for financial results
Fiscal Period Covered	FY2026 full year and FY2027 full-year forecast
Net Sales	¥148,332 million (YoY +27.8%)
Operating profit	¥50,931 million (YoY +19.5%)
Net income	¥37,840 million (YoY +23.0%)
Operating profit margin	34.3 %
Results for the three months of the current quarter	Net Sales ¥42,396 million / EBITDA ¥16,216 million
Full-year earnings forecast	FY2027 Net Sales ¥190,000 million / Operating profit ¥64,800 million / EBITDA ¥66,500 million / Profit for the period ¥48,100 million / EPS ¥323.79
Self-assessment against the plan	Broadly in line with the plan
Key KPIs	Indicator name Number of consultants / Value 5,590 People / Year on year against the same period last year 16.8 People, Indicator name Number of projects / Value Not disclosed / Year on year against the same period last year 20.7, Indicator name Utilization rate / Value Mid-80% range / Year on year against the same period last year Not disclosed, Indicator name Revenue per consultant / Value Not disclosed / Year on year against the same period last year Not disclosed
Unit price and quantity metrics	Revenue per consultant Approximately 4% above the plan in FY2026; projected to improve by approximately 5% in FY2027 compared with FY2026
Number of employees	Total employees 6,768 People / Year on year against the same period last year 25 / Changes during the period and hiring plan Total employees projected at approximately 8,500 in FY2027, up approximately 25% year on year
Assumptions Underlying the Business Outlook	Number of consultants Approximately 7,000 at the end of FY2027, up approximately 25% year on year / Number of projects Up approximately 25% year on year / Utilization rate 80-90% / Revenue per consultant Approximately 5% improvement on a full-year average basis / EBITDA margin 30-40%
Medium-term management plan targets	FY2029 revenue ¥250,000 million / FY2029 EBITDA margin 30-40 / FY2024–FY2029 revenue CAGR Approximately 20 / Comparison with actual results FY2026 revenue: ¥148,332 million; FY2027 revenue forecast: ¥190,000 million
Financial targets	EBITDA margin Target 30-40% / FY2026 actual 35.1% / FY2027 forecast 35.0%
Annual Dividend	FY2026 Annual ¥100 per share / Interim ¥50 per share / End of period ¥50 per share / FY2027 Annual ¥130 per share / Interim ¥65 per share / End of period ¥65 per share
Payout ratio	40 %
Acquisition of treasury shares	Amount Up to approximately ¥30 billion / Publication date 18 March 2026 / Period Not disclosed
Market Size / Share	Domestic consulting market size Approximately ¥2 trillion / Domestic consulting market CAGR Approximately 10% (2024–2029) / Number of consultants in Japan Approximately 70,000 / Domestic DX investment Approximately ¥14.4 trillion / Domestic AI investment Approximately ¥144 billion
New initiatives	Continue active hiring and employee development, Strengthen the core-client strategy and sales structure, Launch a technology subsidiary to strengthen the DX/IT implementation business, Expand the company’s track record and capabilities in generative AI-related support, Return excess cash, primarily through share buybacks

Items this document does not state (11)

Ordinary incomeGross Profit MarginSelling, general and administrative expensesProgress against full-year forecastSegment resultsBreakdown of Factors Affecting the ChangeNumber of stores and locationsRisk amount incorporated into the outlookCapital 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.

In FY2026, the number of projects increased in response to consulting demand centered on DX and generative AI. The number of consultants also increased through active hiring and employee development, and revenue per consultant exceeded the plan by approximately 4%. Meanwhile, hiring, training and personnel expenses exceeded the plan because hiring exceeded expectations. In FY2027, the company expects demand to continue against a backdrop of investment in DX and generative AI and a shortage of specialized talent, while also strengthening hiring and employee development, its core-client strategy and its sales structure.

How to read this page

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