Confirm continued growth in recurring SOC revenue and the pace of revenue growth in FY2027-H1

SOC service revenue increased from ¥1,185.2 million in FY2024 to ¥1,442.0 million in FY2025 and ¥1,767.7 million in FY2026, representing a 22.6% year-on-year increase in FY2026. Consulting services also generated ¥565.9 million in FY2026, up 13.0% year on year. In addition to recurring revenue from monitoring and operations, new projects and incident response have supplemented growth.

Company-wide revenue in FY2027-Q1 was ¥591 million, up 10.0% year on year. By service, SOC services generated ¥465 million and consulting services ¥125 million. The SOC service breakdown included ¥185 million from SOC monitoring, ¥55 million from EDR monitoring, ¥148 million from monitoring of the company’s own products and ¥56 million from Microsoft monitoring. Q1 progress against the full-year revenue forecast of ¥2,740 million was 21.6%, below the simple quarterly elapsed-period ratio of 25%, although the company assessed Q1 as broadly in line with plan.

To achieve 50% of the full-year forecast on a simple basis in FY2027-H1, cumulative revenue of ¥1,370 million is one benchmark. Based on Q1 revenue of ¥591 million, approximately ¥779 million would be required in Q2 alone. This is a mechanical benchmark based on an even allocation of the full-year plan, not the company’s disclosed H1 forecast, but it provides a basis for measuring the extent to which new monitoring projects and spot projects accumulate in Q2. In the next results announcement, we will also check whether the change in ARR from the previous fiscal year-end, the recurring-revenue ratio and the growth in revenue by service category continue to be disclosed, along with orders received and order backlog.