BayCurrent Group announced its consolidated results for the six months ended August 2026. Net income rose 29% year on year to ¥22.2 billion, driven by growing demand for operational efficiency through AI adoption and for cybersecurity-related services.
BayCurrent announced that, on an IFRS basis, net income for the six months ended August 2026 rose 29% year on year to ¥22.2 billion, revenue increased 36% to ¥92.9 billion, and operating income grew 28% to ¥29.8 billion. Demand for support with security measures increased as cyberattacks became more sophisticated, while demand from major financial institutions boosted the adoption of AI-based operational efficiency initiatives.
Consultant headcount increased 31%, and revenue per employee rose 7% as a result of the increase in personnel. AI adoption and cybersecurity-related projects contributed to growth during the period.
In its full-year outlook and medium-term plan announced the same day, the company said it expects full-year revenue for the fiscal year ending February 2027 to rise 28% from the previous fiscal year to ¥190 billion, with operating income of ¥64.8 billion and net income of ¥48.1 billion. Under its medium-term management plan, which ends in the fiscal year ending February 2031, the company aims to increase revenue to ¥500 billion and EBITDA to ¥200 billion.