In Avant Group's fiscal year ended June 2026, revenue exceeded ¥30.4 billion to reach a record high, while net income fell 13% year on year. The BE GLOBAL 2028 medium-term plan was behind target after 3 years, with a recovery at AVANT expected to progress.
For the fiscal year ended June 2026, Avant Group's revenue reached a record ¥30.481 billion. Net income attributable to owners of the parent was ¥2.985 billion, down 13.1% year on year. Revenue and operating profit increased, but the initial forecast was not achieved, affected by the reversal of gains on the sale of investment securities and fees paid in connection with the acquisition of treasury shares.
By segment, DIVA performed well, reporting revenue of ¥9.648 billion and operating profit of ¥2.923 billion, while AVANT's operating profit fell sharply to ¥1.129 billion due in part to the recording of a provision for loss on orders. ZEAL maintained revenue growth, but overall profitability declined.
BE GLOBAL 2028 is a 5-year medium-term plan that began in 2024. After 3 years, revenue, operating profit and net income had each reached only approximately 1.4 times their starting levels, while software gross profit was 1.2 times, showing particularly significant delays. CEO Morikawa indicated a policy of accelerating the rebuilding of AVANT and strengthening in-house development and group management.
The consolidated forecast for the fiscal year ending June 2027 calls for revenue of ¥32.8 billion, operating profit of ¥5 billion and net income of ¥3.45 billion. In substance, the plan calls for achievement of the target level set 1 year earlier, with a 1-year delay. The dividend is expected to increase to ¥34, while the total payout ratio is expected to remain high.