In the first quarter of the fiscal year ending March 2027, revenue was largely flat at ¥4.5 billion, while operating profit and ordinary profit both declined year on year to ¥360 million. Net profit increased to ¥220 million.
CUBE SYSTEM INC. (securities code 2335) announced in its earnings report for the first quarter of the fiscal year ending March 2027 that revenue rose 0.1% year on year to ¥4.5 billion, operating profit was ¥360 million, ordinary profit was ¥360 million, and net profit was ¥220 million, with net profit up 10.9% year on year. Expanded orders for AI utilization support and modernization projects contributed, while resource optimization also had an impact.
The company is an IT services provider focused on digital business and systems integration, operating as a single segment. During April–June 2026, profitability deteriorated on certain large projects because of delays in establishing project structures amid strong orders for some projects. The earnings report characterized first-quarter revenue as largely flat and profitability as lower.
On the balance sheet, total assets were ¥14.2 billion, down 4.3% from the end of the previous fiscal year, or ¥630 million. Although accounts receivable and contract assets declined 21.5% from the end of the previous fiscal year, cash and deposits increased 4.8%. Net assets were ¥11.1 billion, and the equity ratio improved to 78.2%.
No quarterly consolidated cash flow statement was prepared. Depreciation and amortization rose significantly to ¥46 million from ¥16 million in the same period a year earlier. The full-year outlook calls for revenue of ¥20 billion, up 8.1% year on year, operating profit of ¥1.8 billion, up 15.5%, ordinary profit of ¥1.8 billion, up 14.4%, and net profit attributable to owners of the parent of ¥1.5 billion, down 4.1%. The full-year forecast is unchanged. Cumulative first-half forecasts are revenue of ¥9.3 billion, up 1.7% year on year, and operating profit of ¥740 million, up 1.4% year on year.
For shareholder returns, the company plans an annual dividend of ¥46 per share for the fiscal year ending March 2027, comprising an interim dividend of ¥22 and a year-end dividend of ¥24, the same level as the previous fiscal year's actual dividend.