TKC announced full-year results for its 60th fiscal year on 11 November 2026. Revenue was ¥87.541 billion, operating profit was ¥17.845 billion, ordinary profit was ¥18.52 billion, and net income attributable to owners of the parent was ¥13.551 billion, with all four reaching new record highs.
TKC released full-year results for its 60th fiscal year, reporting consolidated revenue of ¥87.541 billion, operating profit of ¥17.845 billion, ordinary profit of ¥18.52 billion, and net income of ¥13.551 billion, all of which reached new record highs. Annual dividends per share are expected to be ¥126, marking the 12th consecutive dividend increase.
The local government business segment recorded revenue of ¥30.425 billion and operating profit of ¥6.337 billion, representing substantial profit growth. The completion of standard-specification compliance and Government Cloud migration for 164 entities, comprising 48 cities, 99 towns, and 17 villages, before the transition deadline contributed to performance. Consulting revenue related to standardisation demand grew significantly, while hardware revenue declined.
The accounting firm business segment posted revenue of ¥53.957 billion and operating profit of ¥11.357 billion, with revenue growth but lower profit. The company explained that an increase in company-wide performance-linked bonuses was a temporary factor, while the end of demand for the transition to Windows 11 and shortages of PC inventory also had an impact.
For the fiscal year ending September 2027, the company forecasts revenue of ¥87.6 billion, operating profit of ¥17.9 billion, ordinary profit of ¥18.55 billion, and net income attributable to owners of the parent of ¥12.8 billion. The company expects to offset the decline following the demand peak through the full-scale monetisation of AI agents, contracted Government Cloud operations support, and revisions to its pricing structure. Net income, however, is expected to decline year on year.
Management is targeting ROE of at least 11% and a contribution margin of at least 70%, and has set total payout ratio, combining a 50% dividend payout ratio with share buybacks, at 110.7%. The market is closely watching the reversal of special demand in the local government business and the contribution from AI-related products.