Cyber Links Q1 Operating Profit Doubles to ¥834m on Government-Cloud Surge

Wakayama-based IT group Cyber Links (TSE: 3683) opened FY12/2026 with first-quarter revenue up 20.9% to ¥5.44 billion and operating profit more than doubling to ¥834 million (+101.3%), driven by a 35% jump in its Government Cloud business as municipalities standardise core systems. Net profit rose 111.4% to ¥573 million. Full-year guidance was left unchanged.

Cyber Links Co., Ltd. office building Cyber Links Co., Ltd. · Tokyo Stock Exchange Standard

Cyber Links Co., Ltd. (TSE: 3683) reported consolidated results for the first quarter of FY12/2026 (January–March 2026). Revenue rose 20.9% to ¥5,440 million, operating profit more than doubled to ¥834 million (+101.3%), recurring profit rose 103.4% to ¥834 million, and net profit attributable to owners climbed 111.4% to ¥573 million. Basic EPS was ¥51.78 versus ¥24.27.

Government Cloud drives the quarter

The Government Cloud segment was the engine, with revenue up 35.0% to ¥2,843 million and segment profit of ¥678 million, as local governments pressed ahead with the central government's mandated standardisation and unification of municipal core systems and invested in disaster-prevention radio. The Distribution (Retail) Cloud segment — home to the "Sendo-net" fresh-produce ordering system and retail EDI services — grew revenue 11.7% to ¥1,368 million (segment profit ¥160 million). The Trust segment, covering electronic certification and contracted development of a national-qualification examination system, saw revenue jump 279.5% to ¥73 million and narrowed its loss to ¥3 million. The Mobile Network segment (NTT docomo shops) was roughly flat at ¥1,154 million (+0.5%), with segment profit of ¥105 million.

Solid balance sheet

Total assets rose to ¥17,074 million and net assets to ¥9,394 million, for an equity ratio of 54.4%.

Full-year guidance unchanged

Cyber Links left its full-year FY12/2026 forecast unchanged: revenue of ¥19,238 million (+6.1%), operating profit of ¥1,909 million (+3.4%), recurring profit of ¥1,900 million (+2.3%) and net profit of ¥1,308 million (+0.3%), with EPS of ¥118.09. For the first half it guides revenue of ¥10,203 million (+15.3%) and operating profit of ¥1,382 million (+39.5%). The planned year-end dividend is ¥35.00, up from ¥30.00.

Cyber Links — Q1 FY12/2026 Key Financials (J-GAAP, consolidated)
MetricQ1 FY12/2026Q1 FY12/2025YoY
Revenue (¥bn)5.444.50+20.9%
Operating profit (¥m)834414+101.3%
Recurring profit (¥m)834410+103.4%
Net profit attrib. (¥m)573271+111.4%
Basic EPS (¥)51.7824.27+113.3%
Equity ratio54.4%57.1%-2.7pp
FY26 revenue guidance (¥bn)19.2418.14+6.1%
FY26 net profit guidance (¥bn)1.311.30+0.3%

JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.