NEO JAPAN Inc. (TSE: 3921) — developer of the "desknet's NEO" groupware suite and "ChatLuck" business-chat tool, sold to enterprises and government bodies on both cloud (SaaS) and on-premise models — reported first-quarter results on June 11, 2026 for the three months to April 2026 (fiscal year ends January). Revenue rose 4.1% year-on-year to ¥2,077 million, operating profit gained 6.2% to ¥683 million, ordinary profit advanced 9.0% to ¥713 million, and net profit attributable to owners rose 9.0% to ¥487 million, lifting EPS to ¥34.78 from ¥31.97.
Recurring SaaS revenue drives steady margin gains
Profit grew faster than revenue, reflecting the operating leverage of a subscription software model as the installed base of "desknet's NEO" seats expands. The balance sheet remains debt-light, with total assets of ¥10,366 million, net assets of ¥7,573 million and an equity ratio of 73.0%. The company plans an annual dividend of ¥54.00, up from ¥52.00 the prior year.
Full-year guidance unchanged
For the full year to January 2027 NEO JAPAN guided revenue of ¥8,619 million (+4.7%), operating profit of ¥2,680 million (+7.3%), ordinary profit of ¥2,742 million (+5.1%) and net profit of ¥1,876 million (+3.7%), equivalent to EPS of ¥133.88. The first quarter tracked broadly in line with that plan.
Japanese demand for domestically-developed collaboration and groupware software remains resilient as organisations continue digital-workplace investment, supporting NEO JAPAN's mid-single-digit revenue growth and steady profitability.
| Metric | Q1 FY2027 | Q1 FY2026 | YoY |
|---|---|---|---|
| Revenue (¥m) | 2,077 | 1,996 | +4.1% |
| Operating profit (¥m) | 683 | 644 | +6.2% |
| Ordinary profit (¥m) | 713 | 654 | +9.0% |
| Net profit (¥m) | 487 | 447 | +9.0% |
| EPS (¥) | 34.78 | 31.97 | +8.8% |
| Equity ratio | 73.0% | 69.9% | — |
| FY2027 guidance — revenue (¥m) | 8,619 | — | +4.7% |
| FY2027 guidance — net profit (¥m) | 1,876 | — | +3.7% |
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.