Sansan, Inc. (TSE: 4443) reported consolidated FY5/2026 results under Japanese GAAP. Revenue rose 24.4% to ¥53,761 million; adjusted operating profit rose 137.0% to ¥8,427 million; operating profit rose 192.3% to ¥8,185 million; ordinary profit rose 197.8% to ¥8,170 million; and net profit attributable to owners surged to ¥6,778 million from ¥424 million. Basic EPS was ¥53.58 (prior ¥3.36).
A decisive profitability inflection
The year marked a decisive profitability inflection: the operating margin expanded to 15.2% from 6.5% as recurring subscription revenue scaled well ahead of costs. Growth was led by the flagship Sansan contact-management cloud and the fast-scaling Bill One invoice-management service, alongside the Eight business-networking app.
Strong cash generation
Total assets were ¥54,958 million and net assets ¥21,094 million, an equity ratio of 36.4%; book value per share was ¥158.56. Operating cash flow reached ¥9,641 million against a modest ¥608 million investing outflow, and period-end cash was ¥36,849 million. The group removed Logmi Inc. from its scope of consolidation during the year.
The first-ever dividend
Reflecting the profit inflection, Sansan declared its first dividend — ¥2.50 per share for FY5/2026 (year-end) — a payout ratio of 4.7%. Management guides ¥5.00 (¥2.50 interim + ¥2.50 year-end) for FY5/2027.
FY27 guidance: double-digit growth again
For FY5/2027 the company guides — in a range — revenue of ¥63,706–65,319 million (+18.5% to +21.5%), operating profit of ¥12,514–14,464 million (+52.9% to +76.7%) and net profit of ¥8,376–10,221 million (+23.6% to +50.8%), with EPS of ¥66.41–81.04.
| Metric | FY5/2026 | FY5/2025 | YoY |
|---|---|---|---|
| Revenue (¥ billion) | 53.76 | 43.20 | +24.4% |
| Adjusted operating profit (¥ billion) | 8.43 | 3.56 | +137.0% |
| Operating profit (¥ billion) | 8.19 | 2.80 | +192.3% |
| Ordinary profit (¥ billion) | 8.17 | 2.74 | +197.8% |
| Net profit attrib. to owners (¥ billion) | 6.78 | 0.42 | +1,499% |
| Basic EPS (¥) | 53.58 | 3.36 | +1,495% |
| Annual dividend (¥) | 2.50 | 0.00 | First dividend |
| FY27 operating profit guidance (¥ billion) | 12.51–14.46 | — | +53% to +77% |
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.