• FY3/26 guidance beat – FY3/26 Q1-4 sales and OP beat company guidance amid further evidence of effective mobile LTV (Lifetime Value) brand strategy execution and price revisions. Full-year sales rose +2.4% YoY to ¥86.35bn and OP rose +5.2% YoY to ¥18.69bn versus company guidance for sales of ¥85bn and OP of ¥18.2bn. This 14th consecutive year of OP growth, together with the sales and EPS rise, marked a strong start to its medium-term management plan.
• Further growth forecast for FY3/27 – The company forecasts sales growth to accelerate to +4.2% YoY (¥90bn), helped partly by last year’s price revisions, further brand strategy traction, Business Services’ revenue growth and au Denki net additions.
