Billing System Corporation · TSE:3623
Billing System — Q1 FY2026 Earnings Presentation
43 slides from Billing System's earnings presentation, May 14, 2026
Slide 1: FY2026 First Quarter Financial Results Presentation
FY2026 First Quarter Financial Results Presentation Billing System Corporation May 14, 2026 Copyright (c) Billing System Corp. All Rights Reserved. 1
Slide 2: Financial Results Presentation Summary
Financial Results Presentation Summary ・ Revenue and profits increased significantly year on year. In addition to maintaining the recurring revenue base, profitabilit y w as boosted by high -margin non -recurring revenue, including large -scale system development projects for the Real -Time Payment
Slide 3: Table of Contents
Table of Contents 01 Quarterly Results P4 02 Business Update P20 03 Full -Year Outlook P27 04 Appendix P33 Copyright (c) Billing System Corp. All Rights Reserved. 3
Slide 4: Quarterly Results
01 Quarterly Results Copyright (c) Billing System Corp. All Rights Reserved. 4
Slide 5: FY2026 1Q Results
FY2026 1Q Results ・ Revenue and profits exceeded the previous year's results, resulting in strong top -line and bottom -line growth. ・ Large -scale system development projects and other factors significantly improved profitability, with the gross profit margin improving sharply by 7.9 percentage poi
Slide 6: Trends in Recurring and Non-recurring Revenue
Revenue Trends Trends in Recurring and Non-recurring Revenue ・ Quarterly revenue continued to grow, reaching 1,371 million yen, or 127.9% of the same period of the previous year. ・ N on -recurring revenue ratio temporarily increased to 23.0% due to project -based contributions. YoY (Unit: million ye
Slide 7: Revenue Trends and Mix by Segment
Revenue Trends Revenue Trends and Mix by Segment Revenue mix improved, driven by growth in the core Payment Support Business, including Bill Collection Service, Real - Time Payment Confirmation Service, and PayB , expanded. (Unit: million yen) 1600 Payment Support Business Funds Transfer Support Bus
Slide 8: Revenue Trends by Segment (Numerical Data)
Revenue Trends Revenue Trends by Segment (Numerical Data) (Unit: million yen) 2026 Segment Revenue 2022 2023 2024 2025 1Q Payment Support ・ PayB Recurring 2,385 2,735 3,235 3,475 890 ・ Real -Time Payment Real -Time Payment Confirmation Service / Payment Confirmation Service Non - Bill Collection Ser
Slide 9: Trends in Operating Profit, Ordinary Profit and Net Income (Quarterly)
Trends in Operating Profit, Ordinary Profit and Net Income (Quarterly) Operating profit, ordinary profit and net income increased significantly in line with revenue growth . Growth was primarily driven by non -recurring revenue from large -scale system development projects. (Unit: million yen) 300 2
Slide 10: Revenue Structure (Quarterly)
Revenue Structure (Quarterly) Quarterly Trends in Revenue, Cost Quarterly Trends in Gross Profit of Sales and Gross Profit Margin and Operating Profit Margin (Unit: million yen) 1,600 45.0% 42.6% 1,371 38.2% 1,400 40.0% 36.9% 36.1% 37.1% 35.3% 35.9% 1,216 34.7% 33.6% 35.0% 1,200 1,084 1,107 1,071 1,
Slide 11: Balance Sheet
Balance Sheet FY2025 FY2025 FY2026 vs. FY -end (Unit: million yen) End of 1Q End of 4Q End of 1Q Current assets 25,758 29,740 29,662 99.7 ％ Non -current assets 365 406 396 97.5 ％ Total assets 26,124 30,146 30,059 99.7 ％ Current liabilities 23,169 26,828 26,802 99.9 ％ Non -current liabilities 48 41 3
Slide 12: Adjusted Equity Ratio Excluding the Impact of Deposits Received
Adjusted Equity Ratio Excluding the Impact of Deposits Received Due to the nature of the Company's business, deposits received before settlement with client companies may remain at period -end, causing both assets and liabilities on the balance sheet to increase. These are temporary items that are s
Slide 13: Trends in Cost of Sales and SG&A Expenses (Quarterly)
Trends in Cost of Sales and SG&A Expenses (Quarterly) Quarterly Trends in Cost of Sales and Cost of Sales Ratio Quarterly Trends in SG&A Expenses and SG&A Ratio (Unit: million yen) (Unit: million yen) 900 70.0% 350 25.0% 22.4% 22.5% 787 21.9% 21.7% 21.5% 21.7% 68.0% 21.2% 20.7% 20.8% 800 756 751 300
Slide 14: SG&A Expenses Major Breakdown
Trends in SG&A Expenses Major Breakdown ・ Personnel expenses account for approximately 65% of the Company's SG&A expenses. ・ In 1Q, SG&A expenses increased due to organizational expansion and one -time expenses. (Unit: million yen) 350 Personnel Expenses Rent 308 Other 300 13.1% Fees and Commissions
Slide 15: Headcount
Trends in SG&A Expenses Headcount ・ Headcount at the end of 1Q was 100. ・ As a foundation for steadily executing the FY2026 strategy, the second year of the Medium -Term Business Plan, we will continue t o expand and strengthen our talent base. 120 100 100 97 93 82 80 77 ・ Headcount at the end of 1Q
Slide 16: Payment Support Business
Results by Segment Payment Support Business Quarterly Trends in Recurring and Non -recurring Revenue (Unit: million yen) YoY: 131.8 % 1,200 Recurring QoQ: 121.9 % Non-recurring 1,000 236 Share of Revenue: 82.2 % 17 19 8 45 26 ・ The core Payment Support Business, including 800 16 24 Bill Collection S
Slide 17: Funds Transfer Support Business
Results by Segment Funds Transfer Support Business Quarterly Trends in Recurring and Non -recurring Revenue YoY: 101.1% (Unit: million yen) QoQ: 105.0% 88 86 Recurring Share of Revenue: 6.3% 3 84 Non-recurring 82 ・ The Funds Transfer Support Business, including Quick Transfer and the Public Utility
Slide 18: Terminal Business
Results by Segment Terminal Business Quarterly Trends in Cumulative Terminal Sales Recurring and Non -recurring Revenue YoY: 118.5% 200 20,000 (Unit: units) QoQ: 73.5% (Unit: million yen) 17,581 18,000 17,179 180 Recurring 16,188 Share of Revenue: 9.7% Non-recurring 16,000 15,097 160 14,274 ・ In the
Slide 19: Other Business
Results by Segment Other Business Quarterly Trends in Recurring and Non -recurring Revenue YoY: 127.8% (Unit: million yen) 30 Recurring Non-recurring QoQ: 85.1% 25 7 2 Share of Revenue: 1.8% 20 1 ・ Other Business includes direct debit, bill collection, finance brokerage and other services. 15 ・ Alth
Slide 20: Business Update
02 Business Update Copyright (c) Billing System Corp. All Rights Reserved. 20
Slide 21: Progress on 2026 Business Strategy
Progress on 2026 Business Strategy Increase coverage (partner financial institutions and billers) and density (recurring revenue), evolving profitability and th e portfolio. The growing number of partner financial institutions and billers is expected to drive continued recurring revenue growth thro
Slide 22: Main Topics in the First Quarter
Main Topics in the First Quarter Expansion of Financial Institutions Cashless Payment Terminal with Voice Notification “PT -10Pro” Handling PayB Full -scale rollout began in March • Tajima Bank • Okinawa Kaiho Bank • Kyoto Shinkin Bank (*Announced additional partnership formats with Miyazaki Bank an
Slide 23: Expansion of Financial Institutions Handling PayB
Topics Expansion of Financial Institutions Handling PayB Many financial institution partnerships were advanced in 1Q, centered on PayB PayB is an app that allows users to easily make payments anytime, anywhere by scanning barcodes or QR codes printed on payment slips and invoices with a smartphone.
Slide 24: PT-10Pro Cashless Payment Terminal with Voice Notification Functionality
Topics PT-10Pro Cashless Payment Terminal with Voice Notification Functionality PT-10Pro, a cashless payment terminal with voice notification functionality from FinGo, the Company's consolidated subsidiary ① Product features: Voice notification of payment completion to maximize operational efficienc
Slide 25: Various Measures to Enhance Corporate Value
Topics Various Measures to Enhance Corporate Value Introduction of a Special Incentive Scheme for the Employee Stock Ownership Plan and Subsequent Status As part of our human capital strategy and in conjunction with the Company's 25th anniversary, we introduced a special incenti ve scheme for the em
Slide 26: About JCB's Cashmap
Case Study About JCB's Cashmap The Company entered into a business alliance with JCB Co., Ltd. (JCB) in the corporate services field and began providing its PayB for Business digital transformation solution for tax and utility bill payments to Cashmap , a cash management portal offered by JCB for SM
Slide 27: Full-Year Outlook
03 Full -Year Outlook Copyright (c) Billing System Corp. All Rights Reserved. 27
Slide 28: FY2026 Financial Outlook
FY2026 Financial Outlook ・Progress toward the full-year plan is generally in line with the plan. ・The financial forecast remains unchanged from the announcement made on February 13, 2026. FY2025 FY2026 FY2026 YoY Progress Rate (Unit: million yen) 1Q Results 1Q Results Full -Year Forecast Revenue 1,0
Slide 29: Dividend Plan
Dividend Plan We aim to provide shareholder returns that balance stability and performance linkage, using a consolidated dividend payout ratio of 35% and a dividend on equity (DOE) of 3% as benchmarks. For the current fiscal year, the Company plans an annual dividend of 32.50 yen per share. While ma
Slide 30: FY2026 Overall Strategic Framework
FY2026 Overall Strategic Framework In the second year of the Medium -Term Business Plan, we will expand our revenue base in the domestic payments market and drive scalable growth. Building on a platform characterized by recurring transaction flows, we will generate recurring revenue and stable cash
Slide 31: FY2026 Specific Measures
FY2026 Specific Measures Strategy Key Themes Approach to Value Creation Key Initiatives ⚫ Identify solutions to strengthen, scale ・ Shift resources from underperforming services to Strategy 1 Selective Solution Strategy down, or exit based on growth potential new service launches and PayB -related s
Slide 32: FY2026 Specific Measures
FY2026 Specific Measures Strategy Key Themes Approach to Value Creation Key Initiatives ・ Roll out generative AI company -wide from Strategy 4 Company -wide Operational ⚫ Redesign business processes from a May and accelerate its integration into company -wide optimization perspective. business workf
Slide 33: Appendix
04 Appendix Copyright (c) Billing System Corp. All Rights Reserved. 33
Slide 34: Company Overview
Company Overview Company Name Billing System Corporation Established June 5, 2000 Tokyo (Head Office): 13F Hibiya Daibiru, 1 -2-2 Uchisaiwaicho, Chiyoda -ku, Tokyo 100 -0011 Address Ibaraki (Toride Office Center): Room 201, Look Heights, 2 -2-16 Shinmachi, Toride -shi, Ibaraki 302 -0024 Capital 1,23
Slide 35: Core Philosophy and Vision
Core Philosophy and Vision We provide innovative workflows centered on our Payment Infrastructure to create value for our customers. Long -Term Vision Toward 2030 Supporting a Globally Connected Society Through Payments We will make increasingly complex payment operations safer and more efficient as
Slide 36: Billing System's Growth Trajectory
Billing System’s Growth Trajectory Billing System has built a track record in public funds, utility payments, and financial institution partnerships, establishi ng structural competitive advantages through SLA operations, audit readiness, and regulatory compliance. Startup Phase Payment Infrastructu
Slide 37: Business Opportunities for Billing System
Business Opportunities for Billing System A growth model that starts with payments and funds transfers and expands from social infrastructure payments to data utilizat ion businesses (Sustainable scaling through multi -payment solutions × operational DX × data utilization) STEP 3 STEP 1 STEP 2 Areas
Slide 38: Billing System's Service Lineup
Billing System 's Service Lineup We do more than simply transfer funds; we provide comprehensive support across payment -related business workflows Bill Collection Real -Time Payment e -JIBAI Multi -Payment Acceptance PayB Service Confirmation Service Compulsory Automobile Service Liability Insuranc
Slide 39: Billing System's Business Structure in the Payment Value Chain
Billing System’s Business Structure in the Payment Value Chain "Information Generation → Receipt of Funds → Reconciliation and Management → Funds Distribution" A process in which the flow of information and the flow of funds are synchronized Through our "Money Chain Management" approach, which integ
Slide 40: Segment Reclassification: Segments Used in Financial Results Presentations
Segment Reclassification: Segments Used in Financial Results Presentations To expand the payment value chain while focusing on Payment Support operations, we have reorganized the business into the following four segments and will report strategies and initiatives accordingly. Revenue Breakdown in Fi
Slide 41: Competitive Environment and the Company's Strategic Positioning
Competitive Environment and the Company's Strategic Positioning E-commerce Payment Processing / Payment Gateway Public and Financial Infrastructure Payment HUB × Integration into Payment Processing and Bill Collection Major Financial SIers Business Workflows Companies Competitive Axis Competitive Ax
Slide 42: Disclaimer and Contact Information
Disclaimer and Contact Information Use of This Document This document contains forward -looking statements. These statements are based on information available at the time they were pre pared and do not guarantee future results. They involve risks and uncertainties. Please note that actual results m
Slide 43: Copyright (c) Billing System Corp. All Rights Reserved.
Copyright (c) Billing System Corp. All Rights Reserved. 43