Cybertrust Japan Co.ltd. · TSE:4498

Cybertrust Japan Co.ltd — Q1 FY2026 Earnings Presentation

63 slides from Cybertrust Japan Co.ltd's earnings presentation, Jul 30, 2026

Slide 1: FY2026 Q1 Financial Results
Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. Ⓡ FY2026 Q1 Financial Results First Quarter of the Fiscal Year Ending March 31, 2027
Slide 2: Agenda
◼ Executive Summary Agenda ◼ FY2026 Q1 Financial Summary ◼ Overview by Service Segment  Trust Services  Platform Services ◼ Management Topic ◼ FY2026 Full-Year Forecast ◼ Appendix 2 Copyright Cybertrust Japan Co., Ltd. All rights reserved.
Slide 3: Executive Summary
▌Executive Summary Record-high net sales and operating income for the first FY2026 quarter Q1 Financial Results - Recurring services also achieved record-high revenue, driven by accelerated growth in iTrust FY2026 Full-Year Progressing steadily toward the achievement of the full- Forecast year forec
Slide 4: Agenda
◼ Executive Summary ◼ FY2026 Q1 Financial Summary ◼ Overview by Service Segment  Trust Services  Platform Services ◼ Management topic ◼ FY2026 Full-Year Forecast ◼ Appendix 4 Copyright Cybertrust Japan Co., Ltd. All rights reserved.
Slide 5: FY2026 Q1 Consolidated Results
FY2026 Q1 Consolidated Results Record-high net sales and operating income for the first quarter Net sales rose 12.0% YoY to 2,132 million yen Operating income increased 31.4% YoY to 406 million yen FY25 Q1 FY26 Q1 YoY Change (Unit: Millions of yen) Net sales 1,903 2,132 +12.0% Operating income 309 4
Slide 6: Trend in Quarterly Sales by Transaction Type
Trend in Quarterly Sales by Transaction Type Recurring services also achieved the highest-ever first-quarter net sales Unit: Millions of yen Professional services 2,280 2,133 2,163 2,132 Licenses 1,977 2,012 Recurring services 1,903 628 1,842 1,837 492 605 1,729 654 1,661 1,643 526 543 416 1,536 1,5
Slide 7: Sales by Service Segment
▌Sales by Service Segment  Trust Services: iTrust growth accelerated further, strongly driving recurring revenue Server certificates experienced a temporary decline in revenue due to the impact of shorter validity periods implemented to enhance internet reliability  Platform: Linux support revenue
Slide 8: Agenda
◼ Executive Summary ◼ FY2026 Q1 Financial Summary ◼ Overview by Service Segment  Trust Services  Platform Services ◼ Management topic ◼ FY2026 Full-Year Forecast ◼ Appendix 8 Copyright Cybertrust Japan Co., Ltd. All rights reserved.
Slide 9: Trust Services: iTrust growth accelerated further
▌Trust Services | Performance and Initiatives by Service Segment iTrust growth accelerated further (Unit: Millions of yen) Recurring services Trust Services net sales (by transaction type) FY25 Q1 FY26 Q1 YoY Change ◼ iTrust grew 75% year on year due to expansion of identity verification services fo
Slide 10: iTrust KPI Trend (Number of Paid API Use)
▌iTrust KPI Trend (Number of Paid API Use) Number of transactions: FY2026 Q1 Number of transactions 20.61 YoY change: 70% increase FY2025 million (Quarterly) 58,987,153 Growth accelerated further, with quarterly transaction volume surpassing 20 million for the first time! FY2024 38,704,300 FY2023 28
Slide 11: Initiatives to Expand Use of iTrust
▌Initiatives to Expand Use of iTrust Ministry of Justice commercial registration remote signature Results of collaboration to build a digital trust infrastructure system began operations in July The design and development of the Ministry of Justice’s remote signature With the spread of generative AI
Slide 12: Trends in Server Certificates and Cybertrust Japan Initiatives
▌Trends in Server Certificates and Cybertrust Japan Initiatives Shortening of server certificate validity periods Automation of server certificate management To improve the trustworthiness and security of the internet, the industry Automating the entire certificate lifecycle, from issuance through r
Slide 13: Temporary Revenue Impact of Shorter Server Certificate Validity Periods
▌Temporary Revenue Impact of Shorter Server Certificate Validity Periods and Future Outlook Through the Previous Fiscal Year (FY2025 and earlier) [One-Time Revenue Recognition / Renewal as Needed] Q3 onward Recovery to the previous year’s level • Issued certificates with a one-year validity period,
Slide 14: Composition Ratio of Major Products to Recurring Service Sales
▌Composition Ratio of Major Products to Recurring Service Sales of Trust Services iTrust accelerated its growth to account for 37%, while server certificates accounted for 14% following a temporary revenue decline - Recurring service sales of Trust Services - 1,048 Quarterly trends (accounting perio
Slide 15: Agenda
◼ Executive Summary ◼ FY2026 Q1 Financial Summary ◼ Overview by Service Segment  Trust Services  Platform Services ◼ Management topic ◼ FY2026 Full-Year Forecast ◼ Appendix 15 Copyright Cybertrust Japan Co., Ltd. All rights reserved.
Slide 16: Platform Services: Performance and Initiatives
▌Platform Services | Performance and Initiatives by Service Segment Double-digit growth driven by Linux support and large contract development projects (Unit: Millions of yen) Platform Services net Recurring services sales FY25 Q1 FY26 Q1 YoY Change ◼ Linux support grew overall, as major comprehensi
Slide 17: Initiatives to Expand Platform Adoption
▌Initiatives to Expand Platform Adoption New threats and security needs brought about by AI Full-scale rollout of comprehensive security services for OSS AI is automating and accelerating the entire process for cyberattacks, from the discovery of previously unknown vulnerabilities to the generation
Slide 18: Initiatives to Expand Use of EMLinux
▌Initiatives to Expand Use of EMLinux Developing a Japan-originated platform through Physical AI — A key area of Japan’s growth strategy collaboration with eSOL Implementation of Physical AI is rapidly expanding in fields such as industrial Joint development with eSOL’s real-time OS and EMLinux equi
Slide 19: Agenda
◼ Executive Summary ◼ FY2026 Q1 Financial Summary ◼ Overview by Service Segment  Trust Services  Platform Services ◼ Management topic ◼ FY2026 Full-Year Forecast ◼ Appendix 19 Copyright Cybertrust Japan Co., Ltd. All rights reserved.
Slide 20: Investments in New Growth Domains: Quantum
▌Investments in New Growth Domains: Quantum From the FY2025 Financial Results Presentation Materials (P24) disclosed on April 27, 2026 From Matters Related to Business Plans and Growth Potential (P28) disclosed on June 25, 2026 FY2026 Q1 Update As an upfront investment toward building a foundation f
Slide 21: Agenda
◼ Executive Summary ◼ FY2026 Q1 Financial Summary ◼ Overview by Service Segment  Trust Services  Platform Services ◼ Management topic ◼ FY2026 Full-Year Forecast ◼ Appendix 21 Copyright Cybertrust Japan Co., Ltd. All rights reserved.
Slide 22: FY2026 Full-Year Forecast
▌FY2026 Full-Year Forecast Progressing steadily toward the achievement of the full-year forecast YoY Change FY25 FY26 Unit: Millions of yen Change Rate of change Net sales 8,360 9,250 +889 +10.6% Operating income 1,649 1,860 +210 +12.8% Operating margin (%) 19.7 20.1 - - Ordinary income 1,657 1,867
Slide 23: Roots of Continual Growth of Digital Trust Business
Roots of Continual Growth of Digital Trust Business Aim for stable profit growth by continuously providing foundational elements needed by a digital society in response to societal change Industry organization activities Contributions R&D Business domain activities and feedback to global community d
Slide 24: Digital Trust: High-Growth Driver Service Entering Further Sales Expansion
Digital Trust: High-Growth Driver Service Entering a Phase of Further Sales Expansion Forecasting higher earnings in growth domains in conjunction with DX progress and trends in international security standards and regulations Growth driven by high Large growth-driver services iTrust iTrust Identity
Slide 25: Expansion and Growth of Business Domains
Expansion and Growth of Business Domains (Growth over the Medium to Long Term) New business In addition to investments in business expansion for Global high-growth driver services, we will pursue further New growth growth through investments in the creation of new M&A domains businesses, global expa
Slide 26: Investments in New Growth Domains: Strategic Growth Domains
Investments in New Growth Domains: Strategic Growth Domains and Japan’s Growth Strategy Establish Digital Trust business to support the reliability of next-generation social infrastructure, with a focus on critical infrastructure operators Japan’s growth strategy: Out of the 17 fields, make business
Slide 27: FY2026 Dividend Forecast
FY2026 Dividend Forecast Dividends for the fiscal year ended March 31, 2026, rose to 12 yen per share Initial forecast for year-end dividend for the fiscal year ending March 31, 2027 is an increase to 14 yen per share Cybertrust’s basic dividend policy is to pay dividends from the surplus, once a ye
Slide 28: Agenda
◼ Executive Summary ◼ FY2026 Q1 Financial Summary ◼ Overview by Service Segment  Trust Services  Platform Services ◼ Management topic ◼ FY2026 Full-Year Forecast ◼ Appendix 28 Copyright Cybertrust Japan Co., Ltd. All rights reserved.
Slide 30: FY2026 Full-Term Results Expected (sales by service)
▌FY2026 Full-Term Results Expected (sales by service) Trust Services Platform Services （Millions of yen）（Millions of yen） 5,280 +10.6％ 3,970 +10.7％ 4,774 (YoY) (YoY) 3,586 FY25 FY26 FY25 FY26 Recurring revenue growth iTrust continues to grow and due to increased support for recurring revenues incre
Slide 31: Analysis of Changes in Operating Income
▌Analysis of Changes in Operating Income Delivered strong double-digit operating profit growth while strategically investing in human capital and service delivery infrastructure 829 (Unit: Millions of yen) △207 △158 △98 1,860 △155 1,649 Operating income +211 million yen +12.8％ Variable Profit Auth C
Slide 32: Quarterly trends in net sales and operating income
▌Quarterly trends in net sales and operating income (accounting period) Sales Operating Income （Million of Yen）（Million of Yen） 2,280 2,163 19.1% 2,133 2,132 16.3% 1,977 2,012 21.5% 21.2% 21.8% 21.0% 9.7% 21.7% 19.4% 1,903 1,837 1,493 470 478 452 425 398 406 390 309 144 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q
Slide 33: Sales by service Quarterly trends
▌Sales by service Quarterly trends (Accounting period) Trust Services Platform Services （Million of Yen）（Million of Yen） 1,351 1,222 1,192 1,188 1,124 1,082 1,075 941 940 929 944 943 894 895 888 921 828 571 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY24 FY25 FY26 FY24 FY25 FY26 33 Copyr
Slide 34: Quarterly sales trends by service and transaction type
▌Quarterly sales trends by service and transaction type (accounting period) Trust Services Platform Services （Million of Yen）（Million of Yen） Professional Services 1,351 License Recurring Services 1,222 1,192 1,188 295 1,124 1,101 1,082 1,075 222 148 996 290 7 959 151 207 51 225 921 943 203 22 941
Slide 35: Recurring Business Model
▌Recurring Business Model Expanding recurring services Aiming for a stable, high-growth business model Revenue increases in proportion to the growth Revenue model based on in DX-related processing volumes. the number of devices and servers Our new revenue model. Server Certificate Number of sites iT
Slide 36: Trends in sales, gross profit, and SG&A expenses
▌Trends in sales, gross profit, and selling, general and administrative expenses Maintained a selling, general and administrative expense ratio of approximately 30%, with steady growth in net sales and gross profit Gross Profit SG&A Sales 2,280 （Million of yen） 2,133 2,163 2,132 1,977 2,012 1,500 1,
Slide 37: Cost structure
▌cost-structure Implementation of human and capital investment necessary for the continuous growth of recurring services Changes in Expenses (Consolidated) Sales (Millions of yen) Capital investment policy Sales 8,360 Actively investing in capacity expansion for the provision of digital authenticati
Slide 38: Consolidated PL (Detailed Sales by Service)
▌Consolidated PL (Detailed Sales by Service) (Millions of yen) Consolidated FY24 FY25 Change The sales 7,442 8,360 +918 Trust services 4,139 4,774 +634 Professional services 686 877 +191 License 125 88 △36 Recurring service 3,328 3,808 +480 Platform Services 3,302 3,586 ＋283 Professional services 1,
Slide 39: Consolidated BS
▌consolidated BS (Millions of yen) End of March 2025 End of March 2026 Change Rate of change Current assets 7,096 7,627 ＋531 ＋7.5% (Cash and deposits) 5,560 5,435 △125 △2.3％ (Notes, accounts receivable and contract assets) 1,117 1,390 ＋273 ＋24.5％ Fixed assets 2,481 3,075 ＋594 ＋23.9％ (Software) 924 1
Slide 40: Major Consolidated Management Indicators
▌Major Consolidated Management Indicators The sales Net assets per share(BPS) Return on equity (ROE) (Millions of yen) (yen) (％) 8,360 454.7 15.4 7,442 408.4 6,466 14.1 371.9 8.9 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 Operating income and operating income margin Net income per share (EPS) Retu
Slide 42: Corporate Philosophy and Mission
▌Corporate Philosophy and Mission Security and Trust We will realize a Safe and Secure Digital Society As a socially responsible company, We recognize that “responding to the Sustainable Development Goals (SDGs)” is a key management issue. Through our business and corporate activities, we work to re
Slide 43: About Us
▌About Us Company Name Cybertrust Japan Co., Ltd ◼ Trust Services Business Activities ◼ Platform Services Server solution, IoT embedded solution Date of Establishment June 1, 2000 Address ARK Mori Bldg 31F, 1-12-32 Akasaka, Minato-ku, Tokyo 107-6031 <Consolidated subsidiaries> Yuji Kitamura, Preside
Slide 44: History
▌History On October 1, 2017, we (former MIRACLE LINUX Corporation) as the surviving company completed an absorption-type merger with former Cybertrust Japan co., Ltd. and name change of and commenced operations as Cybertrust Japan co., Ltd. Year and month Summary MIRACLE LINUX CORPORATION is establi
Slide 45: History
▌History The history of the former Cybertrust Japan co., Ltd. since its establishment until its mergered is as follows Year and month Summary Sep. 1995 NSJ Corporation established to develop software May, 1999 Contracted as the sole Japanese distributor of Baltimore Technologies Plc May, 2000 Compan
Slide 46: SDGs Initiatives
SDGs Initiatives Contributing to the Realization of a Sustainable Society Along with Business Growth Social Issues Addressed through Business Activities Social Issues Addressed through Corporate Activities By promoting trust services to support DX Achieving corporate growth by creating resilient org
Slide 47: Policies and indicators and Targets
Policies and indicators and Targets We have established KPI (evaluation indicators) for the following two of the four materiality items in the strategic plan. Materiality KPI (Valuation Indicators) Percentage of female employees in managerial positions: Achieved at least 8.2% (at least average for t
Slide 49: Issues Solved by Cybertrust and Value Provided
▌Issues Solved by Cybertrust and Value Provided Identity theft Personal identification (people, things) Reliability for all people, things, services Safe and secure digital economy Existence Issues for digitalization Falsification Confidentiality Worldwide rise of digitalization Digital Trust Unauth
Slide 50: Business domain
▌Business domain Providing Trust Services to Realize a Safe and Secure Digital Society Trust Services Platform International Standards OS SSL/TLS server certificate to Support IT Infrastructures User authentication, device Embedded OS for International authentication Security Standards Identity veri
Slide 51: Trust Services Overview
▌Trust Services Overview Providing trust services for areas such as digital certificate, the ‘ID cards’ of the digital economy, as well as digital Identity verification and digital signature critical for DX Authenticating devices Device certificate permitted for operations use Authentication of Unau
Slide 52: Overview of Platform Services
▌Overview of Platform Services Provide value-added OS and middleware for critical infrastructure compatible with international security standards Application Vulnerability management / Integrated Middleware monitoring International standards server OS OS/Embedded OS for IoT Cybertrust Japan is the o
Slide 53: Services used throughout Japan's social infrastructure
▌Cybertrust Japan services are used throughout Japan’s social infrastructure Finance Government Railways/Airlines Communications Manufacturing 53 Copyright Cybertrust Japan Co., Ltd. All rights reserved.
Slide 54: Partner Business Case Study
▌Partner Business Case Study A broad partner network tailored to the unique characteristics of each product or service VAR (Value Added Reseller) Partner Business (VAR) Case Study 160 companies Instead of providing the application itself, Cybertrust provides Business development through critical par
Slide 55: Glossary ①
▌Glossary ① Term Description Digitized identity certificates that properly certify and identify targets. These certificates verify the authenticity digital certificate of people, goods, etc. by examining and issuing them by a certification authority as a reliable third-party organization. Preventing
Slide 56: Glossary ②
▌Glossary ② Term Description A digital certificate that installs a certificate on the user’s device (such as a PC or smartphone) to authenticate Client certificate the user as the authorized user. There are two main types: User certificates and device certificates. Issued to information devices such
Slide 57: Glossary ③
▌Glossary ③ Term Description RHEL Abbreviation for Red Hat Enterprise Linux. A Linux distribution developed and sold by Red Hat for business use. CentOS Community-based free LinuxOS that is highly compatible with RHEL A nonprofit organization of users, developers and fans created mainly to develop,
Slide 58: Glossary ④: Security-Standard FIPS 140-3
▌Glossary ④: Security-Standard "FIPS 140-3" Summary Standard for cryptographic modules established by the National Institute of Standards and Technology (NIST:National What is FIPS 140-3? Institute of Standards and Technology) that was certified in March 2019. Functions as a standard for realizing s
Slide 59: Product name comparison table
▌Product name comparison table Function Official product name Abbreviations in this document [Trust Services] SSL/TLS server certificate iTrustⓇSSL/TLS server certificate Server Certificate device authentication Cybertrust Device ID Device ID Certification bureau outsourcing services Cybertrust Mana
Slide 60: Product and Service Introduction Pages
▌Product and Service Introduction Pages Product and service introduction page URL CyberTrust Japan Co., Ltd. Web website https://www.cybertrust.co.jp/(Link) [Trust Services] iTrust SSL/TLS Server Certificate https://www.cybertrust.co.jp/ssl/ Cybertrust Device ID Service https://www.cybertrust.co.jp/
Slide 61: Press Release List (FY26 Q1～)
▌Press Release List (FY26 Q1～) 04.27 06.11 06.16 06.24 Fukushima City Board of [Survey Report] Key Factors in Cybertrust Japan Announces AlmaLinux 9 Achieves Common Education Adopts Cybertrust Selecting a New Virtualization Its Vision for Establishing a Criteria (CC) Certification, an Japan's Device
Slide 62: Disclaimer
▌Disclaimer ◼ The materials and information provided in this presentation contain ‘forward-looking statements’. ◼ They are based on current expectations, forecasts and risk-bearing assumptions, and involve uncertainties that could lead to results that differ materially from these statements. ◼ These

Cybertrust Japan — Q1 FY2026 Earnings Presentation on 6ix

Cybertrust Japan Co.ltd — Q1 FY2026 Earnings Presentation

Slide 1: FY2026 Q1 Financial Results

Slide 2: Agenda

Slide 3: Executive Summary

Slide 4: Agenda

Slide 5: FY2026 Q1 Consolidated Results

Slide 6: Trend in Quarterly Sales by Transaction Type

Slide 7: Sales by Service Segment

Slide 8: Agenda

Slide 9: Trust Services: iTrust growth accelerated further

Slide 10: iTrust KPI Trend (Number of Paid API Use)

Slide 11: Initiatives to Expand Use of iTrust

Slide 12: Trends in Server Certificates and Cybertrust Japan Initiatives

Slide 13: Temporary Revenue Impact of Shorter Server Certificate Validity Periods

Slide 14: Composition Ratio of Major Products to Recurring Service Sales

Slide 15: Agenda

Slide 16: Platform Services: Performance and Initiatives

Slide 17: Initiatives to Expand Platform Adoption

Slide 18: Initiatives to Expand Use of EMLinux

Slide 19: Agenda

Slide 20: Investments in New Growth Domains: Quantum

Slide 21: Agenda

Slide 22: FY2026 Full-Year Forecast

Slide 23: Roots of Continual Growth of Digital Trust Business

Slide 24: Digital Trust: High-Growth Driver Service Entering Further Sales Expansion

Slide 25: Expansion and Growth of Business Domains

Slide 26: Investments in New Growth Domains: Strategic Growth Domains

Slide 27: FY2026 Dividend Forecast

Slide 28: Agenda

Slide 29: Numeric data

Slide 30: FY2026 Full-Term Results Expected (sales by service)

Slide 31: Analysis of Changes in Operating Income

Slide 32: Quarterly trends in net sales and operating income

Slide 33: Sales by service Quarterly trends

Slide 34: Quarterly sales trends by service and transaction type

Slide 35: Recurring Business Model

Slide 36: Trends in sales, gross profit, and SG&A expenses

Slide 37: Cost structure

Slide 38: Consolidated PL (Detailed Sales by Service)

Slide 39: Consolidated BS

Slide 40: Major Consolidated Management Indicators

Slide 41: Corporate Profile

Slide 42: Corporate Philosophy and Mission

Slide 43: About Us

Slide 44: History

Slide 45: History

Slide 46: SDGs Initiatives

Slide 47: Policies and indicators and Targets

Slide 48: Business Overview

Slide 49: Issues Solved by Cybertrust and Value Provided

Slide 50: Business domain

Slide 51: Trust Services Overview

Slide 52: Overview of Platform Services

Slide 53: Services used throughout Japan's social infrastructure

Slide 54: Partner Business Case Study

Slide 55: Glossary ①

Slide 56: Glossary ②

Slide 57: Glossary ③

Slide 58: Glossary ④: Security-Standard FIPS 140-3

Slide 59: Product name comparison table

Slide 60: Product and Service Introduction Pages

Slide 61: Press Release List (FY26 Q1～)

Slide 62: Disclaimer

Slide 63: Security and Trust