Slide 1: AMIYA Corporation Financial Results Presentation Materials Q1 FY 12/2026
Securities Code: 4258 AMIYA Corporation Financial Results Presentation Materials Q1 FY 12/2026
Slide 2: Result Highlights
01 Result Highlights Copyright @ AMIYA Corporation 2
Slide 3: Q1 Executive Summary
Q1 Executive Summary Achieved new record quarterly profit, driven by policy tailwinds and subscription profit Achieved record 2025Q1 Revenue: ¥1.389 B 2026Q1 ¥1.762B. Operating profit: ¥282 M ¥347M quarterly profit, fully Both represent YoY growth of over 20%, marking record quarterly highs absorbin
Slide 4: Q1 Result Highlights
Q1 Result Highlights We are making steady progress against the plan, with operating profit tracking at 29% of the full-year forecast Revenue Rev Operating profit OP Q1 Net Profit NI FY2025Q1 FY2025Q1 FY2025Q1 ¥ 1,389 M ¥ 282 M ¥ 199 M FY2026Q1 FY2026Q1 FY2026Q1 ¥ 1,762 M ¥ 347M ¥ 227M YoY+26.8% YoY+
Slide 5: PL: Revenue +26.8%; Operating Profit +23.1%; Net Profit +14.2%
PL Year-over-year: Revenue +26.8%; Operating Profit: +23.1%; Net Profit: +14.2％ Quarterly FY2025 FY2026 (Full year) (Full year forecast) FY2025 Q1 FY2026 Q1 YoY Progress (%) Revenue (Rev) ¥5,936 M ¥7,002 M ¥1,389 M ¥1,762 M ＋26.8% 25.2% Operating Profit (OP) ¥1,051 M ¥1,200 M ¥282 M ¥347 M ＋23.1% 29
Slide 6: Revenue and Operating Profit (YoY)
Rev／OP (YoY) Despite positioning FY2026 as a year for proactive investment, we maintained an operating profit margin approaching 20%. Revenue Operating Profit 7,002 (Forecast) 1,200 (Forecast) Operating Profit Margin 1,051 5,936 Q1 19.7% 4,767 17.7% (Unit: ¥1 M) (Unit: ¥1 M) 3,559 11.0% 2,986 526 2,
Slide 7: Revenue and Operating Profit (Quarterly Trend)
Rev／OP (Quarterly Trend) Driven by our subscription business, we achieved record operating profit in Q1. We expect this steep upward profit trajectory to continue. 1,051 (Unit: ¥1 M) 795 Operating profit Revenue 526 486 315 363 365 ¥347 M 263 226 259 210 5,936 153 163 83 88 ¥ 282 M 4,767 4,212 3,559
Slide 8: Quarterly Trend in ARR
Quarterly Trend in ARR Company-wide ARR: +30% YoY; DS Business (now entirely subscription-based): +37％ YoY (Unit: ¥1 M) YoY +30.6% 5,000 Network Security Business(NS Business) Data Security Business(DS Business) 4,000 3,000 2,135 2,003 1,886 1,821 1,705 + 25 .2 % 1,690 2,000 NS Business 1,567 1,509
Slide 9: Balance Sheet – Key Takeaways
Balance Sheet – Key Takeaways Contract liabilities: +40％ YoY. FY2026: Allocate free cashflow to strategic investment Full transition to subscription model drove a 40.3% YoY increase in upfront annual cash inflows (recorded as contract liabilities) (Unit: ¥1 M) YoY +40.3% 2,186 2059 1921 1773 1,558 1
Slide 10: Quarterly Trends in SG&A
Quarterly Trends in SG&A Proactive investment in sales promotion and R&D amidst tremendous customer appetite To capture surging demand for Verona SASE, we are ramping up promotional activities, such as trade show exhibitions, alongside R&D for new features. The rise in corporate expenses stems from
Slide 11: Results by Segment
Results by Segment Both our DS & NS businesses have become indispensable components of sovereign economic security Data Security Business データセキュリティ事業 Network Security Business Our log management solution, ALog, continues showing robust Network All Cloud continues to deliver robust growth, driven by
Slide 12: Data Security Business: Transition to Subscription Model
Data Security Business Transition from Perpetual License to Subscription Model Is Going Well (Unit: #) Subscription Sales Annualサブスク解約率 Subscription Churn Legacy Plans - Churn Rate (%) 533 ALog Subscriptions(Cumulative) 483 YoY 1.7X 433 19.3% 18.6% 18.4% 18.6% 17.0% 16.9% 367 14.4%14.4% 13.5% 13.7%
Slide 13: Network Security Business: Sales and Churn Rate
Network Security Business | Robust Increase in Sales& Low Churn Rate Underscore Demand Network All Cloud - Sales Network All Cloud – Churn Rate % Verona/Hypersonix devices VPN ＋31.6％ Increase in SASE License sales. VPN＋SASE Churn Rate 102,619 (VPN+SASE Licenses) 93,584 86,934 83,763 78,002 73,879 68
Slide 14: Acquisition of production facility: Ampere Inc.
M＆A We acquired a production facility to establish ourselves as a manufacturer of made-in-Japan hardware May 13, 2026 disclosure We consolidated Ampere Inc., a company specializing in the manufacture of industrial and IT equipment, as a Group subsidiary. Objective No. 1: Objective No. 2: Drive Group
Slide 15: About AMIYA
02 About AMIYA Copyright @ AMIYA Corporation 15
Slide 16: Identity
AMIYA is a comprehensive provider of made-in-Japan cybersecurity solutions Identity Reducing Japan's dependence on foreign tech stacks is an essential mission for the country's sovereign economic security. Japan's cybersecurity requires high-quality, domestic solutions / services. As a comprehensive
Slide 17: AMIYA by the Numbers
Executive Summary AMIYA by the Numbers Over the past three years, we have doubled both our ARR and revenue, while growing our operating profit four-fold. ARR Revenue Operating Profit 2022Q4→2025Q4 2.1x FY2022→FY2025 2.0x FY2022→FY2025 4.0x ¥1.81 B ¥3.80 B ¥2.98 B ¥5.93 B ¥260 M ¥1.05 B Summary Contr
Slide 18: AMIYA Operates in a Growth Market
AMIYA Operates in a Growth Market Investment in Cybersecurity Preparedness Is No Longer Optional for Japan’s Growth Sectors Cybersecurity Standards for the Defense Industry METI’s Cybersecurity Rating System goes into effect Cybersecurity market (Japan) Market scale 2.2 Trillion (Supply Chain Securi
Slide 19: We Expect Continued Rapid Growth
We Expect Continued Rapid Growth Driven by Tailwinds in Cybersecurity & a Successful Business Model Pivot (Unit: ¥M) Rapid Ascent DS Business - Recurring NS Business - Recurring Operating Profit DS Business – Non-recurring NS Business – Non-recurring DS Business FY2020 2,315 Data Security 186 Busine
Slide 20: AMIYA's New Business Model
AMIYA’s New Business Model We Now Offer Our Flagship Service on a Subscription Basis Perpetual license Subscription ・One-time purchase → Followed by ・Monthly/annual subscriptions → Recurring use. inexpensive maintenance costs. ・Recurring revenue. ・Revenue recorded as lump sum. ・Touchpoints w/ client
Slide 21: AMIYA's Competitive Advantage
AMIYA’s Competitive Advantage High Margins, Stable Profits: the Made-in-Japan Subscription Vendor Advantage Data Security Business SIEM Proprietary solutions made-in-Japan Ransomware detection / Log analysis Cutting SOC/CSIRT Proprietary services made-in-Japan 60%+ Edge of revenue now Managed threat
Slide 22: We Are Committed to Our Targets
We Are Committed to Our Targets A track record of consistently hitting our numbers is a way to build credibility with investors Exceeded operating profit targets for the 13th consecutive quarter 1,200 (Unit: ¥1M) 1,051 Forecast Budget Actual 795 Integrity 526 486 315 363 363 347 259 282 210 226 280
Slide 23: Medium-Term Growth Strategy FY2026-2028
03 Medium-Term Growth Strategy FY2026-2028 Copyright @ AMIYA Corporation 23
Slide 24: Medium-Term Management Targets (2026-2028)
Medium-Term Management Targets (2026-2028) Value Creation Amiya's mission is to energize the domestic cybersecurity market by developing and selling high-performance solutions. We are committed to scaling a mission-critical enterprise, one that not only drives social impact but also has important ap
Slide 25: Revenue / Operating Profit Targets
Medium-Term Management Targets We’re using our solid foundation of steady revenue to lean into growth, deploying Revenue / Operating Profit capital aggressively to drive further scale. Targets Our focus is on capturing medium-term profit upside and executing on our vision. Op upside case Offer solut
Slide 26: Target ARR
Medium-Term Management Targets Capitalize on robust cybersecurity demand to scale the subscription base Target ARR for our flagship ALog and Network All Cloud solutions Aim for ¥ 7.2B (Unit: ¥1 M) Target ARR データセキュリティ事業（DS事業） Data Security Business (DS Business) Network Security Business (NS Busines
Slide 27: Investment Plan
Medium-Term Management Targets Maximizing investment in R&D and sales promotion to capture leadership in the high-growth Investment Plan SASE market, the most promising frontier in cybersecurity. Look to establish ourselves as the go-to economic security solution within this ¥6 trillion market. 2023
Slide 28: Maximize Upside: Transition to Subscription Model
Maximize Upside ① Transitioned to Subscription Model for Our Flagship Offerings. Earnings Power Grew 10-fold * Projection extrapolating from realized results Before Q2 2024 After Q2 2024 Setup fees Setup fees ARR ARR ¥10.0 M / 5 years ¥500,000 ¥1.50 M / 5 years ¥500,000 Sales Licenses model ¥3 milli
Slide 29: Next-Gen ALog
Medium-Term Management Target FY2026: Updated ALog to include new functionalities beyond its legacy forensic log storage Next-Gen capabilities, namely cyberattack detection and real-time analysis. Legacy ALog Next-Gen ALog (April 2026 release date) Collect logs Integrate data Collect logs ALog SIEM
Slide 30: New Verona SASE features
Medium-Term Management Target We are planning to add several new features to our SASE solutions to The New keep up with growing demand. (Roll out scheduled for December 2026) Verona SASE (Current) Verona SASE(Dec. 2026 roll out) SWG URL Filtering SWG URL Filtering Antivirus Antivirus FWaaS Anti-spam
Slide 31: Cybersecurity BPO Business
収益多様化 Medium-Term Management Target In addition to our solutions portfolio, our cybersecurity consulting services are also showing strong momentum. Cybersecurity BPO Business Scale the business over the next 3 years and aim to triple revenue for these businesses. Our Evolution: From broad IT to comp
Slide 32: Supplementary Materials
04 Supplementary Materials Copyright @ AMIYA Corporation 32
Slide 33: Key Global Cybersecurity Frameworks
*Supplementary Information* Key Global Cybersecurity Frameworks Key Cybersecurity Market Scale Projections Frameworks (2030) Global players Japanese players EDR ¥2.3 T CrowdStrike. (Approx. ¥20 T) Monitor and block unauthorized device activity SentinelOne. (Approx. ¥250 B) IDaaS ¥1.5 T Unified acces
Slide 34: SIEM Market & Key Players
For Reference* SIEM Market & Key Players Global SIEM Market Key Players Internationally, the log management market is called There are very few made-in-Japan SIEM providers. The the SIEM market. market is dominated by North American vendors, all of This market is expected to reach ¥1.7 trillion by 2
Slide 35: SASE Market & Key Players
For Reference* SASE Market & Key Players Global SASE Market Key Players SASE is the perfect cloud-based solution in today’s Due to the complexity in creating networking products, only AMIYA zero-trust environment and a few other companies offer made-in-Japan solutions. SASE market is expected to rea
Slide 36: AMIYA by the Numbers: Client Base and Sales Channels
AMIYA by the Numbers 1 Our Client Base/Sales Channels Consist Primarily of Prominent Companies. One of Japan’s Premiere Solution Providers. Track 10K No.1 30 Server log Large management sales channels Record ＋ (companies) + (17 years running) Extensive sales track record as a vendor of made-in-Japan
Slide 37: Profitability of Subscription Plans
AMIYA by the Numbers 3 Profitability of Subscription Plans: Pricing Plans / Expected No. of Orders / Churn Rate Data Security Business データセキュリティ事業 Network Security Business Migrated sales of our made-in-Japan SIEM solution ALog to a subscription- Both our cloud-based VPN/SASE Verona - within our Net
Slide 38: Our Business
05 Our Business Copyright @ AMIYA Corporation 38
Slide 39: Ransomware Detection & Security Log Analysis Solution
Data Security Business | Japan's Premier Ransomware Detection & Security Log Analysis Solution SIEM Ransomware detection / Log analysis Detect cyberattacks and perform root cause analysis Proactively detect signs of internal malfeasance Source: Deloitte Tohmatsu MIC Research Institute "Current Statu
Slide 40: Converting Massive Data Logs into Human-readable Format
Data Security Business | The Only Solution to Convert Massive Data Logs | into Human-readable Format Complex logs in different formats Automatically converts data into human-readable format S-1-5-21-2910433525-404745982-3962478095- When? Who? Where? What? 500/Toshio/2008SP2/0x50b70/Security/File/E:¥
Slide 41: Automated Risk Assessment Powered by AI
Data Security Business | Automated Risk Assessment Powered by AI as a Competitive Edge Before After Alog: system log Different log formats ALog data collection Ever-growing no. systems automatically for each system Collect collects data from the target system Collected logs are automatically standar
Slide 42: AI integration to identify irregular patterns
Data Security Business | Integration of AI to automate risk assessment functions is a competitive differentiator unique to Amiya Internal Identify irregular patterns External Identify irregular patterns fraud threats Identify irregular folder access times Identify irregular folder access patterns Ra
Slide 43: Managed Threat Monitoring for SMEs
Data Security Business ／ | Managed Threat Monitoring for SMEs ALog takes care of the operational side. Proprietary solutions. SOC/CSIRT Fully managed cybersecurity by our remote experts Competitive pricing. Managed threat monitoring Monitoring Analysis SOC services Leverage a wide range of collected
Slide 44: Legacy Networks Rely on Manual, On-premise Setup
Network Security Business Legacy Networks | Used to Rely on Manual, On-premise Setup & Configuration Gateway VPN SaaS/IaaS FQDN Internet Security Database cameras UTM Applications Load Router L３ switch balancing Server DNS Remote access L2 switch Remote work WLAN Email Web Firewall IoT Virtualizatio
Slide 45: The Future of Networks: Cloud-based Networks
Network Security Business The Future of Networks | Cloud-based Networks Are Becoming the Norm Network Virtualization Virtualized Security Software Defined Network SASE/Zero Trust Cloud-based Cloud-based full-package network design/architecture/operation security solutions are now available URL Filte
Slide 46: One of Japan's Leading Network Virtualization Services
Network Security Business |One of Japan's Leading Network Virtualization Services Network Virtualization Point 1 FY2025 High Retention 5900 companies Driven by Infrastructural Stickiness FY2025 99% Cloud Management Stable operation of Center corporate networks Adoption Setup 2 Head Office Network Mo
Slide 47: Launching Made-in-Japan SASE
Network Security Business Made-in-Japan SASE | Launching Made-in-Japan SASE: The Upside Front-Runner ZTNA Zero Trust SWG URL filtering Network DNS security Verona Cloud FWaaS IPS/IDS CASB SaaS IaaS Antivirus Application control Anti-spam Web会議 Online Meetings DC SASE Centralizing deployment, configu
Slide 48: Frequently Asked Questions
06 Frequently Asked Questions Copyright @ AMIYA Corporation 48
Slide 49: Frequently Asked Questions: Addressing the Threat of Generative AI
Frequently Asked Questions Addressing the Threat of Generative AI Q1. Does Anthropic’s "Claude Code Security" pose a No. Claude Code Security is an AI tool for auditing source code and identifying vulnerabilities. ALog and Verona are fundamentally different, as they are integrated foundational frame
Slide 50: Generative AI is not a viable replacement for ALog: costs
Data Security Business Generative AI is not a viable replacement for Analyzing 50 GB of logs per day with AI costs 360 times the ALog operating and energy expenses baseline. Costs / Electricity ¥ 600,000 /month GPT-5.2 300 x ¥ 180 M/month AI relies on token-based billing, hence processing 50 GB of d
Slide 51: Generative AI is not a viable replacement for ALog: data preparation
Data Security Business Generative AI is not a viable replacement for In systems integration, the majority of AI deployment involves preparing and normalizing the data prior to analysis. AI Data preparation accounts for 70% of the entire system integration process is the engine used to automate this
Slide 52: Verona SASE offers feature parity with high-priced global brands
Network Security Business offers feature parity with high-priced global brands Core SASE Capabilities Global Global Domestic competitor P competitor Z Competitor A SASE: A comprehensive network security platform SD-WAN ○ △ × ○ Always-On & Forced Tunneling ○ ○ × ○ ZTNA Device Posture (Endpoint Health
Slide 53: Deliver certain success for businesses built on safety and security
Deliver certain success for businesses built on safety and security