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.
Non-consolidated Financial Results for the Nine Months Ended December 31, 2025 (Under Japanese GAAP)
February 13, 2026
Company name: Focus Systems Corporation Listing: Tokyo Stock Exchange Securities code: 4662
URL: https://en.focus-s.com
Representative: Mori Keiichi, Representative Director and President Inquiries: Goto Makoto, Managing Director and Executive Officer Telephone: +81-3-5421-7777
Scheduled date to commence dividend payments: -Preparation of supplementary material on financial results: Yes Holding of financial results briefing: None
(Yen amounts are rounded down to millions, unless otherwise noted.)
-
Non-consolidated financial results for the nine months ended December 31, 2025 (from April 1, 2025 to December 31, 2025)
-
Non-consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit
Nine months ended
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
December 31, 2025
26,418
8.9
2,447
56.6
2,455
55.5
1,733
61.1
December 31, 2024
24,251
5.3
1,562
28.1
1,579
30.2
1,075
30.6
Basic earnings per share
Diluted earnings per share
Nine months ended
Yen
Yen
December 31, 2025
114.86
-
December 31, 2024
71.19
-
- Non-consolidated financial position
Total assets
Net assets
Equity-to-asset ratio
As of
Millions of yen
Millions of yen
%
December 31, 2025
22,824
15,239
66.8
March 31, 2025
20,893
14,047
67.2
Reference: Equity
As of December 31, 2025: ¥15,239 million As of March 31, 2025: ¥14,047 million
-
Non-consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
-
Cash dividends
Annual dividends per share
First quarter-end
Second quarter-end
Third quarter-end
Fiscal year-end
Total
Yen
Yen
Yen
Yen
Yen
Fiscal year ended
March 31, 2025
-
6.00
-
36.00
42.00
Fiscal year ending March 31, 2026
-
12.00
-
Fiscal year ending March 31, 2026 (Forecast)
50.00
62.00
Note: Revisions to the forecast of cash dividends most recently announced: Yes
- Non-consolidated financial results forecast for the fiscal year ending March 31, 2026 (from April 1, 2025 to March 31, 2026)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit | Basic earnings per share | |||||
Full year | Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen |
33,250 | 2.1 | 2,660 | 22.5 | 2,660 | 22.9 | 1,880 | 20.0 | 125.40 | |
Note: Revisions to the financial result forecast most recently announced: None
* NotesAdoption of accounting treatment specific to the preparation of quarterly non-consolidated financial statements: Yes
Changes in accounting policies, changes in accounting estimates, and restatement
Changes in accounting policies due to revisions to accounting standards and other regulations: None
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement: None
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2025
16,292,942 shares
As of March 31, 2025
16,292,942 shares
Number of treasury shares at the end of the period
As of December 31, 2025
1,489,762 shares
As of March 31, 2025
1,174,462 shares
Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2025 | 15,090,950 shares |
Nine months ended December 31, 2024 | 15,112,880 shares |
*Review of the Japanese-language originals of the attached quarterly non-consolidated financial statements by certified public accountants or an audit firm: Yes (voluntary) |
* Proper use of earnings forecasts, and other special matters |
(Notes on forward-looking statements, etc.) Forward-looking statements in this document, including the forecasts of financial results, etc., are based on the information currently available to the Company and certain assumptions deemed to be reasonable. Actual performance and other results may differ materially from these forecasts due to various factors. |
Quarterly Non-consolidated Financial Statements Quarterly Non-consolidated Balance Sheet
(Thousands of yen)
As of March 31, 2025
As of December 31, 2025
Assets
Current assets
Cash and deposits 6,508,050 7,269,493
Electronically recorded monetary claims -operating | 73,976 | 35,875 |
Accounts receivable-trade, and contract assets | 6,709,725 | 6,683,680 |
Merchandise and finished goods | 86,188 | 63,657 |
Work in process | 1,261 | 12,233 |
Other | 205,751 | 253,493 |
Allowance for doubtful accounts | (99) | - |
Total current assets | 13,584,854 | 14,318,434 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures | 1,448,969 | 1,456,611 |
Accumulated depreciation | (1,059,916) | (1,078,948) |
Buildings and structures, net 389,052 377,662 | ||
Land | 3,002,419 | 3,002,419 |
Other | 631,679 | 644,550 |
Accumulated depreciation | (517,779) | (506,550) |
Other, net 113,900 138,000 | ||
Total property, plant and equipment | 3,505,371 | 3,518,082 |
Intangible assets | ||
Software | 42,840 | 20,593 |
Other | 5,503 | 25,796 |
Total intangible assets | 48,343 | 46,389 |
Investments and other assets | ||
Investment securities | 2,883,564 | 4,010,272 |
Long-term loans receivable | 87,000 | 87,000 |
Other | 870,901 | 931,034 |
Allowance for doubtful accounts | (87,000) | (87,000) |
Total investments and other assets | 3,754,465 | 4,941,307 |
Total non-current assets 7,308,180 8,505,779 |
Total assets 20,893,035 22,824,213
(Thousands of yen)
As of March 31, 2025
As of December 31, 2025
Liabilities
Current liabilities
Accounts payable - trade | 1,838,810 | 1,801,641 |
Short-term borrowings | 486,000 | 534,000 |
Current portion of bonds payable | 40,000 | 20,000 |
Current portion of long-term borrowings | 786,720 | 751,150 |
Income taxes payable | 340,583 | 548,472 |
Contract liabilities | 377,214 | 320,220 |
Provision for bonuses | 625,200 | 528,714 |
Provision for bonuses for directors (and other officers) | 30,000 | 22,500 |
Other | 1,382,397 | 1,798,570 |
Total current liabilities | 5,906,926 | 6,325,268 |
Non-current liabilities | ||
Long-term borrowings | 553,351 | 518,942 |
Deferred tax liabilities | 287,623 | 643,087 |
Long-term accounts payable - other | 97,750 | 97,750 |
Total non-current liabilities | 938,724 | 1,259,779 |
Total liabilities | 6,845,651 | 7,585,047 |
Net assets | ||
Shareholders' equity | ||
Share capital | 2,905,422 | 2,905,422 |
Capital surplus | 2,188,641 | 2,199,701 |
Retained earnings | 7,996,215 | 9,003,736 |
Treasury shares | (339,254) | (943,398) |
Total shareholders' equity | 12,751,024 | 13,165,461 |
Valuation and translation adjustments | ||
Valuation difference on available-for-sale securities | 1,296,359 | 2,073,703 |
Total valuation and translation adjustments | 1,296,359 | 2,073,703 |
Total net assets | 14,047,384 | 15,239,165 |
Total liabilities and net assets | 20,893,035 | 22,824,213 |
Quarterly Non-consolidated Statement of Income
For the Nine-Month ended December 31, 2025 | ||
(Thousands of yen) | ||
For the nine months ended December 31, 2024 | For the nine months ended December 31, 2025 | |
Net sales | 24,251,047 | 26,418,289 |
Cost of sales | 21,197,592 | 22,389,749 |
Gross profit | 3,053,455 | 4,028,540 |
Selling, general and administrative expenses | 1,490,544 | 1,581,068 |
Operating profit | 1,562,911 | 2,447,472 |
Non-operating income | ||
Interest and dividend income | 16,711 | 20,530 |
Rental income from buildings | 14,292 | 10,320 |
Other | 5,451 | 11,832 |
Total non-operating income | 36,455 | 42,682 |
Non-operating expenses | ||
Interest expenses | 12,743 | 15,489 |
Depreciation of assets for rent | 4,648 | 2,328 |
Loss on retirement of non-current assets | 0 | 10,884 |
Other | 2,678 | 5,601 |
Total non-operating expenses | 20,070 | 34,303 |
Ordinary profit | 1,579,296 | 2,455,851 |
Extraordinary income | ||
Gain on sale of investment securities | - | 93,900 |
Total extraordinary income | - | 93,900 |
Extraordinary losses | ||
Loss on valuation of golf club membership | 1,636 | - |
Total extraordinary losses | 1,636 | - |
Profit before income taxes | 1,577,660 | 2,549,751 |
Income taxes | 501,840 | 816,423 |
Profit | 1,075,820 | 1,733,328 |