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Equity Bottom-Up

Japan Business Systems  / Equity Bottom-Up

<ul><li>In Q3 FY2026/9, Japan Business Systems, Inc. (hereafter, JBS or the Company) reported net sales of JPY 167,867 mn (+27.1% YoY) and operating profit of JPY 6,892 mn (+15.3% YoY).</li><li>Operating profit increased as the Company secured more AI- and data-utilization projects in the CI business*, primarily from existing customers, while highly profitable hybrid services  expanded in the CS business*.</li><li>Supported by growing demand for data platforms and IT infrastructure for generative AI adoption, profitability also improved, particularly in the CS business. </li></ul>

In Q3 FY2026/9, Japan Business Systems, Inc. (hereafter, JBS or the Company) reported net sales of JPY 167,867 mn (+27.1% YoY) and operating profit of JPY 6,892 mn (+15.3% YoY).Operating profit increased as the Company secured more AI- and data-utilization projects in the CI business*, primarily from existing customers, while highly profitable hybrid services  expanded in the CS business*.Supported by growing demand for data platforms and IT infrastructure for generative AI adoption, profitability also improved, particularly in the CS business. 

Japan Business Systems (5036 JP) - Continued Profit Growth Expected on AI-Related Demand Tailwinds

<ul><li>In Q3 FY2026/9, Japan Business Systems, Inc. (hereafter, JBS or the Company) reported net sales of JPY 167,867 mn (+27.1% YoY) and operating profit of JPY 6,892 mn (+15.3% YoY).</li><li>The Company maintained the upwardly revised FY2026/9 forecast announced in H1.</li><li>SIR believes the Company’s share price tends to rise as EPS moves higher, making market expectations for profit growth an important factor in share price performance.</li></ul>

In Q3 FY2026/9, Japan Business Systems, Inc. (hereafter, JBS or the Company) reported net sales of JPY 167,867 mn (+27.1% YoY) and operating profit of JPY 6,892 mn (+15.3% YoY).The Company maintained the upwardly revised FY2026/9 forecast announced in H1.SIR believes the Company’s share price tends to rise as EPS moves higher, making market expectations for profit growth an important factor in share price performance.

Japan Business Systems | 5036 FY2026/9 Q3 Follow-Up

<ul><li>In Q2 FY2026/9, Japan Business Systems, Inc. (the Company) posted net sales of JPY 86,377 mn (+37.8% YoY) and operating profit of JPY 5,224 mn (+15.9% YoY).</li><li>Net sales surged, driven by a temporary major software-related transaction in the L&amp;P business*.</li><li>Operating profit rose as the CI business* captured new customers and won projects from existing customers, while the CS business* grew hybrid services that combine high-margin specialist on-site support with cloud managed services.</li></ul>

In Q2 FY2026/9, Japan Business Systems, Inc. (the Company) posted net sales of JPY 86,377 mn (+37.8% YoY) and operating profit of JPY 5,224 mn (+15.9% YoY).Net sales surged, driven by a temporary major software-related transaction in the L&amp;P business*.Operating profit rose as the CI business* captured new customers and won projects from existing customers, while the CS business* grew hybrid services that combine high-margin specialist on-site support with cloud managed services.

Japan Business Systems (5036 JP) - Growing Demand for Cloud Infrastructure Development

<ul><li>Q1 FY2026/9 results | In Q1 FY2026/9, Japan Business Systems, Inc. (the Company) posted net sales of JPY 48,687 mn (+74.4% YoY) and operating profit of JPY 2,313 mn (+21.6% YoY).</li><li>Net sales surged, driven by a temporary major software-related transaction in the L&amp;P business*.</li><li>Meanwhile, operating profit remained solid, supported by stronger project development and new deal wins, mainly from major customers in the Cloud Integration (CI) business*, as well as an increase in operational support projects in the Cloud Service (CS) business* stemming from performance growth in the CI business.</li></ul>

Q1 FY2026/9 results | In Q1 FY2026/9, Japan Business Systems, Inc. (the Company) posted net sales of JPY 48,687 mn (+74.4% YoY) and operating profit of JPY 2,313 mn (+21.6% YoY).Net sales surged, driven by a temporary major software-related transaction in the L&amp;P business*.Meanwhile, operating profit remained solid, supported by stronger project development and new deal wins, mainly from major customers in the Cloud Integration (CI) business*, as well as an increase in operational support projects in the Cloud Service (CS) business* stemming from performance growth in the CI business.

Japan Business Systems (5036 JP) - AI Winners and Losers Come into Focus...

<ul><li>Japan Business Systems, Inc. (the Company) is an independent system integrator founded in 1990. Since its establishment, the Company has expanded its value proposition and business domains in step with the evolution of services centered on Microsoft products.</li><li>From the 2010s onward, as Microsoft made a major shift toward a cloud strategy, the Company built a comprehensive framework to support customer DX initiatives through the construction of cloud infrastructure using Microsoft Azure, operational efficiency improvements using Microsoft 365, and security design services.</li><li>Over the period from FY2017/9 to FY2025/9, the Company achieved strong growth, with a CAGR of 21.8% in net sales and 21.6% in ordinary profit.</li></ul>

Japan Business Systems, Inc. (the Company) is an independent system integrator founded in 1990. Since its establishment, the Company has expanded its value proposition and business domains in step with the evolution of services centered on Microsoft products.From the 2010s onward, as Microsoft made a major shift toward a cloud strategy, the Company built a comprehensive framework to support customer DX initiatives through the construction of cloud infrastructure using Microsoft Azure, operational efficiency improvements using Microsoft 365, and security design services.Over the period from FY2017/9 to FY2025/9, the Company achieved strong growth, with a CAGR of 21.8% in net sales and 21.6% in ordinary profit.

5036 JP - Shift to an ES-Led Model Marks the Transition to a Profitability Improvement Phase

Japan

Japan Business Systems, Inc. offers information technology services. The Company provides system integration, application development, cloud integration, cloud services, and other services. Japan Business Systems also offers license products.

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Japan Business Systems (5036 JP)

Japan Business Systems | 5036 FY2026/9 Q3 Follow-Up

In Q3 FY2026/9, Japan Business Systems, Inc. (hereafter, JBS or the Company) reported net sales of JPY 167,867 mn (+27.1% YoY) and operating...

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