Northsand (446A JP)

Northsand is a consulting firm that provides both IT and business consulting services. Established in 2015, it helps organizations improve efficiency, modernize operations, and achieve sustainable growth. Northsand has posted strong topline momentum. A key driver has been the increasing customer base and revenue per customer. The company has also been able to retain/grow strong margin positions though OCF margins dipped slightly by 2 percentage points in 1H26. Nonetheless, with 1H26 results, Northsand looks likely to carry this strong growth in FY26.