2025; excluding the support services for Oracle’s PeopleSoft software products, Adjusted RPO was ￥633.2 million as of March 31, 2026, an increase of 18.2% compared to ￥535.8 million as of March 31, 2025.

Gross margin was 59.0% for the first quarter of 2026 compared to 61.0% for the same period last year.

Operating income was ￥4.8 million for the first quarter of 2026 compared to ￥9.4 million for the same period last year.

Non-GAAP Operating Income was ￥7.9 million for the first quarter of 2026 compared to ￥14.5 million for the same period last year.

Net income was ￥1.4 million for the first quarter of 2026 compared to ￥3.4 million for the same period last year.

Non-GAAP Net Income was ￥4.0 million for the first quarter of 2026 compared to ￥9.5 million for the same period last year.

Adjusted EBITDA for the first quarter of 2026 was ￥8.9 million compared to ￥15.7 million for the same period last year.


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