NS SolutionsNS Solutions Corporation2327東証プライム情報・通信業FY ending Mar 2026, consolidated, IFRS

NS Solutions FY ending Mar 2026 results

NS Solutions brought in ¥381.3B in revenue.

Out of every ¥100 of sales, about ¥12 is left as operating profit.

Revenue changed +12.7% from the prior year, operating profit +14.9%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +12.7% · profit +14.9%, calculated from disclosed figures.

Operating leverage: 1.17× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+12.7%¥338.3B → ¥381.3B
Gross profit
+24.6%¥81.7B → ¥101.8B
Operating income
+14.9%¥38.5B → ¥44.2B
Net income attributable to owners
+14.0%¥27B → ¥30.8B
Operating cash flow
-109.2%¥37.2B → -¥3.41B
Free cash flow
-126.0%¥33.7B → -¥8.77B

Results at a glance

  • In the FY ending Mar 2026, revenue rose from ¥338.3B to ¥381.3B (+12.7%), and operating income grew from ¥38.5B to ¥44.2B (+14.9%).
  • Gross profit climbed +24.6%, faster than revenue, as margins improved.
  • Operating cash flow swung from ¥37.2B to -¥3.41B, and free cash flow came in at -¥8.77B.
  • The company says the main reason was a large tax payment this year tied to securities it sold the year before.

What drove the change

  • Sales grew mainly with manufacturing, steel and retail clients, and the newly consolidated INFOCOM added to revenue
  • Better gross margins on top of higher sales lifted gross profit
  • SG&A rose as the company pulled forward plan initiatives such as sales, hiring and training, and consolidated INFOCOM, but profit still grew

Things to watch

  • Results can swing with client IT spending, competition, whether large projects come in, and the profitability of individual projects
  • Fixed-price system projects can cost more than planned if unexpected problems arise
  • A data leak or service outage could lead to damage claims and loss of trust

Annual Securities Report (46th fiscal year) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report (46th fiscal year) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 NS Solutions sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥73
SG&A
¥15
Operating profit
¥12
Net profit kept
¥8

Annual margin trends

Gross margin26.7%
FY ending Mar 2021: 20.6%20.6%FY ending Mar 2022: 22.4%22.4%FY ending Mar 2023: 22.6%22.6%FY ending Mar 2024: 23.1%23.1%FY ending Mar 2025: 24.2%24.2%FY ending Mar 2026: 26.7%26.7%FY21FY22FY23FY24FY25FY26
Operating margin11.6%
FY ending Mar 2021: 9.7%9.7%FY ending Mar 2022: 11.1%11.1%FY ending Mar 2023: 10.9%10.9%FY ending Mar 2024: 11.3%11.3%FY ending Mar 2025: 11.4%11.4%FY ending Mar 2026: 11.6%11.6%FY21FY22FY23FY24FY25FY26
Net margin8.1%
FY ending Mar 2021: 6.7%6.7%FY ending Mar 2022: 7.6%7.6%FY ending Mar 2023: 7.5%7.5%FY ending Mar 2024: 7.8%7.8%FY ending Mar 2025: 8.0%8.0%FY ending Mar 2026: 8.1%8.1%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第46期(2025/04/01-2026/03/31)

    ID S100YAEV2026-06-15Open
  • EDINET (FSA Japan)

    有価証券報告書-第45期(2024/04/01-2025/03/31)

    ID S100VY522025-06-17Open
  • EDINET (FSA Japan)

    有価証券報告書-第44期(2023/04/01-2024/03/31)

    ID S100TO3M2024-06-20Open
  • EDINET (FSA Japan)

    有価証券報告書-第43期(2022/04/01-2023/03/31)

    ID S100R04V2023-06-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第42期(令和3年4月1日-令和4年3月31日)

    ID S100OBX02022-06-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第41期(令和2年4月1日-令和3年3月31日)

    ID S100LKFP2021-06-21Open

Extracted from XBRL: 43 / Derived from other figures: 1

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