Core Concept Technologies Inc. [4371.T]
TOKYO, May 14 (Pulse News Wire) – Core Concept Technologies Inc. (4371.T) reported its fiscal 2026 first quarter results, showing revenue and operating profit slightly exceeding forecasts.
Revenue reached ¥23 billion, up 7.9% year-over-year, while operating profit stood at ¥599 million, essentially flat compared to the previous year. Operating margin was 11.9%, down 0.9 percentage points from the same period last year due to higher subcontractor costs and increased general and administrative expenses. The company also noted a significant loss related to trust accounting amounting to ¥296 million, impacting net income negatively.
Adjusted earnings per share improved to ¥436 million from ¥416 million in the corresponding quarter last year. Despite challenges, the firm's digital transformation support and IT talent acquisition services continued to grow, contributing positively to overall performance. However, the trust-related losses overshadowed gains, leading to a substantial decline in quarterly net income to ¥139 million from ¥416 million previously.
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