TOKYO, May 08 (Pulse News Wire) – Iridge,inc. (3917.T) reported lower-than-estimated fiscal year 2026 results compared to its forecast released on June 30, 2025.
The company also recorded a special loss in the fourth quarter of FY26 due to significant investments in personnel and technology upgrades. For the fiscal year ending March 31, 2026, iRidge's revenue was ¥7.084 billion, operating profit was ¥246 million, ordinary profit was ¥113 million, and net income attributable to parent shareholders was ¥637 million. These figures fell below the previous estimates of ¥7.200 billion for revenue, ¥300 million for operating profit, ¥270 million for ordinary profit, and ¥800 million for net income.
The discrepancy was attributed to slower-than-expected growth in certain large-scale projects, which pushed their completion into fiscal year 2027. Additionally, increased expenses related to hiring project managers and expanding the workforce in the EX-DX domain did not yield corresponding sales increases. Furthermore, iRidge incurred a special loss of ¥231 million due to the fundamental refresh of its APPBOX platform architecture to integrate advanced AI functionalities more effectively.
Despite these challenges, the company expects ongoing benefits from organizational enhancements made during FY26 in future quarters.
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