TOKYO, Apr 13 (Pulse News Wire) – TeamSpirit Inc. (4397.T) reported robust financial results for its fiscal second quarter ending August 2026, achieving record-high growth in annual recurring revenue (ARR) and operating profit.
The company's ARR increased by ¥220 million compared to the previous quarter, marking a significant YoY increase of 2 times. Revenue reached ¥1.470 billion, up from ¥141.1 billion in the same period last year, while operating profit surged to ¥120 million, representing a 1.5-fold YoY rise. In addition to strong performance, TeamSpirit continued to invest in future growth initiatives while maintaining cost control measures. Notably, the company surpassed 700,000 users, with enterprise customers now accounting for more than half of total users.
New product launches, such as "TeamSpirit," have bolstered the company’s position in addressing labor law reforms. For capital management, TeamSpirit executed a self-share repurchase program in January, acquiring shares equivalent to 7.55% percent of outstanding shares. By February, the company had completed the share buyback amounting to ¥600 million, followed by back financing totaling the same value in March. Looking ahead, the company remains committed to its strategic goals outlined in its three-year medium-term plan, aiming for sustained growth in sales and ARR, targeting an ARR of ¥7 billion and an operating margin of ¥4.920 billion percent by fiscal year 2029.
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