Interim report
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DISCLAIMER : This document has been translated from a part of the Japanese original for reference purposes only . In the event of any discrepancy between this translated document and the Japanese original , the original shall prevail . Non - consolidated Financial Results for the Three Months Ended June 30 , 2026 ( Under Japanese GAAP ) Company name : ALPHA SYSTEMS INC . Listing : Tokyo Stock Exchange Securities code : 4719 URL : https://www.alpha.co.jp/ Representative : Inquiries : Telephone : + 81-44-733-4111 Masayoshi Takehara , President Kazuhiro Kubota , Senior Managing Director Scheduled date to commence dividend payments : August 5 , 2026 Preparation of supplementary material on financial results : Holding of financial results briefing : None None ( Yen amounts are rounded down to millions , unless otherwise noted . ) 1. Non - consolidated financial results for the three months ended June 30 , 2026 ( from April 1 , 2026 to June 30 , 2026 ) ( 1 ) Non - consolidated operating results ( cumulative ) ( Percentages indicate year - on - year changes . ) Net sales Operating profit Ordinary profit Profit Three months ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % June 30 , 2026 10,126 5.5 1,216 3.8 1,255 4.5 849 3.2 June 30 , 2025 9,599 7.9 1,172 23.6 1,201 23.8 822 25.2 Basic earnings per share Three months ended Yen June 30 , 2026 60.49 June 30 , 2025 58.61 ( 2 ) Non - consolidated financial position As of June 30 , 2026 March 31 , 2026 Reference : Equity As of June 30 , 2026 : As of March 31 , 2026 : 2 . Cash dividends Fiscal year ended March 31 , 2026 Fiscal year ending March 31 , 2027 Fiscal year ending March 31 , 2027 ( Forecast ) Diluted earnings per share Yen Total assets Net assets Equity - to - asset ratio Millions of yen Millions of yen 51,662 45,133 45,334 53,238 ¥ 45,133 million ¥ 45,334 million First quarter - end Second quarter - end Yen Yen 60.00 70.00 % 87.4 85.2 Annual dividends per share Third quarter - end Fiscal year - end Total Yen Yen Yen 75.00 135.00 70.00 140.00 Note : Revisions to the forecast of cash dividends most recently announced : None 3. Forecast of non - consolidated financial results for the fiscal year ending March 31 , 2027 ( from April 1 , 2026 to March 31 , 2027 ) ( Percentages indicate year - on - year changes . ) Basic earnings per share Net sales Operating profit Ordinary profit Profit Millions of yen % Millions of yen % Millions of yen % Millions of yen % 20,300 3.7 2,300 ( 3.2 ) 2,400 ( 2.2 ) 1,600 ( 5.1 ) Six months ending September 30 , 2026 Fiscal year ending 42,500 4.4 March 31 , 2027 5,100 Note : Revisions to the earnings forecasts most recently announced : None Yen 113.97 31 3.1 5,300 3.7 3,650 ( 2.7 ) 260.00
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* Notes (1) Adoption of accounting treatment specific to the preparation of quarterly non-consolidated financial statements: None (2) Changes in accounting policies, changes in accounting estimates, and restatement (i) Changes in accounting policies due to revisions to accounting standards and other regulations: None (ii) Changes in accounting policies due to other reasons: None (iii) Changes in accounting estimates: None (iv) Restatement: None (3) Number of issued shares (common shares) (i) Total number of issued shares at the end of the period (including treasury shares) As of June 30, 2026 14,052,400 shares As of March 31, 2026 14,052,400 shares (ii) Number of treasury shares at the end of the period As of June 30, 2026 13,776 shares As of March 31, 2026 13,756 shares (iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) Three months ended June 30, 2026 14,038,639 shares Three months ended June 30, 2025 14,038,705 shares * Review of the Japanese-language originals of the attached quarterly non-consolidated financial statements by certified public accountants or an audit firm: None * Proper use of earnings forecasts, and other special matters The forward-looking statements, including forecasts of financial results, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. However, the Company makes no guarantee that these forecasts will be achieved. Actual financial results, etc. may differ substantially due to various factors. For the conditions on which earnings forecasts are predicated and precautions for using earnings forecasts, please refer to "1. Summary of Operating Results, etc. (3) Explanation of Forward-Looking Information such as Earnings Forecasts."
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Quarterly balance sheet (Thousands of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and deposits 22,774,245 22,454,330 Accounts receivable and contract assets 9,847,427 8,596,450 Securities 100,000 100,000 Work in process 772 8,155 Other 496,923 713,914 Allowance for doubtful accounts (2,000) - Total current assets 33,217,368 31,872,851 Non-current assets Property, plant and equipment Buildings, net 4,414,219 4,509,472 Land 5,173,538 5,173,538 Other, net 156,293 226,324 Total property, plant and equipment 9,744,051 9,909,335 Intangible assets 12,578 14,182 Investments and other assets Investment securities 5,302,316 5,303,265 Other 4,963,185 4,563,706 Allowance for doubtful accounts (1,000) (1,000) Total investments and other assets 10,264,502 9,865,971 Total non-current assets 20,021,132 19,789,489 Total assets 53,238,500 51,662,340 Liabilities Current liabilities Accounts payable - trade 1,119,287 688,395 Income taxes payable 692,386 75,443 Provision for bonuses 1,783,186 509,594 Provision for bonuses for directors (and other officers) - 13,200 Other 3,873,665 5,107,159 Total current liabilities 7,468,526 6,393,792 Non-current liabilities Provision for retirement benefits 210,330 64,857 Other 224,860 70,047 Total non-current liabilities 435,190 134,904 Total liabilities 7,903,717 6,528,697 Net assets Shareholders' equity Share capital 8,500,550 8,500,550 Capital surplus 8,647,050 8,647,050 Retained earnings 28,130,317 27,926,686 Treasury shares (40,995) (41,060) Total shareholders' equity 45,236,922 45,033,225 Valuation and translation adjustments Valuation difference on available-for-sale securities 97,861 100,417 Total valuation and translation adjustments 97,861 100,417 Total net assets 45,334,783 45,133,643 Total liabilities and net assets 53,238,500 51,662,340
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Quarterly statement of income (Thousands of yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Net sales 9,599,260 10,126,298 Cost of sales 7,223,558 7,653,358 Gross profit 2,375,701 2,472,939 Selling, general and administrative expenses 1,203,051 1,255,947 Operating profit 1,172,650 1,216,991 Non-operating income Interest income 20,258 27,491 Dividend income 700 1,750 Rental income 9,080 9,080 Other 2,366 4,113 Total non-operating income 32,405 42,435 Non-operating expenses Rental costs 3,832 4,283 Total non-operating expenses 3,832 4,283 Ordinary profit 1,201,223 1,255,144 Extraordinary income Gain on sale of non-current assets 715 2,403 Total extraordinary income 715 2,403 Extraordinary losses Loss on retirement of non-current assets 18,390 5,380 Total extraordinary losses 18,390 5,380 Profit before income taxes 1,183,548 1,252,166 Income taxes - current 2,808 2,798 Income taxes - deferred 357,960 400,101 Total income taxes 360,769 402,899 Profit 822,778 849,267
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(Notes on segment information, etc.) I. The three months of the previous fiscal year (April 1, 2025 to June 30, 2025) Information on sales and the amount of profit or loss for each reported segment (Thousands of yen) Reportable segments Other (Note) 1 Total Adjustment amount (Note) 2 Quarterly Income Statement (Note)3 Software development related business Sales Revenues from external customers 9,474,314 124,945 9,599,260 - 9,599,260 Transactions with other segments (10) 10 - - - Total 9,474,304 124,955 9,599,260 - 9,599,260 Segment Profit 1,159,393 21,013 1,180,407 (7,756) 1,172,650 Note: 1. The "Other" category refers to business segments that are not included in the reporting segments, and includes produ ct sales businesses. 2. The adjusted amount of segment profit of (7,756) thousand yen is personnel expenses that have not been allocated to each r eporting segment. 3. Segment profit is adjusted to operating income in the quarterly income statement. II. The three months of the current fiscal year (April 1, 2026 to June 30, 2026) Information on sales and the amount of profit or loss for each reported segment (Thousands of yen) Reportable segments Other (Note) 1 Total Adjustment amount (Note) 2 Quarterly Income Statement (Note)3 Software development related business Sales Revenues from external customers 9,941,421 184,876 10,126,298 - 10,126,298 Transactions with other segments (10) 10 - - - Total 9,941,410 184,887 10,126,298 - 10,126,298 Segment Profit 1,183,693 42,577 1,226,270 (9,278) 1,216,991 Note: 1. The "Other" category refers to business segments that are not included in the reporting segments, and includes product sales businesses. 2. The adjusted amount of segment profit of (9,278) thousand yen is personnel expenses that have not been allocated to each r eporting segment. 3. Segment profit is adjusted to operating income in the quarterly income statement.