MoneyForward (TSE:3994) has revised its earnings forecast for the full fiscal year ending November 30, 2026, due to an upward adjustment in its SaaS ARR guidance.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | 53,400 ～ 57,550 | 53,400 ～ 57,550 | — |
| SaaS ARR | 47,500 ～ 49,800 | 49,742 ～ 52,505 | +4.7% ～ +5.4% |
| Adjusted EBITDA | 8,000 ～ 10,000 | 8,000 ～ 10,000 | — |
| Operating Profit | -2,500 ～ +500 | -2,500 ～ +500 | — |
| Ordinary Income | -4,200 ～ -1,200 | -4,200 ～ -1,200 | — |
| Net Profit | -3,700 ～ -700 | -3,700 ～ -700 | — |
| EPS | -¥66.59 ～ -¥12.60/share | -¥66.59 ～ -¥12.60/share | — |
The revision stems from a reassessment of the impact of including Fintech segment ARR under the SaaS ARR metric. The company clarified that the adjustment reflects a broader definition of SaaS ARR, which now incorporates revenue from its Fintech business.
The upward revision to SaaS ARR indicates MoneyForward is expanding its revenue recognition model, signaling a shift toward a more comprehensive SaaS-based revenue structure. This change may improve visibility into recurring revenue streams and align the company’s financial reporting with global SaaS industry standards. Investors should note that the rest of the financial metrics remain unchanged, with revenue, EBITDA, and profit lines staying within the same ranges as previously forecasted.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.