MoneyForward Revises FY2026 Forecast Higher on Fintech Strength

MoneyForward (TSE:3994) raised its earnings guidance for the fiscal year ending November 2026, citing robust performance in its Fintech business segment and anticipated gains from investment securities sales.

ItemBeforeAfterChange
Revenue53400～5755060500～62300—
SaaS ARR49742～5250549742～52505—
調整後 EBITDA※18000～1000010500～11500—
Operating Profit△2500～500△500～1500—
Ordinary Income△4200～△1200△2200～△200—
親会社株主———
1株当たり 当期純利益△66.59～△12.60△57.82～△12.65—

The company lifted revenue guidance to JPY 60.5bn–62.3bn from JPY 53.4bn–57.55bn, representing an 8.3–13.3% increase. Adjusted EBITDA was raised to JPY 10.5bn–11.5bn from JPY 8.0bn–10.0bn, reflecting improved operational efficiency. SaaS annual recurring revenue (ARR) guidance remained unchanged at JPY 49.742bn–52.505bn. Management attributed the revision to strong momentum in the Business segment’s Fintech operations and expected recognition of investment securities gains in the Finance segment during the third quarter of fiscal 2026.

Despite the upward revision, MoneyForward remains unprofitable on a bottom-line basis. Operating profit guidance improved to a range of negative JPY 0.5bn to positive JPY 1.5bn from negative JPY 2.5bn to positive JPY 0.5bn, while ordinary income (keijo rieki)—a Japan-specific metric combining operating profit with non-operating items—is projected at negative JPY 2.2bn to negative JPY 0.2bn, versus the prior negative JPY 4.2bn to negative JPY 1.2bn. Net profit per share guidance improved to negative JPY 57.82–12.65 from negative JPY 66.59–12.60. The revision signals that while revenue growth and cost management are accelerating, structural profitability challenges persist despite the one-time investment gains.

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.