Northsand,Inc.(446A) Financial Results

Current Period Guidance

Annual

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan, 2023 ＊	4,447	ー	309	31	0.5	3.67	ー	J-GAAP
Jan, 2024 ＊	9,188	1,054	1,067	719	12.0	0	ー	J-GAAP
Jan, 2025 ＊	16,417	2,774	2,798	1,974	32.9	0	ー	J-GAAP
Jan, 2026	26,185	5,547	5,479	4,046	65.5	0	Mar 13, 2026	J-GAAP
Jan, 2027 Guidance	38,493	8,630	8,647	6,405	92.8	33	Mar 13, 2026	J-GAAP
YoY	+47.0%	+55.6%	+57.8%	+58.3%	+41.7%

Guidance History

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards
Jan, 2026	Nov 21, 2025	25,006	4,874	4,874	3,474	－*	J-GAAP
-	Dec 12, 2025	25,006	4,874	4,874	3,474	0*	J-GAAP
	Jan 23, 2026	26,069	5,356	5,289	3,686	0*	J-GAAP
Results	Mar 13, 2026	26,185	5,547	5,479	4,046	0*	J-GAAP
Jan, 2027	Mar 13, 2026	38,493	8,630	8,647	6,405	33	J-GAAP

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Jan, 2021	1,482	－	Available in future release
Jan, 2022	2,407	+62.4
Jan, 2023	4,447	+84.8
Jan, 2024	9,188	+106.6
Jan, 2025	16,417	+78.7
Jan, 2026	26,185	+59.5
Jan, 2027 Guidance	38,493	+47.0	8,630	+55.6	8,647	+57.8	92.8	+41.7

Profitability

Fiscal Year	Revenue	Operating Profit	Operating Profit Margin	ROE	ROA	Total Asset Turnover Ratio	Adj. EPS
Jan, 2025 ＊	16,417	2,774	16.9	98.18	36.39	3.03	32.9
Jan, 2026	26,185	5,547	21.2	41.52	28.03	1.81	65.5
Jan, 2027 Guidance	38,493	8,630	22.4	38.92	29.30	1.76	92.8

All-Time High

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	26,185	5,547	5,479	4,046	65.5
Fiscal Year	Jan, 2026	Jan, 2026	Jan, 2026	Jan, 2026	Jan, 2026

First Half

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb - Jul, 2025	11,514	2,233	2,236	1,560	26.0	0	ー	J-GAAP
Feb - Jul, 2026 Guidance	ー	ー	ー	ー	－	0	Mar 13, 2026	J-GAAP
YoY	－	－	－	－	－

Guidance History

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards

Cash Flow

Annual

Fiscal Year	Operating Profit	Fee Cash Flow	Operating Cash Flow	Investing Cash Flow	Financial Cash Flow	Cash & Equivalents	Cash Ratio	Accounting Standards
Jan, 2024	1,054	667	990	-323	96	1,614	41.97	J-GAAP
Jan, 2025	2,774	1,555	1,934	-379	127	3,271	46.71	J-GAAP
Jan, 2026	5,547	2,415	4,286	-1,871	8,912	14,597	66.77	J-GAAP

Actual Performance and Financial Trends

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan, 2024	9,188	1,054	1,067	719	12.0	0	ー	J-GAAP
Jan, 2025	16,417	2,774	2,798	1,974	32.9	0	ー	J-GAAP
Jan, 2026	26,185	5,547	5,479	4,046	65.5	0	Mar 13, 2026	J-GAAP
YoY	+59.5%	+100.0%	+95.8%	+105.0%	+99.1%

Quarterly Results

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Aug - Oct, 2025	6,847	1,482	1,462	1,023	17.1	21.6	Dec 12, 2025	J-GAAP
Nov - Jan, 2025	7,824	1,832	1,781	1,463	23.7	23.4	Mar 13, 2026	J-GAAP
YoY	－	－	－	－	－

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Aug - Oct, 2025	6,847	－	Available in future release
Nov - Jan, 2025	7,824	－	1,832	－	1,781	－	23.7	－

All-Time High Quarterly Results

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	7,824	1,832	1,781	1,463	23.7
Fiscal Year	Jan, 2025	Jan, 2025	Jan, 2025	Jan, 2025	Jan, 2025

Key Balance Sheet Figures

Fiscal Year	BPS	Equity Ratio	Total Asset	Equity	Retained Earnings	Interest-Bearing Debt Ratio	Announce	Accounting Standards
Jan, 2024	988.20	25.7	3,846	988	ー	ー	ー	J-GAAP
Jan, 2025	3,034.20	43.3	7,003	3,033	2,956	0.36	ー	J-GAAP
Jan, 2026	238.48	75.3	21,861	16,455	7,003	0.04	Mar 13, 2026	J-GAAP