Northsand opened the year to April 30 with ¥8.856 billion in sales, ¥1.809 billion in operating profit and ¥1.337 billion in net income, while management pointed to firm consulting demand for business reform work that includes generative AI and said new consultant hiring remained smooth and utilisation stayed high.
The company kept its full-year outlook unchanged at ¥38.493 billion in sales, ¥8.630 billion in operating profit and ¥6.405 billion in net income, with a year-end dividend forecast of ¥33 a share. One caveat matters: Northsand did not provide year-on-year first-quarter comparisons because it had not prepared comparable quarterly statements for the same period a year earlier.
The more strategic disclosure was about market status. Northsand said its board had approved preparations for an application to move from the Tokyo Stock Exchange Growth Market to the Prime Market, with a goal of applying during 2026. For a company that listed on the Growth Market only on November 21, 2025, that is a quick step up the ladder, but it is still only preparation. Northsand said the filing date and any approval date are undecided, preparations could be halted, and Tokyo Stock Exchange approval is not assured.