Smaregi, the Osaka-based cloud point-of-sale operator listed on the Tokyo Stock Exchange, said consolidated operating profit rose 73.3% year on year to ¥1.03bn in the quarter through July 2026, on sales of ¥3.61bn, up 19.7%. Net profit attributable to owners climbed 77.4% to ¥683mn, with earnings per share at ¥35.50 versus ¥20.02 a year earlier.
The operating margin reached 28.5%, up from 19.7% in the same quarter last year. Management attributed the gain to a growing share of high-margin monthly subscription revenue, which rose 22.7% to ¥2.86bn and now accounts for 79.4% of sales, plus cost reductions from bringing cashless-payment processing in house rather than relying on outside providers. Advertising expense also fell 9.5% from the prior quarter as the company shifted spending toward lead generation with a tighter focus on cost per acquisition.
| Metric | Value | YoY change |
|---|---|---|
| Sales | ¥3.61bn | +19.7% |
| Operating profit | ¥1.03bn | +73.3% |
| Net profit attributable to owners | ¥683mn | +77.4% |
| Operating margin | 28.5% | +8.8pt |
| Annual recurring revenue (ARR) | ¥11.59bn | +22.9% |
| Paid-plan stores | 49,952 | +14.5% |
Annual recurring revenue reached ¥11.59bn as of the end of July, up 22.9%, while paid-plan store count rose 14.5% to 49,952. The company left its full-year outlook untouched: sales of ¥15.39bn, operating profit of ¥4.00bn, net profit of ¥2.78bn and a dividend forecast of ¥29 per share, all matching guidance issued in June.
Smaregi also noted it has joined trade-ministry discussions on a proposed cut to the consumption tax on food, pitching its cloud register as able to adapt to any new rate through a settings change rather than hardware replacement. That tax change remains under government discussion and has not been enacted, so the company's participation is a marketing angle rather than a settled policy shift affecting its business.