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Money Forward ( (JP:3994) ) just unveiled an announcement.
Money Forward reported consolidated net sales of ¥50.3 billion for the fiscal year ended November 30, 2025, up 24.7% year on year, driven mainly by a 31.1% increase in SaaS annual recurring revenue to ¥39.3 billion. Adjusted EBITDA surged to ¥4.96 billion, while the company narrowed past operating and ordinary losses to ¥2.65 billion and ¥3.87 billion respectively and swung to a profit attributable to owners of the parent of ¥1.59 billion, reflecting improving profitability and scale benefits in its core SaaS businesses. Total assets rose to ¥127.6 billion and equity to ¥40.9 billion, but the equity ratio edged down to 32.0%, and the company maintained its policy of paying no dividends as it prioritizes reinvestment for growth. For the fiscal year ending November 30, 2026, Money Forward forecasts continued top-line expansion with net sales of ¥53.4–57.55 billion and further growth in SaaS ARR to ¥47.5–49.8 billion, alongside a marked increase in adjusted EBITDA to ¥8.0–10.0 billion, although it still projects an operating loss or breakeven and a net loss, indicating ongoing investment and restructuring, including the earlier transfer of shareholdings in Nexsol Co., Ltd. and SMARTCAMP Co., Ltd.
The most recent analyst rating on (JP:3994) stock is a Hold with a Yen4059.00 price target. To see the full list of analyst forecasts on Money Forward stock, see the JP:3994 Stock Forecast page.
More about Money Forward
Money Forward, Inc., listed on the Tokyo Stock Exchange, operates in the financial technology sector, offering cloud-based software-as-a-service (SaaS) solutions for businesses and households, including accounting, expense management and related back-office services, with a strong focus on recurring subscription revenue in Japan.
Average Trading Volume: 623,472
Technical Sentiment Signal: Sell
Current Market Cap: Yen259.1B
For an in-depth examination of 3994 stock, go to TipRanks’ Overview page.

