PCA (9629) investor relations material

Executive summary

• Net sales rose 6.6% year-over-year to 17,306 million yen, driven by growth in cloud services and new business initiatives.

• Operating profit declined 6.6% to 2,463 million yen due to a 16.1% increase in development-related expenses.

• Ordinary profit fell 7.2% to 2,495 million yen, impacted by a 70 million yen loss on investment partnerships.

• Profit attributable to owners of parent surged 35.3% to 2,355 million yen, mainly from an 887 million yen gain on sale of investment securities.

• Launched new service PCA Arch and expanded group through M&A, including Tyrell Systems Inc. and PRIMAS Inc.

Financial highlights

• Annual Recurring Revenue (ARR) increased 14.4% year-over-year to 11,320 million yen.

• Number of active subscriptions grew 24.0% year-over-year to 43,857.

• Cloud services accounted for 62.0% of total sales, up 14.5% year-over-year.

• Cash and cash equivalents at year-end were 18,548 million yen, down 2,924 million yen from the previous year.

• Dividend per share for FY2026 was 87 yen, with a payout ratio of 100.2%.

Outlook and guidance

• FY2027 forecast: net sales of 18,971 million yen (+9.6%), operating profit of 1,267 million yen (-48.6%), ordinary profit of 1,314 million yen (-47.3%), and profit attributable to owners of parent of 799 million yen (-66.1%).

• Significant upfront investments planned in AI, cloud migration, and talent recruitment, expected to temporarily reduce operating profit.

• Dividend policy revised to target a DOE of approximately 4.5%, shifting from a payout ratio-based approach.