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Persol (2181) investor relations material
Persol Q4 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
FY2025 saw record highs in revenue and all profit stages, with all SBUs contributing to growth.
Adjusted EBITDA increased 12.6% YoY to ¥88,176 million, operating profit rose 15.8% YoY to ¥66,512 million, both exceeding forecasts.
ROIC reached 18.2% and ROE 20.9%, surpassing mid-term management plan targets.
Major acquisitions included Gojob SAS, an AI-driven staffing platform, and PERSOL COMMUNICATION SERVICES LIMITED.
FY2026 will focus on upfront investments in AI and systems to drive future profitability.
Financial highlights
FY2025 revenue: ¥1,555.8 billion (+7.2% YoY), gross profit: ¥355.5 billion (+7.0% YoY).
Operating profit: ¥66.5 billion (+15.8% YoY), adjusted EBITDA: ¥88.2 billion (+12.6% YoY).
Net profit attributable to owners: ¥42.7 billion (+19.0% YoY), EPS: ¥19.42 (+20.1% YoY).
Cash and cash equivalents at year-end: ¥85.0 billion (+¥2.2 billion YoY).
Dividend payout ratio (adjusted EPS basis): 53.0% for FY2025.
Outlook and guidance
FY2026/FY2027 targets 10% adjusted EBITDA growth, with revenue forecast at ¥1,665.0 billion (+7.0% YoY).
Operating profit forecast: ¥71.0 billion (+6.7% YoY), adjusted EBITDA: ¥97.0 billion (+10.0% YoY).
Annual dividend forecast for FY2026: ¥13.0 per share, a record high.
All SBUs expected to post year-over-year increases in revenue and profit.
Focus on AI-driven business model transformation and investments in technology.
- Aims for 10% EBITDA CAGR and tech-driven HR transformation with strong AI integration.2181
Investor presentation14 May 2026 - Record revenue and profit growth, driven by BPO gains and Gojob SAS acquisition.2181
Q3 202616 Feb 2026 - Revenue up 9.8% year-on-year, strong profit and segment growth, guidance unchanged.2181
Q1 20252 Feb 2026 - Strong first-half growth, raised outlook, treasury share cancellation, and ESG upgrade to AAA.2181
Q2 202515 Jan 2026 - Revenue up 9.6%, profit up 21.3%, all segments grew, BPO/IT expansion completed.2181
Q3 202523 Dec 2025 - Record 1H revenue and profit, digital expansion via Gojob, and record-high dividend forecast.2181
Q2 202625 Nov 2025 - Revenue up 3.6% year-on-year, with strong BPO and Career growth but FX weighed on Asia Pacific.2181
Q1 202623 Nov 2025 - Record profits and double-digit EBITDA growth forecast, driven by all business units.2181
Q4 20259 Jun 2025
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