BELLSYSTEM24 (6183) Q3 2025 earnings summary

Executive summary

• Revenue and operating profit declined year-over-year due to a sharp decrease in business related to national policy matters, including COVID-19, despite growth in fundamental business and election-related projects.

• Net income attributable to owners of the parent dropped 21.9% year-over-year, reflecting lower operating profit and reduced high-revenue COVID-19-related business.

• Strategic initiatives included the transfer of shares in CTC First Contact Corporation and the acquisition of SKY Perfect Customer-relations Corporation as a subsidiary.

• Development of AI-driven contact center solutions and automation services was initiated.

Financial highlights

• Q3 revenue: 107.94 billion yen, down 4.5% year-over-year.

• Operating income: 7.37 billion yen, down 17.4% year-over-year.

• Net income attributable to owners: 4.68 billion yen, down 21.9% year-over-year.

• Gross profit: 19.23 billion yen, down 6.7% year-over-year.

• Free cash flow increased to 13.61 billion yen from 8.50 billion yen year-over-year.

Outlook and guidance

• Full-year revenue forecast: 153.00 billion yen; progress rate at 70.5%.

• Operating income forecast: 12.50 billion yen; progress rate at 59.0%.

• Net income forecast: 8.00 billion yen; progress rate at 58.5%.

• A gain of approximately 3.5 billion yen from the CTCFC share transfer will be recorded in Q4.

• No revisions to previously announced forecasts; full-year revenue and profit are forecasted to increase moderately.