PCI Holdings (3918) Q2 2026 earnings summary

Executive summary

• Achieved year-on-year increases in net sales and operating profit for the six months ended September 30, 2025, surpassing first-half plan targets, with net sales at ¥13,611 million and operating profit at ¥766 million.

• Ordinary profit reached ¥791 million, and profit attributable to owners of parent was ¥528 million, up 8.6% year-over-year.

• All business segments contributed to growth, with notable recovery from the prior year’s bottom.

• Strategic focus on human capital investment, AI solutions, and collaboration with Restar to drive future growth.

• Fiscal year-end changed from September 30 to March 31, affecting year-on-year comparisons.

Financial highlights

• Net sales: ¥13,611 million, up 9.2% year-over-year; operating profit: ¥766 million, up 62.6%; ordinary income: ¥791 million, up 113.3%.

• Gross profit: ¥3,217 million, up 14.4% year-over-year; gross margin increased to 23.6%.

• EBITDA: ¥930 million, up 46.6% year-over-year; EBITDA margin rose to 6.8%.

• Basic earnings per share for the six months was ¥53.40.

• Equity-to-asset ratio improved to 58.2% (equity: ¥9,273 million).

Outlook and guidance

• Full-year forecast for the fiscal year ending March 31, 2026: net sales of ¥28,200 million, operating profit of ¥2,100 million, ordinary profit of ¥2,100 million, and profit attributable to owners of parent of ¥1,250 million.

• Basic earnings per share for the full year is projected at ¥126.18.

• Continued focus on talent development, high-value project orders, and AI solution expansion.

• Plans to optimize outsourcing costs and maintain strategic investments.

• No revisions to previously announced forecasts.