PCI Holdings (3918) Q3 2026 earnings summary

Executive summary

• Net sales for Q3 FY3/2026 reached 19,545 million yen, up 4.5% year-over-year, with operating profit at 989 million yen, a 26.1% increase year-over-year, and ordinary profit at 1,028 million yen.

• Gross profit margin improved to 23.6% from 22.9% year-over-year, and EBITDA rose 20.0% to 1,236 million yen.

• Ordinary income increased 43.0% year-over-year, but net income attributable to owners of parent declined by 5.1% due to one-time gains in the prior year.

• Profit attributable to owners of parent was 707 million yen, with basic earnings per share of 71.43 yen.

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

Financial highlights

• Net sales: 19,545 million yen (YOY +4.5%).

• Operating profit: 989 million yen (YOY +26.1%), margin 5.1% (YOY +0.9p).

• Gross profit: 4,603 million yen (YOY +7.3%), margin 23.6% (YOY +0.7p).

• EBITDA: 1,236 million yen (YOY +20.0%), margin 6.3%.

• Net income attributable to owners of parent: 707 million yen (YOY -5.1%).

• Extraordinary income totaled 22 million yen, while extraordinary losses were 1.8 million yen.

• Comprehensive income for the period was 707 million yen.

Outlook and guidance

• Full-year FY3/2026 forecast: net sales of 28,200 million yen, operating profit of 2,100 million yen, ordinary profit of 2,100 million yen, and profit attributable to owners of parent of 1,250 million yen (EPS: 126.11 yen).

• Dividend for FY3/2026 planned at 44 yen per share (19 yen interim, 25 yen year-end; third quarter-end dividend of 25 yen).

• Targeting a total payout ratio of 50% or more, including dividends and share buybacks.

• No revisions to the previously announced financial result forecast.