PCI Holdings (3918) Q4 2025 earnings summary

Executive summary

• Fiscal year ending March 2025 was a six-month transitional period due to a change in fiscal year-end, aligning with parent company Restar Corporation for operational efficiency.

• Net sales for the six months ended March 31, 2025, were ¥13,278 million, with operating profit at ¥679 million and profit attributable to owners of parent at ¥489 million.

• Strategic focus on ICT Solutions and collaboration with Restar to drive growth and expand business opportunities.

• Comprehensive income for the period was ¥494 million.

Financial highlights

• Net sales for the six-month period were ¥13,278 million, up 5.3% year-over-year (reference: Oct-Mar period).

• Operating income rose 16.5% to ¥679 million; net profit attributable to owners increased 48.0% to ¥489 million.

• EBITDA reached ¥844 million, up 12.8% year-over-year.

• Gross profit margin remained stable at 23.2%.

• Basic earnings per share: ¥49.39 (six months), compared to ¥82.34 (full year).

Outlook and guidance

• FY3/2026 net sales projected at ¥28,200 million (+9.5% YoY), operating profit at ¥2,100 million (+82.4% YoY), and net profit at ¥1,250 million (+28.0% YoY).

• Basic EPS for FY3/2026 forecast at ¥126.21.

• Focus on high-value-added projects, cost reduction, and leveraging Restar collaboration for further growth.

• Medium-term plan "PCI-VISION2027" targets operating margin ≥9%, ROE/ROIC ≥15%, and PBR ≥2x by FY3/2027.