Plus Alpha Consulting (4071) Q1 2026 earnings summary

Executive summary

• Net sales rose 14.0% year-over-year to 4,439 million yen in 1Q FY2026, with operating profit up 49.5% to 1,676 million yen and net income up 51.6% to 1,145 million yen.

• Comprehensive income grew 52.1% year-over-year to 1,148 million yen for the quarter.

• Growth was driven by increased customer numbers and ARPU, pushing company-wide ARR above 15 billion yen.

• HR Solutions segment saw strong expansion, while Marketing Solutions faced revenue and profit declines due to high cancellations.

Financial highlights

• Gross profit increased 10.2% year-over-year to 3,096 million yen.

• Selling, general, and administrative expenses fell 15.9% year-over-year, supporting margin expansion.

• Basic earnings per share rose to 27.03 yen from 17.81 yen year-over-year.

• Net income rose 51.6% year-over-year to 1,145 million yen.

• Both net sales and operating profit reached record highs for a first quarter.

Outlook and guidance

• FY2026 full-year guidance: net sales of 19,500 million yen (+14.1% YoY), operating profit of 7,500 million yen (+17.6% YoY), and profit attributable to owners of parent of 5,200 million yen (+59.6% YoY).

• Annual dividend forecast for FY2026 is 38 yen per share, up from 29 yen in FY2025.

• HR Solutions expected to drive further profit growth and margin improvement.