Plus Alpha Consulting (4071) Q3 2025 earnings summary

Executive summary

• Net sales rose 26.5% year-over-year to 12,481 million yen and operating profit increased 42.6% to 4,430 million yen for the nine months ended June 30, 2025, with a 35.5% operating margin.

• Profit attributable to owners of parent increased 40.5% to 2,960 million yen; comprehensive income rose 40.5% to 2,959 million yen.

• Progress against the full-year plan was strong, with net sales at 70.4% and operating profit at 79.1% of targets.

• Profit growth was driven by HR Solutions, while marketing expenses were curtailed, improving margins.

Financial highlights

• Gross profit for the nine months was 9,036 million yen, up 26.0% year-over-year.

• Ordinary profit reached 4,373 million yen, up 40.7% year-over-year; net profit was 2,960 million yen, up 40.5%.

• Basic earnings per share increased to 71.34 yen from 49.85 yen year-over-year.

• Equity ratio remained high at 78.2% as of June 30, 2025.

• Total assets as of June 30, 2025 were 14,538 million yen, with net assets at 11,389 million yen.

Outlook and guidance

• FY2025 net sales forecast revised to 17,000 million yen (up 22.2% year-over-year), with operating profit forecast at 6,100 million yen (35.9% margin) and profit attributable to owners of parent at 4,100 million yen.

• Basic EPS forecast for FY2025 is 98.97 yen.

• Dividend payout ratio target raised from 20% to 30%; year-end dividend forecast increased from 18 to 29 yen per share.

• Medium-term goal is to reach 30 billion yen in sales and 10 billion yen in operating profit.