Plus Alpha Consulting (4071) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended June 30, 2026, rose 12.3% year-over-year to 14,010 million yen, with operating profit up 21.2% to 5,368 million yen and profit attributable to owners of parent up 23.9% to 3,667 million yen.

• Profit margins improved due to cost control and higher ARPU, with comprehensive income increasing 24.1% year-over-year to 3,674 million yen.

• HR Solutions drove growth with a 17.7% increase in net sales and a 26.4% rise in operating profit, while Marketing Solutions saw a 5.7% decline in net sales and a 17.6% drop in operating profit due to high cancellations.

• Recurring revenue and ARPU continued to expand, especially in the enterprise segment, supporting stable profitability.

Financial highlights

• Gross profit for the nine months reached 9,837 million yen, up from 9,036 million yen year-over-year.

• Companywide operating profit margin improved to 38.3%, up 2.8 points year-over-year.

• ARR at the end of 3Q reached 16,521 million yen, up 10.7% year-over-year.

• Net assets increased to 17,253 million yen and the equity ratio rose to 83.8%.

• Cash and deposits grew by 1,198 million yen from the previous quarter, reflecting strong profit generation.

Outlook and guidance

• Full-year FY2026 guidance projects 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).

• Basic earnings per share forecasted at 122.73 yen for the full year.

• HR Solutions expected to be the main driver of revenue and profit growth.