PR TIMES (3922) Q1 2025 earnings summary

Executive summary

• Q1 revenue reached a fifth consecutive quarterly record at ¥1,925.0m, up 19.6% YoY; operating profit rose 41.0% to ¥484.5m.

• Growth was led by press release distribution; Jooto and Tayori remained in investment phase, with limited impact on quarterly sales.

• Revenue and operating profit reached 23.5% and 25.5% of full-year forecasts; progress was described as on plan.

Financial highlights

• Gross profit was ¥1,630.3m versus ¥1,407.5m YoY; ordinary profit was ¥484.4m, up 40.9%.

• Profit attributable to owners was ¥320.9m, up 38.9%; EPS was ¥23.88 versus ¥17.26.

• SG&A rose 7.7% YoY to ¥1,145m; gross margin was 84.7% versus 87.5%, while operating margin rose to 25.2% from 21.4%.

Outlook and guidance

• Full-year forecast unchanged: revenue ¥8,189m, operating profit ¥1,900m, ordinary profit ¥1,889m, net income ¥1,276m and EPS ¥94.94.

• H1 forecast: revenue ¥3,958m, operating profit ¥842m, ordinary profit ¥835m and net income ¥566m.

• FY2025 operating-profit ambition is ¥2.5bn while maintaining disciplined investment; the prior Milestone 2025 goal was ¥3.5bn, and FY2025 forecasts were undetermined.