PR TIMES (3922) Q3 2026 earnings summary

Executive summary

• Q3 net sales rose 21.1% YoY to ¥2,533 million and operating profit rose 72.0% to ¥1,098 million; both set quarterly records for a third consecutive quarter.

• Nine-month net sales reached ¥7,208.2 million, up 20.4% YoY; EBITDA rose 83.7% to ¥3,228.6 million and operating profit rose 87.3% to ¥2,990.4 million.

• Nine-month progress reached 75.7% of FY2025 net sales guidance and 83.1% of operating profit guidance; management expects to exceed its ¥3.5 billion Milestone 2025 operating-profit target.

Financial highlights

• Q3 gross profit was ¥2,147 million, EBITDA ¥1,185 million and profit ¥750 million; YoY growth was 21.6%, 70.9% and 101.0%, respectively.

• Nine-month gross profit was ¥6,082.9 million versus ¥5,054.8 million; SG&A was ¥3,092.5 million versus ¥3,458.0 million.

• Nine-month ordinary profit rose 87.3% YoY to ¥2,985.7 million; profit before income taxes was ¥2,958.3 million and income taxes were ¥935.4 million.

• Cash and deposits increased ¥1,790.0 million from FY-end to ¥7,395.3 million; total assets reached ¥10,551.3 million.

• Q3 advertising expenses fell 33.5% YoY to ¥132 million; G&A was 6.3% of net sales and remained below 10%.

Outlook and guidance

• FY2025 forecasts remain unchanged at net sales of ¥9,522 million, EBITDA of ¥3,973 million, operating profit of ¥3,600 million, ordinary profit of ¥3,581 million and parent profit of ¥2,410 million.

• Q3 progress against FY2025 targets was 75.7% for net sales, 83.1% for operating profit and 83.9% for profit; full-year EPS forecast is ¥178.65.

• Management expects net sales and operating profit to meet full-year forecasts despite increased depreciation and relocation-related costs; FY2026–FY2028 is planned as a front-loaded investment phase toward FY2030 goals.