PRONEXUS (7893) Q2 2026 earnings summary

Executive summary

• Revenue for the first six months ended September 30, 2025, increased 3.0% year-over-year to ¥18,421 million, driven by growth in all business areas and the consolidation of JBA Holdings Co., Ltd.

• Operating profit declined 4.6% year-over-year to ¥3,018 million due to higher system upgrade and personnel costs.

• Profit attributable to owners of parent fell 33.9% year-over-year to ¥2,071 million, mainly due to the absence of a prior-year gain on sale of investments.

Financial highlights

• Gross profit rose 2.0% year-over-year to ¥7,469 million, with a cost-to-sales ratio of 59.5%.

• Selling, general and administrative expenses increased 6.3% year-over-year to ¥4,485 million, raising the SG&A ratio to 24.3%.

• Total assets as of September 30, 2025, were ¥40,267 million, up ¥1,607 million from March 31, 2025.

• Equity attributable to owners of parent was ¥25,128 million, with an equity ratio of 62.4%.

Outlook and guidance

• Full-year revenue forecast for FY2025 is ¥31,800 million (+2.6% year-over-year), with operating profit and profit before tax both projected at ¥2,800 million.

• Profit attributable to owners of parent is forecast at ¥1,800 million, with basic EPS of ¥70.56.

• The impact of the JBA Holdings acquisition is under review and not yet reflected in guidance.