PRONEXUS (7893) Q3 2025 earnings summary

Executive summary

• Nine-month revenue rose 2.5% YoY to ¥24,590 million, driven by higher demand for web, translation, IR and finance-related services.

• Operating profit increased 10.8% to ¥3,261 million, supported by cost control and lower sales promotion expenses.

• Profit before tax rose 56.3% to ¥4,715 million, including a ¥1,411 million gain on sale of equity-method investments.

• Profit attributable to owners of the parent increased 53.3% to ¥3,206 million.

Financial highlights

• Gross profit rose 2.3% to ¥9,408 million; cost of sales was ¥15,182 million and the cost-of-sales ratio held at 61.7%.

• SG&A declined 1.2% to ¥6,229 million; its revenue ratio improved 1.0 percentage point to 25.3%.

• Operating margin improved to 13.3% from 12.3%; profit margin attributable to owners of the parent rose 4.3 points to 13.0%, including the investment-sale gain.

• Basic EPS was ¥125.67, compared with ¥81.98 in the prior-year period.

• Total assets were ¥40,064 million; equity attributable to owners of the parent was ¥27,355 million, with an equity ratio of 68.3%.

Outlook and guidance

• FY March 2025 forecasts remain unchanged: revenue of ¥31,000 million and operating profit of ¥2,500 million; nine-month results were 79.3% and 130.4% of forecast, respectively.

• Full-year profit before tax and profit attributable to owners of the parent are forecast at ¥3,900 million and ¥2,650 million; nine-month results were 120.9% and 121.0% of forecast.

• Full-year revenue and profit attributable to owners of the parent are forecast to increase 2.9% and 48.9% YoY, respectively.

• FY March 2025 annual dividend forecast is ¥52 per share, comprising ¥36 ordinary and ¥16 special; the special dividend is funded partly by the investment-sale gain.