PRONEXUS (7893) Q4 2026 earnings summary

Executive summary

• Revenue rose 5.9% year-over-year to ¥32,821 million, driven by M&A and increased demand for outsourcing and event support services.

• Operating profit rebounded to ¥2,906 million from ¥209 million, reflecting recovery from prior year impairment losses.

• Profit attributable to owners of parent surged 367.5% year-over-year to ¥2,108 million.

• JBA Holdings Co., Ltd. became a consolidated subsidiary in August 2025, contributing to revenue growth.

Financial highlights

• Gross profit increased 9.9% year-over-year to ¥12,291 million, with a cost of sales ratio improvement to 62.6%.

• Selling, general and administrative expenses rose 9.6% to ¥9,365 million, mainly due to M&A and personnel costs.

• Total assets decreased to ¥37,478 million, while equity fell to ¥24,335 million at fiscal year-end.

• Cash and cash equivalents declined 29% year-over-year to ¥8,737 million.

Outlook and guidance

• Fiscal year ending March 31, 2027 revenue forecasted at ¥34,000 million (+3.6% year-over-year).

• Operating profit projected at ¥3,000 million (+3.2%), profit attributable to owners of parent at ¥2,000 million (-5.1%).

• Full-year recognition of JBA Holdings revenue and growth in outsourcing, event, and HR support expected to drive results.

• Dividend forecast for FY2027 is ¥44 per share, maintaining a payout ratio above 50%.