TIMEE (215A) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended July 31, 2025, rose 30.5% year-over-year to ¥24.8 billion, with operating profit up 82.5% to ¥5.1 billion and net profit up 160.5% to ¥3.82 billion, driven by strong logistics sector performance and disciplined cost management.

• Transaction volume rose 32.4% year-over-year to ¥84.9 billion, with active client accounts up 26.5% to 215,000 and registered workers exceeding 11.98 million.

• The company revised full-year net sales guidance downward but raised operating profit guidance, citing continued cost containment and lack of recovery in food and retail sectors.

• The business operates a single segment focused on its on-demand job platform.

Financial highlights

• 3Q net sales were ¥8.37 billion (+27.3% YoY), operating profit ¥1.83 billion (+70.6% YoY, OPM 21.9%), and net profit ¥1.26 billion (+150.3% YoY, margin 15.0%).

• Gross profit for the nine months was ¥23.45 billion, with gross profit margin stable above 94%.

• Fill rate in Q3 remained high at 85.9%, despite a slight year-on-year decline due to mix changes in job qualifications.

• Transaction volume per active account grew 1.1% year-on-year to ¥131,700.

• Basic earnings per share rose to ¥38.66 from ¥15.42 year-over-year.

Outlook and guidance

• Full-year net sales forecast revised to ¥34.1–34.3 billion, up 27.0–27.6% year-over-year, with operating profit forecast raised to ¥6.77–7.13 billion, up 59.5–68.0% year-over-year.

• Net profit forecast for the year is ¥4.83–5.14 billion, with EPS expected at ¥48.91–52.02.

• Fourth quarter net sales are forecasted at ¥9.31–9.47 billion (up 18.5–20.6% YoY), with operating profit of ¥1.68–2.04 billion (up 15.3–40.1% YoY).

• No dividends are planned for the fiscal year.

• Ongoing investments and disciplined cost management are planned for the next fiscal year.