transcosmos (9715) Q3 2025 earnings summary

Executive summary

• Consolidated net sales reached ¥279.86bn, up 3.1% year-over-year, driven by growth in both CX and BPO services.

• Operating profit rose by 27.1% YoY to ¥11.13bn, with ordinary profit up 23.6% to ¥12.52bn.

• Net profit for the nine months was ¥7.58bn, down 7.3% YoY, mainly due to the absence of a one-time gain on sale of investment securities in the prior year.

• Comprehensive income declined 20.4% YoY to ¥7.96bn.

Financial highlights

• Gross profit increased by 6.5% YoY to ¥53.72bn, with gross margin rising from 18.6% to 19.2%.

• SG&A expenses rose 2.1% YoY, but as a percentage of sales, declined from 15.4% to 15.2%.

• Basic earnings per share for the nine months was ¥202.32, down from ¥218.32 YoY.

• Total assets as of December 31, 2024, were ¥201.26bn, with net assets at ¥122.77bn.

• Equity-to-asset ratio improved to 56.0% from 54.3% as of March 31, 2024.

Outlook and guidance

• No forecasts for consolidated financial results or dividends for the fiscal year ending March 31, 2025, due to difficulty in making accurate projections.

• Forward-looking statements caution that actual results may differ due to economic and industry factors, including technology evolution and market trends.