transcosmos (9715) Q3 2026 earnings summary

Executive summary

• Consolidated net sales rose 4.7% year-over-year to ¥292,904 million, marking a record high for the nine-month period.

• Operating profit increased 20.5% year-over-year to ¥13,410 million, with OP margin up from 4.0% to 4.6%.

• Net profit attributable to owners of parent surged 37.4% year-over-year to ¥10,420 million, driven by higher FX gains and lower extraordinary losses.

• Comprehensive income grew 8.7% year-over-year to ¥8,658 million.

• Basic earnings per share for the period were ¥278.06, up from ¥202.32 in the prior year.

Financial highlights

• Gross profit rose 6.6% year-over-year to ¥57,260 million, with gross margin improving to 19.5%.

• Ordinary profit climbed 24.0% year-over-year to ¥15,530 million.

• Net assets as of December 31, 2025, were ¥133,457 million, with an equity-to-asset ratio of 57.2%.

• Total assets increased to ¥214,483 million from ¥207,984 million as of March 31, 2025.

• SG&A expenses increased 3.0% year-over-year, but the expense ratio declined to 15.0%.

Outlook and guidance

• Full-year net sales forecast is ¥400,000 million, with 73.2% progress achieved by Q3.

• Operating profit forecast is ¥15,500 million, with 86.5% progress; ordinary profit forecast is ¥17,000 million, with 91.3% progress.

• Net profit forecast is ¥11,500 million, with 90.6% progress.

• Basic earnings per share for the full year projected at ¥306.89.

• Annual dividend forecast is ¥108.00 per share.