kabutan

ProjectHoldings, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 2.8 times

Fri Nov 14, 2025 4:10 pm JST Earnings

9246 ProjectHoldings, Inc. 【J-GAAP】

Earnings Report

ProjectHoldings, Inc. <9246> [TSE Growth] announced its financial results after the market closed on November 14th (16:10). The consolidated ordinary profit/loss for the cumulative third quarter of the fiscal year ending December 2025 (January to September) turned into a profit of 59 million yen (compared to a loss of 239 million yen in the same period last year).

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 2.8 times, from the previous forecast of 40 million yen to 110 million yen (compared to a loss of 229 million yen in the previous period).

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the July to December period (second half) is expected to increase 2.9 times, from the previous forecast of 36 million yen to 106 million yen (compared to a loss of 46 million yen in the same period of the previous year).

In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit/loss turned to a profit of 55 million yen (compared to a loss of 56 million yen in the same period last year). The operating profit/loss margin drastically improved from -4.1% in the same period last year to 4.0%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Sep, 2023 4,723 665 657 402 69.6 79.0 Nov 14, 2023 J-GAAP
Jan - Sep, 2024 3,923 -201 -239 -17 -3.2 Nov 14, 2024 J-GAAP
Jan - Sep, 2025 4,033 66 59 51 9.6 53.6 Nov 14, 2025 J-GAAP
YoY +2.8%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2025 Prev 2,750 39 36 9 1.7 0 Aug 14, 2025 J-GAAP
Jul - Dec, 2025 New 2,750 109 106 59 11.1 0 Nov 14, 2025 J-GAAP
Revision Rate 0.0% +179.5% +194.4% +555.6% +555.6%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2025 Prev 5,400 50 40 20 3.8 0 Aug 14, 2025 J-GAAP
Dec, 2025 New 5,400 120 110 70 13.2 0 Nov 14, 2025 J-GAAP
Revision Rate 0.0% +140.0% +175.0% +250.0% +249.7%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 2,590 -36 -46 -329 -60.8 0 Feb 14, 2025 J-GAAP
Jul - Dec, 2025 Guidance 2,750 109 106 59 11.1 0 Nov 14, 2025 J-GAAP
YoY +6.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 6,283 853 832 588 102.2 0 Feb 14, 2024 J-GAAP
Dec, 2024 5,279 -187 -229 -393 -72.6 0 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 5,400 120 110 70 13.2 0 Nov 14, 2025 J-GAAP
YoY +2.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 1,234 -50 -56 47 8.7 -4.1 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 1,356 14 10 -376 -69.5 1.0 Feb 14, 2025 J-GAAP
Jan - Mar, 2025 1,371 76 71 42 7.9 5.5 May 15, 2025 J-GAAP
Apr - Jun, 2025 1,279 -65 -67 -31 -6.2 -5.1 Aug 14, 2025 J-GAAP
Jul - Sep, 2025 1,383 55 55 40 7.6 4.0 Nov 14, 2025 J-GAAP
YoY +12.1% -14.9% -13.6%

Related Articles