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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 Performance and Financial Trends

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
4,723M 665M 657M 402M 69.6 79.0% Nov 14, 2023 J-GAAP
Jan - Sep, 2024
3,923M -201M -239M -17M -3.2 Nov 14, 2024 J-GAAP
Jan - Sep, 2025
4,033M 66M 59M 51M 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 2,750M 39M 36M 9M 1.7 0 Aug 14, 2025 J-GAAP
Jul - Dec, 2025 New 2,750M 109M 106M 59M 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 5,400M 50M 40M 20M 3.8 0 Aug 14, 2025 J-GAAP
Dec, 2025 New 5,400M 120M 110M 70M 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
2,590M -36M -46M -329M -60.8 0 Feb 14, 2025 J-GAAP
Guidance
Jul - Dec, 2025
2,750M 109M 106M 59M 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
6,283M 853M 832M 588M 102.2 0 Feb 14, 2024 J-GAAP
Dec, 2024
5,279M -187M -229M -393M -72.6 0 Feb 14, 2025 J-GAAP
Guidance
Dec, 2025
5,400M 120M 110M 70M 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
1,234M -50M -56M 47M 8.7 -4.1% Nov 14, 2024 J-GAAP
Oct - Dec, 2024
1,356M 14M 10M -376M -69.5 1.0% Feb 14, 2025 J-GAAP
Jan - Mar, 2025
1,371M 76M 71M 42M 7.9 5.5% May 15, 2025 J-GAAP
Apr - Jun, 2025
1,279M -65M -67M -31M -6.2 -5.1% Aug 14, 2025 J-GAAP
Jul - Sep, 2025
1,383M 55M 55M 40M 7.6 4.0% Nov 14, 2025 J-GAAP
YoY +12.1% -14.9% -13.6%