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PHC Holdings, Net Income Forecast for the Fiscal Year Revised Downward by 55%

Thu Feb 12, 2026 3:30 pm JST Earnings

6523 PHC Holdings Corporation 【IFRS】

Earnings Report

PHC Holdings Corporation <6523> [TSE Prime] announced its financial results (based on IFRS) after the market closed on February 12th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) significantly dropped 90.9% from the same period last year to 0.69 billion yen.

In addition, the full-year forecast for consolidated net income has decreased 54.5%, from the previous forecast of 4.40 billion yen to 2.00 billion yen (compared to 10.4 billion yen in the previous period), leading to an increase in the profit decline rate from 58.0% to 80.9%.

Based on the full-year plan announced by the company after the downward revision, our estimate of the consolidated net income for the October to March period (second half) has decreased 48.4%, from the previous forecast of 4.95 billion yen to 2.55 billion yen (compared to 6.38 billion yen in the same period of the previous year), leading to an increase in the profit decline rate from 22.3% to 59.9%.

In the most recent three-month period, from October to December (3Q), the consolidated net income significantly dropped to 1.25 billion yen, a 64.6% decrease compared to the same period last year. The operating profit margin worsened from 8.4% in the same period last year to 7.0%.

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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
Apr - Dec, 2023 256,683 -5,128 -13,778 -11,154 -88.7 ー Feb 9, 2024 IFRS
Apr - Dec, 2024 266,910 17,028 12,491 7,639 60.6 66.4 Feb 12, 2025 IFRS
Apr - Dec, 2025 269,251 17,108 2,503 695 5.5 56.9 Feb 12, 2026 IFRS
YoY +0.9% +0.5% -80.0% -90.9% -90.9%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2025 Prev 189,725 9,622 7,059 4,959 39.2 21 Nov 12, 2025 IFRS
Oct - Mar, 2025 New 189,725 9,622 3,459 2,559 20.2 21 Feb 12, 2026 IFRS
Revision Rate 0.0% 0.0% -51.0% -48.4% -48.4%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 363,100 20,000 8,000 4,400 34.8 42 Nov 12, 2025 IFRS
Mar, 2026 New 363,100 20,000 4,400 2,000 15.8 42 Feb 12, 2026 IFRS
Revision Rate 0.0% 0.0% -45.0% -54.5% -54.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 187,730 13,368 11,412 6,385 50.6 21 May 13, 2025 IFRS
Oct - Mar, 2025 Guidance 189,725 9,622 3,459 2,559 20.2 21 Feb 12, 2026 IFRS
YoY +1.1% -28.0% -69.7% -59.9% -60.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 353,900 1,566 -13,249 -12,893 -102.5 54 May 10, 2024 IFRS
Mar, 2025 361,593 22,580 18,823 10,485 83.1 42 May 13, 2025 IFRS
Mar, 2026 Guidance 363,100 20,000 4,400 2,000 15.8 42 Feb 12, 2026 IFRS
YoY +0.4% -11.4% -76.6% -80.9% -81.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 93,047 7,816 5,080 3,539 28.1 8.4 Feb 12, 2025 IFRS
Jan - Mar, 2025 94,683 5,552 6,332 2,846 22.6 5.9 May 13, 2025 IFRS
Apr - Jun, 2025 83,856 3,843 -1,990 -2,341 -18.6 4.6 Aug 7, 2025 IFRS
Jul - Sep, 2025 89,519 6,535 2,931 1,782 14.1 7.3 Nov 12, 2025 IFRS
Oct - Dec, 2025 95,876 6,730 1,562 1,254 9.9 7.0 Feb 12, 2026 IFRS
YoY +3.0% -13.9% -69.3% -64.6% -64.7%

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