Q3 Consolidated Financial Results for the Fiscal Year Ending September 2026 (Japanese GAAP)

Overview of Earnings

For this quarter, net sales were 6,774 million yen, up 7.6% YoY, but gross profit declined 1,802 million yen (-2.0% YoY). Due to higher selling, general and administrative expenses, operating income slowed to 226 million yen. Ordinary income was 219 million yen, and net income attributable to owners of the parent dropped sharply to 94 million yen. The company continues to invest in consulting and contracted development in response to demand for DX, pursuing non-consolidated growth through M&A. The System Solutions segment remained high-value and profitable, while Management Consulting was in the red. The financial strength remains stable with an equity ratio of 37.8%.

Outlook and Key Trends

Full-year guidance remains unchanged from the previous announcement. A notable development is the decision and execution to acquire Life Shield and make it a subsidiary, aiming to enhance value through a combination of human resources dispatch/placement and IT/DX support. Going forward, continued recruitment investment, improved utilization from project wins, and optimization of cost structure are expected to be focused areas.