Copro-Holdings Co., Ltd. · TSE:7059
Copro-Holdings — Q1 FYE3/2026 Earnings Presentation
44 slides from Copro-Holdings's earnings presentation, August 2025
Slide 1: 1st Quarter of FYE2026 Financial Results
1st Quarter of FYE2026 Financial Results COPRO-HOLDING. Co., Ltd. Tokyo Stock Exchange-Prime, Nagoya Stock Exchange-Premier (Ticker Symbol: 7059) ©2025 COPRO-HOLDINGS. Co., Ltd. All rights reserved.
Slide 2: Agenda
Summary of Financial Results for the 01 First Quarter of FYE 3/2026 02 Analysis of KPIs by Business Segment Aiming for an Overwhelming No.1 03 Position in the Industry Earnings and Dividend Forecast for 04 FYE3/2026 SECTION Reference: Company Profile and Business 05 Overview Progress of the Medium-T
Slide 3: Summary of Financial Results for 1Q FYE3/2026
SECTION 01 Summary of Financial Results for 1Q FYE3/2026 ©2025 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 3
Slide 4: 1Q FYE3/2026 Consolidated Financial Highlights
1Q FYE3/2026 Consolidated Financial Highlights Net sales, operating profit and other profits all achieved significant increases, marking record highs. A Point 1 strong start, with full-year earnings forecast well within reach, despite slower progress on KPIs such as recruiting. In construction techn
Slide 5: Progress of Consolidated Financial Results
Progress of Consolidated Financial Results Consolidated net sales maintained over 20% growth. Engineer assignments will be Point 1 increased toward 2H to drive further growth. Point 2 Progress rate of consolidated operating profit against the disclosed forecast remained strong compared to past resul
Slide 6: Consolidated Financial Results
Consolidated Financial Results (Millions of yen) FYE3/2025 FYE3/2026 YoY YoY Forecast 1Q results 1Q results Pct Change % Amount 1H Forecast Progress Rate Net sales 6,870 +27.1% 8,297 +20.8% +1,426 17,444 47.6% Cost of sales 5,071 +27.9% 6,067 +19.6% +995 12,517 48.5% Gross profit 1,799 +24.8% 2,230
Slide 7: Results by Subsidiary
Results by Subsidiary COPRO CONSTRUCTION: Operating profit significantly increased by 30.1% YoY, driven by sales growth Point 1 and gross profit margin improvement. Point 2 COPRO TECHNOLOGY: Operating loss improved by 19mn YoY, driven by sales growth and a lower fixed cost ratio, including labor cos
Slide 8: Analysis of KPIs by Business Segment
SECTION 02 Analysis of KPIs by Business Segment ©2025 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 8
Slide 9: KPI Trends by Business Segment
KPI Trends by Business Segment - (People,1,000 yen) FYE3/2025 FYE3/2026 YoY % YoY 1Q 1H 2H Full year 1Q change change No. of recruits 911 1,502 1,209 2,711 900 -1.2% -11 Construction technician dispatch 843 1,348 1,031 2,379 829 -1.7% -14 Mechanical & electrical and semiconductor engineer dispatch 3
Slide 10: Construction Technician Dispatching Business
(Reference) Construction Technician Dispatching Business Point 1 Recruits totaled 829, falling slightly short of the full-year forecast. Recruitment budgets and personnel will be reallocated to the Kanto area, where talent shortages are causing missed opportunities, to recover the number of recruits
Slide 11: Mechanical & Electrical and Semiconductor Engineer Dispatching and Contracting Business
(Reference) Mechanical & Electrical and Semiconductor Engineer Dispatching and Contracting Business Point 1 The number of engineers rose 49.4% YoY (+119) to 360. Of these, semiconductor engineers increased by 120 to 158, while mechanical design engineers declined by 1 to 202. Point 2 Recruitment bud
Slide 12: IT Engineers Dispatching Business and Freelance Business
(Reference) IT Engineers Dispatching Business and Freelance Business The number of IT engineers decreased by 17 from the end of FYE3/2025 to 160, causing a significant Point 1 delay in achieving the full-year forecast. Strengthen face-to-face sales to focus on acquiring new customers and securing di
Slide 13: Aiming for an Overwhelming No.1 Position in the Industry
SECTION 03 Aiming for an Overwhelming No.1 Position in the Industry ©2025 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 13
Slide 14: Aiming for an Overwhelming No.1 Position in the Industry for Construction Technician Dispatch
Aiming for an Overwhelming No.1 Position in the Industry for Construction Technician Dispatch Achieved ◼ Trends in the number of construction technicians 233.8 218.1%% 250% The Industry’s No.1 Technician 200% 170.2% growth rate Growth Potential 150% 127.0% 100% by improving sales and recruiting proc
Slide 15: Sales Strategies: Reinforce Deeply-Cultivated Sales 1
Sales Strategies: Reinforce Deeply-Cultivated Sales 1 Point 1 The ratio of employees assigned to target companies remains high at 89.1% but has been gradually declining. Process management in deeply-cultivated sales will be reviewed, with renewed focus on deepening relationships with customer compan
Slide 16: Sales Strategies: Reinforce Deeply-Cultivated Sales 2
Sales Strategies: Reinforce Deeply-Cultivated Sales 2 The sales headquarters headed by President and CEO Koshikawa were relocated from Nagoya Point 1 to Tokyo in April 2025. We shifted to a system for expanding our share in the Kanto market, the largest market in Japan, and strongly promoting the se
Slide 17: Recruiting Strategies: Enhance Our Strength of Low Unit Price for Recruitment
Recruiting Strategies: Enhance Our Strength of “Low Unit Price for Recruitment” Additional investment in recruiting expenses in 4Q FYE3/2025 resulted in an increase in the Point 1 number of recruits in 1Q FYE3/2026. As a result, the unit price for recruitment in 1Q was 395 thousand yen, a quarter-on
Slide 18: Education & Training Strategies: Improve Retention Rate
Education & Training Strategies: Improve the Retention Rate of Employees in Their 1st & 2nd Years The retention rate in 1Q FYE3/2026 improved year on year. Specifically, retention among younger employees in their first and second years of service improved, while the rate for those with three or more
Slide 19: Earnings and Dividend Forecast for FYE3/2026
SECTION 04 Earnings and Dividend Forecast for FYE3/2026 ©2025 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 19
Slide 20: Summary of the Full Year Earnings Forecast for FYE3/2026
Summary of the Full Year Earnings Forecast for FYE3/2026 Point 1 We aim to exceed the growth rate of the industry average while continuing to invest for growth, mainly in recruiting costs for the dispatching of construction technicians, which is our core business. We expect to achieve new record hig
Slide 21: FYE3/2026 Consolidated Earnings Forecast
FYE3/2026 Consolidated Earnings Forecast (Millions of yen) FYE3/2025 FYE3/2026 (Forecast) Full year YoY change % of net sales Full year % of net sales results % Amount Net sales 30,015 100.0% 38,000 100.0% +26.6% +7,985 Cost of sales 21,706 72.3% 27,079 71.3% +24.8% +5,373 Gross profit 8,308 27.7% 1
Slide 22: FYE3/2026 KPIs by Business (Forecast)
FYE3/2026 KPIs by Business (Forecast) - (People, 1,000 yen) FYE3/2025 FYE3/2026 Full Year 1H 2H Full Year YoY YoY Change (Forecast) No. of recruits 1,502 1,209 2,711 3,544 +30.7% +833 Construction technician dispatch 1,348 1,031 2,379 3,000 +26.1% +621 Mechanical & electrical and 95 97 192 297 +54.7
Slide 23: FYE3/2026 Dividend Forecast
FYE3/2026 Dividend Forecast [Dividend Policy] Dividends are the basis for shareholder returns, which we consider to be one of the important management issues, and our basic policy is to pay stable dividends. We will not reduce dividends but rather maintain a consolidated dividend payout ratio of 50%
Slide 24: (Reference) Company Profile and Business Overview
SECTION06 SECTION 05 (Reference) Company Profile and Business Overview ©2025 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 24
Slide 25: Company Outline
Company Outline Company Name COPRO-HOLDINGS. Co., Ltd. Domestic • COPRO CONSTRUCTION. Co., Ltd. Subsidiaries • COPRO TECHNOLOGY. Co., Ltd. Representative Kosuke Kiyokawa, CEO Business • Construction Technician Dispatching Business Head Office Dai Nagoya Building 25F, 3-28-12 Description • Mechanical
Slide 26: Introduction of the Management Team
Introduction of the Management Team Kosuke Kiyokawa Yusuke Koshikawa Hideki Nishioka President and CEO President and CEO President and CEO COPRO-HOLDINGS Co., Ltd. COPRO CONSTRUCTION Co., Ltd. COPRO TECHNOLOGY Co., Ltd. Born October 16, 1977 in Aichi Prefecture. Born October 15, 1985 in Shizuoka Pre
Slide 27: Company History
Company History 2006 Oct. Trusty Crew Co., Ltd. established 2008 Mar. The Company name changed to COPRO-ENGINEERD Co., Ltd. 2015 May Shifted to a holdings (holding company) system with COPRO-HOLDINGS. Co., Ltd. as pure holding company 2019 Mar. Listed on the Mothers market of the Tokyo Stock Exchang
Slide 28: Business Outline
Business Outline Engineer Employment Outsourcing Employment contract contract contract*1 COPRO-HOLDINGS. Co., Ltd. Construction Technician Dispatching and Contracting Business of Dispatching Business Mechanical and Semiconductor Engineers Dispatching Business of IT Engineer Providing COPRO CONSTRUCT
Slide 29: Corporate Philosophy
Corporate Philosophy Issues of the Construction Industry MISSION Creating a dynamic “human driven” society Aging of Chronic labor Delay of Digital engineers Transformation shortage VISION Becoming a human Resolve the Construction Industry Issues resource development The best “work style” company tha
Slide 30: Dispatch Area: Construction Technician Dispatching
Dispatch Area: Construction Technician Dispatching Area of Technician Dispatching Role of Construction Management (Country, local governments, Ordering party developers, etc.) The main duties are coordination and preparation such as adjusting construction progress, ordering materials and ensuring sa
Slide 31: Business Characteristics
Business Characteristics A “subscription-type business” with high growth potential ⇒ By increasing sales in proportion to the number of dispatched technical employees, stable earnings growth can be expected (Billions of yen, people) 6,271 Achieved 19 consecutive years 6500 450 of revenue growth sinc
Slide 32: Construction Industry Trends
Construction Industry Trends The technician dispatching market is in an expanding trend due to the chronic labor shortage Human resources services for the construction industry - Changes in job openings in the construction and Market size forecast*1 real estate industry*2 In FY2027, it is expected t
Slide 33: (Reference) Progress of the Medium-Term Management Plan
SECTION06 SECTION 06 (Reference) 【Repost】Progress of the Medium-Term Management Plan ©2025 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 33
Slide 34: Results of the Medium-Term Management Plan (First 3 Years)
Results of the Medium-Term Management Plan (First 3 Years) Point The group total number of recruits expanded to 2,711 (FYE3/2025 results), 3.1 times from 870 (FYE3/2022 results). As a result, the number of group technical employees increased 2.2 times to 4,861. ■Trends in the number of group technic
Slide 35: Results of the Medium-Term Management Plan (First 3 Years)
Results of the Medium-Term Management Plan (First 3 Years) Point Our main business, construction technician dispatching, achieved growth exceeding the industry average. As a results, the Company rose from third to second place in the industry based on net sales for the last 12 months (LTM). ■Trends
Slide 36: Results Progress of the Medium-Term Management Plan (First 3 Years)
Results Progress of the Medium-Term Management Plan (First 3 Years) Point 1 The first three years of the Medium-Term Plan saw rapid growth exceeding expectations. Each fiscal year, net sales and non-GAAP operating profit exceeded the targets set in the Medium-Term Plan announced in May 2022. Point 2
Slide 37: Upward Revised the Financial Performance Targets for FYE3/2027
Upward Revised the Financial Performance Targets for the final fiscal year (FYE3/2027) Point 1 We have upward revised the performance targets for the final year of the Medium-Term Management Plan (FYE3/2027) to consolidated sales of ¥47.0 billion (up ¥7.0 billion from the initial target), non-GAAP o
Slide 38: Trends in Performance Results and Summary of Targets
(Reference) Trends in Performance Results and Summary of Targets (Millions of yen) Medium-Term Management Plan Period FYE3/22 FYE3/2023 FYE3/2024 FYE3/2025 FYE3/2026 FYE3/2027 Full year Full year Full year Full year Full year Full year YoY YoY YoY YoY YoY results results results results (Forecasts)
Slide 39: Trends in Our Stock Price
1,000,000 1,200,000 0 200,000 400,000 600,000 800,000 2022/4/1 2022/5/1 2022/6/1 2022/7/1 2022/8/1 Apr. 1, 2022 2022/9/1 Closing price: ¥519 2022/10/1 2022/11/1 2022/12/1 2023/1/1 2023/2/1 ©2025 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 2023/3/1 2023/4/1 2023/5/1 2023/6/1 2023/7/1 2023/8/1 2023
Slide 40: (Reference) Historical Data
SECTION06 SECTION 07 (Reference) Historical Data ©2025 COPRO-HOLDINGS. Co., Ltd. All rights reserved. 40
Slide 41: Consolidated Financial Results
Consolidated Financial Results Net Sales Operating Profit Non-GAAP Operating Profit (Millions of yen) (Millions of yen) (Millions of yen) 4,425 38,000 3,800 3,328 30,015 24,098 2,763 2,437 18,791 2,141 15,589 1,841 1,621 1,606 1,321 FYE3/2022 FYE3/2023 FYE3/2024 FYE3/2025 FYE3/2026 FYE3/2022 FYE3/20
Slide 42: KPI Trends: Construction Technician Dispatch
KPI Trends: Construction Technician Dispatch No. of technical employees No. of recruits (including new graduates) No. of resignations (People) (People) (People) 5,424 1,928 3,000 4,352 1,595 2,379 3,568 2,024 1,233 2,777 1,472 1,995 859 812 834 FYE3/2022 FYE3/2023 FYE3/2024 FYE3/2025 FYE3/2026 FYE3/
Slide 43: KPI Trends: Mechanical & Electrical, Semiconductor and IT Engineers
KPI Trends: Mechanical & Electrical and Semiconductor Engineer Dispatch/Contracting, and IT Engineers Dispatch ■ Mechanical & electrical and semiconductor engineer dispatch/contracting No. of technical employees No. of recruits (including new graduates) No. of resignations and retention rate (People
Slide 44: Disclaimer and Forward-Looking Statements
Disclaimer and Forward-Looking Statements ◼ This document has been prepared by COPRO-HOLDINGS. Co., Ltd. (the “Company”) to assist investors in understanding the current status of the Company. ◼ The information contained in this document is based on economic, social, and other conditions generally r