The Nine-Month Earnings Report for the Year Ending March 31, 2025
Performance Review
(From April 1 to Dec 31, 2024)
February 13,2025
PRONEXUS INC.
(Securities code：7893)
Copyright © PRONEXUS INC. All Rights Reserved.
● Contents
１ | Results of Operations for the First Nine Months of the Fiscal Year |
Ending March 31, 2025 | |
2 | Shareholder Return and Stock Price |
References
- Corporate Profile
- Our Business Domains
- Business Environment
- Major Management Indicators
2
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１
2
Results of Operations for the First Nine Months of the Fiscal Year Ending March 31, 2025
Shareholder Return and Stock Price
References
- Corporate Profile
- Our Business Domains
- Business Environment
- Major Management Indicators
3
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● Summary of Performance
Performance | Revenue | 24,590Million yen （YoY change | +2.5％） |
Operating Profit | 3,261Million yen （YoY change +10.8％） | ||
Profit attributable to owners of parent | 3,206Million yen （YoY change +53.3％） |
Point | ⚫ orders for web services, English translation services and |
other IR-related services increased. | |
Growing need for the promotion of dialogue with shareholders and investors. Requirement for companies listed on the Prime Market to simultaneously disclose timely disclosure information.
- Negative impact of the electronic provision of convocation notices is minor.
- March 2023 Introduction of the system for the electronic provision decreased the number of printed pages.
- number of printed copies, accompanying the increase in the number of individual shareholders, the promotion of orders for new services in response to the introduction of the new systemThe shift to electronic provision has been more gradual than expected, an increase in the
Revenue is
YoY change 599 Million yen UP
- Due in part to efforts to offset initial costs incurred to address the system for electronic provision of shareholder convocation notices.
- Decrease in sales promotion expenses.
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Operating Profit is
YoY change 317 Million yen UP
4
● Financial Highlights 3Q for FYE March 2025 (IFRS)
Revenues increased due to an increase in orders for web and English translation an increase in the number of convocation notices issued, and contributions from services supporting digitization. Profits increased due to the elimination of initial costs for digitization in the same period of the previous year and the recording of a 1,411 million yen gain on sale of affiliate company stocks.
（Unit：Millions yen）
3Q for FYE March 2024 | 3Q for FYE March 2025 | YoY change | Compared to initial | ||||||||
forecast | |||||||||||
Amount | Share(%) | Amount | Share(%) | Amount | (%) | Forecast | Difference | ||||
from forecast | |||||||||||
Revenue | 23,991 | 100.0 | 24,590 | 100.0 | 599 | 2.5 | 31,000 | 79.3 | |||
Operating profit | 2,944 | 12.3 | 3,261 | 13.3 | 317 | 10.8 | 2,500 | 130.4 | |||
Profit before tax | 3,016 | 12.6 | 4,715 | 19.2 | 1,698 | 56.3 | 3,900 | 120.9 | |||
Profit attributable to | 2,091 | 8.7 | 3,206 | 13.0 | 1,114 | 53.3 | 2,650 | 121.0 | |||
owners of parent | |||||||||||
ROE（％） | － | － | － | 10.0 | － | ||||||
EPS（Yen） | － | － | － | 103.88 | － | ||||||
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- Financial Highlights Growth in non-printing sales
Increased sales in the non-printing field, including web and English translation, and the progress of digitization of convocation notices and an increase in orders for electronic services led to an increase in the proportion of sales revenue from non-printing fields.
Sales trends by printing and non-printing fields
（Unit：Millions yen）
Non-printing Printing
23,99124,590
Revenue | 20,737 | 21,232 |
19,702 |
65.8%
（＊）
58.8%
Non- | 53.3% | 53.9% | 53.8% |
printing | |||
2021/3 | 2022/3 | 2023/3 | 2024/3 | 2025/3 |
3Q | 3Q | 3Q | 3Q | 3Q |
（＊）In line with the introduction of the electronic provision system for general meeting notices in March 2023, the portion of sales related to content creation and electronic provision of convocation notices will be changed from the printing sector to the non-printing sector.
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Growth areas
- System
- Web
- English translation
- BPO
- Consulting seminars
- Visualization of general meetings of shareholders
- Event
- New creation of support for overseas expansion
- Database
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● Revenues Composition by Product Area
Revenue in all product exceeded the same period of the previous fiscal year.
（Unit：Millions yen） | ||||||
3Q for FYE March 2024 | 3Q for FYE March 2025 | YoY change | ||||
Amount | Share(%) | Amount | Share(%) | Change | (%) | |
Listed companies disclosure- | 9,859 | 41.1 | 10,098 | 41.1 | 239 | 2.4 |
related | ||||||
Listed companies IR and events- | 8,323 | 34.7 | 8,563 | 34.8 | 240 | 2.9 |
related, etc. | ||||||
Financial instruments disclosure- | 5,038 | 21.0 | 5,154 | 21.0 | 116 | 2.3 |
related | ||||||
Database-related | 771 | 3.2 | 775 | 3.1 | 5 | 0.6 |
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- Revenue structure
1. Orders for products related to financial results and general shareholders' meetings from listed companies with a fiscal year end in
March peak in the first quarter. As a result, first quarter sales account for about 40% of our annual revenue.
2. The ratio of regular orders, for which orders are stable, to non-regular orders, which are affected by market conditions, is 6:4.
1. Seasonal factor | 2. | Regular/Irregular orders |
Revenue Breakdown | ||
（Unit：Million yen）
31,000
■ | FYE Mar 2024(IFRS) | （Forecast） | |||||||||||||||
■ | FY | E Mar 2025( | IF | RS) | 30,117 | ||||||||||||
11,794 | |||||||||||||||||
11,800 | 6,094 | 6,703 | |||||||||||||||
5,916 | 6,275 | 6,126 | |||||||||||||||
Q1 | Q2 | Q3 | Q4 | Full Year | |||||||||||||
(Apr.-Jun.) | (Jul.-Sep.) | (Oct.-Dec.) | (Jan.-Mar.) | ||||||||||||||
Approx.
Approx. 35％
65%
（Unit：Million yen） | |||||||||||||||
■ FYE Mar 2024(IFRS) | |||||||||||||||
■ FYE | Mar 202 | IFRS) | |||||||||||||
5( | |||||||||||||||
3,232 | 2,500 | ||||||||||||||
（Forecast） | |||||||||||||||
3,157 | 2,435 | ||||||||||||||
△69 | 38 98 | ||||||||||||||
△252 | △509 | ||||||||||||||
Q1 | Q2 | Q3 | Q4 | Full Year | |||||||||||
(Apr.-Jun.) | (Jul.-Sep.) | (Oct.-Dec.) | (Jan.-Mar.) | ||||||||||||
Regular orders
- Listed companies
disclosure/IR-related
・Securities reports ・Earnings reports
・Convocation notices for
shareholders' meetings ・Business reports
・Services to support shareholder
meetings etc.
Concentration in the first
quarter
Irregular orders*
- Listed companies disclosure/IR- related
・IPO ・Finance
・IR support, investor briefings etc.
- Financial product disclosure
・New domestic and international funds
・Domestic REIT IPOs,Finance etc.
*In the year ended 31 March 2024, the provisional accounting treatment for mergers and acquisitions was finalized. Operating profit for the first | 8 | |
Copyright © PRONEXUS INC. All Rights Reserved. | nine quarters of FY2024 has therefore been calculated based on figures retrospectively adjusted using the finalized accounting treatment. | |
● Revenue by Product Area Listed companies disclosure-related
UP
239Million yen
（Unit：Millions yen） | (2.4%) | Impact of the electronic provision of | Sales remained at the same level |
convocation notices | as the same period last year | ||
8,784 9,047 9,452 9,859 10,098
21/3 3Q | 22/3 3Q | 23/3 3Q | 24/3 3Q | 25/3 3Q |
- March 2023 Introduction of the system for the electronic provision decreased the number of printed pages.
the shift to electronic provision has been more gradual than expected, an increase
- in the number of printed copies, accompanying the increase in the number of individual shareholders, the promotion of orders for new services in response to the introduction of the new system
Positive factors
- Orders increased for finance-related products
- Financing increased against the backdrop of robust stock markets
- Orders increased in outsourcing services for the preparation of disclosure documents
- With persisting high demands for operational streamlining in line with work-style reform
Major factors
Revenue | Order volume | Market share | Prices | |
Shareholders' meeting-related | Convocation notices for shareholders' | |||
meetings/printing of resolution notices, etc. | ||||
Account settlement-related | Securities reports/earnings reports | |||
Systems-related | ||||
IPO/finance-related | Registration documents and prospectuses |
9
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- Revenue by Product Area Listed companies IR and events-related, etc.
UP
240Million yen
（Unit：Millions yen） | (2.9%) |
Positive factors
5,179
8,3238,563
5,729 6,062
- Orders increased for web services,English translation services and support services for preparing tools for non-financial information etc.
- Increasing need to promote dialogue with shareholders and investors
- The requirement for companies listed on the Prime Market to simultaneously
disclose timely disclosure information, etc. in Japanese and English
Negative Factors
- Revenue from business reports for shareholders decreased as the number of companies preparing such reports has declined.
21/3 3Q | 22/3 3Q | 23/3 3Q | 24/3 3Q | 25/3 3Q |
Major factors | |||
Revenue | |||
Order volume | Market share | Prices | |
Business reports
Online IR services
English-language IR tools
Visuals and operational support for shareholders' meetings
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