Prored Partners revises full-year forecast upward significantly

Prored Partners (TSE:7034) has significantly increased its full-year forecasts following a Board of Directors meeting on June 12, 2025. The revision is primarily due to a change in accounting practices related to gains and losses from exits from investees of funds managed by Bluepass Capital Inc., now classified as net sales. The updated forecast projects net sales of JPY7,513 million, a notable increase from the previous forecast of JPY3,857 million. Operating profit is now expected to reach JPY2,042 million, a substantial turnaround from the earlier projected loss of JPY757 million. Consequently, the forecast for profit attributable to owners of parent is revised, although still resulting in a loss, with a projected negative JPY170 million. This revision incorporates a JPY3,656 million increase in net sales and JPY3,182 million in operating profit stemming from the consolidated results of Bluepass's fund investments exits, including a JPY409 million gain on investment partnerships. The consulting business, involving Knowledge Lean, is still projected to contribute JPY3,857 million in net sales and incur an operating loss of JPY746 million.