Billing System reports Q2 revenue growth, but profit declines

Billing System Corporation reported net sales of JPY 2,211 million for the second quarter of the fiscal year ending December 2025, a 6.3% increase year-on-year. This growth was primarily fueled by a JPY 110 million increase in collection agency services, with Quick Deposit services also showing a slight increase. Despite this, operating profit decreased by 9.7% to JPY 277 million, attributed to higher variable costs associated with increased collection agency service revenue and a rise in personnel expenses.

Quarterly net profit attributable to parent company shareholders stood at JPY 175 million, a 12.0% decrease from the previous year, consistent with the decline in operating profit. The company's full-year outlook for 2025 projects net sales of JPY 4,794 million and operating profit of JPY 749 million, representing a 46.1% and 37.0% achievement rate, respectively, as of the second quarter. Key initiatives include enhancing existing services and preparing for new ventures in SMS payment and daily account transfers.

Dividend for the fiscal year ending December 2025 is projected at JPY 25.80 per share, an increase of JPY 3.30 from the previous year, with a targeted payout ratio of 35.0%.