Software Service Q3 revenue and profit decline, but full-year forecast holds

Software Service reported consolidated revenue of JPY 28,744 million for the third quarter of the fiscal year ending October 2025, a 1.6% decrease from the same period last year. Operating profit fell 3.9% to JPY 5,852 million, while ordinary profit decreased 3.8% to JPY 5,909 million. Net profit attributable to owners of the parent company also declined 3.5% to JPY 4,112 million.

Despite the quarterly dip, the company's full-year forecast for 2025 remains unchanged from its December 6, 2024, announcement. The full-year outlook projects consolidated revenue of JPY 41,600 million, an 8.3% increase year-on-year. Operating profit is forecast at JPY 8,246 million (up 13.3%) and ordinary profit at JPY 8,310 million (up 13.3%). Net profit attributable to owners of the parent is expected to be JPY 5,759 million, an 8.1% increase.

Total assets for the third quarter stood at JPY 46,526 million, an increase of JPY 1,632 million from the end of the previous fiscal year, primarily driven by increases in cash and deposits and marketable securities. Shareholder equity rose by JPY 3,435 million to JPY 39,866 million, pushing the equity ratio to 85.7%.