Baycurrent declares interim dividend, reaffirms strong growth targets

Baycurrent, Inc. announced an interim dividend of JPY 50.00 per share, totaling JPY 7,593 million, with an effective date of November 28, 2025. This payout aligns with its shareholder return policy aiming for a 40% dividend payout ratio on an IFRS basis, and matches the latest forecasts.

The company reported strong financial results for the first half of FY2026 (March 1 to August 31, 2025), with revenue reaching JPY 68,462 million, up 26.6% year-on-year, and EBITDA increasing 27.7% to JPY 23,754 million. These figures are consistent with its full-year revenue forecast of JPY 143,000 million and EBITDA forecast of JPY 52,000 million, targeting a 20% CAGR through FY2029 with an EBITDA margin of 30-40%.

Baycurrent also highlighted ongoing initiatives, including active recruitment and talent cultivation, strengthening client strategies, and enhancing services, particularly in digital transformation and generative AI. The number of consultants and projects increased by 17.5% and 20.6% respectively, with revenue per consultant approximately 3% above plan.