Fullcast Holdings (4848) investor relations material

Executive summary

• Net sales for the first half of FY12/26 rose 44.0% year-over-year to ¥50,051 million, driven by new consolidations, acquisitions, and growth in core businesses.

• Operating profit decreased 1.4% year-over-year to ¥4,147 million, mainly due to lower profits in Other Businesses and HR Tech despite higher sales.

• Ordinary profit fell 4.5% year-over-year to ¥4,069 million, impacted by non-operating expenses and lower operating profit.

• Profit attributable to owners of parent declined 3.9% year-over-year to ¥2,730 million, despite a gain on sale of non-current assets.

• Major acquisitions included ENTRY, Inc., Beat Co., Ltd., Ann Co., Ltd., RGF Talent Solutions Japan K.K., and RGF International Recruitment Holdings Limited.

Financial highlights

• Net sales: ¥50,051 million (+44.0% YoY); Operating profit: ¥4,147 million (−1.4% YoY); Ordinary profit: ¥4,069 million (−4.5% YoY); Profit attributable to owners of parent: ¥2,730 million (−3.9% YoY).

• Gross profit increased 30.3% year-over-year to ¥16,653 million.

• Operating profit margin decreased from 12.1% to 8.3% year-over-year.

• Total assets rose to ¥68,546 million, up ¥10,716 million from the previous fiscal year-end.

• Equity-to-asset ratio decreased to 46.9% from 53.0% at the previous year-end.

Outlook and guidance

• Full-year net sales forecast at ¥104,700 million, up 35.5% year-over-year.

• Operating profit projected at ¥8,700 million, ordinary profit at ¥8,780 million, and profit attributable to owners of parent at ¥5,431 million.

• No revision to consolidated business forecasts for the year ending December 31, 2026.