ENVALITH
PCIホールディングス株式会社 logo

PCI Holdings,INC.

3918Standard MarketInformation & Communication

PCIホールディングス株式会社 logo
PCI Holdings,INC.3918

Engineering Business

A stable core business supporting PCI Group's earnings base, centered on automotive/embedded and enterprise system development.

PeriodCurrentPreviousChange
Sales (FY2026 (ending March 2026), full year)¥14,953 million¥7,170 million (FY2025 (ended March 2025), 6 months)
Segment profit (FY2026 (ending March 2026), full year)¥1,305 million¥496 million (FY2025 (ended March 2025), 6 months)
Segment profit margin (FY2026 (ending March 2026), full year)8.7%6.9% (FY2025 (ended March 2025), 6 months)
Segment assets (end of FY2026 (ending March 2026))¥5,390 million¥4,981 million (end of FY2025 (ended March 2025))
Depreciation (FY2026 (ending March 2026), full year)¥73 million¥43 million (FY2025 (ended March 2025), 6 months)

Business Details

This segment consists of two fields: design and development of embedded control systems for automotive-related applications (in-vehicle systems, AD/ADAS) and information appliances/mobile devices, etc. (Embedded Field), and business system development, IT system construction, and planning/development of in-house package software products for general corporations, financial institutions, and government agencies (Enterprise Field). It is the core segment accounting for the majority of Group sales, and is positioned as a "Stable Core Business" under the medium-term management plan "PCI-VISION2027," promoting personnel shifts toward high-profitability fields and securing advanced technological capabilities.

Recent Overview

Driven by in-vehicle AD/ADAS projects and government agency projects, achieved full-year sales of ¥14,953 million and a profit margin of 8.7%.

In the full year of FY2026 (ending March 2026), in the Embedded field, demand expanded for ISO26262/AUTOSAR-compliant in-vehicle AD/ADAS software development projects driven by the progress of SDV adoption, and automotive-related business trended steadily. Embedded development projects in communications and control systems also performed well. In the Enterprise field, orders for government agency system development projects and ERP construction projects contributed significantly to earnings. The impact of US tariffs remained minor during the period. The company began utilizing generative AI tools in the development process, working to improve development productivity. The segment profit margin improved from 6.9% in the prior period (6 months) to 8.7%.

Key Products

service
Automotive & Embedded Software Development (Embedded Field)

Handles development of in-vehicle systems compliant with ISO26262 (functional safety standard) and AUTOSAR, centered on AD/ADAS software development projects driven by the progress of SDV (Software Defined Vehicle) adoption. Embedded development projects in communications and control systems also performed well. From the current consolidated fiscal year, generative AI tools have been utilized in the development process to improve development productivity.

service
Enterprise System Development

Orders for system development projects for government agencies and ERP construction projects contributed significantly to earnings. Also handles business system development for general corporations and financial institutions, maintaining a broad customer base.

product
In-house Package Software Products

Plans and develops in-house package software products in the Enterprise field, contributing to improved value provided to customers and enhancement of earnings "quality."

Growth Drivers

  • Expanding demand for ISO26262/AUTOSAR-compliant in-vehicle AD/ADAS software development projects driven by the progress of SDV (Software Defined Vehicle) adoption
  • Steady inquiries for government agency system development projects and ERP construction projects
  • Improved development productivity through the utilization of generative AI tools in the development process
  • Leveraging the customer base and expanding business operations through collaboration with the parent company, Lester Holdings Co., Ltd.
  • Improved technical capabilities of advanced IT personnel through personnel shifts to high-profitability fields and reskilling

Risks

  • Risk of spillover effects on the automotive industry due to US tariff policy (impact on the current period was minor, but continued monitoring is required)
  • Chronic shortage of IT personnel and difficulty securing advanced IT talent
  • Risk of sales dependence on major customers
  • Risk of cost increases due to rising outsourcing expenses accompanying expansion of collaborative business partners
  • Risk of customers changing IT investment plans due to fluctuations in financial and capital markets and geopolitical risks

Last updated: June 19, 2026