PRONEXUS INC.
7893・Prime Market・Other Products
Disclosure-Related Business (Single Segment)
A single-segment company providing comprehensive disclosure and IR support services for listed companies and financial products
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (full year, actual results for the period) | ¥32,821 million | ¥30,996 million | ↑ |
| Operating profit (full year, actual results for the period) | ¥2,906 million | ¥209 million | ↑ |
| Profit before tax (full year, actual results for the period) | ¥3,012 million | ¥1,682 million | ↑ |
| Profit for the year attributable to owners of the parent (full year, actual results for the period) | ¥2,108 million | ¥451 million | ↑ |
| Gross profit (full year, actual results for the period) | ¥12,291 million | ¥11,182 million | ↑ |
| Cost of sales ratio | 62.6% | 63.9% | ↓ |
| Operating profit margin | 8.9% | 0.7% | ↑ |
| Ratio of equity attributable to owners of the parent | 63.0% | 64.6% | ↓ |
| Basic earnings per share | ¥83.19 | ¥17.68 | ↑ |
| Equity attributable to owners of the parent per share | ¥957.57 | ¥978.71 | ↓ |
| Annual dividend per share | ¥42.00 | ¥52.00 | ↓ |
| Dividend payout ratio (consolidated) | 50.5% | 294.1% | ↓ |
| Cash flows from operating activities | ¥3,526 million | ¥4,286 million | ↓ |
| Cash and cash equivalents at end of period | ¥8,737 million | ¥12,309 million | ↓ |
| Revenue forecast (full year, FY2027 ending March 2027) | ¥34,000 million | ¥32,821 million | ↑ |
| Operating profit forecast (full year, FY2027 ending March 2027) | ¥3,000 million | ¥2,906 million | ↑ |
Business Details
The Pronexus Group operates as a single-segment company with four product categories: Listed Company Disclosure-Related, Listed Company IR & Event-Related, etc., Financial Instruments Disclosure-Related, and Database-Related. Centered on support for preparing statutory disclosure documents such as notices of convocation of shareholders' meetings and securities reports, the company provides a one-stop offering including English translation, web services, BPO, event video operations, and corporate information databases. Its customers are mainly domestic listed companies and companies forming financial products such as investment trusts and REITs. In August 2025, JBA Holdings was made a consolidated subsidiary, expanding the business into the accounting consulting field.
Recent Overview
Operating profit recovered significantly year on year due to the M&A effect and the absence of a prior-year one-time loss; revenue and profit growth are also forecast for the next fiscal year
For FY2026 (ending March 2026), the company achieved revenue of ¥32,821 million (up 5.9% year on year) and operating profit of ¥2,906 million (up ¥2,697 million year on year). The main driver was the year-on-year rebound from the ¥2,503 million goodwill impairment loss on a consolidated subsidiary recorded in the prior fiscal year. On the revenue side, the M&A effect from JBA Holdings (consolidated in August 2025) and increased revenue in the Listed Company Disclosure-Related business were the main drivers. On the other hand, cash and cash equivalents decreased by ¥3,572 million to ¥8,737 million due to ¥1,000 million in treasury stock repurchases and increased investing activity expenditures, among other factors. For FY2027 (ending March 2027), the company forecasts revenue of ¥34,000 million (up 3.6%) and operating profit of ¥3,000 million (up 3.2%). A new lower limit of 4.0% DOE has been added to the dividend policy, and the annual dividend for the next fiscal year is planned to be ¥44.
Key Products
Growth Drivers
- Full-year contribution of accounting consulting revenue from the consolidation of JBA Holdings as a subsidiary (August 2025), expected to be recorded for a full year in the next fiscal year
- Expanded orders for English translation services against the backdrop of the mandatory simultaneous Japanese-English disclosure of financial results information and timely disclosure information for Prime Market listed companies (from April 2025)
- Increased revenue from financial results support and disclosure document preparation outsourcing services due to growing demand for operational efficiency
- Increased printed copies of notices of convocation of shareholders' meetings due to an increase in the number of individual investors
- Expanded orders for medical conference and corporate event support at Cine-Focus
- Expanded orders for recruitment support services as a new business area
- Increased revenue from IPO and finance-related products against the backdrop of a buoyant domestic securities market
- Expanded demand for web services due to real estate securities-related website renewals
Risks
- Medium- to long-term decline in printed pages and print revenue for notices of convocation of shareholders' meetings due to progress in the electronic provision system
- Acceleration of paperless operations due to the full-scale introduction of the electronic delivery system for investment trust prospectuses and investment reports (a factor decreasing revenue in the Financial Instruments Disclosure-Related business)
- Gradual decrease in the number of listed companies due to market reforms by the Tokyo Stock Exchange and other factors (a certain negative impact from a decrease in the number of customers is also assumed for the next fiscal year)
- Upward cost pressure from version upgrade costs for the disclosure document preparation support system and increased personnel expenses associated with strengthening the sales structure (expected to continue in the next fiscal year)
- Future impairment risk related to goodwill (ending balance of ¥3,055 million) of consolidated subsidiaries including JBA Holdings
- Impact on capital from the recognition of a liability of ¥1,494 million related to a forward contract concluded with non-controlling shareholders
- Decrease in cash and cash equivalents due to treasury stock repurchases, dividend payments, and M&A investments (down ¥3,572 million from the end of the previous fiscal year to ¥8,737 million)
- Impact of geopolitical risks such as U.S. trade policy and domestic and overseas economic fluctuations on the securities market and disclosure activities of customer companies
Last updated: June 19, 2026