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ProShip's Stellar Q3 Performance Surges 94% in Operating Income

Tokyo-based ProShip, Inc. (TSE Prime: 3763), has recently disclosed its financial results for the third quarter of the fiscal year 2026, revealing a dramatic surge in operating income and revenue. The company reported a 94% increase in operating income, alongside a 20% rise in total revenue, marking a strong growth trajectory in a competitive market environment.

Overview of Q3 Financial Performance

During the third quarter of FY2026, which spans from April 1 to December 31, ProShip achieved the following consolidated financial metrics:

• - Total Revenue: ¥5,987 million (+20.8% year-over-year)
• - Operating Income: ¥2,132 million (+94.5% year-over-year)
• - Ordinary Income: ¥2,245 million (+86.0% year-over-year)
• - Net Income attributable to shareholders: ¥1,581 million (+76.6% year-over-year)

These impressive figures are indicative of ProShip's solid performance amidst market challenges and evolving customer needs.

Drivers Behind Profits Growth

The substantial growth in operating income can be attributed to a combination of factors, including improved quality control and an uptick in high-value projects. Enhanced project density per employee also contributed significantly to this performance. Furthermore, the company's strategic cost management efforts helped keep selling and administrative expenses in check, ultimately leading to improved gross profit margins.

Market Tailwinds from New Lease Accounting Standards

As the new lease accounting standards set to take effect in April 2027 draw closer, demand for system updates is beginning to rise, particularly among large enterprises. With an increasing number of companies adopting ProShip's SaaS solutions such as "ProPlus" and "Impact Calculation SaaS", the company is well-positioned to capitalize on this market trend. ProShip's ongoing order activities remain robust, supported by the anticipated uptick in system renewal needs.

Revised Full-Year Forecast

ProShip has recently updated its full-year fiscal forecast positively, with expectations that total revenue, operating income, ordinary income, and net income will all exceed prior projections. The current performance in Q3 aligns well with these upwardly revised targets, suggesting that ProShip is on track for steady growth throughout the fiscal year.

ProShip Future Support Project

In light of the new lease accounting standards, ProShip has launched the "ProShip Future Support Project" aimed at assisting companies in their adaptation efforts. This initiative, effective from November 2025, links business operations to societal contributions. The company has committed to donating ¥10,000 for each new client project, channeling funds to the Japanese Red Cross, reinforcing its corporate social responsibility (CSR) objectives.

ProShip’s flagship product, the ProPlus series, has been providing solutions for complex lease accounting requirements for over 30 years. This project targets major corporations with revenues exceeding ¥100 billion, aiming to promote both business growth and social contributions.

About ProShip

Founded in April 1969, ProShip operates under the principle of "Speciality for Customer", offering highly specialized services in fixed asset management. The ProPlus system is trusted by over 5,500 companies across various industries, with many large enterprises using it to handle global consolidations. The system is uniquely positioned to meet both local and international tax standards in 24 countries.

Company Overview

• - Name: ProShip, Inc. (TSE Prime: 3763)
• - CEO: Masafumi Suzuki
• - Headquarters: Iidabashi, Chiyoda, Tokyo
• - Founded: April 9, 1969
• - Capital: ¥92.45 million
• - Business: Development and sale of software packages

For more information, visit ProShip's official website: ProShip

For inquiries regarding this announcement, please contact ProShip’s management department here.