Proship Boosts 2026 Fiscal Year Profit Expectations
Proship Co., Ltd., a leading player in fixed asset management solutions, has announced an upward revision of its fiscal year 2026 consolidated earnings forecast. The company, headquartered in Chiyoda, Tokyo, projects its operating profit will rise by 13.6%, reaching 2.624 billion yen, thanks to strong sales performance. Alongside this, Proship also declared a special commemorative dividend as a gesture of appreciation towards its shareholders, celebrating a significant milestone of 5,500 companies using its ProPlus system.
Revised Earnings Forecasts for Fiscal Year 2026
Proship's updated earnings forecast reflects impressive growth compared to their previous estimates. The details are as follows:
- - Consolidated Sales Revenue: 8.2 billion yen (unchanged)
- - Operating Profit: 2.624 billion yen (up by 314 million yen)
- - Ordinary Income: 2.706 billion yen (up by 246 million yen)
- - Net Profit Attributable to Parent Company Shareholders: 1.968 billion yen (up by 168 million yen)
- - Earnings Per Share: 79.18 yen
This marked increase is primarily driven by an impressive 47.5% achievement in sales up to the second quarter of the fiscal year. Proship's notable focus on strengthening quality control and enhancing productivity has allowed the company to improve profit margins and optimize operational costs significantly.
Reasons for the Revision
The success recorded in the first half demonstrated that Proship's profit forecast is now likely to exceed prior expectations. Additionally, demand for the new lease accounting standard is anticipated to gain momentum in the near future, which could further support overall business performance.
Dividend Forecast Revision
In line with the positive forecast adjustments, Proship also revised its dividend projections for the fiscal year ending March 2026. The details are summarized below:
- - End of Second Quarter Dividend: No announcement yet
- - End of Fiscal Year Dividend: Previously announced at 32.00 yen, now revised to 37.00 yen (comprising a regular dividend of 32.00 yen and a commemorative dividend of 5.00 yen)
This commemorative dividend is a token of gratitude towards stakeholders, acknowledging the support that has enabled Proship to achieve 5,500 ProPlus installations. The decision for this dividend will be presented for approval at the upcoming annual general meeting in June 2026.
Company Overview: Proship
Founded in 1969, Proship continues to embody its philosophy of "Speciality for Customer," providing specialized services in fixed asset management. Its flagship product, ProPlus, has gained acclaim, being implemented by over half of the leading companies across various industries. With a robust footprint that extends to 28 countries and the capability to handle tax compliance in 24 countries, ProPlus is touted as the only global system for fixed asset management in the market today.
In April 2024, Proship is set to introduce a specialized fixed asset management system aimed at electric power companies, followed by a new SaaS product, ProPlus+, in December 2024, which will accommodate the forthcoming lease accounting standards.
As Proship forges ahead, it aims to deliver unique value enriched with specialization to enterprises worldwide.