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Proship Achieves Record Financial Results for FY2025

Proship, a leading provider of fixed asset management solutions, headquartered in Chiyoda, Tokyo, has unveiled outstanding financial results for the fiscal year ending March 2025. The company reported a total revenue of 7,564 million yen, representing an impressive 11.0% year-on-year increase. Operating income surged to 2,309 million yen, marking a remarkable 41.5% increase from the previous year, while ordinary income reached 2,431 million yen, up by 29.5%. Net income attributable to the parent company's shareholders saw a dramatic rise of 43.0%, totaling 1,930 million yen.

Overview of FY2025 Results

Proship’s growth can be attributed to its strategic focus on enhancing customer efficiency with its flagship fixed asset management solutions. The company has undertaken upgrades for existing customers and prioritized projects within the infrastructure sector as part of its growth strategy. This approach has enabled Proship to respond effectively to the rising system investment needs among large and medium-sized enterprises.

As projects scaled in size and the density of work per staff member increased, Proship experienced a notable boost in sales. Additionally, the company has strengthened its overall quality management efforts, leading to cost reductions in its cost of sales. The introduction of a restricted stock compensation scheme for directors and employees, along with performance-related bonuses, demonstrates Proship's commitment to investing in its people and product development. Notably, the efficient progress of developing its new SaaS solution, ProPlus+, has also contributed to the successful management of sales and general administrative expenses.

Despite the increase in pre-tax net income which subsequently raised corporate tax liabilities, Proship capitalized on favorable tax measures related to pay raises and research and development, leading to lower net tax costs. Consequently, Proship’s extraordinary fiscal performance highlights an unyielding commitment to growth through continuous investment in human resources and product innovation.

Dividend Forecast

In a move to ensure sustained growth, Proship has resolved to maintain a dividend payout ratio of over 40%. Following the verification of applicable tax incentive measures, the company increased its dividend forecast for the year ending March 2025. Originally expected at 55 yen per share, the dividend has now been raised by 8 yen to 63 yen, reflecting its commitment to returning value to its shareholders.

About Proship

Proship operates under the fundamental principle of “Speciality for Customer” and excels in providing high-specialty services in the field of fixed asset management. Its leading product, the ProPlus package system, is utilized by over half of large corporations across various industries, with a cumulative total of 5,454 companies. Unique in the market, ProPlus enables global integration as a fixed asset system, catering to the accounting needs of 28 countries and regions and adhering to tax standards in 24 countries.

In line with its growth trajectory, Proship plans to release the “ProPlus for Electric Power Company” fixed asset management system in April 2024 and the new SaaS product “ProPlus+” in December 2024.

The company remains dedicated to delivering exceptional value characterized by its unique specialties to businesses worldwide.

Company Overview

• - Company Name: Proship, Inc. (TSE Prime: 3763)
• - Representative: CEO Satoshi Suzuki
• - Headquarters: 3-8-5 Iidabashi, Chiyoda-ku, Tokyo
• - Other Offices: Osaka and Saga
• - Founded: April 9, 1969
• - Capital: 770.57 million yen
• - Business: Software package development and sales

For further inquiries, please visit Proship's official website.

Recent Press Releases

• - Proship performs corporate hometown tax donations and receives gratitude awards.
• - Proship opens new office in Saga City.
• - Proship collaborates with Yamaha Motor on ProPlus lease contract management module.
• - Free distribution of seminars on new lease accounting standards, garnering over 10,000 views.

For the latest updates and news from Proship, visit their news page.