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GENDA (9166) investor relations material
GENDA Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for the nine months ended October 31, 2025, increased 54% year-over-year to ¥119.6bn, driven by aggressive M&A and expansion into new business domains and geographies.
EBITDA before one-off M&A expenses increased 46.7% to ¥14.8bn; after such expenses, EBITDA was ¥13.9bn, up 47.1%.
Net income before amortization of goodwill was ¥5.7bn, up 31% year-over-year before M&A expenses; ¥4.7bn after, up 32.8%.
Strategic revision announced: M&A will focus on core domains, with a pause on public equity offerings for M&A standby funds for at least three years.
Share repurchase program of up to ¥3.0bn authorized, reflecting confidence in future EBITDA and EPS growth.
Financial highlights
Revenue rose 54% year-over-year to ¥119.6bn for the nine months ended October 31, 2025.
EBITDA increased 47% to ¥14.7bn; EBITA up 23% to ¥8.5bn; net income before amortization of goodwill up 31% to ¥5.6bn.
Operating income was ¥4.9bn, down 9% year-over-year; ordinary income was ¥3.7bn, down 26%.
Net income attributable to shareholders was ¥2.0bn, down 23.7% year-over-year.
Total assets at period-end were ¥197.0bn, with net assets at ¥63.9bn and an equity ratio of 32.3%.
Outlook and guidance
FY2027/1 forecast: revenue ¥210.0bn, EBITDA ¥28.0bn, net income before amortization of goodwill ¥10.6bn, assuming no further M&A.
Full-year revenue forecast is ¥157.0bn (up 40.4%), with operating income of ¥10.5bn (up 32.6%) and net income of ¥5.0bn (up 53.7%).
EBITDA for the full year is projected at ¥22.0bn (up 54.9%), and net income before amortization of goodwill at ¥8.0bn (up 73.7%).
North American business targets EBITDA of ¥6.5bn next fiscal year and ¥11.0bn by 2030.
No change to previously disclosed full-year guidance; forecasts have been revised upward twice during the year.
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