Source disclosure: January 14, 2026
BayCurrent,Inc. [6532.T]
TOKYO, Jan 14 (Pulse News Wire) -- BayCurrent Inc. (6532.T), a leading consulting firm, reported its third-quarter fiscal year 2026 earnings on Friday, showing robust growth across key metrics. The company's consolidated sales reached ¥105,936 million, marking a year-over-year increase of 26.8%, while EBITDA stood at ¥35,909 million, up 22.1% YoY. The EBITDA margin was maintained at 33.9%.
The company’s performance largely aligned with its initial forecasts for the quarter. Sales were in line with expectations, and the EBITDA margin remained within planned parameters. Despite implementing aggressive hiring strategies and enhancing training programs for consultants, overall expenses including cost of sales and operating expenses stayed consistent with projections. Additionally, there were no unexpected costs or one-time large expenditures during the period. As a result, EBITDA met the projected targets, maintaining an EBITDA margin between 30-40%.
Key performance indicators also showed positive trends. Consultant headcount increased to 5,306 as of the end of the third quarter, representing a 13.6% YoY rise from 4,669 at the same time last year. This growth included new graduates, reflecting ongoing efforts to strengthen human resources. Furthermore, the number of cases continued to surge, driven primarily by demand for digital transformation (DX) and artificial intelligence (AI)-related services. Case volume grew by 20.3% YoY, with utilization rates hovering around 85%, well within the expected range.
Looking ahead, BayCurrent projects that it will meet its annual sales target of ¥143,000 million and maintain an EBITDA margin close to the forecasted 36.4%. The company expects stable business conditions without significant structural changes in the external environment or business model. For the next fiscal year, BayCurrent aims to continue growing in line with its medium-term management plan, focusing on expanding its client base and deepening relationships with existing clients. The firm plans to sustain an EBITDA margin of approximately 35%, with utilization rates remaining steady at about 85%.
BayCurrent's CEO, Hiroshi Nakamura (), emphasized the importance of these strategic initiatives in driving long-term growth. “We remain committed to our mid-term strategy,” said Nakamura, “and we believe that by continuing to invest in talent development and operational improvements, we can achieve sustainable growth.” The company is scheduled to release more detailed financial outlooks for the upcoming fiscal years in April 2026.