PR Times Reports Q1 Revenue Growth, Sets Investment Goals for Milestone 2030
TOKYO, Jul 14 (Pulse News Wire) – PR Times Corporation (3922.NG) reported a record-high revenue of ¥2.527 billion for the fiscal first quarter ended June 30, marking a 25% increase year-over-year but falling slightly behind initial forecasts. Operating profit reached ¥880 million, up 24% compared to the same period last year.
The company's earnings growth rate fell below 25% for the first time since 2011, though combined sales growth and operating margin remained high at 48%. PR Times Corporation CEO highlighted progress towards the Milestone 2030 plan, aiming for significant investment in the next two to three quarters to drive long-term growth. The firm expects continued robust performance despite recent challenges, with plans to focus on expanding key services such as PR Times Corporation and Jooto while maintaining strong profitability.
In addition, PR Times Corporation welcomed former Suzuki Motor executive Mr. Koichi Suzuki as an independent outside director during its annual general meeting held on May 27. The company also launched an enhanced shareholder appreciation program offering 85 choices of perks, achieving a participation rate of 21%, up one percentage point from the previous year.
