Hybrid Technologies announced its results for the third quarter of the fiscal year ending September 2026. Revenue was ¥4,870 million, up 110% year on year, while EBITDA was ¥391 million. The company also announced its transition to a holding company structure and revised its full-year forecast.
Consolidated revenue for the nine months ended the third quarter was ¥4,870 million, a significant 110% increase year on year. EBITDA was ¥391 million, up 71% year on year, reflecting continued expansion of the company’s earnings base. Contributions from the consolidation of NGSC and the acquisition of a human resources business were the main factors.
By segment, the Development–Japan business reported revenue of ¥1,682 million, equivalent to 80% year on year, and segment profit of ¥210 million. The company announced plans to establish 2 new companies as part of the structural reforms disclosed. The Development–Overseas business reported revenue of ¥663 million, with no comparable year-on-year figure, and segment profit of ¥352 million. Contributions from spot revenue and growth in base revenue were cited as the main factors. The Human Resources segment reported revenue of ¥1,066 million, representing significant growth of 516% year on year. Expenses related to the acquisition of the SES business temporarily reduced earnings.
The full-year forecast was revised, with revenue set at ¥6,859 million, operating profit at ¥187–251 million, EBITDA at ¥464–511 million, profit before tax at ¥68–132 million, and net profit at ¥45–96 million. The forecasts were disclosed as ranges, reflecting anticipated organizational reform costs and the risk of impairment losses on goodwill associated with the transition to a holding company structure.
The company also announced its transition to a holding company structure through a company split. Effective 1 October, the businesses will be transferred to 2 newly established wholly owned subsidiaries, while the company will focus exclusively on group management. The new companies will be named 株式会社ハイブリッドワン and 株式会社ShuHaRi, assuming the offshore development business and domestic solutions business, respectively.