PKSHA Technology disclosed the absorption merger of 2 consolidated subsidiaries on 17 September. Following the disclosure, the share price rose approximately 2.4%, from the closing price of ¥3,160 on 18 September to ¥3,235 in the morning session.
On 17 September, the company disclosed the absorption merger of 2 consolidated subsidiaries. This formally announced the implementation of an organizational reorganization involving the subsidiaries.
In its financial results, revenue for the cumulative third quarter of the fiscal year ending August 2026 rose 84.1% year on year to ¥28.3 billion, while business profit was ¥4.7 billion and quarterly profit attributable to owners of the parent was ¥2.6 billion. Full-year forecasts remained unchanged at revenue of ¥35.0 billion and net income of ¥2.9 billion.
In recent share price trading, the share price rose from the closing price of ¥3,160 on 18 September to ¥3,235 in the morning session on 24 September. Over the past 5 trading days, the share price has continued to recover while fluctuating in the lower end of the ¥3,100 range.
Looking ahead, information analyzing medium- to long-term earnings factors based on earnings summaries and securities reports may be published. The expansion of AI-related projects and trends in SaaS adoption have been cited as factors driving earnings growth.