Komori
Earnings135AVRAIN Solution,Inc.Information and Communications, Services and Others

Summary of Financial Results for the Fiscal Year Ended February 2026 (Japanese GAAP, Non-consolidated)

For the fiscal year ended February 2026, net sales, operating profit and net income each increased by approximately 53% year on year, while the operating margin edged up from 27.7% to 27.9%. For the fiscal year ending February 2027, the company expects higher sales and profits, while maintaining its annual dividend forecast at ¥0.

Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
52.9
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 March 2025–28 February 2026Non-consolidated (standalone)Japanese GAAP
Net Sales3,278¥ millionYear on year +52.9%Progress 68.0%
Operating profit914¥ millionYear on year +53.8%Progress 63.1%
Ordinary income912¥ millionYear on year +53.3%Progress 62.9%
Net income attributable to owners of the parent652¥ millionYear on year +53.4%Progress 67.1%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥63.95
Operating Margin27.9%
Financial position at period-end
Total assets3,215¥ million
of which net assets 2,086 ¥ millionEquity ratio 64.9%vs. prior year-end -11.0pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating-375
Investment-93
Financials+406
Net change-62

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥427 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥4,823 million (YoY +47.1%)
Operating profit¥1,449 million (YoY +58.5%)
Ordinary income¥1,449 million (YoY +58.9%)
Net income¥972 million (YoY +49.2%)
Annual Dividend Forecast¥0 → ¥0(0.0%)
Factors Behind Changes in Business Performance

The cumulative number of companies with which the company has conducted transactions reached 337, leading to orders from competitors and selection as a partner company for large-scale projects. In addition, the company strengthened its internal infrastructure and sales organization through the expansion associated with the head office relocation, the launch of a dedicated customer support department, the release of new products, participation in trade shows, overseas test marketing, the opening of sales offices and recruitment activities.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Material subsequent eventsNo applicable matters.
Depreciation and amortization¥53 million
Orders received and order backlogOrder backlog ¥1,269 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (joint session for institutional and individual investors)
Issued Shares at Period-End10,256,000 shares
Treasury Shares at Period-End0 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 March 2025–28 February 2026
Net Sales¥3,278 million (YoY +52.9%)
Operating profit¥914 million (YoY +53.8%)
Ordinary income¥912 million (YoY +53.3%)
Profit attributable to owners of the parent¥652 million (YoY +53.4%)
Net income per share¥63.95
Operating Margin27.9%
Equity ratioEnd of the current fiscal period 64.9% / End of previous period 75.9%
Total assets¥3,215 million
Net assets¥2,086 million
Cash flows from operating activities¥-375 million
Cash flows from investing activities¥-93 million
Cash flows from financing activities¥406 million
Cash and cash equivalents at end of period¥427 million
Full-year earnings forecastNet Sales ¥4,823 million (YoY +47.1%) / Operating profit ¥1,449 million (YoY +58.5%) / Ordinary income ¥1,449 million (YoY +58.9%) / Net income ¥972 million (YoY +49.2%)
Annual Dividend Forecast¥0 → ¥0(0.0%)
Orders received and order backlogOrder backlog ¥1,269 million
Depreciation and amortization¥53 million
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Material subsequent eventsNo applicable matters.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (joint session for institutional and individual investors)
Issued Shares at Period-End10,256,000 shares
Treasury Shares at Period-End0 shares
Factors Behind Changes in Business PerformanceThe cumulative number of companies with which the company has conducted transactions reached 337, leading to orders from competitors and selection as a partner company for large-scale projects. In addition, the company strengthened its internal infrastructure and sales organization through the expansion associated with the head office relocation, the launch of a dedicated customer support department, the release of new products, participation in trade shows, overseas test marketing, the opening of sales offices and recruitment activities.
Items this document does not state (9)
Revision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesImpairment lossBreakdown of extraordinary income (loss)Changes in the scope of consolidation

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The company explains that its business expanded as it strengthened its internal infrastructure and sales organization by responding to the expansion associated with the head office relocation, launching a dedicated customer support department, releasing the new PX-1000N product, exhibiting at trade shows, conducting overseas test marketing, opening sales offices in Sendai and Sapporo, and recruiting personnel. This was accompanied by winning orders from competitors and being selected as a partner company for a large-scale project.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the Fiscal Year Ended February 2026 (Japanese GAAP, Non-consolidated) | VRAIN Solution,Inc. (135A) timely disclosure | Komori