Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
29.3
% (year-on-year decrease in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFull fiscal year ended May 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,447 million+11.2%
Operating profit¥197 million-29.3%
Results for the three months of the current quarter
Net Sales
¥370,154 thousand
Ordinary income
¥32,718 thousand
Full-year earnings forecast
Fiscal Period CoveredFiscal year ending May 2027
Net Sales
¥1,601 million
Operating profit
¥167 million
Operating profit margin
10.4 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Generally in line with the annual plan figures under the revised budgetKey points of the Q&AKey questions raised by investors at the briefing and the company's answers
- Demand for adoption amid rising interest rates: The Company explained that customers' cost consciousness will increase in the short term, but that over the medium to long term, this environment will support demand for automated customer follow-up and digital transformation.
- Timing of the share repurchase: The Company explained that, under a discretionary trading agreement with a securities company, it has entrusted the securities company with discretion over the timing, volume and price of the purchases.
- Timing of profit recovery: The Company explained that it expects margins to improve and recover through operating leverage from the fiscal year ending May 2028 onward, after investment in personnel has run its course.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Monthly churn rateAround 1.0%
- Headcount at the end of May 2027135～140
- Telecommunications expenses as a percentage of revenueApproximately 17%
- Outsourcing expenses as a percentage of revenueApproximately 5%
- Pricing revisions for condominiumsScheduled to take effect from January 2027
New initiatives
- Introduce a size- and region-based pricing structure for KASIKA for condominiums from January 2027
- Expand AI text generation and AI recommendation features using generative AI
- Plan to release the “My Plan” feature for condominiums by the end of 2026
- Strengthen KASIKA's iPaaS integrations, expand AI features, and develop new features for the condominium sector
- Expand features across customer acquisition, contracting and post-contract services in the real estate industry, develop new businesses, and consider M&A opportunities over the longer term
Key KPIsA metric the company considers important as a management benchmark.
- Customer Base1,175 companies-0.5%
- MRR¥114 million+5.6%
- Monthly churn rate (company-count basis, average for the most recent year)1.29 %+16.2%
Number of employees
Headcount at fiscal year-end131 people
Change during the periodFrom 102 people at the beginning of the fiscal year ending May 2026 to 131 people at year-end
Hiring plan130–140 people are expected throughout the fiscal year ending May 2027
Acquisition of treasury shares
Funds for acquisition¥100 million
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Full fiscal year ended May 2026 |
| Net Sales | ¥1,447 million (YoY +11.2%) |
| Operating profit | ¥197 million (YoY -29.3%) |
| Results for the three months of the current quarter | Net Sales ¥370,154 thousand / Ordinary income ¥32,718 thousand |
| Full-year earnings forecast | Fiscal Period Covered Fiscal year ending May 2027 / Net Sales ¥1,601 million / Operating profit ¥167 million / Operating profit margin 10.4 % |
| Self-assessment against the plan | Generally in line with the annual plan figures under the revised budget |
| Key KPIs | Customer Base 1,175 companies (YoY -0.5%), MRR ¥114 million (YoY +5.6%), Monthly churn rate (company-count basis, average for the most recent year) 1.29 % (YoY +16.2%) |
| Number of employees | Headcount at fiscal year-end 131 people / Change during the period From 102 people at the beginning of the fiscal year ending May 2026 to 131 people at year-end / Hiring plan 130–140 people are expected throughout the fiscal year ending May 2027 |
| Assumptions Underlying the Business Outlook | Monthly churn rate Around 1.0%, Headcount at the end of May 2027 135～140, Telecommunications expenses as a percentage of revenue Approximately 17%, Outsourcing expenses as a percentage of revenue Approximately 5%, Pricing revisions for condominiums Scheduled to take effect from January 2027 |
| Acquisition of treasury shares | Funds for acquisition ¥100 million / Acquisition period Not disclosed / Number of shares acquired Not disclosed |
| Key points of the Q&A | Demand for adoption amid rising interest rates: The Company explained that customers' cost consciousness will increase in the short term, but that over the medium to long term, this environment will support demand for automated customer follow-up and digital transformation., Timing of the share repurchase: The Company explained that, under a discretionary trading agreement with a securities company, it has entrusted the securities company with discretion over the timing, volume and price of the purchases., Timing of profit recovery: The Company explained that it expects margins to improve and recover through operating leverage from the fiscal year ending May 2028 onward, after investment in personnel has run its course. |
| New initiatives | Introduce a size- and region-based pricing structure for KASIKA for condominiums from January 2027, Expand AI text generation and AI recommendation features using generative AI, Plan to release the “My Plan” feature for condominiums by the end of 2026, Strengthen KASIKA's iPaaS integrations, expand AI features, and develop new features for the condominium sector, Expand features across customer acquisition, contracting and post-contract services in the real estate industry, develop new businesses, and consider M&A opportunities over the longer term |
Items this document does not state (18)
Ordinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioCapital expendituresOrders received and order backlogMarket Size / Share
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.Personnel expenses, telecommunications expenses, outsourcing expenses and other costs increased due to investment in personnel to enhance KASIKA's features and services, feature expansion using generative AI, and investment in new business development.
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.