Worth reading
53Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
696
¥ millionWording
Conditional
How definitive the wording is.Contents of this document
Earnings presentation materialsSecond quarter of the fiscal year ending March 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥696 million-0.3%
Operating profit¥29 million-34.5%
Ordinary income¥12 million-59.1%
Net income¥16 million-50.8%
Gross Profit Margin73.6%
Operating profit margin4.2%
Selling, general and administrative expenses¥483 million
Results for the three months of the current quarter
Net SalesSecond-quarter standalone revenue: ¥356 million (as shown in the chart)
Full-year earnings forecast
Net Sales
¥1,652 million
HR business
¥325 million
Public-Private Co-Creation business
¥574 million
Media PR business (including M&A brokerage)
¥437 million
Global Innovation business
¥315 million
Operating profit
¥51 million
Adjusted EBITDA
¥77 million
Ordinary income
¥27 million
Net income for the current fiscal year
¥33 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue fell short of plan, while adjusted EBITDA exceeded planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Gross profit from the three core businesses¥-51 million
- SG&A expenses for the three core businesses¥-92 million
- HR gross profit¥40 million
- HR-related investments¥-59 million
- Corporate SG&A expenses¥19 million
New initiatives
- Launch of the Municipal AI Hub, an AI promotion platform for local governments
- Commissioned planning and operation of a startup promotion project for Fukuoka Prefecture
- Launch of support for regional future innovation
- Expansion of the HR business and consideration of entering the AI sector
Key KPIsA metric the company considers important as a management benchmark.
- Number of interviews+85.9% year on year
- Talent agency revenue+1315.1% year on year
Segment results
HR business
Net Sales
¥126 million
Year on year against the same period last year+172.2%
Public-Private Co-Creation business
Net Sales
¥277 million
Year on year against the same period last year-15.7%
Media and PR business
Net Sales
¥199 million
Year on year against the same period last year+14.8%
Global Innovation business
Net Sales
¥92 million
Year on year against the same period last year-37.6%
Medium-term management plan targets
- Target fiscal yearFiscal year ending March 2028Net Sales¥2.58 billionOperating profit¥350 million
- Target fiscal yearFiscal year ending March 2030Net Sales¥4.51 billionOperating profit¥900 million
Market Size / Share
- Recruitment Placement MarketScaleApproximately ¥910 billion
- White-collar staffing agency marketScaleApproximately ¥449 billion
- Recruitment outsourcing marketScaleApproximately ¥70 billion
- DX-related market for the public sectorScaleApproximately ¥360 billion
- Future target market for BtoG marketing and BPOScaleApproximately ¥140 billion
Number of employees
Number of Employees107 People
As ofEnd of September 2026
| Item | Details |
|---|---|
| Document type | Earnings presentation materials |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥696 million (YoY -0.3%) |
| Operating profit | ¥29 million (YoY -34.5%) |
| Ordinary income | ¥12 million (YoY -59.1%) |
| Net income | ¥16 million (YoY -50.8%) |
| Gross Profit Margin | 73.6% |
| Operating profit margin | 4.2% |
| Selling, general and administrative expenses | ¥483 million |
| Results for the three months of the current quarter | Net Sales Second-quarter standalone revenue: ¥356 million (as shown in the chart) |
| Full-year earnings forecast | Net Sales ¥1,652 million / HR business ¥325 million / Public-Private Co-Creation business ¥574 million / Media PR business (including M&A brokerage) ¥437 million / Global Innovation business ¥315 million / Operating profit ¥51 million / Adjusted EBITDA ¥77 million / Ordinary income ¥27 million / Net income for the current fiscal year ¥33 million |
| Self-assessment against the plan | Revenue fell short of plan, while adjusted EBITDA exceeded plan |
| Segment results | HR business Net Sales ¥126 million / yoy_pct 172.2 / Public-Private Co-Creation business Net Sales ¥277 million / yoy_pct -15.7 / Media and PR business Net Sales ¥199 million / yoy_pct 14.8 / Global Innovation business Net Sales ¥92 million / yoy_pct -37.6 |
| Breakdown of Factors Affecting the Change | Factors Gross profit from the three core businesses / Amount ¥-51 million, Factors SG&A expenses for the three core businesses / Amount ¥-92 million, Factors HR gross profit / Amount ¥40 million, Factors HR-related investments / Amount ¥-59 million, Factors Corporate SG&A expenses / Amount ¥19 million |
| Key KPIs | Indicator name Number of interviews / Value +85.9% year on year, Indicator name Talent agency revenue / Value +1315.1% year on year |
| Number of employees | Number of Employees 107 People / As of End of September 2026 |
| Medium-term management plan targets | Target fiscal year Fiscal year ending March 2028 / Net Sales ¥2.58 billion / Operating profit ¥350 million, Target fiscal year Fiscal year ending March 2030 / Net Sales ¥4.51 billion / Operating profit ¥900 million |
| Market Size / Share | Market Recruitment Placement Market / Scale Approximately ¥910 billion, Market White-collar staffing agency market / Scale Approximately ¥449 billion, Market Recruitment outsourcing market / Scale Approximately ¥70 billion, Market DX-related market for the public sector / Scale Approximately ¥360 billion, Market Future target market for BtoG marketing and BPO / Scale Approximately ¥140 billion |
| New initiatives | Launch of the Municipal AI Hub, an AI promotion platform for local governments, Commissioned planning and operation of a startup promotion project for Fukuoka Prefecture, Launch of support for regional future innovation, Expansion of the HR business and consideration of entering the AI sector |
Items this document does not state (12)
Progress against full-year forecastUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogQ&A topics
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.Revenue in the HR business increased due to growth in the talent agency service and the expanded consolidation period for the RPO subsidiary. Meanwhile, revenue in the Public-Private Co-Creation Business declined following the cancellation of a major customer contract in the previous fiscal year, while revenue in the Global Innovation Business declined due to slowing orders and cancellations for its information portal SaaS. In terms of profit, the decline in gross profit reduced operating profit and adjusted EBITDA, but adjusted EBITDA exceeded plan due to optimization of personnel expenses, recruitment costs and advertising expenses.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.