Worth reading
65In focus
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
151
¥ million (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSecond 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 Sales13,454 Millions of yen-8.4%
Operating profit431 Millions of yen+54.1%
Ordinary income349 Millions of yen+30.7%
Net income-1,368 Millions of yen
Selling, general and administrative expenses3,149 Millions of yen
Gross Profit Margin26.6%, down 0.4 percentage points year on year (calculated from the figures)
Operating profit margin3.2%, up 1.3 percentage points year on year (calculated from the figures)
Results for the three months of the current quarter
Net Sales
6,785.37 Thousands of yen
Operating profit (loss)
190.91 Thousands of yen
Ordinary profit or loss
153.78 Thousands of yen
Net income attributable to owners of the parent
-69.10 Thousands of yen
Full-year earnings forecast
Net Sales
28,327 Millions of yen
Operating profit
1,200 Millions of yen
Ordinary income
1,050 Millions of yen
Profit attributable to owners of the parent
441 Millions of yen
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales47.5%
Operating profit36.0% (35.9% on another page)
Ordinary income33.3%
Interim net income (loss) attributable to owners of the parentNot calculated or disclosed
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Although there were shifts in the timing of project starts and deliveries, the impact on the full-year plan is minor. The full-year outlook remains in line with the plan.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Higher revenue in the construction and civil engineering business+¥389 million
- Higher revenue on an existing-business basis+¥268 million
- Improved earnings in the construction and civil engineering business+¥614 million
- SG&A cost reduction-¥226 million
- Valuation loss on investment securities-¥939 million
- Litigation-related expenses, including costs related to shareholder matters-¥519 million
New initiatives
- Launch of a project to promote the disaster prevention solutions business
- Reorganisation into a business holding company structure effective 1 January 2027
- Consolidation of core businesses, including consulting and systems development, under the parent company
- Free acquisition and cancellation of stock acquisition rights
- Support for establishing AI governance and expansion of the FDE-style consulting structure
- Pilot operation of a local LLM service
- Initiatives to expand the business of the new “&CADI” service
Key KPIsA metric the company considers important as a management benchmark.
- Net debt-to-equity ratio3.7 TimesYear on year against the same period last yearDeteriorated from 2.67x at the end of the previous fiscal year
- Equity ratio10.3 %Year on year against the same period last yearDeteriorated from 14.2% at the end of the previous fiscal year
- Operating cash flow824 Millions of yen
- Free CF654 Millions of yen
Segment results
- ConsultingNet Sales¥755 million (107.1% year on year)Profit¥28 million (year-on-year change: +¥135 million)
- System DevelopmentNet Sales¥2,652 million (92.6% year on year)Profit¥150 million (211.3% year on year)
- Human ResourcesNet Sales¥967 million (106.0% year on year)Profit¥251 million (136.0% year on year)
- Construction and Civil EngineeringNet Sales¥9,078 million (104.5% year on year)Profit¥630 million (4,076.4% year on year)
- OtherProfit¥0 million
Medium-term management plan targets
Plan nameMTG2028
Target fiscal yearFiscal year ending March 2029
Net Sales¥35,300 million
Operating profit¥2,000 million
Operating profit margin5.7%
Long-term target fiscal yearFiscal year ending March 2032
Long-term revenue¥50,000 million
Long-term operating profit¥3,500 million
Financial targets
ROE
Plan, fiscal year ending March 202712.3%
Plan for the fiscal year ending March 202918.3%
Plan for the fiscal year ending March 203221.0%
Net debt-to-equity ratio
Actual results3.70x
Equity ratio
Actual results10.3%
Number of employees
Number of Employees1,315 People
As of31 March 2026
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | 13,454 Millions of yen (YoY -8.4%) |
| Operating profit | 431 Millions of yen (YoY +54.1%) |
| Ordinary income | 349 Millions of yen (YoY +30.7%) |
| Net income | -1,368 Millions of yen |
| Gross Profit Margin | 26.6%, down 0.4 percentage points year on year (calculated from the figures) |
| Operating profit margin | 3.2%, up 1.3 percentage points year on year (calculated from the figures) |
| Selling, general and administrative expenses | 3,149 Millions of yen |
| Results for the three months of the current quarter | Net Sales 6,785.37 Thousands of yen / Operating profit (loss) 190.91 Thousands of yen / Ordinary profit or loss 153.78 Thousands of yen / Net income attributable to owners of the parent -69.10 Thousands of yen |
| Full-year earnings forecast | Net Sales 28,327 Millions of yen / Operating profit 1,200 Millions of yen / Ordinary income 1,050 Millions of yen / Profit attributable to owners of the parent 441 Millions of yen |
| Progress against full-year forecast | Net Sales 47.5% / Operating profit 36.0% (35.9% on another page) / Ordinary income 33.3% / Interim net income (loss) attributable to owners of the parent Not calculated or disclosed |
| Self-assessment against the plan | Although there were shifts in the timing of project starts and deliveries, the impact on the full-year plan is minor. The full-year outlook remains in line with the plan. |
| Segment results | Segment Consulting / Net Sales ¥755 million (107.1% year on year) / Profit ¥28 million (year-on-year change: +¥135 million), Segment System Development / Net Sales ¥2,652 million (92.6% year on year) / Profit ¥150 million (211.3% year on year), Segment Human Resources / Net Sales ¥967 million (106.0% year on year) / Profit ¥251 million (136.0% year on year), Segment Construction and Civil Engineering / Net Sales ¥9,078 million (104.5% year on year) / Profit ¥630 million (4,076.4% year on year), Segment Other / Net Sales Not disclosed / Profit ¥0 million |
| Breakdown of Factors Affecting the Change | Factors Higher revenue in the construction and civil engineering business / Amount +¥389 million, Factors Higher revenue on an existing-business basis / Amount +¥268 million, Factors Improved earnings in the construction and civil engineering business / Amount +¥614 million, Factors SG&A cost reduction / Amount -¥226 million, Factors Valuation loss on investment securities / Amount -¥939 million, Factors Litigation-related expenses, including costs related to shareholder matters / Amount -¥519 million |
| Key KPIs | Indicator name Net debt-to-equity ratio / Value 3.7 Times / Year on year against the same period last year Deteriorated from 2.67x at the end of the previous fiscal year, Indicator name Equity ratio / Value 10.3 % / Year on year against the same period last year Deteriorated from 14.2% at the end of the previous fiscal year, Indicator name Operating cash flow / Value 824 Millions of yen / Year on year against the same period last year Not disclosed, Indicator name Free CF / Value 654 Millions of yen / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees 1,315 People / As of 31 March 2026 |
| Medium-term management plan targets | Plan name MTG2028 / Target fiscal year Fiscal year ending March 2029 / Net Sales ¥35,300 million / Operating profit ¥2,000 million / Operating profit margin 5.7% / Long-term target fiscal year Fiscal year ending March 2032 / Long-term revenue ¥50,000 million / Long-term operating profit ¥3,500 million |
| Financial targets | ROE Plan, fiscal year ending March 2027 12.3% / Plan for the fiscal year ending March 2029 18.3% / Plan for the fiscal year ending March 2032 21.0% / Net debt-to-equity ratio Actual results 3.70x / Equity ratio Actual results 10.3% |
| New initiatives | Launch of a project to promote the disaster prevention solutions business, Reorganisation into a business holding company structure effective 1 January 2027, Consolidation of core businesses, including consulting and systems development, under the parent company, Free acquisition and cancellation of stock acquisition rights, Support for establishing AI governance and expansion of the FDE-style consulting structure, Pilot operation of a local LLM service, Initiatives to expand the business of the new “&CADI” service |
Items this document does not state (11)
Unit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
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.Improved earnings in the construction and civil engineering business and reductions in SG&A expenses from the promotion of in-house DX contributed to the increase in operating income. Interim net income was negative due to the recognition of a ¥939 million impairment loss on investment securities and ¥519 million in litigation-related expenses, including costs related to shareholder matters.
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.