Worth reading
58In 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
15.6
% (year-on-year change in revenue)Wording
Definitive
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ending December 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥744 million+15.6%
Operating profit¥13 million-82.4%
Ordinary income¥14 million-84.3%
Net income¥9 million-84.3%
Results for the three months of the current quarterRevenue of ¥744 million, operating income of ¥13 million, ordinary income of ¥14 million and quarterly net income of ¥9 million. All figures are for the three-month period of the first quarter of the fiscal year ending December 2026.
Full-year earnings forecastRevenue of ¥3,385 million. Forecasts for other line items: Not disclosed.
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。Revenue: 22.0% (consolidated total). Progress rates for other line items and segments: Not disclosed.
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
In line with planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Subsidy IncomeApproximately ¥20 million
- Listing expensesApproximately ¥15 million
- LLMO initiatives, system renewal and new store openingsApproximately ¥50 million
- Head office relocation, LLMO initiatives, advertising and promotion, systems-related expenses and new store openingsApproximately ¥90 million
New initiatives
- LLMO initiatives and systems-related investment
- UI/UX improvements and system renewal for AP Cloud and the portal site
- Launch of AP Weekly as a new area of the monthly parking business
- Opening of new-model rental meeting rooms in Aoyama-itchome and Shimbashi
- Investment in the management platform and human capital through the relocation of the head office
Key KPIsA metric the company considers important as a management benchmark.
- ARR¥1,765 millionYear on year against the same period last year+31.5%
- AP Cloud registered units48.7 10,000 unitsYear on year against the same period last year+23.7%
- Payment processing units18.4 10,000 unitsYear on year against the same period last year+18.3%
- Rent delinquency guarantee units9.2 10,000 unitsYear on year against the same period last year+34.5%
- Number of locations, including rental meeting rooms19 locations
Unit price and quantity metricsThese figures show sales broken down by price and volume.
The company discloses AP Cloud registered units, payment processing units and rent delinquency guarantee units as volume indicators. It also describes revenue models including the number of payment transactions multiplied by a flat fee and monthly rent multiplied by 5%.Segment results
- Monthly Parking Innovation BusinessNet Sales¥520 million (YoY +28.0%)Segment profit¥154 million (YoY +15.2%)
- Building Innovation BusinessNet Sales¥223 million (YoY -4.4%)Segment profit¥27 million (YoY -43.1%)
Medium-term management plan targets
The materials describe growth investments through 2030, the 2030 vision for AP Cloud registered units, and a registered-unit CAGR of +23%. Details of the target figures: Not disclosed.Financial targets
Equity ratio of 33.9% (actual result for the first quarter of fiscal 2026). Financial targets: Not disclosed.Market Size / Share
More than 62.05 million vehicles in Japan, approximately 48.70 million monthly parking spaces, approximately 25.00 million vehicles in monthly parking lots managed by management companies, and 470,000 AP Cloud registered units (approximately 2% of SOM). The space-sharing market is approximately ¥551.6 billion, the rental meeting room market is approximately ¥76.4 billion, and meeting room services revenue is ¥900 million (approximately 1% of SOM).Number of stores and locations
A total of 19 locations, including rental meeting rooms, shared meeting rooms and serviced offices. New locations opened in Aoyama-itchome and Shimbashi in April 2026. The number of closures during the period: Not disclosed.| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥744 million (YoY +15.6%) |
| Operating profit | ¥13 million (YoY -82.4%) |
| Ordinary income | ¥14 million (YoY -84.3%) |
| Net income | ¥9 million (YoY -84.3%) |
| Results for the three months of the current quarter | Revenue of ¥744 million, operating income of ¥13 million, ordinary income of ¥14 million and quarterly net income of ¥9 million. All figures are for the three-month period of the first quarter of the fiscal year ending December 2026. |
| Full-year earnings forecast | Revenue of ¥3,385 million. Forecasts for other line items: Not disclosed. |
| Progress against full-year forecast | Revenue: 22.0% (consolidated total). Progress rates for other line items and segments: Not disclosed. |
| Self-assessment against the plan | In line with plan |
| Segment results | Segment Monthly Parking Innovation Business / Net Sales ¥520 million (YoY +28.0%) / Segment profit ¥154 million (YoY +15.2%), Segment Building Innovation Business / Net Sales ¥223 million (YoY -4.4%) / Segment profit ¥27 million (YoY -43.1%) |
| Breakdown of Factors Affecting the Change | Factors Subsidy Income / Amount Approximately ¥20 million, Factors Listing expenses / Amount Approximately ¥15 million, Factors LLMO initiatives, system renewal and new store openings / Amount Approximately ¥50 million, Factors Head office relocation, LLMO initiatives, advertising and promotion, systems-related expenses and new store openings / Amount Approximately ¥90 million |
| Key KPIs | Indicator name ARR / Value ¥1,765 million / Year on year against the same period last year ¥31.5 million, Indicator name AP Cloud registered units / Value 48.7 10,000 units / Year on year against the same period last year 23.7 10,000 units, Indicator name Payment processing units / Value 18.4 10,000 units / Year on year against the same period last year 18.3 10,000 units, Indicator name Rent delinquency guarantee units / Value 9.2 10,000 units / Year on year against the same period last year 34.5 10,000 units, Indicator name Number of locations, including rental meeting rooms / Value 19 locations / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | The company discloses AP Cloud registered units, payment processing units and rent delinquency guarantee units as volume indicators. It also describes revenue models including the number of payment transactions multiplied by a flat fee and monthly rent multiplied by 5%. |
| Number of stores and locations | A total of 19 locations, including rental meeting rooms, shared meeting rooms and serviced offices. New locations opened in Aoyama-itchome and Shimbashi in April 2026. The number of closures during the period: Not disclosed. |
| Medium-term management plan targets | The materials describe growth investments through 2030, the 2030 vision for AP Cloud registered units, and a registered-unit CAGR of +23%. Details of the target figures: Not disclosed. |
| Financial targets | Equity ratio of 33.9% (actual result for the first quarter of fiscal 2026). Financial targets: Not disclosed. |
| Market Size / Share | More than 62.05 million vehicles in Japan, approximately 48.70 million monthly parking spaces, approximately 25.00 million vehicles in monthly parking lots managed by management companies, and 470,000 AP Cloud registered units (approximately 2% of SOM). The space-sharing market is approximately ¥551.6 billion, the rental meeting room market is approximately ¥76.4 billion, and meeting room services revenue is ¥900 million (approximately 1% of SOM). |
| New initiatives | LLMO initiatives and systems-related investment, UI/UX improvements and system renewal for AP Cloud and the portal site, Launch of AP Weekly as a new area of the monthly parking business, Opening of new-model rental meeting rooms in Aoyama-itchome and Shimbashi, Investment in the management platform and human capital through the relocation of the head office |
Items this document does not state (12)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey 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.The increase in revenue was attributable to the expansion of the Monthly Parking Innovation Business. The decline in profits resulted from strategic investments, including the head office relocation, LLMO initiatives, systems-related investment and new store openings. These investments were already incorporated into the full-year earnings forecast, and the company considers progress to be in line with its plan.
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.