Worth reading
73In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
19.3
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentation materialsThird quarter of the fiscal year ending December 202615 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,413 million+19.3%
Operating profit¥98 million-55.8%
Ordinary income¥105 million-55.8%
Net income¥65 million-57.9%
Operating profit marginOperating margin and year-on-year change points: Not disclosed
Selling, general and administrative expensesSelling, general and administrative expenses and SG&A expenses as a percentage of revenue: Not disclosed
Results for the three months of the current quarter
Net Sales
¥832 million+21.6%
Operating profit
¥31 million-39.8%
Ordinary income
¥30 million-40.5%
Net income
¥16 million-50.7%
Full-year earnings forecast
Net Sales
¥3,385 million
Operating profit
¥204 million
Ordinary income
¥200 million
Net income
¥216 million
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 Sales71.3%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing in line with the planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Factors Behind Decline in Ordinary Profit
- AI-related investment and increased hiringApproximately ¥34 million
- Advertising and new openingsApproximately ¥73 million
- Head office relocation, LLMO initiatives, advertising and promotion, systems-related expenses and new store openingsApproximately ¥90 million
Other
Listing expensesApproximately ¥15 million
Government grant incomeApproximately ¥20 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Quantitative assumptions regarding volume, foreign exchange rates, raw material prices, interest rates and other factors were Not disclosedNew initiatives
- LLMO measures, AI-related investment, system-related investment and increased hiring
- Launch of Station Ride, a service for rides near train stations
- Expansion of the public-private partnership network for utilizing monthly parking facilities during disasters
- Opened new-model rental meeting rooms in Aoyama-itchome and Shimbashi
- Head Office Relocation
- Plan to upgrade and develop in-house the portal site and core system
Key KPIsA metric the company considers important as a management benchmark.
- AP Cloud registered units53 10,000 unitsYear on year against the same period last year+19.1%
- Payment processing units20 10,000 unitsYear on year against the same period last year+16.7%
- Rent delinquency guarantee units10.2 10,000 unitsYear on year against the same period last year+21.7%
- AP Cloud Service ARR¥1,691 millionYear on year against the same period last year+23.6%
- Number of rental meeting room and other locations19 Location
Unit price and quantity metricsThese figures show sales broken down by price and volume.
The number of AP Cloud registrations, payment processing accounts and rent guarantee accounts is disclosed, but performance comparisons combining these figures with unit prices are Not disclosedSegment results
Monthly Parking Innovation Business
Net Sales
¥1,633 million+27.6%
Segment profit
¥430 million+11.7%
Building Innovation Business
Net Sales
¥777 million+5.7%
Segment profit
¥143 million-18.7%
Medium-term management plan targets
FY2030
Net Sales¥6.5–7.0 billion
Operating profit¥1 billion
Market capitalizationMore than ¥15 billion
M&A budgetApproximately ¥1 billion cumulatively for fiscal 2026 through fiscal 2030
Financial targets
Financial targets such as ROE, ROIC, the D/E ratio and the equity ratio were Not disclosedMarket Size / Share
- Domestic number of vehicles ownedMore than 62.05 million vehiclesAs ofEnd of March 2025
- Number of monthly parking spacesApproximately 48.70 million spaces
- Number of monthly parking spaces managed by management companies (SOM)Approximately 25.00 million spaces
- Space-sharing market sizeApproximately ¥551.6 billionAs ofFiscal 2024
- Rental meeting-room market sizeApproximately ¥76.4 billionAs ofFiscal 2024
Number of stores and locations
A total of 19 rental meeting rooms, shared meeting rooms, rental offices and other locations are operated. The number of openings and closures during the period was Not disclosedNumber of employees
The number of employees and hires was Not disclosed. The company strengthened hiring.Capital expenditures
Capital investment amount: Not disclosed. AI-related investment and system-related investment, among others, were undertaken.Annual Dividend
Dividends are scheduled to commence in fiscal 2030. The dividend amount and breakdown for fiscal 2026 were Not disclosedGross profit
Cumulative total: ¥1,423 million. Gross profit margin and year-on-year change points: Not disclosed| Item | Details |
|---|---|
| Document type | Earnings presentation materials |
| Fiscal Period Covered | Third quarter of the fiscal year ending December 2026 |
| Net Sales | ¥2,413 million (YoY +19.3%) |
| Operating profit | ¥98 million (YoY -55.8%) |
| Ordinary income | ¥105 million (YoY -55.8%) |
| Net income | ¥65 million (YoY -57.9%) |
| Gross profit | Cumulative total: ¥1,423 million. Gross profit margin and year-on-year change points: Not disclosed |
| Operating profit margin | Operating margin and year-on-year change points: Not disclosed |
| Selling, general and administrative expenses | Selling, general and administrative expenses and SG&A expenses as a percentage of revenue: Not disclosed |
| Results for the three months of the current quarter | Net Sales ¥832 million (YoY +21.6%) / Operating profit ¥31 million (YoY -39.8%) / Ordinary income ¥30 million (YoY -40.5%) / Net income ¥16 million (YoY -50.7%) |
| Full-year earnings forecast | Net Sales ¥3,385 million / Operating profit ¥204 million / Ordinary income ¥200 million / Net income ¥216 million |
| Progress against full-year forecast | Net Sales 71.3% |
| Self-assessment against the plan | Progressing in line with the plan |
| Segment results | Monthly Parking Innovation Business Net Sales ¥1,633 million (YoY +27.6%) / Segment profit ¥430 million (YoY +11.7%) / Building Innovation Business Net Sales ¥777 million (YoY +5.7%) / Segment profit ¥143 million (YoY -18.7%) |
| Breakdown of Factors Affecting the Change | Factors Behind Decline in Ordinary Profit Factors AI-related investment and increased hiring / Amount Approximately ¥34 million, Factors Advertising and new openings / Amount Approximately ¥73 million, Factors Head office relocation, LLMO initiatives, advertising and promotion, systems-related expenses and new store openings / Amount Approximately ¥90 million / Other Listing expenses Approximately ¥15 million / Government grant income Approximately ¥20 million |
| Key KPIs | Indicator name AP Cloud registered units / Value 53 10,000 units / Year on year against the same period last year 19.1 10,000 units, Indicator name Payment processing units / Value 20 10,000 units / Year on year against the same period last year 16.7 10,000 units, Indicator name Rent delinquency guarantee units / Value 10.2 10,000 units / Year on year against the same period last year 21.7 10,000 units, Indicator name AP Cloud Service ARR / Value ¥1,691 million / Year on year against the same period last year ¥23.6 million, Indicator name Number of rental meeting room and other locations / Value 19 Location / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | The number of AP Cloud registrations, payment processing accounts and rent guarantee accounts is disclosed, but performance comparisons combining these figures with unit prices are Not disclosed |
| Number of stores and locations | A total of 19 rental meeting rooms, shared meeting rooms, rental offices and other locations are operated. The number of openings and closures during the period was Not disclosed |
| Number of employees | The number of employees and hires was Not disclosed. The company strengthened hiring. |
| Assumptions Underlying the Business Outlook | Quantitative assumptions regarding volume, foreign exchange rates, raw material prices, interest rates and other factors were Not disclosed |
| Medium-term management plan targets | FY2030 Net Sales ¥6.5–7.0 billion / Operating profit ¥1 billion / Market capitalization More than ¥15 billion / M&A budget Approximately ¥1 billion cumulatively for fiscal 2026 through fiscal 2030 |
| Financial targets | Financial targets such as ROE, ROIC, the D/E ratio and the equity ratio were Not disclosed |
| Annual Dividend | Dividends are scheduled to commence in fiscal 2030. The dividend amount and breakdown for fiscal 2026 were Not disclosed |
| Capital expenditures | Capital investment amount: Not disclosed. AI-related investment and system-related investment, among others, were undertaken. |
| Market Size / Share | Market Domestic number of vehicles owned / Value More than 62.05 million vehicles / As of End of March 2025, Market Number of monthly parking spaces / Value Approximately 48.70 million spaces, Market Number of monthly parking spaces managed by management companies (SOM) / Value Approximately 25.00 million spaces, Market Space-sharing market size / Value Approximately ¥551.6 billion / As of Fiscal 2024, Market Rental meeting-room market size / Value Approximately ¥76.4 billion / As of Fiscal 2024 |
| New initiatives | LLMO measures, AI-related investment, system-related investment and increased hiring, Launch of Station Ride, a service for rides near train stations, Expansion of the public-private partnership network for utilizing monthly parking facilities during disasters, Opened new-model rental meeting rooms in Aoyama-itchome and Shimbashi, Head Office Relocation, Plan to upgrade and develop in-house the portal site and core system |
Items this document does not state (5)
Risk amount incorporated into the outlookPayout ratioAcquisition of treasury sharesOrders 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 expansion of the monthly parking innovation business drove company-wide revenue growth. The decline in profit was attributable to growth investments toward 2030, AI-related investment, increased hiring, LLMO measures, system-related expenses, new store openings and the relocation of headquarters, among other factors.
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.