Worth reading
72In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
28.4
Year-on-year revenue growth (%)Wording
Definitive
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter of the fiscal year ending September 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales43,090 million yen+28.4%
Operating profit4,808 million yen+37.2%
Ordinary income3,902 million yen+24.5%
Net income2,165 million yen+19.8%
Gross Profit Margin19.2 %
Operating profit margin11.2 %
Selling, general and administrative expenses3,476 million yen
Results for the three months of the current quarter
Net Sales
36,139 million yen
Gross profit
7,099 million yen
OtherIncludes trends in standalone second-quarter revenue and gross profit by segment
Full-year earnings forecast
Net Sales
100,450 million yen
EBITDA
11,500 million yen
Operating profit
11,000 million yen
Ordinary income
9,300 million yen
Net income
5,800 million 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。
Number of properties acquired (IoT Residence and Refining)
78.2 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Ahead of planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Sales CommissionsUp ¥211 million year on year
Personnel ExpensesUp ¥421 million year on year
Other SG&A expensesUp ¥181 million year on year
New initiatives
- Redefine the SaaS business as the AI Dynamics (AID) Business
- Newly consolidate ZISEDAI from 2Q
- Strengthen procurement, development and sales capabilities through hiring for acquisition and middle-office functions
Key KPIsA metric the company considers important as a management benchmark.
- Number of sales59 Engagements
- Number of inventory assets268 EngagementsYear on year against the same period last yearNew record high
- Balance of inventories74,597 million yenYear on year against the same period last year+60.8% vs. FY2025.9-end
- Number of acquisition staff81 people
- Number of officers and employees206 people
Segment results
2Q revenue
Finance Consulting68
AI Dynamics（AID）35
Other (offices, hotels, logistics facilities and rental properties)33
Asset Consulting11,282
Refining2,298
IoT Residence22,421
Gross profit shown on a year-on-year basis
IoT ResidenceIncrease of ¥2,819 million year on year, +238.1%
Asset ConsultingIncrease of ¥1,540 million year on year, +130.8%
Medium-term management plan targets
FY2027.9100-person acquisition staff organization
Long-Term VisionRevenue of ¥74.4 billion in FY2033.9
Number of employees
Number of Employees206 people
Change during the periodIncreased by 9 people in 2Q
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending September 2026 |
| Net Sales | 43,090 million yen (YoY +28.4%) |
| Operating profit | 4,808 million yen (YoY +37.2%) |
| Ordinary income | 3,902 million yen (YoY +24.5%) |
| Net income | 2,165 million yen (YoY +19.8%) |
| Gross Profit Margin | 19.2 % |
| Operating profit margin | 11.2 % |
| Selling, general and administrative expenses | 3,476 million yen |
| Results for the three months of the current quarter | Net Sales 36,139 million yen / Gross profit 7,099 million yen / Other Includes trends in standalone second-quarter revenue and gross profit by segment |
| Full-year earnings forecast | Net Sales 100,450 million yen / EBITDA 11,500 million yen / Operating profit 11,000 million yen / Ordinary income 9,300 million yen / Net income 5,800 million yen |
| Progress against full-year forecast | Net Sales Not disclosed / EBITDA Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Number of properties acquired (IoT Residence and Refining) 78.2 % |
| Self-assessment against the plan | Ahead of plan |
| Segment results | 2Q revenue Finance Consulting 68 / AI Dynamics（AID） 35 / Other (offices, hotels, logistics facilities and rental properties) 33 / Asset Consulting 11,282 / Refining 2,298 / IoT Residence 22,421 / Gross profit shown on a year-on-year basis IoT Residence Increase of ¥2,819 million year on year, +238.1% / Asset Consulting Increase of ¥1,540 million year on year, +130.8% |
| Breakdown of Factors Affecting the Change | Sales Commissions Up ¥211 million year on year / Personnel Expenses Up ¥421 million year on year / Other SG&A expenses Up ¥181 million year on year |
| Key KPIs | Indicator name Number of sales / Value 59 Engagements / Year on year against the same period last year Not disclosed, Indicator name Number of inventory assets / Value 268 Engagements / Year on year against the same period last year New record high, Indicator name Balance of inventories / Value 74,597 million yen / Year on year against the same period last year +60.8% vs. FY2025.9-end, Indicator name Number of acquisition staff / Value 81 people / Year on year against the same period last year Not disclosed, Indicator name Number of officers and employees / Value 206 people / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees 206 people / Change during the period Increased by 9 people in 2Q |
| Medium-term management plan targets | FY2027.9 100-person acquisition staff organization / Long-Term Vision Revenue of ¥74.4 billion in FY2033.9 |
| New initiatives | Redefine the SaaS business as the AI Dynamics (AID) Business, Newly consolidate ZISEDAI from 2Q, Strengthen procurement, development and sales capabilities through hiring for acquisition and middle-office functions |
Items this document does not state (12)
Unit 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 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.The strategic restraint on sales in the first quarter led to expanded sales and improved profit margins in the second quarter. In IoT Residence, sales channels expanded beyond high-net-worth individuals to include business corporations. The increase in personnel from new hires and the consolidation of ZISEDAI, as well as higher incentives accompanying revenue growth, also contributed to the increase in SG&A 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.
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.