Worth reading
53Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
16
Millions of yen (year-on-year improvement in operating income (loss))Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFirst quarter of the fiscal year ending December 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥206 million-2.9%
Operating profit¥-51 million
Ordinary income¥-53 million
Net income¥-54 million
Full-year earnings forecast
Net Sales
¥1,150 million
Operating profit
¥50 million
Ordinary income
¥50 million
Net income for the current fiscal year
¥40 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 Sales18.0%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Generally in line with plan in the first quarterBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Operating profit/loss improved as a result of fixed-cost reductions, including lower outsourcing and depreciation expenses, including amortization of goodwill. Amount by factor: not disclosed.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Revenue contributions from the new Will-Fleet product are expected from the second half onward. Full-year recurring revenue is expected to be recorded in line with plan. Numerical assumptions: not disclosed.New initiatives
- Capital alliance with ゼンリン and strengthened collaboration
- Capital and Business Alliance with 泉陽興業
- Private placement of approximately ¥450 million
- Strengthening and advancing the Will-Fleet sales structure
- Development of proprietary platform products for transportation operators
- Collaboration with KCS on digital transformation in local public transportation
- Expansion of the OBD II-type digital tachograph Will-Fleet into logistics digital transformation
Key KPIsA metric the company considers important as a management benchmark.
- Number of customers90 companies
- Proprietary platform revenue mixAt least 70%2030 targetYear on year against the same period last yearApproximately 30% in FY2025
- Stock revenue¥77 million
- Recurring-revenue accounts72 companies
Medium-term management plan targets
Target fiscal yearFY2030
Net Sales¥3 billion
Operating profit¥350 million
Operating profit margin12%
Number of customersAt least 300 companies
Proprietary platform revenue mixAt least 70%
Financial targets
Operating profit¥350 million (FY2030)
Operating profit margin12% (FY2030)
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥206 million (YoY -2.9%) |
| Operating profit | ¥-51 million |
| Ordinary income | ¥-53 million |
| Net income | ¥-54 million |
| Full-year earnings forecast | Net Sales ¥1,150 million / Operating profit ¥50 million / Ordinary income ¥50 million / Net income for the current fiscal year ¥40 million |
| Progress against full-year forecast | Net Sales 18.0% / Operating profit Not disclosed / Ordinary income Not disclosed / Net income for the current fiscal year Not disclosed |
| Self-assessment against the plan | Generally in line with plan in the first quarter |
| Breakdown of Factors Affecting the Change | Operating profit/loss improved as a result of fixed-cost reductions, including lower outsourcing and depreciation expenses, including amortization of goodwill. Amount by factor: not disclosed. |
| Key KPIs | Indicator name Number of customers / Value 90 companies / Year on year against the same period last year Not disclosed, Indicator name Proprietary platform revenue mix / Value At least 70% / Year on year against the same period last year Approximately 30% in FY2025, Indicator name Stock revenue / Value ¥77 million / Year on year against the same period last year Not disclosed, Indicator name Recurring-revenue accounts / Value 72 companies / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | Revenue contributions from the new Will-Fleet product are expected from the second half onward. Full-year recurring revenue is expected to be recorded in line with plan. Numerical assumptions: not disclosed. |
| Medium-term management plan targets | Target fiscal year FY2030 / Net Sales ¥3 billion / Operating profit ¥350 million / Operating profit margin 12% / Number of customers At least 300 companies / Proprietary platform revenue mix At least 70% |
| Financial targets | Operating profit ¥350 million (FY2030) / Operating profit margin 12% (FY2030) / ROE Not disclosed / ROIC Not disclosed / Debt-to-equity ratio Not disclosed / Equity ratio Not disclosed |
| New initiatives | Capital alliance with ゼンリン and strengthened collaboration, Capital and Business Alliance with 泉陽興業, Private placement of approximately ¥450 million, Strengthening and advancing the Will-Fleet sales structure, Development of proprietary platform products for transportation operators, Collaboration with KCS on digital transformation in local public transportation, Expansion of the OBD II-type digital tachograph Will-Fleet into logistics digital transformation |
Items this document does not state (16)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk 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.The improvement in operating profit/loss resulted from fixed-cost reductions, including lower outsourcing and depreciation expenses, including amortization of goodwill. The private placement and capital and business alliances are intended to accelerate the growth strategy aimed at achieving the medium-term management plan and strengthen the financial base.
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.