Worth reading
50Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
450
¥ millionWording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter of the fiscal year ending December 20265 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥328 million-9.1%
Operating profit¥-168 million
Ordinary income¥-170 million
Net income¥-173 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 Sales28.5%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing steadily toward achieving full-year operating profit of ¥50 millionAssumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Revenue recognition is weighted toward the second half. Full-scale deliveries of OBD II-type digital tachographs will begin from September onward. Revenue from large bus terminal projects will be recognized in the second half depending on the timing of contract execution.New initiatives
- Launch of sales of the Will-Fleet logistics DX service
- Start of development of a proprietary packaged system compliant with standardized specifications for bus operations
- Accelerate development of the proprietary platform through AI-driven development
- Capital alliance with ゼンリン and strengthened collaboration
- Capital and Business Alliance with 泉陽興業
Key KPIsA metric the company considers important as a management benchmark.
- Existing account count79 companies
- New account count15 companies
- Stock revenue¥146 million
- Recurring-revenue account count73 companies
Medium-term management plan targets
Target fiscal yearFiscal year ending December 2030
Net Sales
¥3,000 million
Operating profit
¥350 million
Operating profit margin12%
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending December 2026 |
| Net Sales | ¥328 million (YoY -9.1%) |
| Operating profit | ¥-168 million |
| Ordinary income | ¥-170 million |
| Net income | ¥-173 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 28.5% / Operating profit Not disclosed / Ordinary income Not disclosed / Net income for the current fiscal year Not disclosed |
| Self-assessment against the plan | Progressing steadily toward achieving full-year operating profit of ¥50 million |
| Key KPIs | Indicator name Existing account count / Value 79 companies / Year on year against the same period last year Not disclosed, Indicator name New account count / Value 15 companies / Year on year against the same period last year Not disclosed, Indicator name Stock revenue / Value ¥146 million / Year on year against the same period last year Not disclosed, Indicator name Recurring-revenue account count / Value 73 companies / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | Revenue recognition is weighted toward the second half. Full-scale deliveries of OBD II-type digital tachographs will begin from September onward. Revenue from large bus terminal projects will be recognized in the second half depending on the timing of contract execution. |
| Medium-term management plan targets | Target fiscal year Fiscal year ending December 2030 / Net Sales ¥3,000 million / Operating profit ¥350 million / Operating profit margin 12% |
| New initiatives | Launch of sales of the Will-Fleet logistics DX service, Start of development of a proprietary packaged system compliant with standardized specifications for bus operations, Accelerate development of the proprietary platform through AI-driven development, Capital alliance with ゼンリン and strengthened collaboration, Capital and Business Alliance with 泉陽興業 |
Items this document does not state (18)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk 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 decline in revenue was due to delays in receiving orders for large projects. Operating profit and loss remained at approximately the same level as in the year-earlier period due to fixed-cost reductions. The deterioration in ordinary profit and loss and net income was due to the reversal of the effect of subsidy income recorded in the year-earlier period. The full-year forecast remains unchanged because revenue recognition related to logistics DX and bus terminals is concentrated in the second half.
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.