Worth reading
82Important
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
11.1
Operating income vs. forecast (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFull fiscal year ending June 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥8,317,996 thousand+185.0%
Operating profit¥222,408 thousand+12.7%
Ordinary income¥215,503 thousand+8.6%
Net income¥308,811 thousand+92.8%
Gross Profit Margin23.0%
Operating profit margin2.7%
Selling, general and administrative expenses¥1,689,605 thousand
Results for the three months of the current quarter
Mogekcheck business revenue
¥355,105 thousand
INVASE business revenue
¥2,198,671 thousand
Full-year earnings forecast
Fiscal year ending June 2026
Net Sales
¥8,092,247 thousand
Operating profit
¥200,148 thousand
Ordinary income
¥191,270 thousand
Net income for the current fiscal year
¥150,987 thousand
Fiscal year ending June 2027
Net Sales
¥10,241,392 thousand
Operating profit
¥371,369 thousand
Ordinary income
¥369,834 thousand
Net income for the current fiscal year
¥368,354 thousand
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 Sales102.8%
Operating profit111.1%
Ordinary income112.7%
Net income for the current fiscal year204.5%
Mogekcheck business revenue102.2%
INVASE business revenue102.9%
INVASE business revenue excluding gross-up revenue100.0%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Budget achieved for the full year. The INVASE business, however, fell short of its full-year budgetAssumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Banks’ restraint in advertising expenses in light of the policy rate environment
- Seasonality, including the Bon and year-end periods
- Revenue contribution from the peak season
- Time required to strengthen the organization following the recruitment of sales staff for INVASE
New initiatives
- New monetization through collaboration with CAPS
- New real estate transactions leveraging a data analytics platform built with CAPS
- Accelerating the transformation of Mogekcheck into an AI agent
- AI-driven digital transformation of INVASE sales activities
- Integration of the INVASE functions of MFS and コンドミニアム社
- Expansion of INVASE’s proprietary financing services
Key KPIsA metric the company considers important as a management benchmark.
- Number of underwriting applications13,279 EngagementsYear on year against the same period last year-10.9%
- Customer acquisition cost per underwriting application (CPA)¥5,617Year on year against the same period last year-56.4%
- ROAS476 %Year on year against the same period last year+265%
- Cumulative member registrationsUp 121,000 year on year
- Cumulative INVASE membersUp 7,000 year on year
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Mortgage Check (Mogecheck)
Number of underwriting applications
13,279 Engagements
Year on year against the same period last year-10.9%
Revenue per underwriting application
¥26,742
CPA
¥5,617
Year on year against the same period last year-56.4%
INVASE
Number of voucher registrationsDeclining trend
Number of contractsRecovering trend
Segment results
Mojicheck business
Net Sales
¥1,251,858 thousand-36.8%
Operating profit
¥164,067 thousand
INVASE business
Net Sales
¥7,066,137 thousand+654.5%
Operating profit
¥58,340 thousand
Number of employees
80 people
Change during the periodHiring continued from the previous fiscal year
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Full fiscal year ending June 2026 |
| Net Sales | ¥8,317,996 thousand (YoY +185.0%) |
| Operating profit | ¥222,408 thousand (YoY +12.7%) |
| Ordinary income | ¥215,503 thousand (YoY +8.6%) |
| Net income | ¥308,811 thousand (YoY +92.8%) |
| Gross Profit Margin | 23.0% |
| Operating profit margin | 2.7% |
| Selling, general and administrative expenses | ¥1,689,605 thousand |
| Results for the three months of the current quarter | Mogekcheck business revenue ¥355,105 thousand / INVASE business revenue ¥2,198,671 thousand |
| Full-year earnings forecast | Fiscal year ending June 2026 Net Sales ¥8,092,247 thousand / Operating profit ¥200,148 thousand / Ordinary income ¥191,270 thousand / Net income for the current fiscal year ¥150,987 thousand / Fiscal year ending June 2027 Net Sales ¥10,241,392 thousand / Operating profit ¥371,369 thousand / Ordinary income ¥369,834 thousand / Net income for the current fiscal year ¥368,354 thousand |
| Progress against full-year forecast | Net Sales 102.8% / Operating profit 111.1% / Ordinary income 112.7% / Net income for the current fiscal year 204.5% / Mogekcheck business revenue 102.2% / INVASE business revenue 102.9% / INVASE business revenue excluding gross-up revenue 100.0% |
| Self-assessment against the plan | Budget achieved for the full year. The INVASE business, however, fell short of its full-year budget |
| Segment results | Mojicheck business Net Sales ¥1,251,858 thousand (YoY -36.8%) / Operating profit ¥164,067 thousand / INVASE business Net Sales ¥7,066,137 thousand (YoY +654.5%) / Operating profit ¥58,340 thousand |
| Key KPIs | Indicator name Number of underwriting applications / Value 13,279 Engagements / Year on year against the same period last year -10.9%, Indicator name Customer acquisition cost per underwriting application (CPA) / Value ¥5,617 / Year on year against the same period last year -56.4%, Indicator name ROAS / Value 476 % / Year on year against the same period last year +265%, Indicator name Cumulative member registrations / Value Up 121,000 year on year, Indicator name Cumulative INVASE members / Value Up 7,000 year on year |
| Unit price and quantity metrics | Mortgage Check (Mogecheck) Number of underwriting applications 13,279 Engagements / Revenue per underwriting application ¥26,742 / CPA ¥5,617 / INVASE Number of voucher registrations Declining trend / Number of contracts Recovering trend |
| Number of employees | Value 80 people / Change during the period Hiring continued from the previous fiscal year |
| Assumptions Underlying the Business Outlook | Banks’ restraint in advertising expenses in light of the policy rate environment, Seasonality, including the Bon and year-end periods, Revenue contribution from the peak season, Time required to strengthen the organization following the recruitment of sales staff for INVASE |
| New initiatives | New monetization through collaboration with CAPS, New real estate transactions leveraging a data analytics platform built with CAPS, Accelerating the transformation of Mogekcheck into an AI agent, AI-driven digital transformation of INVASE sales activities, Integration of the INVASE functions of MFS and コンドミニアム社, Expansion of INVASE’s proprietary financing services |
Items this document does not state (12)
Breakdown of Factors Affecting the ChangeNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial 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.In the Mogekcheck business, profitability improved as the impact of changes to monetization points subsided, advertising expenses were allocated more efficiently, and the ongoing effects of SEO continued. In the INVASE business, the transaction model gained traction and became profitable, but full-year performance fell below budget due to changes in loan underwriting criteria and some transactions being pushed into the following fiscal year. For the fiscal year ending June 2027, the company will pursue efficient marketing, AI-driven digital transformation of sales activities, expansion of its proprietary financing services, and new services leveraging CAPS.
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.