Worth reading
57In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
88
¥ million (year-on-year increase in net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFiscal year ending May 202613 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales1,734 million yen+5.3%
Operating profit655 million yen+14.1%
Ordinary income672 million yen+15.0%
Net income471 million yen+12.6%
Gross Profit Margin69.2 %
Operating profit margin37.8 %
Selling, general and administrative expenses545 million yen
Results for the three months of the current quarter
Fiscal year ending May 2026Cloud usage fees were ¥218 million in Q1, ¥222 million in Q2, ¥230 million in Q3 and ¥236 million in Q4. SI maintenance was ¥18 million in Q1, ¥18 million in Q2, ¥18 million in Q3 and ¥20 million in Q4. Other maintenance was ¥9 million in Q1, ¥9 million in Q2, ¥10 million in Q3 and ¥9 million in Q4. Quarterly figures by item for flow-based revenue are also provided.
Full-year earnings forecast
Fiscal year ending May 2027
Net Sales
1,800 million yen
Gross profit
1,248 million yen
Selling, General and Administrative Expenses
578 million yen
Operating profit
670 million yen
Ordinary income
687 million yen
Net income for the current fiscal year
485 million yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Higher cloud usage fees, orders for higher-margin projects, orders for initial cloud implementation, the impact of the reversal of large initial SI projects, and higher orders for other initial projects. Amounts attributable to individual factors: not disclosed
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Higher cloud usage fees, orders for contract development, and the future course of rising prices, among other factors. Numerical assumptions: not disclosedNew initiatives
- Launch of the RED fire department app
- Addition of an international call-blocking function to Digi Police
- Full-scale rollout of Live-X at Chubu Electric Power Grid
- Expansion of AI-powered cloud services
- Discussions toward making tiwaki a subsidiary
- Two-for-one stock split effective 1 June 2026
Key KPIsA metric the company considers important as a management benchmark.
- Live119 fire department population coverage rate57.7 %Year on year against the same period last yearUp 8.2 percentage points year on year (from 49.5%)
- NET119 fire department population coverage rateMore than 70%
- Cumulative number of DMaCS installations39 Engagements
- Digi Police downloads180 10,000 downloads
- Number of prefectural police forces using Digi Police21/47
- PBR2.7 timesYear on year against the same period last yearUp from 2.5 times
- ROE16.4 %Year on year against the same period last yearUp 0.4 percentage points year on year
Segment results
Only the location information services business. Revenue and profit breakdown by segment: not disclosedMedium-term management plan targets
Period CoveredFiscal years ending May 2026 to May 2028
Fiscal year ending May 2028
Net Sales
1,880 million yen
Operating profit¥670 million+
Ordinary income¥687 million+
Net income for the current fiscal year¥485 million+
UpdateThe net income target for the fiscal year ending May 2028 was updated from ¥477 million to ¥485 million+.
Financial targets
ROE
Actual results16.4 %
Equity ratio
Actual results89.4 %
Current ratio
Actual results692.7 %
Cost of shareholders’ equityApproximately 6%
Market Size / Share
Solutions market for local governments
FY2023Approximately ¥773.3 billion
FY2028 forecastApproximately ¥798.0 billion forecast
Domestic SaaS marketApproximately ¥2.9078 trillion
Digi PoliceUsed by 21 of 47 prefectural police forces
Number of stores and locations
Locations consist of the Kobe headquarters, Tokyo Technology Center and Osaka office. The number of locations opened or closed during the period: not disclosedNumber of employees
Number of Employees66 people
Change during the periodThe number of employees was broadly unchanged
Hiring planIncrease hiring of development engineers and other personnel, while strengthening graduate and mid-career recruitment
Annual Dividend
Fiscal year ending May 2026Annual dividend of ¥8.0 per share (on a post-stock-split basis; interim and year-end breakdown: not disclosed)
Payout ratio
Fiscal year ending May 202616 %
PolicyShareholder returns focused on progressive dividends and the total payout ratio
Acquisition of treasury shares
Fiscal year ending May 2026
Total acquisition cost199,814 thousand yen
Number of shares acquired73,700 thousand yen
Unit (shares)Shares
PeriodFiscal year ending May 2026
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Fiscal year ending May 2026 |
| Net Sales | 1,734 million yen (YoY +5.3%) |
| Operating profit | 655 million yen (YoY +14.1%) |
| Ordinary income | 672 million yen (YoY +15.0%) |
| Net income | 471 million yen (YoY +12.6%) |
| Gross Profit Margin | 69.2 % |
| Operating profit margin | 37.8 % |
| Selling, general and administrative expenses | 545 million yen |
| Results for the three months of the current quarter | Fiscal year ending May 2026 Cloud usage fees were ¥218 million in Q1, ¥222 million in Q2, ¥230 million in Q3 and ¥236 million in Q4. SI maintenance was ¥18 million in Q1, ¥18 million in Q2, ¥18 million in Q3 and ¥20 million in Q4. Other maintenance was ¥9 million in Q1, ¥9 million in Q2, ¥10 million in Q3 and ¥9 million in Q4. Quarterly figures by item for flow-based revenue are also provided. |
| Full-year earnings forecast | Fiscal year ending May 2027 Net Sales 1,800 million yen / Gross profit 1,248 million yen / Selling, General and Administrative Expenses 578 million yen / Operating profit 670 million yen / Ordinary income 687 million yen / Net income for the current fiscal year 485 million yen |
| Segment results | Only the location information services business. Revenue and profit breakdown by segment: not disclosed |
| Breakdown of Factors Affecting the Change | Higher cloud usage fees, orders for higher-margin projects, orders for initial cloud implementation, the impact of the reversal of large initial SI projects, and higher orders for other initial projects. Amounts attributable to individual factors: not disclosed |
| Key KPIs | Indicator name Live119 fire department population coverage rate / Value 57.7 % / Year on year against the same period last year Up 8.2 percentage points year on year (from 49.5%), Indicator name NET119 fire department population coverage rate / Value More than 70% / Year on year against the same period last year Not disclosed, Indicator name Cumulative number of DMaCS installations / Value 39 Engagements / Year on year against the same period last year Not disclosed, Indicator name Digi Police downloads / Value 180 10,000 downloads / Year on year against the same period last year Not disclosed, Indicator name Number of prefectural police forces using Digi Police / Value 21/47 / Year on year against the same period last year Not disclosed, Indicator name PBR / Value 2.7 times / Year on year against the same period last year Up from 2.5 times, Indicator name ROE / Value 16.4 % / Year on year against the same period last year Up 0.4 percentage points year on year |
| Number of stores and locations | Locations consist of the Kobe headquarters, Tokyo Technology Center and Osaka office. The number of locations opened or closed during the period: not disclosed |
| Number of employees | Number of Employees 66 people / Change during the period The number of employees was broadly unchanged / Hiring plan Increase hiring of development engineers and other personnel, while strengthening graduate and mid-career recruitment |
| Assumptions Underlying the Business Outlook | Higher cloud usage fees, orders for contract development, and the future course of rising prices, among other factors. Numerical assumptions: not disclosed |
| Medium-term management plan targets | Period Covered Fiscal years ending May 2026 to May 2028 / Fiscal year ending May 2028 Net Sales 1,880 million yen / Operating profit ¥670 million+ / Ordinary income ¥687 million+ / Net income for the current fiscal year ¥485 million+ / Update The net income target for the fiscal year ending May 2028 was updated from ¥477 million to ¥485 million+. |
| Financial targets | ROE Actual results 16.4 % / Equity ratio Actual results 89.4 % / Current ratio Actual results 692.7 % / Cost of shareholders’ equity Approximately 6% |
| Annual Dividend | Fiscal year ending May 2026 Annual dividend of ¥8.0 per share (on a post-stock-split basis; interim and year-end breakdown: not disclosed) |
| Payout ratio | Fiscal year ending May 2026 16 % / Policy Shareholder returns focused on progressive dividends and the total payout ratio |
| Acquisition of treasury shares | Fiscal year ending May 2026 Total acquisition cost 199,814 thousand yen / Number of shares acquired 73,700 thousand yen / Unit (shares) Shares / Period Fiscal year ending May 2026 |
| Market Size / Share | Solutions market for local governments FY2023 Approximately ¥773.3 billion / FY2028 forecast Approximately ¥798.0 billion forecast / Domestic SaaS market Approximately ¥2.9078 trillion / Digi Police Used by 21 of 47 prefectural police forces |
| New initiatives | Launch of the RED fire department app, Addition of an international call-blocking function to Digi Police, Full-scale rollout of Live-X at Chubu Electric Power Grid, Expansion of AI-powered cloud services, Discussions toward making tiwaki a subsidiary, Two-for-one stock split effective 1 June 2026 |
Items this document does not state (7)
Progress against full-year forecastSelf-assessment against the planUnit price and quantity metricsRisk amount incorporated into the outlookCapital expendituresOrders 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 company attributed the increase in performance to higher cloud usage fees, orders for higher-margin projects, the renewal of existing contracts, and the expanding adoption of new services and applications. For the fiscal year ending May 2027, the company primarily expects cloud usage fees to increase.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.