Results for this period
Full year1 March 2025–28 February 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Increased workload involved in transferring responsibility for client companies following the transition to a solution-based organizational structure, slower acquisition of contracts from new customers and customers with whom the Company had done business in the past, upfront investment in Spot Baitoru, expansion of the head office in connection with the organizational change, and investment including the hiring of new graduates in 2025.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 March 2025–28 February 2026 |
| Net Sales | ¥54,852 million (YoY -2.7%) |
| Operating profit | ¥9,112 million (YoY -32.0%) |
| Ordinary income | ¥8,990 million (YoY -32.2%) |
| Profit attributable to owners of the parent | ¥5,956 million (YoY -33.5%) |
| Net income per share | ¥113.81 |
| Operating Margin | 16.6% |
| Equity ratio | End of the current fiscal period 73.7% / End of previous period 71.0% |
| Total assets | ¥49,954 million |
| Net assets | ¥37,193 million |
| Cash flows from operating activities | ¥9,965 million |
| Cash flows from investing activities | ¥-11,076 million |
| Cash flows from financing activities | ¥-5,020 million |
| Cash and cash equivalents at end of period | ¥9,039 million |
| Full-year earnings forecast | Net Sales 53,500～57,600 / Operating profit 5,000～10,000 / Ordinary income 4,900～9,900 / Net income 2,900～6,400 |
| Annual Dividend Forecast | ¥95 → ¥97 |
| Payout ratio | 83.5% |
| Shareholder Return Policy | As a general rule, the dividend for the previous fiscal year is the minimum, with a target payout ratio of 50% |
| Segment revenue | Human Resources Services ¥48,239 million (YoY -2.9%), DX Business ¥6,613 million (YoY -1.6%) |
| Segment profit | Human Resources Services ¥15,208 million (YoY -17.3%), DX Business ¥3,710 million (YoY +9.4%) |
| Depreciation and amortization | ¥4,189 million |
| Impairment loss | ¥16.318 million (Minato-ku, Tokyo; shared assets; software, etc.) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥183,137 thousand, Gain on reversal of subscription rights to shares ¥27,854 thousand / Extraordinary loss Impairment Losses ¥16,318 thousand, Impairment loss on investment securities ¥101,049 thousand |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies (no company names provided) / Excluded 0 companies (no company names provided) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 60,140,000 shares |
| Treasury Shares at Period-End | 7,776,545 shares |
| Factors Behind Changes in Business Performance | Increased workload involved in transferring responsibility for client companies following the transition to a solution-based organizational structure, slower acquisition of contracts from new customers and customers with whom the Company had done business in the past, upfront investment in Spot Baitoru, expansion of the head office in connection with the organizational change, and investment including the hiring of new graduates in 2025. |
Items this document does not state (4)
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 transition to a solution-based organizational structure increased the workload involved in transferring responsibility for client companies, slowing the acquisition of contracts from new customers and customers with whom the Company had done business in the past. The Company also made investments, including upfront investment in Spot Baitoru (a spot-work recruitment service), expansion of its head office in connection with the organizational change, and the hiring of new graduates in 2025. The forecast for the next fiscal year incorporates a hybrid strategy combining listing-based fees and CPC, the impact of the transition to the solution-based structure, and continued upfront investment in Spot Baitoru and other areas.