Worth reading
64In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
256
¥ millions (year-on-year change in operating income)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFiscal year ending March 202612 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥7,531 million-1.9%
Operating profit¥674 million+61.2%
Ordinary income¥680 million+63.3%
Net income¥473 million+32.0%
Gross Profit Margin35.9%
Operating profit margin9.0%
Selling, general and administrative expensesQuarterly results: Q1 496, Q2 511, Q3 529, Q4 491
Results for the three months of the current quarterFourth quarter of the fiscal year ending March 2026: gross profit ¥638 million, operating income ¥108 million, SG&A expenses ¥491 million
Full-year earnings forecast
Net Sales
¥8,000 million
Operating profit
¥800 million
Ordinary income
¥800 million
Net income
¥520 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Results came in below the revised earnings forecast announced on 17 October 2025Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Internet advertising revenue+¥476 million
- Insert advertising revenue-¥524 million
- Promotional materials revenue-¥100 million
- Media revenue-¥27 million
- Creative services revenue-¥61 million
- Other net sales+¥50 million
- Real-estate business revenue+¥42 million
- Real estate business segment income+¥27 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Numerical assumptions for exchange rates, raw material prices, interest rates and other factors: not disclosed. The forecast assumes growth in internet advertising, steady demand for services, appropriate pricing of products and services, and diversification of the customer base.New initiatives
- Launch of new services using generative AI tools
- Strengthen sales in high-value-added areas, including design-generation AI tools
- Strengthen expansion into the franchise industry
- Consider and implement capital and business alliances and M&A in new sectors and other areas
Key KPIsA metric the company considers important as a management benchmark.
- Advertising business total transaction volume¥7,930 millionYear on year against the same period last year-3.9%
- Total transaction volume in the pachinko hall advertising sector¥4,269 millionYear on year against the same period last year-6.8%
- Total transaction volume in advertising sectors other than pachinko halls¥3,661 millionYear on year against the same period last year-0.4%
- Advertising business employees208 peopleYear on year against the same period last year+1 person
Segment results
Advertising Business
Net Sales
¥7,431 million-2.5%
Segment profit
¥907 million+30.6%
Real Estate Business
Net Sales
¥99 million+75.7%
Segment profit
¥47 million+140.3%
Other
Net Sales¥0 million
Segment profit¥0 million
Financial targets
Dividends are set with the higher of the amount calculated using a 6% DOE or a 50% payout ratio serving as a general benchmarkNumber of employees
Number of EmployeesAdvertising business total: 208 people (sales and administration 156, creative 52)
Change during the period+1 person year on year
Capital expenditures
55 Millions of yen purchases of tangible and intangible fixed assets
Annual Dividend
Fiscal year ending March 2026
Annual¥24 per share
Interim¥12 per share
End of period¥12 per share
Fiscal year ending March 2027: plan
Annual¥25 per share
Interim¥12 per share
Payout ratio
Fiscal year ending March 202656.8%
Fiscal year ending March 2027: plan52.9%
DOE
Fiscal year ending March 20266.9%
Fiscal year ending March 2027: planApproximately 6.4% (forecast)
Acquisition of treasury shares
Fiscal year ending March 2026
¥526 million
Number of Shares1,300,000
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | ¥7,531 million (YoY -1.9%) |
| Operating profit | ¥674 million (YoY +61.2%) |
| Ordinary income | ¥680 million (YoY +63.3%) |
| Net income | ¥473 million (YoY +32.0%) |
| Gross Profit Margin | 35.9% |
| Operating profit margin | 9.0% |
| Selling, general and administrative expenses | Quarterly results: Q1 496, Q2 511, Q3 529, Q4 491 |
| Results for the three months of the current quarter | Fourth quarter of the fiscal year ending March 2026: gross profit ¥638 million, operating income ¥108 million, SG&A expenses ¥491 million |
| Full-year earnings forecast | Net Sales ¥8,000 million / Operating profit ¥800 million / Ordinary income ¥800 million / Net income ¥520 million |
| Self-assessment against the plan | Results came in below the revised earnings forecast announced on 17 October 2025 |
| Segment results | Advertising Business Net Sales ¥7,431 million (YoY -2.5%) / Segment profit ¥907 million (YoY +30.6%) / Real Estate Business Net Sales ¥99 million (YoY +75.7%) / Segment profit ¥47 million (YoY +140.3%) / Other Net Sales ¥0 million / Segment profit ¥0 million |
| Breakdown of Factors Affecting the Change | Factors Internet advertising revenue / Amount +¥476 million, Factors Insert advertising revenue / Amount -¥524 million, Factors Promotional materials revenue / Amount -¥100 million, Factors Media revenue / Amount -¥27 million, Factors Creative services revenue / Amount -¥61 million, Factors Other net sales / Amount +¥50 million, Factors Real-estate business revenue / Amount +¥42 million, Factors Real estate business segment income / Amount +¥27 million |
| Key KPIs | Indicator name Advertising business total transaction volume / Value ¥7,930 million / Year on year against the same period last year ¥-3.9 million, Indicator name Total transaction volume in the pachinko hall advertising sector / Value ¥4,269 million / Year on year against the same period last year ¥-6.8 million, Indicator name Total transaction volume in advertising sectors other than pachinko halls / Value ¥3,661 million / Year on year against the same period last year ¥-0.4 million, Indicator name Advertising business employees / Value 208 people / Year on year against the same period last year +1 person |
| Number of employees | Number of Employees Advertising business total: 208 people (sales and administration 156, creative 52) / Change during the period +1 person year on year |
| Assumptions Underlying the Business Outlook | Numerical assumptions for exchange rates, raw material prices, interest rates and other factors: not disclosed. The forecast assumes growth in internet advertising, steady demand for services, appropriate pricing of products and services, and diversification of the customer base. |
| Financial targets | Dividends are set with the higher of the amount calculated using a 6% DOE or a 50% payout ratio serving as a general benchmark |
| Annual Dividend | Fiscal year ending March 2026 Annual ¥24 per share / Interim ¥12 per share / End of period ¥12 per share / Fiscal year ending March 2027: plan Annual ¥25 per share / Interim ¥12 per share / End of period Not disclosed |
| Payout ratio | Fiscal year ending March 2026 56.8% / Fiscal year ending March 2027: plan 52.9% / DOE Fiscal year ending March 2026 6.9% / Fiscal year ending March 2027: plan Approximately 6.4% (forecast) |
| Acquisition of treasury shares | Fiscal year ending March 2026 Amount ¥526 million / Number of Shares ¥1,300,000 million / Period Not disclosed |
| Capital expenditures | 55 Millions of yen (purchases of tangible and intangible fixed assets) |
| New initiatives | Launch of new services using generative AI tools, Strengthen sales in high-value-added areas, including design-generation AI tools, Strengthen expansion into the franchise industry, Consider and implement capital and business alliances and M&A in new sectors and other areas |
Items this document does not state (8)
Progress against full-year forecastUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsOrders 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.Although print advertising declined, transaction volume in the higher-margin internet advertising business increased, and margins in the pachinko advertising sector improved. The shortfall against the earnings forecast was attributed to an acceleration in the decline in print advertising from the third quarter onward.
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.