Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-216
Millions of yen (year-on-year change in revenue)Wording
Definitive
How definitive the wording is.Contents of this document
Earnings presentationFirst quarter of the fiscal year ending June 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,370 million-8.4%
Operating profit¥266 million-24.9%
Ordinary income¥295 million-19.8%
Net income¥224 million-11.8%
Selling, general and administrative expenses¥322 million
Gross Profit Margin
Rate24.8
Year-on-year change (points)1.2
Operating profit margin
Rate11.2
Year-on-year change (points)-2.5
Results for the three months of the current quarter
Net Sales
¥2,370 million
Operating profit
¥266 million
Ordinary income
¥295 million
Net income
¥224 million
Full-year earnings forecast
Net Sales
¥10,500 million
Operating profit
¥1,500 million
Ordinary income
¥1,700 million
Net income
¥1,150 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。
NotesThe materials state this as the progress rate against the FY27 second-quarter earnings forecast.
Net Sales48.4
Operating profit44.3
Ordinary income45.5
Net income49.9
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Year-on-year change in revenue¥-216 million
- Year-on-year change in E-Billing revenue¥-286 million
- Year-on-year change in remittance revenue¥31 million
- Year-on-year change in SaaS revenue¥34 million
- Increase in SG&A expenses for salaries, allowances and bonuses¥18 million
- Expenses related to temporary projects¥38 million
New initiatives
- Establishment of a net marketing team
- Renewal of the electronic seating chart app
- Launch of electronic QR train tickets and boarding passes for Keihan Holdings' shareholder benefit program
- Additional development to offer electronic money as an OEM service
- AI enhancement of electronic money services, expansion of connected banks and expansion of participating merchants
Key KPIsA metric the company considers important as a management benchmark.
- Total active accounts6,403 EngagementsYear on year against the same period last year-227.0%
- Remittance accounts438 EngagementsYear on year against the same period last year+36.0%
- SaaS accounts536 EngagementsYear on year against the same period last year+34.0%
- Number of routes using バスもり！ smartphone tickets210 Route
- Number of routes using バスもり！ smartphone commuter passes380 Route
- Number of ALTAIR ticket service products610 Product
Segment results
Billing
Net Sales¥247 million
YoY change¥-10 million
E-Billing
Net Sales¥1,754 million
YoY change¥-286 million
Remittances
Net Sales¥177 million
YoY change¥31 million
SaaS (payments and more)
Net Sales¥167 million
YoY change¥34 million
Other
Net Sales¥23 million
YoY change¥15 million
Medium-term management plan targets
Target fiscal yearFiscal year ending June 2030
Net Sales17,000
Revenue unit¥ million
Ordinary income3,000
Ordinary profit unit¥ million
Net income2,000
Net income unit¥ million
ROE15%
Financial targets
ROE15% (2030 plan)
Number of stores and locations
Number at period-endSales offices are located in Sapporo, Tokyo, Osaka and Fukuoka
Number of employees
Number of EmployeesApproximately 170 people
Annual Dividend
FY27 forecast
Annual¥30.5 per share
Interim¥12.5 per share
2030 plan
Annual¥53 per share
Payout ratio
Payout ratio50% or higher
DOEAnnual minimum of 5%; interim minimum of 2.5%
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending June 2027 |
| Net Sales | ¥2,370 million (YoY -8.4%) |
| Operating profit | ¥266 million (YoY -24.9%) |
| Ordinary income | ¥295 million (YoY -19.8%) |
| Net income | ¥224 million (YoY -11.8%) |
| Gross Profit Margin | Rate 24.8 / Year-on-year change (points) 1.2 |
| Operating profit margin | Rate 11.2 / Year-on-year change (points) -2.5 |
| Selling, general and administrative expenses | ¥322 million |
| Results for the three months of the current quarter | Net Sales ¥2,370 million / Operating profit ¥266 million / Ordinary income ¥295 million / Net income ¥224 million |
| Full-year earnings forecast | Net Sales ¥10,500 million / Operating profit ¥1,500 million / Ordinary income ¥1,700 million / Net income ¥1,150 million |
| Progress against full-year forecast | Notes The materials state this as the progress rate against the FY27 second-quarter earnings forecast. / Net Sales 48.4 / Operating profit 44.3 / Ordinary income 45.5 / Net income 49.9 |
| Segment results | Billing Net Sales ¥247 million / YoY change ¥-10 million / E-Billing Net Sales ¥1,754 million / YoY change ¥-286 million / Remittances Net Sales ¥177 million / YoY change ¥31 million / SaaS (payments and more) Net Sales ¥167 million / YoY change ¥34 million / Other Net Sales ¥23 million / YoY change ¥15 million |
| Breakdown of Factors Affecting the Change | Factors Year-on-year change in revenue / Amount ¥-216 million, Factors Year-on-year change in E-Billing revenue / Amount ¥-286 million, Factors Year-on-year change in remittance revenue / Amount ¥31 million, Factors Year-on-year change in SaaS revenue / Amount ¥34 million, Factors Increase in SG&A expenses for salaries, allowances and bonuses / Amount ¥18 million, Factors Expenses related to temporary projects / Amount ¥38 million |
| Key KPIs | Indicator name Total active accounts / Value 6,403 Engagements / Year on year against the same period last year -227 Engagements, Indicator name Remittance accounts / Value 438 Engagements / Year on year against the same period last year 36 Engagements, Indicator name SaaS accounts / Value 536 Engagements / Year on year against the same period last year 34 Engagements, Indicator name Number of routes using バスもり！ smartphone tickets / Value 210 Route / Year on year against the same period last year Not disclosed, Indicator name Number of routes using バスもり！ smartphone commuter passes / Value 380 Route / Year on year against the same period last year Not disclosed, Indicator name Number of ALTAIR ticket service products / Value 610 Product / Year on year against the same period last year Not disclosed |
| Number of stores and locations | Number at period-end Sales offices are located in Sapporo, Tokyo, Osaka and Fukuoka / Number of store openings and closures during the period Not disclosed |
| Number of employees | Number of Employees Approximately 170 people / Change during the period Not disclosed / Hiring plan Not disclosed |
| Medium-term management plan targets | Target fiscal year Fiscal year ending June 2030 / Net Sales 17,000 / Revenue unit ¥ million / Ordinary income 3,000 / Ordinary profit unit ¥ million / Net income 2,000 / Net income unit ¥ million / ROE 15% |
| Financial targets | ROE 15% (2030 plan) / Equity ratio Not disclosed / Debt-to-equity ratio Not disclosed / ROIC Not disclosed |
| Annual Dividend | FY27 forecast Annual ¥30.5 per share / Interim ¥12.5 per share / 2030 plan Annual ¥53 per share |
| Payout ratio | Payout ratio 50% or higher / DOE Annual minimum of 5%; interim minimum of 2.5% |
| New initiatives | Establishment of a net marketing team, Renewal of the electronic seating chart app, Launch of electronic QR train tickets and boarding passes for Keihan Holdings' shareholder benefit program, Additional development to offer electronic money as an OEM service, AI enhancement of electronic money services, expansion of connected banks and expansion of participating merchants |
Items this document does not state (9)
Self-assessment against the planUnit price and quantity metricsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition 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 main factors were the decline in transaction volume from large business operators, higher personnel expenses and increased SG&A expenses related to temporary projects. Transaction volume from customers other than large business operators increased, but could not fully offset the decline.
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.