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Financial Results Presentation2471S-Pool,Inc.Information and Communications, Services and Others

Financial Results Briefing Materials for the Second Quarter of the Fiscal Year Ending November 2026

First-half revenue increased 1.5% year on year, while operating profit decreased by ¥157 million due in part to the reversal of the previous year's temporary carbon credit sales. However, both revenue and profit exceeded the initial plan, and the full-year forecast was left unchanged.

Worth reading
61In 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
157
Year-on-year decrease in operating profit (¥ million)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial Results PresentationSecond quarter of the fiscal year ending November 202613 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales12,681 Millions of yen+1.5%
Operating profit648 Millions of yen-19.6%
Net income¥283 million -30.9%interim profit attributable to owners of the parent
Gross Profit Margin36.6%
Operating profit margin5.1%
Selling, general and administrative expenses4,022 Millions of yen
Results for the three months of the current quarterOperating profit: ¥612 million (standalone second quarter)
Full-year earnings forecast
Revenue
26,844 Millions of yen
Operating profit
2,733 Millions of yen
Income before taxes
2,436 Millions of yen
Profit for the period attributable to owners of the parent
1,659 Millions of yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Both revenue and profit exceeded the initial plan. Operating profit came in significantly above the initial plan.
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Revenue
Disability employment support514
Wide-area local government BPO292
Other28
Human resources outsourcing (staffing)-488
Environmental management support-165
Operating profit
Disability employment support63
Wide-area local government BPO184
Human resources outsourcing (staffing)-87
Environmental management support-161
Corporate overhead-95
Other-61
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Full-year equipment sales for disability employment support1,350 sites
  • Third-quarter equipment sales250-300 sites
  • Fourth-quarter equipment sales340-390 sites
  • Fourth-quarter revenue from environmental management support¥1,151 million
New initiatives
  • Nationwide expansion of farms
  • Development of new work opportunities for people with disabilities, including IT and administrative work
  • Development of a new service supporting employment within companies
  • Entry into employment transition support services
  • Pilot sale of vegetables through e-commerce (Tabechoku)
  • Development of employment management tools, including a daily work report management system
  • Development of AI-enabled resident support services
  • Development of a remote roll-call and operations management system for local-government ridesharing services
  • Development of a system to automate consulting operations
  • Opening of a new center, the 23rd location, in Tsushima City, Nagasaki Prefecture
  • Completion of the health checkup administration outsourcing service during the current fiscal year
Key KPIsA metric the company considers important as a management benchmark.
  • Disability employment support customers750 companies
    Year on year against the same period last yearQoQ +16 companies
  • Managed sites for disability employment support10,477 sites
  • Employees working through disability employment support5,239 People
  • Retention rate92 %
  • Lead generation1,000 approximately cases
  • Business meetings arranged1,300 approximately cases
  • Town hall meetings54 times
  • Participants540 approximately people
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Volume metrics such as equipment units sold, managed sites, employees working and average monthly operating staff are provided, but no price-volume breakdown was disclosed.
Segment results
  • Business Solutions business
    Revenue8,309 Millions of yen
    Revenue_yoy_pct9.1
    Operating profit1,505 Millions of yen
    Operating profit_yoy_pct6
  • Human resources solutions business
    Revenue4,423 Millions of yen
    Revenue_yoy_pct-10
    Operating profit282 Millions of yen
    Operating profit_yoy_pct-23.6
Medium-term management plan targets
No change is expected in the profit target under the medium-term management plan. Specific target figures and target year were not disclosed.
Orders received and order backlog
Order intake and order backlog amounts were not disclosed. Approximately 10 orders were received, mainly for disability employment support.
Number of stores and locations
102 locations in total (as of the end of June 2026), including 62 farms and 23 BPO centers. Opened 3 farms in the first half. In e-commerce fulfillment, the Shinagawa center was closed and consolidated into the Nagareyama center.
Number of employees
1,314 consolidated employees (as of the end of May 2026)
Annual Dividend
Annual¥10 per share
End of period¥10 per share
Payout ratio
Consolidated payout ratio: 47.2%. The dividend policy calls for a consolidated payout ratio of at least 30%.
Contents of this document
ItemDetails
Document typeFinancial Results Presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending November 2026
Net Sales12,681 Millions of yen (YoY +1.5%)
Operating profit648 Millions of yen (YoY -19.6%)
Net income¥283 million (interim profit attributable to owners of the parent) (YoY -30.9%)
Gross Profit Margin36.6%
Operating profit margin5.1%
Selling, general and administrative expenses4,022 Millions of yen
Results for the three months of the current quarterOperating profit: ¥612 million (standalone second quarter)
Full-year earnings forecastRevenue 26,844 Millions of yen / Operating profit 2,733 Millions of yen / Income before taxes 2,436 Millions of yen / Profit for the period attributable to owners of the parent 1,659 Millions of yen
Self-assessment against the planBoth revenue and profit exceeded the initial plan. Operating profit came in significantly above the initial plan.
Segment resultsSegment Business Solutions business / Revenue 8,309 Millions of yen / Revenue_yoy_pct 9.1 / Operating profit 1,505 Millions of yen / Operating profit_yoy_pct 6, Segment Human resources solutions business / Revenue 4,423 Millions of yen / Revenue_yoy_pct -10 / Operating profit 282 Millions of yen / Operating profit_yoy_pct -23.6
Breakdown of Factors Affecting the ChangeRevenue Disability employment support 514 / Wide-area local government BPO 292 / Other 28 / Human resources outsourcing (staffing) -488 / Environmental management support -165 / Operating profit Disability employment support 63 / Wide-area local government BPO 184 / Human resources outsourcing (staffing) -87 / Environmental management support -161 / Corporate overhead -95 / Other -61
Key KPIsIndicator Disability employment support customers / Value 750 companies / Year on year against the same period last year QoQ +16 companies, Indicator Managed sites for disability employment support / Value 10,477 sites, Indicator Employees working through disability employment support / Value 5,239 People, Indicator Retention rate / Value 92 %, Indicator Lead generation / Value 1,000 approximately (cases), Indicator Business meetings arranged / Value 1,300 approximately (cases), Indicator Town hall meetings / Value 54 times, Indicator Participants / Value 540 approximately (people)
Unit price and quantity metricsVolume metrics such as equipment units sold, managed sites, employees working and average monthly operating staff are provided, but no price-volume breakdown was disclosed.
Number of stores and locations102 locations in total (as of the end of June 2026), including 62 farms and 23 BPO centers. Opened 3 farms in the first half. In e-commerce fulfillment, the Shinagawa center was closed and consolidated into the Nagareyama center.
Number of employees1,314 consolidated employees (as of the end of May 2026)
Assumptions Underlying the Business OutlookItem Full-year equipment sales for disability employment support / Value 1,350 sites, Item Third-quarter equipment sales / Value 250-300 sites, Item Fourth-quarter equipment sales / Value 340-390 sites, Item Fourth-quarter revenue from environmental management support / Value ¥1,151 million
Medium-term management plan targetsNo change is expected in the profit target under the medium-term management plan. Specific target figures and target year were not disclosed.
Annual DividendAnnual ¥10 per share / Interim Not disclosed / End of period ¥10 per share
Payout ratioConsolidated payout ratio: 47.2%. The dividend policy calls for a consolidated payout ratio of at least 30%.
Orders received and order backlogOrder intake and order backlog amounts were not disclosed. Approximately 10 orders were received, mainly for disability employment support.
New initiativesNationwide expansion of farms, Development of new work opportunities for people with disabilities, including IT and administrative work, Development of a new service supporting employment within companies, Entry into employment transition support services, Pilot sale of vegetables through e-commerce (Tabechoku), Development of employment management tools, including a daily work report management system, Development of AI-enabled resident support services, Development of a remote roll-call and operations management system for local-government ridesharing services, Development of a system to automate consulting operations, Opening of a new center, the 23rd location, in Tsushima City, Nagasaki Prefecture, Completion of the health checkup administration outsourcing service during the current fiscal year
Items this document does not state (8)
Ordinary incomeProgress against full-year forecastRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesCapital expendituresMarket 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.

Higher revenue and profit in the disability employment support service and wide-area local government BPO service offset the decline in revenue from the human resources outsourcing service. Operating profit nevertheless decreased due to the reversal of temporary revenue growth in the previous year, including carbon credit sales in the environmental management support service.

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Financial Results Briefing Materials for the Second Quarter of the Fiscal Year Ending November 2026 | S-Pool,Inc. (2471) timely disclosure | Komori