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Presentation materials on financial results2489Adways Inc.Information and Communications, Services and Others

Results Briefing Materials for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026

In the second quarter of the fiscal year ending December 2026, gross transaction value and net sales exceeded the same period of the previous year. Together with lower selling, general and administrative expenses, this resulted in operating income, ordinary income and net income moving into the black. In response to the favorable business environment, the company revised its full-year earnings forecasts upward and announced an expansion of shareholder benefits and new advertising services.

Worth reading
78Important
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
900
¥ million (increase in operating income forecast)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials on financial resultsSecond quarter (interim period) of the fiscal year ending December 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥6,324 million+7.1%
Operating profit¥956 million
Ordinary income¥1,148 million+834.1%
Net income¥1,074 million
Selling, general and administrative expenses¥4,399 million
Operating profit margin3.3% (year-on-year comparison not provided because the previous year recorded an operating loss)
Results for the three months of the current quarterGross transaction value: ¥12,674 million; net sales: ¥3,042 million; gross profit: ¥2,563 million; selling, general and administrative expenses: ¥2,143 million; operating income: ¥419 million; ordinary income: ¥547 million; net income attributable to owners of the parent: ¥673 million
Full-year earnings forecast
Gross transaction value (reference figure)
¥50,000 million
Net Sales
¥11,800 million
Operating profit
¥1,500 million
Ordinary income
¥1,750 million
Profit attributable to owners of the parent
¥1,500 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。
Gross transaction value (reference figure)53.5%
Net Sales53.6%
Operating profit63.8%
Ordinary income65.6%
Profit attributable to owners of the parent71.6%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Agency Business¥-163 million
  • Ad Platform Business¥128 million
  • Other Businesses¥66 million
  • Adjustments¥-15 million
  • Personnel expenses¥25 million
  • Recruiting and training expenses¥3 million
  • Rent¥6 million
  • Depreciation¥11 million
  • Other SG&A expenses¥294 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The third and fourth quarters incorporate conservative assumptions in light of uncertainties in the market environment, while the numerical assumptions are Not disclosed
New initiatives
  • Expansion of the scope of shareholder benefits and introduction of Old Rookie Sauna booklets and VIP memberships, among other benefits
  • Expansion of the production scope of 1UP WORKS, a game-focused creative team, and commencement of standalone production contract services
  • Launch of MALOOK Recommendation, which uses AI to select manga titles
  • Launch of advertising support services for generative AI
  • Launch of YouTube advertising offerings through UNICORN
Key KPIsA metric the company considers important as a management benchmark.
  • Annual gross profit per employee¥11,581 thousand
    Year on year against the same period last year+20.7%
  • Number of customers
    Year on year against the same period last year▲22.1%
  • UNICORN annual gross profit per employee¥28,293 thousand
    Year on year against the same period last year▲1.4%
  • Entertainment category share of gross transaction value67 %
    Year on year against the same period last yearUp from 62% in the second quarter of the fiscal year ending December 2025
Segment results
  • Agency business (Japan)
    Transaction volume¥4,071 million
    Year on year against the same period last year+¥257 million (+6.7%)
  • Agency business (overseas)
    Transaction volume¥1,790 million
    Year on year against the same period last year-¥18 million (-1.0%)
  • Ad Platform Business
    Transaction volume¥6,143 million
    Year on year against the same period last year+¥521 million (+9.3%)
  • Agency business (Japan and overseas)
    Transaction volume¥6,067 million
    Gross profit¥1,083 million
    Operating profit¥256 million
    Year on year against the same period last yearGross transaction value -0.9%, gross profit -4.2%, operating income +207.3%
  • UNICORN
    Transaction volume¥2,092 million
    Gross profit¥821 million
    Operating profit¥322 million
    Year on year against the same period last yearGross transaction value +30.3%, gross profit +37.8%, operating income +200.0%
Financial targets
ROE
Actual results7.58 %
Target8 %
PBR
Actual results0.8 times
Target1 times
Annual Dividend
Annual¥12.06 per share
Breakdown
Regular dividend7.06
Commemorative dividend5
Contents of this document
ItemDetails
Document typePresentation materials on financial results
Fiscal Period CoveredSecond quarter (interim period) of the fiscal year ending December 2026
Net Sales¥6,324 million (YoY +7.1%)
Operating profit¥956 million
Ordinary income¥1,148 million (YoY +834.1%)
Net income¥1,074 million
Operating profit margin3.3% (year-on-year comparison not provided because the previous year recorded an operating loss)
Selling, general and administrative expenses¥4,399 million
Results for the three months of the current quarterGross transaction value: ¥12,674 million; net sales: ¥3,042 million; gross profit: ¥2,563 million; selling, general and administrative expenses: ¥2,143 million; operating income: ¥419 million; ordinary income: ¥547 million; net income attributable to owners of the parent: ¥673 million
Full-year earnings forecastGross transaction value (reference figure) ¥50,000 million / Net Sales ¥11,800 million / Operating profit ¥1,500 million / Ordinary income ¥1,750 million / Profit attributable to owners of the parent ¥1,500 million
Progress against full-year forecastGross transaction value (reference figure) 53.5% / Net Sales 53.6% / Operating profit 63.8% / Ordinary income 65.6% / Profit attributable to owners of the parent 71.6%
Segment resultsSegment Agency business (Japan) / Transaction volume ¥4,071 million / Year on year against the same period last year +¥257 million (+6.7%) / Profit Not disclosed, Segment Agency business (overseas) / Transaction volume ¥1,790 million / Year on year against the same period last year -¥18 million (-1.0%) / Profit Not disclosed, Segment Ad Platform Business / Transaction volume ¥6,143 million / Year on year against the same period last year +¥521 million (+9.3%) / Profit Not disclosed, Segment Agency business (Japan and overseas) / Transaction volume ¥6,067 million / Gross profit ¥1,083 million / Operating profit ¥256 million / Year on year against the same period last year Gross transaction value -0.9%, gross profit -4.2%, operating income +207.3%, Segment UNICORN / Transaction volume ¥2,092 million / Gross profit ¥821 million / Operating profit ¥322 million / Year on year against the same period last year Gross transaction value +30.3%, gross profit +37.8%, operating income +200.0%
Breakdown of Factors Affecting the ChangeFactors Agency Business / Amount ¥-163 million, Factors Ad Platform Business / Amount ¥128 million, Factors Other Businesses / Amount ¥66 million, Factors Adjustments / Amount ¥-15 million, Factors Personnel expenses / Amount ¥25 million, Factors Recruiting and training expenses / Amount ¥3 million, Factors Rent / Amount ¥6 million, Factors Depreciation / Amount ¥11 million, Factors Other SG&A expenses / Amount ¥294 million
Key KPIsIndicator name Annual gross profit per employee / Value ¥11,581 thousand / Year on year against the same period last year +20.7%, Indicator name Number of customers / Value Not disclosed / Year on year against the same period last year ▲22.1%, Indicator name UNICORN annual gross profit per employee / Value ¥28,293 thousand / Year on year against the same period last year ▲1.4%, Indicator name Entertainment category share of gross transaction value / Value 67 % / Year on year against the same period last year Up from 62% in the second quarter of the fiscal year ending December 2025
Assumptions Underlying the Business OutlookThe third and fourth quarters incorporate conservative assumptions in light of uncertainties in the market environment, while the numerical assumptions are Not disclosed
Financial targetsROE Actual results 7.58 % / Target 8 % / PBR Actual results 0.8 times / Target 1 times
Annual DividendAnnual ¥12.06 per share / Breakdown Regular dividend 7.06 / Commemorative dividend 5
New initiativesExpansion of the scope of shareholder benefits and introduction of Old Rookie Sauna booklets and VIP memberships, among other benefits, Expansion of the production scope of 1UP WORKS, a game-focused creative team, and commencement of standalone production contract services, Launch of MALOOK Recommendation, which uses AI to select manga titles, Launch of advertising support services for generative AI, Launch of YouTube advertising offerings through UNICORN
Items this document does not state (13)
Gross Profit MarginSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsPayout ratioAcquisition 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.

In the agency business, manga and gaming apps, and in the ad platform business, financial clients, significantly exceeded the previous forecasts. The company attributed the improvement in second-quarter profit to higher gross profit, control of selling, general and administrative expenses, the impact of the transfer of shares in a Chinese subsidiary, and improved productivity, among other factors.

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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Results Briefing Materials for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 | Adways Inc. (2489) timely disclosure | Komori