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Financial results presentation2489Adways Inc.Information and Communications, Services and Others

Fiscal Year Ending December 2026 Third-Quarter Earnings Briefing Materials

For the nine months ended, revenue, operating income and ordinary income exceeded the year-earlier period, but the full-year forecast for net income attributable to owners of the parent was revised downward from ¥1,500 million to ¥900 million due to the recognition of an impairment loss of ¥759 million.

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Direction
Mixed performance
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Scale
600
¥ million
Wording
Conditional
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Contents of this document

Financial results presentationQ3 FY20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥9,322 million+5.1%
Operating profit¥1,352 million
Ordinary income¥1,623 million+619.6%
Net income¥694 million+612.1%
Selling, general and administrative expenses¥6,520 million
Operating profit margin3.4%, up 3.2 percentage points year on year (current quarter)
Results for the three months of the current quarter
Transaction volume
¥11,555 million
Net Sales
¥2,997 million
Gross profit
¥2,516 million
Selling, general and administrative expenses
¥2,120 million
Operating profit
¥395 million
Ordinary income
¥475 million
Quarterly profit attributable to owners of the parent
¥-379 million
Full-year earnings forecast
Transaction volume
¥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
¥900 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。
Transaction volume76.6%
Net Sales79.0%
Operating profit90.2%
Ordinary income92.8%
Profit attributable to owners of the parent77.2%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Transaction volume, revenue, operating income and ordinary income are progressing steadily against the earnings forecast
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Increase in gross profit+¥71 million
  • Transfer of shares in Chinese subsidiary-¥168 million
  • Agency Business+¥32 million
  • Ad Platform Business+¥253 million
  • Adjustments-¥27 million
  • Increase in profit due to lower selling, general and administrative expenses+¥296 million
  • Personnel expenses+¥28 million
  • Recruiting and training expenses+¥6 million
  • Rent+¥3 million
  • Depreciation and amortization+¥33 million
  • Other SG&A expenses+¥224 million
  • Impairment loss-¥759 million
  • Other and income taxes-¥95 million
New initiatives
  • Certification as a B2B2C partner of JD.com (京東集団)
  • Launch of an advertising delivery offering for YouTube through UNICORN
  • Expansion of culturalization methods for the overseas rollout of game advertising
  • Building products and solutions to maximize advertising effectiveness using AI and data
Key KPIsA metric the company considers important as a management benchmark.
  • Annual gross profit per employee¥12,332 thousand
    Year on year against the same period last yearUp 26.6%
  • Number of clients (domestic agencies)
    Year on year against the same period last yearDown 21.4%
  • UNICORN third-quarter operating income¥366 million
    Year on year against the same period last yearOperating income: up 191.3%
  • ROE5.05 %
  • PBR1.21 times
Segment results
  • Agency business (Japan)
    Transaction volume¥4,090 million
    Year on year against the same period last yearDown 17.7%
  • Agency business (overseas)
    Transaction volume¥1,968 million
    Year on year against the same period last yearUp 6.3%
  • Ad Platform Business
    Transaction volume¥4,907 million
    Year on year against the same period last yearUp 0.6% year on year
  • Agency business (Japan and overseas)
    Transaction volume¥6,245 million
    Operating profit¥341 million
    Year on year against the same period last year
    Transaction volume Transaction volume: down 14.5% / Operating profit Operating income: up 44.1%
  • UNICORN
    Transaction volume¥2,137 million
    Operating profit¥366 million
    Year on year against the same period last year
    Transaction volume Transaction volume: up 24.5% / Operating profit Operating income: up 191.3%
Financial targets
ROE
Actual results5.05 %
PBR
Actual results1.21 times
Target levelROE 8.00%, PBR 1.00x (an approximate benchmark for the minimum standard required by the Tokyo Stock Exchange for listed companies)
Annual Dividend
Annual dividend per share¥11.75
Breakdown
Regular dividend6.75
Commemorative dividend5
Payout ratio
DOE of 2% or higher as a guideline
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredQ3 FY2026
Net Sales¥9,322 million (YoY +5.1%)
Operating profit¥1,352 million
Ordinary income¥1,623 million (YoY +619.6%)
Net income¥694 million (YoY +612.1%)
Operating profit margin3.4%, up 3.2 percentage points year on year (current quarter)
Selling, general and administrative expenses¥6,520 million
Results for the three months of the current quarterTransaction volume ¥11,555 million / Net Sales ¥2,997 million / Gross profit ¥2,516 million / Selling, general and administrative expenses ¥2,120 million / Operating profit ¥395 million / Ordinary income ¥475 million / Quarterly profit attributable to owners of the parent ¥-379 million
Full-year earnings forecastTransaction volume ¥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 ¥900 million
Progress against full-year forecastTransaction volume 76.6% / Net Sales 79.0% / Operating profit 90.2% / Ordinary income 92.8% / Profit attributable to owners of the parent 77.2%
Self-assessment against the planTransaction volume, revenue, operating income and ordinary income are progressing steadily against the earnings forecast
Segment resultsSegment Agency business (Japan) / Transaction volume ¥4,090 million / Year on year against the same period last year Down 17.7%, Segment Agency business (overseas) / Transaction volume ¥1,968 million / Year on year against the same period last year Up 6.3%, Segment Ad Platform Business / Transaction volume ¥4,907 million / Year on year against the same period last year Up 0.6% year on year, Segment Agency business (Japan and overseas) / Transaction volume ¥6,245 million / Operating profit ¥341 million / Year on year against the same period last year Transaction volume Transaction volume: down 14.5% / Operating profit Operating income: up 44.1%, Segment UNICORN / Transaction volume ¥2,137 million / Operating profit ¥366 million / Year on year against the same period last year Transaction volume Transaction volume: up 24.5% / Operating profit Operating income: up 191.3%
Breakdown of Factors Affecting the ChangeFactors Increase in gross profit / Amount +¥71 million, Factors Transfer of shares in Chinese subsidiary / Amount -¥168 million, Factors Agency Business / Amount +¥32 million, Factors Ad Platform Business / Amount +¥253 million, Factors Adjustments / Amount -¥27 million, Factors Increase in profit due to lower selling, general and administrative expenses / Amount +¥296 million, Factors Personnel expenses / Amount +¥28 million, Factors Recruiting and training expenses / Amount +¥6 million, Factors Rent / Amount +¥3 million, Factors Depreciation and amortization / Amount +¥33 million, Factors Other SG&A expenses / Amount +¥224 million, Factors Impairment loss / Amount -¥759 million, Factors Other and income taxes / Amount -¥95 million
Key KPIsIndicator name Annual gross profit per employee / Value ¥12,332 thousand / Year on year against the same period last year Up 26.6%, Indicator name Number of clients (domestic agencies) / Value Not disclosed / Year on year against the same period last year Down 21.4%, Indicator name UNICORN third-quarter operating income / Value ¥366 million / Year on year against the same period last year Operating income: up 191.3%, Indicator name ROE / Value 5.05 % / Year on year against the same period last year Not disclosed, Indicator name PBR / Value 1.21 times / Year on year against the same period last year Not disclosed
Financial targetsROE Actual results 5.05 % / PBR Actual results 1.21 times / Target level ROE 8.00%, PBR 1.00x (an approximate benchmark for the minimum standard required by the Tokyo Stock Exchange for listed companies)
Annual DividendAnnual dividend per share ¥11.75 / Breakdown Regular dividend 6.75 / Commemorative dividend 5
Payout ratioDOE of 2% or higher as a guideline
New initiativesCertification as a B2B2C partner of JD.com (京東集団), Launch of an advertising delivery offering for YouTube through UNICORN, Expansion of culturalization methods for the overseas rollout of game advertising, Building products and solutions to maximize advertising effectiveness using AI and data
Items this document does not state (12)
Gross Profit MarginUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsAcquisition 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.

This was because an impairment loss of ¥759 million was recognized as an extraordinary loss after recoverability was assessed for the grid-scale battery business, AI marketing business and sauna business, among others, based on current business conditions and the progress of business plans.

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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Fiscal Year Ending December 2026 Third-Quarter Earnings Briefing Materials | Adways Inc. (2489) timely disclosure | Komori