Worth reading
70In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
85
¥ million (year-on-year increase in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending December 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥203 million+72.0%
Operating profit¥-74 million
Ordinary income¥2 million
Net income¥2 million
Selling, general and administrative expenses¥218 million
Results for the three months of the current quarter
Net Sales¥203 million
Gross profit¥144 million
Selling, general and administrative expenses¥218 million
Operating profit-¥74 million
Ordinary income¥2 million
Net income for the current fiscal year¥2 million
Full-year earnings forecast
Net Sales
¥845 million
Operating profit
¥-395 million
Ordinary income
¥-350 million
Net income for the current fiscal year
¥-351 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。
Net Sales24%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
A strong start, with results exceeding the first-quarter planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Share of Profit of Investments Accounted for Using the Equity MethodApproximately ¥73 million
- Increase in selling, general and administrative expensesApproximately ¥48 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Uncertainty over the outlook for international affairs and the business characteristic of revenue being concentrated in the first and fourth quarters. Numerical assumptions: not disclosedNew initiatives
- Adding multi-manufacturer EcoCute control functionality to BridgeLAB DR
- Expanding the number of BridgeLAB DR contracts acquired through performance-based pricing
- Upselling BridgeLAB NILM Lite, BridgeLAB Profiling, and energy management assessment services for corporate customers
- Accelerating the development of services and systems for next-generation smart meters
- Expanding household energy management services and assisted living services originating in the United Kingdom
Key KPIsA metric the company considers important as a management benchmark.
- ARR¥357 million
Segment results
- FieldOther regions2025 Q1¥40,964 thousand2026 1Q¥117,500 thousand
- FieldPlatform and application provision2025 Q1¥76,515 thousand2026 1Q¥85,503 thousand
- FieldUpfront2025 Q1¥840 thousand2026 1Q¥474 thousand
Medium-term management plan targets
FY2027.12
Net Sales
¥1,493 million
Ordinary income
¥205 million
FY2028 December
Net Sales
¥2,551 million
Ordinary income
¥877 million
FY2030
Net Sales
¥6,512 million
Ordinary income
¥315 million
Market Size / Share
- Total number of households in JapanApproximately 60.78 million households
- Projected installations of next-generation smart meters within the Tokyo Electric Power Grid service area through 203129 million units
- Annual shipments of EcoCute heat-pump water heatersApproximately 600,000 units
- Annual shipments of residential storage batteriesApproximately 150,000 units
Gross profit
¥144 million+265.8%
Gross Profit Margin
70 %
Year-on-year change (points)Improved from approximately 33% to approximately 70%
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥203 million (YoY +72.0%) |
| Operating profit | ¥-74 million |
| Ordinary income | ¥2 million |
| Net income | ¥2 million |
| Gross profit | ¥144 million (YoY +265.8%) |
| Selling, general and administrative expenses | ¥218 million |
| Results for the three months of the current quarter | Net Sales ¥203 million / Gross profit ¥144 million / Selling, general and administrative expenses ¥218 million / Operating profit -¥74 million / Ordinary income ¥2 million / Net income for the current fiscal year ¥2 million |
| Full-year earnings forecast | Net Sales ¥845 million / Operating profit ¥-395 million / Ordinary income ¥-350 million / Net income for the current fiscal year ¥-351 million |
| Progress against full-year forecast | Net Sales 24% |
| Self-assessment against the plan | A strong start, with results exceeding the first-quarter plan |
| Segment results | Field Other regions / 2025 Q1 ¥40,964 thousand / 2026 1Q ¥117,500 thousand / Year on year against the same period last year Not disclosed, Field Platform and application provision / 2025 Q1 ¥76,515 thousand / 2026 1Q ¥85,503 thousand / Year on year against the same period last year Not disclosed, Field Upfront / 2025 Q1 ¥840 thousand / 2026 1Q ¥474 thousand / Year on year against the same period last year Not disclosed |
| Breakdown of Factors Affecting the Change | Factors Share of Profit of Investments Accounted for Using the Equity Method / Amount Approximately ¥73 million, Factors Increase in selling, general and administrative expenses / Amount Approximately ¥48 million |
| Key KPIs | Indicator name ARR / Value ¥357 million / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | Uncertainty over the outlook for international affairs and the business characteristic of revenue being concentrated in the first and fourth quarters. Numerical assumptions: not disclosed |
| Medium-term management plan targets | FY2027.12 Net Sales ¥1,493 million / Ordinary income ¥205 million / FY2028 December Net Sales ¥2,551 million / Ordinary income ¥877 million / FY2030 Net Sales ¥6,512 million / Ordinary income ¥315 million |
| Market Size / Share | Approximately 60.78 million households, 29 million units, Approximately 600,000 units, Approximately 150,000 units |
| New initiatives | Adding multi-manufacturer EcoCute control functionality to BridgeLAB DR, Expanding the number of BridgeLAB DR contracts acquired through performance-based pricing, Upselling BridgeLAB NILM Lite, BridgeLAB Profiling, and energy management assessment services for corporate customers, Accelerating the development of services and systems for next-generation smart meters, Expanding household energy management services and assisted living services originating in the United Kingdom |
Items this document does not state (12)
Operating profit marginUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey 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 reasons given were improvements in revenue and gross profit, normalization of the gross profit margin as the impact of low-margin projects ordered in the same period of the previous year subsided, and approximately ¥73 million in income from equity-method investments, reflecting solid performance in sales and contract development for residential equipment at Energy Gateway, an equity-method affiliate. Selling, general and administrative expenses increased by approximately ¥48 million, mainly due to depreciation of software development costs and research and development expenses.
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.