Worth reading
70In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
36.3
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsSecond quarter of the fiscal year ending December 20265 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥342 million+36.3%
Operating profit¥-169 million
Ordinary income¥-120 million
Net income¥-121 million
Gross Profit Margin68.5%
Selling, general and administrative expenses¥403 million
Full-year earnings forecast
Net Sales
¥845 million
Ordinary loss
¥-350 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 Sales40.4%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Cumulative second-quarter results exceeded the planNew initiatives
- Commencement of collaborations with The Kansai Electric Power Company,Incorporated and Kyushu Electric Power Company,Incorporated
- Raising ¥867 million through the 10th Stock Acquisition Rights
- Acceleration of investments in system development, personnel, and partner collaboration for electric power companies
- Commencement of consideration of business expansion into continental Europe, principally Germany, Italy, and France
Key KPIsA metric the company considers important as a management benchmark.
- ARR
- Number of collaboration partners among former general electric utilities5 companies
Medium-term management plan targets
Target fiscal yearFY2030
Net Sales
¥6,512 million
Ordinary income
¥315 million
Recurring revenue ratio81%
Market Size / Share
Forecast next-generation smart meter installations
2,900 10,000 meters in Tokyo Electric Power Company’s service area, through 2031
Total number of households in Japan
6,078 10,000 households
Annual shipments of EcoCute heat-pump water heaters
60 10,000 units
Annual shipments of residential storage batteries
15 10,000 units
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Second quarter of the fiscal year ending December 2026 |
| Net Sales | ¥342 million (YoY +36.3%) |
| Operating profit | ¥-169 million |
| Ordinary income | ¥-120 million |
| Net income | ¥-121 million |
| Gross Profit Margin | 68.5% |
| Selling, general and administrative expenses | ¥403 million |
| Full-year earnings forecast | Net Sales ¥845 million / Ordinary loss ¥-350 million |
| Progress against full-year forecast | Net Sales 40.4% |
| Self-assessment against the plan | Cumulative second-quarter results exceeded the plan |
| Key KPIs | Indicator name ARR / Value Not disclosed / Year on year against the same period last year Not disclosed, Indicator name Number of collaboration partners among former general electric utilities / Value 5 companies / Year on year against the same period last year Not disclosed |
| Medium-term management plan targets | Target fiscal year FY2030 / Net Sales ¥6,512 million / Ordinary income ¥315 million / Recurring revenue ratio 81% |
| Market Size / Share | Forecast next-generation smart meter installations 2,900 10,000 meters (in Tokyo Electric Power Company’s service area, through 2031) / Total number of households in Japan 6,078 10,000 households / Annual shipments of EcoCute heat-pump water heaters 60 10,000 units / Annual shipments of residential storage batteries 15 10,000 units |
| New initiatives | Commencement of collaborations with The Kansai Electric Power Company,Incorporated and Kyushu Electric Power Company,Incorporated, Raising ¥867 million through the 10th Stock Acquisition Rights, Acceleration of investments in system development, personnel, and partner collaboration for electric power companies, Commencement of consideration of business expansion into continental Europe, principally Germany, Italy, and France |
Items this document does not state (16)
Operating profit marginResults for the three months of the current quarterSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk 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 Company attributed the improvement in performance to solid orders for contracted development services related to power supply-demand balancing, an improved gross profit margin, and control of selling, general and administrative expenses. It is also accelerating collaborations and growth investments as demand among electric power companies for supply-demand balancing expands against a backdrop of surging energy costs and demand for AI and data centers.
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.