Worth reading
57In focus
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
-142
¥ millions (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFirst quarter of the fiscal year ended March 20266 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥565 million-13.0%
Operating profit¥46 million-75.4%
Net income¥39 million-76.5%
Selling, general and administrative expenses¥373 million
Gross Profit Margin
Rate74.3
Year-on-year change (points)-4.6
Operating profit margin
Rate8.2
Year-on-year change (points)-20.9
Results for the three months of the current quarter
Net Sales
¥565 million
Operating profit
¥46 million
Quarterly net income
¥39 million
Full-year earnings forecast
Net Sales
¥3,077 million
Operating profit
¥448 million
Ordinary income
¥442 million
Net income for the current fiscal year
¥335 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- サブスク契約数減による粗利減¥-90 million
- バッグ販売個数減による粗利微減¥-2 million
- 人員数微減¥0 million
- 新規販路投下による広告宣伝費増¥-27 million
- トランザクション数減による荷造運賃減¥5 million
- ToCバッグ販売減少による販売手数料減¥3 million
- 上場に伴う株主総会関連費用増加等によるその他費用増¥-31 million
New initiatives
- 動画広告・YouTuberを活用した新規広告施策
- タクシー広告のエリア拡大と動画品質改善
- バッグ表示のパーソナライズ化、AI検索タグ生成、フリック機能
- ShaaSの企業連携拡大とBAGSHARE by WORLDの開始
- ラクサス表参道店の開店
- Introduction of a shareholder benefit program
- コンビニ支払いの導入
Key KPIsA metric the company considers important as a management benchmark.
- 契約数（ダブルプラン込み）17,048 Engagements
- Average spend per customer¥9,039Year on year against the same period last year+0.5%
- App downloads前年比約150%Year on year against the same period last yearApproximately 150%
- メールアドレス登録数対前年約200%Year on year against the same period last year約200%
- バッグ販売数対前年101%Year on year against the same period last year+1.0%
- 対市場価格125 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Average spend per customer¥9,039Year on year against the same period last year+0.5%
- Number of contracts17,048 Engagements
- バッグ販売数対前年101%Year on year against the same period last year+1.0%
Market Size / Share
市場価格に対するバッグ販売価格125%Number of employees
人員数は微減との記載のみで、人数はNot disclosed| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | First quarter of the fiscal year ended March 2026 |
| Net Sales | ¥565 million (YoY -13.0%) |
| Operating profit | ¥46 million (YoY -75.4%) |
| Net income | ¥39 million (YoY -76.5%) |
| Gross Profit Margin | Rate 74.3 / Year-on-year change (points) -4.6 |
| Operating profit margin | Rate 8.2 / Year-on-year change (points) -20.9 |
| Selling, general and administrative expenses | ¥373 million |
| Results for the three months of the current quarter | Net Sales ¥565 million / Operating profit ¥46 million / Quarterly net income ¥39 million |
| Full-year earnings forecast | Net Sales ¥3,077 million / Operating profit ¥448 million / Ordinary income ¥442 million / Net income for the current fiscal year ¥335 million |
| Breakdown of Factors Affecting the Change | Factors サブスク契約数減による粗利減 / Amount ¥-90 million, Factors バッグ販売個数減による粗利微減 / Amount ¥-2 million, Factors 人員数微減 / Amount ¥0 million, Factors 新規販路投下による広告宣伝費増 / Amount ¥-27 million, Factors トランザクション数減による荷造運賃減 / Amount ¥5 million, Factors ToCバッグ販売減少による販売手数料減 / Amount ¥3 million, Factors 上場に伴う株主総会関連費用増加等によるその他費用増 / Amount ¥-31 million |
| Key KPIs | Indicator name 契約数（ダブルプラン込み） / Value 17,048 Engagements / Year on year against the same period last year Not disclosed, Indicator name Average spend per customer / Value ¥9,039 / Year on year against the same period last year ¥0.5, Indicator name App downloads / Value 前年比約150% / Year on year against the same period last year Approximately 150%, Indicator name メールアドレス登録数 / Value 対前年約200% / Year on year against the same period last year 約200%, Indicator name バッグ販売数 / Value 対前年101% / Year on year against the same period last year 1 Year on year, Indicator name 対市場価格 / Value 125 % / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Indicator name Average spend per customer / Value ¥9,039 / Year on year against the same period last year ¥0.5, Indicator name Number of contracts / Value 17,048 Engagements / Year on year against the same period last year Not disclosed, Indicator name バッグ販売数 / Value 対前年101% / Year on year against the same period last year 1 Year on year |
| Number of employees | 人員数は微減との記載のみで、人数はNot disclosed |
| Market Size / Share | 市場価格に対するバッグ販売価格125% |
| New initiatives | 動画広告・YouTuberを活用した新規広告施策, タクシー広告のエリア拡大と動画品質改善, バッグ表示のパーソナライズ化、AI検索タグ生成、フリック機能, ShaaSの企業連携拡大とBAGSHARE by WORLDの開始, ラクサス表参道店の開店, Introduction of a shareholder benefit program, コンビニ支払いの導入 |
Items this document does not state (15)
Ordinary incomeProgress against full-year forecastSelf-assessment against the planSegment resultsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial 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.サブスク契約の苦戦による売上・粗利の減少に加え、新規獲得のための広告宣伝費、上場に伴う株主総会関連費用などの販管費が増加したため。
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.