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Financial Results Presentation for the Third Quarter of the Fiscal Year Ending December 2026

Results presentationNine months, FY ending Dec 2026Published 2026-11-13 15:30

Revenue increased in the third quarter on growth in the LegalTech SaaS business, and the loss narrowed. However, the full-year earnings forecast was revised downward due to the longer time required to win projects and complete acceptance procedures, as well as sluggish usage of the registration business, among other factors.

Contents of this document

Earnings presentation materialsThird quarter of the fiscal year ending December 20266 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales
Value
Quarter400
3Q cumulative1,221
Year on year against the same period last year
Quarter11.3
3Q cumulative10.2
Operating profit
Value
Quarter▲38
3Q cumulative▲161
Year on year against the same period last yearLoss narrowed (¥73 million for the quarter, ¥98 million cumulative)
Ordinary income
Value
Quarter▲47
3Q cumulative▲183
Year on year against the same period last yearLoss narrowed (¥69 million for the quarter, ¥85 million cumulative)
Net income
Value
Quarter▲48
3Q cumulative▲185
Year on year against the same period last yearLoss narrowed (¥69 million for the quarter, ¥85 million cumulative)
Gross Profit Margin
Value
Quarter66.9
3Q cumulative64.7
yoy_change_pt
Quarter5.4
3Q cumulative3.5
Selling, general and administrative expenses
Value
Quarter306
3Q cumulative951
Results for the three months of the current quarter
Net Sales¥400 million (up 11.3% year on year)
Operating loss¥38 million
Ordinary loss¥47 million
Net loss¥48 million
Gross profit¥267 million
Gross Profit Margin66.9%
Selling, general and administrative expenses¥306 million
LegalTech SaaS business revenue¥279 million
Registration business revenue¥121 million
Full-year earnings forecast
Net Sales¥1,624 million
LegalTech SaaS business revenue¥1,060 million
Registration business revenue¥564 million
Operating loss¥206 million operating loss
Ordinary loss-¥239 million
Net loss for the period-¥242 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revised downward because the forecast is expected to fall below the initial outlook
New initiatives
  • Major renewal of the AI contract review function in “OLGA”
  • “GVA Company Formation” released in October 2026
  • “GVA Labor Documents” launched in June 2026
  • “OLGA for Agentforce” released
Key KPIsA metric the company considers important as a management benchmark.
  • ARR¥1,026 million+34.2%
  • Average customer spend (monthly)¥132 thousand+19.0%
  • Net Revenue Churn Rate0.07 %
  • Companies adopting the service645 companies
  • Number of customers adopting the service with average customer spend of at least ¥200,000122 companies
  • Cumulative number of customer companies using the service34,848 companies+19.7%
  • Repeat usage rate39.3 %
  • Subscription revenue ratioMore than 90%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Average customer spend (monthly)¥132 thousand
  • Companies adopting the service645 companies
  • Number of customers adopting the service with average customer spend of at least ¥200,000122 companies
  • Registration business service usage2,782 postings
  • Repeat usage of registration business services1,016 postings
Segment results
  • LegalTech SaaS Business
    Quarterly net sales¥279 million
    Quarterly year-on-year change40.3
    3Q cumulative revenue¥770 million
    Cumulative year on year29.3
  • Registration Business
    Quarterly net sales¥121 million
    Quarterly year-on-year change-24.5
    3Q cumulative revenue¥450 million
    Cumulative year on year-12
Market Size / Share
  • Broadly defined LegalTech market¥699.7 billion, ¥415.5 billion, ¥73.1 billion + alpha
  • Breakdown of the narrowly defined legal tech market¥73.1 billion plus additional opportunity
  • Commercial registration market¥626 100 million
Contents of this document
ItemDetails
Document typeEarnings presentation materials
Fiscal Period CoveredThird quarter of the fiscal year ending December 2026
Net Salesvalue Quarter 400 / 3Q cumulative 1,221 / yoy_pct Quarter 11.3 / 3Q cumulative 10.2
Operating profitvalue Quarter ▲38 / 3Q cumulative ▲161 / yoy_pct Loss narrowed (¥73 million for the quarter, ¥98 million cumulative)
Ordinary incomevalue Quarter ▲47 / 3Q cumulative ▲183 / yoy_pct Loss narrowed (¥69 million for the quarter, ¥85 million cumulative)
Net incomevalue Quarter ▲48 / 3Q cumulative ▲185 / yoy_pct Loss narrowed (¥69 million for the quarter, ¥85 million cumulative)
Gross Profit Marginvalue Quarter 66.9 / 3Q cumulative 64.7 / yoy_change_pt Quarter 5.4 / 3Q cumulative 3.5
Selling, general and administrative expensesvalue Quarter 306 / 3Q cumulative 951 / SG&A-to-sales ratio Not disclosed
Results for the three months of the current quarterNet Sales ¥400 million (up 11.3% year on year) / Operating loss ¥38 million / Ordinary loss ¥47 million / Net loss ¥48 million / Gross profit ¥267 million / Gross Profit Margin 66.9% / Selling, general and administrative expenses ¥306 million / LegalTech SaaS business revenue ¥279 million / Registration business revenue ¥121 million
Full-year earnings forecastNet Sales ¥1,624 million / LegalTech SaaS business revenue ¥1,060 million / Registration business revenue ¥564 million / Operating loss ¥206 million operating loss / Ordinary loss -¥239 million / Net loss for the period -¥242 million
Self-assessment against the planRevised downward because the forecast is expected to fall below the initial outlook
Segment resultsSegment LegalTech SaaS Business / Quarterly net sales ¥279 million / Quarterly year-on-year change 40.3 / 3Q cumulative revenue ¥770 million / Cumulative year on year 29.3, Segment Registration Business / Quarterly net sales ¥121 million / Quarterly year-on-year change -24.5 / 3Q cumulative revenue ¥450 million / Cumulative year on year -12
Key KPIs¥1,026 million (YoY +34.2%), ¥132 thousand (YoY +19.0%), 0.07 %, 645 companies, 122 companies, 34,848 companies (YoY +19.7%), 39.3 %, More than 90%
Unit price and quantity metrics¥132 thousand, 645 companies, 122 companies, 2,782 postings, 1,016 postings
Market Size / ShareBroadly defined LegalTech market ¥699.7 billion, ¥415.5 billion, ¥73.1 billion + alpha, Breakdown of the narrowly defined legal tech market ¥73.1 billion plus additional opportunity, Commercial registration market ¥626 100 million
New initiativesMajor renewal of the AI contract review function in “OLGA”, “GVA Company Formation” released in October 2026, “GVA Labor Documents” launched in June 2026, “OLGA for Agentforce” released
Items this document does not state (15)
Operating profit marginProgress against full-year forecastBreakdown of Factors Affecting the ChangeNumber of stores and locationsNumber of employeesAssumptions 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.

Financial Results Presentation for the Third Quarter of the Fiscal Year Ending December 2026 | GVA TECH,Inc. (298A) timely disclosure | Komori