Worth reading
73In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
29.8
Year-on-year revenue growth (%)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFiscal year ending March 2026, full year9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥17,001 million+29.8%
Operating profit¥3,463 million+30.1%
Net income¥2,461 million+45.5%
Selling, general and administrative expenses¥1,276 million
Operating profit margin
Rate20.4%
Year-on-year change+0.1 percentage points year on year
Full-year earnings forecast
Fiscal year ending March 2026
Net Sales
¥17,140 million
Non-GAAP operating profit
¥3,529 million
Net income for the current fiscal year
¥2,295 million
Fiscal year ending March 2027
Net Sales
¥21,368 million
Non-GAAP operating profit
¥3,716 million
Operating profit
¥3,573 million
Non-GAAP net income
¥2,606 million
Net income for the current fiscal year
¥2,468 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 Sales99.2%
Non-GAAP operating profit102.6%
Net income for the current fiscal year107.2%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Non-GAAP operating profit exceeded the company's forecastBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Growth in the commerce businessMain driver of revenue growth
Strong page viewsDriver of revenue growth in the media business
Increase in the number of high-revenue livestreamersDriver of revenue growth in the other businesses
User point promotion costs¥139 million recorded in selling, general and administrative expenses
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Promotional demandExpected to be concentrated in the second half
Advertising unit priceConservatively incorporates the market impact on third-party display advertising
First-half investment적극ively invest in trial costs and advertising for the レシチャレ (recipe challenge service)
New initiatives
- Increase investment in acquiring retail partners and users for the レシチャレ (recipe challenge service)
- Planned launch of integration with LINE Manga
- Planned launch of レシチャレ (recipe challenge service) integration with the Japan Post Bank passbook app
- Promote the vertical AI Agent business for manufacturers and wholesalers
- AI-driven development in-house using Claude Code, Codex and other tools
Key KPIsA metric the company considers important as a management benchmark.
- MAU related to the レシチャレ (recipe challenge service)316 ten thousand
- AI tool usage rate100 %
- Claude Code usage rate (including non-engineers)99 %
- Development productivity improvement6 timesYear on year against the same period last yearCompared with before April 2025
- Reduction in reporting workload590 hours/month
- Reduction in creative production costs98 %
- Reduction in recruiting-scout production workload75 %Year on year against the same period last yearCompared with before and after implementation
- Reduction in legal review workload760 hours/year
Segment results
Media
Net Sales
¥8,030 million+6.3%
Procurement
Net Sales
¥6,028 million+85.7%
Other
Net Sales
¥2,942 million+27.8%
Medium-term management plan targets
Medium-Term VisionGrow the commerce business and vertical AI Agent business toward 2030
FY30/3 B2B revenue ratio47%
Gross profit
Rate47.4%
Year-on-year change-2.2 percentage points
Three months of the current quarter
Net Sales
¥4,525 million+25.1%
Gross profit
¥2,199 million+28.6%
Operating profit
¥922 million+56.1%
Non-GAAP operating profit
¥964 million+53.2%
Net income for the current fiscal year
¥681 million+72.7%
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending March 2026, full year |
| Net Sales | ¥17,001 million (YoY +29.8%) |
| Operating profit | ¥3,463 million (YoY +30.1%) |
| Net income | ¥2,461 million (YoY +45.5%) |
| Gross profit | Rate 47.4% / Year-on-year change -2.2 percentage points |
| Operating profit margin | Rate 20.4% / Year-on-year change +0.1 percentage points year on year |
| Selling, general and administrative expenses | ¥1,276 million |
| Three months of the current quarter | Net Sales ¥4,525 million (YoY +25.1%) / Gross profit ¥2,199 million (YoY +28.6%) / Operating profit ¥922 million (YoY +56.1%) / Non-GAAP operating profit ¥964 million (YoY +53.2%) / Net income for the current fiscal year ¥681 million (YoY +72.7%) |
| Full-year earnings forecast | Fiscal year ending March 2026 Net Sales ¥17,140 million / Non-GAAP operating profit ¥3,529 million / Net income for the current fiscal year ¥2,295 million / Fiscal year ending March 2027 Net Sales ¥21,368 million / Non-GAAP operating profit ¥3,716 million / Operating profit ¥3,573 million / Non-GAAP net income ¥2,606 million / Net income for the current fiscal year ¥2,468 million |
| Progress against full-year forecast | Net Sales 99.2% / Non-GAAP operating profit 102.6% / Net income for the current fiscal year 107.2% |
| Self-assessment against the plan | Non-GAAP operating profit exceeded the company's forecast |
| Segment results | Media Net Sales ¥8,030 million (YoY +6.3%) / Procurement Net Sales ¥6,028 million (YoY +85.7%) / Other Net Sales ¥2,942 million (YoY +27.8%) |
| Breakdown of Factors Affecting the Change | Growth in the commerce business Main driver of revenue growth / Strong page views Driver of revenue growth in the media business / Increase in the number of high-revenue livestreamers Driver of revenue growth in the other businesses / User point promotion costs ¥139 million recorded in selling, general and administrative expenses |
| Key KPIs | Indicator name MAU related to the レシチャレ (recipe challenge service) / Value 316 ten thousand / Year on year against the same period last year Not disclosed, Indicator name AI tool usage rate / Value 100 % / Year on year against the same period last year Not disclosed, Indicator name Claude Code usage rate (including non-engineers) / Value 99 % / Year on year against the same period last year Not disclosed, Indicator name Development productivity improvement / Value 6 times / Year on year against the same period last year Compared with before April 2025, Indicator name Reduction in reporting workload / Value 590 hours/month / Year on year against the same period last year Not disclosed, Indicator name Reduction in creative production costs / Value 98 % / Year on year against the same period last year Not disclosed, Indicator name Reduction in recruiting-scout production workload / Value 75 % / Year on year against the same period last year Compared with before and after implementation, Indicator name Reduction in legal review workload / Value 760 hours/year / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | Promotional demand Expected to be concentrated in the second half / Advertising unit price Conservatively incorporates the market impact on third-party display advertising / First-half investment 적극ively invest in trial costs and advertising for the レシチャレ (recipe challenge service) |
| Medium-term management plan targets | Medium-Term Vision Grow the commerce business and vertical AI Agent business toward 2030 / FY30/3 B2B revenue ratio 47% |
| New initiatives | Increase investment in acquiring retail partners and users for the レシチャレ (recipe challenge service), Planned launch of integration with LINE Manga, Planned launch of レシチャレ (recipe challenge service) integration with the Japan Post Bank passbook app, Promote the vertical AI Agent business for manufacturers and wholesalers, AI-driven development in-house using Claude Code, Codex and other tools |
Items this document does not state (13)
Ordinary incomeUnit 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 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.Growth in the commerce business, particularly progress in acquiring retail partners and partners for the クラシルリテールネットワーク (Kurashiru Retail Network). For the fiscal year ending March 2027, the company plans to make upfront investments in acquiring retail partners and users for the レシチャレ (recipe challenge service), as well as trial costs, and therefore expects to limit the growth rate of Non-GAAP operating profit.
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.