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Earnings presentation300AMIC Co.,Ltd.Information and Communications, Services and Others

Briefing Materials on Financial Results for the First Quarter of the Fiscal Year Ending March 2027

In the first quarter of the fiscal year ending March 2027, revenue increased 17.0% and operating profit rose 8.4% as transactions expanded with existing and new customers. However, upfront investments in logistics facilities, personnel and AI also increased costs and expenses, resulting in a lower operating margin than in the same quarter of the previous year.

Worth reading
80Important
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
17
Year-on-year change (revenue excluding postage expenses), %
Wording
Definitive
How definitive the wording is.

Contents of this document

Earnings presentationFirst quarter of the fiscal year ending March 202711 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,374 million+17.0%
Operating profit¥348 million+8.4%
Gross Profit Margin34.2 %
Operating profit margin10.3 %
Selling, general and administrative expenses¥806 million
Results for the three months of the current quarterRevenue: ¥3,374 million; operating profit: ¥348 million; EBITDA: ¥415 million. Year-on-year changes were 17.0%, 8.4% and 9.7%, respectively.
Full-year earnings forecast
Net Sales
¥15,400 million
Operating profit
¥2,040 million
EBITDA
¥2,390 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Expansion of transactions with existing customers and acquisition of new projectsApproximately ¥113 million (factor contributing to profit growth)
  • New logistics center contract costsApproximately ¥26 million
  • Costs of opening the Sapporo development facilityApproximately ¥3 million
  • Costs related to increasing headcount and enhancing salariesApproximately ¥41 million
  • Investment in equipment for AI and productivity improvementsApproximately ¥16 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Revenue seasonalityFor the fiscal year ending March 2027, revenue is expected to be 46.9% in the first half and 53.1% in the second half.
New initiatives
  • Introduction of a Shareholder Benefit Program
  • Contract for a new logistics center and expansion of logistics facilities
  • Opening of the Sapporo development facility
  • Strengthening graduate and experienced-hire recruitment and revising salaries
  • Investment in AI applications and automation of production facilities
  • PromOS adoption by a major pharmaceutical manufacturer
  • Expansion of joint delivery to large consumer electronics retailers
Key KPIsA metric the company considers important as a management benchmark.
  • Number of companies using PromOS35 companies
    Year on year against the same period last year+130.0%
  • Number of employees stationed at customer sites105 people
    Year on year against the same period last year+113.0%
  • Number of drugstore chains using Co.HUB34 chains
  • Drugstore adoption rate65 %
  • Number of contracted manufacturers714 companies
  • V/(BI＋SR)1.19 times
Segment results
IT and Services
Net Sales
¥901 million
Year on year against the same period last year+139.0%
Retail
Net Sales
¥1,377 million
Year on year against the same period last year+108.0%
Manufacturers
Net Sales
¥1,095 million
Year on year against the same period last year+115.0%
Medium-term management plan targets
Average annual revenue growth rateMore than 10%
Ordinary income marginMore than 10%
Market Size / Share
  • Joint delivery for drugstores
    Share65%
  • Household goodsApproximately ¥2.5 trillion
  • CosmeticsApproximately ¥2.5 trillion
  • PharmaceuticalsApproximately ¥11.5 trillion
  • Food and beverage (food)Approximately ¥25 trillion–¥30 trillion
  • Home appliancesApproximately ¥7.5 trillion–¥8 trillion
Number of stores and locations
The total floor area of the facilities expanded to 14,000 tsubo. The materials disclose the contract for a new logistics center and the opening of the Sapporo development facility. The number of store openings and closures is Not disclosed.
Capital expenditures
¥1,600 10,000
Annual Dividend
The materials disclose the dividend for the year-end of March 2027. The dividend per share and the breakdown between the interim and year-end dividends are Not disclosed.
Payout ratio
40 %
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales¥3,374 million (YoY +17.0%)
Operating profit¥348 million (YoY +8.4%)
Gross Profit Margin34.2 %
Operating profit margin10.3 %
Selling, general and administrative expenses¥806 million
Results for the three months of the current quarterRevenue: ¥3,374 million; operating profit: ¥348 million; EBITDA: ¥415 million. Year-on-year changes were 17.0%, 8.4% and 9.7%, respectively.
Full-year earnings forecastNet Sales ¥15,400 million / Operating profit ¥2,040 million / EBITDA ¥2,390 million
Segment resultsIT and Services Net Sales ¥901 million / Year on year against the same period last year 139 / Retail Net Sales ¥1,377 million / Year on year against the same period last year 108 / Manufacturers Net Sales ¥1,095 million / Year on year against the same period last year 115
Breakdown of Factors Affecting the ChangeFactors Expansion of transactions with existing customers and acquisition of new projects / Amount Approximately ¥113 million (factor contributing to profit growth), Factors New logistics center contract costs / Amount Approximately ¥26 million, Factors Costs of opening the Sapporo development facility / Amount Approximately ¥3 million, Factors Costs related to increasing headcount and enhancing salaries / Amount Approximately ¥41 million, Factors Investment in equipment for AI and productivity improvements / Amount Approximately ¥16 million
Key KPIsIndicator name Number of companies using PromOS / Value 35 companies / Year on year against the same period last year 130 companies, Indicator name Number of employees stationed at customer sites / Value 105 people / Year on year against the same period last year 113 people, Indicator name Number of drugstore chains using Co.HUB / Value 34 chains / Year on year against the same period last year Not disclosed, Indicator name Drugstore adoption rate / Value 65 % / Year on year against the same period last year Not disclosed, Indicator name Number of contracted manufacturers / Value 714 companies / Year on year against the same period last year Not disclosed, Indicator name V/(BI＋SR) / Value 1.19 times / Year on year against the same period last year Not disclosed
Number of stores and locationsThe total floor area of the facilities expanded to 14,000 tsubo. The materials disclose the contract for a new logistics center and the opening of the Sapporo development facility. The number of store openings and closures is Not disclosed.
Assumptions Underlying the Business OutlookRevenue seasonality For the fiscal year ending March 2027, revenue is expected to be 46.9% in the first half and 53.1% in the second half.
Medium-term management plan targetsAverage annual revenue growth rate More than 10% / Ordinary income margin More than 10% / Target fiscal year Not disclosed / Comparison with actual results Not disclosed
Annual DividendThe materials disclose the dividend for the year-end of March 2027. The dividend per share and the breakdown between the interim and year-end dividends are Not disclosed.
Payout ratio40 %
Capital expenditures¥1,600 10,000
Market Size / ShareMarket Joint delivery for drugstores / Share 65%, Market Household goods / Market Size Approximately ¥2.5 trillion, Market Cosmetics / Market Size Approximately ¥2.5 trillion, Market Pharmaceuticals / Market Size Approximately ¥11.5 trillion, Market Food and beverage (food) / Market Size Approximately ¥25 trillion–¥30 trillion, Market Home appliances / Market Size Approximately ¥7.5 trillion–¥8 trillion
New initiativesIntroduction of a Shareholder Benefit Program, Contract for a new logistics center and expansion of logistics facilities, Opening of the Sapporo development facility, Strengthening graduate and experienced-hire recruitment and revising salaries, Investment in AI applications and automation of production facilities, PromOS adoption by a major pharmaceutical manufacturer, Expansion of joint delivery to large consumer electronics retailers
Items this document does not state (11)
Ordinary incomeNet incomeProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of employeesRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesOrders 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.

Revenue increased due to cross-selling to new and existing manufacturers centered on joint delivery, as well as an increase in orders related to digital marketing. On the profit front, expenses rose because the company entered into a new logistics center contract, opened a development facility in Sapporo, increased headcount and revised salaries, and invested in equipment for AI and productivity improvements.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Briefing Materials on Financial Results for the First Quarter of the Fiscal Year Ending March 2027 | MIC Co.,Ltd. (300A) timely disclosure | Komori