Worth reading
51Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
40.6
% (year-on-year decline in operating income)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 June 2026 to 31 August 2026ConsolidatedJapanese GAAPNet Sales2,578million yenYear on year +8.3%Progress 23.2%
Operating profit191million yenYear on year -40.6%Progress 13.2%
Ordinary income149million yenYear on year -51.0%Progress 11.5%
Net income attributable to owners of the parent97million yenYear on year -52.3%Progress 11.0%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥18.60
Financial position at period-end
Total assets15,937million yen
of which net assets 3,819 million yenEquity ratio 24.0%vs. prior year-end -1.5pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Segment revenueIT Subscription Business 1,819,769 thousand yen (YoY +5.9%), ITAD Business 756,886 thousand yen (YoY +15.6%), Communication and Devices Business 71,029 thousand yen (YoY +3.8%)
Segment profitIT Subscription Business 111,374 thousand yen (YoY -50.6%), ITAD Business 284,409 thousand yen (YoY +3.1%), Communication and Devices Business 20,037 thousand yen (YoY +121.6%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales11,100 million yen (YoY +6.1%)
Operating profit1,450 million yen (YoY +4.2%)
Ordinary income1,300 million yen (YoY +0.6%)
Net income884 million yen (YoY +2.1%)
Revision to Earnings ForecastNo
Annual Dividend Forecast52 yen → 65 yen（+25.0%）
Factors Behind Changes in Business Performance
Revenue increased due to the accumulation of long-term rental contracts and expanded sales in the ITAD business, while operating profit and ordinary profit declined due to the reaction to a large project in the previous year, higher depreciation expenses, and the strengthening of personnel and organizational capabilities.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent eventsNot applicable.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 79 thousand yen / Extraordinary loss Loss on Disposal of Fixed Assets 76 thousand yen
Depreciation and amortization1,010,428 thousand yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End5,396,600 shares
Treasury Shares at Period-End137,346 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 June 2026 to 31 August 2026 |
| Net Sales | 2,578 million yen (YoY +8.3%) |
| Operating profit | 191 million yen (YoY -40.6%) |
| Ordinary income | 149 million yen (YoY -51.0%) |
| Profit attributable to owners of the parent | 97 million yen (YoY -52.3%) |
| Net income per share | ¥18.60 |
| Equity ratio | End of the current fiscal period 24 / End of previous period 25.5 |
| Total assets | 15,937 million yen |
| Net assets | 3,819 million yen |
| Full-year earnings forecast | Net Sales 11,100 million yen (YoY +6.1%) / Operating profit 1,450 million yen (YoY +4.2%) / Ordinary income 1,300 million yen (YoY +0.6%) / Net income 884 million yen (YoY +2.1%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | 52 yen → 65 yen（+25.0%） |
| Segment revenue | IT Subscription Business 1,819,769 thousand yen (YoY +5.9%), ITAD Business 756,886 thousand yen (YoY +15.6%), Communication and Devices Business 71,029 thousand yen (YoY +3.8%) |
| Segment profit | IT Subscription Business 111,374 thousand yen (YoY -50.6%), ITAD Business 284,409 thousand yen (YoY +3.1%), Communication and Devices Business 20,037 thousand yen (YoY +121.6%) |
| Depreciation and amortization | 1,010,428 thousand yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 79 thousand yen / Extraordinary loss Loss on Disposal of Fixed Assets 76 thousand yen |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name Not disclosed |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 5,396,600 shares |
| Treasury Shares at Period-End | 137,346 shares |
| Factors Behind Changes in Business Performance | Revenue increased due to the accumulation of long-term rental contracts and expanded sales in the ITAD business, while operating profit and ordinary profit declined due to the reaction to a large project in the previous year, higher depreciation expenses, and the strengthening of personnel and organizational capabilities. |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment loss
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 the accumulation of long-term rental contracts and expanded sales in the ITAD business. On the other hand, operating profit and ordinary profit fell below the year-earlier levels due to the reaction to a large project in the previous year, higher depreciation expenses associated with the accumulation of rental assets, and the strengthening of personnel and organizational capabilities to support business expansion.
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.