Results for this period
Full year1 May 2025–30 April 2026ConsolidatedJapanese GAAPThe 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.
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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Revenue increased in the EC business due to growth in the number of purchasing customers and higher average spending per purchasing customer, and in the financial business due to increases in transaction volume and guarantee balances. Advertising and other expenses related to demonstration tests and personnel expenses increased, while investment partnership operating losses and expenses for the issuance of bonds and stock acquisition rights weighed on ordinary profit.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 May 2025–30 April 2026 |
| Net Sales | ¥6,574 million (YoY +7.8%) |
| Operating profit | ¥1,320 million (YoY +5.3%) |
| Ordinary income | ¥1,240 million (YoY -11.3%) |
| Profit attributable to owners of the parent | ¥804 million (YoY -3.9%) |
| Net income per share | ¥39.60 |
| Operating Margin | 20.1% |
| Equity ratio | End of the current fiscal period 21.6% / End of previous period 27.3% |
| Total assets | ¥19,380 million |
| Net assets | ¥4,376 million |
| Cash flows from operating activities | ¥692 million |
| Cash flows from investing activities | ¥-304 million |
| Cash flows from financing activities | ¥518 million |
| Cash and cash equivalents at end of period | ¥5,236 million |
| Full-year earnings forecast | Net Sales ¥7,500 million (YoY +14.1%) / Operating profit ¥600 million (YoY -54.6%) / Ordinary income ¥550 million (YoY -55.6%) / Net income ¥300 million (YoY -62.7%) |
| Annual Dividend Forecast | ¥22 → ¥22（0.0%） |
| Payout ratio | 68.2% |
| Segment revenue | EC Business ¥3,899,926 thousand (YoY +9.5%), Financial business ¥3,038,114 thousand (YoY +6.2%) |
| Segment profit | EC Business ¥1,272,990 thousand (YoY +2.7%), Financial business ¥832,533 thousand (YoY +13.5%) |
| Depreciation and amortization | ¥160,254 thousand |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | No extraordinary gains or losses were recorded during the fiscal year under review. |
| Disclosure regarding the going concern assumption | No applicable matters. |
| 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 | Added: 0 companies; excluded: 0 companies. No material changes to the scope of consolidation occurred during the period. |
| Material subsequent events | At a meeting of the Board of Directors held on 11 June 2026, a resolution was passed to issue paid stock options (stock acquisition rights). A total of 12,600 stock acquisition rights will be issued. If all are exercised, the number of shares outstanding will increase by 5.93% of the total number of issued shares. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and securities analysts) |
| Issued Shares at Period-End | 21,262,043 |
| Treasury Shares at Period-End | 1,873,510 |
| Factors Behind Changes in Business Performance | Revenue increased in the EC business due to growth in the number of purchasing customers and higher average spending per purchasing customer, and in the financial business due to increases in transaction volume and guarantee balances. Advertising and other expenses related to demonstration tests and personnel expenses increased, while investment partnership operating losses and expenses for the issuance of bonds and stock acquisition rights weighed on ordinary profit. |
Items this document does not state (4)
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 as the number of purchasing customers and average spending per purchasing customer rose in the EC business, while transaction volume and guarantee balances also increased in the financial business. Despite higher revenue, growth in operating profit was limited by increases in advertising and other expenses related to demonstration tests, as well as personnel expenses. Ordinary profit declined due to investment partnership operating losses and higher expenses associated with the issuance of convertible bond-type bonds with stock acquisition rights and stock acquisition rights. For the fiscal year ending April 2027, a temporary decline in profit is expected because promotional investments to expand the customer base will precede revenue growth.