Worth reading
61In focus
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
13.9
% (year-on-year change in consolidated net sales)Wording
Definitive
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ending April 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,776 million+13.9%
Operating profit¥303 million+11.9%
Ordinary income¥296 million+12.1%
Net income¥226 million+31.4%
Gross Profit Margin83.9 %
Operating profit margin17.1 %
Selling, general and administrative expenses¥1,187 million
Results for the three months of the current quarter
Net Sales
¥1,776 million
Gross profit
¥1,490 million
Adjusted EBITDA
¥357 million
Operating profit
¥303 million
Ordinary income
¥296 million
Net income for the current fiscal year
¥226 million
Full-year earnings forecast
Net Sales
¥7,500 million
Adjusted EBITDA
¥1,050 million
Operating profit
¥600 million
Ordinary income
¥550 million
Net income for the current fiscal year
¥300 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 Sales23.7%
Adjusted EBITDA34.0%
Operating profit50.5%
Ordinary income53.8%
Net income for the current fiscal year75.6%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Both sales and profit are progressing ahead of planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
EC Business
Q1 FY2026/04 operating profit287
Net Sales132
Cost of sales-24
Advertising spend-94
Personnel Expenses-3
Increase in personnel expenses associated with changes to the internal organizational structure-50
Other34
Q1 FY2027/04 operating profit283
Financial business
Q1 FY2026/04 operating profit181
External sales84
Intersegment sales11
Cost of sales13
Advertising spend-26
Personnel Expenses-15
Increase in personnel expenses associated with changes to the internal organizational structure-51
Other-43
Q1 FY2027/04 operating profit153
New initiatives
- Increased advertising and sales promotion investment aimed at expanding the customer base
- Measures to promote first-time purchases from Q2 onward
- Measures to reduce the burden of overseas shipping costs
- Transfers of engineers and designers to operating subsidiaries to improve development productivity
Key KPIsA metric the company considers important as a management benchmark.
- Group GMV¥21,346 million+15.1%
- URIHO guarantee balance¥80,319 million+21.9%
- E-commerce business GMV¥8,543 million+17.6%
- Paid external transaction volume¥12,461 million+13.5%
- Number of URIHO subscription customers1,780 companies+17.6%
- New member registrations+23.2%
- Number of sales meetings generated+84.9%
- Number of new memberships+11.0%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Number of domestic purchasing customers34,488 companies+7.0%
- Average spend per domestic purchasing customer¥183,771+11.9%
- Number of overseas purchasing customers6,753 companies+4.1%
- Average spend per overseas purchasing customer¥326,547+7.3%
Segment results
- EC BusinessNet Sales¥1,055 millionRevenue_yoy_pct14.4Operating profit¥283 millionOperating profit_yoy_pct-1.6
- Financial businessNet Sales¥721 millionRevenue_yoy_pct13.3Operating profit¥153 millionOperating profit_yoy_pct-15.4
Medium-term management plan targets
The company refers to strengthening customer relationships, but target figures and target fiscal years are not disclosed| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending April 2027 |
| Net Sales | ¥1,776 million (YoY +13.9%) |
| Operating profit | ¥303 million (YoY +11.9%) |
| Ordinary income | ¥296 million (YoY +12.1%) |
| Net income | ¥226 million (YoY +31.4%) |
| Gross Profit Margin | 83.9 % |
| Operating profit margin | 17.1 % |
| Selling, general and administrative expenses | ¥1,187 million |
| Results for the three months of the current quarter | Net Sales ¥1,776 million / Gross profit ¥1,490 million / Adjusted EBITDA ¥357 million / Operating profit ¥303 million / Ordinary income ¥296 million / Net income for the current fiscal year ¥226 million |
| Full-year earnings forecast | Net Sales ¥7,500 million / Adjusted EBITDA ¥1,050 million / Operating profit ¥600 million / Ordinary income ¥550 million / Net income for the current fiscal year ¥300 million |
| Progress against full-year forecast | Net Sales 23.7% / Adjusted EBITDA 34.0% / Operating profit 50.5% / Ordinary income 53.8% / Net income for the current fiscal year 75.6% |
| Self-assessment against the plan | Both sales and profit are progressing ahead of plan |
| Segment results | Segment EC Business / Net Sales ¥1,055 million / Revenue_yoy_pct 14.4 / Operating profit ¥283 million / Operating profit_yoy_pct -1.6, Segment Financial business / Net Sales ¥721 million / Revenue_yoy_pct 13.3 / Operating profit ¥153 million / Operating profit_yoy_pct -15.4 |
| Breakdown of Factors Affecting the Change | EC Business Q1 FY2026/04 operating profit 287 / Net Sales 132 / Cost of sales -24 / Advertising spend -94 / Personnel Expenses -3 / Increase in personnel expenses associated with changes to the internal organizational structure -50 / Other 34 / Q1 FY2027/04 operating profit 283 / Financial business Q1 FY2026/04 operating profit 181 / External sales 84 / Intersegment sales 11 / Cost of sales 13 / Advertising spend -26 / Personnel Expenses -15 / Increase in personnel expenses associated with changes to the internal organizational structure -51 / Other -43 / Q1 FY2027/04 operating profit 153 |
| Key KPIs | ¥21,346 million (YoY +15.1%), ¥80,319 million (YoY +21.9%), ¥8,543 million (YoY +17.6%), ¥12,461 million (YoY +13.5%), 1,780 companies (YoY +17.6%), +23.2%, +84.9%, +11.0% |
| Unit price and quantity metrics | 34,488 companies (YoY +7.0%), ¥183,771 (YoY +11.9%), 6,753 companies (YoY +4.1%), ¥326,547 (YoY +7.3%) |
| Medium-term management plan targets | The company refers to strengthening customer relationships, but target figures and target fiscal years are not disclosed |
| New initiatives | Increased advertising and sales promotion investment aimed at expanding the customer base, Measures to promote first-time purchases from Q2 onward, Measures to reduce the burden of overseas shipping costs, Transfers of engineers and designers to operating subsidiaries to improve development productivity |
Items this document does not state (12)
Number of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk 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.The increases in net sales and operating profit resulted from double-digit growth in the E-commerce and Financial businesses. The decline in segment profit was due to increased advertising and sales promotion expenses aimed at expanding the customer base, as well as higher personnel expenses associated with changes to the internal organizational structure.
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.