Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
64.5
Year-on-year revenue growth (%)Wording
Conditional
How definitive the wording is.Contents of this document
Summary of Q&ASecond quarter (interim period) of the fiscal year ending February 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,806 million+64.5%
Operating profit¥345 million+933.1%
Ordinary income¥348 million
Net income¥202 million
Selling, general and administrative expenses¥140 million (increase from the same period of the previous year)
Gross Profit Margin
Rate55.2%
Year on year against the same period last year+5.6 percentage points
Operating profit margin
Rate19.2%
Year on year against the same period last year+16.1 percentage points
Results for the three months of the current quarter
Operating profitApproximately ¥271 million (operating profit for the 3 months of the current quarter)
Operating profit margin23.8%
Monthly revenue¥307 million (monthly recurring revenue)
SaaS-based monthly revenue¥207 million (SaaS-based monthly recurring revenue)
Full-year earnings forecast
Net Sales
¥3,113 million
Operating profit
¥412 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 Sales58.0%
Operating profit83.9%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
In line with plan. The full-year earnings forecast remains unchangedKey points of the Q&AKey questions raised by investors at the briefing and the company's answers
- Underlying performance and progress excluding large projects
- Operating cash flow and increases in contract assets and accounts receivable
- Relationship between development revenue and future monthly recurring revenue
- Transition from the solution-based model to web connect
- The revenue model for value connect
- Improving development efficiency through the use of AI
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Increase in sales¥708 million
Increase in SaaS-based development revenue¥791 million
Increase in costs of sales¥255 million
Increase in SG&A expenses¥140 million
Revenue from certain large-scale projectsApproximately ¥300 million
New initiatives
- Introduction of AI-assisted development and review methods
- Promotion of projects for MaaS operators and membership service providers
- Expansion of integrated content through value connect
- Launch of web connect and value connect services for 三越伊勢丹ニッコウトラベル
- Membership in the Council for Promoting Cashless Payments in the Tourism Industry
Key KPIsA metric the company considers important as a management benchmark.
- Number of employees143 People
- Number of web Connect customersNo change in the second quarter
Segment results
Enterprise
Net Sales¥1,276 million
Year on year against the same period last yearUp 103.5% year on year
Standard
Net Sales¥500 million
Year on year against the same period last yearUp 16.1% year on year
Basic
Net Sales¥29 million
Financial targets
Equity ratio78.1% (actual)
Number of employees
Number of Employees143 people (as of the end of August 2026)
| Item | Details |
|---|---|
| Document type | Summary of Q&A |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending February 2027 |
| Net Sales | ¥1,806 million (YoY +64.5%) |
| Operating profit | ¥345 million (YoY +933.1%) |
| Ordinary income | ¥348 million |
| Net income | ¥202 million |
| Gross Profit Margin | Rate 55.2% / Year on year against the same period last year +5.6 percentage points |
| Operating profit margin | Rate 19.2% / Year on year against the same period last year +16.1 percentage points |
| Selling, general and administrative expenses | ¥140 million (increase from the same period of the previous year) |
| Results for the three months of the current quarter | Operating profit Approximately ¥271 million (operating profit for the 3 months of the current quarter) / Operating profit margin 23.8% / Monthly revenue ¥307 million (monthly recurring revenue) / SaaS-based monthly revenue ¥207 million (SaaS-based monthly recurring revenue) |
| Full-year earnings forecast | Net Sales ¥3,113 million / Operating profit ¥412 million |
| Progress against full-year forecast | Net Sales 58.0% / Operating profit 83.9% |
| Self-assessment against the plan | In line with plan. The full-year earnings forecast remains unchanged |
| Segment results | Enterprise Net Sales ¥1,276 million / Year on year against the same period last year Up 103.5% year on year / Standard Net Sales ¥500 million / Year on year against the same period last year Up 16.1% year on year / Basic Net Sales ¥29 million / Year on year against the same period last year Not disclosed |
| Breakdown of Factors Affecting the Change | Increase in sales ¥708 million / Increase in SaaS-based development revenue ¥791 million / Increase in costs of sales ¥255 million / Increase in SG&A expenses ¥140 million / Revenue from certain large-scale projects Approximately ¥300 million |
| Key KPIs | Indicator name Number of employees / Value 143 People / Year on year against the same period last year Not disclosed, Indicator name Number of web Connect customers / Value No change in the second quarter / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees 143 people (as of the end of August 2026) / Change during the period Not disclosed / Hiring plan Not disclosed |
| Financial targets | Equity ratio 78.1% (actual) / Other targets Not disclosed |
| Key points of the Q&A | Underlying performance and progress excluding large projects, Operating cash flow and increases in contract assets and accounts receivable, Relationship between development revenue and future monthly recurring revenue, Transition from the solution-based model to web connect, The revenue model for value connect, Improving development efficiency through the use of AI |
| New initiatives | Introduction of AI-assisted development and review methods, Promotion of projects for MaaS operators and membership service providers, Expansion of integrated content through value connect, Launch of web connect and value connect services for 三越伊勢丹ニッコウトラベル, Membership in the Council for Promoting Cashless Payments in the Tourism Industry |
Items this document does not state (11)
Unit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / Share
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.Multiple projects for major customers progressed, increasing development revenue related to core system renewals and the development of new services. In addition, the delivery and acceptance of certain large projects subject to a review of the timing of revenue recognition were completed, and revenue was recognized during the interim period.
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.