Worth reading
70In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
394
¥ million (second-quarter consolidated revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFiscal year ending February 2027, second quarter9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥781 million +59.9%cumulative 2Q
Operating profit¥18 million cumulative 2Q
Ordinary income¥12 million cumulative 2Q
Net income¥5 million net income attributable to owners of the parent, cumulative 2Q
Selling, general and administrative expenses¥627 million cumulative 2Q
Operating profit margin2.3% (2Q cumulative), down 1.8 percentage points year on year
Results for the three months of the current quarter
Net Sales¥394 million, operating income of ¥23 million, ordinary income of ¥20 million, net income attributable to owners of the parent of ¥1 million, and EBITDA of ¥39 million
Full-year earnings forecast
Net Sales¥1,632 million
Operating profit¥100 million
Ordinary income¥88 million
Profit attributable to owners of the parent¥58 million
EBITDA¥175 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 Sales47.9%
Operating profit18.3%
Ordinary income14.3%
Profit attributable to owners of the parent9.6%
EBITDA28.4%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Results remained at the initial budget level, and the company judged that the full-year earnings forecast was progressing smoothly.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Consolidation contribution from the 2 subsidiaries acquired through M&A in the previous fiscal year
- M&A-Related Costs¥41 million
- Large-scale cancellations and downselling
New initiatives
- AI Problem-Solving Search (Beta)
- flier Summary Book Club
- Full-scale rollout of training on generative AI applications and organizational development support
- Strengthening and expansion of the school business
Key KPIsA metric the company considers important as a management benchmark.
- Cumulative number of corporate customers under contract1,447 companies
- Cumulative flier membersOver 1.3 million
- Number of book summaries publishedOver 4,400
- Number of partner publishersMore than 190
- Number of partner bookstoresMore than 190
- flier business MRR¥49 millionYear on year against the same period last yearCAGR22.4%
- Net Revenue Churn Rate1.87 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Number of companies contracting with the flier business572 companies
- ARPA¥87 thousand
Segment results
Enterprise Business segment
Net Sales¥335 million (2Q cumulative, down 5.6% year on year)
Consumer Business segment
Net Sales¥446 million (2Q cumulative, up 233.2% year on year)
Market Size / Share
Japan's generative AI market: ¥1,777.4 billion in 2030, ¥118.8 billion in 2023, and ¥687.9 billion in 2025Orders received and order backlog
Orders received for training, schools and other services: ¥184 million in the second quarterNumber of employees
Number of Employees56 People
As ofEnd of August 2026
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending February 2027, second quarter |
| Net Sales | ¥781 million (cumulative 2Q) (YoY +59.9%) |
| Operating profit | ¥18 million (cumulative 2Q) |
| Ordinary income | ¥12 million (cumulative 2Q) |
| Net income | ¥5 million (net income attributable to owners of the parent, cumulative 2Q) |
| Operating profit margin | 2.3% (2Q cumulative), down 1.8 percentage points year on year |
| Selling, general and administrative expenses | ¥627 million (cumulative 2Q) |
| Results for the three months of the current quarter | Net Sales ¥394 million, operating income of ¥23 million, ordinary income of ¥20 million, net income attributable to owners of the parent of ¥1 million, and EBITDA of ¥39 million |
| Full-year earnings forecast | Net Sales ¥1,632 million / Operating profit ¥100 million / Ordinary income ¥88 million / Profit attributable to owners of the parent ¥58 million / EBITDA ¥175 million |
| Progress against full-year forecast | Net Sales 47.9% / Operating profit 18.3% / Ordinary income 14.3% / Profit attributable to owners of the parent 9.6% / EBITDA 28.4% |
| Self-assessment against the plan | Results remained at the initial budget level, and the company judged that the full-year earnings forecast was progressing smoothly. |
| Segment results | Enterprise Business segment Net Sales ¥335 million (2Q cumulative, down 5.6% year on year) / Consumer Business segment Net Sales ¥446 million (2Q cumulative, up 233.2% year on year) |
| Breakdown of Factors Affecting the Change | Factors Consolidation contribution from the 2 subsidiaries acquired through M&A in the previous fiscal year / Amount Not disclosed, Factors M&A-Related Costs / Amount ¥41 million, Factors Large-scale cancellations and downselling / Amount Not disclosed |
| Key KPIs | Indicator name Cumulative number of corporate customers under contract / Value 1,447 companies / Year on year against the same period last year Not disclosed, Indicator name Cumulative flier members / Value Over 1.3 million / Year on year against the same period last year Not disclosed, Indicator name Number of book summaries published / Value Over 4,400 / Year on year against the same period last year Not disclosed, Indicator name Number of partner publishers / Value More than 190 / Year on year against the same period last year Not disclosed, Indicator name Number of partner bookstores / Value More than 190 / Year on year against the same period last year Not disclosed, Indicator name flier business MRR / Value ¥49 million / Year on year against the same period last year CAGR22.4%, Indicator name Net Revenue Churn Rate / Value 1.87 % / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Indicator name Number of companies contracting with the flier business / Value 572 companies, Indicator name ARPA / Value ¥87 thousand |
| Number of employees | Number of Employees 56 People / As of End of August 2026 |
| Orders received and order backlog | Orders received for training, schools and other services: ¥184 million in the second quarter |
| Market Size / Share | Japan's generative AI market: ¥1,777.4 billion in 2030, ¥118.8 billion in 2023, and ¥687.9 billion in 2025 |
| New initiatives | AI Problem-Solving Search (Beta), flier Summary Book Club, Full-scale rollout of training on generative AI applications and organizational development support, Strengthening and expansion of the school business |
Items this document does not state (11)
Gross Profit MarginNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresKey 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 company explained that the consolidation contribution from the 2 subsidiaries acquired through M&A in the previous fiscal year came fully on stream, M&A and PMI-related expenses settled down, and the school business progressed steadily, driving revenue growth and profit improvement. It also explained that the impact of large-scale cancellations and downselling continues in the enterprise business.
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.
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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.