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Financial results presentation3323RECOMM CO.,LTD.Trading & Wholesale

Financial Results Briefing Materials for the Third Quarter of the Fiscal Year Ending September 2026

For the nine months ended the third quarter, revenue and operating profit exceeded the year-earlier period, driven by deliveries and revenue recognition for overseas AI server projects and the consolidation of acquired companies. The three key metrics reached record highs. The full-year earnings forecast was left unchanged because delivery timing for core products remains uncertain, despite the potential for upside in the fourth quarter.

Worth reading
90Important
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
179
Millions of yen (year-on-year increase in operating profit)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationQ3 FY202614 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥12,434 million+25.5%
Operating profit¥463 million+62.8%
Ordinary income¥410 million+24.1%
Net income¥225 million+15.3%
Selling, general and administrative expensesReported as having decreased. Amount and SG&A-to-revenue ratio: Not disclosed
Results for the three months of the current quarter
Revenue
¥5,469 million
Operating profit
¥436 million
Income before taxes
¥426 million
Profit attributable to owners of the parent
¥202 million
EBITDA
¥498 million
Full-year earnings forecast
Revenue
¥14,800 million
Operating profit
¥550 million
Income before taxes
¥560 million
Profit attributable to owners of the parent
¥320 million
EBITDA
¥757 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。
Revenue84.0%
Operating profit84.2%
Income before taxes73.2%
Profit attributable to owners of the parent70.3%
EBITDA84.9%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
There is potential to exceed the full-year plan through additional profit accumulation in the fourth quarter.
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Overseas AI server sales¥2,965 million
  • Newly consolidated sales from カワハラ事務機¥248 million
  • One-time expenses related to M&A acquisitions¥-120 million
  • Increase in consolidation adjustments¥-201 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Delivery timing for high-priced core products remains uncertain. Numerical assumptions: Not disclosed
New initiatives
  • Making Lumitron a subsidiary and entering the Singapore lighting market
  • Making カワハラ事務機 a subsidiary and expanding the sales network in the Tohoku region
  • Launch of the AI Agent Business
  • Establishing sales offices in Aomori, Koriyama and Ichinomiya
Key KPIsA metric the company considers important as a management benchmark.
  • EBITDA¥643 million
    Year on year against the same period last year150.1%
  • Overseas solutions business order backlog¥15 100 million
  • Lumitron's share of the Singapore domestic market5 %
  • Equity ratio34.5 %
    Year on year against the same period last yearDown 5.3 percentage points from 39.8% at the end of the previous fiscal year
Segment results
Overseas solutions business
Revenue
¥8,740 million+34.9%
Segment profit
¥610 million+55.5%
Domestic solutions business
Revenue
¥3,320 million+11.6%
Segment profit
¥243 million+141.0%
DX Business
Revenue
¥374 million-17.4%
Segment profit
¥-8 million
Medium-term management plan targets
Target fiscal yearFiscal year ending September 2027
Revenue CAGR20% or higher
Operating profit margin10% or higher
ROE20% or higher
Financial targets
ROE
Fiscal year ending September 2026 plan6 %
Fiscal year ending September 2027 target20% or higher
Market Size / Share
Lumitron's share of the Singapore domestic marketApproximately 5%
Orders received and order backlog
Order backlog
Overseas AI servers, as of the end of the second quarter¥15 100 million
Number of stores and locations
Number of domestic locations29 Location
Opened during the periodEstablished the Aomori, Koriyama and Ichinomiya sales offices
M&A locations during the periodConsolidated the Morioka head office and Takizawa sales office of カワハラ事務機
Number of employees
482 people
As ofEnd of June 2026
Hiring planNew graduates joining in April 2026: 7 overseas and 21 domestic
Annual Dividend
¥1.2 per share
Payout ratio
Dividends linked to earnings, based on a payout ratio of 30%
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredQ3 FY2026
Net Sales¥12,434 million (YoY +25.5%)
Operating profit¥463 million (YoY +62.8%)
Ordinary income¥410 million (YoY +24.1%)
Net income¥225 million (YoY +15.3%)
Selling, general and administrative expensesReported as having decreased. Amount and SG&A-to-revenue ratio: Not disclosed
Results for the three months of the current quarterRevenue ¥5,469 million / Operating profit ¥436 million / Income before taxes ¥426 million / Profit attributable to owners of the parent ¥202 million / EBITDA ¥498 million
Full-year earnings forecastRevenue ¥14,800 million / Operating profit ¥550 million / Income before taxes ¥560 million / Profit attributable to owners of the parent ¥320 million / EBITDA ¥757 million
Progress against full-year forecastRevenue 84.0% / Operating profit 84.2% / Income before taxes 73.2% / Profit attributable to owners of the parent 70.3% / EBITDA 84.9%
Self-assessment against the planThere is potential to exceed the full-year plan through additional profit accumulation in the fourth quarter.
Segment resultsOverseas solutions business Revenue ¥8,740 million (YoY +34.9%) / Segment profit ¥610 million (YoY +55.5%) / Domestic solutions business Revenue ¥3,320 million (YoY +11.6%) / Segment profit ¥243 million (YoY +141.0%) / DX Business Revenue ¥374 million (YoY -17.4%) / Segment profit ¥-8 million
Breakdown of Factors Affecting the ChangeFactors Overseas AI server sales / Amount ¥2,965 million, Factors Newly consolidated sales from カワハラ事務機 / Amount ¥248 million, Factors One-time expenses related to M&A acquisitions / Amount ¥-120 million, Factors Increase in consolidation adjustments / Amount ¥-201 million
Key KPIsIndicator name EBITDA / Value ¥643 million / Year on year against the same period last year 150.1%, Indicator name Overseas solutions business order backlog / Value ¥15 100 million / Year on year against the same period last year Not disclosed, Indicator name Lumitron's share of the Singapore domestic market / Value 5 % / Year on year against the same period last year Not disclosed, Indicator name Equity ratio / Value 34.5 % / Year on year against the same period last year Down 5.3 percentage points from 39.8% at the end of the previous fiscal year
Number of stores and locationsNumber of domestic locations 29 Location / Opened during the period Established the Aomori, Koriyama and Ichinomiya sales offices / M&A locations during the period Consolidated the Morioka head office and Takizawa sales office of カワハラ事務機
Number of employees482 people
Assumptions Underlying the Business OutlookDelivery timing for high-priced core products remains uncertain. Numerical assumptions: Not disclosed
Medium-term management plan targetsTarget fiscal year Fiscal year ending September 2027 / Revenue CAGR 20% or higher / Operating profit margin 10% or higher / ROE 20% or higher
Financial targetsROE Fiscal year ending September 2026 plan 6 % / Fiscal year ending September 2027 target 20% or higher
Annual Dividend¥1.2 per share
Payout ratioDividends linked to earnings, based on a payout ratio of 30%
Orders received and order backlogOrder backlog ¥15 100 million / Orders received Not disclosed
Market Size / ShareLumitron's share of the Singapore domestic market Approximately 5%
New initiativesMaking Lumitron a subsidiary and entering the Singapore lighting market, Making カワハラ事務機 a subsidiary and expanding the sales network in the Tohoku region, Launch of the AI Agent Business, Establishing sales offices in Aomori, Koriyama and Ichinomiya
Items this document does not state (7)
Gross Profit MarginOperating profit marginUnit price and quantity metricsRisk amount incorporated into the outlookAcquisition 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 main drivers of higher revenue were increased orders for overseas AI servers and the delivery and revenue recognition of an order backlog of approximately ¥1.5 billion as of the end of the second quarter. Additional contributions came from the new consolidation of カワハラ事務機 and Lumitron, increased UTM and LED sales in the domestic business, the restructuring of the sales organization, and the control of indirect costs.

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Financial Results Briefing Materials for the Third Quarter of the Fiscal Year Ending September 2026 | RECOMM CO.,LTD. (3323) timely disclosure | Komori