Worth reading
61In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
25
Year-on-year revenue growth (%)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending May 20275 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥416 million+25.0%
Operating profit¥54 million-10.0%
Ordinary income¥56 million
Net income¥42 million-16.0%
Operating profit margin
rate_pct13
Results for the three months of the current quarter
Net Sales¥416 million
Operating profit¥54 million
Ordinary income¥56 million
Net income for the current fiscal year¥42 million
Full-year earnings forecast
Net Sales
¥1,793 million
Operating profit
¥212 million
Operating profit margin
12 %
Ordinary income
¥199 million
Net income for the current fiscal year
¥137 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%
Operating profit26%
Ordinary income29%
Net income for the current fiscal year31%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress against the revenue and profit plans is broadly in line with expectationsBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Ongoing investment in the existing business¥120 million (full-year plan)
- Investment in new initiatives at the Taiwan operation¥110 million (included in the full-year plan)
- Positive impact on earnings from the reduction of one-time expenses related to overseas tax matters in the previous fiscal year¥12 million
New initiatives
- Addition of a cart-abandonment analysis feature to the shop dashboard
- Launch of WorldShopping BIZ Growth, an overseas advertising operations support service
- Launch of an automatic Instagram integration feature for Inbound Navi
- Start of business collaboration with W2 Taiwan
- Expansion of cross-border OMO service WorldShopping BIZ OMO into Europe
- AI-Driven Operational Efficiency
Key KPIsA metric the company considers important as a management benchmark.
- Gross merchandise value (GMV)¥1,893 millionYear on year against the same period last year+25%
- Monthly active shops1,389 shopYear on year against the same period last year+6%
- Customer count22,192 peopleYear on year against the same period last year+24%
- Overseas Revenue Mix96 %
- Asia share of sales52 %
- North America share of sales30 %
- Other regions' share of sales18 %
- Number of Trustpilot reviews16,523 Engagements
- Trustpilot satisfaction rating4.4 /5.0
Market Size / Share
- Cross-border e-commerce market sizeUSD 1.0 trillion (2024) → USD 8.0 trillion (2034)
- Inbound spending by visitors to Japan¥9.5 trillion 2025
- Japan-fan market size8,800 Hundreds of millions of yen
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending May 2027 |
| Net Sales | ¥416 million (YoY +25.0%) |
| Operating profit | ¥54 million (YoY -10.0%) |
| Ordinary income | ¥56 million |
| Net income | ¥42 million (YoY -16.0%) |
| Operating profit margin | rate_pct 13 / yoy_change_points Not disclosed |
| Results for the three months of the current quarter | Net Sales ¥416 million / Operating profit ¥54 million / Ordinary income ¥56 million / Net income for the current fiscal year ¥42 million |
| Full-year earnings forecast | Net Sales ¥1,793 million / Operating profit ¥212 million / Operating profit margin 12 % / Ordinary income ¥199 million / Net income for the current fiscal year ¥137 million |
| Progress against full-year forecast | Net Sales 23% / Operating profit 26% / Ordinary income 29% / Net income for the current fiscal year 31% |
| Self-assessment against the plan | Progress against the revenue and profit plans is broadly in line with expectations |
| Breakdown of Factors Affecting the Change | Factors Ongoing investment in the existing business / Amount ¥120 million (full-year plan), Factors Investment in new initiatives at the Taiwan operation / Amount ¥110 million (included in the full-year plan), Factors Positive impact on earnings from the reduction of one-time expenses related to overseas tax matters in the previous fiscal year / Amount ¥12 million |
| Key KPIs | Indicator name Gross merchandise value (GMV) / Value ¥1,893 million / Year on year against the same period last year +25%, Indicator name Monthly active shops / Value 1,389 shop / Year on year against the same period last year +6%, Indicator name Customer count / Value 22,192 people / Year on year against the same period last year +24%, Indicator name Overseas Revenue Mix / Value 96 % / Year on year against the same period last year Not disclosed, Indicator name Asia share of sales / Value 52 % / Year on year against the same period last year Not disclosed, Indicator name North America share of sales / Value 30 % / Year on year against the same period last year Not disclosed, Indicator name Other regions' share of sales / Value 18 % / Year on year against the same period last year Not disclosed, Indicator name Number of Trustpilot reviews / Value 16,523 Engagements / Year on year against the same period last year Not disclosed, Indicator name Trustpilot satisfaction rating / Value 4.4 /5.0 / Year on year against the same period last year Not disclosed |
| Market Size / Share | Item Cross-border e-commerce market size / Value USD 1.0 trillion (2024) → USD 8.0 trillion (2034), Item Inbound spending by visitors to Japan / Value ¥9.5 trillion (2025), Item Japan-fan market size / Value 8,800 Hundreds of millions of yen |
| New initiatives | Addition of a cart-abandonment analysis feature to the shop dashboard, Launch of WorldShopping BIZ Growth, an overseas advertising operations support service, Launch of an automatic Instagram integration feature for Inbound Navi, Start of business collaboration with W2 Taiwan, Expansion of cross-border OMO service WorldShopping BIZ OMO into Europe, AI-Driven Operational Efficiency |
Items this document does not state (16)
Gross Profit MarginSelling, general and administrative expensesSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey 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.Revenue and transaction volume increased due to the recovery of the North American market, growth in Europe, efforts to strengthen customer acquisition, and support for DDP. Operating profit was affected by upfront strategic investments to strengthen customer acquisition for both existing and new businesses, increases in advertising and sales promotion expenses, and overseas legal and regulatory research costs.
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.