Worth reading
65In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
4
¥100 million (increase in operating profit and ordinary profit forecasts)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsSecond quarter of the fiscal year ending September 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥6,668 million+127.7%
Operating profit¥539 million+494.6%
Ordinary income¥480 million+192.3%
Net income¥428 million+282.7%
Selling, general and administrative expenses¥3,950 million
Results for the three months of the current quarter
Net Sales
36.9 Hundreds of millions of yen
Ordinary income
3.4 Hundreds of millions of yen
Full-year earnings forecast
Net Sales
162 Hundreds of millions of yen
Operating profit
17 Hundreds of millions of yen
Ordinary income
17 Hundreds of millions of yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Reuse¥1,335 million
Recycling¥424 million
Social Care¥-319 million
Global Talent¥8 million
Other¥-2 million
Ordinary income
Reuse and Recycling¥479 million
Social Care¥-193 million
Corporate Expenses and Other¥23 million
Gain on Valuation of the Company's Own Share Price¥0 million
Gains on interest and foreign exchange¥-78 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
GIGA School device replacement target
1,000 10,000 units
First bidding peakMarch–August 2026
Lead time from bidding to revenue recognitionApproximately 3 months
New initiatives
- Strengthening sales of refurbished devices through a partnership with Mercari
- Opening a daytime service support-type group home in Midori Ward, Nagoya
- Roll-up M&A in the Social Care business
- Strengthening the system for sending foreign personnel from Indonesia and Vietnam
Key KPIsA metric the company considers important as a management benchmark.
Quarterly Recycling business revenue
¥1,631 million+255.1%
Quarterly Reuse business revenue
¥1,672 million+113.8%
Quarterly Social Care revenue
¥353 million+84.9%
Quarterly revenue from foreign workers
¥83 million+78.6%
Number of partner municipalities
768 Local government
Population coverage
73.3 %
Online salon members
5,000 participants
Cumulative number of entrants into Japan
766 People
Unit price and quantity metricsThese figures show sales broken down by price and volume.
PC selling price per unitHigher
Number of used PCs collectedSignificant increase
Segment results
Reuse and Recycling
Net Sales
¥5,870 million+142.8%
Ordinary income
¥990 million+193.1%
Social Care
Net Sales
¥790 million+71.9%
Ordinary income
0 Hundreds of millions of yen-3.2%
Corporate Expenses and Other
Ordinary income
¥-500 million
Medium-term management plan targets
Social Care business
Target fiscal yearFY2030
Net Sales¥7.0–9.0 billion
Operating profit¥1.4-1.8 billion
Daytime support facilities70-90 buildings
Fiscal year ended September 2025 actual
Net Sales¥1.2bn
Operating profit¥10 million
Daytime support facilities3 facilities
Market Size / Share
Phase 1 GIGA School devicesApproximately 10 million units
Number of employees
Specified Skilled Worker personnel
19 People
Hiring plan for the fiscal year ending September 2030
300 People
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Second quarter of the fiscal year ending September 2026 |
| Net Sales | ¥6,668 million (YoY +127.7%) |
| Operating profit | ¥539 million (YoY +494.6%) |
| Ordinary income | ¥480 million (YoY +192.3%) |
| Net income | ¥428 million (YoY +282.7%) |
| Selling, general and administrative expenses | ¥3,950 million |
| Results for the three months of the current quarter | Net Sales 36.9 Hundreds of millions of yen / Operating profit Not disclosed / Ordinary income 3.4 Hundreds of millions of yen |
| Full-year earnings forecast | Net Sales 162 Hundreds of millions of yen / Operating profit 17 Hundreds of millions of yen / Ordinary income 17 Hundreds of millions of yen |
| Segment results | Reuse and Recycling Net Sales ¥5,870 million (YoY +142.8%) / Ordinary income ¥990 million (YoY +193.1%) / Social Care Net Sales ¥790 million (YoY +71.9%) / Ordinary income 0 Hundreds of millions of yen (YoY -3.2%) / Corporate Expenses and Other Ordinary income ¥-500 million |
| Breakdown of Factors Affecting the Change | Net Sales Reuse ¥1,335 million / Recycling ¥424 million / Social Care ¥-319 million / Global Talent ¥8 million / Other ¥-2 million / Ordinary income Reuse and Recycling ¥479 million / Social Care ¥-193 million / Corporate Expenses and Other ¥23 million / Gain on Valuation of the Company's Own Share Price ¥0 million / Gains on interest and foreign exchange ¥-78 million |
| Key KPIs | Quarterly Recycling business revenue ¥1,631 million (YoY +255.1%) / Quarterly Reuse business revenue ¥1,672 million (YoY +113.8%) / Quarterly Social Care revenue ¥353 million (YoY +84.9%) / Quarterly revenue from foreign workers ¥83 million (YoY +78.6%) / Number of partner municipalities 768 Local government / Population coverage 73.3 % / Online salon members 5,000 participants / Cumulative number of entrants into Japan 766 People |
| Unit price and quantity metrics | PC selling price per unit Higher / Number of used PCs collected Significant increase |
| Number of employees | Specified Skilled Worker personnel 19 People / Hiring plan for the fiscal year ending September 2030 300 People |
| Assumptions Underlying the Business Outlook | GIGA School device replacement target 1,000 10,000 units / First bidding peak March–August 2026 / Lead time from bidding to revenue recognition Approximately 3 months |
| Medium-term management plan targets | Social Care business Target fiscal year FY2030 / Net Sales ¥7.0–9.0 billion / Operating profit ¥1.4-1.8 billion / Daytime support facilities 70-90 buildings / Fiscal year ended September 2025 actual Net Sales ¥1.2bn / Operating profit ¥10 million / Daytime support facilities 3 facilities |
| Market Size / Share | Phase 1 GIGA School devices Approximately 10 million units |
| New initiatives | Strengthening sales of refurbished devices through a partnership with Mercari, Opening a daytime service support-type group home in Midori Ward, Nagoya, Roll-up M&A in the Social Care business, Strengthening the system for sending foreign personnel from Indonesia and Vietnam |
Items this document does not state (13)
Gross Profit MarginOperating profit marginProgress against full-year forecastSelf-assessment against the planNumber of stores and locationsRisk amount incorporated into the outlookFinancial 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.The Reuse and Recycling business performed strongly. In addition to incorporating some highly certain GIGA School project opportunities into the full-year forecasts, the volume and selling prices for existing B2C collection activities also exceeded expectations.
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.