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Presentation materials for financial results3562No.1 Co.,LtdTrading & Wholesale

Earnings Presentation Materials for the Second Quarter of the Fiscal Year Ending February 2027

In the second quarter of the fiscal year ending February 2027, revenue and gross profit reached record highs, owing in part to contributions from companies added through M&A. Meanwhile, operating profit fell below the year-earlier level as investments in personnel and AI, as well as M&A-related expenses, increased, although the company says it secured the operating profit projected in its full-year plan.

Worth reading
71In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-19
¥ millions (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFiscal year ending February 2027, second quarter13 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥9,801 million+28.0%
Operating profit¥571 million-3.2%
Ordinary income¥534 million-19.1%
Net income¥304 million-6.3%
Gross Profit Margin51.8
Operating profit margin5.8
Selling, general and administrative expenses¥4,506 million
Results for the three months of the current quarterQuarterly revenue and operating profit are presented as a quarterly performance trend.
Full-year earnings forecast
Net Sales
¥21,200 million
EBITDA
¥2,488 million
Operating profit
¥1,650 million
Ordinary income
¥1,590 million
Profit attributable to owners of the parent
¥1,000 million
Earnings per share
¥152.34
Annual dividend per share
¥79
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Secured the operating profit projected in the plan / Major companies were generally in line with or ahead of plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Revenue increase¥2,146 million
  • Increase in costs of sales¥-628 million
  • Increase in SG&A expenses¥-1,537 million
New initiatives
  • Introduction of an AI agent platform
  • Promotion of projects leveraging generative AI
  • Launch of sales of the AI-enabled UTM “GP3000”
  • Launch of sales of the Wi-Fi multi-router “LR100”
  • Integrated security solution “No.1 Biz SOC” scheduled to launch in November 2026
Key KPIsA metric the company considers important as a management benchmark.
  • No.1 units sold4,602 Units
  • No.1 new customers293 companies
  • Number of new No.1 Business Support contracts265 Engagements
  • No.1 Business Support average churn rate0.9 %
  • アレクソン units sold13,673 Units
  • i-station electricity and other contracts sold3,555 Engagements
  • i-station DX products sold10,938 Engagements
  • i-station SX products sold535 Engagements
  • Stock revenue ratio21.4 %
    Year on year against the same period last yearUp 6.1 percentage points year on year
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • No.1 Business Support contracts held5,141 Engagements
    Quarter-on-quarter change-50
  • Average customer spend14,700 yen/month
    Quarter-on-quarter change100
  • Average churn rate0.9 %
Segment results
No.1
Net Sales
¥4,864 million+4.1%
Operating profit
¥167 million-9.1%
アレクソン
Net Sales
¥2,651 million+0.6%
Operating profit
¥460 million-3.9%
アイ・ステーション
Net Sales
¥1,375 million
Operating profit
¥-0.8 million
Other
Net Sales
¥1,549 million+73.5%
Operating profit
¥166 million+404.3%
Medium-term management plan targets
Plan nameEvolution2027
Revenue for the fiscal year ending February 2027
¥21,200 million
Operating profit for the fiscal year ending February 2027
¥1,650 million
Revenue for the fiscal year ending February 2030
240 Hundreds of millions of yen
Operating profit for the fiscal year ending February 2030
34 Hundreds of millions of yen
Market Size / Share
  • Domestic cybersecurity market sizeApproximately ¥0.9 trillion
    As ofAt the time of formulation in 2025
  • Future target for the domestic cybersecurity marketMore than ¥3 trillion
    As ofWithin 10 years
  • Number of group customersApproximately 41,000 companies
Number of employees
Number of Employees996 People
Reference dateEnd of August 2026
Capital expenditures
¥244 million
Annual Dividend
Annual
¥79
Payout ratio
50 %
DOE
6 % floor
Acquisition of treasury shares
The policy is to conduct share repurchases flexibly within the bounds of financial discipline. The repurchase limit, number of shares and period are Not disclosed
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFiscal year ending February 2027, second quarter
Net Sales¥9,801 million (YoY +28.0%)
Operating profit¥571 million (YoY -3.2%)
Ordinary income¥534 million (YoY -19.1%)
Net income¥304 million (YoY -6.3%)
Gross Profit Margin51.8
Operating profit margin5.8
Selling, general and administrative expenses¥4,506 million
Results for the three months of the current quarterQuarterly revenue and operating profit are presented as a quarterly performance trend.
Full-year earnings forecastNet Sales ¥21,200 million / EBITDA ¥2,488 million / Operating profit ¥1,650 million / Ordinary income ¥1,590 million / Profit attributable to owners of the parent ¥1,000 million / Earnings per share ¥152.34 / Annual dividend per share ¥79
Self-assessment against the planSecured the operating profit projected in the plan / Major companies were generally in line with or ahead of plan
Segment resultsNo.1 Net Sales ¥4,864 million (YoY +4.1%) / Operating profit ¥167 million (YoY -9.1%) / アレクソン Net Sales ¥2,651 million (YoY +0.6%) / Operating profit ¥460 million (YoY -3.9%) / アイ・ステーション Net Sales ¥1,375 million / Operating profit ¥-0.8 million / Other Net Sales ¥1,549 million (YoY +73.5%) / Operating profit ¥166 million (YoY +404.3%)
Breakdown of Factors Affecting the ChangeFactors Revenue increase / Amount ¥2,146 million, Factors Increase in costs of sales / Amount ¥-628 million, Factors Increase in SG&A expenses / Amount ¥-1,537 million
Key KPIsIndicator name No.1 units sold / Value 4,602 Units / Year on year against the same period last year Not disclosed, Indicator name No.1 new customers / Value 293 companies / Year on year against the same period last year Not disclosed, Indicator name Number of new No.1 Business Support contracts / Value 265 Engagements / Year on year against the same period last year Not disclosed, Indicator name No.1 Business Support average churn rate / Value 0.9 % / Year on year against the same period last year Not disclosed, Indicator name アレクソン units sold / Value 13,673 Units / Year on year against the same period last year Not disclosed, Indicator name i-station electricity and other contracts sold / Value 3,555 Engagements / Year on year against the same period last year Not disclosed, Indicator name i-station DX products sold / Value 10,938 Engagements / Year on year against the same period last year Not disclosed, Indicator name i-station SX products sold / Value 535 Engagements / Year on year against the same period last year Not disclosed, Indicator name Stock revenue ratio / Value 21.4 % / Year on year against the same period last year Up 6.1 percentage points year on year
Unit price and quantity metricsIndicator name No.1 Business Support contracts held / Value 5,141 Engagements / Quarter-on-quarter change -50 Engagements, Indicator name Average customer spend / Value 14,700 yen/month / Quarter-on-quarter change 100 yen/month, Indicator name Average churn rate / Value 0.9 % / Quarter-on-quarter change Not disclosed
Number of employeesNumber of Employees 996 People / Reference date End of August 2026
Medium-term management plan targetsPlan name Evolution2027 / Revenue for the fiscal year ending February 2027 ¥21,200 million / Operating profit for the fiscal year ending February 2027 ¥1,650 million / Revenue for the fiscal year ending February 2030 240 Hundreds of millions of yen / Operating profit for the fiscal year ending February 2030 34 Hundreds of millions of yen
Annual DividendAnnual ¥79 / Interim Not disclosed / End of period Not disclosed
Payout ratio50 %
Acquisition of treasury sharesThe policy is to conduct share repurchases flexibly within the bounds of financial discipline. The repurchase limit, number of shares and period are Not disclosed
Capital expenditures¥244 million
Market Size / ShareItem Domestic cybersecurity market size / Value Approximately ¥0.9 trillion / As of At the time of formulation in 2025, Item Future target for the domestic cybersecurity market / Value More than ¥3 trillion / As of Within 10 years, Item Number of group customers / Value Approximately 41,000 companies
New initiativesIntroduction of an AI agent platform, Promotion of projects leveraging generative AI, Launch of sales of the AI-enabled UTM “GP3000”, Launch of sales of the Wi-Fi multi-router “LR100”, Integrated security solution “No.1 Biz SOC” scheduled to launch in November 2026
Items this document does not state (7)
Progress against full-year forecastNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsOrders 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 increased on steady sales of information security equipment and contributions from 4 companies consolidated since the second half of the previous fiscal year. Operating profit was affected by increases in personnel investment of ¥102 million, including hiring, training and improved compensation; ¥165 million in amortization of goodwill and customer-related assets associated with M&A; and ¥1,460 million in selling, general and administrative expenses resulting from the increase in consolidated subsidiaries.

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Earnings Presentation Materials for the Second Quarter of the Fiscal Year Ending February 2027 | No.1 Co.,Ltd (3562) timely disclosure | Komori