Komori
Presentation materials for financial results3645Medical Net,Inc.Information and Communications, Services and Others

Q1 Financial Results Briefing Materials for the Fiscal Year Ending May 2027

In the first quarter, revenue declined 0.4% year on year, while operating profit shifted from a profit of ¥24 million to an operating loss of ¥21 million. The full-year forecast was maintained, and the company is pursuing growth investments including M&A, AI-related services and the launch of new products.

Worth reading
77Important
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
-45
¥ millions (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFirst quarter of the fiscal year ending May 202712 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,554 million-0.4%
Operating profit¥-21 million
Ordinary income¥-36 million
Net income¥-42 million
Gross Profit Margin27.7 % / percentage points
Operating profit margin-1.4 % / percentage points
Selling, general and administrative expenses¥452 million
Results for the three months of the current quarterRevenue: ¥1,554 million; operating loss: ¥21 million; ordinary loss: ¥36 million; net loss attributable to owners of the parent: ¥42 million. Figures are for the first quarter alone.
Full-year earnings forecast
Net Sales
¥7,000 million
Operating profit
¥300 million
Ordinary income
¥277 million
Profit attributable to owners of the parent
¥146 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 Sales22.2 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing above plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Change in operating profitRevenue decline: -¥6 million; increase in net purchases: -¥60 million; decrease in personnel expenses: +¥23 million; increase in advertising expenses: -¥4 million; decrease in other expenses: +¥2 million; total: -¥45 million
Selling, general and administrative expensesDecrease in personnel expenses, increase in advertising expenses, decrease in other expenses
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Orders for the PLUS media platform in the dental field are expected to remain strong; the company plans to strengthen service promotion, expand the business through M&A, capture synergies between the pharmaceutical and measuring equipment sales business and the dental distribution business, expand the dental business in Thailand and increase revenue from the dental distribution business. Labour costs are expected to increase in connection with the introduction of AI systems and development of a new website, as are personnel expenses and costs related to new services. Numerical assumptions are not disclosed.
New initiatives
  • Planned acquisition of all shares in 有限会社板倉歯科器材店
  • Launch of the AIO structured services, AI advertising and AI-related services
  • Trial introduction of Dentwave caddie
  • Launch of the AI agent business
  • Launch of bundled sales of digital equipment
  • Launch of consumer sales of whitening agents
  • New launch of the Class 3 OTC drug ケイヒ末［顆粒］GS
Key KPIsA metric the company considers important as a management benchmark.
  • Number of registered dental healthcare professionals57,951 people
  • Thai e-commerce app revenue mix20 %
    Year on year against the same period last yearFlat
  • Number of employees285 people
Segment results
Media Platform
Net Sales
¥206 million
Year-on-year change in amount
¥-48 million
Profit
¥74 million
Year-on-year change in profit
¥-52 million
Healthcare institution management support
Net Sales
¥1,171 million
Year-on-year change in amount
¥19 million
Profit
¥10 million
Year-on-year change in profit
¥-2 million
Medical B2B
Net Sales
¥70 million
Year-on-year change in amount
¥37 million
Profit
¥12 million
Year-on-year change in profit
¥12 million
Cloud Integration
Net Sales
¥105 million
Year-on-year change in amount
¥-18 million
Profit
¥18 million
Year-on-year change in profit
¥-7 million
Other
Net Sales
¥0 million
Profit
¥0 million
Medium-term management plan targets
Target fiscal yearFiscal years ending May 2028 to May 2029
Net Sales
¥12,000 million
Operating profit
¥1,500 million
Number of stores and locations
The domestic dental distribution business operates from 4 locations in Tokyo, Osaka, Miyazaki and Kagoshima. The number of store openings and closures during the period is not disclosed.
Number of employees
Number of Employees285 people
Record date31 August 2026
Hiring plan3 mid-career hires; 7 new graduates in April 2027
Capital expenditures
¥75 million system investment plan
Annual Dividend
Fiscal year ending May 2026
Annual Dividend
¥3 per share
Forecast for the fiscal year ending May 2027
Annual Dividend
¥3 per share
Payout ratio
Fiscal year ending May 202620.2 %
Forecast for the fiscal year ending May 202719.1 %
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFirst quarter of the fiscal year ending May 2027
Net Sales¥1,554 million (YoY -0.4%)
Operating profit¥-21 million
Ordinary income¥-36 million
Net income¥-42 million
Gross Profit Margin27.7 % / percentage points
Operating profit margin-1.4 % / percentage points
Selling, general and administrative expenses¥452 million
Results for the three months of the current quarterRevenue: ¥1,554 million; operating loss: ¥21 million; ordinary loss: ¥36 million; net loss attributable to owners of the parent: ¥42 million. Figures are for the first quarter alone.
Full-year earnings forecastNet Sales ¥7,000 million / Operating profit ¥300 million / Ordinary income ¥277 million / Profit attributable to owners of the parent ¥146 million
Progress against full-year forecastNet Sales 22.2 %
Self-assessment against the planProgressing above plan
Segment resultsMedia Platform Net Sales ¥206 million / Year-on-year change in amount ¥-48 million / Profit ¥74 million / Year-on-year change in profit ¥-52 million / Healthcare institution management support Net Sales ¥1,171 million / Year-on-year change in amount ¥19 million / Profit ¥10 million / Year-on-year change in profit ¥-2 million / Medical B2B Net Sales ¥70 million / Year-on-year change in amount ¥37 million / Profit ¥12 million / Year-on-year change in profit ¥12 million / Cloud Integration Net Sales ¥105 million / Year-on-year change in amount ¥-18 million / Profit ¥18 million / Year-on-year change in profit ¥-7 million / Other Net Sales ¥0 million / Profit ¥0 million
Breakdown of Factors Affecting the ChangeChange in operating profit Revenue decline: -¥6 million; increase in net purchases: -¥60 million; decrease in personnel expenses: +¥23 million; increase in advertising expenses: -¥4 million; decrease in other expenses: +¥2 million; total: -¥45 million / Selling, general and administrative expenses Decrease in personnel expenses, increase in advertising expenses, decrease in other expenses
Key KPIsIndicator name Number of registered dental healthcare professionals / Value 57,951 people / Year on year against the same period last year Not disclosed, Indicator name Thai e-commerce app revenue mix / Value 20 % / Year on year against the same period last year Flat, Indicator name Number of employees / Value 285 people / Year on year against the same period last year Not disclosed
Number of stores and locationsThe domestic dental distribution business operates from 4 locations in Tokyo, Osaka, Miyazaki and Kagoshima. The number of store openings and closures during the period is not disclosed.
Number of employeesNumber of Employees 285 people / Record date 31 August 2026 / Change during the period Not disclosed / Hiring plan 3 mid-career hires; 7 new graduates in April 2027
Assumptions Underlying the Business OutlookOrders for the PLUS media platform in the dental field are expected to remain strong; the company plans to strengthen service promotion, expand the business through M&A, capture synergies between the pharmaceutical and measuring equipment sales business and the dental distribution business, expand the dental business in Thailand and increase revenue from the dental distribution business. Labour costs are expected to increase in connection with the introduction of AI systems and development of a new website, as are personnel expenses and costs related to new services. Numerical assumptions are not disclosed.
Medium-term management plan targetsTarget fiscal year Fiscal years ending May 2028 to May 2029 / Net Sales ¥12,000 million / Operating profit ¥1,500 million
Annual DividendFiscal year ending May 2026 Annual Dividend ¥3 per share / Interim Not disclosed / End of period Not disclosed / Forecast for the fiscal year ending May 2027 Annual Dividend ¥3 per share / Interim Not disclosed / End of period Not disclosed
Payout ratioFiscal year ending May 2026 20.2 % / Forecast for the fiscal year ending May 2027 19.1 %
Capital expenditures¥75 million (system investment plan)
New initiativesPlanned acquisition of all shares in 有限会社板倉歯科器材店, Launch of the AIO structured services, AI advertising and AI-related services, Trial introduction of Dentwave caddie, Launch of the AI agent business, Launch of bundled sales of digital equipment, Launch of consumer sales of whitening agents, New launch of the Class 3 OTC drug ケイヒ末［顆粒］GS
Items this document does not state (7)
Unit price and quantity metricsRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey 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 medical B2B business, domestic dental distribution business and Thai dental clinic operations increased revenue, while the media and platform business and cloud integration business remained sluggish. The increase in net purchases was the main factor behind the decline in operating profit, while lower personnel expenses and other expenses provided support. Foreign exchange losses due to currency fluctuations also contributed to the ordinary loss.

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.
Q1 Financial Results Briefing Materials for the Fiscal Year Ending May 2027 | Medical Net,Inc. (3645) timely disclosure | Komori