Worth reading
76Important
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
500
Millions of yen (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Financial Results PresentationFirst quarter of the fiscal year ending December 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales5,516 Millions of yen+15.9%
Operating profit853 Millions of yen+141.8%
Ordinary income¥834 million +180.0%profit before tax for the quarter
Net income540 Millions of yen +175.1%profit for the quarter attributable to owners of the parent
Selling, general and administrative expenses2,896 Millions of yen
Results for the three months of the current quarterRevenue of ¥5,516 million, operating profit of ¥853 million, profit before tax of ¥834 million, and profit for the quarter attributable to owners of the parent of ¥540 million
Full-year earnings forecast
Revenue
23,500 Millions of yen
Cost of sales
7,000 Millions of yen
Gross profit
16,500 Millions of yen
SG&A expenses and other expenses
11,700 Millions of yen
Operating profit
4,800 Millions of yen
Income before taxes
4,750 Millions of yen
Profit for the period attributable to owners of the parent
3,200 Millions of yen
Basic earnings per share
¥35.35
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。The progress rate is not disclosed. The company states that progress toward the first-half and full-year forecasts is on track.
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
On track / in line with the planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Revenue growth758 Millions of yenImpact on operating profitProfit growth
- Increase in cost of sales-129 Millions of yenImpact on operating profitProfit decrease
- Increase in SG&A expenses and other expenses-144 Millions of yenImpact on operating profitProfit decrease
- Other16 Millions of yenImpact on operating profitProfit growth
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The company targets a 100% cloud adoption rate by the end of 2028. The shift to cloud software among automotive parts wholesalers is expected to progress from mid-2026 onward.New initiatives
- Launch of the Maintenance.c cloud service for the automotive maintenance industry for WECARS
- Expansion of EDI and B2B e-commerce on the order management platform
Key KPIsA metric the company considers important as a management benchmark.
- Cloud adoption rate (quarter-end)37.4 %
- ARR (quarter-end MRR × 12)6,907 Millions of yen
- Number of licenses (quarter-end)22,090 Licensing
- ARPL (monthly revenue per license)¥26,058
- Recurring revenue ratio72.4 %Year on year against the same period last year+0.1 percentage points year on year
Unit price and quantity metricsThese figures show sales broken down by price and volume.
22,090 licenses and ARPL of ¥26,058. Year-on-year comparisons for the same period are not disclosed.Segment results
Not disclosed (revenue by service category only)Capital expenditures
-1,120 Millions of yen cash flow from investing activities
Annual Dividend
Annual Dividend¥15 per share
Interim Dividend¥7.5 per share
Year-end dividend¥7.5 per share
Payout ratio
42.4| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | 5,516 Millions of yen (YoY +15.9%) |
| Operating profit | 853 Millions of yen (YoY +141.8%) |
| Ordinary income | ¥834 million (profit before tax for the quarter) (YoY +180.0%) |
| Net income | 540 Millions of yen (profit for the quarter attributable to owners of the parent) (YoY +175.1%) |
| Selling, general and administrative expenses | 2,896 Millions of yen |
| Results for the three months of the current quarter | Revenue of ¥5,516 million, operating profit of ¥853 million, profit before tax of ¥834 million, and profit for the quarter attributable to owners of the parent of ¥540 million |
| Full-year earnings forecast | Revenue 23,500 Millions of yen / Cost of sales 7,000 Millions of yen / Gross profit 16,500 Millions of yen / SG&A expenses and other expenses 11,700 Millions of yen / Operating profit 4,800 Millions of yen / Income before taxes 4,750 Millions of yen / Profit for the period attributable to owners of the parent 3,200 Millions of yen / Basic earnings per share ¥35.35 |
| Progress against full-year forecast | The progress rate is not disclosed. The company states that progress toward the first-half and full-year forecasts is on track. |
| Self-assessment against the plan | On track / in line with the plan |
| Segment results | Not disclosed (revenue by service category only) |
| Breakdown of Factors Affecting the Change | Factors Revenue growth / Amount 758 Millions of yen / Impact on operating profit Profit growth, Factors Increase in cost of sales / Amount -129 Millions of yen / Impact on operating profit Profit decrease, Factors Increase in SG&A expenses and other expenses / Amount -144 Millions of yen / Impact on operating profit Profit decrease, Factors Other / Amount 16 Millions of yen / Impact on operating profit Profit growth |
| Key KPIs | Indicator name Cloud adoption rate (quarter-end) / Value 37.4 % / Year on year against the same period last year Not disclosed, Indicator name ARR (quarter-end MRR × 12) / Value 6,907 Millions of yen / Year on year against the same period last year Not disclosed, Indicator name Number of licenses (quarter-end) / Value 22,090 Licensing / Year on year against the same period last year Not disclosed, Indicator name ARPL (monthly revenue per license) / Value ¥26,058 / Year on year against the same period last year Not disclosed, Indicator name Recurring revenue ratio / Value 72.4 % / Year on year against the same period last year +0.1 percentage points year on year |
| Unit price and quantity metrics | 22,090 licenses and ARPL of ¥26,058. Year-on-year comparisons for the same period are not disclosed. |
| Assumptions Underlying the Business Outlook | The company targets a 100% cloud adoption rate by the end of 2028. The shift to cloud software among automotive parts wholesalers is expected to progress from mid-2026 onward. |
| Annual Dividend | Annual Dividend ¥15 per share / Interim Dividend ¥7.5 per share / Year-end dividend ¥7.5 per share |
| Payout ratio | 42.4 |
| Capital expenditures | -1,120 Millions of yen (cash flow from investing activities) |
| New initiatives | Launch of the Maintenance.c cloud service for the automotive maintenance industry for WECARS, Expansion of EDI and B2B e-commerce on the order management platform |
Items this document does not state (11)
Gross Profit MarginOperating profit marginNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial 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.As customers continued to strengthen their digital transformation initiatives amid labor shortages and demand for greater operational efficiency, the company promoted the migration to cloud services and the adoption of higher-value-added services. Profit was boosted by the revenue increase while investment in expanded functionality and enhanced performance continued.
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.