Worth reading
37Immaterial
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
35
¥100 million (monthly GMV)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Summary of Q&ASecond quarter of the fiscal year ending September 20266 items taken from the company’s own explanation
What the company explained in this material
Key points of the Q&AKey questions raised by investors at the briefing and the company's answers
- Timing and significance of achieving monthly GMV of ¥3.5 billion, and the outlook for full-year profitability
- Reasons for the decline in GMV gross margin and ways to improve it
- Impact on performance from the Hokkaido Government benefit-payment project
- Business areas and organizational structure toward GMV of ¥100 billion in 2028
- Growth investments in AI, human resources and systems
- Planned termination of shareholder benefits and shareholder return policy
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Target GMV gross margin5.0%
- Monthly GMV¥3.5 billion
New initiatives
- Real-time visualization of GMV gross margin using AI
- AI-based fraud detection, inventory management and server monitoring
- Organizational plan to maintain a workforce of approximately 70 employees and improve productivity through the use of AI
- End one-on-one lunches with the representative director after the March 2027 shareholder benefit, and establish new opportunities for dialogue, such as roundtable discussions
Key KPIsA metric the company considers important as a management benchmark.
- Monthly GMV35 Hundreds of millions of yen
- Target GMV gross margin5.0 %
- Annualized GMV420 Hundreds of millions of yen
- Annual GMV gross profitApproximately 21
- Operating profit10 Hundreds of millions of yen
- Current fiscal year's GMVMore than 250
Medium-term management plan targets
- TargetGMV of ¥100 billionTarget fiscal yearFiscal year ending September 2028 onward
- TargetLaunch 10 business areas, each with a scale of ¥10 billionTarget fiscal year2028
Number of employees
Number of EmployeesApproximately 70 employees (plan toward GMV of ¥100 billion in 2028; the previous assumption was 100 employees)
| Item | Details |
|---|---|
| Document type | Summary of Q&A |
| Fiscal Period Covered | Second quarter of the fiscal year ending September 2026 |
| Key KPIs | Indicator name Monthly GMV / Value 35 Hundreds of millions of yen / Year on year against the same period last year Not disclosed, Indicator name Target GMV gross margin / Value 5.0 % / Year on year against the same period last year Not disclosed, Indicator name Annualized GMV / Value 420 Hundreds of millions of yen / Year on year against the same period last year Not disclosed, Indicator name Annual GMV gross profit / Value Approximately 21 / Year on year against the same period last year Not disclosed, Indicator name Operating profit / Value 10 Hundreds of millions of yen / Year on year against the same period last year Not disclosed, Indicator name Current fiscal year's GMV / Value More than 250 / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees Approximately 70 employees (plan toward GMV of ¥100 billion in 2028; the previous assumption was 100 employees) / Changes during the period and hiring plan Not disclosed |
| Assumptions Underlying the Business Outlook | Item Target GMV gross margin / Value 5.0%, Item Monthly GMV / Value ¥3.5 billion |
| Medium-term management plan targets | Target GMV of ¥100 billion / Target fiscal year Fiscal year ending September 2028 onward, Target Launch 10 business areas, each with a scale of ¥10 billion / Target fiscal year 2028 |
| Key points of the Q&A | Timing and significance of achieving monthly GMV of ¥3.5 billion, and the outlook for full-year profitability, Reasons for the decline in GMV gross margin and ways to improve it, Impact on performance from the Hokkaido Government benefit-payment project, Business areas and organizational structure toward GMV of ¥100 billion in 2028, Growth investments in AI, human resources and systems, Planned termination of shareholder benefits and shareholder return policy |
| New initiatives | Real-time visualization of GMV gross margin using AI, AI-based fraud detection, inventory management and server monitoring, Organizational plan to maintain a workforce of approximately 70 employees and improve productivity through the use of AI, End one-on-one lunches with the representative director after the March 2027 shareholder benefit, and establish new opportunities for dialogue, such as roundtable discussions |
Items this document does not state (23)
Net SalesOperating profitOrdinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / Share
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.To provide answers and explanations from the representative director in response to questions received from investors when the second-quarter results for the fiscal year ending September 2026 were announced.
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.