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Full-Year Financial Results Presentation for the Fiscal Year Ending September 2026

Results presentationFull year, FY ending Sep 2026Published 2026-11-13 15:30

In the fiscal year ending September 2026, GMV increased to ¥32.3 billion, while revenue, gross profit, and operating profit before shareholder returns grew substantially. However, gross margin declined as the company prioritized GMV expansion, and impairment losses were also recognized, leaving operating profit at ¥14 million, below the initial forecast.

Contents of this document

Earnings presentation materialsFull year ended September 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,701 million+182.0%
Operating profit¥14 million
Net income¥-18 million
Gross Profit Margin80%
Selling, general and administrative expenses¥1,292 million
Results for the three months of the current quarter
Gross merchandise value
¥11,515 million
YoY_pct (same quarter)271
Revenue
¥514 million
YoY_pct (same quarter)184
Gross profit
¥369 million
YoY_pct (same quarter)155
Operating profit
¥-31 million
Full-year earnings forecast
Fiscal year ending September 2027
Gross merchandise value
¥55 billion or more
Revenue
¥2,750 million
Distribution Gross Profit
¥2,100 million
Operating profit before returns
¥375 million
Operating profit
¥300 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
GMV significantly exceeded the initial forecast, while operating profit fell short of the initial forecast
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Increase in revenue and gross profit from GMV expansion
  • Shareholder return expenses (recognized in March)¥-19 million
  • Shareholder return expenses (recognized in September)¥-26 million
  • Impairment Losses¥-37 million
New initiatives
  • CtoC service scheduled for release during the fiscal year ending September 2027
  • Expand the shareholder benefits program to holders of 400 or more shares from the March 2028 record date, and increase the benefit amount for holders of 700 or more shares
  • Improve gross margin through fee discounts for recipients
  • Implement AI-powered vulnerability assessments
  • Formulate a policy for reporting and publicly disclosing information leaks and other incidents
Key KPIsA metric the company considers important as a management benchmark.
  • Gross merchandise value¥32,316 million
    Year-on-year (%)249
  • Distribution Gross Margin Rate3.6%
    Year-on-year change (points)▲0.6pt
  • Number of transactions1,711 10,000 accounts
    Year on year against the same period last year+506.5%
  • Quarterly consecutive growth in GMV26 Quarter
  • Number of companies that have decided to introduce shareholder benefits150 companies or more
Medium-term management plan targets
  • Target fiscal yearFiscal year ending September 2027
    TargetGMV of ¥55 billion or more
  • Target fiscal yearFiscal year ending September 2028
    TargetGMV of ¥100 billion or more; GMV gross margin of 4.2%
  • Target fiscal yearEarly 2030s
    TargetGMV of ¥1 trillion; GMV gross margin of 2.0%; gross profit of approximately ¥20 billion
Market Size / Share
  • TAM, SAM, etc.¥45 trillion in consumer cash payments of ¥30,000 or less
  • AdvertisingAdvertising TAM of ¥12 trillion; SAM of approximately ¥4.0 trillion
  • Human Resources SegmentHuman resources TAM of ¥14 trillion; SAM of approximately ¥1.0 trillion
  • Financial sectorFinancial services TAM of ¥19 trillion; SAM of approximately ¥3.0 trillion
  • ShareAim to become Japan's No. 1 in the shareholder benefits segment in 2028
    Figure500 companies introduced
Number of employees
Number of EmployeesApproximately 50 people (comparison with the forecast for the fiscal year ending September 2027); the company states that it had 19 full-time employees at the end of September 2026
Contents of this document
ItemDetails
Document typeEarnings presentation materials
Fiscal Period CoveredFull year ended September 2026
Net Sales¥1,701 million (YoY +182.0%)
Operating profit¥14 million
Net income¥-18 million
Gross Profit Margin80%
Selling, general and administrative expenses¥1,292 million
Results for the three months of the current quarterGross merchandise value ¥11,515 million / Revenue ¥514 million / Gross profit ¥369 million / Operating profit ¥-31 million
Full-year earnings forecastFiscal year ending September 2027 Gross merchandise value ¥55 billion or more / Revenue ¥2,750 million / Distribution Gross Profit ¥2,100 million / Operating profit before returns ¥375 million / Operating profit ¥300 million
Self-assessment against the planGMV significantly exceeded the initial forecast, while operating profit fell short of the initial forecast
Breakdown of Factors Affecting the ChangeFactors Increase in revenue and gross profit from GMV expansion / Amount Not disclosed, Factors Shareholder return expenses (recognized in March) / Amount ¥-19 million, Factors Shareholder return expenses (recognized in September) / Amount ¥-26 million, Factors Impairment Losses / Amount ¥-37 million
Key KPIsIndicator name Gross merchandise value / Value ¥32,316 million / Year-on-year (%) ¥249 million, Indicator name Distribution Gross Margin Rate / Value 3.6% / Year-on-year change (points) ▲0.6pt, Indicator name Number of transactions / Value 1,711 10,000 accounts / Year on year against the same period last year +506.5%, Indicator name Quarterly consecutive growth in GMV / Value 26 Quarter, Indicator name Number of companies that have decided to introduce shareholder benefits / Value 150 companies or more / Year on year against the same period last year Not disclosed
Number of employeesNumber of Employees Approximately 50 people (comparison with the forecast for the fiscal year ending September 2027); the company states that it had 19 full-time employees at the end of September 2026 / Changes and hiring plans during the period Not disclosed
Medium-term management plan targetsTarget fiscal year Fiscal year ending September 2027 / Target GMV of ¥55 billion or more, Target fiscal year Fiscal year ending September 2028 / Target GMV of ¥100 billion or more; GMV gross margin of 4.2%, Target fiscal year Early 2030s / Target GMV of ¥1 trillion; GMV gross margin of 2.0%; gross profit of approximately ¥20 billion
Market Size / ShareMarket Size ¥45 trillion in consumer cash payments of ¥30,000 or less / Subject TAM, SAM, etc., Market Size Advertising TAM of ¥12 trillion; SAM of approximately ¥4.0 trillion / Subject Advertising, Market Size Human resources TAM of ¥14 trillion; SAM of approximately ¥1.0 trillion / Subject Human Resources Segment, Market Size Financial services TAM of ¥19 trillion; SAM of approximately ¥3.0 trillion / Subject Financial sector, Share Aim to become Japan's No. 1 in the shareholder benefits segment in 2028 / Figure 500 companies introduced
New initiativesCtoC service scheduled for release during the fiscal year ending September 2027, Expand the shareholder benefits program to holders of 400 or more shares from the March 2028 record date, and increase the benefit amount for holders of 700 or more shares, Improve gross margin through fee discounts for recipients, Implement AI-powered vulnerability assessments, Formulate a policy for reporting and publicly disclosing information leaks and other incidents
Items this document does not state (15)
Ordinary incomeOperating profit marginProgress against full-year forecastSegment resultsUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk 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.

Full-Year Financial Results Presentation for the Fiscal Year Ending September 2026 | DIGITAL PLUS,Inc. (3691) timely disclosure | Komori