Worth reading
77Important
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
4.7
¥100 million (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending December 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales19.97 Hundreds of millions of yen+51.5%
Operating profit3.83 Hundreds of millions of yen
Net income1.92 Hundreds of millions of yen
Gross Profit Margin63.5 %
Operating profit margin19.2 %
Selling, general and administrative expenses¥883.7 million
Results for the three months of the current quarterNet sales of ¥1,997 million, gross profit of ¥1,267 million, operating profit of ¥383 million, and net income of ¥192 million. Revenue by function was ¥819 million from advertising, ¥1,083 million from surveys, and ¥93 million from point management and other activities.
Full-year earnings forecast
Net Sales
70.8 Hundreds of millions of yen
Operating profit
7.3 Hundreds of millions of yen
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 Sales28.2
Operating profit52.5
Net income51.2
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing smoothly against the earnings forecastBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Strengthening of advertising functions, addition of point management functions, a higher mix of high-gross-margin functions, and the scaling back of survey projects that do not generate recurring revenue. On a like-for-like basis, advertising increased by ¥121 million, surveys decreased by ¥230 million, other activities increased by ¥22 million, and adjusted operating profit increased by ¥128 million.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Demand for advertising and surveys increases in March, making the first quarter the largest contributor to profit. Operating profit in the second and third quarters is expected to decline from the first quarter. The point market was ¥2,657 billion in fiscal 2023 and ¥2,813 billion in fiscal 2024, and is forecast to reach ¥3,284 billion in fiscal 2028.New initiatives
- Restructuring the operating framework around AI
- Reallocating resources to growth areas, including point management functions
- Transitioning the business structure from labor-intensive operations to a platform-based model
- Expanding new partnerships through API integrations, product transfers, and M&A
Key KPIsA metric the company considers important as a management benchmark.
- ARPU¥60.7Year on year against the same period last year+50.2%
- MAU1,096.1 10,000 peopleYear on year against the same period last year+0.8%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
ARPU: ¥60.7; MAU: 10.961 millionMedium-term management plan targets
GMOリサーチ&AI aims to return to profitability in the fiscal year ending December 2026 and achieve a high profit margin in the fiscal year ending December 2027. GMO STOCK POINT aims to achieve profitability in 2028.Market Size / Share
Internet advertising media spend (outstream advertising)¥417.8 billion
Internet research market¥84.7 billion
Point market¥2,657 billion in fiscal 2023, ¥2,813 billion in fiscal 2024, and ¥3,284 billion forecast for fiscal 2028
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | 19.97 Hundreds of millions of yen (YoY +51.5%) |
| Operating profit | 3.83 Hundreds of millions of yen |
| Net income | 1.92 Hundreds of millions of yen |
| Gross Profit Margin | 63.5 % |
| Operating profit margin | 19.2 % |
| Selling, general and administrative expenses | ¥883.7 million |
| Results for the three months of the current quarter | Net sales of ¥1,997 million, gross profit of ¥1,267 million, operating profit of ¥383 million, and net income of ¥192 million. Revenue by function was ¥819 million from advertising, ¥1,083 million from surveys, and ¥93 million from point management and other activities. |
| Full-year earnings forecast | Net Sales 70.8 Hundreds of millions of yen / Operating profit 7.3 Hundreds of millions of yen |
| Progress against full-year forecast | Net Sales 28.2 / Operating profit 52.5 / Net income 51.2 |
| Self-assessment against the plan | Progressing smoothly against the earnings forecast |
| Breakdown of Factors Affecting the Change | Strengthening of advertising functions, addition of point management functions, a higher mix of high-gross-margin functions, and the scaling back of survey projects that do not generate recurring revenue. On a like-for-like basis, advertising increased by ¥121 million, surveys decreased by ¥230 million, other activities increased by ¥22 million, and adjusted operating profit increased by ¥128 million. |
| Key KPIs | Indicator name ARPU / Value ¥60.7 / Year on year against the same period last year ¥50.2, Indicator name MAU / Value 1,096.1 10,000 people / Year on year against the same period last year 0.8 10,000 people |
| Unit price and quantity metrics | ARPU: ¥60.7; MAU: 10.961 million |
| Assumptions Underlying the Business Outlook | Demand for advertising and surveys increases in March, making the first quarter the largest contributor to profit. Operating profit in the second and third quarters is expected to decline from the first quarter. The point market was ¥2,657 billion in fiscal 2023 and ¥2,813 billion in fiscal 2024, and is forecast to reach ¥3,284 billion in fiscal 2028. |
| Medium-term management plan targets | GMOリサーチ&AI aims to return to profitability in the fiscal year ending December 2026 and achieve a high profit margin in the fiscal year ending December 2027. GMO STOCK POINT aims to achieve profitability in 2028. |
| Market Size / Share | Internet advertising media spend (outstream advertising) ¥417.8 billion / Internet research market ¥84.7 billion / Point market ¥2,657 billion in fiscal 2023, ¥2,813 billion in fiscal 2024, and ¥3,284 billion forecast for fiscal 2028 |
| New initiatives | Restructuring the operating framework around AI, Reallocating resources to growth areas, including point management functions, Transitioning the business structure from labor-intensive operations to a platform-based model, Expanding new partnerships through API integrations, product transfers, and M&A |
Items this document does not state (12)
Ordinary incomeSegment resultsNumber of stores and locationsNumber of employeesRisk 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.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Revenue functions expanded and the gross profit margin improved as advertising and point management functions were added and GMOタウンWiFi and GMO STOCK POINT joined the Group. The decline in survey revenue reflects the policy of not accepting labor-intensive projects that do not generate recurring revenue.
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.