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Financial results presentation3696CERES INC.Information and Communications, Services and Others

Financial Results Briefing Materials for the First Quarter of the Fiscal Year Ending December 2026

In Q1 of the fiscal year ending December 2026, revenue and profit increased, driven by growth in the Points business and Financial Services business. Operating profit more than doubled year on year, while ordinary profit increased approximately 4.4-fold. The company also announced a share buyback and the acquisition of SQUIZ.

Worth reading
72In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
23.9
Year-on-year revenue growth (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFirst quarter of the fiscal year ending December 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥9,521 million+23.9%
Operating profit¥1,731 million+101.2%
Ordinary income¥1,561 million+342.8%
Net income¥993 million
Selling, general and administrative expenses¥2,698 million
Results for the three months of the current quarter
Net Sales
¥9,521 million
Operating profit
¥1,731 million
Ordinary income
¥1,561 million
Net income
¥993 million
Full-year earnings forecast
Net Sales
¥357 100 million
Operating profit
¥28 100 million
Ordinary income
¥28 100 million
Net income for the current fiscal year
¥16 100 million
EBITDA
¥34.5 100 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 Sales26.7%
Operating profit61.8%
Ordinary income55.8%
Net income for the current fiscal year62.1%
EBITDA51.1%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue is progressing steadily against the earnings forecast. Operating profit is progressing well ahead of plan, substantially exceeding the profit conservatively factored into the Points business forecast.
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Operating profit
FY2025 Q1860
Points1,302
D2C-217
DX-290
マーキュリー33
Labol57
CVC56
Adjustments and other items-70
FY2026 Q11,731
Ordinary income
FY2025 Q1352
Operating profit (loss)870
Equity-Method Investment Income and Loss327
Other non-operating income (loss)30
FY2026 Q11,561
New initiatives
  • Acquisition of a 90% stake in SQUIZ, an online medical consultation platform
  • Full-scale entry into TikTok GO and commencement of support as an authorized agency
  • Share repurchases
Key KPIsA metric the company considers important as a management benchmark.
  • Points revenue¥7,999 million
    Year on year against the same period last year+62.1%
  • Points gross margin39.1 %
    Year on year against the same period last year+18.5%
  • Moppy revenue¥6,146 million
    Year on year against the same period last year+41.8%
  • Moppy gross margin35.6 %
  • Moppy active members675 10,000 people
    Year on year against the same period last year+14.4%
  • Moppy ARPU¥929
  • studio15 GMV2,433 Index, with July 2025 = 100
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Moppy active members675 10,000 people
    Year on year against the same period last year+14.4%
  • Moppy ARPU¥929
Segment results
  • Mobile Services Business
    Net Sales¥8,882 million (YoY +18.1%)
    Operating profit¥2,320 million (YoY +50.7%)
  • Points
    Net Sales¥7,999 million (YoY +62.1%)
    Operating profit¥2,454 million (YoY +113.0%)
  • D2C
    Net Sales¥898 million (YoY -19.3%)
    Operating profit¥-87 million
  • Financial Services Business
    Net Sales¥647 million (YoY +297.3%)
    Operating profit¥-209 million
Medium-term management plan targets
Target fiscal year2030
Net Sales
¥600 100 million
EBITDA
¥120 100 million
2025 actual
Net Sales
¥296 100 million
EBITDA
¥53 100 million
Market Size / Share
GMV of the lifestyle services business on the Chinese version of the app
2021¥0.3 trillion
2022¥0.8 trillion
2023¥7.2 trillion
2024¥12.5 trillion
2025¥20.1 trillion
Acquisition of treasury shares
Maximum number of shares to be acquired¥350,000 100 million
Maximum total acquisition cost¥5 100 million
Acquisition period1 May 2026 to 30 December 2026
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFirst quarter of the fiscal year ending December 2026
Net Sales¥9,521 million (YoY +23.9%)
Operating profit¥1,731 million (YoY +101.2%)
Ordinary income¥1,561 million (YoY +342.8%)
Net income¥993 million
Selling, general and administrative expenses¥2,698 million
Results for the three months of the current quarterNet Sales ¥9,521 million / Operating profit ¥1,731 million / Ordinary income ¥1,561 million / Net income ¥993 million
Full-year earnings forecastNet Sales ¥357 100 million / Operating profit ¥28 100 million / Ordinary income ¥28 100 million / Net income for the current fiscal year ¥16 100 million / EBITDA ¥34.5 100 million
Progress against full-year forecastNet Sales 26.7% / Operating profit 61.8% / Ordinary income 55.8% / Net income for the current fiscal year 62.1% / EBITDA 51.1%
Self-assessment against the planRevenue is progressing steadily against the earnings forecast. Operating profit is progressing well ahead of plan, substantially exceeding the profit conservatively factored into the Points business forecast.
Segment resultsSegment Mobile Services Business / Net Sales ¥8,882 million (YoY +18.1%) / Operating profit ¥2,320 million (YoY +50.7%), Segment Points / Net Sales ¥7,999 million (YoY +62.1%) / Operating profit ¥2,454 million (YoY +113.0%), Segment D2C / Net Sales ¥898 million (YoY -19.3%) / Operating profit ¥-87 million, Segment Financial Services Business / Net Sales ¥647 million (YoY +297.3%) / Operating profit ¥-209 million
Breakdown of Factors Affecting the ChangeOperating profit FY2025 Q1 860 / Points 1,302 / D2C -217 / DX -290 / マーキュリー 33 / Labol 57 / CVC 56 / Adjustments and other items -70 / FY2026 Q1 1,731 / Ordinary income FY2025 Q1 352 / Operating profit (loss) 870 / Equity-Method Investment Income and Loss 327 / Other non-operating income (loss) 30 / FY2026 Q1 1,561
Key KPIsIndicator name Points revenue / Value ¥7,999 million / Year on year against the same period last year +62.1%, Indicator name Points gross margin / Value 39.1 % / Year on year against the same period last year +18.5%, Indicator name Moppy revenue / Value ¥6,146 million / Year on year against the same period last year +41.8%, Indicator name Moppy gross margin / Value 35.6 % / Year on year against the same period last year Not disclosed, Indicator name Moppy active members / Value 675 10,000 people / Year on year against the same period last year +14.4%, Indicator name Moppy ARPU / Value ¥929 / Year on year against the same period last year Not disclosed, Indicator name studio15 GMV / Value 2,433 Index, with July 2025 = 100 / Year on year against the same period last year Not disclosed
Unit price and quantity metricsIndicator name Moppy active members / Value 675 10,000 people / Year on year against the same period last year +14.4%, Indicator name Moppy ARPU / Value ¥929 / Year on year against the same period last year Not disclosed
Medium-term management plan targetsTarget fiscal year 2030 / Net Sales ¥600 100 million / EBITDA ¥120 100 million / 2025 actual Net Sales ¥296 100 million / EBITDA ¥53 100 million
Acquisition of treasury sharesMaximum number of shares to be acquired ¥350,000 100 million / Maximum total acquisition cost ¥5 100 million / Acquisition period 1 May 2026 to 30 December 2026
Market Size / ShareGMV of the lifestyle services business on the Chinese version of the app 2021 ¥0.3 trillion / 2022 ¥0.8 trillion / 2023 ¥7.2 trillion / 2024 ¥12.5 trillion / 2025 ¥20.1 trillion
New initiativesAcquisition of a 90% stake in SQUIZ, an online medical consultation platform, Full-scale entry into TikTok GO and commencement of support as an authorized agency, Share repurchases
Items this document does not state (12)
Gross Profit MarginOperating profit marginNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioCapital 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.

In the Points business, performance was supported by strong results from Moppy's financial offers, an increase in active members, and the PMI impact of Point Income. In Financial Services, growth in Labol's brand awareness and GMV, along with a reduction in Mercury's loss, contributed to results. By contrast, D2C reported lower revenue and profit because Pitsole sales volumes fell short of expectations and the development of new products was delayed.

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Financial Results Briefing Materials for the First Quarter of the Fiscal Year Ending December 2026 | CERES INC. (3696) timely disclosure | Komori