Worth reading
86Important
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
25.5
Year-on-year change in net sales (%)Wording
Definitive
How definitive the wording is.Contents of this document
Financial results presentationThird 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 Sales27,938 million yen+25.5%
Operating profit3,074 million yen+58.2%
Ordinary income2,769 million yen+51.9%
Net income3,976 million yen+66.3%
Selling, general and administrative expenses9,424 million yen
Results for the three months of the current quarter
Net Sales
9,174 million yen+43.0%
Operating profit
771 million yen+60.2%
Ordinary income
801 million yen+6.1%
Quarterly net income
2,860 million yen+240.8%
EBITDA
3,584 million yen+165.3%
Full-year earnings forecast
Net Sales
¥370 hundred million
Operating profit
¥37 hundred million
Ordinary income
¥33 hundred million
Net income for the current fiscal year
¥60 hundred million
EBITDA
¥104 hundred 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 Sales75.5%
Operating profit83.1%
Ordinary income83.9%
Net income for the current fiscal year66.3%
EBITDA60.3%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Strong performance in points services offset the downside versus the D2C forecast in revenue, while financial services progressed broadly in line with expectations. Operating profit exceeded expectations due to strong performance in points services.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Operating profit
Points2,449
D2C-535
DX-599
Mercury-19
Labol142
CVC-48
Adjustments and other items-259
Ordinary income
Operating profit (loss)1,130
Equity-Method Investment Income-160
Other non-operating income (loss)-23
New initiatives
- Newly obtained ISMS certification
- Continued provision of shareholder benefits in the form of cryptoassets
Key KPIsA metric the company considers important as a management benchmark.
- Points site revenue+41.0% year on year
- Other sales+33.4% year on year
- Labol GMV2.2x year on year
- Number of shareholders holding at least 1 trading unit11,022 people
- Points gross margin33.9%
Segment results
Mobile Services Business
Net Sales
25,347 million yen+19.9%
Operating profit
4,885 million yen+30.8%
Points
Net Sales
21,894 million yen+54.0%
Operating profit
5,572 million yen+78.4%
D2C
Net Sales
3,518 million yen-8.9%
Operating profit
-395 million yen
Financial Services Business
Net Sales
2,608 million yen+128.2%
Operating profit
-666 million yen
Medium-term management plan targets
Target fiscal year2030
Net Sales¥60 billion
EBITDA¥12.0 billion
ROE15%
Financial targets
ROE15% average ROE in 2030
Actual results15.2% average for 2021–2025
Annual Dividend
Annual dividend per share¥90
Payout ratio
17.4%Acquisition of treasury shares
Amount under the acquisition limitApproximately ¥3.0 billion
CompletedApproximately ¥500 million (1 May 2026–17 June 2026)
FetchingApproximately ¥2.5 billion (2 October 2026–30 September 2027)
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Third quarter of the fiscal year ending December 2026 |
| Net Sales | 27,938 million yen (YoY +25.5%) |
| Operating profit | 3,074 million yen (YoY +58.2%) |
| Ordinary income | 2,769 million yen (YoY +51.9%) |
| Net income | 3,976 million yen (YoY +66.3%) |
| Selling, general and administrative expenses | 9,424 million yen |
| Results for the three months of the current quarter | Net Sales 9,174 million yen (YoY +43.0%) / Operating profit 771 million yen (YoY +60.2%) / Ordinary income 801 million yen (YoY +6.1%) / Quarterly net income 2,860 million yen (YoY +240.8%) / EBITDA 3,584 million yen (YoY +165.3%) |
| Full-year earnings forecast | Net Sales ¥370 hundred million / Operating profit ¥37 hundred million / Ordinary income ¥33 hundred million / Net income for the current fiscal year ¥60 hundred million / EBITDA ¥104 hundred million |
| Progress against full-year forecast | Net Sales 75.5% / Operating profit 83.1% / Ordinary income 83.9% / Net income for the current fiscal year 66.3% / EBITDA 60.3% |
| Self-assessment against the plan | Strong performance in points services offset the downside versus the D2C forecast in revenue, while financial services progressed broadly in line with expectations. Operating profit exceeded expectations due to strong performance in points services. |
| Segment results | Mobile Services Business Net Sales 25,347 million yen (YoY +19.9%) / Operating profit 4,885 million yen (YoY +30.8%) / Points Net Sales 21,894 million yen (YoY +54.0%) / Operating profit 5,572 million yen (YoY +78.4%) / D2C Net Sales 3,518 million yen (YoY -8.9%) / Operating profit -395 million yen / Financial Services Business Net Sales 2,608 million yen (YoY +128.2%) / Operating profit -666 million yen |
| Breakdown of Factors Affecting the Change | Operating profit Points 2,449 / D2C -535 / DX -599 / Mercury -19 / Labol 142 / CVC -48 / Adjustments and other items -259 / Ordinary income Operating profit (loss) 1,130 / Equity-Method Investment Income -160 / Other non-operating income (loss) -23 |
| Key KPIs | Indicator name Points site revenue / Value +41.0% year on year, Indicator name Other sales / Value +33.4% year on year, Indicator name Labol GMV / Value 2.2x year on year, Indicator name Number of shareholders holding at least 1 trading unit / Value 11,022 people, Indicator name Points gross margin / Value 33.9% |
| Medium-term management plan targets | Target fiscal year 2030 / Net Sales ¥60 billion / EBITDA ¥12.0 billion / ROE 15% |
| Financial targets | ROE 15% average ROE in 2030 / Actual results 15.2% average for 2021–2025 |
| Annual Dividend | Annual dividend per share ¥90 / Interim Not disclosed / End of period Not disclosed |
| Payout ratio | 17.4% |
| Acquisition of treasury shares | Amount under the acquisition limit Approximately ¥3.0 billion / Completed Approximately ¥500 million (1 May 2026–17 June 2026) / Fetching Approximately ¥2.5 billion (2 October 2026–30 September 2027) |
| New initiatives | Newly obtained ISMS certification, Continued provision of shareholder benefits in the form of cryptoassets |
Items this document does not state (11)
Gross Profit MarginOperating profit marginUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookCapital expendituresOrders 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.Strong advertising demand, robust financial offers on Moppy, membership growth, strong performance at TikTok Shop-focused studio15, and expansion in Labol's invoice purchasing and GMV were cited as factors behind the increases in revenue and profit. In D2C, however, the company recorded weak Pitsole sales, an impairment loss and a valuation loss on CVC investments.
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.