Worth reading
50Recurring
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
1.2
¥ hundred million (increase in total dividends)Wording
Definitive
How definitive the wording is.Contents of this document
Financial results presentationFourth quarter and full year of the fiscal year ended August 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales1,616 Hundreds of millions of yen+25.0%
Operating profit¥203 100 million +15.0%adjusted
Ordinary income¥162 100 million -6.0%adjusted
Net income¥101 100 million -8.0%adjusted
Gross Profit Margin
Rate33.5 %
Year-on-year change (points)-1.1 %
Selling, general and administrative expenses
SG&A-to-sales ratio21 Hundreds of millions of yen
Results for the three months of the current quarter
Net Sales
458 Hundreds of millions of yen+33.0%
Gross Profit Margin
34.6 %
yoy_pct_points-0.2
Adjusted SG&A ratio
19.1 %
yoy_pct_points-3.5
Adjusted operating profit
71 Hundreds of millions of yen+69.0%
Adjusted ordinary profit
71 Hundreds of millions of yen+76.0%
Adjusted net profit
44 Hundreds of millions of yen+40.0%
Full-year earnings forecast
Net Sales
1,600 Hundreds of millions of yen
Adjusted operating profit
200 Hundreds of millions of yen
Adjusted ordinary profit
160 Hundreds of millions of yen
Adjusted net profit
90 Hundreds of millions of yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Exceeded published figures; both revenue and profit exceeded targetsBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Organic growth231 Hundreds of millions of yen
- M&A87 Hundreds of millions of yen
- Back-office operations efficiency-113 people
New initiatives
- Launching M&A through funds and co-investments using external capital
- Improving back-office efficiency through group-wide shared services
- Plan to increase sales headcount by 120
Key KPIsA metric the company considers important as a management benchmark.
- Retention rate (quarterly annualised)93.2 %
- New and expanded46.2 %
- Reduced and churned-24.5 %
- Sales headcount185 people
- Annual revenue per sales employee¥5.5 100 million/person
- Future pipeline build-up642 Hundreds of millions of yen
- Annual number of projects5,788 Engagements
- AI revenue mix28.4 %
- AI gross profit margin, With AI42.3 %
- AI gross profit margin, Native AI54.7 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Monthly project rate
¥452 10,000
Number of projects
5,788 Engagements
Segment results
- TestingNet Sales644 Hundreds of millions of yen
- DevelopmentNet Sales651 Hundreds of millions of yen
- ConsultingNet Sales193 Hundreds of millions of yen
- BPaaSNet Sales52 Hundreds of millions of yen
Number of employees
Change during the period113 back-office employees affected by operational efficiency improvements
Hiring planPlan to increase sales headcount by 120
Annual Dividend
Annual dividend per share¥4.53
Total dividends
11.7 Hundreds of millions of yen
Payout ratio
Rate10 %
As stated in the earnings summary15.8 %
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Fourth quarter and full year of the fiscal year ended August 2026 |
| Net Sales | 1,616 Hundreds of millions of yen (YoY +25.0%) |
| Operating profit | ¥203 100 million (adjusted) (YoY +15.0%) |
| Ordinary income | ¥162 100 million (adjusted) (YoY -6.0%) |
| Net income | ¥101 100 million (adjusted) (YoY -8.0%) |
| Gross Profit Margin | Rate 33.5 % / Year-on-year change (points) -1.1 % |
| Selling, general and administrative expenses | value Not disclosed / SG&A-to-sales ratio 21 Hundreds of millions of yen |
| Results for the three months of the current quarter | Net Sales 458 Hundreds of millions of yen (YoY +33.0%) / Gross Profit Margin 34.6 % / Adjusted SG&A ratio 19.1 % / Adjusted operating profit 71 Hundreds of millions of yen (YoY +69.0%) / Adjusted ordinary profit 71 Hundreds of millions of yen (YoY +76.0%) / Adjusted net profit 44 Hundreds of millions of yen (YoY +40.0%) |
| Full-year earnings forecast | Net Sales 1,600 Hundreds of millions of yen / Adjusted operating profit 200 Hundreds of millions of yen / Adjusted ordinary profit 160 Hundreds of millions of yen / Adjusted net profit 90 Hundreds of millions of yen |
| Self-assessment against the plan | Exceeded published figures; both revenue and profit exceeded targets |
| Segment results | Segment Testing / Net Sales 644 Hundreds of millions of yen / Profit Not disclosed / Year on year against the same period last year Not disclosed, Segment Development / Net Sales 651 Hundreds of millions of yen / Profit Not disclosed / Year on year against the same period last year Not disclosed, Segment Consulting / Net Sales 193 Hundreds of millions of yen / Profit Not disclosed / Year on year against the same period last year Not disclosed, Segment BPaaS / Net Sales 52 Hundreds of millions of yen / Profit Not disclosed / Year on year against the same period last year Not disclosed |
| Breakdown of Factors Affecting the Change | Factors Organic growth / Amount 231 Hundreds of millions of yen, Factors M&A / Amount 87 Hundreds of millions of yen, Factors Back-office operations efficiency / Amount -113 people |
| Key KPIs | Indicator name Retention rate (quarterly annualised) / Value 93.2 % / Year on year against the same period last year Not disclosed, Indicator name New and expanded / Value 46.2 % / Year on year against the same period last year Not disclosed, Indicator name Reduced and churned / Value -24.5 % / Year on year against the same period last year Not disclosed, Indicator name Sales headcount / Value 185 people / Year on year against the same period last year Not disclosed, Indicator name Annual revenue per sales employee / Value ¥5.5 100 million/person / Year on year against the same period last year Not disclosed, Indicator name Future pipeline build-up / Value 642 Hundreds of millions of yen / Year on year against the same period last year Not disclosed, Indicator name Annual number of projects / Value 5,788 Engagements / Year on year against the same period last year Not disclosed, Indicator name AI revenue mix / Value 28.4 % / Year on year against the same period last year Not disclosed, Indicator name AI gross profit margin, With AI / Value 42.3 % / Year on year against the same period last year Not disclosed, Indicator name AI gross profit margin, Native AI / Value 54.7 % / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Average Revenue per Customer Not disclosed / Customer Base Not disclosed / Monthly project rate ¥452 10,000 / Number of projects 5,788 Engagements |
| Number of employees | Number of Employees Not disclosed / Change during the period 113 back-office employees affected by operational efficiency improvements / Hiring plan Plan to increase sales headcount by 120 |
| Annual Dividend | Annual dividend per share ¥4.53 / Interim and Year-End Breakdown Not disclosed / Total dividends 11.7 Hundreds of millions of yen |
| Payout ratio | Rate 10 % / As stated in the earnings summary 15.8 % |
| New initiatives | Launching M&A through funds and co-investments using external capital, Improving back-office efficiency through group-wide shared services, Plan to increase sales headcount by 120 |
Items this document does not state (12)
Operating profit marginProgress against full-year forecastNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesCapital 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.Results improved due to the entrenchment of operational reforms, the contribution of a large-scale M&A transaction, improved utilisation in Q4 and AI's contribution to the gross profit margin, as well as greater efficiency in selling, general and administrative expenses. Net profit exceeded the forecast due in part to the sale of shares in which the company held small equity 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.