Worth reading
70In 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
37.4
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 March 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,481 million+37.4%
Operating profit¥908 million+62.6%
Ordinary income¥927 million+57.6%
Net income¥636 million+54.0%
Operating profit margin36.6 %
Results for the three months of the current quarterRevenue: ¥2,481 million; operating profit: ¥908 million; ordinary profit: ¥927 million; net profit attributable to owners of the parent: ¥636 million
Full-year earnings forecast
Net Sales
¥10,000 million
Operating profit
¥3,250 million
Ordinary income
¥3,350 million
Net income
¥2,350 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 Sales24.8%
Ordinary income27.7%
Net income27.1%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Increase in gross profit due to higher revenue386
Increase in gross profit due to an improved cost ratio14
Increase in operating profit due to lower R&D expenses42
Decrease in operating profit due to higher product maintenance costs-46
Decrease in operating profit due to higher personnel expenses-17
Other-30
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The company expects a temporary decline in productivity during the initial response to new lease accounting compliance projects, free version upgrades associated with certain maintenance contracts, and active investment in product development, DX and talent recruitment.New initiatives
- Full-scale rollout of the new lease accounting compliance SaaS solution “ProPlus＋”
- Provision of a new lease accounting AI solution with ファーストアカウンティング社
- Donations to the Japanese Red Cross Society through the New Lease Accounting Challenge 1100
- Cross-selling fixed assets and other products following new lease accounting compliance, and the resumption of overseas expansion and the TEAM initiative
Key KPIsA metric the company considers important as a management benchmark.
Orders received
¥2,816 million+77.3%
Order backlog
¥6,925 million+21.3%
Stock revenue
¥3,266 million+31.8%
SaaS ARR
¥691 million
Number of SaaS customer companies
109 companies
Number of companies using SaaS
1,194 companies
Segment results
Solutions Business
Net Sales
¥2,329 million+33.2%
SaaS Business
Net Sales
¥126 million+407.6%
Other
Net Sales
¥32 million-20.0%
Medium-term management plan targets
Ordinary income marginOver 30% (throughout the five-year period)
Ordinary profit per employeeOver ¥10 million per employee (as of March 2029)
Revenue CAGR17.1%
Ordinary profit CAGR19.1%
Net SalesOver ¥10 billion (expansion phase) to over ¥15 billion (breakthrough phase)
Market Size / Share
Share of Nikkei 225 constituent companies119 of 225 companies
Share of top-ranked companies by industry revenueOver 50%
Corporate groups using ProPlusOver 5,700 corporate groups
Orders received and order backlog
Orders received
¥2,816 million+77.3%
Order backlog
¥6,925 million+21.3%
Annual Dividend
¥42 per share
Payout ratio
46 %
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥2,481 million (YoY +37.4%) |
| Operating profit | ¥908 million (YoY +62.6%) |
| Ordinary income | ¥927 million (YoY +57.6%) |
| Net income | ¥636 million (YoY +54.0%) |
| Operating profit margin | 36.6 % |
| Results for the three months of the current quarter | Revenue: ¥2,481 million; operating profit: ¥908 million; ordinary profit: ¥927 million; net profit attributable to owners of the parent: ¥636 million |
| Full-year earnings forecast | Net Sales ¥10,000 million / Operating profit ¥3,250 million / Ordinary income ¥3,350 million / Net income ¥2,350 million |
| Progress against full-year forecast | Net Sales 24.8% / Ordinary income 27.7% / Net income 27.1% |
| Segment results | Solutions Business Net Sales ¥2,329 million (YoY +33.2%) / Profit Not disclosed / SaaS Business Net Sales ¥126 million (YoY +407.6%) / Profit Not disclosed / Other Net Sales ¥32 million (YoY -20.0%) / Profit Not disclosed |
| Breakdown of Factors Affecting the Change | Increase in gross profit due to higher revenue 386 / Increase in gross profit due to an improved cost ratio 14 / Increase in operating profit due to lower R&D expenses 42 / Decrease in operating profit due to higher product maintenance costs -46 / Decrease in operating profit due to higher personnel expenses -17 / Other -30 |
| Key KPIs | Orders received ¥2,816 million (YoY +77.3%) / Order backlog ¥6,925 million (YoY +21.3%) / Stock revenue ¥3,266 million (YoY +31.8%) / SaaS ARR ¥691 million / Number of SaaS customer companies 109 companies / Number of companies using SaaS 1,194 companies |
| Assumptions Underlying the Business Outlook | The company expects a temporary decline in productivity during the initial response to new lease accounting compliance projects, free version upgrades associated with certain maintenance contracts, and active investment in product development, DX and talent recruitment. |
| Medium-term management plan targets | Ordinary income margin Over 30% (throughout the five-year period) / Ordinary profit per employee Over ¥10 million per employee (as of March 2029) / Revenue CAGR 17.1% / Ordinary profit CAGR 19.1% / Net Sales Over ¥10 billion (expansion phase) to over ¥15 billion (breakthrough phase) |
| Annual Dividend | ¥42 per share |
| Payout ratio | 46 % |
| Orders received and order backlog | Orders received ¥2,816 million (YoY +77.3%) / Order backlog ¥6,925 million (YoY +21.3%) |
| Market Size / Share | Share of Nikkei 225 constituent companies 119 of 225 companies / Share of top-ranked companies by industry revenue Over 50% / Corporate groups using ProPlus Over 5,700 corporate groups |
| New initiatives | Full-scale rollout of the new lease accounting compliance SaaS solution “ProPlus＋”, Provision of a new lease accounting AI solution with ファーストアカウンティング社, Donations to the Japanese Red Cross Society through the New Lease Accounting Challenge 1100, Cross-selling fixed assets and other products following new lease accounting compliance, and the resumption of overseas expansion and the TEAM initiative |
Items this document does not state (11)
Gross Profit MarginSelling, general and administrative expensesSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesCapital expendituresKey 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.The company cited the launch of new lease accounting compliance projects, the full-scale rollout of the SaaS solution “ProPlus＋,” progress on large-scale projects for social infrastructure, and company-wide improvements in productivity and quality as the reasons for higher revenue and profit.
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.