Worth reading
62In focus
Scored from 4 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
11.7
% (year-on-year increase in net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter (interim period) of the fiscal year ending March 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales8,819 Millions of yen+11.7%
Ordinary income1,704 Millions of yen+10.2%
Net income1,045 Millions of yen+8.3%
Gross Profit Margin41.9 %
Selling, general and administrative expenses1,989 Millions of yen
Results for the three months of the current quarter
Outsourcing expenses
Q2, year-earlier period563 Millions of yen
Current-period Q2284 Millions of yen
Full-year earnings forecast
Net Sales
20,200 Millions of yen
Ordinary income
3,700 Millions of yen
Profit attributable to owners of the parent
2,300 Millions of yen
Year-end dividend
¥8.2 per share
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。
Ordinary income
46 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Broadly as expectedBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Increase in sales
926 Millions of yen
Increase in gross profit
516 Millions of yen
Higher SG&A Expenses
343 Millions of yen
Breakdown of selling, general and administrative expenses
Personnel expenses (SG&A)
171 Millions of yen
Recruitment costs
71 Millions of yen
Other SG&A expenses
100 Millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Expected to be weighted toward the second half. Numerical assumptions: Not disclosedNew initiatives
- Integrated branding through the standardization of company names and logo designs across group companies
- ULSコンサルティング, ULSパブリス and アークウェイ becoming wholly owned subsidiaries
- Launch of the Japanese-language version of the change management qualification and training program “Change Management v3”
- Development and rollout of high-value-added services, including AI-driven related services
Key KPIsA metric the company considers important as a management benchmark.
- Customer Base147 companies
- New customers24 companies
- Share of revenue from the top 5 customers34 %
- Repeat rate from the previous fiscal year97 %
- Number of consultants766 PeopleYear on year against the same period last year+14.5%
- Outsourcing costs569 Millions of yenYear on year against the same period last year-50.6%
Number of employees
Consolidated headcount
889 People
Record date30 September 2026
Number of consultants
766 People
Change from previous fiscal year-end53
Group-wide number of hires
101 People
SG&A headcount
123 People
Headcount increase vs. year-earlier period20
Annual Dividend
¥8.2 per share
Year-end dividend8.2
Payout ratio
20～30
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending March 2027 |
| Net Sales | 8,819 Millions of yen (YoY +11.7%) |
| Ordinary income | 1,704 Millions of yen (YoY +10.2%) |
| Net income | 1,045 Millions of yen (YoY +8.3%) |
| Gross Profit Margin | 41.9 % |
| Selling, general and administrative expenses | 1,989 Millions of yen |
| Results for the three months of the current quarter | Outsourcing expenses Q2, year-earlier period 563 Millions of yen / Current-period Q2 284 Millions of yen |
| Full-year earnings forecast | Net Sales 20,200 Millions of yen / Ordinary income 3,700 Millions of yen / Profit attributable to owners of the parent 2,300 Millions of yen / Year-end dividend ¥8.2 per share |
| Progress against full-year forecast | Ordinary income 46 % |
| Self-assessment against the plan | Broadly as expected |
| Breakdown of Factors Affecting the Change | Increase in sales 926 Millions of yen / Increase in gross profit 516 Millions of yen / Higher SG&A Expenses 343 Millions of yen / Breakdown of selling, general and administrative expenses Personnel expenses (SG&A) 171 Millions of yen / Recruitment costs 71 Millions of yen / Other SG&A expenses 100 Millions of yen |
| Key KPIs | Customer Base 147 companies, New customers 24 companies, Share of revenue from the top 5 customers 34 %, Repeat rate from the previous fiscal year 97 %, Number of consultants 766 People, Outsourcing costs 569 Millions of yen |
| Number of employees | Consolidated headcount 889 People / Number of consultants 766 People / Group-wide number of hires 101 People / SG&A headcount 123 People |
| Assumptions Underlying the Business Outlook | Expected to be weighted toward the second half. Numerical assumptions: Not disclosed |
| Annual Dividend | ¥8.2 per share |
| Payout ratio | 20～30 |
| New initiatives | Integrated branding through the standardization of company names and logo designs across group companies, ULSコンサルティング, ULSパブリス and アークウェイ becoming wholly owned subsidiaries, Launch of the Japanese-language version of the change management qualification and training program “Change Management v3”, Development and rollout of high-value-added services, including AI-driven related services |
Items this document does not state (13)
Operating profitOperating profit marginSegment resultsUnit price and quantity metricsNumber of stores and locationsRisk 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.Revenue increased on solid demand. An improved gross profit margin and lower subcontracting costs as large projects progressed pushed up profit, while investments in human capital, recruitment expenses, and the strengthening of management and administrative functions increased selling, general and administrative expenses.
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.