Komori
Earnings3804System D Inc.Information and Communications, Services and Others

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending October 2026 (Japanese GAAP) (Consolidated)

During the interim period, net sales increased 8.2% year on year, driven by the delivery of large projects at the fiscal year-end and steady growth in stock revenue. Operating profit was broadly flat, while interim net income attributable to owners of the parent declined 8.1%, due in part to the recognition of an impairment loss of ¥56.490 million.

Worth reading
59In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
8.2
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 November 2025 to 30 April 2026ConsolidatedJapanese GAAP
Net Sales3,027¥ millionYear on year +8.2%Progress 54.6%
Operating profit652¥ millionYear on year 0.0%Progress 63.4%
Ordinary income655¥ millionYear on year +0.1%Progress 63.8%
Net income attributable to owners of the parent410¥ millionYear on year -8.1%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥21.31
Financial position at period-end
Total assets7,607¥ million
of which net assets 5,269 ¥ millionEquity ratio 69.3%vs. prior year-end +1.3pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+830,603
Investment-805,471
Financials-225,309
Net change-200,177

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥1,900,717 thousand
Segment revenueSoftware business ¥2,943,471 thousand, Other ¥84,398 thousand
Segment profitSoftware business ¥881,712 thousand, Other ¥8,662 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥5,541 million (YoY +10.1%)
Operating profit¥1,028 million (YoY +9.6%)
Ordinary income¥1,026 million (YoY +8.8%)
Profit attributable to owners of the parent¥703 million (YoY +12.0%)
Annual Dividend Forecast¥28 → ¥11
Factors Behind Changes in Business Performance

Multiple business divisions delivered large projects at the fiscal year-end, while stock revenue also continued to build steadily.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsEffective 1 May 2026, the company split each common share into 3 shares and accordingly changed the total number of authorized shares from 16,000,000 to 48,000,000.
Impairment loss¥56,490 thousand
Breakdown of extraordinary income (loss)Impairment Losses ¥56,490 thousand
Depreciation and amortization¥19,960 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (対象者:Not disclosed)
Issued Shares at Period-End19,494,000 Shares
Treasury Shares at Period-End238,917 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 November 2025 to 30 April 2026
Net Sales¥3,027 million (YoY +8.2%)
Operating profit¥652 million (YoY 0.0%)
Ordinary income¥655 million (YoY +0.1%)
Profit attributable to owners of the parent¥410 million (YoY -8.1%)
Net income per share¥21.31
Equity ratioEnd of the current fiscal period 69.3% / End of previous period 68.0%
Total assets¥7,607 million
Net assets¥5,269 million
Cash flows from operating activities¥830,603 thousand
Cash flows from investing activities¥-805,471 thousand
Cash flows from financing activities¥-225,309 thousand
Cash and cash equivalents at end of period¥1,900,717 thousand
Full-year earnings forecastNet Sales ¥5,541 million (YoY +10.1%) / Operating profit ¥1,028 million (YoY +9.6%) / Ordinary income ¥1,026 million (YoY +8.8%) / Profit attributable to owners of the parent ¥703 million (YoY +12.0%)
Annual Dividend Forecast¥28 → ¥11
Segment revenueSoftware business ¥2,943,471 thousand, Other ¥84,398 thousand
Segment profitSoftware business ¥881,712 thousand, Other ¥8,662 thousand
Depreciation and amortization¥19,960 thousand
Impairment loss¥56,490 thousand
Breakdown of extraordinary income (loss)Impairment Losses ¥56,490 thousand
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsEffective 1 May 2026, the company split each common share into 3 shares and accordingly changed the total number of authorized shares from 16,000,000 to 48,000,000.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (対象者:Not disclosed)
Issued Shares at Period-End19,494,000 Shares
Treasury Shares at Period-End238,917 Shares
Factors Behind Changes in Business PerformanceMultiple business divisions delivered large projects at the fiscal year-end, while stock revenue also continued to build steadily.
Items this document does not state (6)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog

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 explains that net sales and operating profit both exceeded the initial plan as multiple business divisions delivered large projects at the fiscal year-end and stock revenue continued to build steadily.

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.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending October 2026 (Japanese GAAP) (Consolidated) | System D Inc. (3804) timely disclosure | Komori