Komori
Earnings3834Asahi Net,Inc.Information and Communications, Services and Others

Q1 Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated)

In the first quarter, revenue increased 1.3% year on year, while operating income declined 43.6% and net income for the quarter declined 43.8%. Although revenue grew, profits fell sharply due to higher system-related and promotional expenses, among others.

Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-43.6
%
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026Non-consolidated (standalone)Japanese GAAP
Net Sales3,402¥ millionYear on year +1.3%Progress 24.3%
Operating profit284¥ millionYear on year -43.6%Progress 15.8%
Ordinary income294¥ millionYear on year -42.5%Progress 16.1%
Net income attributable to owners of the parent203¥ millionYear on year -43.8%Progress 15.6%

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¥7.86
Financial position at period-end
Total assets14,855¥ million
of which net assets 12,916 ¥ millionEquity ratio 86.9%vs. prior year-end -3.4pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥14,000 million (YoY +3.6%)
Operating profit¥1,800 million (YoY +0.5%)
Ordinary income¥1,830 million (YoY +0.5%)
Net income¥1,300 million (YoY +0.5%)
Annual Dividend Forecast¥25 → ¥25(0.0%)
Factors Behind Changes in Business Performance

The ISP business, ASAHI Net, reported higher revenue due to an increase in FTTH connection service contracts, while v6 Connect reported higher revenue due to increased data traffic handled. In contrast, manaba reported lower revenue due to the impact of some contract cancellations, and profits at each level declined due to higher line procurement, depreciation, maintenance and outsourcing, raw material and wage, and promotional expenses.

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
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets — million / Total extraordinary loss — million
Depreciation and amortization¥388 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (participants not specified)
Issued Shares at Period-End32,000,000
Treasury Shares at Period-End6,089,002
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 April 2026 to 30 June 2026
Net Sales¥3,402 million (YoY +1.3%)
Operating profit¥284 million (YoY -43.6%)
Ordinary income¥294 million (YoY -42.5%)
Profit attributable to owners of the parent¥203 million (YoY -43.8%)
Net income per share¥7.86
Equity ratioEnd of the current fiscal period 86.9 / End of previous period 90.3
Total assets¥14,855 million
Net assets¥12,916 million
Full-year earnings forecastNet Sales ¥14,000 million (YoY +3.6%) / Operating profit ¥1,800 million (YoY +0.5%) / Ordinary income ¥1,830 million (YoY +0.5%) / Net income ¥1,300 million (YoY +0.5%)
Annual Dividend Forecast¥25 → ¥25(0.0%)
Depreciation and amortization¥388 million
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets — million / Total extraordinary loss — million
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
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (participants not specified)
Issued Shares at Period-End32,000,000
Treasury Shares at Period-End6,089,002
Factors Behind Changes in Business PerformanceThe ISP business, ASAHI Net, reported higher revenue due to an increase in FTTH connection service contracts, while v6 Connect reported higher revenue due to increased data traffic handled. In contrast, manaba reported lower revenue due to the impact of some contract cancellations, and profits at each level declined due to higher line procurement, depreciation, maintenance and outsourcing, raw material and wage, and promotional expenses.
Items this document does not state (15)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossChanges in the scope of consolidationMaterial subsequent events

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 due to growth in the number of FTTH connection service contracts and higher data traffic. However, increased costs for line procurement, depreciation associated with the renewal of the core system, maintenance and outsourcing, higher raw material and wage costs, and intensified promotional activities reduced profit.

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Q1 Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated) | Asahi Net,Inc. (3834) timely disclosure | Komori