Worth reading
71In focus
Scored from 4 of 6 sectionsDirection
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Direction inferred from the company’s description.Scale
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Displayed only when the document provides numerical figures.Wording
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How definitive the wording is.Contents of this document
Summary of Q&AFiscal year ending March 202611 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Results for the three months of the current quarterPackage sales in the fourth quarter were the highest of the fiscal year, but the figures are Not disclosed
Full-year earnings forecastFull-year sales target of ¥5 billion for the fiscal year ending March 2027. Other line items are Not disclosed
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Results for the group as a whole were broadly in line with planKey points of the Q&AKey questions raised by investors at the briefing and the company's answers
Performance evaluation, factors behind the increase in expenses, profitability of the AI business, subscription strategy, sales of ACMS Cloud, shareholder returns, share repurchases, and the nature of advance paymentsBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
The increase in consolidated expenses was attributable to the purchase cost of software other than the Company's own package products
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The tendency for results to be weighted toward the second half is expected to continue in the fiscal year ending March 2027New initiatives
Shifting from a one-time sales model to a subscription model, building an AI product business, expanding sales of ACMS Cloud to large enterprises, and collaborating with デジタルトランスコミュニケーションズ株式会社 on implementation workKey KPIsA metric the company considers important as a management benchmark.
MRR (monthly recurring revenue) increased. The Company's products had been adopted by 3,004 companies at 15,192 sites as of the end of March 2024Medium-term management plan targets
The medium-term management plan for the fiscal years ending March 2026 through March 2028 was discussed. Specific targets are Not disclosedFinancial targets
Total payout ratio of 100%. Management is pursuing a strategy that takes capital efficiency, including ROE, into considerationMarket Size / Share
The Company has established a leading position in Japan's EDI software market. Its products had been adopted by 3,004 companies at 15,192 sites as of the end of March 2024Payout ratio
Total payout ratio of 100%Acquisition of treasury shares
The timing and scale of the share repurchase have not been determined. The Company is actively considering implementation| Item | Details |
|---|---|
| Document type | Summary of Q&A |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Results for the three months of the current quarter | Package sales in the fourth quarter were the highest of the fiscal year, but the figures are Not disclosed |
| Full-year earnings forecast | Full-year sales target of ¥5 billion for the fiscal year ending March 2027. Other line items are Not disclosed |
| Self-assessment against the plan | Results for the group as a whole were broadly in line with plan |
| Breakdown of Factors Affecting the Change | The increase in consolidated expenses was attributable to the purchase cost of software other than the Company's own package products |
| Key KPIs | MRR (monthly recurring revenue) increased. The Company's products had been adopted by 3,004 companies at 15,192 sites as of the end of March 2024 |
| Assumptions Underlying the Business Outlook | The tendency for results to be weighted toward the second half is expected to continue in the fiscal year ending March 2027 |
| Medium-term management plan targets | The medium-term management plan for the fiscal years ending March 2026 through March 2028 was discussed. Specific targets are Not disclosed |
| Financial targets | Total payout ratio of 100%. Management is pursuing a strategy that takes capital efficiency, including ROE, into consideration |
| Payout ratio | Total payout ratio of 100% |
| Acquisition of treasury shares | The timing and scale of the share repurchase have not been determined. The Company is actively considering implementation |
| Market Size / Share | The Company has established a leading position in Japan's EDI software market. Its products had been adopted by 3,004 companies at 15,192 sites as of the end of March 2024 |
| Key points of the Q&A | Performance evaluation, factors behind the increase in expenses, profitability of the AI business, subscription strategy, sales of ACMS Cloud, shareholder returns, share repurchases, and the nature of advance payments |
| New initiatives | Shifting from a one-time sales model to a subscription model, building an AI product business, expanding sales of ACMS Cloud to large enterprises, and collaborating with デジタルトランスコミュニケーションズ株式会社 on implementation work |
Items this document does not state (16)
Net SalesOperating profitOrdinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAnnual DividendCapital expendituresOrders 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 explained that results were broadly in line with plan despite the transition to a four-company group structure. For the AI business, it cited the shift from a contract development model to a recurring-revenue model, as well as the seasonality of package sales and the transition to a subscription model, as factors affecting results. It also attributed the increase in consolidated expenses to the purchase cost of third-party software incurred by a consolidated subsidiary.
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.