Komori
Financial results presentation3910MKSystem CorporationInformation and Communications, Services and Others

Earnings Presentation Materials for the Fiscal Year Ending March 2026

For the fiscal year ended March 2026, revenue declined due to the reversal of the prior year's temporary demand in the CuBe business. However, reductions in IDC expenses and outsourcing expenses resulted in operating profit of ¥247 million and net income of ¥256 million, achieving full-year profitability. For the fiscal year ending March 2027, the company expects higher revenue and profit, driven in part by the launch of AI Sharo-Mu.

Worth reading
67In 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
247
¥ millions (operating profit)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFiscal year ending March 202611 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,256 million-1.0%
Operating profit¥247 million
Net income¥256 million net income attributable to owners of the parent
Gross Profit Margin45.2 %
Operating profit margin7.6 %
Results for the three months of the current quarter
Net Sales
¥974 million
Operating profit
¥182 million
Full-year earnings forecast
Fiscal year ending March 2027
Net Sales
¥3,300 million
Gross profit
¥1,627 million
Operating profit
¥270 million
Net income
¥192 million net income attributable to owners of the parent
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Operating profit is expected to exceed the forecast
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Revenue decline¥-34 million
  • Decrease in IDC expenses¥80 million
  • Decrease in outsourced processing costs¥85 million
  • Decrease in outsourcing expenses¥111 million
  • Decrease in sales promotion expenses¥28 million
  • Increase in personnel and labor costs¥-34 million
  • Decrease in other expenses¥11 million
New initiatives
  • Opening the Sharo-Mu Security & AI Support Office
  • Development of AI Sharo-Mu
  • Rollout of an AI agent for onboarding procedures scheduled for July 2026
  • Launch of AI-powered support
Key KPIsA metric the company considers important as a management benchmark.
  • Number of Sharo-Mu labor and social security practice software implementations3,215 companies
  • Number of IDs issued14,253 ID
  • Number of registered companies80 10,000 companies
  • ARPU¥53.8 thousand
  • ARPA¥12.1 thousand
  • Number of offices using the system for labor and social security attorney practices2,343 offices
  • Share of operating offices8.4 %
  • Number of companies using the system at major labor and social security attorney practices49 offices
  • Share of major labor and social security attorney practices47 %
  • Number of registrants for the Labor and Social Security Attorney Summit300 participants
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Adoption3,215 companies
  • ARPU¥53.8 thousand
  • Number of IDs issued14,253 ID
  • ARPA¥12.1 thousand
Segment results
社労夢 business
Net Sales
¥2,419 million
Operating profit
¥220 million
CuBe business
Net Sales
¥847 million
Operating profit
¥17 million
Market Size / Share
  • Companies nationwide368 10,000 companies
  • Companies served by labor and social security attorneys116 10,000 companies
  • Share of operating offices8.4 %
  • Share of major labor and social security attorney practices47 %
Number of employees
130 people
Change during the period130 people, down from 135 people in the previous fiscal year
Capital expenditures
¥170 millions investment in fixed assets
Annual Dividend
Fiscal year ending March 2026
¥8 per share
Forecast for the fiscal year ending March 2027
¥8 per share
Payout ratio
Fiscal year ending March 202616.9 %
Forecast for the fiscal year ending March 202722.6 %
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFiscal year ending March 2026
Net Sales¥3,256 million (YoY -1.0%)
Operating profit¥247 million
Net income¥256 million (net income attributable to owners of the parent)
Gross Profit Margin45.2 %
Operating profit margin7.6 %
Results for the three months of the current quarterNet Sales ¥974 million / Operating profit ¥182 million
Full-year earnings forecastFiscal year ending March 2027 Net Sales ¥3,300 million / Gross profit ¥1,627 million / Operating profit ¥270 million / Net income ¥192 million (net income attributable to owners of the parent)
Self-assessment against the planOperating profit is expected to exceed the forecast
Segment results社労夢 business Net Sales ¥2,419 million / Operating profit ¥220 million / CuBe business Net Sales ¥847 million / Operating profit ¥17 million
Breakdown of Factors Affecting the ChangeFactors Revenue decline / Amount ¥-34 million, Factors Decrease in IDC expenses / Amount ¥80 million, Factors Decrease in outsourced processing costs / Amount ¥85 million, Factors Decrease in outsourcing expenses / Amount ¥111 million, Factors Decrease in sales promotion expenses / Amount ¥28 million, Factors Increase in personnel and labor costs / Amount ¥-34 million, Factors Decrease in other expenses / Amount ¥11 million
Key KPIsIndicator name Number of Sharo-Mu labor and social security practice software implementations / Value 3,215 companies, Indicator name Number of IDs issued / Value 14,253 ID, Indicator name Number of registered companies / Value 80 10,000 companies, Indicator name ARPU / Value ¥53.8 thousand, Indicator name ARPA / Value ¥12.1 thousand, Indicator name Number of offices using the system for labor and social security attorney practices / Value 2,343 offices, Indicator name Share of operating offices / Value 8.4 %, Indicator name Number of companies using the system at major labor and social security attorney practices / Value 49 offices, Indicator name Share of major labor and social security attorney practices / Value 47 %, Indicator name Number of registrants for the Labor and Social Security Attorney Summit / Value 300 participants
Unit price and quantity metricsIndicator name Adoption / Value 3,215 companies, Indicator name ARPU / Value ¥53.8 thousand, Indicator name Number of IDs issued / Value 14,253 ID, Indicator name ARPA / Value ¥12.1 thousand
Number of employeesValue 130 people / Change during the period 130 people, down from 135 people in the previous fiscal year
Annual DividendFiscal year ending March 2026 ¥8 per share / Forecast for the fiscal year ending March 2027 ¥8 per share
Payout ratioFiscal year ending March 2026 16.9 % / Forecast for the fiscal year ending March 2027 22.6 %
Capital expenditures¥170 millions (investment in fixed assets)
Market Size / ShareCompanies nationwide 368 10,000 companies, Companies served by labor and social security attorneys 116 10,000 companies, Share of operating offices 8.4 %, Share of major labor and social security attorney practices 47 %
New initiativesOpening the Sharo-Mu Security & AI Support Office, Development of AI Sharo-Mu, Rollout of an AI agent for onboarding procedures scheduled for July 2026, Launch of AI-powered support
Items this document does not state (11)
Ordinary incomeSelling, general and administrative expensesProgress against full-year forecastNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesOrders received and order backlogKey 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 declined due to the reversal of the prior year's temporary demand in the CuBe business, but the increase in personnel expenses was offset by reductions in IDC expenses, outsourcing expenses and outsourced processing costs. For the fiscal year ending March 2027, the company expects to build ASP revenue, benefit from the launch of AI Sharo-Mu, and control outsourced development costs and IDC-related 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.
Earnings Presentation Materials for the Fiscal Year Ending March 2026 | MKSystem Corporation (3910) timely disclosure | Komori