Komori
Results presentation3917iRidge,Inc.Information and Communications, Services and Others

Results Briefing Materials for the Second Quarter of the Fiscal Year Ending March 2027

For the cumulative second quarter of the fiscal year ending March 2027, revenue increased 13.2% year on year to ¥3,506 million, while adjusted operating profit turned from a loss in the same period of the previous year to a profit of ¥8 million. Although the company recorded an extraordinary loss of ¥72 million, it left its full-year forecast unchanged.

Worth reading
76Important
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
92
¥ million (year-on-year increase in adjusted operating profit)
Wording
Conditional
How definitive the wording is.

Contents of this document

Results presentationSecond quarter of the fiscal year ending March 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales3,506 Millions of yen+13.2%
Operating profit¥8 million adjusted operating income
Ordinary income-47 Millions of yen
Net income¥-95 million net income attributable to owners of the parent
Gross Profit Margin29.6%
Operating profit margin0.3% (adjusted operating margin)
Selling, general and administrative expenses¥1,029 million adjusted SG&A expenses, cumulative second quarter
Results for the three months of the current quarter
Net Sales
1,871 Millions of yen+16.1%
Gross profit
605 Millions of yen+31.0%
Gross Profit Margin
32.3%
yoy_pp+3.8pt
Adjusted operating profit
94 Millions of yen
Ordinary income
84 Millions of yen
Net income
¥15 million -98.0%net income attributable to owners of the parent
Full-year earnings forecast
Net Sales
8,200 Millions of yen
Adjusted operating profit
500 Millions of yen
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。
Net Sales22.8% for the standalone second quarter (as stated in the materials)
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Adjusted operating profit
Year-on-year increase
92 Millions of yen
Factors
  • Growth in the EX-DX area of the App Business
  • Improvement in the commissioned development gross margin of the App Business
  • Decline in the gross margin of the Business Production business
  • Other
New initiatives
  • Official launch of Flauro, an enterprise AI operations platform, in August 2026
  • Company-wide rollout and adoption of AI-driven development using Flauro
  • Deployment of Flauro at external companies and recurring monetization through monthly usage fees
  • Expansion of support provided by dedicated engineers (FDEs)
  • Development support for Tsukuba Bank’s official app
Key KPIsA metric the company considers important as a management benchmark.
  • MAU of apps incorporating the company’s products
    Year on year against the same period last yearCAGR of +11.7% since April–June 2021
  • Recurring Revenue
    Year on year against the same period last year+4.6%
  • Consolidated headcount282 people
    Year on year against the same period last year+9 from the end of the previous fiscal year
  • Number of apps using the Company's solutionsOver 300
Segment results
App Business
Net Sales
2,674 Millions of yen+11.8%
Adjusted operating profit
497 Millions of yen+27.8%
Business Produce
Net Sales
834 Millions of yen+18.5%
Adjusted operating profit
-47 Millions of yen
Corporate expenses
Adjusted operating profit
-454 Millions of yen
Adjustments
Net Sales
-3 Millions of yen
Adjusted operating profit
13 Millions of yen
Medium-term management plan targets
Target fiscal yearFiscal year ending March 2027
Net Sales
8,200 Millions of yen
Adjusted operating profit
500 Millions of yen
Adjusted operating margin
6.1%
Market Size / Share
Market Size
  • App business and DX market in the company's primary target industries
    Current¥473.7 billion
    Forecast for 2030¥1.8932 trillion
    CAGR+16.6%
  • Business production services market
    Current¥166.8 billion
    Forecast for 2030¥433.0 billion
    CAGR+11.2%
Share
  • 67%
    IndustryRailways
  • 50%
    IndustryRetail and Distribution
  • 28%
    IndustryFinance
Number of employees
Number of Employees282 people
Change during the period+9 from the end of the previous fiscal year
Hiring planHiring focused primarily on the EX-DX area and project managers
Contents of this document
ItemDetails
Document typeResults presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending March 2027
Net Sales3,506 Millions of yen (YoY +13.2%)
Operating profit¥8 million (adjusted operating income)
Ordinary income-47 Millions of yen
Net income¥-95 million (net income attributable to owners of the parent)
Gross Profit Margin29.6%
Operating profit margin0.3% (adjusted operating margin)
Selling, general and administrative expenses¥1,029 million (adjusted SG&A expenses, cumulative second quarter)
Results for the three months of the current quarterNet Sales 1,871 Millions of yen (YoY +16.1%) / Gross profit 605 Millions of yen (YoY +31.0%) / Gross Profit Margin 32.3% / Adjusted operating profit 94 Millions of yen / Ordinary income 84 Millions of yen / Net income ¥15 million (net income attributable to owners of the parent) (YoY -98.0%)
Full-year earnings forecastNet Sales 8,200 Millions of yen / Adjusted operating profit 500 Millions of yen
Progress against full-year forecastNet Sales 22.8% for the standalone second quarter (as stated in the materials)
Segment resultsApp Business Net Sales 2,674 Millions of yen (YoY +11.8%) / Adjusted operating profit 497 Millions of yen (YoY +27.8%) / Business Produce Net Sales 834 Millions of yen (YoY +18.5%) / Adjusted operating profit -47 Millions of yen / Corporate expenses Adjusted operating profit -454 Millions of yen / Adjustments Net Sales -3 Millions of yen / Adjusted operating profit 13 Millions of yen
Breakdown of Factors Affecting the ChangeAdjusted operating profit Year-on-year increase 92 Millions of yen / Factors Growth in the EX-DX area of the App Business, Improvement in the commissioned development gross margin of the App Business, Decline in the gross margin of the Business Production business, Other
Key KPIsIndicator name MAU of apps incorporating the company’s products / Value Not disclosed / Year on year against the same period last year CAGR of +11.7% since April–June 2021, Indicator name Recurring Revenue / Value Not disclosed / Year on year against the same period last year 4.6 Millions of yen, Indicator name Consolidated headcount / Value 282 people / Year on year against the same period last year +9 from the end of the previous fiscal year, Indicator name Number of apps using the Company's solutions / Value Over 300 / Year on year against the same period last year Not disclosed
Number of employeesNumber of Employees 282 people / Change during the period +9 from the end of the previous fiscal year / Hiring plan Hiring focused primarily on the EX-DX area and project managers
Medium-term management plan targetsTarget fiscal year Fiscal year ending March 2027 / Net Sales 8,200 Millions of yen / Adjusted operating profit 500 Millions of yen / Adjusted operating margin 6.1%
Market Size / ShareMarket Size Market App business and DX market in the company's primary target industries / Current ¥473.7 billion / Forecast for 2030 ¥1.8932 trillion / CAGR +16.6%, Market Business production services market / Current ¥166.8 billion / Forecast for 2030 ¥433.0 billion / CAGR +11.2% / Share Industry Railways / Value 67%, Industry Retail and Distribution / Value 50%, Industry Finance / Value 28%
New initiativesOfficial launch of Flauro, an enterprise AI operations platform, in August 2026, Company-wide rollout and adoption of AI-driven development using Flauro, Deployment of Flauro at external companies and recurring monetization through monthly usage fees, Expansion of support provided by dedicated engineers (FDEs), Development support for Tsukuba Bank’s official app
Items this document does not state (12)
Self-assessment against the planUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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.

Growth in the EX-DX area, large-scale business DX support projects and higher revenue from the business production business contributed to revenue. On the earnings side, profitability improved for commissioned development projects in the App Business, improving the gross margin. Meanwhile, the gross margin in the Business Production business declined because of the project mix of large advertising projects.

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.
Results Briefing Materials for the Second Quarter of the Fiscal Year Ending March 2027 | iRidge,Inc. (3917) timely disclosure | Komori