Worth reading
74In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-96
Operating profit (¥ millions; year-on-year change)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationQ3 FY202612 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,679 million+1.0%
Operating profit¥297 million-24.0%
Net income¥205 million-28.0%
Selling, general and administrative expenses¥958 million
Gross Profit Margin75%; year-on-year change not disclosed
Operating profit margin18%; year-on-year change not disclosed
Results for the three months of the current quarterThe chart shows revenue of ¥431 million, recurring revenue of ¥431 million, operating profit of ¥68 million and net income of ¥45 million, among other figures.
Full-year earnings forecast
Net Sales
¥2,700 million
Operating profit
¥630 million
Net income
¥430 million
Annual Dividend
¥22 per share
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 Sales62%
Operating profit47%
Net income48%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress broadly in line with planKey points of the Q&AKey questions raised by investors at the briefing and the company's answers
The impact of the decline in the System Answer update rate on competitiveness, and the outlook for lower margins resulting from the expansion of the solutions businessBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Personnel Expenses+¥46 million
Depreciation and amortization+¥5 million
Customer development expensesUp ¥4 million
Outsourcing expenses-¥3 million
Internal systems expenses and other costs-¥4 million
Office-related expenses±¥0 million
Travel and transportation expenses±¥1 million
Other±¥0 million
New initiatives
- Expansion of the product lineup for the mid-sized enterprise market
- Strengthen proposals for CX monitoring options for the education market
- Expansion of the security business
- M&A of systems engineering companies focused on IT infrastructure integration
- Research and development of new products and services
- Launch of the HIMOTOKI service
- Launch of the ITOGUCHI service
Key KPIsA metric the company considers important as a management benchmark.
Stock revenue
¥1,176 million+4.0%
System Answer update rate
93 %
yoy_change_points-4
Implementation track record
1,000 companies or more
Number of supported vendors
133 companies
Number of supported devices and monitoring items
5,384 Type
Segment results
As the company operates in a single segment, segment-level results are not disclosed. By product category, revenue was ¥1,006 million for System Answer, ¥73 million for proprietary product services, ¥165 million for security solutions, ¥124 million for network solutions and ¥309 million for solution services.Medium-term management plan targets
Revenue GrowthAnnual average of 115% or more
Medium-term targetDouble revenue, including through M&A
System Answer update rate95% or higher
Financial targets
Equity ratio
Actual results66%
Debt-to-equity ratio
Actual results0.33 times
Net debt-to-equity ratio
Actual results-0.66x
Market Size / Share
Adoption rate among local governments and prefectures32%
Adoption rate among ordinance-designated cities and others20%
Number of employees
Number of EmployeesActual number as of the third quarter not disclosed
Change during the period7 hires, including 5 new graduates
Hiring planPlan to hire 10 people for the full year
Annual Dividend
¥22 per share
Breakdown¥11 interim dividend and ¥11 year-end dividend
Payout ratio
29.2% (plan)| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Q3 FY2026 |
| Net Sales | ¥1,679 million (YoY +1.0%) |
| Operating profit | ¥297 million (YoY -24.0%) |
| Net income | ¥205 million (YoY -28.0%) |
| Gross Profit Margin | 75%; year-on-year change not disclosed |
| Operating profit margin | 18%; year-on-year change not disclosed |
| Selling, general and administrative expenses | ¥958 million |
| Results for the three months of the current quarter | The chart shows revenue of ¥431 million, recurring revenue of ¥431 million, operating profit of ¥68 million and net income of ¥45 million, among other figures. |
| Full-year earnings forecast | Net Sales ¥2,700 million / Operating profit ¥630 million / Net income ¥430 million / Annual Dividend ¥22 per share |
| Progress against full-year forecast | Net Sales 62% / Operating profit 47% / Net income 48% |
| Self-assessment against the plan | Progress broadly in line with plan |
| Segment results | As the company operates in a single segment, segment-level results are not disclosed. By product category, revenue was ¥1,006 million for System Answer, ¥73 million for proprietary product services, ¥165 million for security solutions, ¥124 million for network solutions and ¥309 million for solution services. |
| Breakdown of Factors Affecting the Change | Personnel Expenses +¥46 million / Depreciation and amortization +¥5 million / Customer development expenses Up ¥4 million / Outsourcing expenses -¥3 million / Internal systems expenses and other costs -¥4 million / Office-related expenses ±¥0 million / Travel and transportation expenses ±¥1 million / Other ±¥0 million |
| Key KPIs | Stock revenue ¥1,176 million (YoY +4.0%) / System Answer update rate 93 % / Implementation track record 1,000 companies or more / Number of supported vendors 133 companies / Number of supported devices and monitoring items 5,384 Type |
| Number of employees | Number of Employees Actual number as of the third quarter not disclosed / Change during the period 7 hires, including 5 new graduates / Hiring plan Plan to hire 10 people for the full year |
| Medium-term management plan targets | Revenue Growth Annual average of 115% or more / Medium-term target Double revenue, including through M&A / System Answer update rate 95% or higher |
| Financial targets | Equity ratio Actual results 66% / Debt-to-equity ratio Actual results 0.33 times / Net debt-to-equity ratio Actual results -0.66x |
| Annual Dividend | ¥22 per share |
| Payout ratio | 29.2% (plan) |
| Market Size / Share | Adoption rate among local governments and prefectures 32% / Adoption rate among ordinance-designated cities and others 20% |
| Key points of the Q&A | The impact of the decline in the System Answer update rate on competitiveness, and the outlook for lower margins resulting from the expansion of the solutions business |
| New initiatives | Expansion of the product lineup for the mid-sized enterprise market, Strengthen proposals for CX monitoring options for the education market, Expansion of the security business, M&A of systems engineering companies focused on IT infrastructure integration, Research and development of new products and services, Launch of the HIMOTOKI service, Launch of the ITOGUCHI service |
Items this document does not state (8)
Ordinary incomeUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition of treasury sharesCapital 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.Changes in the revenue mix accompanying the expansion of solutions business revenue, the concentration of revenue recognition for high-margin large-scale projects and internally developed products in the fourth quarter, and upfront SG&A investment to support future growth.
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.