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Earnings presentation3923RAKUS Co.,Ltd.Information and Communications, Services and Others

Presentation Materials for the First Quarter of the Fiscal Year Ending March 2025

2025年3月期第1四半期は、売上高が前年同期比35.4％増、営業利益が125.5％増となり、増収効果が成長投資による費用増を上回って大幅な増益となった。通期計画は変更されていない。

Worth reading
61In 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
125.5
Year-on-year change / operating profit (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentation2025年3月期 第1四半期10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥11,219 million+35.4%
Operating profit¥2,327 million+125.5%
Ordinary income¥2,338 million+123.3%
Net income¥2,071 million+193.7%
Selling, general and administrative expenses¥5,959 million
Gross Profit Margin
Rate73.9%
Year-on-year change (points)+3.5 percentage points
Operating profit margin
Rate20.7%
Year-on-year change (points)+8.3ポイント
Results for the three months of the current quarter売上高11,219百万円、営業利益2,327百万円、経常利益2,338百万円、親会社株主に帰属する四半期純利益2,071百万円
Full-year earnings forecast
Net Sales
¥48,300 million
Operating profit
¥9,000 million
Ordinary income
¥9,001 million
Profit attributable to owners of the parent
¥6,900 million
EBITDA
¥10,161 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Positive effect of higher Cloud Business revenue¥2,710 million
  • Positive effect of higher IT Human Resources Business revenue¥219 million
  • Increase in personnel expenses¥-921 million
  • 広告宣伝費増加額¥-329 million
  • Increase in other expenses¥-384 million
New initiatives
  • クラウド型請求書受領システム『楽楽請求』をリリース
    Sales launch1 July 2024
    Scheduled availability1 October 2024
Key KPIsA metric the company considers important as a management benchmark.
  • Cloud Business ARR¥35,999 million
    Year on year against the same period last year+40.1%
  • クラウド事業ストック売上高比率93.1 %
  • 楽楽精算累計導入社数17,482 companies
  • 楽楽明細累計導入社数10,619 companies
  • Number of engineers830 people
Unit price and quantity metricsThese figures show sales broken down by price and volume.
クラウド事業サービス別の累計導入社数、新規導入社数、月額平均単価を開示。2024年6月の月額平均単価は楽楽精算92,967円、楽楽明細73,868円、楽楽販売123,444円、メール配信36,999円、メールディーラー62,981円。
Segment results
Cloud Business
Net Sales
¥9,543 million+39.7%
Operating profit
¥2,121 million
IT human resources business
Net Sales
¥1,675 million
Operating profit
¥205 million
Medium-term management plan targets
  • Target5ヵ年の売上高CAGR31～32%
  • Target2026年3月期の純利益100億円以上
  • Target2026年3月期の純資産200億円以上
Market Size / Share
  • Cloud-Based Expense Settlement System478億円
    ラクス売上高シェア29%
    ラクス累計導入社数シェア41%
  • クラウド帳票発行サービス¥11.8 billion
    ラクス売上高シェア54%
    ラクス累計導入社数シェア41%
  • 楽楽精算のターゲット市場¥149.9 billion
  • 楽楽明細のターゲット市場1兆3,528億円
Number of employees
Number of Employees2,700 people
Hiring plan積極的な採用活動を継続
Annual Dividend
Annual dividend per share¥3.9
Payout ratio
10％超を目安
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period Covered2025年3月期 第1四半期
Net Sales¥11,219 million (YoY +35.4%)
Operating profit¥2,327 million (YoY +125.5%)
Ordinary income¥2,338 million (YoY +123.3%)
Net income¥2,071 million (YoY +193.7%)
Gross Profit MarginRate 73.9% / Year-on-year change (points) +3.5 percentage points
Operating profit marginRate 20.7% / Year-on-year change (points) +8.3ポイント
Selling, general and administrative expenses¥5,959 million
Results for the three months of the current quarter売上高11,219百万円、営業利益2,327百万円、経常利益2,338百万円、親会社株主に帰属する四半期純利益2,071百万円
Full-year earnings forecastNet Sales ¥48,300 million / Operating profit ¥9,000 million / Ordinary income ¥9,001 million / Profit attributable to owners of the parent ¥6,900 million / EBITDA ¥10,161 million
Segment resultsCloud Business Net Sales ¥9,543 million (YoY +39.7%) / Operating profit ¥2,121 million / IT human resources business Net Sales ¥1,675 million / Operating profit ¥205 million
Breakdown of Factors Affecting the ChangeFactors Positive effect of higher Cloud Business revenue / Amount ¥2,710 million, Factors Positive effect of higher IT Human Resources Business revenue / Amount ¥219 million, Factors Increase in personnel expenses / Amount ¥-921 million, Factors 広告宣伝費増加額 / Amount ¥-329 million, Factors Increase in other expenses / Amount ¥-384 million
Key KPIsIndicator name Cloud Business ARR / Value ¥35,999 million / Year on year against the same period last year +40.1%, Indicator name クラウド事業ストック売上高比率 / Value 93.1 % / Year on year against the same period last year Not disclosed, Indicator name 楽楽精算累計導入社数 / Value 17,482 companies / Year on year against the same period last year Not disclosed, Indicator name 楽楽明細累計導入社数 / Value 10,619 companies / Year on year against the same period last year Not disclosed, Indicator name Number of engineers / Value 830 people / Year on year against the same period last year Not disclosed
Unit price and quantity metricsクラウド事業サービス別の累計導入社数、新規導入社数、月額平均単価を開示。2024年6月の月額平均単価は楽楽精算92,967円、楽楽明細73,868円、楽楽販売123,444円、メール配信36,999円、メールディーラー62,981円。
Number of employeesNumber of Employees 2,700 people / Change during the period Not disclosed / Hiring plan 積極的な採用活動を継続
Medium-term management plan targetsTarget 5ヵ年の売上高CAGR31～32%, Target 2026年3月期の純利益100億円以上, Target 2026年3月期の純資産200億円以上
Annual DividendAnnual dividend per share ¥3.9 / Breakdown Not disclosed
Payout ratio10％超を目安
Market Size / ShareMarket Cloud-Based Expense Settlement System / Market Size 478億円 / ラクス売上高シェア 29% / ラクス累計導入社数シェア 41%, Market クラウド帳票発行サービス / Market Size ¥11.8 billion / ラクス売上高シェア 54% / ラクス累計導入社数シェア 41%, Market 楽楽精算のターゲット市場 / Market Size ¥149.9 billion, Market 楽楽明細のターゲット市場 / Market Size 1兆3,528億円
New initiativesMeasures クラウド型請求書受領システム『楽楽請求』をリリース / Sales launch 1 July 2024 / Scheduled availability 1 October 2024
Items this document does not state (10)
Progress against full-year forecastSelf-assessment against the planNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAcquisition 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.

クラウド事業とIT人材事業の増収に加え、増収効果が人件費・広告宣伝費などの成長投資増加を上回ったため。クラウド事業では過去のインボイス制度・電子帳簿保存法の追い風による顧客数増加、IT人材事業では採用抑制と営業活動強化によるエンジニア稼働率の回復が理由として挙げられている。

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.
Presentation Materials for the First Quarter of the Fiscal Year Ending March 2025 | RAKUS Co.,Ltd. (3923) timely disclosure | Komori