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

Financial Results Briefing Materials for the Third Quarter of the Fiscal Year Ending March 2026

第3四半期累計は増収増益となり、広告宣伝費の最適化などで営業利益率が大きく改善した。通期の修正計画は据え置き、IT人材事業の譲渡、自己株式取得、新サービス投入などを決定・公表した。

Worth reading
82Important
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
4954
Millions of yen (year-on-year increase in operating profit)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentationFiscal year ending March 2026, third quarter11 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥44,297 million+24.6%
Operating profit¥12,500 million+65.7%
Net income¥9,596 million +71.7%net income attributable to owners of the parent
Selling, general and administrative expenses¥20,876 million
Gross Profit Margin
Rate75.3%
Year-on-year change (points)+1.3Pt
Operating profit margin
Rate28.2%
Year-on-year change (points)+7.0Pt
Results for the three months of the current quarter
Net Sales15,516百万円
Operating profit4,791百万円
Operating profit margin30.9%
Profit attributable to owners of the parent3,285百万円
Year on year against the same period last year売上高+23.7%、営業利益+66.1%、純利益+67.7%
Full-year earnings forecast
Net Sales
¥60,000 million
Operating profit
¥16,000 million
Ordinary income
¥16,000 million
Profit attributable to owners of the parent
¥12,100 million
EBITDA
¥17,260 million
Dividend per share
¥3.4
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
業績は堅調に推移
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Positive effect of higher Cloud Business revenue+7,669百万円
  • Positive effect of higher IT Human Resources Business revenue+1,078百万円
  • Increase in personnel expenses-2,775百万円
  • 広告宣伝費増加額-¥42 million
  • Increase in other expenses-976百万円
New initiatives
  • IT人材事業をBREXA Technologyへ2026年4月1日に譲渡予定
  • 上限50億円の自己株式取得と取得株式全数の消却
  • 楽楽AIエージェント for 楽楽精算β版の提供開始
  • 楽楽従業員ポータルを2026年3月より提供開始予定
  • 楽楽人事労務を2026年4月1日より提供開始予定
  • 次期中計に向けたエンタープライズ・クロスセル・AIの専門組織新設
Key KPIsA metric the company considers important as a management benchmark.
  • Cloud Business ARR¥50,087 million
    Year on year against the same period last year+24.2%
  • クラウド事業ストック売上高比率92.8 %
  • Active Rakuraku Seisan customers16,671 companies
  • Quarterly churn rate for Rakuraku Seisan (expense settlement)1.54 %
  • Active Rakuraku Meisai customers13,989 companies
  • Quarterly churn rate for Rakuraku Meisai (electronic billing)0.53 %
  • Active Rakuraku Hanbai customers3,982 companies
  • Quarterly churn rate for Rakuraku Hanbai (sales management)2.49 %
  • IT人材事業エンジニア数975 People
Segment results
Cloud Business
Net Sales
¥37,982 million+25.3%
Operating profit
¥11,443 million+67.1%
IT human resources business
Net Sales
¥6,315 million+20.6%
Operating profit
¥1,057 million+51.1%
Medium-term management plan targets
Fiscal year ending March 2026
売上高5か年CAGR31%～32%
Net incomeAt least ¥10 billion
Net assetsAt least ¥20 billion
実績・達成見込み売上高CAGR、純利益は2026年3月期達成見込、純資産は2025年3月期達成済
Financial targets
次期中計期間ROE目安At least 30%
Estimated cost of capital8～10%程度
Actual equity ratio76.4%
Number of employees
Number of Employees3,398 People
Change during the period前年同期比+16.7%（+487名）
Hiring plan採用進捗の遅れにより人件費は計画を下回る見通し
Annual Dividend
Annual dividend per share¥3.4
Payout ratio
総還元性向68.0%（計画）、配当性向10％超を目安（現行方針）
Acquisition of treasury shares
Repurchase authorization amount¥5 billion (maximum)
Number of shares under the buyback program880万株（上限）
Period2026年2月16日から2026年3月19日まで
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredFiscal year ending March 2026, third quarter
Net Sales¥44,297 million (YoY +24.6%)
Operating profit¥12,500 million (YoY +65.7%)
Net income¥9,596 million (net income attributable to owners of the parent) (YoY +71.7%)
Gross Profit MarginRate 75.3% / Year-on-year change (points) +1.3Pt
Operating profit marginRate 28.2% / Year-on-year change (points) +7.0Pt
Selling, general and administrative expenses¥20,876 million
Results for the three months of the current quarterNet Sales 15,516百万円 / Operating profit 4,791百万円 / Operating profit margin 30.9% / Profit attributable to owners of the parent 3,285百万円 / Year on year against the same period last year 売上高+23.7%、営業利益+66.1%、純利益+67.7%
Full-year earnings forecastNet Sales ¥60,000 million / Operating profit ¥16,000 million / Ordinary income ¥16,000 million / Profit attributable to owners of the parent ¥12,100 million / EBITDA ¥17,260 million / Dividend per share ¥3.4
Self-assessment against the plan業績は堅調に推移
Segment resultsCloud Business Net Sales ¥37,982 million (YoY +25.3%) / Operating profit ¥11,443 million (YoY +67.1%) / IT human resources business Net Sales ¥6,315 million (YoY +20.6%) / Operating profit ¥1,057 million (YoY +51.1%)
Breakdown of Factors Affecting the ChangeFactors Positive effect of higher Cloud Business revenue / Amount +7,669百万円, Factors Positive effect of higher IT Human Resources Business revenue / Amount +1,078百万円, Factors Increase in personnel expenses / Amount -2,775百万円, Factors 広告宣伝費増加額 / Amount -¥42 million, Factors Increase in other expenses / Amount -976百万円
Key KPIsIndicator name Cloud Business ARR / Value ¥50,087 million / Year on year against the same period last year ¥24.2 million, Indicator name クラウド事業ストック売上高比率 / Value 92.8 % / Year on year against the same period last year Not disclosed, Indicator name Active Rakuraku Seisan customers / Value 16,671 companies / Year on year against the same period last year Not disclosed, Indicator name Quarterly churn rate for Rakuraku Seisan (expense settlement) / Value 1.54 % / Year on year against the same period last year Not disclosed, Indicator name Active Rakuraku Meisai customers / Value 13,989 companies / Year on year against the same period last year Not disclosed, Indicator name Quarterly churn rate for Rakuraku Meisai (electronic billing) / Value 0.53 % / Year on year against the same period last year Not disclosed, Indicator name Active Rakuraku Hanbai customers / Value 3,982 companies / Year on year against the same period last year Not disclosed, Indicator name Quarterly churn rate for Rakuraku Hanbai (sales management) / Value 2.49 % / Year on year against the same period last year Not disclosed, Indicator name IT人材事業エンジニア数 / Value 975 People / Year on year against the same period last year Not disclosed
Number of employeesNumber of Employees 3,398 People / Change during the period 前年同期比+16.7%（+487名） / Hiring plan 採用進捗の遅れにより人件費は計画を下回る見通し
Medium-term management plan targetsFiscal year ending March 2026 売上高5か年CAGR 31%～32% / Net income At least ¥10 billion / Net assets At least ¥20 billion / 実績・達成見込み 売上高CAGR、純利益は2026年3月期達成見込、純資産は2025年3月期達成済
Financial targets現行中期経営目標 Not disclosed / 次期中計期間ROE目安 At least 30% / Estimated cost of capital 8～10%程度 / Actual equity ratio 76.4%
Annual DividendAnnual dividend per share ¥3.4 / Breakdown Not disclosed
Payout ratio総還元性向68.0%（計画）、配当性向10％超を目安（現行方針）
Acquisition of treasury sharesRepurchase authorization amount ¥5 billion (maximum) / Number of shares under the buyback program 880万株（上限） / Period 2026年2月16日から2026年3月19日まで
New initiativesIT人材事業をBREXA Technologyへ2026年4月1日に譲渡予定, 上限50億円の自己株式取得と取得株式全数の消却, 楽楽AIエージェント for 楽楽精算β版の提供開始, 楽楽従業員ポータルを2026年3月より提供開始予定, 楽楽人事労務を2026年4月1日より提供開始予定, 次期中計に向けたエンタープライズ・クロスセル・AIの専門組織新設
Items this document does not state (10)
Ordinary incomeProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookCapital expendituresOrders received and order backlogMarket Size / ShareKey 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.

売上高の増加に加え、広告宣伝費の最適化・抑制などの費用効率化が利益改善に寄与した。クラウド事業の大幅増収が費用増加額を上回ったとしている。

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.
Financial Results Briefing Materials for the Third Quarter of the Fiscal Year Ending March 2026 | RAKUS Co.,Ltd. (3923) timely disclosure | Komori