Worth reading
55In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
55
Year-on-year improvement in operating profit (¥ million)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Financial results presentationFirst 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 Sales¥578 million+1.7%
Operating profit¥-16 million
Ordinary income¥-15 million
Net income¥-29 million
Selling, general and administrative expenses¥397 million
Results for the three months of the current quarterRevenue of ¥578 million, operating loss of ¥16 million, ordinary loss of ¥15 million, and net loss of ¥29 million. Cost of sales was ¥197 million, gross profit was ¥381 million, and selling, general and administrative expenses were ¥397 million.
Full-year earnings forecastTo be determined
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Revenue increased by ¥9 million year on year, cost of sales decreased by ¥56 million, gross profit increased by ¥65 million, selling, general and administrative expenses increased by ¥10 million, operating profit increased by ¥55 million, ordinary profit increased by ¥57 million, and net profit increased by ¥59 million. However, the amount attributable to each factor was not disclosed.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The materials cite macroeconomic factors such as the weaker yen as assumptions, but the specific figures used in the earnings forecast were not disclosed.New initiatives
- Plans to release new offerings, including cruises, on Travelko, a travel search and booking platform
- Plans to introduce AI search on Travelko and begin providing AI services for businesses
- Expand the rollout of the Hotel Skip business travel system to travel agencies
- Expanding the development and rollout of an online flight and hotel booking system for travel agencies
- Plans to launch an e-commerce marketplace business, including cross-border commerce, through KOGEI JAPAN
- Strengthen SEM, SEO and AIO
Key KPIsA metric the company considers important as a management benchmark.
- Total visits to major metasearch and booking websites93.9 Year-on-year %
- Number of development projects released in Q128 Engagements
- Development projects in progress36 Cases or more
- Number of travel websites linked to Travelko1,500 Sites or more
- Consolidated number of employees193 People
Financial targets
An equity ratio of 83.2% is stated as the actual result. Financial targets were not disclosed.Market Size / Share
Not disclosed. Trends in the cruise market and overseas travel spending are presented, but figures for market size and market share were not disclosed.Number of employees
The consolidated workforce was 193 people. Approximately 90 were systems engineers, accounting for approximately 50% of all employees. Changes during the period and the hiring plan were not disclosed.| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥578 million (YoY +1.7%) |
| Operating profit | ¥-16 million |
| Ordinary income | ¥-15 million |
| Net income | ¥-29 million |
| Selling, general and administrative expenses | ¥397 million |
| Results for the three months of the current quarter | Revenue of ¥578 million, operating loss of ¥16 million, ordinary loss of ¥15 million, and net loss of ¥29 million. Cost of sales was ¥197 million, gross profit was ¥381 million, and selling, general and administrative expenses were ¥397 million. |
| Full-year earnings forecast | To be determined |
| Breakdown of Factors Affecting the Change | Revenue increased by ¥9 million year on year, cost of sales decreased by ¥56 million, gross profit increased by ¥65 million, selling, general and administrative expenses increased by ¥10 million, operating profit increased by ¥55 million, ordinary profit increased by ¥57 million, and net profit increased by ¥59 million. However, the amount attributable to each factor was not disclosed. |
| Key KPIs | Indicator name Total visits to major metasearch and booking websites / Value 93.9 Year-on-year (%) / Year on year against the same period last year Not disclosed, Indicator name Number of development projects released in Q1 / Value 28 Engagements / Year on year against the same period last year Not disclosed, Indicator name Development projects in progress / Value 36 Cases or more / Year on year against the same period last year Not disclosed, Indicator name Number of travel websites linked to Travelko / Value 1,500 Sites or more / Year on year against the same period last year Not disclosed, Indicator name Consolidated number of employees / Value 193 People / Year on year against the same period last year Not disclosed |
| Number of employees | The consolidated workforce was 193 people. Approximately 90 were systems engineers, accounting for approximately 50% of all employees. Changes during the period and the hiring plan were not disclosed. |
| Assumptions Underlying the Business Outlook | The materials cite macroeconomic factors such as the weaker yen as assumptions, but the specific figures used in the earnings forecast were not disclosed. |
| Financial targets | An equity ratio of 83.2% is stated as the actual result. Financial targets were not disclosed. |
| Market Size / Share | Not disclosed. Trends in the cruise market and overseas travel spending are presented, but figures for market size and market share were not disclosed. |
| New initiatives | Plans to release new offerings, including cruises, on Travelko, a travel search and booking platform, Plans to introduce AI search on Travelko and begin providing AI services for businesses, Expand the rollout of the Hotel Skip business travel system to travel agencies, Expanding the development and rollout of an online flight and hotel booking system for travel agencies, Plans to launch an e-commerce marketplace business, including cross-border commerce, through KOGEI JAPAN, Strengthen SEM, SEO and AIO |
Items this document does not state (15)
Gross Profit MarginOperating profit marginProgress against full-year forecastSelf-assessment against the planSegment resultsUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan 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.Although the online travel market was sluggish due to higher prices for travel products resulting from the weaker yen and inbound travel demand, the company secured higher revenue. The improvement in operating income was attributable to a ¥56 million year-on-year decrease in cost of sales, while selling, general and administrative expenses increased by ¥10 million. The full-year forecast was left undetermined because fluctuations resulting from macroeconomic factors such as the weaker yen are substantial, making accurate forecasting difficult.
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.