Komori
Financial results presentation3926Open Door Inc.Information and Communications, Services and Others

Materials for the Second-Quarter (Interim) Financial Results Briefing for the Fiscal Year Ending March 2027

In the second quarter of the fiscal year ending March 2027, revenue increased 9.8% year on year to ¥740 million, while operating profit turned from a ¥1 million loss in the same period of the previous year to a ¥123 million profit. The full-year earnings forecast, however, was classified as “undetermined” due to uncertainty in the macroeconomic environment.

Worth reading
50Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
125
¥ millions (year-on-year change in operating income)
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Financial results presentationFiscal year ending March 2027, second quarter (first half)7 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥740 million+9.8%
Operating profit¥123 million
Ordinary income¥125 million
Net income¥100 million
Selling, general and administrative expenses¥821 million
Operating profit margin16.7%; year-on-year change: Not disclosed
Results for the three months of the current quarter
Net Sales
¥740 million+9.8%
Operating profit
¥123 million
Ordinary income
¥125 million
Net income
¥100 million
Costs of sales
¥192 million
Gross profit
¥547 million
Selling, general and administrative expenses
¥424 million
Operating profit margin16.7%
Full-year earnings forecastUndecided
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Costs of sales
    Change in amount-95
  • Selling, general and administrative expenses
    Change in amount-9
  • Outsourcing expenses (cost of sales)
    Change in amount-83
  • Personnel expenses
    Change in amount-42
  • Advertising expenses
    Change in amount48
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The company explained that fluctuations caused by macroeconomic factors such as the weaker yen are significant, making accurate forecasts difficult. Numerical assumptions: Not disclosed
New initiatives
  • Adding new menus, including cruises, to Travelko
  • Introducing AI search to Travelko
  • Providing AI services for businesses
  • Expanding the rollout of the business travel system to travel agencies
  • Expanding the development and rollout of online booking systems for travel agencies
  • Launch an e-commerce marketplace business, including cross-border e-commerce, through KOGEI JAPAN
Key KPIsA metric the company considers important as a management benchmark.
  • Total visits to major metasearch and booking websites98.3 % year-on-year
  • Number of development projects released23 Engagements
  • Development projects in progress43 or more
  • Hotel comparison site customer satisfaction ranking1 ranking; 3 consecutive years
  • Number of integrated travel websites1,500 or more
  • Number of system engineers90 people; approximately
Financial targets
The company disclosed an equity ratio of 80.7%. Target: Not disclosed
Market Size / Share
  • Total number of sessions across 25 major metasearch and booking sites754,451,357 times
  • Travel consumption for overseas travel (business trips and business travel)131.3 % of pre-COVID level
  • Travel consumption for overseas travel (business trips and business travel)109.6 % year-on-year
Number of employees
Number of Employees184 people; consolidated
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFiscal year ending March 2027, second quarter (first half)
Net Sales¥740 million (YoY +9.8%)
Operating profit¥123 million
Ordinary income¥125 million
Net income¥100 million
Operating profit margin16.7%; year-on-year change: Not disclosed
Selling, general and administrative expenses¥821 million
Results for the three months of the current quarterNet Sales ¥740 million (YoY +9.8%) / Operating profit ¥123 million / Ordinary income ¥125 million / Net income ¥100 million / Costs of sales ¥192 million / Gross profit ¥547 million / Selling, general and administrative expenses ¥424 million / Operating profit margin 16.7%
Full-year earnings forecastUndecided
Breakdown of Factors Affecting the ChangeFactors Costs of sales / Change in amount ¥-95 million, Factors Selling, general and administrative expenses / Change in amount ¥-9 million, Factors Outsourcing expenses (cost of sales) / Change in amount ¥-83 million, Factors Personnel expenses / Change in amount ¥-42 million, Factors Advertising expenses / Change in amount ¥48 million
Key KPIsIndicator name Total visits to major metasearch and booking websites / Value 98.3 % year-on-year, Indicator name Number of development projects released / Value 23 Engagements, Indicator name Development projects in progress / Value 43 or more, Indicator name Hotel comparison site customer satisfaction ranking / Value 1 ranking; 3 consecutive years, Indicator name Number of integrated travel websites / Value 1,500 or more, Indicator name Number of system engineers / Value 90 people; approximately
Number of employeesNumber of Employees 184 people; consolidated / Change during the period Not disclosed / Hiring plan Not disclosed
Assumptions Underlying the Business OutlookThe company explained that fluctuations caused by macroeconomic factors such as the weaker yen are significant, making accurate forecasts difficult. Numerical assumptions: Not disclosed
Financial targetsThe company disclosed an equity ratio of 80.7%. Target: Not disclosed
Market Size / ShareIndicator name Total number of sessions across 25 major metasearch and booking sites / Value 754,451,357 times, Indicator name Travel consumption for overseas travel (business trips and business travel) / Value 131.3 % of pre-COVID level, Indicator name Travel consumption for overseas travel (business trips and business travel) / Value 109.6 % year-on-year
New initiativesAdding new menus, including cruises, to Travelko, Introducing AI search to Travelko, Providing AI services for businesses, Expanding the rollout of the business travel system to travel agencies, Expanding the development and rollout of online booking systems for travel agencies, Launch an e-commerce marketplace business, including cross-border e-commerce, through KOGEI JAPAN
Items this document does not state (14)
Gross 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.

Growth initiatives, advertising optimization and operational efficiency gains from the use of AI in-house, together with lower outsourcing costs from bringing development investment in-house, contributed to the increase in profit. The company said the online travel market remained sluggish due to higher prices for travel products resulting from the weaker yen and inbound demand.

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.
Materials for the Second-Quarter (Interim) Financial Results Briefing for the Fiscal Year Ending March 2027 | Open Door Inc. (3926) timely disclosure | Komori