Komori
Financial results presentation3967Eltes Co.,Ltd.Information and Communications, Services and Others

Notice of the Release of the Video and Transcript of the Briefing on Financial Results for the First Quarter of the Fiscal Year Ending February 2027

In the first quarter of the fiscal year ending February 2027, revenue and operating profit both reached record highs for a first quarter, and progress exceeded the full-year plan. However, quarterly net income was negative due to an extraordinary loss associated with the sale of a subsidiary. The company also explained the progress of its business reorganization, capital policy and three-year management plan.

Worth reading
68In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
11.5
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings briefing transcriptFirst quarter of the fiscal year ending February 20279 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,110 million+11.5%
Operating profit¥65 million+46.5%
Net income¥-68 million
Operating profit margin3.1 %
Results for the three months of the current quarter売上高2,110百万円、営業利益65百万円、純利益▲68百万円。第1四半期単独の実績として記載。
Full-year earnings forecast
Net income
¥100 million
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 Sales24.8
Operating profit14.2
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
計画を上回る非常に順調な滑り出し。営業利益の進捗は計画通りの推移。
Key points of the Q&AKey questions raised by investors at the briefing and the company's answers
  1. Questions ネットキャッシュ化の最大のボトルネックや懸念材料 / Answer 利益目標の達成による営業キャッシュフローの確保と、旧DX推進事業のカーブアウト完遂が重要。経営陣は大きなボトルネックではないと認識。
  2. Questions 時価総額100億円達成に向けたロードマップ / Answer 2029年2月期に営業利益9億円、純利益5億円超、PER20倍を目線として時価総額100億円を目指す。より具体的なロードマップは今後準備。
  3. Questions 生成AIによる業務・サービス効率化の取り組み / Answer IRIのログ分析やSNS情報分析でAIを活用し、アナリストの生産性向上と分析効率化を進めている。
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • 前年のDX推進事業の営業赤字消失¥71 million
  • オフィス移転に伴う一時的な二重賃料
  • AIガバナンス立ち上げの先行投資
  • JAPANDX社売却に伴う特別損失¥110 million
New initiatives
  • JAPANDX社およびJDXソリューションズ社のカーブアウト・売却
  • GloLing社およびプレイネクストラボ社の今期中売却検討
  • セグメント名称・区分の刷新
  • 内部不正診断サービスの提供
  • 内部不正ホットラインの提供
  • AIガバナンスサービスの展開
  • 今後3年間で総額約5億円の株主還元
  • 3年間の新株発行停止、自社株買い・消却の推進
Key KPIsA metric the company considers important as a management benchmark.
  • ARR（年間リカーリング売上）24.8 Hundreds of millions of yen
  • Number of IRI IDs28.2 10,000 IDs
    Year on year against the same period last year一部解約の影響
  • IRI MRR¥82 million
    Year on year against the same period last year+6.5%
Segment results
  • Digital Security
    Net Sales¥688 million
    Operating profit¥215 million
  • Physical Security
    Net Sales¥544 million (YoY +11.4%)
    Operating profit¥6 million
  • Peripheral businesses and other
    Net Sales¥901 million (YoY +20.9%)
    Operating profit¥16 million
Medium-term management plan targets
Target fiscal yearFiscal year ending February 2029
Operating profit margin12.0% or more
Operating profit
¥900 million
Equity ratio40% or more
Market capitalization¥10 billion
Financial targets
Operating profit margin
Target12.0% or more
Actual results3.1%
Operating profit
Target900
Target unit¥ million
Actual results65
Results unit¥ million
Equity ratio
Target40% or more
Actual results29.2%
Acquisition of treasury shares
今後3年間、自社株買いや消却を進める方針。取得枠の具体的な金額・株数・期間はNot disclosed。取締役副社長が50,000株を5月に取得。
Contents of this document
ItemDetails
Document typeEarnings briefing transcript
Fiscal Period CoveredFirst quarter of the fiscal year ending February 2027
Net Sales¥2,110 million (YoY +11.5%)
Operating profit¥65 million (YoY +46.5%)
Net income¥-68 million
Operating profit margin3.1 %
Results for the three months of the current quarter売上高2,110百万円、営業利益65百万円、純利益▲68百万円。第1四半期単独の実績として記載。
Full-year earnings forecastNet income ¥100 million / Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed
Progress against full-year forecastNet Sales 24.8 / Operating profit 14.2
Self-assessment against the plan計画を上回る非常に順調な滑り出し。営業利益の進捗は計画通りの推移。
Segment resultsSegment Digital Security / Net Sales ¥688 million / Operating profit ¥215 million, Segment Physical Security / Net Sales ¥544 million (YoY +11.4%) / Operating profit ¥6 million, Segment Peripheral businesses and other / Net Sales ¥901 million (YoY +20.9%) / Operating profit ¥16 million
Breakdown of Factors Affecting the ChangeFactors 前年のDX推進事業の営業赤字消失 / Amount ¥71 million, Factors オフィス移転に伴う一時的な二重賃料 / Amount Not disclosed, Factors AIガバナンス立ち上げの先行投資 / Amount Not disclosed, Factors JAPANDX社売却に伴う特別損失 / Amount ¥110 million
Key KPIsIndicator name ARR（年間リカーリング売上） / Value 24.8 Hundreds of millions of yen / Year on year against the same period last year Not disclosed, Indicator name Number of IRI IDs / Value 28.2 10,000 IDs / Year on year against the same period last year 一部解約の影響, Indicator name IRI MRR / Value ¥82 million / Year on year against the same period last year ¥6.5 million
Medium-term management plan targetsTarget fiscal year Fiscal year ending February 2029 / Operating profit margin 12.0% or more / Operating profit ¥900 million / Equity ratio 40% or more / Market capitalization ¥10 billion
Financial targetsOperating profit margin Target 12.0% or more / Actual results 3.1% / Operating profit Target 900 / Target unit ¥ million / Actual results 65 / Results unit ¥ million / Equity ratio Target 40% or more / Actual results 29.2%
Acquisition of treasury shares今後3年間、自社株買いや消却を進める方針。取得枠の具体的な金額・株数・期間はNot disclosed。取締役副社長が50,000株を5月に取得。
Key points of the Q&AQuestions ネットキャッシュ化の最大のボトルネックや懸念材料 / Answer 利益目標の達成による営業キャッシュフローの確保と、旧DX推進事業のカーブアウト完遂が重要。経営陣は大きなボトルネックではないと認識。, Questions 時価総額100億円達成に向けたロードマップ / Answer 2029年2月期に営業利益9億円、純利益5億円超、PER20倍を目線として時価総額100億円を目指す。より具体的なロードマップは今後準備。, Questions 生成AIによる業務・サービス効率化の取り組み / Answer IRIのログ分析やSNS情報分析でAIを活用し、アナリストの生産性向上と分析効率化を進めている。
New initiativesJAPANDX社およびJDXソリューションズ社のカーブアウト・売却, GloLing社およびプレイネクストラボ社の今期中売却検討, セグメント名称・区分の刷新, 内部不正診断サービスの提供, 内部不正ホットラインの提供, AIガバナンスサービスの展開, 今後3年間で総額約5億円の株主還元, 3年間の新株発行停止、自社株買い・消却の推進
Items this document does not state (13)
Ordinary incomeGross Profit MarginSelling, general and administrative expensesUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAnnual DividendPayout ratioCapital expendituresOrders received and order backlogMarket Size / Share

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.

JAPANDX社などのカーブアウトにより、前年まで営業赤字だったDX推進事業の影響がなくなった。一方、オフィス移転に伴う一時的な二重賃料やAIガバナンスへの先行投資が営業利益を押し下げ、JAPANDX社の売却損を特別損失として計上したため純利益は赤字となった。

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.
Notice of the Release of the Video and Transcript of the Briefing on Financial Results for the First Quarter of the Fiscal Year Ending February 2027 | Eltes Co.,Ltd. (3967) timely disclosure | Komori