Worth reading
59In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-232
¥ million (operating loss)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 September 2025–31 August 2026ConsolidatedJapanese GAAPNet Sales2,216Millions of yenYear on year -26.2%Progress 78.7%
Operating profit-232Millions of yen
Ordinary income-227Millions of yen
Net income attributable to owners of the parent-174Millions of yen
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share−¥33.87
Operating Margin-10.5
Financial position at period-end
Total assets2,506Millions of yen
of which net assets 678 Millions of yenEquity ratio 26.4%vs. prior year-end -4.2pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating-51
Investment+178
Financials+104
Net change+231
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period564 Millions of yen
Segment revenueIoT Integration Business 2,100.39 Millions of yen, Other Businesses 116.50 Millions of yen
Segment profitIoT Integration Business -166.28 Millions of yen, Other Businesses -44.53 Millions of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales2,816 Millions of yen (YoY +27.0%)
Operating profit75 Millions of yen
Ordinary income69 Millions of yen
Net income47 Millions of yen
Annual Dividend Forecast¥0 → ¥0（0.0%）
Factors Behind Changes in Business Performance
In the IoT Integration business, orders for large projects in Integration Solutions did not grow as much as expected, resulting in a 21.2% year-on-year decline in revenue. In Construction Solutions, BAIAS and GenVital LTE performed well, resulting in a 5.5% year-on-year increase in revenue.
Disclosure regarding the going concern assumption
No applicable matters.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidation1 company added: 株式会社藤山水産加工; 0 companies removed
Material subsequent eventsNo applicable matters.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on bargain purchase ¥87,057 thousand, Gain on sale of non-current assets ¥369 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥1,159 thousand, Impairment loss on investment securities ¥34,302 thousand
Depreciation and amortization¥148,484 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (an earnings presentation video is scheduled to be distributed)
Issued Shares at Period-End5,280,400
Treasury Shares at Period-End113,447
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 September 2025–31 August 2026 |
| Net Sales | 2,216 Millions of yen (YoY -26.2%) |
| Operating profit | -232 Millions of yen |
| Ordinary income | -227 Millions of yen |
| Profit attributable to owners of the parent | -174 Millions of yen |
| Net income per share | −¥33.87 |
| Operating Margin | -10.5 |
| Equity ratio | End of the current fiscal period 26.4 / End of previous period 30.6 |
| Total assets | 2,506 Millions of yen |
| Net assets | 678 Millions of yen |
| Cash flows from operating activities | -51 Millions of yen |
| Cash flows from investing activities | 178 Millions of yen |
| Cash flows from financing activities | 104 Millions of yen |
| Cash and cash equivalents at end of period | 564 Millions of yen |
| Full-year earnings forecast | Net Sales 2,816 Millions of yen (YoY +27.0%) / Operating profit 75 Millions of yen / Ordinary income 69 Millions of yen / Net income 47 Millions of yen |
| Annual Dividend Forecast | ¥0 → ¥0（0.0%） |
| Segment revenue | IoT Integration Business 2,100.39 Millions of yen, Other Businesses 116.50 Millions of yen |
| Segment profit | IoT Integration Business -166.28 Millions of yen, Other Businesses -44.53 Millions of yen |
| Depreciation and amortization | ¥148,484 thousand |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on bargain purchase ¥87,057 thousand, Gain on sale of non-current assets ¥369 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥1,159 thousand, Impairment loss on investment securities ¥34,302 thousand |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | 1 company added: 株式会社藤山水産加工; 0 companies removed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (an earnings presentation video is scheduled to be distributed) |
| Issued Shares at Period-End | 5,280,400 |
| Treasury Shares at Period-End | 113,447 |
| Factors Behind Changes in Business Performance | In the IoT Integration business, orders for large projects in Integration Solutions did not grow as much as expected, resulting in a 21.2% year-on-year decline in revenue. In Construction Solutions, BAIAS and GenVital LTE performed well, resulting in a 5.5% year-on-year increase in revenue. |
Items this document does not state (5)
Revision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog
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.In the IoT Integration business, orders for large projects did not grow as much as expected, resulting in lower revenue. Meanwhile, BAIAS and GenVital LTE performed well in Construction Solutions.
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.