Worth reading
62In focus
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
25.3
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 December 2025 to 28 February 2026ConsolidatedJapanese GAAPNet Sales14,670Millions of yenYear on year +25.3%Progress 25.5%
Operating profit168Millions of yenProgress 6.7%
Ordinary income-186Millions of yen
Net income attributable to owners of the parent1,828Millions of yenProgress 49.4%
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¥33.06
Financial position at period-end
Total assets160,262Millions of yen
of which net assets 57,757 Millions of yenEquity ratio 26.1%vs. prior year-end -5.9pt
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.
Segment revenueBusiness Current fiscal year ¥12,375,325 thousand / Prior-year period ¥7,805,601 thousand / yoy_pct Not disclosed / HOME Current fiscal year ¥1,257,197 thousand / Prior-year period ¥1,203,853 thousand / yoy_pct Not disclosed / X Current fiscal year ¥933,613 thousand / Prior-year period ¥688,920 thousand / yoy_pct Not disclosed / Finance Current fiscal year ¥750 thousand / Prior-year period ¥752,642 thousand / yoy_pct Not disclosed
Segment profitBusiness Current fiscal year ¥789,498 thousand / Prior-year period ¥-343,192 thousand / yoy_pct Not disclosed / HOME Current fiscal year ¥243,924 thousand / Prior-year period ¥105,064 thousand / yoy_pct Not disclosed / X Current fiscal year ¥110,377 thousand / Prior-year period ¥131,828 thousand / yoy_pct Not disclosed / Finance Current fiscal year ¥-65,301 thousand / Prior-year period ¥428,521 thousand / yoy_pct Not disclosed
Outlook and shareholder returns
Full-year earnings forecast
Net Sales53,400～57,550
Operating profit△2,500～500
Ordinary income△4,200～△1,200
Net income△3,700～△700
Revision to Earnings ForecastNot disclosed → Net Sales 53,400～57,550 / Operating profit △2,500～500 / Ordinary income △4,200～△1,200 / Net income △3,700～△700
Annual Dividend Forecast¥0 → ¥0（0.0%）
Factors Behind Changes in Business Performance
In the Business segment, the number of new users, paying customers and ARPA increased. Price revisions, product enhancements, integration between products, and expansion of the sales and marketing organization drove adoption across multiple products and among large enterprises, while premium subscription revenue in the Home segment remained on track.
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 Yes見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 3 / Company name 株式会社ナレッジラボ, 株式会社Biz Forward, 株式会社シンクフォワード
Material subsequent eventsOn 31 March 2026, the Company assumed, through an absorption-type company split, the cloud-based attendance management system business and owned media business from ソニービズネットワークス株式会社. The consideration was ¥4,180,000 thousand, and goodwill of approximately ¥3,965,300 thousand was recognized and will be amortized on a straight-line basis over 9 years.
Impairment loss¥221,086 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥19 thousand, Gain on sale of investment securities ¥2,412,461 thousand, Other ¥277,268 thousand / Extraordinary loss Impairment Losses ¥221,086 thousand
Depreciation and amortization¥1,699,184 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and securities analysts
Issued Shares at Period-End55,540,379
Treasury Shares at Period-End220,551
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 December 2025 to 28 February 2026 |
| Net Sales | 14,670 Millions of yen (YoY +25.3%) |
| Operating profit | 168 Millions of yen |
| Ordinary income | -186 Millions of yen |
| Profit attributable to owners of the parent | 1,828 Millions of yen |
| Net income per share | ¥33.06 |
| Equity ratio | End of the current fiscal period 26.1 / End of previous period 32 |
| Total assets | 160,262 Millions of yen |
| Net assets | 57,757 Millions of yen |
| Full-year earnings forecast | Net Sales 53,400～57,550 / Operating profit △2,500～500 / Ordinary income △4,200～△1,200 / Net income △3,700～△700 |
| Revision to Earnings Forecast | Not disclosed → Net Sales 53,400～57,550 / Operating profit △2,500～500 / Ordinary income △4,200～△1,200 / Net income △3,700～△700 |
| Annual Dividend Forecast | ¥0 → ¥0（0.0%） |
| Segment revenue | Business Current fiscal year ¥12,375,325 thousand / Prior-year period ¥7,805,601 thousand / yoy_pct Not disclosed / HOME Current fiscal year ¥1,257,197 thousand / Prior-year period ¥1,203,853 thousand / yoy_pct Not disclosed / X Current fiscal year ¥933,613 thousand / Prior-year period ¥688,920 thousand / yoy_pct Not disclosed / Finance Current fiscal year ¥750 thousand / Prior-year period ¥752,642 thousand / yoy_pct Not disclosed |
| Segment profit | Business Current fiscal year ¥789,498 thousand / Prior-year period ¥-343,192 thousand / yoy_pct Not disclosed / HOME Current fiscal year ¥243,924 thousand / Prior-year period ¥105,064 thousand / yoy_pct Not disclosed / X Current fiscal year ¥110,377 thousand / Prior-year period ¥131,828 thousand / yoy_pct Not disclosed / Finance Current fiscal year ¥-65,301 thousand / Prior-year period ¥428,521 thousand / yoy_pct Not disclosed |
| Depreciation and amortization | ¥1,699,184 thousand |
| Impairment loss | ¥221,086 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥19 thousand, Gain on sale of investment securities ¥2,412,461 thousand, Other ¥277,268 thousand / Extraordinary loss Impairment Losses ¥221,086 thousand |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes Yes / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 3 / Company name 株式会社ナレッジラボ, 株式会社Biz Forward, 株式会社シンクフォワード |
| Material subsequent events | On 31 March 2026, the Company assumed, through an absorption-type company split, the cloud-based attendance management system business and owned media business from ソニービズネットワークス株式会社. The consideration was ¥4,180,000 thousand, and goodwill of approximately ¥3,965,300 thousand was recognized and will be amortized on a straight-line basis over 9 years. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and securities analysts |
| Issued Shares at Period-End | 55,540,379 |
| Treasury Shares at Period-End | 220,551 |
| Factors Behind Changes in Business Performance | In the Business segment, the number of new users, paying customers and ARPA increased. Price revisions, product enhancements, integration between products, and expansion of the sales and marketing organization drove adoption across multiple products and among large enterprises, while premium subscription revenue in the Home segment remained on track. |
Items this document does not state (9)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout 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 Business segment, the number of new users, paying customers and ARPA increased. In addition, the June 2025 price revision, product enhancements, integration between products, and expansion of the sales and marketing organization drove adoption across multiple products and among large enterprises. The reason for revising the full-year forecasts was the addition of ARR from the Fintech business in the Business segment to SaaS ARR.
How to read this page
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