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Presentation materials for financial results3994Money Forward,Inc.Information and Communications, Services and Others

Financial Results Presentation for the Second Quarter of the Fiscal Year Ending November 2026

The full-year forecasts for the fiscal year ending November 2026 have been revised upward for revenue, adjusted EBITDA, operating income, and net income attributable to owners of the parent. The revisions reflect strong performance in the Business and Finance segments, as well as increased security investment.

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Contents of this document

Presentation materials for financial resultsSecond quarter of the fiscal year ending November 20264 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales143.2 Hundreds of millions of yen+40.0%
Results for the three months of the current quarter
Net Sales
143.2 Hundreds of millions of yen+40.0%
Adjusted EBITDA
22.8 Hundreds of millions of yen
Full-year earnings forecast
Net Sales
605.0〜623.0
Adjusted EBITDA
105.0〜115.0
Operating profit
▲5.0〜+15.0
Profit attributable to owners of the parent
▲32.0〜▲7.0
SaaS ARR
497.42〜525.05
What the company explained in this material
New initiatives
  • Release of the Custom Reporting Agent
  • Release of the Performance Analysis Agent
  • Planned release of Money Forward AI Cowork
  • Increased security investment
Key KPIsA metric the company considers important as a management benchmark.
  • Company-wide SaaS ARR476.7 Hundreds of millions of yen+34.0%
  • Mid-market ARR187.6 Hundreds of millions of yen+37.0%
  • Business ARR367.6 Hundreds of millions of yen+36.0%
  • Net increase in paying corporate customers in 2Q13,971 companies
  • Business customer churn rate (3-month average)1 %
  • Corporate customer churn rate (12-month average)0.8 %
  • Net increase in SMB customers11,686 companies
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Paying customer count
organizations
255 thousand businesses+21.5%
Sole proprietors
238 thousand businesses+16.3%
ARPA
organizations
¥81 thousand+12.3%
Sole proprietors
¥13 thousand+2.5%
Segment results
Business
Net Sales
117.9 Hundreds of millions of yen+41.0%
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredSecond quarter of the fiscal year ending November 2026
Net Sales143.2 Hundreds of millions of yen (YoY +40.0%)
Results for the three months of the current quarterNet Sales 143.2 Hundreds of millions of yen (YoY +40.0%) / Adjusted EBITDA 22.8 Hundreds of millions of yen
Full-year earnings forecastNet Sales 605.0〜623.0 / Adjusted EBITDA 105.0〜115.0 / Operating profit ▲5.0〜+15.0 / Profit attributable to owners of the parent ▲32.0〜▲7.0 / SaaS ARR 497.42〜525.05
Segment resultsBusiness Net Sales 117.9 Hundreds of millions of yen (YoY +41.0%) / Finance Not disclosed / Home Not disclosed / SaaS Marketing Not disclosed
Key KPIsCompany-wide SaaS ARR 476.7 Hundreds of millions of yen (YoY +34.0%), Mid-market ARR 187.6 Hundreds of millions of yen (YoY +37.0%), Business ARR 367.6 Hundreds of millions of yen (YoY +36.0%), Net increase in paying corporate customers in 2Q 13,971 companies, Business customer churn rate (3-month average) 1 %, Corporate customer churn rate (12-month average) 0.8 %, Net increase in SMB customers 11,686 companies
Unit price and quantity metricsPaying customer count organizations 255 thousand businesses (YoY +21.5%) / Sole proprietors 238 thousand businesses (YoY +16.3%) / ARPA organizations ¥81 thousand (YoY +12.3%) / Sole proprietors ¥13 thousand (YoY +2.5%)
New initiativesRelease of the Custom Reporting Agent, Release of the Performance Analysis Agent, Planned release of Money Forward AI Cowork, Increased security investment
Items this document does not state (22)
Operating profitOrdinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey 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.

The company cited upside in the Business segment, particularly its card business; the impact of M&A not included in the initial guidance; upside in sales and gains on the sale of operating investment securities in the Finance segment; and profit contributions from higher revenue. It also stated that the revisions reflect increased security investment.

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Financial Results Presentation for the Second Quarter of the Fiscal Year Ending November 2026 | Money Forward,Inc. (3994) timely disclosure | Komori