Worth reading
52Recurring
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
6
Year-on-year change (revenue, %)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending December 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,331 million+6.0%
Operating profit¥326 million-7.0%
Ordinary income¥319 million-9.0%
Net income¥207 million-11.0%
Results for the three months of the current quarter
Net Sales
¥1,331 million
Operating profit
¥326 million
Ordinary income
¥319 million
Net income for the current fiscal year
¥207 million
Full-year earnings forecast
Net Sales
¥6,000 million
Operating profit
¥1,601 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。Progress against the first-half earnings forecast is stated as 46% for revenue, 44% for operating income, 43% for ordinary income and 43% for net income. Numerical progress against the full-year forecast is Not disclosed
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
In line with plan / Progress is on trackBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Total costs
Increase¥103 million
Personnel Expenses
Increase¥120 million
Cloud costs
Increase¥6 million
Software amortization
Increase¥59 million
New initiatives
- Add talent management and payroll management functions to JOBEE
- Accelerate the migration of existing on-premises customers to Universal Kintairo
- Strengthen the cloud platform, data integration, authentication and authorization, and visualization and forecasting platforms
- Advance the HRM platform initiative
Key KPIsA metric the company considers important as a management benchmark.
- Number of cloud licenses848,952 LicensingYear on year against the same period last year+26%
- Number of companies with cloud-based contracts2,649 companiesYear on year against the same period last year+10%
- Recurring revenue ratio78.4 %Year on year against the same period last year+8.7%
- Monthly average cloud churn rate0.21 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Number of cloud licenses
848,952 Licensing
Year on year against the same period last year+26%
Enterprise ARPU
¥397
Segment results
Cloud Business
Net Sales
¥1,064 million
Year on year against the same period last year+16.0%
On-premises business
Net Sales
¥238 million
Year on year against the same period last year-19.0%
Real Estate Leasing Business
Net Sales
¥28 million
Year on year against the same period last year-23.0%
Cloud licenses
Net Sales
¥900 million
Year on year against the same period last year+28.0%
Recurring Revenue
¥1,021 million+21.0%
Medium-term management plan targets
Revised plan for the fiscal year ending December 2026
Net Sales
¥6,000 million
Operating profit
¥1,601 million
Operating profit margin
26.7 %
Targets for fiscal 2027 and beyond1 million cloud licenses
Market Size / Share
Employment management
¥30.3 billion
CAGR8.5%
Human resources and payroll management
¥56.3 billion
CAGR13.4%
Talent Management
¥49.8 billion
CAGR13.1%
Labor Management
¥31 billion
CAGR25.6%
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥1,331 million (YoY +6.0%) |
| Operating profit | ¥326 million (YoY -7.0%) |
| Ordinary income | ¥319 million (YoY -9.0%) |
| Net income | ¥207 million (YoY -11.0%) |
| Results for the three months of the current quarter | Net Sales ¥1,331 million / Operating profit ¥326 million / Ordinary income ¥319 million / Net income for the current fiscal year ¥207 million |
| Full-year earnings forecast | Net Sales ¥6,000 million / Operating profit ¥1,601 million / Ordinary income Not disclosed / Net income Not disclosed |
| Progress against full-year forecast | Progress against the first-half earnings forecast is stated as 46% for revenue, 44% for operating income, 43% for ordinary income and 43% for net income. Numerical progress against the full-year forecast is Not disclosed |
| Self-assessment against the plan | In line with plan / Progress is on track |
| Segment results | Cloud Business Net Sales ¥1,064 million / yoy_pct 16 / On-premises business Net Sales ¥238 million / yoy_pct -19 / Real Estate Leasing Business Net Sales ¥28 million / yoy_pct -23 / Cloud licenses Net Sales ¥900 million / yoy_pct 28 / Recurring Revenue ¥1,021 million (YoY +21.0%) |
| Breakdown of Factors Affecting the Change | Total costs Increase ¥103 million / Personnel Expenses Increase ¥120 million / Cloud costs Increase ¥6 million / Software amortization Increase ¥59 million |
| Key KPIs | Indicator name Number of cloud licenses / Value 848,952 Licensing / Year on year against the same period last year +26%, Indicator name Number of companies with cloud-based contracts / Value 2,649 companies / Year on year against the same period last year +10%, Indicator name Recurring revenue ratio / Value 78.4 % / Year on year against the same period last year +8.7%, Indicator name Monthly average cloud churn rate / Value 0.21 % / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Number of cloud licenses 848,952 Licensing / Enterprise ARPU ¥397 |
| Medium-term management plan targets | Revised plan for the fiscal year ending December 2026 Net Sales ¥6,000 million / Operating profit ¥1,601 million / Operating profit margin 26.7 % / Targets for fiscal 2027 and beyond 1 million cloud licenses |
| Market Size / Share | Employment management Market Size ¥30.3 billion / CAGR 8.5% / Human resources and payroll management Market Size ¥56.3 billion / CAGR 13.4% / Talent Management Market Size ¥49.8 billion / CAGR 13.1% / Labor Management Market Size ¥31 billion / CAGR 25.6% |
| New initiatives | Add talent management and payroll management functions to JOBEE, Accelerate the migration of existing on-premises customers to Universal Kintairo, Strengthen the cloud platform, data integration, authentication and authorization, and visualization and forecasting platforms, Advance the HRM platform initiative |
Items this document does not state (14)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial 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.The increase in cloud license sales drove revenue growth, while upfront investments weighed on earnings, including capital expenditures to support the expansion of cloud licenses, software amortization associated with the release of new features, and higher personnel expenses related to securing high-caliber talent.
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.