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
-115
Millions of yen (year-on-year change in revenue)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Financial Results PresentationFY2026/08 Second Quarter (Interim Period)12 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales4,723 Millions of yen-2.4%
Operating profit327 Millions of yen-19.1%
Ordinary income326 Millions of yen-17.9%
Net income137 Millions of yen-35.5%
Results for the three months of the current quarter
Net Sales
2,399 Millions of yen
Adjusted EBITDA
317 Millions of yen
Operating profit
187 Millions of yen
Full-year earnings forecast
Net Sales
11,500 Millions of yen
Adjusted EBITDA
1,300 Millions of yen
Operating profit
800 Millions of yen
Ordinary income
770 Millions of yen
Interim net income
360 Millions of yen
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 Sales41.0%
Adjusted EBITDA45.6%
Operating profit40.8%
Ordinary income42.3%
Interim net income38.0%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
The cashless services business is exceeding the initial profit expectations. Progress in revenue and profit in the digital signage-related business is behind the initial expectations.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Delivery timing shifts due to customer-related factors in the digital signage-related business
- Increase in monthly and recurring revenue in the cashless services business
- Costs in the cashless services business below plan
- Higher data center costs in the solutions business
The company identifies the factors but does not state the amount attributable to each one.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Digital signage deliveries and installations are expected to be concentrated from March through April, with delivery timing shifts expected to be resolved in the third quarter. Numerical assumptions for foreign exchange rates, raw material prices, interest rates and other factors: Not disclosed.New initiatives
- Development and launch of Omairi Pay, a cashless payment service dedicated to temples and shrines
- Consideration of expanding from temples belonging to the Kyoto Buddhist Association to temples and shrines nationwide
- Consideration of supporting online payments and donations in addition to counter payments for admission fees, votive items and other offerings
Key KPIsA metric the company considers important as a management benchmark.
- Recurring revenue838 Millions of yenYear on year against the same period last year+14.2%
- Cumulative payment processing volume7,728 Hundreds of millions of yen
- Cumulative number of stores133,425 Location
- Cumulative number of end users236,354 thousand customers
- Cumulative number of digital signage displays installed71,064 machinesYear on year against the same period last year+11.4%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
The presentation provides a breakdown based on the business model: payment processing volume × fee rate, and number of customers × average revenue per customer. Payment processing volume, number of stores, and number of end users are disclosed as actual metrics.Segment results
- Cashless Services BusinessNet Sales1,925 Millions of yen (YoY +2.1%)Profit463 Millions of yen (YoY +11.6%)
- Digital Signage-Related BusinessNet Sales2,413 Millions of yen (YoY -6.0%)Profit330 Millions of yen (YoY -12.7%)
- Solutions BusinessNet Sales388 Millions of yen (YoY +0.3%)Profit149 Millions of yen (YoY -6.3%)
Financial targets
Actual equity ratio: 50.9%. Target values for ROE, ROIC, D/E ratio and other metrics: Not disclosed.Market Size / Share
Number of Temples Belonging to the Kyoto Buddhist AssociationApproximately 1,100 temples
Number of Religious Corporations Operating Temples and Shrines Nationwide155,651 religious corporations
Orders received and order backlog
The presentation states that the number of projects and orders remained strong. Order value: Not disclosed.Number of stores and locations
Cumulative number of stores: 133,425. In-period openings and closures: Not disclosed.Number of employees
301 People
Reference dateAs of the end of August 2025
| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | FY2026/08 Second Quarter (Interim Period) |
| Net Sales | 4,723 Millions of yen (YoY -2.4%) |
| Operating profit | 327 Millions of yen (YoY -19.1%) |
| Ordinary income | 326 Millions of yen (YoY -17.9%) |
| Net income | 137 Millions of yen (YoY -35.5%) |
| Results for the three months of the current quarter | Net Sales 2,399 Millions of yen / Adjusted EBITDA 317 Millions of yen / Operating profit 187 Millions of yen |
| Full-year earnings forecast | Net Sales 11,500 Millions of yen / Adjusted EBITDA 1,300 Millions of yen / Operating profit 800 Millions of yen / Ordinary income 770 Millions of yen / Interim net income 360 Millions of yen |
| Progress against full-year forecast | Net Sales 41.0% / Adjusted EBITDA 45.6% / Operating profit 40.8% / Ordinary income 42.3% / Interim net income 38.0% |
| Self-assessment against the plan | The cashless services business is exceeding the initial profit expectations. Progress in revenue and profit in the digital signage-related business is behind the initial expectations. |
| Segment results | Segment Cashless Services Business / Net Sales 1,925 Millions of yen (YoY +2.1%) / Profit 463 Millions of yen (YoY +11.6%), Segment Digital Signage-Related Business / Net Sales 2,413 Millions of yen (YoY -6.0%) / Profit 330 Millions of yen (YoY -12.7%), Segment Solutions Business / Net Sales 388 Millions of yen (YoY +0.3%) / Profit 149 Millions of yen (YoY -6.3%) |
| Breakdown of Factors Affecting the Change | Factors Delivery timing shifts due to customer-related factors in the digital signage-related business / Amount Not disclosed, Factors Increase in monthly and recurring revenue in the cashless services business / Amount Not disclosed, Factors Costs in the cashless services business below plan / Amount Not disclosed, Factors Higher data center costs in the solutions business / Amount Not disclosed |
| Key KPIs | Indicator name Recurring revenue / Value 838 Millions of yen / Year on year against the same period last year 14.2 Millions of yen, Indicator name Cumulative payment processing volume / Value 7,728 Hundreds of millions of yen / Year on year against the same period last year Not disclosed, Indicator name Cumulative number of stores / Value 133,425 Location / Year on year against the same period last year Not disclosed, Indicator name Cumulative number of end users / Value 236,354 thousand customers / Year on year against the same period last year Not disclosed, Indicator name Cumulative number of digital signage displays installed / Value 71,064 machines / Year on year against the same period last year 11.4 machines |
| Unit price and quantity metrics | The presentation provides a breakdown based on the business model: payment processing volume × fee rate, and number of customers × average revenue per customer. Payment processing volume, number of stores, and number of end users are disclosed as actual metrics. |
| Number of stores and locations | Cumulative number of stores: 133,425. In-period openings and closures: Not disclosed. |
| Number of employees | 301 People |
| Assumptions Underlying the Business Outlook | Digital signage deliveries and installations are expected to be concentrated from March through April, with delivery timing shifts expected to be resolved in the third quarter. Numerical assumptions for foreign exchange rates, raw material prices, interest rates and other factors: Not disclosed. |
| Financial targets | Actual equity ratio: 50.9%. Target values for ROE, ROIC, D/E ratio and other metrics: Not disclosed. |
| Orders received and order backlog | The presentation states that the number of projects and orders remained strong. Order value: Not disclosed. |
| Market Size / Share | Number of Temples Belonging to the Kyoto Buddhist Association Approximately 1,100 temples / Number of Religious Corporations Operating Temples and Shrines Nationwide 155,651 religious corporations |
| New initiatives | Development and launch of Omairi Pay, a cashless payment service dedicated to temples and shrines, Consideration of expanding from temples belonging to the Kyoto Buddhist Association to temples and shrines nationwide, Consideration of supporting online payments and donations in addition to counter payments for admission fees, votive items and other offerings |
Items this document does not state (10)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresKey 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.In the digital signage-related business, deliveries were delayed due to customer-related factors, including crowded implementation schedules resulting from strong demand and other external factors. In the cashless services business, monthly revenue from proprietary Pay services and cross-selling to existing customers increased, while costs were kept below plan.
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.
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