Worth reading
48Recurring
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
743
¥ million (downward revision to the full-year revenue forecast)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportThird quarter of the fiscal year ending November 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,706,000 thousand-4.5%
Operating profit¥167,576 thousand-13.4%
Ordinary income¥167,564 thousand-11.6%
Net income¥97,637 thousand-18.9%
Operating profit margin4.5 %
Selling, general and administrative expenses¥683,259 thousand
Gross Profit MarginAbove the same period of the previous year (the rate and change in percentage points are Not disclosed)
Results for the three months of the current quarter
Net Sales
¥1,233,978 thousand
Operating profit
¥58,862 thousand
Ordinary income
¥62,363 thousand
Net income
¥38,120 thousand
Full-year earnings forecast
Net Sales
¥4,956 million
Systems integration revenue
¥4,190 million
DX Solutions revenue
¥766 million
Operating profit
¥196 million
Ordinary income
¥194 million
Profit attributable to owners of the parent
¥110 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- 反動減 from large projects in the previous fiscal year, among other factors¥-131 million
- Improvement in gross profit margin, among other factors¥17 million
- Delays in new orders for Wisebook PVS and restraint on contract development¥-43 million
- Recurring revenue, CAD drafting services, and other sources¥12 million
- SG&A expense control¥11 million
- Other¥1 million
New initiatives
- Release of a new service, “Bulletin Board for Smartphones”
- Concentration of management resources on in-house products incorporating AI
- Expansion of prime contracts and a shift toward higher-value-added work in system integration services
Key KPIsA metric the company considers important as a management benchmark.
- System integration service revenue mix85.1 %
- DX solutions revenue mix14.9 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
The disclosure refers to an increase in the unit price per engineer, but the breakdown versus volume is Not disclosedSegment results
- Systems IntegrationNet Sales¥3,154 million
- DX SolutionsNet Sales¥551 million
Orders received and order backlog
The disclosure refers to new orders and project wins, but the amount is Not disclosedNumber of stores and locations
End of period6 Location
Number of employees
Number of Employees401 people
Reference dateApril 2026
Annual Dividend
¥30 per share
End of period30
Payout ratio
30 % or higher
TypeConsolidated payout ratio
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Third quarter of the fiscal year ending November 2026 |
| Net Sales | ¥3,706,000 thousand (YoY -4.5%) |
| Operating profit | ¥167,576 thousand (YoY -13.4%) |
| Ordinary income | ¥167,564 thousand (YoY -11.6%) |
| Net income | ¥97,637 thousand (YoY -18.9%) |
| Gross Profit Margin | Above the same period of the previous year (the rate and change in percentage points are Not disclosed) |
| Operating profit margin | 4.5 % |
| Selling, general and administrative expenses | ¥683,259 thousand |
| Results for the three months of the current quarter | Net Sales ¥1,233,978 thousand / Operating profit ¥58,862 thousand / Ordinary income ¥62,363 thousand / Net income ¥38,120 thousand |
| Full-year earnings forecast | Net Sales ¥4,956 million / Systems integration revenue ¥4,190 million / DX Solutions revenue ¥766 million / Operating profit ¥196 million / Ordinary income ¥194 million / Profit attributable to owners of the parent ¥110 million |
| Segment results | Segment Systems Integration / Net Sales ¥3,154 million / yoy_pct -4 / Profit Not disclosed, Segment DX Solutions / Net Sales ¥551 million / yoy_pct -7.2 / Profit Not disclosed |
| Breakdown of Factors Affecting the Change | Factors 反動減 from large projects in the previous fiscal year, among other factors / Amount ¥-131 million, Factors Improvement in gross profit margin, among other factors / Amount ¥17 million, Factors Delays in new orders for Wisebook PVS and restraint on contract development / Amount ¥-43 million, Factors Recurring revenue, CAD drafting services, and other sources / Amount ¥12 million, Factors SG&A expense control / Amount ¥11 million, Factors Other / Amount ¥1 million |
| Key KPIs | Indicator name System integration service revenue mix / Value 85.1 % / Year on year against the same period last year Not disclosed, Indicator name DX solutions revenue mix / Value 14.9 % / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | The disclosure refers to an increase in the unit price per engineer, but the breakdown versus volume is Not disclosed |
| Number of stores and locations | End of period 6 Location / Number of store openings and closures during the period Not disclosed |
| Number of employees | Number of Employees 401 people / Reference date April 2026 / Changes during the period and hiring plan Not disclosed |
| Annual Dividend | ¥30 per share |
| Payout ratio | 30 % or higher |
| Orders received and order backlog | The disclosure refers to new orders and project wins, but the amount is Not disclosed |
| New initiatives | Release of a new service, “Bulletin Board for Smartphones”, Concentration of management resources on in-house products incorporating AI, Expansion of prime contracts and a shift toward higher-value-added work in system integration services |
Items this document does not state (10)
Progress against full-year forecastSelf-assessment against the planAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesCapital expendituresMarket 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 stated reasons were the反動減 from a large project in the transportation and logistics sectors in the previous year, extensions to the start dates of some projects, a reduction in staffing plans following changes in customer policies, lost opportunities due to the engineer shortage, delays in new orders such as Wisebook PVS, and higher engineer personnel costs, external staffing costs, and cloud-system maintenance costs.
How to read this page
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.