Contents of this document
Financial results presentationThird quarter of the fiscal year ending December 202611 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥13,534 million+23.6%
Operating profit¥1,620 million+76.1%
Ordinary income¥1,866 million+87.3%
Net income¥1,197 million+64.4%
Gross Profit Margin50.6 %
Operating profit margin12 %
Selling, general and administrative expenses¥5,224 million
Results for the three months of the current quarter
Net Sales
¥4,650 million+19.4%
NotesRevenue for the standalone third quarter of fiscal 2026. Described as a record high.
Full-year earnings forecast
Net Sales
¥18,201 million
Gross profit
¥9,113 million
Operating profit
¥1,469 million
Ordinary income
¥1,655 million
Net income
¥1,144 million
EBITDA
¥1,849 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。
Net Sales74.4%
Cost of sales73.6%
Gross profit75.1%
Selling, general and administrative expenses68.3%
Operating profit110.3%
EBITDA100.8%
Ordinary income112.8%
Net income104.7%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress is substantially ahead of plan, with net sales and profit at each stage running above the initial forecasts.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Gross profit
Revenue increase2,580
Increase in labor costs-603
Increase in outsourcing expenses-89
Increase in other cost of sales-202
Foreign-exchange impact-91
Operating profit
Revenue increase2,580
Increase in cost of sales-895
Increase in personnel expenses-452
Increase in other SG&A expenses-376
Foreign-exchange impact-155
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Average exchange rate during the period
FY2026 3Q YTD¥0.00600 per Vietnamese dong
Full-year forecast¥0.00590 per Vietnamese dong
New initiatives
- Launch of AI source code diagnostics using proprietary AI agents
- Free public release of the Nova design system for AI-driven development
- Accreditation as an official Figma service partner
- Accreditation as a Microsoft Azure Solutions Partner in 2 areas
- Launch of AI DataOps Platform YOSUKA
Key KPIsA metric the company considers important as a management benchmark.
- Unique customers192 companies
- Track record of supporting AI-driven development40 companies
- Sales mix including AI-driven development49 %Year on year against the same period last year+15 percentage points
- Number of industries supported14 Industry
- Development support track record1,300 Cases or more
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Unique customers192 companies
Segment results
Creative & Engineering
Year-on-year revenue comparison+22.6%
Talent Platform
Year-on-year revenue comparison+14.0%
Incubation
Year-on-year revenue comparison+7.2%
Financial targets
Equity ratio
64.7 %
As ofEnd of September 2026
Market Size / Share
Domestic IT modernization services market
2025¥13,044 100 million
2030 forecast¥21,234 100 million
CAGR10.2%
Number of employees
Number of Employees2,060 people
Reference date31 March 2026
Changes during the period and hiring planContinue to promote recruitment and employee development
Annual Dividend
Annual dividend per share¥10
End of period¥10
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Third quarter of the fiscal year ending December 2026 |
| Net Sales | ¥13,534 million (YoY +23.6%) |
| Operating profit | ¥1,620 million (YoY +76.1%) |
| Ordinary income | ¥1,866 million (YoY +87.3%) |
| Net income | ¥1,197 million (YoY +64.4%) |
| Gross Profit Margin | 50.6 % |
| Operating profit margin | 12 % |
| Selling, general and administrative expenses | ¥5,224 million |
| Results for the three months of the current quarter | Net Sales ¥4,650 million (YoY +19.4%) / Notes Revenue for the standalone third quarter of fiscal 2026. Described as a record high. |
| Full-year earnings forecast | Net Sales ¥18,201 million / Gross profit ¥9,113 million / Operating profit ¥1,469 million / Ordinary income ¥1,655 million / Net income ¥1,144 million / EBITDA ¥1,849 million |
| Progress against full-year forecast | Net Sales 74.4% / Cost of sales 73.6% / Gross profit 75.1% / Selling, general and administrative expenses 68.3% / Operating profit 110.3% / EBITDA 100.8% / Ordinary income 112.8% / Net income 104.7% |
| Self-assessment against the plan | Progress is substantially ahead of plan, with net sales and profit at each stage running above the initial forecasts. |
| Segment results | Creative & Engineering Year-on-year revenue comparison +22.6% / Profit Not disclosed / Talent Platform Year-on-year revenue comparison +14.0% / Profit Not disclosed / Incubation Year-on-year revenue comparison +7.2% / Profit Not disclosed |
| Breakdown of Factors Affecting the Change | Gross profit Revenue increase 2,580 / Increase in labor costs -603 / Increase in outsourcing expenses -89 / Increase in other cost of sales -202 / Foreign-exchange impact -91 / Operating profit Revenue increase 2,580 / Increase in cost of sales -895 / Increase in personnel expenses -452 / Increase in other SG&A expenses -376 / Foreign-exchange impact -155 |
| Key KPIs | Indicator name Unique customers / Value 192 companies / Year on year against the same period last year Not disclosed, Indicator name Track record of supporting AI-driven development / Value 40 companies / Year on year against the same period last year Not disclosed, Indicator name Sales mix including AI-driven development / Value 49 % / Year on year against the same period last year +15 percentage points, Indicator name Number of industries supported / Value 14 Industry / Year on year against the same period last year Not disclosed, Indicator name Development support track record / Value 1,300 Cases or more / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Unique customers 192 companies / Average monthly revenue per customer (ARPU) Not disclosed |
| Number of employees | Number of Employees 2,060 people / Reference date 31 March 2026 / Changes during the period and hiring plan Continue to promote recruitment and employee development |
| Assumptions Underlying the Business Outlook | Average exchange rate during the period FY2026 3Q YTD ¥0.00600 per Vietnamese dong / Full-year forecast ¥0.00590 per Vietnamese dong |
| Financial targets | Equity ratio 64.7 % |
| Annual Dividend | Annual dividend per share ¥10 / Interim Not disclosed / End of period ¥10 |
| Market Size / Share | Domestic IT modernization services market 2025 ¥13,044 100 million / 2030 forecast ¥21,234 100 million / CAGR 10.2% |
| New initiatives | Launch of AI source code diagnostics using proprietary AI agents, Free public release of the Nova design system for AI-driven development, Accreditation as an official Figma service partner, Accreditation as a Microsoft Azure Solutions Partner in 2 areas, Launch of AI DataOps Platform YOSUKA |
Items this document does not state (8)
Number of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsPayout 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.