Worth reading
38Recurring
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
-148
¥ millionWording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFirst quarter of the fiscal year ending December 20265 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥676 million-18.0%
Operating profit¥-239 million
Results for the three months of the current quarter
Net Sales
¥676 million
Operating profit
¥-239 million
EBITDA
¥-202 million
EBITDA excluding M&A-related expenses
¥-152 million
Full-year earnings forecast
Net Sales
¥5,300 million
EBITDA excluding M&A-related expenses
¥400 million
EBITDA margin
7.5 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Below plan (first-quarter revenue was slightly below the initial Q1 forecast)Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Revenue is expected to increase toward the fourth quarter, taking into account the timing of business acquisitions. The numerical assumptions are Not disclosedNew initiatives
- Entry into the event and entertainment sector through the acquisition of all shares in ポマト・プロ
- Entry into the light art and urban entertainment sectors through the acquisition of all shares in カクタス
- Entry into the gaming solutions and amusement sectors through the acquisition of all shares in 魔法
- Synergy initiatives among the M&A companies, including mutual customer referrals, cross-selling, joint procurement and back-office integration
Key KPIsA metric the company considers important as a management benchmark.
- Number of M&A advisors313 companies
- Number of company profiles received509 Engagements
- Number of company profiles adopted19 Engagements
- Number of companies joining the group5 companies
- Number of financial institutions with which the company transacts25 companies
Market Size / Share
Potential demand for M&A related to business succession exceeds ¥13 trillion. The company is described as the leading player in the condominium signage advertising industry| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥676 million (YoY -18.0%) |
| Operating profit | ¥-239 million |
| Results for the three months of the current quarter | Net Sales ¥676 million / Operating profit ¥-239 million / EBITDA ¥-202 million / EBITDA excluding M&A-related expenses ¥-152 million |
| Full-year earnings forecast | Net Sales ¥5,300 million / EBITDA excluding M&A-related expenses ¥400 million / EBITDA margin 7.5 % / Other items Not disclosed |
| Self-assessment against the plan | Below plan (first-quarter revenue was slightly below the initial Q1 forecast) |
| Key KPIs | Indicator name Number of M&A advisors / Value 313 companies / Year on year against the same period last year Not disclosed, Indicator name Number of company profiles received / Value 509 Engagements / Year on year against the same period last year Not disclosed, Indicator name Number of company profiles adopted / Value 19 Engagements / Year on year against the same period last year Not disclosed, Indicator name Number of companies joining the group / Value 5 companies / Year on year against the same period last year Not disclosed, Indicator name Number of financial institutions with which the company transacts / Value 25 companies / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | Revenue is expected to increase toward the fourth quarter, taking into account the timing of business acquisitions. The numerical assumptions are Not disclosed |
| Market Size / Share | Potential demand for M&A related to business succession exceeds ¥13 trillion. The company is described as the leading player in the condominium signage advertising industry |
| New initiatives | Entry into the event and entertainment sector through the acquisition of all shares in ポマト・プロ, Entry into the light art and urban entertainment sectors through the acquisition of all shares in カクタス, Entry into the gaming solutions and amusement sectors through the acquisition of all shares in 魔法, Synergy initiatives among the M&A companies, including mutual customer referrals, cross-selling, joint procurement and back-office integration |
Items this document does not state (20)
Ordinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial 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 company explained that the decline in the product appeal of Generative web due to advances in AI, among other factors, was the main reason revenue fell below the initial forecast. It cited the expectation that business will ramp up as anticipated from the second quarter onward and the smooth progress of M&A as reasons for leaving the full-year budget unchanged.
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.