Worth reading
60In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
320
Millions of yen (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsThird quarter of the fiscal year ending June 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥6,304 million+5.4%
Operating profit¥210 million+19.9%
Ordinary income¥207 million+24.9%
Net income¥124 million+21.2%
Selling, general and administrative expenses¥1,283 million
Gross Profit Margin
Rate23.7
Year-on-year change (points)0.4
Operating profit margin
Rate3.3
Year-on-year change (points)0.4
Results for the three months of the current quarter
Net Sales
¥2,001 million
Operating profit
¥71 million
Revenue by service
Mobile856
IoT811
Other362
Full-year earnings forecast
Net Sales
¥8,684 million
Gross profit
¥1,987 million
Selling, general and administrative expenses
¥1,753 million
Operating profit
¥234 million
Ordinary income
¥228 million
Net income
¥128 million
EBITDA
¥315 million
Adjusted EBITDA
¥357 million
EPS
¥69.1
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 Sales72.6
Operating profit90.9
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Expected to finish broadly in line with plan. Operating income is progressing steadily in line with plan.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Higher revenue from IoT and Other, particularly the IT infrastructure business; a decline in Mobile; the reversal of the impact of one-off IoT projects; restrained investment by telecommunications carriers; improved gross margin from the IoT and IT infrastructure project mix; and higher SG&A expenses due to IT investment and share-based compensation costs.
New initiatives
- Pursuit of roll-up M&A targeting construction companies
- Launch of collaboration between the BLAS and Vieureka platforms
- Investment in MODE through a SAFE
- Update of the corporate philosophy (MVV)
Key KPIsA metric the company considers important as a management benchmark.
- Adjusted EBITDA¥287 millionYear on year against the same period last year+22.9%
- EBITDA¥268 millionYear on year against the same period last year+15.4%
- EPS¥67.18Year on year against the same period last year+20.4%
- Number of ベイシスパートナーズ522 companiesYear on year against the same period last year+63 companies versus 30 June 2024
- Impact of reduced work hours93 %
Segment results
Single segment (Infrastructure Tech business). By service: Mobile, ¥2,490 million (94.5% year on year); IoT, ¥2,720 million (113.2%); and Other, ¥1,092 million (115.5%).Medium-term management plan targets
FY30 revenue
300 Hundreds of millions of yen
IoT and IT revenue target
100 Hundreds of millions of yen
Comparison with actual resultsRevenue and EBITDA are expected to lag the medium-term management plan by approximately 1–2 years. Combined IoT and IT revenue is expected to exceed plan.
Number of stores and locations
Offices are located in Tokyo, Sendai, Osaka, Nagoya, Hiroshima and Fukuoka. Openings and closures during the period: Not disclosedNumber of employees
Number of Employees581 People
As ofConsolidated, as of 30 June 2025
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Third quarter of the fiscal year ending June 2026 |
| Net Sales | ¥6,304 million (YoY +5.4%) |
| Operating profit | ¥210 million (YoY +19.9%) |
| Ordinary income | ¥207 million (YoY +24.9%) |
| Net income | ¥124 million (YoY +21.2%) |
| Gross Profit Margin | Rate 23.7 / Year-on-year change (points) 0.4 |
| Operating profit margin | Rate 3.3 / Year-on-year change (points) 0.4 |
| Selling, general and administrative expenses | ¥1,283 million |
| Results for the three months of the current quarter | Net Sales ¥2,001 million / Operating profit ¥71 million / Revenue by service Mobile 856 / IoT 811 / Other 362 |
| Full-year earnings forecast | Net Sales ¥8,684 million / Gross profit ¥1,987 million / Selling, general and administrative expenses ¥1,753 million / Operating profit ¥234 million / Ordinary income ¥228 million / Net income ¥128 million / EBITDA ¥315 million / Adjusted EBITDA ¥357 million / EPS ¥69.1 |
| Progress against full-year forecast | Net Sales 72.6 / Operating profit 90.9 |
| Self-assessment against the plan | Expected to finish broadly in line with plan. Operating income is progressing steadily in line with plan. |
| Segment results | Single segment (Infrastructure Tech business). By service: Mobile, ¥2,490 million (94.5% year on year); IoT, ¥2,720 million (113.2%); and Other, ¥1,092 million (115.5%). |
| Breakdown of Factors Affecting the Change | Higher revenue from IoT and Other, particularly the IT infrastructure business; a decline in Mobile; the reversal of the impact of one-off IoT projects; restrained investment by telecommunications carriers; improved gross margin from the IoT and IT infrastructure project mix; and higher SG&A expenses due to IT investment and share-based compensation costs. |
| Key KPIs | Indicator name Adjusted EBITDA / Value ¥287 million / Year on year against the same period last year ¥22.9 million, Indicator name EBITDA / Value ¥268 million / Year on year against the same period last year ¥15.4 million, Indicator name EPS / Value ¥67.18 / Year on year against the same period last year ¥20.4, Indicator name Number of ベイシスパートナーズ / Value 522 companies / Year on year against the same period last year +63 companies versus 30 June 2024, Indicator name Impact of reduced work hours / Value 93 % / Year on year against the same period last year Not disclosed |
| Number of stores and locations | Offices are located in Tokyo, Sendai, Osaka, Nagoya, Hiroshima and Fukuoka. Openings and closures during the period: Not disclosed |
| Number of employees | Number of Employees 581 People / As of Consolidated, as of 30 June 2025 / Changes during the period and hiring plan Not disclosed |
| Medium-term management plan targets | FY30 revenue 300 Hundreds of millions of yen / IoT and IT revenue target 100 Hundreds of millions of yen / Comparison with actual results Revenue and EBITDA are expected to lag the medium-term management plan by approximately 1–2 years. Combined IoT and IT revenue is expected to exceed plan. |
| New initiatives | Pursuit of roll-up M&A targeting construction companies, Launch of collaboration between the BLAS and Vieureka platforms, Investment in MODE through a SAFE, Update of the corporate philosophy (MVV) |
Items this document does not state (11)
Unit price and quantity metricsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket 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.Revenue increased as the company advanced IoT-related projects and expanded projects in the IT infrastructure business. On the profit side, the improvement in gross margin resulting from the project mix in the IoT and IT infrastructure businesses contributed to higher operating income. Meanwhile, the mobile business declined as telecommunications carriers restrained investment.
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.