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Financial results presentation4071Plus Alpha Consulting Co.,LTD.Information and Communications, Services and Others

Second-Quarter Financial Results Presentation for the Fiscal Year Ending September 2026

For the six months ended September 2026, revenue and operating profit both exceeded the year-earlier period, and the operating margin also improved. Marketing Solutions, however, reported lower revenue and operating profit. The dividend policy was also changed to the higher of a 40% payout ratio or 8% dividend-on-equity (DOE), and the year-end dividend forecast was raised to ¥50 per share.

Worth reading
71In focus
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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
14.2
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationSecond quarter of the fiscal year ending September 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥9,341 million+14.2%
Operating profit¥3,692 million+32.2%
Ordinary income¥3,681 million+34.6%
Net income¥2,518 million+36.0%
Operating profit margin39.5 %
Selling, general and administrative expenses¥2,920 million
Results for the three months of the current quarter
Net Sales
¥4,902 million+14.4%
Operating profit
¥2,015 million+20.6%
Ordinary income
¥2,007 million+24.1%
Net income
¥1,373 million+25.3%
Operating profit margin
41.1 %
Full-year earnings forecast
Net Sales
¥19,500 million
Operating profit
¥7,500 million
Ordinary income
¥7,500 million
Net income
¥5,200 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 Sales47.9 %
Operating profit49.2 %
Ordinary income49.1 %
Net income48.4 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Operating profit: ¥2,792 million in the year-earlier period to ¥3,692 million in the current period
HR revenue¥1,270 million
Marketing Solutions revenue¥-106 million
Personnel Expenses¥-331 million
Marketing Expenses¥290 million
Systems expenses¥-110 million
Other¥-135 million
Full-year operating profit plan: ¥6,378 million to ¥7,500 million
HR revenue¥2,555 million
Marketing Solutions revenue¥-140 million
Personnel Expenses¥-697 million
Marketing expenses¥-98 million
Systems expenses¥-237 million
Other¥-261 million
New initiatives
  • Adding AI agent functionality to Talent Palette
  • Full-scale rollout of the HR consulting business
  • Collaboration with ラクス on 「Rakuraku HR and Labor Management」
  • Integration of Talent Palette with NewsPicks
  • Launch of 「AI Customer Harassment Guard」
Key KPIsA metric the company considers important as a management benchmark.
  • Customer Base2,995 Engagements
    yoy_change+130 customers
  • ARR¥16,116 million+12.9%
  • ARPU¥451 thousand+8.4%
  • HR Solutions customers2,259 Engagements
    yoy_change+223 customers
  • HR Solutions MRR¥1,045 million+19.0%
  • HR Solutions churn rate0.36 %
    yoy_change▲0.01pt
  • Marketing Solutions customers736 Engagements
  • Marketing Solutions churn rate1.34 %
    yoy_change+0.18%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Companywide
Customer Base
2,995 Engagements
yoy_change+130 customers
ARPU
¥451 thousand+8.4%
HR Solutions
Customer Base
2,259 Engagements
yoy_change+223 customers
ARPU
¥468 thousand+8.3%
Marketing Solutions
Customer Base
736 Engagements
ARPU
¥400 thousand+6.3%
Segment results
HR Solutions
Net Sales
¥7,498 million+20.4%
Operating profit
¥3,776 million+38.4%
Operating profit margin
50.4 %
Marketing Solutions
Net Sales
¥1,843 million-5.5%
Operating profit
¥724 million-17.8%
Operating profit margin
39.3 %
Financial targets
ROE targetAt least 30%
Actual ROE
Fiscal year ending September 2026 plan31 %
Equity ratio
End of March 202681.1 %
Number of employees
483 people
ChangeYear-on-year change: not disclosed
Annual Dividend
Annual dividend per share¥50
Year-end dividend¥50
Payout ratio
40 %
DOE
8 %
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending September 2026
Net Sales¥9,341 million (YoY +14.2%)
Operating profit¥3,692 million (YoY +32.2%)
Ordinary income¥3,681 million (YoY +34.6%)
Net income¥2,518 million (YoY +36.0%)
Operating profit margin39.5 %
Selling, general and administrative expenses¥2,920 million
Results for the three months of the current quarterNet Sales ¥4,902 million (YoY +14.4%) / Operating profit ¥2,015 million (YoY +20.6%) / Ordinary income ¥2,007 million (YoY +24.1%) / Net income ¥1,373 million (YoY +25.3%) / Operating profit margin 41.1 %
Full-year earnings forecastNet Sales ¥19,500 million / Operating profit ¥7,500 million / Ordinary income ¥7,500 million / Net income ¥5,200 million
Progress against full-year forecastNet Sales 47.9 % / Operating profit 49.2 % / Ordinary income 49.1 % / Net income 48.4 %
Segment resultsHR Solutions Net Sales ¥7,498 million (YoY +20.4%) / Operating profit ¥3,776 million (YoY +38.4%) / Operating profit margin 50.4 % / Marketing Solutions Net Sales ¥1,843 million (YoY -5.5%) / Operating profit ¥724 million (YoY -17.8%) / Operating profit margin 39.3 %
Breakdown of Factors Affecting the ChangeOperating profit: ¥2,792 million in the year-earlier period to ¥3,692 million in the current period HR revenue ¥1,270 million / Marketing Solutions revenue ¥-106 million / Personnel Expenses ¥-331 million / Marketing Expenses ¥290 million / Systems expenses ¥-110 million / Other ¥-135 million / Full-year operating profit plan: ¥6,378 million to ¥7,500 million HR revenue ¥2,555 million / Marketing Solutions revenue ¥-140 million / Personnel Expenses ¥-697 million / Marketing expenses ¥-98 million / Systems expenses ¥-237 million / Other ¥-261 million
Key KPIs2,995 Engagements, ¥16,116 million (YoY +12.9%), ¥451 thousand (YoY +8.4%), 2,259 Engagements, ¥1,045 million (YoY +19.0%), 0.36 %, 736 Engagements, 1.34 %
Unit price and quantity metricsCompanywide Customer Base 2,995 Engagements / ARPU ¥451 thousand (YoY +8.4%) / HR Solutions Customer Base 2,259 Engagements / ARPU ¥468 thousand (YoY +8.3%) / Marketing Solutions Customer Base 736 Engagements / ARPU ¥400 thousand (YoY +6.3%)
Number of employees483 people
Financial targetsROE target At least 30% / Actual ROE 31 % / Equity ratio 81.1 %
Annual DividendAnnual dividend per share ¥50 / Interim Dividend Not disclosed / Year-end dividend ¥50
Payout ratio40 %
New initiativesAdding AI agent functionality to Talent Palette, Full-scale rollout of the HR consulting business, Collaboration with ラクス on 「Rakuraku HR and Labor Management」, Integration of Talent Palette with NewsPicks, Launch of 「AI Customer Harassment Guard」
Items this document does not state (11)
Gross Profit MarginSelf-assessment against the planNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsAcquisition 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.

Company-wide revenue growth was driven by an increase in the number of customers, higher ARPU and expanding consulting revenue in HR Solutions. Profit growth reflected higher revenue in HR Solutions as well as lower marketing expenses associated with the strategic shift toward enterprise customers. The decline in revenue and profit in Marketing Solutions was attributed to decreases in the number of customers and active accounts resulting from persistently high cancellations of Mieruka Engine, the visualization engine.

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Second-Quarter Financial Results Presentation for the Fiscal Year Ending September 2026 | Plus Alpha Consulting Co.,LTD. (4071) timely disclosure | Komori