Worth reading
65In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
5.1
Year-on-year revenue growth (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationThird quarter of the fiscal year ending July 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥990 million+5.1%
Operating profit¥132 million+8.4%
Ordinary income¥137 million+11.6%
Net income¥93 million+11.0%
Operating profit margin13.3 %
Results for the three months of the current quarter
Operating profit
¥59 million
Operating profit margin
16.9 %
Revenue as a percentage of the full-year forecast
23.4 %
Full-year earnings forecast
Net Sales
¥1,510 million
Operating profit
¥224 million
Ordinary income
¥226 million
Net income
¥161 million
EBITDA
¥450 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 Sales65.6 %
Operating profit58.7 %
Ordinary income60.6 %
Net income58.3 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Although revenue progress was below expectations, profit at each stage remained solid due to cost reductionsBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Factors behind the decline in revenue: multiple projects shifting between periods, delays in hardware procurement due to the semiconductor shortage, and revisions to customers' budget execution policies. Factors behind the decline in costs: changes in the timing of the office relocation, multiple projects shifting between periods, and lower personnel expenses resulting from a decline in headcount. Amount breakdown: Not disclosed
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Seasonality, the expected resolution in Q4 of projects shifted between periods, and progress on large-scale projects may cause the quarter with the highest revenue to vary. Numerical assumptions are Not disclosedNew initiatives
- Launch of the MCP server functionality for Neuron ES
- Release of demonstration results for manufacturing-site automation using humanoid robots and AGVs
- Selection for AWS Japan's Physical AI Development Support Program through a project with アイシン
- Focus on product development and research and development
- Planned office relocation in anticipation of business expansion
Key KPIsA metric the company considers important as a management benchmark.
- Newly purchased licenses26 bottles
- Net change in stock licenses-18 bottles
- Total licenses480 bottles
- Monthly churn rate (Q3 average)3.8 %
- Cumulative published case studies107 companies
- User companies363 companies
- AI models in operation35,000 or more
Unit price and quantity metricsThese figures show sales broken down by price and volume.
License pricing comprises volume (number of users, data volume, number of edge devices, etc.) multiplied by unit price (product type, options, etc.). The actual numerical breakdown is Not disclosedMedium-term management plan targets
Sales growth rate20%+ (three-year revenue CAGR)
Period CoveredFY25-27
Market Size / Share
User companies with sales of ¥100 billion or more156
User companies363
Number of companies with sales of ¥500 billion or more71
Percentage of companies with sales of ¥500 billion or more19.5%
Companies purchasing multiple licenses75
Percentage of companies purchasing multiple licenses21%
Average licenses per company purchasing multiple licenses4.0 licenses/company
Number of employees
70 people
Change during the periodHeadcount increased by 1 from the end of Q2 and decreased by 3 from the end of the previous fiscal year
Hiring planContinue hiring highly specialized personnel while maintaining hiring standards
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Third quarter of the fiscal year ending July 2026 |
| Net Sales | ¥990 million (YoY +5.1%) |
| Operating profit | ¥132 million (YoY +8.4%) |
| Ordinary income | ¥137 million (YoY +11.6%) |
| Net income | ¥93 million (YoY +11.0%) |
| Operating profit margin | 13.3 % |
| Results for the three months of the current quarter | Net Sales Not disclosed / Operating profit ¥59 million / Operating profit margin 16.9 % / Revenue as a percentage of the full-year forecast 23.4 % |
| Full-year earnings forecast | Net Sales ¥1,510 million / Operating profit ¥224 million / Ordinary income ¥226 million / Net income ¥161 million / EBITDA ¥450 million |
| Progress against full-year forecast | Net Sales 65.6 % / Operating profit 58.7 % / Ordinary income 60.6 % / Net income 58.3 % |
| Self-assessment against the plan | Although revenue progress was below expectations, profit at each stage remained solid due to cost reductions |
| Breakdown of Factors Affecting the Change | Factors behind the decline in revenue: multiple projects shifting between periods, delays in hardware procurement due to the semiconductor shortage, and revisions to customers' budget execution policies. Factors behind the decline in costs: changes in the timing of the office relocation, multiple projects shifting between periods, and lower personnel expenses resulting from a decline in headcount. Amount breakdown: Not disclosed |
| Key KPIs | 26 bottles, -18 bottles, 480 bottles, 3.8 %, 107 companies, 363 companies, 35,000 or more |
| Unit price and quantity metrics | License pricing comprises volume (number of users, data volume, number of edge devices, etc.) multiplied by unit price (product type, options, etc.). The actual numerical breakdown is Not disclosed |
| Number of employees | 70 people |
| Assumptions Underlying the Business Outlook | Seasonality, the expected resolution in Q4 of projects shifted between periods, and progress on large-scale projects may cause the quarter with the highest revenue to vary. Numerical assumptions are Not disclosed |
| Medium-term management plan targets | Sales growth rate 20%+ (three-year revenue CAGR) / Period Covered FY25-27 |
| Market Size / Share | User companies with sales of ¥100 billion or more 156 / User companies 363 / Number of companies with sales of ¥500 billion or more 71 / Percentage of companies with sales of ¥500 billion or more 19.5% / Companies purchasing multiple licenses 75 / Percentage of companies purchasing multiple licenses 21% / Average licenses per company purchasing multiple licenses 4.0 licenses/company |
| New initiatives | Launch of the MCP server functionality for Neuron ES, Release of demonstration results for manufacturing-site automation using humanoid robots and AGVs, Selection for AWS Japan's Physical AI Development Support Program through a project with アイシン, Focus on product development and research and development, Planned office relocation in anticipation of business expansion |
Items this document does not state (12)
Gross Profit MarginSelling, general and administrative expensesSegment resultsNumber of stores and locationsRisk amount incorporated into the outlookFinancial 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.Multiple projects shifted between periods due to delays in customers' hardware procurement caused by the semiconductor shortage and revisions to customers' budget execution policies. At the same time, total costs were reduced due to changes in the timing of the office relocation, projects shifting between periods, and lower personnel expenses resulting from a decline in headcount.
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.
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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.