Komori
Earnings presentation410AGMO Commerce,Inc.Information and Communications, Services and Others

Results Briefing Materials for the Second Quarter of the Fiscal Year Ending December 2026

In the first half of FY2026, revenue and profit exceeded the year-earlier period and surpassed the company’s plan, driven by an increase in customer numbers and additional sales to existing customers. The full-year forecast was updated on a consolidated basis to reflect GMOデジタルラボ becoming a consolidated subsidiary on 1 July, and the annual dividend forecast was raised to ¥50.5.

Worth reading
72In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
23.8
Year-on-year revenue growth (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentationSecond quarter of the fiscal year ending December 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,427 million+23.8%
Operating profit¥295 million+14.4%
Ordinary income¥296 million+14.6%
Net income¥206 million+20.2%
Operating profit margin20.7 %
Results for the three months of the current quarter
Net Sales
¥717 million
Operating profit
¥137 million
Operating profit margin
19.2 %
Full-year earnings forecast
Net Sales
¥3,356 million
Operating profit
¥660 million
Ordinary income
¥651 million
Net income for the current fiscal year
¥428 million
Dividend per share
¥50.5
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 Sales48.3 %
Operating profit46.2 %
Ordinary income46.3 %
Net income for the current fiscal year48.9 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Ahead of plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Broader adoption
  • Acquisition of major chains
  • Sales partner initiatives
  • Existing-customer expansion and upselling
  • Cost structure improvement through efficiency measures

The company identifies the factors but does not state the amount attributable to each one.

New initiatives
  • GMOデジタルラボ becoming a consolidated subsidiary on 1 July 2026
  • Launch of the new GMO店舗AIO service (GMO Store AIO)
  • Renewal of the AI recommendation engine
  • Agent connectivity through MCP support
Key KPIsA metric the company considers important as a management benchmark.
  • ARR¥2,796 million+24.9%
  • Customer Base18,191 Location+14.6%
  • Average Revenue per Customer¥12,665+6.8%
  • Customer churn rate1.3 %-1.2%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Customer Base
18,191 Location+14.6%
Average Revenue per Customer
¥12,665+6.8%
Medium-term management plan targets
FY2028
ARR¥4.5 billion or more
Customer Base24,000 stores
Average Revenue per Customer¥16,000
Market Size / Share
Customer engagement DX market
¥9,451 billion 2030 forecast
Businesses not yet using AIOMore than 90% of businesses
Number of employees
GMO Digital Lab84 people (as of March 2026)
Annual Dividend
¥50.5
Payout ratio
65 %
DOE
8 %
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending December 2026
Net Sales¥1,427 million (YoY +23.8%)
Operating profit¥295 million (YoY +14.4%)
Ordinary income¥296 million (YoY +14.6%)
Net income¥206 million (YoY +20.2%)
Operating profit margin20.7 %
Results for the three months of the current quarterNet Sales ¥717 million / Operating profit ¥137 million / Operating profit margin 19.2 %
Full-year earnings forecastNet Sales ¥3,356 million / Operating profit ¥660 million / Ordinary income ¥651 million / Net income for the current fiscal year ¥428 million / Dividend per share ¥50.5
Progress against full-year forecastNet Sales 48.3 % / Operating profit 46.2 % / Ordinary income 46.3 % / Net income for the current fiscal year 48.9 %
Self-assessment against the planAhead of plan
Breakdown of Factors Affecting the ChangeFactors Broader adoption / Amount Not disclosed, Factors Acquisition of major chains / Amount Not disclosed, Factors Sales partner initiatives / Amount Not disclosed, Factors Existing-customer expansion and upselling / Amount Not disclosed, Factors Cost structure improvement through efficiency measures / Amount Not disclosed
Key KPIsARR ¥2,796 million (YoY +24.9%), Customer Base 18,191 Location (YoY +14.6%), Average Revenue per Customer ¥12,665 (YoY +6.8%), Customer churn rate 1.3 % (YoY -1.2%)
Unit price and quantity metricsCustomer Base 18,191 Location (YoY +14.6%) / Average Revenue per Customer ¥12,665 (YoY +6.8%)
Number of employeesGMO Digital Lab 84 people (as of March 2026)
Medium-term management plan targetsFY2028 ARR ¥4.5 billion or more / Customer Base 24,000 stores / Average Revenue per Customer ¥16,000
Annual Dividend¥50.5
Payout ratio65 %
Market Size / ShareCustomer engagement DX market ¥9,451 billion (2030 forecast) / Businesses not yet using AIO More than 90% of businesses
New initiativesGMOデジタルラボ becoming a consolidated subsidiary on 1 July 2026, Launch of the new GMO店舗AIO service (GMO Store AIO), Renewal of the AI recommendation engine, Agent connectivity through MCP support
Items this document does not state (11)
Gross Profit MarginSelling, general and administrative expensesSegment resultsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAcquisition 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.

Revenue growth was driven by broader adoption, acquisition of major chains, efforts by sales partners, and expansion and upselling among existing customers. On the profit side, the company cited improvements in its cost structure through efficiency measures. The full-year forecast update and dividend increase resulted from GMOデジタルラボ becoming a consolidated subsidiary.

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.
Results Briefing Materials for the Second Quarter of the Fiscal Year Ending December 2026 | GMO Commerce,Inc. (410A) timely disclosure | Komori