Worth reading
55In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
10
¥ million (increase from the previous operating profit forecast)Wording
Conditional
How definitive the wording is.Contents of this document
Results presentationThird 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¥2,437 million+35.1%
Operating profit¥491 million+20.0%
Ordinary income¥494 million+25.3%
Net income¥331 million+28.9%
Operating profit margin20.2 %
Selling, general and administrative expenses¥541 million
Results for the three months of the current quarter
Net Sales
¥1,009 million
Operating profit
¥196 million
Operating profit margin
19.4 %
EBITDA
¥236 million
Full-year earnings forecast
Net Sales
¥5,656 million
Operating profit
¥750 million
Ordinary income
¥740 million
Net income for the current fiscal year
¥447 million
Dividend per share
53.01 Yen
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 Sales72.5
Operating profit74.4
Ordinary income75.8
Net income for the current fiscal year77.3
StandardConsolidated earnings forecast announced on 15 June 2026
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Tracking steadily against the 9/24 earnings forecastBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Change in sales
GMO Commerce organic growth403
GMO Digital Lab July–September236
Consolidation processing-6
New initiatives
- GMO NIKKO and GMOインサイト joining the group and becoming consolidated
- Building an AI marketing platform through a four-company structure
- Rolling out stock-based products, including AI-related products and store AIO
- Cross-selling and synergy initiatives leveraging the customer, sales and product platforms of each group company
Key KPIsA metric the company considers important as a management benchmark.
- ARR¥3,139 millionYear-on-year (%)35.2
- Customer Base20,631 storesYear-on-year (%)26
- Revenue per customer12,689 YenYear-on-year (%)6.5
- Churn rate1.5 %Year-on-year_pt-0.3
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Customer Base
20,631 stores+26.0%
Revenue per customer
12,689 Yen+6.5%
Medium-term management plan targets
FY2027.12Operating profit of ¥1.2 billion or more
Previous targetOperating profit of ¥1 billion in the fiscal year ending December 2028
ChangeThe target was brought forward by one year and increased by ¥200 million
Market Size / Share
AI-related market¥3.2 trillion (2029 forecast)
Agentic commerce¥12.5 trillion (2026 estimate)
Retail media advertising market¥1.3 trillion (2029 forecast)
Number of stores and locations
20,631 customer locations. Number of openings and closures during the period: Not disclosedAnnual Dividend
Annual dividend per share53.01 Yen
Payout ratio
65 %
DOE8
| Item | Details |
|---|---|
| Document type | Results presentation |
| Fiscal Period Covered | Third quarter of the fiscal year ending December 2026 |
| Net Sales | ¥2,437 million (YoY +35.1%) |
| Operating profit | ¥491 million (YoY +20.0%) |
| Ordinary income | ¥494 million (YoY +25.3%) |
| Net income | ¥331 million (YoY +28.9%) |
| Operating profit margin | 20.2 % |
| Selling, general and administrative expenses | ¥541 million |
| Results for the three months of the current quarter | Net Sales ¥1,009 million / Operating profit ¥196 million / Operating profit margin 19.4 % / EBITDA ¥236 million |
| Full-year earnings forecast | Net Sales ¥5,656 million / Operating profit ¥750 million / Ordinary income ¥740 million / Net income for the current fiscal year ¥447 million / Dividend per share 53.01 Yen |
| Progress against full-year forecast | Net Sales 72.5 / Operating profit 74.4 / Ordinary income 75.8 / Net income for the current fiscal year 77.3 / Standard Consolidated earnings forecast announced on 15 June 2026 |
| Self-assessment against the plan | Tracking steadily against the 9/24 earnings forecast |
| Breakdown of Factors Affecting the Change | Change in sales GMO Commerce organic growth 403 / GMO Digital Lab July–September 236 / Consolidation processing -6 |
| Key KPIs | Indicator name ARR / Value ¥3,139 million / Year-on-year (%) ¥35.2 million, Indicator name Customer Base / Value 20,631 stores / Year-on-year (%) 26 stores, Indicator name Revenue per customer / Value 12,689 Yen / Year-on-year (%) 6.5 Yen, Indicator name Churn rate / Value 1.5 % / Year-on-year_pt -0.3 % |
| Unit price and quantity metrics | Customer Base 20,631 stores (YoY +26.0%) / Revenue per customer 12,689 Yen (YoY +6.5%) |
| Number of stores and locations | 20,631 customer locations. Number of openings and closures during the period: Not disclosed |
| Medium-term management plan targets | FY2027.12 Operating profit of ¥1.2 billion or more / Previous target Operating profit of ¥1 billion in the fiscal year ending December 2028 / Change The target was brought forward by one year and increased by ¥200 million |
| Annual Dividend | Annual dividend per share 53.01 Yen / Interim Dividend Not disclosed / Year-end dividend Not disclosed |
| Payout ratio | 65 % |
| Market Size / Share | AI-related market ¥3.2 trillion (2029 forecast) / Agentic commerce ¥12.5 trillion (2026 estimate) / Retail media advertising market ¥1.3 trillion (2029 forecast) |
| New initiatives | GMO NIKKO and GMOインサイト joining the group and becoming consolidated, Building an AI marketing platform through a four-company structure, Rolling out stock-based products, including AI-related products and store AIO, Cross-selling and synergy initiatives leveraging the customer, sales and product platforms of each group company |
Items this document does not state (10)
Gross Profit MarginSegment resultsNumber of employeesAssumptions 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.The company cites the start of consolidation of GMOデジタルラボ, organic growth at GMOコマース, and business expansion and synergies resulting from the consolidation of GMO NIKKO and GMOインサイト. It also explained that the impact of the unauthorised access incident on earnings was minor.
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.