Worth reading
59In focus
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
1071
¥ million (year-on-year increase in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSix months ended June 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥4,179 million
Operating profit¥287 million
Ordinary income¥325 million
Net income¥211 million profit attributable to owners of the parent
Selling, general and administrative expenses¥1,935 million
Operating profit margin6.9%, down 0.4 percentage points from 7.3% in the year-earlier period
Results for the three months of the current quarterA graph shows quarterly revenue and operating income trends and year-on-year comparisons, but specific figures for the three months of the quarter are Not disclosed
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Operating income, 2Q FY2025¥228 million
- Map optimization + real estate DX SaaS¥204 million
- Administrative expenses¥13 million
- Delayed recovery in affiliate business¥-95 million
- デザインワン・ジャパン consolidation + トライハッチ (including amortization of goodwill)¥-24 million
- Consolidated adjustments¥-39 million
- Operating income, 2Q FY2026¥287 million
New initiatives
- Implementing AI functions and strengthening development for map optimization
- Launching a pay-as-you-go online reservation service for エキテン byGMO
- Launching a reservation search function that allows users to search by desired visit date
- Adding an AI chatbot auto-reply function to the GMO賃貸DX tenant app
- Monthly product updates and expansion of the product lineup
- Active use of AI and RPA and recruitment of AI talent
- Creating integration synergies through sales to each company's customer base
- Bringing outsourced operations in-house
- Becoming an accredited ACP partner of Momentum
Key KPIsA metric the company considers important as a management benchmark.
- AI SaaS business revenue ratio68 %
- Number of stores using map optimization SaaS100,000 over stores
- Marketing data held200,000 Location
- Domestic revenue share of map optimization SaaSNo.1
- Number of owners using real estate DX SaaS35 10,000 people
- Real estate app services market share10% in 2026, 14% in 2028
- Number of overseas sales personnel+34% year on yearYear on year against the same period last yearIncreased
- Number of events attended and exhibitions held3x year on yearYear on year against the same period last yearIncreased
- Number of seminars held8x year on yearYear on year against the same period last yearIncreased
Segment results
Quarterly revenue and operating income trends by segment are shown in graphs, but no detailed numerical breakdown is provided and the figures are Not disclosed. Revenue from map optimization increased 38% year on yearMarket Size / Share
- Domestic MEO market¥26.0 billion in 2025, ¥28.4 billion in 2026, ¥30.6 billion in 2028
- Real estate technology market¥1,591.5 billion in FY2025, ¥2,378.0 billion in FY2030
- Real estate app services marketApproximately ¥6.0 billion per year
- Real estate app and related services marketApproximately ¥8.0 billion per year
- Domestic revenue share of map optimization SaaSNo. 1 for 3 consecutive years
Number of employees
Number of Employees476 People consolidated, as of February 2026
Changes during the period and hiring planThe company states a policy of actively recruiting AI talent
Annual Dividend
The per-share dividend is Not disclosed. The forecast total dividend for 2026 is ¥436 million, with a policy of maintaining a payout ratio of at least 65% and distributing negative goodwill evenly over five yearsPayout ratio
Forecast 98.5% (65% payout ratio plus equal distribution of negative goodwill over five years)| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Six months ended June 2026 |
| Net Sales | ¥4,179 million |
| Operating profit | ¥287 million |
| Ordinary income | ¥325 million |
| Net income | ¥211 million (profit attributable to owners of the parent) |
| Operating profit margin | 6.9%, down 0.4 percentage points from 7.3% in the year-earlier period |
| Selling, general and administrative expenses | ¥1,935 million |
| Results for the three months of the current quarter | A graph shows quarterly revenue and operating income trends and year-on-year comparisons, but specific figures for the three months of the quarter are Not disclosed |
| Segment results | Quarterly revenue and operating income trends by segment are shown in graphs, but no detailed numerical breakdown is provided and the figures are Not disclosed. Revenue from map optimization increased 38% year on year |
| Breakdown of Factors Affecting the Change | Factors Operating income, 2Q FY2025 / Amount ¥228 million, Factors Map optimization + real estate DX SaaS / Amount ¥204 million, Factors Administrative expenses / Amount ¥13 million, Factors Delayed recovery in affiliate business / Amount ¥-95 million, Factors デザインワン・ジャパン consolidation + トライハッチ (including amortization of goodwill) / Amount ¥-24 million, Factors Consolidated adjustments / Amount ¥-39 million, Factors Operating income, 2Q FY2026 / Amount ¥287 million |
| Key KPIs | Indicator name AI SaaS business revenue ratio / Value 68 % / Year on year against the same period last year Not disclosed, Indicator name Number of stores using map optimization SaaS / Value 100,000 over stores / Year on year against the same period last year Not disclosed, Indicator name Marketing data held / Value 200,000 Location / Year on year against the same period last year Not disclosed, Indicator name Domestic revenue share of map optimization SaaS / Value No.1 / Year on year against the same period last year Not disclosed, Indicator name Number of owners using real estate DX SaaS / Value 35 10,000 people / Year on year against the same period last year Not disclosed, Indicator name Real estate app services market share / Value 10% in 2026, 14% in 2028 / Year on year against the same period last year Not disclosed, Indicator name Number of overseas sales personnel / Value +34% year on year / Year on year against the same period last year Increased, Indicator name Number of events attended and exhibitions held / Value 3x year on year / Year on year against the same period last year Increased, Indicator name Number of seminars held / Value 8x year on year / Year on year against the same period last year Increased |
| Number of employees | Number of Employees 476 People (consolidated, as of February 2026) / Changes during the period and hiring plan The company states a policy of actively recruiting AI talent |
| Annual Dividend | The per-share dividend is Not disclosed. The forecast total dividend for 2026 is ¥436 million, with a policy of maintaining a payout ratio of at least 65% and distributing negative goodwill evenly over five years |
| Payout ratio | Forecast 98.5% (65% payout ratio plus equal distribution of negative goodwill over five years) |
| Market Size / Share | Market Domestic MEO market / Value ¥26.0 billion in 2025, ¥28.4 billion in 2026, ¥30.6 billion in 2028, Market Real estate technology market / Value ¥1,591.5 billion in FY2025, ¥2,378.0 billion in FY2030, Market Real estate app services market / Value Approximately ¥6.0 billion per year, Market Real estate app and related services market / Value Approximately ¥8.0 billion per year, Market Domestic revenue share of map optimization SaaS / Value No. 1 for 3 consecutive years |
| New initiatives | Implementing AI functions and strengthening development for map optimization, Launching a pay-as-you-go online reservation service for エキテン byGMO, Launching a reservation search function that allows users to search by desired visit date, Adding an AI chatbot auto-reply function to the GMO賃貸DX tenant app, Monthly product updates and expansion of the product lineup, Active use of AI and RPA and recruitment of AI talent, Creating integration synergies through sales to each company's customer base, Bringing outsourced operations in-house, Becoming an accredited ACP partner of Momentum |
Items this document does not state (14)
Gross Profit MarginFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial 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 increased as a result of the business integration with デザインワン・ジャパン and トライハッチ, while operating income increased due to steady growth in the AI SaaS business. Growth in map optimization and real estate DX SaaS is cited as a factor behind the increase in operating income.
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.