Worth reading
55In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
1703
¥ million (year-on-year increase in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Results presentationThird quarter of the fiscal year ending December 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥6,398 million
Operating profit¥574 million
Ordinary income¥598 million
Net income¥374 million
Operating profit margin9 %
Selling, general and administrative expenses¥2,884 million
Results for the three months of the current quarterGraphs showing quarterly revenue and operating profit trends and year-on-year comparisons are provided, but the 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.
- Map optimization + real estate DX SaaS¥339 million
- Affiliate business recovery¥9 million
- GMOデザインワン consolidation¥30 million
- Administrative expenses¥-195 million
- Consolidation adjustments and other factors¥6 million
New initiatives
- Merger and business integration with GMOデザインワン and GMOトライハッチ
- Launch of the beta version of the GMO店舗AIエージェント
- Launch of the エキテン reservation MCP server
- Listing of the GMO賃貸DX MCP server in the Claude connector directory
- Business partnership between GMO ReTech and ヴァンガードスミス
- Introduction of a new DOE threshold of at least 3% in the dividend policy
- AI-powered security checks and a comprehensive security review
Key KPIsA metric the company considers important as a management benchmark.
- AI SaaS business revenue ratio67 %
- MEO SaaS service churn rate0.35 %
- Real estate DX SaaS churn rate0.34 %
- Number of owners39 10,000 people
- Real estate app services market share10 %
- Number of employees476 people
Segment results
Quarterly revenue and operating profit trends are provided for the AI SaaS business, marketing SaaS, real estate DX SaaS, and other businesses. Specific figures are Not disclosedMarket Size / Share
- Store marketing TAM¥6.8 trillion
- Store marketing SAM2,300 yen
- Real estate technology market size (FY2030 forecast)23,780 yen
- Real estate app services market share (2026)10 %
- Real estate app services market share (2028)14 %
Number of employees
Number of Employees476 people
Reference dateAs of February 2026
Annual Dividend
Forecast for the fiscal year ending December 2026¥436 million
Payout ratio
98.5 %
BreakdownA 65% payout ratio plus equal annual dividends of negative goodwill over 5 years. The higher of a payout ratio of at least 65% and DOE of at least 3% is used as the standard
| Item | Details |
|---|---|
| Document type | Results presentation |
| Fiscal Period Covered | Third quarter of the fiscal year ending December 2026 |
| Net Sales | ¥6,398 million |
| Operating profit | ¥574 million |
| Ordinary income | ¥598 million |
| Net income | ¥374 million |
| Operating profit margin | 9 % |
| Selling, general and administrative expenses | ¥2,884 million |
| Results for the three months of the current quarter | Graphs showing quarterly revenue and operating profit trends and year-on-year comparisons are provided, but the specific figures for the three months of the quarter are Not disclosed |
| Segment results | Quarterly revenue and operating profit trends are provided for the AI SaaS business, marketing SaaS, real estate DX SaaS, and other businesses. Specific figures are Not disclosed |
| Breakdown of Factors Affecting the Change | Factors Map optimization + real estate DX SaaS / Amount ¥339 million, Factors Affiliate business recovery / Amount ¥9 million, Factors GMOデザインワン consolidation / Amount ¥30 million, Factors Administrative expenses / Amount ¥-195 million, Factors Consolidation adjustments and other factors / Amount ¥6 million |
| Key KPIs | Indicator name AI SaaS business revenue ratio / Value 67 % / Year on year against the same period last year Not disclosed, Indicator name MEO SaaS service churn rate / Value 0.35 % / Year on year against the same period last year Not disclosed, Indicator name Real estate DX SaaS churn rate / Value 0.34 % / Year on year against the same period last year Not disclosed, Indicator name Number of owners / Value 39 10,000 people / Year on year against the same period last year Not disclosed, Indicator name Real estate app services market share / Value 10 % / Year on year against the same period last year Not disclosed, Indicator name Number of employees / Value 476 people / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees 476 people / Reference date As of February 2026 / Changes and hiring plans during the period Not disclosed |
| Annual Dividend | Forecast for the fiscal year ending December 2026 ¥436 million / Dividend per share Not disclosed / Interim and Year-End Breakdown Not disclosed |
| Payout ratio | Value 98.5 % / Breakdown A 65% payout ratio plus equal annual dividends of negative goodwill over 5 years. The higher of a payout ratio of at least 65% and DOE of at least 3% is used as the standard |
| Market Size / Share | Market Store marketing TAM / Value ¥6.8 trillion, Market Store marketing SAM / Value 2,300 yen, Market Real estate technology market size (FY2030 forecast) / Value 23,780 yen, Market Real estate app services market share (2026) / Value 10 %, Market Real estate app services market share (2028) / Value 14 % |
| New initiatives | Merger and business integration with GMOデザインワン and GMOトライハッチ, Launch of the beta version of the GMO店舗AIエージェント, Launch of the エキテン reservation MCP server, Listing of the GMO賃貸DX MCP server in the Claude connector directory, Business partnership between GMO ReTech and ヴァンガードスミス, Introduction of a new DOE threshold of at least 3% in the dividend policy, AI-powered security checks and a comprehensive security review |
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.The increase in revenue was attributed to the business integration with GMOデザインワン and GMOトライハッチ, while the increase in operating profit was attributed to steady growth in the AI SaaS business, particularly the growth of map optimization and real estate DX SaaS. Regarding the unauthorized access incidents, the company stated that cancellations by existing customers increased and the number of new customers acquired declined.
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.