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Results4169ENECHANGE Ltd.Information and Communications, Services and Others

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, revenue fell 11.7% year on year and operating profit declined 24.9%, while the company returned to profitability from an ordinary loss and net loss in the previous year. The full-year forecast was left unchanged, and the company also indicated a policy of making 株式会社ダーウィン a subsidiary and transferring its loss-making offline business.

Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-24.9
% (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales2,631¥ millionYear on year -11.7%Progress 38.7%
Operating profit242¥ millionYear on year -24.9%Progress 40.3%
Ordinary income190¥ millionProgress 34.5%
Net income attributable to owners of the parent190¥ millionProgress 34.5%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥4.52
Financial position at period-end
Total assets6,441¥ million
of which net assets 4,043 ¥ millionEquity ratio 61.9%vs. prior year-end 0.0pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating-593,867
Investment-576,415
Financials-541,661
Net change-1,711,943

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥2,780,832 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥6,800 million (YoY +1.5%)
Operating profit¥600 million (YoY +1.2%)
Ordinary income¥550 million
Net income¥550 million (YoY +320.1%)
Annual Dividend Forecast0 Yen → Undetermined
Factors Behind Changes in Business Performance

In household electricity switching, demand for switching eased due to the government’s electricity and gas bill support measures. In SaaS and systems development, revenue fell below the same period of the previous year as a reaction to the concentration of revenue recognition in that period following the completion of orders from prior fiscal years.

Disclosure regarding the going concern assumption

No applicable matters.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 1 / Excluded 0 / Company name New: 株式会社ダーウィン
Material subsequent eventsThe company entered into an agreement to transfer all shares of ENECHANGEカスタマーサービス株式会社 to PORT INC. and plans to exclude the company from the scope of consolidation on 1 December 2026. It expects to record approximately ¥200 million in extraordinary income in the fiscal year ending March 2027. It also plans to record special retirement payments and other costs associated with the Next Career Support Program as extraordinary losses, although the amount has not yet been determined.
Breakdown of extraordinary income (loss)Extraordinary income Reversal of provision for expenses related to the correction of financial results ¥1,500 thousand, Other ¥1,433 thousand / Extraordinary loss Not disclosed
Depreciation and amortization¥7,770 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (participants not specified)
Issued Shares at Period-End42,935,208
Treasury Shares at Period-End3,246,902
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥2,631 million (YoY -11.7%)
Operating profit¥242 million (YoY -24.9%)
Ordinary income¥190 million
Profit attributable to owners of the parent¥190 million
Net income per share¥4.52
Equity ratioEnd of the current fiscal period 61.9 / End of previous period 61.9
Total assets¥6,441 million
Net assets¥4,043 million
Cash flows from operating activities¥-593,867 thousand
Cash flows from investing activities¥-576,415 thousand
Cash flows from financing activities¥-541,661 thousand
Cash and cash equivalents at end of period¥2,780,832 thousand
Full-year earnings forecastNet Sales ¥6,800 million (YoY +1.5%) / Operating profit ¥600 million (YoY +1.2%) / Ordinary income ¥550 million / Net income ¥550 million (YoY +320.1%)
Annual Dividend Forecast0 Yen → Undetermined
Depreciation and amortization¥7,770 thousand
Breakdown of extraordinary income (loss)Extraordinary income Reversal of provision for expenses related to the correction of financial results ¥1,500 thousand, Other ¥1,433 thousand / Extraordinary loss Not disclosed
Disclosure regarding the going concern assumptionNo applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 1 / Excluded 0 / Company name New: 株式会社ダーウィン
Material subsequent eventsThe company entered into an agreement to transfer all shares of ENECHANGEカスタマーサービス株式会社 to PORT INC. and plans to exclude the company from the scope of consolidation on 1 December 2026. It expects to record approximately ¥200 million in extraordinary income in the fiscal year ending March 2027. It also plans to record special retirement payments and other costs associated with the Next Career Support Program as extraordinary losses, although the amount has not yet been determined.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (participants not specified)
Issued Shares at Period-End42,935,208
Treasury Shares at Period-End3,246,902
Factors Behind Changes in Business PerformanceIn household electricity switching, demand for switching eased due to the government’s electricity and gas bill support measures. In SaaS and systems development, revenue fell below the same period of the previous year as a reaction to the concentration of revenue recognition in that period following the completion of orders from prior fiscal years.
Items this document does not state (9)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment loss

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 cited the easing of household electricity-switching demand due to the government’s electricity and gas bill support measures, as well as a reaction to the concentration of revenue recognition in the same period of the previous year following the completion of orders from prior fiscal years in the SaaS and systems development businesses.

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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | ENECHANGE Ltd. (4169) timely disclosure | Komori