Financial Results Presentation for the First Quarter of the Fiscal Year Ending January 2027 | Appirits Inc. (4174) timely disclosure

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58In focus

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Direction

Improvement

Direction inferred from the company’s description.

Scale

Millions of yen (year-on-year increase in operating profit)

Wording

Conditional

How definitive the wording is.

Contents of this document

Earnings presentationFirst quarter of the fiscal year ending January 20278 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥2,498 million+100.9%

Operating profit¥40 million

Ordinary income¥38 million

Net income¥3 million

Gross Profit Margin20.6%

Operating profit margin1.6%

Selling, general and administrative expenses¥474 million

Results for the three months of the current quarterRevenue: ¥2,498 million; operating profit: ¥40 million; ordinary profit: ¥38 million; net profit: ¥3 million; EBITDA: ¥86 million

What the company explained in this material

Self-assessment against the planThe company's self-assessment against its own plan.

Profit is progressing substantially ahead of the first-half earnings forecast, while revenue is progressing as planned

Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.

Increase in operating profit from the resolution of unprofitable projects¥208 million (versus the first-half forecast)
Increase in ordinary profit from the resolution of unprofitable projects¥232 million (versus the first-half forecast)
Increase in net profit from the resolution of unprofitable projects¥130 million (versus the first-half forecast)

New initiatives

Expand WBC College into a study group that also includes external experts
Continue investing in startups and research and development
Capital and business alliance with H2L株式会社 and an investment of ¥20.8 million
Establish a dedicated service design department
Transfer Web development resources from Digital Talent Development and Staffing to Web Solutions

Key KPIsA metric the company considers important as a management benchmark.

EBITDA¥86 million
Year on year against the same period last year+213.2%
Number of unassigned employees50 Person-months
Year on year against the same period last year+90.2%
Consolidated number of employees881 people
Year on year against the same period last year+99.2%
Equity ratio30.2 %
Fan Culture & Games operating margin9.4 %

Segment results

Web Solutions
Net Sales940
Profit112
Profit unit¥ million
Year on year against the same period last yearRevenue: 96.8%; profit: 63.7%
Digital Talent Development and Staffing
Net Sales395
Year on year against the same period last yearRevenue: 94.0%
Fan Culture & Games
Net Sales1,182
Year on year against the same period last yearRevenue: 107.3%

Medium-term management plan targets

VISION2030 sets a revenue target of ¥20 billion for the fiscal year ending January 2030. The medium-term plan is under review.

Financial targets

The company states that it expects to improve its equity ratio, but the numerical target is Not disclosed

Number of employees

Number of Employees881 on a consolidated basis and 307 on a non-consolidated basis (as of end-April 2026)

Change during the periodEmployee numbers remained broadly unchanged

Hiring planRestrict hiring of young employees and suspend graduate recruitment

Contents of this document
Item	Details
Document type	Earnings presentation
Fiscal Period Covered	First quarter of the fiscal year ending January 2027
Net Sales	¥2,498 million (YoY +100.9%)
Operating profit	¥40 million
Ordinary income	¥38 million
Net income	¥3 million
Gross Profit Margin	20.6%
Operating profit margin	1.6%
Selling, general and administrative expenses	¥474 million
Results for the three months of the current quarter	Revenue: ¥2,498 million; operating profit: ¥40 million; ordinary profit: ¥38 million; net profit: ¥3 million; EBITDA: ¥86 million
Self-assessment against the plan	Profit is progressing substantially ahead of the first-half earnings forecast, while revenue is progressing as planned
Segment results	Segment Web Solutions / Net Sales ¥940 million / Profit ¥112 million / Profit unit ¥ million / Year on year against the same period last year Revenue: 96.8%; profit: 63.7%, Segment Digital Talent Development and Staffing / Net Sales ¥395 million / Profit Not disclosed / Year on year against the same period last year Revenue: 94.0%, Segment Fan Culture & Games / Net Sales ¥1,182 million / Profit Not disclosed / Year on year against the same period last year Revenue: 107.3%
Breakdown of Factors Affecting the Change	Factors Increase in operating profit from the resolution of unprofitable projects / Amount ¥208 million (versus the first-half forecast), Factors Increase in ordinary profit from the resolution of unprofitable projects / Amount ¥232 million (versus the first-half forecast), Factors Increase in net profit from the resolution of unprofitable projects / Amount ¥130 million (versus the first-half forecast)
Key KPIs	Indicator name EBITDA / Value ¥86 million / Year on year against the same period last year ¥213.2 million, Indicator name Number of unassigned employees / Value 50 Person-months / Year on year against the same period last year 90.2 Person-months, Indicator name Consolidated number of employees / Value 881 people / Year on year against the same period last year 99.2 people, Indicator name Equity ratio / Value 30.2 % / Year on year against the same period last year Not disclosed, Indicator name Fan Culture & Games operating margin / Value 9.4 % / Year on year against the same period last year Not disclosed
Number of employees	Number of Employees 881 on a consolidated basis and 307 on a non-consolidated basis (as of end-April 2026) / Change during the period Employee numbers remained broadly unchanged / Hiring plan Restrict hiring of young employees and suspend graduate recruitment
Medium-term management plan targets	VISION2030 sets a revenue target of ¥20 billion for the fiscal year ending January 2030. The medium-term plan is under review.
Financial targets	The company states that it expects to improve its equity ratio, but the numerical target is Not disclosed
New initiatives	Expand WBC College into a study group that also includes external experts, Continue investing in startups and research and development, Capital and business alliance with H2L株式会社 and an investment of ¥20.8 million, Establish a dedicated service design department, Transfer Web development resources from Digital Talent Development and Staffing to Web Solutions

Items this document does not state (13)

Full-year earnings forecastProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey 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.

Unprofitable projects were brought to a close at the end of March, outsourcing costs were reduced in Web Solutions, the number of unassigned employees was reduced in Digital Talent Development and Staffing, and cost controls continued in Fan Culture & Games.

How to read this page

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