Worth reading
60In 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
29.4
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFirst 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 Sales121 Hundreds of millions of yen+29.4%
Operating profit1.85 Hundreds of millions of yen+153.0%
Gross Profit Margin53.9 %
Operating profit margin1.5 %
Results for the three months of the current quarter
Revenue¥12.1 billion
Gross profit¥6.5 billion
Operating profit¥185 million
EBITDA¥1.33 billion
ARR¥49.2 billion
Full-year earnings forecast
Revenue¥54 billion
Gross profit¥29.4 billion
Operating profit¥4.3 billion
EBITDA¥9.4 billion
Operating profit margin8.0%
EBITDA margin17.4%
Annual Dividend¥2.30 per share (year-end dividend forecast)
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Ahead of planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Increase in gross profit+¥1,722 million
Increase in sales and marketing expenses-¥1,207 million
Increase in R&D expenses-¥452 million
Decrease in general and administrative expenses+¥2 million
Increase in other income and expenses+¥47 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
US dollarsUS$1 = ¥149.04
South Korean wonKRW1 = ¥0.1052
Taiwan dollarsNT$1 = ¥4.7837
New initiatives
- Expand existing businesses through the use of autonomous AI
- Develop and establish stable operations for new industry-specific AI models
- Hire sales personnel
- Automate internal workflows using autonomous AI
- Realise integration synergies with AdCreative.ai
Key KPIsA metric the company considers important as a management benchmark.
- ARR492 Hundreds of millions of yenYear on year against the same period last year+34.0%
- LTM NRR120.6 %
- Number of customer companies2,169 companiesYear on year against the same period last year+12.0%
- Gross profit per employee¥841 10,000Year on year against the same period last year+27.0%
- Number of employees775 peopleYear on year against the same period last year-2.0%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Number of customer companies2,169 companies, up 12% year on year
Average revenue per customer (ARPC)¥5.27 million on a foreign-exchange-neutral basis, up 15% year on year
Segment results
Regional breakdown
Northeast Asia70% of revenue, up 28% year on year
United States and EMEA20% of revenue, up 49% year on year
Greater China8% of revenue, progressing steadily
Southeast Asia2% of revenue, up 307% year on year
By industry
E-commerceGrowth of more than 35% year on year
Other internet servicesGrowth of more than 40% year on year
Consumer goods brands and financial servicesGrowth of more than 50% year on year
Medium-term management plan targets
Target fiscal yearFY27
Revenue¥70 billion or more
Operating profit¥9–11 billion or more
Net income¥7–9 billion or more
Number of employees
Number of Employees775
Hiring planPlans to hire sales personnel
Annual Dividend
Annual¥2.30 per share
End of period¥2.30 per share (forecast)
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | 121 Hundreds of millions of yen (YoY +29.4%) |
| Operating profit | 1.85 Hundreds of millions of yen (YoY +153.0%) |
| Gross Profit Margin | 53.9 % |
| Operating profit margin | 1.5 % |
| Results for the three months of the current quarter | Revenue ¥12.1 billion / Gross profit ¥6.5 billion / Operating profit ¥185 million / EBITDA ¥1.33 billion / ARR ¥49.2 billion |
| Full-year earnings forecast | Revenue ¥54 billion / Gross profit ¥29.4 billion / Operating profit ¥4.3 billion / EBITDA ¥9.4 billion / Operating profit margin 8.0% / EBITDA margin 17.4% / Annual Dividend ¥2.30 per share (year-end dividend forecast) |
| Self-assessment against the plan | Ahead of plan |
| Segment results | Regional breakdown Northeast Asia 70% of revenue, up 28% year on year / United States and EMEA 20% of revenue, up 49% year on year / Greater China 8% of revenue, progressing steadily / Southeast Asia 2% of revenue, up 307% year on year / By industry E-commerce Growth of more than 35% year on year / Other internet services Growth of more than 40% year on year / Consumer goods brands and financial services Growth of more than 50% year on year |
| Breakdown of Factors Affecting the Change | Increase in gross profit +¥1,722 million / Increase in sales and marketing expenses -¥1,207 million / Increase in R&D expenses -¥452 million / Decrease in general and administrative expenses +¥2 million / Increase in other income and expenses +¥47 million |
| Key KPIs | Indicator name ARR / Value 492 Hundreds of millions of yen / Year on year against the same period last year 34 Hundreds of millions of yen, Indicator name LTM NRR / Value 120.6 % / Year on year against the same period last year Not disclosed, Indicator name Number of customer companies / Value 2,169 companies / Year on year against the same period last year 12 companies, Indicator name Gross profit per employee / Value ¥841 10,000 / Year on year against the same period last year ¥27 10,000, Indicator name Number of employees / Value 775 people / Year on year against the same period last year -2 people |
| Unit price and quantity metrics | Number of customer companies 2,169 companies, up 12% year on year / Average revenue per customer (ARPC) ¥5.27 million on a foreign-exchange-neutral basis, up 15% year on year |
| Number of employees | Number of Employees 775 / Change during the period Not disclosed / Hiring plan Plans to hire sales personnel |
| Assumptions Underlying the Business Outlook | US dollars US$1 = ¥149.04 / South Korean won KRW1 = ¥0.1052 / Taiwan dollars NT$1 = ¥4.7837 |
| Medium-term management plan targets | Target fiscal year FY27 / Revenue ¥70 billion or more / Operating profit ¥9–11 billion or more / Net income ¥7–9 billion or more |
| Annual Dividend | Annual ¥2.30 per share / Interim Not disclosed / End of period ¥2.30 per share (forecast) |
| New initiatives | Expand existing businesses through the use of autonomous AI, Develop and establish stable operations for new industry-specific AI models, Hire sales personnel, Automate internal workflows using autonomous AI, Realise integration synergies with AdCreative.ai |
Items this document does not state (13)
Ordinary incomeNet incomeSelling, general and administrative expensesProgress against full-year forecastNumber of stores and locationsRisk amount incorporated into the outlookFinancial targetsPayout 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.The company attributed the expansion in performance to sales results from existing businesses in key regions, new customer acquisition, improved gross margin, AI-driven operational efficiency and disciplined cost management.
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.