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Financial results presentation4192SpiderPlus & Co.Information and Communications, Services and Others

Script for the Second-Quarter Financial Results Briefing for the Fiscal Year Ending December 2026

In the second quarter of the fiscal year ending December 2026, quarterly revenue was ¥1,374 million and operating profit was ¥84 million. Operating profit for the first half exceeded the full-year forecast of ¥50 million. The company left its full-year earnings forecast unchanged while assessing its product platform investment plans and order intake for the second half.

Worth reading
69In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
1374
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Financial results presentationSecond 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¥1,374 million+15.0%
Operating profit¥84 million
Selling, general and administrative expenses¥910 million
Gross Profit Margin
Rate72.4%
Quarter-on-quarter change-1.7 percentage points
Results for the three months of the current quarter
Net Sales
¥1,374 million
Operating profit
¥84 million
Gross Profit Margin72.4%
Selling, general and administrative expenses
¥910 million
Full-year earnings forecast
Operating profit
¥50 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Operating profit exceeded the full-year earnings forecast of ¥50 million
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • ARR growth from existing customers¥165 million
  • ARR growth from new customer acquisitions¥62 million
  • ARR decline due to cancellations¥-56 million
New initiatives
  • Focused investment in new features, the product platform and new applications under the SPIDER+Workspace initiative
  • Development of workflow functionality for S+Collabo
  • Joint development with 鴻池組 of a voice-input AI function for finishing inspections
  • Capital and business alliance with インフォマート and launch of services in the order management area
  • Revision of server pricing
  • Suspension of operations at the Vietnamese subsidiary
Key KPIsA metric the company considers important as a management benchmark.
  • SaaS ARR¥5,205 million
    Year on year against the same period last year+8%
  • Number of contracted companies2,297 companies
    Year on year against the same period last year+6%
  • New contracts119 companies
    Year on year against the same period last yearIn line with the prior-year period
  • Monthly churn rate (average for the most recent 12 months)1.1 %
    Year on year against the same period last yearIn line with the prior-year period
  • ARR per employee¥19.9 million
  • EBITDA margin7.1 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • ARPA¥188 thousand
    Year on year against the same period last year+2%
  • ARPA for large enterprises¥744 thousand
  • ARPA for small and medium-sized enterprises¥82 thousand
  • Number of contracted companies2,297 companies
    Year on year against the same period last year+6%
Medium-term management plan targets
  • TargetA growth trajectory of at least 20% CAGR
    Target fiscal yearFY2028
  • Target¥2 billion in revenue from the solutions business
    Target fiscal yearFY2028
  • TargetConsolidated operating margin of at least 10%
    Target fiscal yearFY2028
Market Size / Share
  • Construction investment¥68 trillion FY2025
  • Projected construction investment¥84 trillion FY2035
  • Required skilled workers in 2035393 10,000 people
  • Projected workforce in 2035264 10,000 people
  • Projected shortage of skilled workers129 10,000 people
Capital expenditures
¥246 million investing cash flow, mainly investment in product platform development
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending December 2026
Net Sales¥1,374 million (YoY +15.0%)
Operating profit¥84 million
Gross Profit MarginRate 72.4% / Year on year against the same period last year Not disclosed / Quarter-on-quarter change -1.7 percentage points
Selling, general and administrative expenses¥910 million
Results for the three months of the current quarterNet Sales ¥1,374 million / Operating profit ¥84 million / Gross Profit Margin 72.4% / Selling, general and administrative expenses ¥910 million
Full-year earnings forecastOperating profit ¥50 million / Net Sales Not disclosed / Ordinary income Not disclosed / Net income Not disclosed
Self-assessment against the planOperating profit exceeded the full-year earnings forecast of ¥50 million
Breakdown of Factors Affecting the ChangeFactors ARR growth from existing customers / Amount ¥165 million, Factors ARR growth from new customer acquisitions / Amount ¥62 million, Factors ARR decline due to cancellations / Amount ¥-56 million
Key KPIsIndicator name SaaS ARR / Value ¥5,205 million / Year on year against the same period last year +8%, Indicator name Number of contracted companies / Value 2,297 companies / Year on year against the same period last year +6%, Indicator name New contracts / Value 119 companies / Year on year against the same period last year In line with the prior-year period, Indicator name Monthly churn rate (average for the most recent 12 months) / Value 1.1 % / Year on year against the same period last year In line with the prior-year period, Indicator name ARR per employee / Value ¥19.9 million / Year on year against the same period last year Not disclosed, Indicator name EBITDA margin / Value 7.1 % / Year on year against the same period last year Not disclosed
Unit price and quantity metricsIndicator name ARPA / Value ¥188 thousand / Year on year against the same period last year +2%, Indicator name ARPA for large enterprises / Value ¥744 thousand / Year on year against the same period last year Not disclosed, Indicator name ARPA for small and medium-sized enterprises / Value ¥82 thousand / Year on year against the same period last year Not disclosed, Indicator name Number of contracted companies / Value 2,297 companies / Year on year against the same period last year +6%
Medium-term management plan targetsTarget A growth trajectory of at least 20% CAGR / Target fiscal year FY2028, Target ¥2 billion in revenue from the solutions business / Target fiscal year FY2028, Target Consolidated operating margin of at least 10% / Target fiscal year FY2028
Capital expenditures¥246 million (investing cash flow, mainly investment in product platform development)
Market Size / ShareIndicator Construction investment / Value ¥68 trillion (FY2025), Indicator Projected construction investment / Value ¥84 trillion (FY2035), Indicator Required skilled workers in 2035 / Value 393 10,000 people, Indicator Projected workforce in 2035 / Value 264 10,000 people, Indicator Projected shortage of skilled workers / Value 129 10,000 people
New initiativesFocused investment in new features, the product platform and new applications under the SPIDER+Workspace initiative, Development of workflow functionality for S+Collabo, Joint development with 鴻池組 of a voice-input AI function for finishing inspections, Capital and business alliance with インフォマート and launch of services in the order management area, Revision of server pricing, Suspension of operations at the Vietnamese subsidiary
Items this document does not state (15)
Ordinary incomeNet incomeOperating profit marginProgress against full-year forecastSegment resultsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders 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 benefited from ARR growth and commissioned development projects in professional services. Operating profit improved as profitability rose through investment controls and the use of AI. The company cited the expenses associated with product platform investment in the second half and the need to assess order intake in light of development progress as reasons for leaving its full-year forecast unchanged.

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.
Script for the Second-Quarter Financial Results Briefing for the Fiscal Year Ending December 2026 | SpiderPlus & Co. (4192) timely disclosure | Komori