Supplementary Materials for the Financial Results Briefing for the First Half of the Fiscal Year Ending May 2025 | TENDA Co.,LTD. (4198) timely disclosure

Worth reading

78Important

Scored from 5 of 6 sections

Direction

Mixed performance

Direction inferred from the company’s description.

Scale

677

¥ million (year-on-year increase in revenue)

Wording

Conditional

How definitive the wording is.

Contents of this document

Financial results presentation2025年5月期第2四半期（中間期）10 items taken from the company’s own explanation

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

Net Sales¥2,871 million+30.8%

Operating profit¥306 million+26.3%

Ordinary income¥317 million+30.5%

Net income¥223 million+31.0%

Selling, general and administrative expenses¥789 million

Gross Profit Margin

Rate38.1

Year-on-year change (points)-1.6

Operating profit margin

Rate10.7

Year-on-year change (points)-0.3

Results for the three months of the current quarter売上高、営業利益、セグメント別売上高・セグメント利益について第2四半期単独の数値をグラフで表示。連結全体の第2四半期単独は、売上高2,871百万円・営業利益306百万円とは別に明示されていない。

Full-year earnings forecast

Net Sales

¥6,000 million

Operating profit

¥700 million

Ordinary income

¥700 million

Profit attributable to owners of the parent

¥400 million

What the company explained in this material

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

Net Sales

DX Solutions Business404

Techwise Consulting Business-4

Game Content Business276

Operating profit

償却前売上総利益234

Personnel Expenses-85

Goodwill amortization-52

Depreciation and amortization-8

Other-24

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.

ソフトウエア投資の拡大、IT人材の量・質の不足をビジネスチャンスとする旨は記載されているが、為替・原材料価格・数量・金利などの数値前提はNot disclosed。

New initiatives

インテリジェントシステムズ株式会社の子会社化
株式会社Almondoの子会社化
AlmondoのAI技術とDojoシリーズを組み合わせたナレッジ活用プラットフォームの社会実装の推進・検討
DXソリューション事業で生成AI関連技術の活用拡大とインフラ領域への対応強化の検討
『信長の野望･天道』IP許諾によるスマートフォン向けゲームアプリの開発

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

EBITDA¥410 million
Year on year against the same period last year+43.6%
Equity ratio70.5 %
Year-on-year change+4.7pt
Dojo累計提供実績3,000 companies or more
ROE14.7 %
DOE6.5 %

Segment results

DX Solutions Business

Net Sales

¥1,941 million+25.2%

Segment profit

¥513 million+41.2%

Operating margin26.4%

Techwise Consulting Business

Net Sales

¥422 million-1.1%

Segment profit

¥113 million-2.3%

Operating margin26.8%

Game Content Business

Net Sales

¥493 million+127.2%

Segment profit

¥27 million-25.6%

Operating margin5.5%

Medium-term management plan targets

Target fiscal yearFiscal year ending May 2026

Net Sales

¥8,000 million

Net income for the current fiscal year

¥700 million

Underlying operating cash flow

¥900 million

Comparison with actual results2023年5月期実績として売上高42.4億円、当期純利益2.7億円、基礎的営業CF3.7億円を記載

Financial targets

ROE

Fiscal year ended May 202312.2 %

Fiscal year ended May 202414 %

2025年5月期予想14.7 %

DOE

Fiscal year ended May 20234 %

Fiscal year ended May 20244.5 %

2025年5月期予想6.5 %

Number of employees

Number of Employees408 people

Record date2025年1月1日時点・グループ連結

Annual Dividend

2025年5月期予想

Annual¥27

Interim¥0

End of period¥27

Breakdown普通配当22円、記念配当5円

Fiscal year ended May 2024

Annual16.67 Yen on a post-stock-split basis

Interim0 Yen on a post-stock-split basis

End of period16.67 Yen on a post-stock-split basis

Payout ratio

2025年5月期予想44.5 %

Fiscal year ended May 202432 %

Contents of this document
Item	Details
Document type	Financial results presentation
Fiscal Period Covered	2025年5月期第2四半期（中間期）
Net Sales	¥2,871 million (YoY +30.8%)
Operating profit	¥306 million (YoY +26.3%)
Ordinary income	¥317 million (YoY +30.5%)
Net income	¥223 million (YoY +31.0%)
Gross Profit Margin	Rate 38.1 / Year-on-year change (points) -1.6
Operating profit margin	Rate 10.7 / Year-on-year change (points) -0.3
Selling, general and administrative expenses	¥789 million
Results for the three months of the current quarter	売上高、営業利益、セグメント別売上高・セグメント利益について第2四半期単独の数値をグラフで表示。連結全体の第2四半期単独は、売上高2,871百万円・営業利益306百万円とは別に明示されていない。
Full-year earnings forecast	Net Sales ¥6,000 million / Operating profit ¥700 million / Ordinary income ¥700 million / Profit attributable to owners of the parent ¥400 million
Segment results	DX Solutions Business Net Sales ¥1,941 million (YoY +25.2%) / Segment profit ¥513 million (YoY +41.2%) / Operating margin 26.4% / Techwise Consulting Business Net Sales ¥422 million (YoY -1.1%) / Segment profit ¥113 million (YoY -2.3%) / Operating margin 26.8% / Game Content Business Net Sales ¥493 million (YoY +127.2%) / Segment profit ¥27 million (YoY -25.6%) / Operating margin 5.5%
Breakdown of Factors Affecting the Change	Net Sales DX Solutions Business 404 / Techwise Consulting Business -4 / Game Content Business 276 / Operating profit 償却前売上総利益 234 / Personnel Expenses -85 / Goodwill amortization -52 / Depreciation and amortization -8 / Other -24
Key KPIs	Indicator name EBITDA / Value ¥410 million / Year on year against the same period last year ¥43.6 million, Indicator name Equity ratio / Value 70.5 % / Year-on-year change +4.7pt, Indicator name Dojo累計提供実績 / Value 3,000 companies or more / Year on year against the same period last year Not disclosed, Indicator name ROE / Value 14.7 % / Year on year against the same period last year Not disclosed, Indicator name DOE / Value 6.5 % / Year on year against the same period last year Not disclosed
Number of employees	Number of Employees 408 people / Record date 2025年1月1日時点・グループ連結 / Changes during the period and hiring plan Not disclosed
Assumptions Underlying the Business Outlook	ソフトウエア投資の拡大、IT人材の量・質の不足をビジネスチャンスとする旨は記載されているが、為替・原材料価格・数量・金利などの数値前提はNot disclosed。
Medium-term management plan targets	Target fiscal year Fiscal year ending May 2026 / Net Sales ¥8,000 million / Net income for the current fiscal year ¥700 million / Underlying operating cash flow ¥900 million / Comparison with actual results 2023年5月期実績として売上高42.4億円、当期純利益2.7億円、基礎的営業CF3.7億円を記載
Financial targets	ROE Fiscal year ended May 2023 12.2 % / Fiscal year ended May 2024 14 % / 2025年5月期予想 14.7 % / DOE Fiscal year ended May 2023 4 % / Fiscal year ended May 2024 4.5 % / 2025年5月期予想 6.5 %
Annual Dividend	2025年5月期予想 Annual ¥27 / Interim ¥0 / End of period ¥27 / Breakdown 普通配当22円、記念配当5円 / Fiscal year ended May 2024 Annual 16.67 Yen (on a post-stock-split basis) / Interim 0 Yen (on a post-stock-split basis) / End of period 16.67 Yen (on a post-stock-split basis)
Payout ratio	2025年5月期予想 44.5 % / Fiscal year ended May 2024 32 %
New initiatives	インテリジェントシステムズ株式会社の子会社化, 株式会社Almondoの子会社化, AlmondoのAI技術とDojoシリーズを組み合わせたナレッジ活用プラットフォームの社会実装の推進・検討, DXソリューション事業で生成AI関連技術の活用拡大とインフラ領域への対応強化の検討, 『信長の野望･天道』IP許諾によるスマートフォン向けゲームアプリの開発

Items this document does not state (10)

Progress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookAcquisition 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.

前期に実施したSkyarts、X-VERSE PLUS、リーサコンサルティングのM&A効果に加え、既存ビジネスが好調なマーケット需要を背景に伸長したため。営業利益については、DXソリューション事業の伸長が人件費やのれん償却費などの成長投資を吸収した。ゲームコンテンツ事業の利益は、Skyarts社の統合プロセスにかかる人件費が一時的に増加した影響で減少した。

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.