Worth reading
74In 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
31.3
Year-on-year change in operating income (%)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsSecond 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¥3,397 million+23.7%
Operating profit¥638 million+31.3%
Net income¥435 million+33.8%
Operating profit margin18.8 %
Selling, general and administrative expenses¥1,790 million
Full-year earnings forecast
Net Sales
¥7,002 million
Operating profit
¥1,200 million
Profit attributable to owners of the parent
¥850 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales48.5%
Operating profit53.2%
Profit attributable to owners of the parent51.2%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Increase in promotional and other costsSlightly more than ¥50 million
Profit growth from higher salesAmount not disclosed
New initiatives
- Introduction of a progressive dividend policy to maintain or increase the annual dividend
- Launch of joint sales with Canon Marketing Japan and NTT DOCOMO BUSINESS, among others
- 開始 of consolidation of 株式会社アンペール from Q4 of the current fiscal year
- Launch of sales of a new AI-powered ALog in July 2026
- Expansion of SASE functions and development of domestic manufacturing facilities
Key KPIsA metric the company considers important as a management benchmark.
- Company-wide ARR¥4,461 millionYear on year against the same period last year+34.0%
- Contract liabilities¥2,988 millionYear on year against the same period last year+68.5%
- Cumulative subscription orders in the Data Security Business575 EngagementsYear on year against the same period last year+56.7%
- Licenses in the Network Security Business117,206 LicensingYear on year against the same period last year+39.9%
- Devices sold in the Network Security Business36,049 UnitsYear on year against the same period last year+37.3%
- Annual ALog churn rate0.7 %
- Annual NAC churn rate1.1 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Data Security business
Annual orders received250
Average price¥2.4 million (annual)
Network Security business
Annual orders received300
Average price¥4.2 million (annual)
Segment results
Data Security business
Net Sales
¥1,915 million+27.7%
Gross profit
¥1,119 million+36.1%
Segment profit
¥866 million+51.5%
Network Security business
Net Sales
¥2,851 million+20.9%
Gross profit
¥1,626 million+18.7%
Segment profit
¥761 million+7.7%
Medium-term management plan targets
FY2028
Net Sales¥10,500 million
ARR¥7,200 million
ARR unit¥ million
Recurring revenue ratio61%
Market Size / Share
Domestic cybersecurity market¥2.2 trillion (2030)
Domestic SIEM market share1st place
Global SIEM market¥1.7 trillion (2030)
Global SASE market¥6.7 trillion (2030)
Annual Dividend
Previous-period results¥15.73 per share
Current fiscal year forecast¥20 per share
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Second quarter of the fiscal year ending December 2026 |
| Net Sales | ¥3,397 million (YoY +23.7%) |
| Operating profit | ¥638 million (YoY +31.3%) |
| Net income | ¥435 million (YoY +33.8%) |
| Operating profit margin | 18.8 % |
| Selling, general and administrative expenses | ¥1,790 million |
| Full-year earnings forecast | Net Sales ¥7,002 million / Operating profit ¥1,200 million / Profit attributable to owners of the parent ¥850 million |
| Progress against full-year forecast | Net Sales 48.5% / Operating profit 53.2% / Profit attributable to owners of the parent 51.2% |
| Segment results | Data Security business Net Sales ¥1,915 million (YoY +27.7%) / Gross profit ¥1,119 million (YoY +36.1%) / Segment profit ¥866 million (YoY +51.5%) / Network Security business Net Sales ¥2,851 million (YoY +20.9%) / Gross profit ¥1,626 million (YoY +18.7%) / Segment profit ¥761 million (YoY +7.7%) |
| Breakdown of Factors Affecting the Change | Increase in promotional and other costs Slightly more than ¥50 million / Profit growth from higher sales Amount not disclosed |
| Key KPIs | Indicator name Company-wide ARR / Value ¥4,461 million / Year on year against the same period last year ¥34 million, Indicator name Contract liabilities / Value ¥2,988 million / Year on year against the same period last year ¥68.5 million, Indicator name Cumulative subscription orders in the Data Security Business / Value 575 Engagements / Year on year against the same period last year 56.7 Engagements, Indicator name Licenses in the Network Security Business / Value 117,206 Licensing / Year on year against the same period last year 39.9 Licensing, Indicator name Devices sold in the Network Security Business / Value 36,049 Units / Year on year against the same period last year 37.3 Units, Indicator name Annual ALog churn rate / Value 0.7 % / Year on year against the same period last year Not disclosed, Indicator name Annual NAC churn rate / Value 1.1 % / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Data Security business Annual orders received 250 / Average price ¥2.4 million (annual) / Network Security business Annual orders received 300 / Average price ¥4.2 million (annual) |
| Medium-term management plan targets | FY2028 Net Sales ¥10,500 million / ARR ¥7,200 million / ARR unit ¥ million / Recurring revenue ratio 61% |
| Annual Dividend | Previous-period results ¥15.73 per share / Current fiscal year forecast ¥20 per share / Interim and Year-End Breakdown Not disclosed |
| Market Size / Share | Domestic cybersecurity market ¥2.2 trillion (2030) / Domestic SIEM market share 1st place / Global SIEM market ¥1.7 trillion (2030) / Global SASE market ¥6.7 trillion (2030) |
| New initiatives | Introduction of a progressive dividend policy to maintain or increase the annual dividend, Launch of joint sales with Canon Marketing Japan and NTT DOCOMO BUSINESS, among others, 開始 of consolidation of 株式会社アンペール from Q4 of the current fiscal year, Launch of sales of a new AI-powered ALog in July 2026, Expansion of SASE functions and development of domestic manufacturing facilities |
Items this document does not state (14)
Ordinary incomeGross Profit MarginResults for the three months of the current quarterSelf-assessment against the planNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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.Although promotional expenses increased by slightly more than ¥50 million due to participation in EXPO and Interop, among other events, profit growth from higher sales absorbed the increase in costs. Joint sales with major capital-alliance partners also began this fiscal year, and the sales structure will be expanded from the second half onward.
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.