Financial Results Presentation for the First Quarter of the Fiscal Year Ending December 2026 | SECURE,INC. (4264) timely disclosure

Worth reading

71In focus

Scored from 5 of 6 sections

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

Presentation materials for financial resultsFirst 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 Sales¥2,371 million+31.0%

Operating profit¥234 million+54.0%

Ordinary income¥227 million+56.4%

Net income¥150 million+57.0%

Selling, general and administrative expenses¥725 million

Gross Profit Margin

Rate40.5%

Operating profit margin

Rate9.9%

Year-on-year change (points)+1.5pt

Results for the three months of the current quarter

Net Sales

¥2,371 million

Operating profit

¥234 million

Ordinary income

¥227 million

Net income

¥150 million

Full-year earnings forecast

Net Sales

¥8,206 million

Operating profit

¥620 million

Ordinary income

¥600 million

Profit before income taxes for the period

¥600 million

Net income for the current fiscal year

¥410 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 Sales28.9%

Operating profit37.9%

Ordinary income38.0%

Net income for the current fiscal year36.8%

What the company explained in this material

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

Progressing as planned

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

FY2025 Q1 operating profit¥152 million

Impact of higher revenue+¥227 million

Personnel Expenses-¥72 million

Strategic expenses-¥26 million

Other SG&A expenses-¥45 million

FY2026 Q1 operating profit¥234 million

Goodwill amortization+¥8 million

Adjusted consolidated operating profit¥243 million

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

SeasonalityThe second quarter is weak, with a possibility of a loss. The profit plan is weighted toward the second half

Middle East situationThe impact remains uncertain

New initiatives

Making TOUCH TO GO a consolidated subsidiary by acquiring a 56.2% stake
Expanding unmanned and labor-saving solutions through collaboration between AI Store and TOUCH TO GO
Capital and business alliance with Ricoh Japan and joint service development
Joint procurement and securing supply through a capital and business alliance with Buffalo

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

SECURE AC installations389 Engagements
SECURE VS installations1,208 Engagements
Year on year against the same period last yearDecreased
Number of customer companies14,000 companies or more
Cumulative facial recognition-related units sold12,000 Cases or more
Domestic facial recognition market share (volume basis)50 %
Number of sales partner companies200 companies or more

Unit price and quantity metricsThese figures show sales broken down by price and volume.

SECURE AC

Number of installations389 Engagements

Project PricingHigher

SECURE VS

Number of installations1,208 Engagements

Segment results

SECURE AC (access control system)

Net Sales

¥701 million+71.3%

SECURE VS (video surveillance system)

Net Sales

¥1,331 million+16.1%

SECURE Analytics (image analysis services and other)

Net Sales

¥63 million-9.1%

SECURE ES (engineering services)

Net Sales

¥274 million+49.5%

Market Size / Share

Domestic video surveillance system market

2029 forecast1,772 Hundreds of millions of yen

Domestic access control market

2029 forecast1,593 Hundreds of millions of yen

Domestic facial recognition market share (for access control applications, volume basis)50.0%

Number of stores and locations

Number at period-end10 domestic locations and 1 overseas subsidiary

Number of employees

Number of Employees234 People consolidated, as of the end of March 2026

Change during the periodSales and marketing personnel increased by a net 5 people from the end of the previous fiscal year

Hiring planContinue hiring 15–25 people and aim to build a sales and marketing organization of 100 people

Contents of this document
Item	Details
Document type	Presentation materials for financial results
Fiscal Period Covered	First quarter of the fiscal year ending December 2026
Net Sales	¥2,371 million (YoY +31.0%)
Operating profit	¥234 million (YoY +54.0%)
Ordinary income	¥227 million (YoY +56.4%)
Net income	¥150 million (YoY +57.0%)
Gross Profit Margin	Rate 40.5% / Year-on-year change (points) Not disclosed
Operating profit margin	Rate 9.9% / Year-on-year change (points) +1.5pt
Selling, general and administrative expenses	¥725 million
Results for the three months of the current quarter	Net Sales ¥2,371 million / Operating profit ¥234 million / Ordinary income ¥227 million / Net income ¥150 million
Full-year earnings forecast	Net Sales ¥8,206 million / Operating profit ¥620 million / Ordinary income ¥600 million / Profit before income taxes for the period ¥600 million / Net income for the current fiscal year ¥410 million
Progress against full-year forecast	Net Sales 28.9% / Operating profit 37.9% / Ordinary income 38.0% / Net income for the current fiscal year 36.8%
Self-assessment against the plan	Progressing as planned
Segment results	SECURE AC (access control system) Net Sales ¥701 million (YoY +71.3%) / SECURE VS (video surveillance system) Net Sales ¥1,331 million (YoY +16.1%) / SECURE Analytics (image analysis services and other) Net Sales ¥63 million (YoY -9.1%) / SECURE ES (engineering services) Net Sales ¥274 million (YoY +49.5%)
Breakdown of Factors Affecting the Change	FY2025 Q1 operating profit ¥152 million / Impact of higher revenue +¥227 million / Personnel Expenses -¥72 million / Strategic expenses -¥26 million / Other SG&A expenses -¥45 million / FY2026 Q1 operating profit ¥234 million / Goodwill amortization +¥8 million / Adjusted consolidated operating profit ¥243 million
Key KPIs	Indicator name SECURE AC installations / Value 389 Engagements / Year on year against the same period last year Not disclosed, Indicator name SECURE VS installations / Value 1,208 Engagements / Year on year against the same period last year Decreased, Indicator name Number of customer companies / Value 14,000 companies or more / Year on year against the same period last year Not disclosed, Indicator name Cumulative facial recognition-related units sold / Value 12,000 Cases or more / Year on year against the same period last year Not disclosed, Indicator name Domestic facial recognition market share (volume basis) / Value 50 % / Year on year against the same period last year Not disclosed, Indicator name Number of sales partner companies / Value 200 companies or more / Year on year against the same period last year Not disclosed
Unit price and quantity metrics	SECURE AC Number of installations 389 Engagements / Project Pricing Higher / SECURE VS Number of installations 1,208 Engagements
Number of stores and locations	Number at period-end 10 domestic locations and 1 overseas subsidiary / Number of store openings and closures during the period Not disclosed
Number of employees	Number of Employees 234 People (consolidated, as of the end of March 2026) / Change during the period Sales and marketing personnel increased by a net 5 people from the end of the previous fiscal year / Hiring plan Continue hiring 15–25 people and aim to build a sales and marketing organization of 100 people
Assumptions Underlying the Business Outlook	Seasonality The second quarter is weak, with a possibility of a loss. The profit plan is weighted toward the second half / Middle East situation The impact remains uncertain
Market Size / Share	Domestic video surveillance system market 2029 forecast 1,772 Hundreds of millions of yen / Domestic access control market 2029 forecast 1,593 Hundreds of millions of yen / Domestic facial recognition market share (for access control applications, volume basis) 50.0%
New initiatives	Making TOUCH TO GO a consolidated subsidiary by acquiring a 56.2% stake, Expanding unmanned and labor-saving solutions through collaboration between AI Store and TOUCH TO GO, Capital and business alliance with Ricoh Japan and joint service development, Joint procurement and securing supply through a capital and business alliance with Buffalo

Items this document does not state (9)

Risk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout 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.

Large projects for shopping malls, logistics facilities and data centers contributed to higher revenue, primarily through SECURE AC and SECURE VS. SG&A expenses increased mainly due to personnel costs associated with expanding the sales force and exhibition-related expenses.

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.