Worth reading
55In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
1000
¥ million (increase in full-year revenue forecast)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter of the fiscal year ending March 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥10,337 millions+15.5%
Operating profit¥635 millions-6.8%
Ordinary income¥659 millions-5.5%
Net income¥421 millions-10.8%
Gross Profit Margin19.6 %
Operating profit margin6.1 %
Selling, general and administrative expenses¥1,393 millions
Results for the three months of the current quarterStandalone quarterly revenue and operating income added to the consolidated quarterly trends chart
Full-year earnings forecast
Net Sales
¥21,000 millions
Operating profit
¥1,450 millions
Ordinary income
¥1,475 millions
Net income for the current fiscal year
¥1,000 millions
ROE
9 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Impact of higher revenue¥193 millions
- Selling price improvements and other factors¥72 millions
- Higher business partner rates and personnel expenses¥-220 millions
- Investments in human resources and security, etc.¥-59 millions
- Goodwill Amortization¥-33 millions
New initiatives
- Company-wide rollout of AI-driven development
- Development and rollout of proprietary AI solutions
- Increased upfront investment in human capital, the use of AI, and commercialisation
- Making 株式会社コアソフト a consolidated subsidiary
Key KPIsA metric the company considers important as a management benchmark.
- End-user revenue ratio36.7 %
- Orders received¥10,807 millionsYear on year against the same period last year+22.1%
- Order backlog¥4,282 millionsYear on year against the same period last year+26.3%
- Number of DX-related qualifications obtained369 License
Segment results
Systems and solutions services
Net Sales¥3,207 millions
Year on year against the same period last year-3.5%
Systems and maintenance services
Net Sales¥7,130 millions
Year on year against the same period last year+26.7%
Medium-term management plan targets
Fiscal year ending March 2027
Net Sales¥20,000 millions
Operating profit margin¥6 millions
unit2%
End-user revenue ratio¥34 millions
unit3%
Fiscal year ending March 2029
Net Sales¥22,300 millions
Operating profit margin¥7 millions
unit2%
End-user revenue ratio¥36 millions
unit3%
Financial targets
ROE
Target for the fiscal year ending March 20277 %
Revised forecast for the fiscal year ending March 20279 %
Orders received and order backlog
Orders received¥10,807 millions
Order backlog¥4,282 millions
Number of employees
The number of employees is Not disclosed. The company states a target of continuing to hire approximately 80 new graduates.Annual Dividend
¥51 per share
Interim28
End of period23
Payout ratio
40 %
TypeConsolidated payout ratio guideline
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥10,337 millions (YoY +15.5%) |
| Operating profit | ¥635 millions (YoY -6.8%) |
| Ordinary income | ¥659 millions (YoY -5.5%) |
| Net income | ¥421 millions (YoY -10.8%) |
| Gross Profit Margin | 19.6 % |
| Operating profit margin | 6.1 % |
| Selling, general and administrative expenses | ¥1,393 millions |
| Results for the three months of the current quarter | Standalone quarterly revenue and operating income added to the consolidated quarterly trends chart |
| Full-year earnings forecast | Net Sales ¥21,000 millions / Operating profit ¥1,450 millions / Ordinary income ¥1,475 millions / Net income for the current fiscal year ¥1,000 millions / ROE 9 % |
| Segment results | Systems and solutions services Net Sales ¥3,207 millions / Year on year against the same period last year ¥-3.5 millions / Systems and maintenance services Net Sales ¥7,130 millions / Year on year against the same period last year ¥26.7 millions |
| Breakdown of Factors Affecting the Change | Factors Impact of higher revenue / Amount ¥193 millions, Factors Selling price improvements and other factors / Amount ¥72 millions, Factors Higher business partner rates and personnel expenses / Amount ¥-220 millions, Factors Investments in human resources and security, etc. / Amount ¥-59 millions, Factors Goodwill Amortization / Amount ¥-33 millions |
| Key KPIs | Indicator name End-user revenue ratio / Value 36.7 % / Year on year against the same period last year Not disclosed, Indicator name Orders received / Value ¥10,807 millions / Year on year against the same period last year ¥22.1 millions, Indicator name Order backlog / Value ¥4,282 millions / Year on year against the same period last year ¥26.3 millions, Indicator name Number of DX-related qualifications obtained / Value 369 License / Year on year against the same period last year Not disclosed |
| Number of employees | The number of employees is Not disclosed. The company states a target of continuing to hire approximately 80 new graduates. |
| Medium-term management plan targets | Fiscal year ending March 2027 Net Sales ¥20,000 millions / Operating profit margin ¥6 millions / unit2 % / End-user revenue ratio ¥34 millions / unit3 % / Fiscal year ending March 2029 Net Sales ¥22,300 millions / Operating profit margin ¥7 millions / unit2 % / End-user revenue ratio ¥36 millions / unit3 % |
| Financial targets | ROE Target for the fiscal year ending March 2027 7 % / Revised forecast for the fiscal year ending March 2027 9 % |
| Annual Dividend | ¥51 per share |
| Payout ratio | 40 % |
| Orders received and order backlog | Orders received ¥10,807 millions / Order backlog ¥4,282 millions |
| New initiatives | Company-wide rollout of AI-driven development, Development and rollout of proprietary AI solutions, Increased upfront investment in human capital, the use of AI, and commercialisation, Making 株式会社コアソフト a consolidated subsidiary |
Items this document does not state (10)
Progress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition of treasury sharesCapital expendituresMarket 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 revenue forecast was raised because projects involving the renewal and rebuilding of existing systems, security-related projects, and direct transactions with end users expanded. Profitability is expected to improve through the effect of higher revenue and efficient spending, while upfront investment in human capital, the use of AI, and commercialisation was increased after taking into account the risk of fluctuations in project profitability.
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.