Worth reading
75Important
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
53.1
% (year-on-year change in operating income)Wording
Definitive
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending March 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,092 million+9.7%
Operating profit¥252 million+53.1%
Ordinary income¥262 million+49.3%
Net income¥150 million+63.4%
Gross Profit Margin39.6 %
Operating profit margin8.2 %
Selling, general and administrative expenses¥972 million
Results for the three months of the current quarterThree-month results for the quarter: net sales of ¥3,092 million, operating income of ¥252 million, ordinary income of ¥262 million, and net income attributable to owners of the parent of ¥150 million (first-quarter standalone results)
Full-year earnings forecast
Net Sales
¥12,702 million
Operating profit
¥920 million
Ordinary income
¥950 million
Net income
¥536 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 Sales24.3 %
Operating profit27.4 %
Ordinary income27.6 %
Net income28.1 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Investment was broadly in line with the plan. IPL's sales exceeded the plan, while the technology trading subsidiary exceeded its plan for both sales and profit. The plan assessment for overall consolidated results is Not disclosedBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Cost of sales
Labor Costs
¥789 million+5.8%
Outsourcing expenses
¥622 million+17.0%
Outsourcing fees (cost of sales)
¥199 million-1.8%
Depreciation and amortization
¥127 million-1.6%
Procurement
¥103 million+72.5%
Selling, general and administrative expenses
Personnel Expenses
¥458 million+3.9%
Sales support expenses
¥149 million+17.5%
Outsourcing fees (SG&A)
¥75 million+32.8%
Selling and Marketing Expenses
¥45 million-5.2%
New initiatives
- Register EQ Presentation Cloud on the Digital Marketplace (DMP)
- Enhance the functionality of OTT solutions such as Stream BIZ and Stream CORE
- Enhance features such as live streaming on Equipmedia
- Implement AI technology across the company and enhance services through video and AI agents
- Hold the company's own shareholder meeting in a virtual-only format
Key KPIsA metric the company considers important as a management benchmark.
- Consolidated subsidiary revenueYear on year against the same period last year+22.0%
- Consolidated subsidiary operating profitYear on year against the same period last year+77.4%
- Consolidated number of employees702 peopleYear on year against the same period last year+27.0%
- Number of virtual shareholder meetings handledYear on year against the same period last year+6.0%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
The number of virtual shareholder meetings handled increased 6% year on year, while the average price declined. Average pricing for online pharmaceutical lectures was broadly unchanged, while the number of lectures decreased.Market Size / Share
The number of companies implementing virtual shareholder meetings was 286, compared with 317 in the previous year. The business plan identifies increasing the market shares of VideoStep and IPL as initiatives.Number of employees
Number of Employees702 people
Change during the periodUp 27 people year on year and 7 people from the previous quarter. J-Stream itself was down 14 people year on year, while subsidiaries were up 41 people. Hiring was restrained except at the video manual SaaS subsidiary
Capital expenditures
¥139 million first-quarter actual
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥3,092 million (YoY +9.7%) |
| Operating profit | ¥252 million (YoY +53.1%) |
| Ordinary income | ¥262 million (YoY +49.3%) |
| Net income | ¥150 million (YoY +63.4%) |
| Gross Profit Margin | 39.6 % |
| Operating profit margin | 8.2 % |
| Selling, general and administrative expenses | ¥972 million |
| Results for the three months of the current quarter | Three-month results for the quarter: net sales of ¥3,092 million, operating income of ¥252 million, ordinary income of ¥262 million, and net income attributable to owners of the parent of ¥150 million (first-quarter standalone results) |
| Full-year earnings forecast | Net Sales ¥12,702 million / Operating profit ¥920 million / Ordinary income ¥950 million / Net income ¥536 million |
| Progress against full-year forecast | Net Sales 24.3 % / Operating profit 27.4 % / Ordinary income 27.6 % / Net income 28.1 % |
| Self-assessment against the plan | Investment was broadly in line with the plan. IPL's sales exceeded the plan, while the technology trading subsidiary exceeded its plan for both sales and profit. The plan assessment for overall consolidated results is Not disclosed |
| Breakdown of Factors Affecting the Change | Cost of sales Labor Costs ¥789 million (YoY +5.8%) / Outsourcing expenses ¥622 million (YoY +17.0%) / Outsourcing fees (cost of sales) ¥199 million (YoY -1.8%) / Depreciation and amortization ¥127 million (YoY -1.6%) / Procurement ¥103 million (YoY +72.5%) / Selling, general and administrative expenses Personnel Expenses ¥458 million (YoY +3.9%) / Sales support expenses ¥149 million (YoY +17.5%) / Outsourcing fees (SG&A) ¥75 million (YoY +32.8%) / Selling and Marketing Expenses ¥45 million (YoY -5.2%) |
| Key KPIs | Indicator name Consolidated subsidiary revenue / Value Not disclosed / Year on year against the same period last year 22 Year on year, Indicator name Consolidated subsidiary operating profit / Value Not disclosed / Year on year against the same period last year 77.4 Year on year, Indicator name Consolidated number of employees / Value 702 people / Year on year against the same period last year 27 people, Indicator name Number of virtual shareholder meetings handled / Value Not disclosed / Year on year against the same period last year 6 Year on year |
| Unit price and quantity metrics | The number of virtual shareholder meetings handled increased 6% year on year, while the average price declined. Average pricing for online pharmaceutical lectures was broadly unchanged, while the number of lectures decreased. |
| Number of employees | Number of Employees 702 people / Change during the period Up 27 people year on year and 7 people from the previous quarter. J-Stream itself was down 14 people year on year, while subsidiaries were up 41 people. Hiring was restrained except at the video manual SaaS subsidiary |
| Capital expenditures | ¥139 million (first-quarter actual) |
| Market Size / Share | The number of companies implementing virtual shareholder meetings was 286, compared with 317 in the previous year. The business plan identifies increasing the market shares of VideoStep and IPL as initiatives. |
| New initiatives | Register EQ Presentation Cloud on the Digital Marketplace (DMP), Enhance the functionality of OTT solutions such as Stream BIZ and Stream CORE, Enhance features such as live streaming on Equipmedia, Implement AI technology across the company and enhance services through video and AI agents, Hold the company's own shareholder meeting in a virtual-only format |
Items this document does not state (11)
Segment resultsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial 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.The reasons cited include an increase in consolidated subsidiaries through M&A, strong performance at the education-focused SaaS subsidiary and the technology trading subsidiary, higher sales, improved productivity, lower outsourcing costs, restrained hiring, and decreases in software amortization, payment processing fees and recruiting 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.