Earnings Briefing Materials for the Second Quarter of the Fiscal Year Ending March 2027 | J-Stream Inc. (4308) timely disclosure

Worth reading

64In 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

6.5

Year-on-year change in consolidated revenue (%)

Wording

Definitive

How definitive the wording is.

Contents of this document

Earnings presentationSecond 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¥6,081 million+6.5%

Operating profit¥414 million+14.5%

Ordinary income¥438 million+14.2%

Net income¥237 million+17.1%

Gross Profit Margin39.1 %

Operating profit margin6.8 %

Selling, general and administrative expenses¥1,961 million

Results for the three months of the current quarter

Net Sales

¥2,989 million

Revenue YoY (%)3.4

Operating profit

¥162 million

Operating Profit YoY (%)-17.8

Operating profit margin

5.4 %

Gross profit

¥1,151 million

Gross profit yoy_pct2.2

Gross Profit Margin

38.5 %

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 Sales47.9 %

Operating profit45 %

Ordinary income46.2 %

Net income44.3 %

What the company explained in this material

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

Labor Costs¥91 million

Outsourcing expenses¥166 million

Outsourcing fees (cost of sales)¥-8 million

Depreciation and amortization¥-2 million

Royalties¥16 million

Procurement¥-23 million

Personnel Expenses¥30 million

Sales support expenses¥31 million

Outsourcing fees (SG&A)¥35 million

Selling and Marketing Expenses¥1 million

New initiatives

J-Stream CDNext begins offering a feature that automates SSL/TLS certificate management through ACME integration with certificate authorities
ビッグエムズワイ and an overseas literature service jointly offer a service supporting the development and use of physician-persona conversational AI agents
VideoStep opens a Nagoya base at STATION Ai
VideoStep adopted by the Chita Peninsula General Medical Organization

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

Total Revenue of Consolidated Subsidiaries17.5 % year on year
Total Operating Profit of Consolidated Subsidiaries48 % year on year
Consolidated number of employees704 people
Year on year against the same period last year+33.0%
Jストリーム standalone employee count404 people
Year on year against the same period last year-16.0%

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

Both the unit price and number of Web seminars held declined slightly. The number of clients using virtual general meetings of shareholders increased, but the unit price fell. Figures: Not disclosed.

Segment results

Pharmaceuticals

Sales

¥771 million

EVC

Sales

¥757 million

OTT

Sales

¥706 million

Total consolidated subsidiaries

Revenue YoY (%)17.5

Operating Profit YoY (%)48

Number of employees

Number of Employees704 people

Year on year against the same period last year+33.0%

Change during the period2 people

Hiring planHiring was restrained except at VideoStep

Capital expenditures

¥267 million

Annual Dividend

Annual dividend per share14 Yen

Contents of this document
Item	Details
Document type	Earnings presentation
Fiscal Period Covered	Second quarter of the fiscal year ending March 2027
Net Sales	¥6,081 million (YoY +6.5%)
Operating profit	¥414 million (YoY +14.5%)
Ordinary income	¥438 million (YoY +14.2%)
Net income	¥237 million (YoY +17.1%)
Gross Profit Margin	39.1 %
Operating profit margin	6.8 %
Selling, general and administrative expenses	¥1,961 million
Results for the three months of the current quarter	Net Sales ¥2,989 million / Revenue YoY (%) 3.4 / Operating profit ¥162 million / Operating Profit YoY (%) -17.8 / Operating profit margin 5.4 % / Gross profit ¥1,151 million / Gross profit yoy_pct 2.2 / Gross Profit Margin 38.5 %
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 47.9 % / Operating profit 45 % / Ordinary income 46.2 % / Net income 44.3 %
Segment results	Pharmaceuticals Sales ¥771 million / Profit Not disclosed / yoy_pct Not disclosed / EVC Sales ¥757 million / Profit Not disclosed / yoy_pct Not disclosed / OTT Sales ¥706 million / Profit Not disclosed / yoy_pct Not disclosed / Total consolidated subsidiaries Revenue YoY (%) 17.5 / Operating Profit YoY (%) 48
Breakdown of Factors Affecting the Change	Labor Costs ¥91 million / Outsourcing expenses ¥166 million / Outsourcing fees (cost of sales) ¥-8 million / Depreciation and amortization ¥-2 million / Royalties ¥16 million / Procurement ¥-23 million / Personnel Expenses ¥30 million / Sales support expenses ¥31 million / Outsourcing fees (SG&A) ¥35 million / Selling and Marketing Expenses ¥1 million
Key KPIs	Indicator name Total Revenue of Consolidated Subsidiaries / Value 17.5 % year on year, Indicator name Total Operating Profit of Consolidated Subsidiaries / Value 48 % year on year, Indicator name Consolidated number of employees / Value 704 people / Year on year against the same period last year 33 people, Indicator name Jストリーム standalone employee count / Value 404 people / Year on year against the same period last year -16 people
Unit price and quantity metrics	Both the unit price and number of Web seminars held declined slightly. The number of clients using virtual general meetings of shareholders increased, but the unit price fell. Figures: Not disclosed.
Number of employees	Number of Employees 704 people / Year on year against the same period last year 33 people / Change during the period 2 people / Hiring plan Hiring was restrained except at VideoStep
Annual Dividend	Annual dividend per share 14 Yen / Interim Not disclosed / End of period Not disclosed
Capital expenditures	¥267 million
New initiatives	J-Stream CDNext begins offering a feature that automates SSL/TLS certificate management through ACME integration with certificate authorities, ビッグエムズワイ and an overseas literature service jointly offer a service supporting the development and use of physician-persona conversational AI agents, VideoStep opens a Nagoya base at STATION Ai, VideoStep adopted by the Chita Peninsula General Medical Organization

Items this document does not state (11)

Self-assessment against the planNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioAcquisition of treasury sharesOrders 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.

Revenue growth, including the effects of M&A at consolidated subsidiaries, strong production-related sales, improved productivity, and restrained hiring and reduced outsourcing costs contributed to performance. In the pharmaceutical market, unit prices and the number of Web seminars held declined, but content production, live events, VR and other services at subsidiaries contributed to revenue growth.

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