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Results4379Photosynth inc.Information and Communications, Services and Others

Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

Revenue and profit increased from January to September 2026, driven by the expansion of installations, including Akerun, and the acquisition of new customers. The full-year earnings forecast and annual dividend forecast remain unchanged, while the subsequent events include the acquisitions of GOODLIFE and GDS.

Worth reading
40Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
25.5
% (year-on-year increase in net sales and operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 January 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales3,068¥ millionYear on year +25.5%Progress 75.5%
Operating profit270¥ millionYear on year +25.5%Progress 112.5%
Ordinary income275¥ millionYear on year +27.0%Progress 114.6%
Net income attributable to owners of the parent282¥ millionYear on year +12.0%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥18.27
Financial position at period-end
Total assets4,343¥ million
of which net assets 2,788 ¥ millionEquity ratio 61.5%vs. prior year-end -0.5pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥4,062 million (YoY +20.0%)
Operating profit¥240 million (YoY +3.8%)
Ordinary income¥240 million (YoY +2.4%)
Profit attributable to owners of the parent¥295 million (YoY +1.1%)
Annual Dividend Forecast¥0 → ¥0
Factors Behind Changes in Business Performance

Demand for unmanned and labor-saving solutions amid labor shortages, expanded installations of the Akerun access control system, expanded sales to large enterprises, higher sales of Akerun, Migakun and fixU, acquisition of new customers, strengthened sales and support networks, and expanded alliances with partner companies.

Disclosure regarding the going concern assumption

Not applicable

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 Yes修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not applicable
Material subsequent eventsGOODLIFE and GDS will become wholly owned subsidiaries through the acquisition of all their shares. The company will borrow ¥560 million to fund the acquisitions, and GDS is scheduled to be absorbed into GOODLIFE, with GOODLIFE as the surviving company.
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on disposal of non-current assets ¥10,475 thousand
Depreciation and amortization¥232,141 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End15,651,200 shares
Treasury Shares at Period-End202,221 shares
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026 to 30 September 2026
Net Sales¥3,068 million (YoY +25.5%)
Operating profit¥270 million (YoY +25.5%)
Ordinary income¥275 million (YoY +27.0%)
Profit attributable to owners of the parent¥282 million (YoY +12.0%)
Net income per share¥18.27
Equity ratioEnd of the current fiscal period 61.5% / End of previous period 62.0%
Total assets¥4,343 million
Net assets¥2,788 million
Full-year earnings forecastNet Sales ¥4,062 million (YoY +20.0%) / Operating profit ¥240 million (YoY +3.8%) / Ordinary income ¥240 million (YoY +2.4%) / Profit attributable to owners of the parent ¥295 million (YoY +1.1%)
Annual Dividend Forecast¥0 → ¥0
Depreciation and amortization¥232,141 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on disposal of non-current assets ¥10,475 thousand
Disclosure regarding the going concern assumptionNot applicable
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate Yes / Restatement No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not applicable
Material subsequent eventsGOODLIFE and GDS will become wholly owned subsidiaries through the acquisition of all their shares. The company will borrow ¥560 million to fund the acquisitions, and GDS is scheduled to be absorbed into GOODLIFE, with GOODLIFE as the surviving company.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End15,651,200 shares
Treasury Shares at Period-End202,221 shares
Factors Behind Changes in Business PerformanceDemand for unmanned and labor-saving solutions amid labor shortages, expanded installations of the Akerun access control system, expanded sales to large enterprises, higher sales of Akerun, Migakun and fixU, acquisition of new customers, strengthened sales and support networks, and expanded alliances with partner companies.
Items this document does not state (13)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment loss

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.

Demand for unmanned and labor-saving solutions continued amid labor shortages, and installations of the Akerun access control system remained solid. The company states that it achieved revenue growth and acquired new customers through expanded sales to large enterprises, higher sales of Akerun, Migakun and fixU, strengthened sales and support networks, and expanded partnerships with partner companies.

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.
Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | Photosynth inc. (4379) timely disclosure | Komori