Worth reading
47Recurring
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
270
¥ millionWording
Conditional
How definitive the wording is.Contents of this document
Earnings presentation materialsThird quarter of the fiscal year ending December 20265 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,068 million+25.5%
Operating profit¥270 million
Results for the three months of the current quarter
Net Sales
¥1,017 million+21.0%
Gross profit
¥750 million+19.9%
Adjusted EBITDA
¥211 million+51.4%
Operating profit
¥96 million+37.9%
Profit attributable to owners of parent for the quarter
¥104 million+28.1%
Full-year earnings forecast
Net Sales
¥4,062 million
Adjusted EBITDA
¥720 million
Operating profit
¥240 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 Sales75.5
Adjusted EBITDA83
Operating profit112.6
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Operating profit has already exceeded full-year guidanceNew initiatives
- GOODLIFE and GDS to become wholly owned subsidiaries through share acquisitions (acquisition price: ¥560 million; 1 November)
- Holding Space Unmanned Summit 2026
- Support for FeliCa Networks’ student ID platform
- Joint development with クマヒラ of integration functionality for an access control system
Key KPIsA metric the company considers important as a management benchmark.
- ARR¥36.3 100 million+16.8%
- ARPU¥52,180+13.9%
- Churn Rate1.02 %
- Churn Rate excluding customer-initiated cancellations0.84 %
- Contracted companies5,801 companies
- Recurring revenue ratio88.2 %
Medium-term management plan targets
2026-2028
Revenue growth20〜30%
FY28 revenue¥5.8–7.5 billion
FY28 adjusted EBITDA¥1.16–1.5 billion
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
Share acquisition-related expenses exceeding ¥40 million, event costs and a year-end bonus| Item | Details |
|---|---|
| Document type | Earnings presentation materials |
| Fiscal Period Covered | Third quarter of the fiscal year ending December 2026 |
| Net Sales | ¥3,068 million (YoY +25.5%) |
| Operating profit | ¥270 million |
| Results for the three months of the current quarter | Net Sales ¥1,017 million (YoY +21.0%) / Gross profit ¥750 million (YoY +19.9%) / Adjusted EBITDA ¥211 million (YoY +51.4%) / Operating profit ¥96 million (YoY +37.9%) / Profit attributable to owners of parent for the quarter ¥104 million (YoY +28.1%) |
| Full-year earnings forecast | Net Sales ¥4,062 million / Adjusted EBITDA ¥720 million / Operating profit ¥240 million |
| Progress against full-year forecast | Net Sales 75.5 / Adjusted EBITDA 83 / Operating profit 112.6 |
| Self-assessment against the plan | Operating profit has already exceeded full-year guidance |
| Key KPIs | ARR ¥36.3 100 million (YoY +16.8%), ARPU ¥52,180 (YoY +13.9%), Churn Rate 1.02 %, Churn Rate excluding customer-initiated cancellations 0.84 %, Contracted companies 5,801 companies, Recurring revenue ratio 88.2 % |
| Risk amount incorporated into the outlook | Share acquisition-related expenses exceeding ¥40 million, event costs and a year-end bonus |
| Medium-term management plan targets | Subject 2026-2028 / Revenue growth 20〜30% / FY28 revenue ¥5.8–7.5 billion / FY28 adjusted EBITDA ¥1.16–1.5 billion |
| New initiatives | GOODLIFE and GDS to become wholly owned subsidiaries through share acquisitions (acquisition price: ¥560 million; 1 November), Holding Space Unmanned Summit 2026, Support for FeliCa Networks’ student ID platform, Joint development with クマヒラ of integration functionality for an access control system |
Items this document does not state (19)
Ordinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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.The company stated that the full-year operating profit forecast was left unchanged because share acquisition-related expenses exceeding ¥40 million, event costs and a year-end bonus will be incurred in Q4, and operating profit is not expected to reach 30% above guidance, the benchmark for revising the earnings forecast.
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.