Worth reading
83Important
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
23.1
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportSecond quarter of the fiscal year ending July 20265 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Selling, general and administrative expenses¥4,870 million
Net Sales
2Q
¥18,513 million+23.1%
Cumulative 2Q
¥35,748 million+20.2%
Operating profit
2Q
¥1,026 million
non-GAAP
2Q
¥1,504 million+19.3%
Cumulative 2Q
¥3,004 million+14.6%
Ordinary income
2Q
¥987 million
Net income
2Q
¥1,355 million
non-GAAP
2Q
¥1,833 million+8.7%
Cumulative 2Q
¥3,016 million+20.3%
Gross Profit Margin
2Q
34.4 %
Year-on-year change (points)-0.5
Cumulative 2Q
34.9 %
Year-on-year change (points)0.2
Results for the three months of the current quarter
Net Sales
¥18,513 million
Gross profit
¥6,375 million
EBITDA
¥1,740 million
Operating profit
¥1,026 million
Accounting standardsJ-GAAP
Ordinary income
¥987 million
Net income
¥1,355 million
Accounting standardsJ-GAAP
Full-year earnings forecast
Net Sales
75000-77000
Gross profit
26000-27000
EBITDA
7200-7700
Operating profit
4500-5000
Accounting standardsJ-GAAP
Operating profit_non-GAAP
6200-6700
Net income
2900-3400
Accounting standardsJ-GAAP
Net income_non-GAAP
4600-5100
EPS
50.0-58.6
Accounting standardsJ-GAAP
EPS_non-GAAP
79.4-88.0
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 Sales
Progress toward full-year plan47.7 %
ComparisonLower end of full-year forecast: ¥75.0 billion
Gross profit
Progress toward full-year plan47.9 %
ComparisonLower end of full-year forecast: ¥26.0 billion
EBITDA
Progress toward full-year plan48 %
ComparisonLower end of full-year forecast: ¥7.2 billion
Three-year average
Net Sales47.5 %
Gross profit47.1 %
EBITDA49.3 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing favorably against the forecasts disclosed in September 2025New initiatives
- Acquisition of shares in ROS株式会社DetailsAdd website development and operation services for SMEs to the marketing platform, with the aim of expanding the SME customer base and cross-selling the Group's products and servicesLaunch timingFebruary 2026ImpactThe impact on consolidated results is minor. Transaction-related expenses in the low tens of millions of yen are expected to be recorded in the third quarter.
Key KPIsA metric the company considers important as a management benchmark.
- Cumulative registered RAKSUL ID users3,648.22 thousand users
- Quarterly purchasing users641 thousand users
- RAKSUL ID purchasing users482 thousand usersYear on year against the same period last year+45.4%
- Average purchase frequency2.1 timesYear on year against the same period last year+3.3%
- Average order value¥13,114Year on year against the same period last year-0.8%
- Annual number of sole proprietors and SMEs using the service33,164 companiesYear on year against the same period last year+19.4%
- Annual number of mid-sized and large companies using the service353 companiesYear on year against the same period last year-16.4%
- Advertising expenses¥1,316 million
- Tech & Development investment¥647 million
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Quarterly purchasing users
641 thousand users
Average purchase frequency
2.1 times+3.3%
Average order value
¥13,114-0.8%
Segment results
Procurement Platform
Net Sales
¥16,903 million+20.2%
Gross profit
¥5,418 million+19.2%
Segment profit_EBITDA
¥2,459 million
Segment profit_J-GAAP
¥1,960 million
Marketing platform
Net Sales
¥1,529 million+73.7%
Gross profit
¥929 million+37.7%
Segment profit_EBITDA
¥183 million
Segment profit_J-GAAP
¥93 million
Other and internal adjustments
Net Sales
¥80 million
Gross profit
¥26 million
Segment profit_EBITDA
¥-902 million
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Second quarter of the fiscal year ending July 2026 |
| Net Sales | 2Q ¥18,513 million (YoY +23.1%) / Cumulative 2Q ¥35,748 million (YoY +20.2%) |
| Operating profit | 2Q ¥1,026 million / Cumulative 2Q Not disclosed / non-GAAP 2Q ¥1,504 million (YoY +19.3%) / Cumulative 2Q ¥3,004 million (YoY +14.6%) |
| Ordinary income | 2Q ¥987 million / Cumulative 2Q Not disclosed |
| Net income | 2Q ¥1,355 million / Cumulative 2Q Not disclosed / non-GAAP 2Q ¥1,833 million (YoY +8.7%) / Cumulative 2Q ¥3,016 million (YoY +20.3%) |
| Gross Profit Margin | 2Q 34.4 % / Cumulative 2Q 34.9 % |
| Selling, general and administrative expenses | ¥4,870 million |
| Results for the three months of the current quarter | Net Sales ¥18,513 million / Gross profit ¥6,375 million / EBITDA ¥1,740 million / Operating profit ¥1,026 million / Ordinary income ¥987 million / Net income ¥1,355 million |
| Full-year earnings forecast | Net Sales 75000-77000 / Gross profit 26000-27000 / EBITDA 7200-7700 / Operating profit 4500-5000 / Operating profit_non-GAAP 6200-6700 / Net income 2900-3400 / Net income_non-GAAP 4600-5100 / EPS 50.0-58.6 / EPS_non-GAAP 79.4-88.0 |
| Progress against full-year forecast | Net Sales Progress toward full-year plan 47.7 % / Comparison Lower end of full-year forecast: ¥75.0 billion / Gross profit Progress toward full-year plan 47.9 % / Comparison Lower end of full-year forecast: ¥26.0 billion / EBITDA Progress toward full-year plan 48 % / Comparison Lower end of full-year forecast: ¥7.2 billion / Three-year average Net Sales 47.5 % / Gross profit 47.1 % / EBITDA 49.3 % |
| Self-assessment against the plan | Progressing favorably against the forecasts disclosed in September 2025 |
| Segment results | Procurement Platform Net Sales ¥16,903 million (YoY +20.2%) / Gross profit ¥5,418 million (YoY +19.2%) / Segment profit_EBITDA ¥2,459 million / Segment profit_J-GAAP ¥1,960 million / Marketing platform Net Sales ¥1,529 million (YoY +73.7%) / Gross profit ¥929 million (YoY +37.7%) / Segment profit_EBITDA ¥183 million / Segment profit_J-GAAP ¥93 million / Other and internal adjustments Net Sales ¥80 million / Gross profit ¥26 million / Segment profit_EBITDA ¥-902 million |
| Key KPIs | Indicator name Cumulative registered RAKSUL ID users / Value 3,648.22 thousand users / Year on year against the same period last year Not disclosed, Indicator name Quarterly purchasing users / Value 641 thousand users / Year on year against the same period last year Not disclosed, Indicator name RAKSUL ID purchasing users / Value 482 thousand users / Year on year against the same period last year 45.4 thousand users, Indicator name Average purchase frequency / Value 2.1 times / Year on year against the same period last year 3.3 times, Indicator name Average order value / Value ¥13,114 / Year on year against the same period last year ¥-0.8, Indicator name Annual number of sole proprietors and SMEs using the service / Value 33,164 companies / Year on year against the same period last year 19.4 companies, Indicator name Annual number of mid-sized and large companies using the service / Value 353 companies / Year on year against the same period last year -16.4 companies, Indicator name Advertising expenses / Value ¥1,316 million / Year on year against the same period last year Not disclosed, Indicator name Tech & Development investment / Value ¥647 million / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Quarterly purchasing users 641 thousand users / Average purchase frequency 2.1 times (YoY +3.3%) / Average order value ¥13,114 (YoY -0.8%) |
| New initiatives | Measures Acquisition of shares in ROS株式会社 / Details Add website development and operation services for SMEs to the marketing platform, with the aim of expanding the SME customer base and cross-selling the Group's products and services / Launch timing February 2026 / Impact The impact on consolidated results is minor. Transaction-related expenses in the low tens of millions of yen are expected to be recorded in the third quarter. |
Items this document does not state (15)
Operating profit marginBreakdown of Factors Affecting the ChangeNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial 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 reasons cited were the solid performance of each business, organic growth in the procurement platform business, strong activity in the advertising agency business within the marketing business, the addition of FUSION to the consolidated results, and growth in website development and payment processing volumes for SMBs. The Company is also making investments in growth opportunities as planned.
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.