Worth reading
68In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
30
¥ million (year-on-year increase 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 November 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥706 million+4.6%
Operating profit¥97 million+30.2%
Ordinary income¥100 million+29.5%
Net income¥64 million+31.2%
Selling, general and administrative expenses¥203 million
Gross Profit Margin
Rate42.6%
Operating profit margin
Rate13.9%
Results for the three months of the current quarter
Net Sales
¥358.2 million
Operating profit
¥57.3 million
Full-year earnings forecast
Net Sales
¥1,451 million
Operating profit
¥204 million
Ordinary income
¥206 million
Net income for the current fiscal year
¥133 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 Sales48.7%
Operating profit47.9%
Ordinary income48.6%
Net income for the current fiscal year48.2%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Both revenue and profit exceeded the first-half plan. However, CoBrain and Eureka Box fell short of plan.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Consulting and other earnings¥-6.6 million
- Eureka Box earnings¥5.5 million
- CoBrain earnings¥36.8 million
- Increase in selling, general and administrative expenses¥-13 million
- Total year-on-year change in operating profit¥22.7 million
New initiatives
- Development of an AI service for company-wide use to support quality, safety and accountability, followed by proposals to customers' senior management and the launch of demonstration projects in the second half
- Two new CoBrain features scheduled for release in the third quarter
- Development of AI solutions for model-based development support, process diagnosis and improvement proposals, following CoBrain
- Strengthening Eureka Box's agency sales initiatives and expanding its functionality
- Company-wide rollout of Claude, along with continued AI training and the 10% rule
- Launch of distribution of the investor-oriented video series “The Textbook of IT Stocks”
Key KPIsA metric the company considers important as a management benchmark.
- Revenue from AI-related fieldsApproximately doubled in 18 months
- CoBrain revenueJust under 3x year on yearYear on year against the same period last yearApproximately 3x
- Direct transaction ratio97.7 %
- ROE3.8 %Year on year against the same period last year+0.7 percentage points
- Order backlog¥258 millionYear on year against the same period last year-89.0%
Financial targets
Actual ROE was 3.8% (+0.7 percentage points year on year). The target is not disclosed.Orders received and order backlog
Order backlog
¥258 million
Order progress against full-year revenue plan
As of April¥920 million
As of July¥1,158 million
Number of employees
Number of Employees90 People as of the end of May 2026; consolidated, including contract employees
Changes during the period and hiring planAs of July 2026, the Company had 61 employees and 75 employees on a consolidated basis. Recruitment is progressing ahead of plan.
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Second quarter of the fiscal year ending November 2026 |
| Net Sales | ¥706 million (YoY +4.6%) |
| Operating profit | ¥97 million (YoY +30.2%) |
| Ordinary income | ¥100 million (YoY +29.5%) |
| Net income | ¥64 million (YoY +31.2%) |
| Gross Profit Margin | Rate 42.6% / Year-on-year change (points) Not disclosed |
| Operating profit margin | Rate 13.9% / Year-on-year change (points) Not disclosed |
| Selling, general and administrative expenses | ¥203 million |
| Results for the three months of the current quarter | Net Sales ¥358.2 million / Operating profit ¥57.3 million |
| Full-year earnings forecast | Net Sales ¥1,451 million / Operating profit ¥204 million / Ordinary income ¥206 million / Net income for the current fiscal year ¥133 million |
| Progress against full-year forecast | Net Sales 48.7% / Operating profit 47.9% / Ordinary income 48.6% / Net income for the current fiscal year 48.2% |
| Self-assessment against the plan | Both revenue and profit exceeded the first-half plan. However, CoBrain and Eureka Box fell short of plan. |
| Breakdown of Factors Affecting the Change | Factors Consulting and other earnings / Amount ¥-6.6 million, Factors Eureka Box earnings / Amount ¥5.5 million, Factors CoBrain earnings / Amount ¥36.8 million, Factors Increase in selling, general and administrative expenses / Amount ¥-13 million, Factors Total year-on-year change in operating profit / Amount ¥22.7 million |
| Key KPIs | Indicator name Revenue from AI-related fields / Value Approximately doubled in 18 months / Year on year against the same period last year Not disclosed, Indicator name CoBrain revenue / Value Just under 3x year on year / Year on year against the same period last year Approximately 3x, Indicator name Direct transaction ratio / Value 97.7 % / Year on year against the same period last year Not disclosed, Indicator name ROE / Value 3.8 % / Year on year against the same period last year +0.7 percentage points, Indicator name Order backlog / Value ¥258 million / Year on year against the same period last year ¥-89 million |
| Number of employees | Number of Employees 90 People (as of the end of May 2026; consolidated, including contract employees) / Changes during the period and hiring plan As of July 2026, the Company had 61 employees and 75 employees on a consolidated basis. Recruitment is progressing ahead of plan. |
| Financial targets | Actual ROE was 3.8% (+0.7 percentage points year on year). The target is not disclosed. |
| Orders received and order backlog | Order backlog ¥258 million / Order progress against full-year revenue plan As of April ¥920 million / As of July ¥1,158 million |
| New initiatives | Development of an AI service for company-wide use to support quality, safety and accountability, followed by proposals to customers' senior management and the launch of demonstration projects in the second half, Two new CoBrain features scheduled for release in the third quarter, Development of AI solutions for model-based development support, process diagnosis and improvement proposals, following CoBrain, Strengthening Eureka Box's agency sales initiatives and expanding its functionality, Company-wide rollout of Claude, along with continued AI training and the 10% rule, Launch of distribution of the investor-oriented video series “The Textbook of IT Stocks” |
Items this document does not state (12)
Segment resultsUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresMarket 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.Demand for support from AI-related fields, including semiconductor manufacturing equipment, physical AI and software-defined vehicles (SDVs), expanded sharply, driving strong performance in the consulting business. In addition, higher revenue from CoBrain and Eureka Box boosted profit.
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.