Worth reading
65In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
3.4
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportThird quarter of the fiscal year ending November 20266 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales1,062 Millions of yen+3.4%
Operating profit155 Millions of yen+17.2%
Ordinary income160 Millions of yen+17.8%
Net income103 Millions of yen+19.0%
Gross Profit Margin43.4 %
Operating profit margin16 %
Results for the three months of the current quarter
Net Sales
355.1 Millions of yen
Operating profit
57.6 Millions of yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Subscription business fell short of planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Consulting and other earnings-6.7 Millions of yen
- Eureka Box earnings43.6 Millions of yen
- CoBrain earnings7.1 Millions of yen
- Increase in selling, general and administrative expenses-21.2 Millions of yen
New initiatives
- Use of outsourced sales support for dormant and new leads
- Increased investment in trade shows and stronger booth coverage through outsourced sales support
- Launch of an official X account
- Developing AI-use infrastructure as a subscription business
Key KPIsA metric the company considers important as a management benchmark.
- Year-on-year change in AI-related revenue105.8 % increaseYear on year against the same period last year+105.8%
- ROE6.1 %Year on year against the same period last year+0.8%
- Direct transaction ratio97.7 %
- Conversion rate from business meetings to ordersMore than 20%
- Order backlog163 Millions of yenYear on year against the same period last year-37.0%
Orders received and order backlog
Order backlog
163 Millions of yen
Number of employees
Number of Employees91 employees (consolidated, including contract employees, as of the end of August 2026)
Change during the period72 consolidated employees at the end of November 2025, unchanged at 72 as of October 2026. From this update, only the number of in-house employees is disclosed.
Hiring planRecruitment focused on highly skilled or high-potential talent
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Third quarter of the fiscal year ending November 2026 |
| Net Sales | 1,062 Millions of yen (YoY +3.4%) |
| Operating profit | 155 Millions of yen (YoY +17.2%) |
| Ordinary income | 160 Millions of yen (YoY +17.8%) |
| Net income | 103 Millions of yen (YoY +19.0%) |
| Gross Profit Margin | 43.4 % |
| Operating profit margin | 16 % |
| Results for the three months of the current quarter | Net Sales 355.1 Millions of yen / Operating profit 57.6 Millions of yen |
| Self-assessment against the plan | Subscription business fell short of plan |
| Breakdown of Factors Affecting the Change | Factors Consulting and other earnings / Amount -6.7 Millions of yen, Factors Eureka Box earnings / Amount 43.6 Millions of yen, Factors CoBrain earnings / Amount 7.1 Millions of yen, Factors Increase in selling, general and administrative expenses / Amount -21.2 Millions of yen |
| Key KPIs | Indicator name Year-on-year change in AI-related revenue / Value 105.8 % increase / Year on year against the same period last year 105.8 % increase, Indicator name ROE / Value 6.1 % / Year on year against the same period last year 0.8 %, Indicator name Direct transaction ratio / Value 97.7 % / Year on year against the same period last year Not disclosed, Indicator name Conversion rate from business meetings to orders / Value More than 20% / Year on year against the same period last year Not disclosed, Indicator name Order backlog / Value 163 Millions of yen / Year on year against the same period last year -37 Millions of yen |
| Number of employees | Number of Employees 91 employees (consolidated, including contract employees, as of the end of August 2026) / Change during the period 72 consolidated employees at the end of November 2025, unchanged at 72 as of October 2026. From this update, only the number of in-house employees is disclosed. / Hiring plan Recruitment focused on highly skilled or high-potential talent |
| Orders received and order backlog | Order backlog 163 Millions of yen |
| New initiatives | Use of outsourced sales support for dormant and new leads, Increased investment in trade shows and stronger booth coverage through outsourced sales support, Launch of an official X account, Developing AI-use infrastructure as a subscription business |
Items this document does not state (16)
Selling, general and administrative expensesFull-year earnings forecastProgress against full-year forecastSegment resultsUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial 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 grew in AI-related fields, particularly SDV, autonomous driving and semiconductor manufacturing equipment, driving strong performance in the consulting business. Higher CoBrain sales also contributed to the increase in operating profit, while the subscription business fell short of its targets for leads generated and business meetings, and Eureka Box saw sluggish distributor sales.
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.