Worth reading
73In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
73.4
Year-on-year change in operating profit (%)Wording
Definitive
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter of the fiscal year ending August 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,881 million+24.3%
Operating profit¥232 million+73.4%
Ordinary income¥232 million+67.4%
Net income¥157 million+43.5%
Operating profit margin8.1%, +2.3 percentage points year on year
Results for the three months of the current quarter
Net Sales
¥1,470 million+25.5%
Operating profit
¥122 million+49.3%
Net income for the current fiscal year
¥80 million+11.5%
ARR
¥4,677 million+17.3%
Net ARR additions
¥228 million+102.4%
Full-year earnings forecast
Net Sales
¥5,700 million
License revenue
¥4,600 million
Professional services revenue
¥1,100 million
Operating profit
¥430 million
Ordinary income
¥430 million
Net income
¥320 million
ARR
5000〜5100
Net ARR additions
600〜700
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 Sales50.6%
License revenue48.5%
Professional services revenue59.2%
Operating profit54.1%
Ordinary income54.0%
Net income49.4%
Net ARR additions37.5%〜43.8%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing as plannedBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Higher revenue, cost control and growth in the enterprise segment. The bridge by amount is Not disclosed
New initiatives
- Release of TeamSpirit labor management
- Share repurchases
- ¥600 million in external borrowing, equivalent to the share buyback amount
- Distribution via IRTV of timely disclosure commentary and earnings highlights videos
Key KPIsA metric the company considers important as a management benchmark.
- ARR¥4,677 millionYear on year against the same period last year+17.3%
- Number of licenses718,081 LicensingYear on year against the same period last year+24.3%
- Monthly churn rate (based on number of licenses)0.41 %Year on year against the same period last year+0.05 percentage points
- Recurring revenue ratio83.5 %Year on year against the same period last year-8.0 percentage points
- Number of contracted companies2,234 companiesYear on year against the same period last year+164 companies
- Users700,000 users or more
- Revenue per employeeYear on year against the same period last year+18.2%
Medium-term management plan targets
TargetRevenue of ¥7.8 billion, ARR of ¥7.0 billion and an operating margin of 15%
Target fiscal yearFiscal year ending August 2028
Number of employees
Number of Employees220 people
Change during the period+12 people year on year, +9 people from the previous quarter
Acquisition of treasury shares
Acquisition amountApproximately ¥600 million
Number of shares acquiredEquivalent to 7.55% of total shares outstanding
Acquisition period22 January 2026
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending August 2026 |
| Net Sales | ¥2,881 million (YoY +24.3%) |
| Operating profit | ¥232 million (YoY +73.4%) |
| Ordinary income | ¥232 million (YoY +67.4%) |
| Net income | ¥157 million (YoY +43.5%) |
| Operating profit margin | 8.1%, +2.3 percentage points year on year |
| Results for the three months of the current quarter | Net Sales ¥1,470 million (YoY +25.5%) / Operating profit ¥122 million (YoY +49.3%) / Net income for the current fiscal year ¥80 million (YoY +11.5%) / ARR ¥4,677 million (YoY +17.3%) / Net ARR additions ¥228 million (YoY +102.4%) |
| Full-year earnings forecast | Net Sales ¥5,700 million / License revenue ¥4,600 million / Professional services revenue ¥1,100 million / Operating profit ¥430 million / Ordinary income ¥430 million / Net income ¥320 million / ARR 5000〜5100 / Net ARR additions 600〜700 |
| Progress against full-year forecast | Net Sales 50.6% / License revenue 48.5% / Professional services revenue 59.2% / Operating profit 54.1% / Ordinary income 54.0% / Net income 49.4% / Net ARR additions 37.5%〜43.8% |
| Self-assessment against the plan | Progressing as planned |
| Breakdown of Factors Affecting the Change | Higher revenue, cost control and growth in the enterprise segment. The bridge by amount is Not disclosed |
| Key KPIs | Indicator name ARR / Value ¥4,677 million / Year on year against the same period last year +17.3%, Indicator name Number of licenses / Value 718,081 Licensing / Year on year against the same period last year +24.3%, Indicator name Monthly churn rate (based on number of licenses) / Value 0.41 % / Year on year against the same period last year +0.05 percentage points, Indicator name Recurring revenue ratio / Value 83.5 % / Year on year against the same period last year -8.0 percentage points, Indicator name Number of contracted companies / Value 2,234 companies / Year on year against the same period last year +164 companies, Indicator name Users / Value 700,000 users or more / Year on year against the same period last year Not disclosed, Indicator name Revenue per employee / Value Not disclosed / Year on year against the same period last year +18.2% |
| Number of employees | Number of Employees 220 people / Change during the period +12 people year on year, +9 people from the previous quarter |
| Medium-term management plan targets | Target Revenue of ¥7.8 billion, ARR of ¥7.0 billion and an operating margin of 15% / Target fiscal year Fiscal year ending August 2028 |
| Acquisition of treasury shares | Acquisition amount Approximately ¥600 million / Number of shares acquired Equivalent to 7.55% of total shares outstanding / Acquisition period 22 January 2026 |
| New initiatives | Release of TeamSpirit labor management, Share repurchases, ¥600 million in external borrowing, equivalent to the share buyback amount, Distribution via IRTV of timely disclosure commentary and earnings highlights videos |
Items this document does not state (14)
Gross Profit MarginSelling, general and administrative expensesSegment resultsUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioCapital 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.Growth in implementations and large-scale projects in the enterprise segment, together with the contribution from higher revenue and cost control. The company also cited its management of fixed costs and control of personnel expenses while investing for growth in human capital and development.
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.