Worth reading
63In focus
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
19
¥ million (operating profit for the second quarter of the fiscal year ending March 2027)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter of the fiscal year ending March 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales490 Millions of yen+7.3%
Operating profit19 Millions of yen-38.7%
Ordinary income¥16 million -50.0%profit before tax
Net income14 Millions of yen-50.0%
Gross Profit Margin53.3 %
Operating profit margin4 %
Selling, general and administrative expenses241 Millions of yen
Results for the three months of the current quarter
Net Sales
490 Millions of yen
Gross profit
261 Millions of yen
Operating profit
19 Millions of yen
Profit before tax
16 Millions of yen
Net income
14 Millions of yen
Full-year earnings forecast
Net Sales
2,200 Millions of yen
Gross profit
1,122 Millions of yen
Operating profit
80 Millions of yen
Profit before tax
78 Millions of yen
Net income
63 Millions of yen
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 Sales44.6
Operating profit40
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Existing large-scale projects are expected to remain at maintenance-to-run-rate levels (in line). Upfront investments associated with building an ecosystem with AI startups and other factors may temporarily lower the gross profit margin during the interim period of the medium-term plan. Numerical assumptions for foreign exchange rates, raw material prices and other factors were Not disclosed.New initiatives
- Decision to introduce the SalesSensor AI service for forecasting sales at new stores at ツルハホールディングス
- Making 株式会社コスモネット a wholly owned subsidiary (share acquisition consideration: ¥200 million)
- Plan to deploy Cosmonet's data platform for professional shops to manufacturers and wholesalers of building materials, hardware and tools
Key KPIsA metric the company considers important as a management benchmark.
- Number of manufacturer-facing solution implementations197 projects+20.1%
- Annual active users6,500 10,000 people scale
- Recurring revenue ratio81.4 %
- Number of companies using Eagle Eye solutions180 companies
Segment results
Manufacturer-facing solutions
Net Sales269 Millions of yen
Year on year against the same period last year+15.4%
Retail-facing solutions
Net Sales108 Millions of yen
Year on year against the same period last year+50.0%
Retail media and other
Net Sales62 Millions of yen
Year on year against the same period last year-6.4%
Spot-based services
Net Sales50 Millions of yen
Year on year against the same period last year-40.3%
Medium-term management plan targets
Target fiscal yearFiscal year ending March 2029
Net Sales¥3 billion plus
Operating profit¥300–400 million
Operating profit margin10%
M&A investment amount¥1 billion or more
Shareholder ReturnsLaunch of shareholder returns during the medium-term plan period
Financial targets
Operating margin of 10% (target for the fiscal year ending March 2029)Market Size / Share
Domestic Retail Sales Value¥42.9 trillion (4 business categories)
Managed Retail DataApproximately ¥10.0 trillion
Annual Active ID-POS Data CountApproximately 65 million
Market shareLeading market share in ID-POS data analytics (figure Not disclosed)
Number of employees
97 People
As of31 March 2026
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | 490 Millions of yen (YoY +7.3%) |
| Operating profit | 19 Millions of yen (YoY -38.7%) |
| Ordinary income | ¥16 million (profit before tax) (YoY -50.0%) |
| Net income | 14 Millions of yen (YoY -50.0%) |
| Gross Profit Margin | 53.3 % |
| Operating profit margin | 4 % |
| Selling, general and administrative expenses | 241 Millions of yen |
| Results for the three months of the current quarter | Net Sales 490 Millions of yen / Gross profit 261 Millions of yen / Operating profit 19 Millions of yen / Profit before tax 16 Millions of yen / Net income 14 Millions of yen |
| Full-year earnings forecast | Net Sales 2,200 Millions of yen / Gross profit 1,122 Millions of yen / Operating profit 80 Millions of yen / Profit before tax 78 Millions of yen / Net income 63 Millions of yen |
| Progress against full-year forecast | Net Sales 44.6 / Operating profit 40 |
| Segment results | Manufacturer-facing solutions Net Sales 269 Millions of yen / yoy_pct 15.4 Millions of yen / Retail-facing solutions Net Sales 108 Millions of yen / yoy_pct 50 Millions of yen / Retail media and other Net Sales 62 Millions of yen / yoy_pct -6.4 Millions of yen / Spot-based services Net Sales 50 Millions of yen / yoy_pct -40.3 Millions of yen |
| Key KPIs | Number of manufacturer-facing solution implementations 197 projects (YoY +20.1%), Annual active users 6,500 10,000 people scale, Recurring revenue ratio 81.4 %, Number of companies using Eagle Eye solutions 180 companies |
| Number of employees | 97 People |
| Assumptions Underlying the Business Outlook | Existing large-scale projects are expected to remain at maintenance-to-run-rate levels (in line). Upfront investments associated with building an ecosystem with AI startups and other factors may temporarily lower the gross profit margin during the interim period of the medium-term plan. Numerical assumptions for foreign exchange rates, raw material prices and other factors were Not disclosed. |
| Medium-term management plan targets | Target fiscal year Fiscal year ending March 2029 / Net Sales ¥3 billion plus / Operating profit ¥300–400 million / Operating profit margin 10% / M&A investment amount ¥1 billion or more / Shareholder Returns Launch of shareholder returns during the medium-term plan period |
| Financial targets | Operating margin of 10% (target for the fiscal year ending March 2029) |
| Market Size / Share | Domestic Retail Sales Value ¥42.9 trillion (4 business categories) / Managed Retail Data Approximately ¥10.0 trillion / Annual Active ID-POS Data Count Approximately 65 million / Market share Leading market share in ID-POS data analytics (figure Not disclosed) |
| New initiatives | Decision to introduce the SalesSensor AI service for forecasting sales at new stores at ツルハホールディングス, Making 株式会社コスモネット a wholly owned subsidiary (share acquisition consideration: ¥200 million), Plan to deploy Cosmonet's data platform for professional shops to manufacturers and wholesalers of building materials, hardware and tools |
Items this document does not state (11)
Self-assessment against the planBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey 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 secured an operating profit by converting retail revenue to a recurring model, accumulating contracts with manufacturers, and controlling costs. However, revenue recognition of several tens of millions of yen from additional spot development for major retailers was pushed back to the third quarter, while personnel expenses and other costs increased slightly due to base-pay increases.
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.