Komori
Financial results presentation4422VALUENEX Japan Inc.Information and Communications, Services and Others

Supplementary Materials for the Second-Quarter Results for the Fiscal Year Ending July 2026

For the six months ended January 2026, revenue increased and the company returned to operating profitability due to higher consulting revenue and cost reductions. Meanwhile, the full-year earnings forecast was changed to undecided because the impact of tariffs imposed by the Trump administration and international conditions remains unclear.

Worth reading
47Recurring
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
188
Millions of yen (year-on-year improvement in operating income (loss))
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Supplementary materials to the earnings reportSecond quarter of the fiscal year ending July 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥423 million+64.6%
Operating profit¥61 million
Ordinary income¥64 million
Net income¥64 million
Selling, general and administrative expenses¥261 million
Gross Profit Margin
Rate76.5%
Year on year against the same period last year▼0.6 percentage points
Operating profit margin
Rate14.6%
Year on year against the same period last year+63.8ポイント
Results for the three months of the current quarter
By service
Net Sales
¥240 million+90.9%
Consulting
¥150 million+275.3%
ASP
¥87 million+5.2%
Regional breakdown
Consolidated
¥240 million+90.9%
US
¥48 million+134.3%
JP
¥191 million+82.4%
Full-year earnings forecast未定（売上高・営業利益・経常利益・親会社株主に帰属する当期純利益）
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Revenue Growth¥166 million
  • Decrease in SG&A expenses due to transfers to consulting costs and other factors¥40 million
  • 売上増加に伴うコンサルティング原価の増加¥-39 million
  • 2Q採用人数の減少（前期3名、当期0名）¥5 million
  • Reclassification to software assets¥18 million
New initiatives
  • 新サービスRadar Tech Intelligenceの正式提供開始
  • LLMを活用した新サービスの開発企画
  • Radar Tech Intelligence、Radar QFD、VALUENEX Radarの改良
  • 防衛省航空自衛隊の技術情報収集・解析業務の受注
  • グローバル・インターンシップ・プロジェクトのインターン採用
Key KPIsA metric the company considers important as a management benchmark.
  • 実績＋期末受注残／前年通期売上98 %
  • Equity ratio86 %
  • Number of customer companies and organizations365 Companies and organizations
  • Number of customer industries26 Industry
  • スタンフォード大学インターン応募実績1,000 participants
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Unit price
  • Number of customer companies
Segment results
By service
Consulting
¥150 million+275.3%
ASP
¥87 million+5.2%
Total
¥240 million+90.9%
Regional breakdown
US
¥48 million+134.3%
JP
¥191 million+82.4%
Consolidated
¥240 million+90.9%
Financial targets
Equity ratio
Actual results86 %
Other無借金経営を維持
Orders received and order backlog
Order backlog at period-end
当期1Q¥344 million
当期2Q¥305 million
当期売上計上予定分
当期1Q¥320 million
当期2Q¥251 million
Number of employees
Number of Employees連結34名、単体29名
As of31 January 2026
Changes during the period and hiring planインターンを正社員として採用
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings report
Fiscal Period CoveredSecond quarter of the fiscal year ending July 2026
Net Sales¥423 million (YoY +64.6%)
Operating profit¥61 million
Ordinary income¥64 million
Net income¥64 million
Gross Profit MarginRate 76.5% / Year on year against the same period last year ▼0.6 percentage points
Operating profit marginRate 14.6% / Year on year against the same period last year +63.8ポイント
Selling, general and administrative expenses¥261 million
Results for the three months of the current quarterBy service Net Sales ¥240 million (YoY +90.9%) / Consulting ¥150 million (YoY +275.3%) / ASP ¥87 million (YoY +5.2%) / Regional breakdown Consolidated ¥240 million (YoY +90.9%) / US ¥48 million (YoY +134.3%) / JP ¥191 million (YoY +82.4%)
Full-year earnings forecast未定（売上高・営業利益・経常利益・親会社株主に帰属する当期純利益）
Segment resultsBy service Consulting ¥150 million (YoY +275.3%) / ASP ¥87 million (YoY +5.2%) / Total ¥240 million (YoY +90.9%) / Regional breakdown US ¥48 million (YoY +134.3%) / JP ¥191 million (YoY +82.4%) / Consolidated ¥240 million (YoY +90.9%)
Breakdown of Factors Affecting the ChangeFactors Revenue Growth / Amount ¥166 million, Factors Decrease in SG&A expenses due to transfers to consulting costs and other factors / Amount ¥40 million, Factors 売上増加に伴うコンサルティング原価の増加 / Amount ¥-39 million, Factors 2Q採用人数の減少（前期3名、当期0名） / Amount ¥5 million, Factors Reclassification to software assets / Amount ¥18 million
Key KPIsIndicator name 実績＋期末受注残／前年通期売上 / Value 98 % / Year on year against the same period last year Not disclosed, Indicator name Equity ratio / Value 86 % / Year on year against the same period last year Not disclosed, Indicator name Number of customer companies and organizations / Value 365 Companies and organizations / Year on year against the same period last year Not disclosed, Indicator name Number of customer industries / Value 26 Industry / Year on year against the same period last year Not disclosed, Indicator name スタンフォード大学インターン応募実績 / Value 1,000 participants / Year on year against the same period last year Not disclosed
Unit price and quantity metricsIndicator name Unit price / Value Not disclosed / Year on year against the same period last year Not disclosed, Indicator name Number of customer companies / Value Not disclosed / Year on year against the same period last year Not disclosed
Number of employeesNumber of Employees 連結34名、単体29名 / As of 31 January 2026 / Changes during the period and hiring plan インターンを正社員として採用
Financial targetsEquity ratio Actual results 86 % / Target Not disclosed / Other 無借金経営を維持
Orders received and order backlogOrder backlog at period-end 当期1Q ¥344 million / 当期2Q ¥305 million / 当期売上計上予定分 当期1Q ¥320 million / 当期2Q ¥251 million
New initiatives新サービスRadar Tech Intelligenceの正式提供開始, LLMを活用した新サービスの開発企画, Radar Tech Intelligence、Radar QFD、VALUENEX Radarの改良, 防衛省航空自衛隊の技術情報収集・解析業務の受注, グローバル・インターンシップ・プロジェクトのインターン採用
Items this document does not state (12)
Progress against full-year forecastSelf-assessment against the planNumber 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.

売上増加、特にコンサルティングの好調が増収要因となった。増収に伴う人件費を中心とした販管費から売上原価への振替、コスト削減、ソフトウェア資産への振替も利益改善に寄与した。通期予想を未定とした理由は、トランプ関税や国際情勢などの影響が不透明で、損益の合理的な予測が困難なため。

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.
Supplementary Materials for the Second-Quarter Results for the Fiscal Year Ending July 2026 | VALUENEX Japan Inc. (4422) timely disclosure | Komori