Worth reading
52Recurring
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
418
¥ million (year-on-year increase in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentation materialsSecond quarter of the fiscal year ending March 20276 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,303 million+47.3%
Operating profit¥-80 million
Ordinary income¥-84 million
Net income¥-78 million
Gross Profit Margin30
Operating profit margin-6.2
Selling, general and administrative expenses¥470 million
Results for the three months of the current quarterStandalone operating profit for the second quarter was approximately ¥26 million. Standalone recurring revenue was ¥277 million and project-based revenue was ¥403 million. Year on year, recurring revenue increased 5.6% and project-based revenue increased 86.5%.
Full-year earnings forecast
Net Sales
¥3,301 million
EBITDA
¥398 million
Operating profit (loss)
¥183 million
Ordinary profit or loss
¥174 million
Net income attributable to owners of the parent
¥72 million
Net income/loss per share
29.54 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 Sales39.4％
EBITDA5.2％
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Both were within the assumptions underlying the plan.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Impact of the acquisition of アクティブリテック社 as a subsidiary¥58 million
- Decline in total revenue from the other 4 companies¥-33 million
- Higher subcontracting expenses¥-16 million
- Increase in server, communication and other expenses¥-16 million
- Decrease in rent and related expenses¥31 million
- Other changes¥8 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Most orders and revenue recognition are expected from the third quarter onward. Revenue is concentrated in the second half of the fiscal year. Other numerical assumptions are Not disclosed.New initiatives
- Transition to a holding company structure
- Establishment of a proposal structure for sharing customer assets across the group
- Improving operational efficiency through company-wide AI adoption
- Establishment of a holding-company structure to support M&A reviews, investment decisions, capital allocation and post-acquisition integration
- Provision of ActiveStudio
- Expanding the adoption of AI services, including Cogmo Enterprise generative AI
Key KPIsA metric the company considers important as a management benchmark.
- EBITDA¥21 millionYear on year against the same period last year+46.0%Year-on-year comparison unit¥ million increase
- Recurring revenue¥538 millionYear on year against the same period last year+14.0%Year-on-year comparison unit¥ million increase
- Flow revenue¥495 millionYear on year against the same period last year+187.0%Year-on-year comparison unit¥ million increase
- 3D scanner sales revenue¥269 million
- Use of the AI search portal for Kawasaki Heavy Industries4,000 Average uses per month
Number of employees
Number of Employees241 People
Record date1 October 2026
| Item | Details |
|---|---|
| Document type | Earnings presentation materials |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥1,303 million (YoY +47.3%) |
| Operating profit | ¥-80 million |
| Ordinary income | ¥-84 million |
| Net income | ¥-78 million |
| Gross Profit Margin | 30 |
| Operating profit margin | -6.2 |
| Selling, general and administrative expenses | ¥470 million |
| Results for the three months of the current quarter | Standalone operating profit for the second quarter was approximately ¥26 million. Standalone recurring revenue was ¥277 million and project-based revenue was ¥403 million. Year on year, recurring revenue increased 5.6% and project-based revenue increased 86.5%. |
| Full-year earnings forecast | Net Sales ¥3,301 million / EBITDA ¥398 million / Operating profit (loss) ¥183 million / Ordinary profit or loss ¥174 million / Net income attributable to owners of the parent ¥72 million / Net income/loss per share 29.54 yen |
| Progress against full-year forecast | Net Sales 39.4％ / EBITDA 5.2％ |
| Self-assessment against the plan | Both were within the assumptions underlying the plan. |
| Breakdown of Factors Affecting the Change | Factors Impact of the acquisition of アクティブリテック社 as a subsidiary / Amount ¥58 million, Factors Decline in total revenue from the other 4 companies / Amount ¥-33 million, Factors Higher subcontracting expenses / Amount ¥-16 million, Factors Increase in server, communication and other expenses / Amount ¥-16 million, Factors Decrease in rent and related expenses / Amount ¥31 million, Factors Other changes / Amount ¥8 million |
| Key KPIs | Indicator name EBITDA / Value ¥21 million / Year on year against the same period last year ¥46 million / Year-on-year comparison unit ¥ million increase, Indicator name Recurring revenue / Value ¥538 million / Year on year against the same period last year ¥14 million / Year-on-year comparison unit ¥ million increase, Indicator name Flow revenue / Value ¥495 million / Year on year against the same period last year ¥187 million / Year-on-year comparison unit ¥ million increase, Indicator name 3D scanner sales revenue / Value ¥269 million / Year on year against the same period last year Not disclosed, Indicator name Use of the AI search portal for Kawasaki Heavy Industries / Value 4,000 Average uses per month / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees 241 People / Record date 1 October 2026 |
| Assumptions Underlying the Business Outlook | Most orders and revenue recognition are expected from the third quarter onward. Revenue is concentrated in the second half of the fiscal year. Other numerical assumptions are Not disclosed. |
| New initiatives | Transition to a holding company structure, Establishment of a proposal structure for sharing customer assets across the group, Improving operational efficiency through company-wide AI adoption, Establishment of a holding-company structure to support M&A reviews, investment decisions, capital allocation and post-acquisition integration, Provision of ActiveStudio, Expanding the adoption of AI services, including Cogmo Enterprise generative AI |
Items this document does not state (13)
Segment resultsUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital 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.The increase in revenue was driven by the ¥269 million in 3D scanner sales revenue added through the acquisition of アクティブリテック社 as a subsidiary. The narrowing of the operating loss was primarily attributable to its contribution to profits, although revenue declined at the other 4 companies and outsourcing, server and communications costs, among others, increased.
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.
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