Worth reading
72In focus
Scored from 4 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
1374
¥ million (year-on-year increase in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Financial Results PresentationThird quarter of the fiscal year ending September 2026 (nine-month cumulative period)8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales9,390 Millions of yen+17.1%
Operating profit1,854 Millions of yen+17.4%
Ordinary income1,857 Millions of yen+15.3%
Net income¥1,361 million +28.7%net income attributable to owners of the parent
Gross Profit Margin86.4 %
Operating profit margin19.7 %
Selling, general and administrative expenses6,258 Millions of yen
Full-year earnings forecast
Net Sales
12,834 Millions of yen
HENNGE One business revenue
12,087 Millions of yen
Professional Services and Other businesses revenue
747 Millions of yen
Operating Expenses
10,777 Millions of yen
Operating profit
2,057 Millions of yen
Ordinary income
2,073 Millions of yen
Net income
¥1,595 million net income attributable to owners of the parent
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 Sales73.2%
HENNGE One business revenue73.4%
Professional Services and Other businesses revenue70.0%
Operating profit90.1%
Ordinary income89.6%
Net income85.4%
Advertising expenses77.2%
Operating expenses excluding advertising expenses69.0%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Other SG&A expenses+¥141 million (recruiting-related expenses, depreciation, travel and transportation expenses, etc.)
Advertising expenses+¥107 million (marketing and branding activities)
Outsourcing and related expenses+¥19 million
Personnel expenses, etc.+¥36 million
Research and development costs-¥64 million
Cost of sales+¥62 million
New initiatives
- Announcement of new HENNGE One features and services (HENNGE Mesh Network, HENNGE Password Manager and HENNGE Domain Protection)
- Launch of HENNGE Endpoint & Managed Security
- HENNGE One plans scheduled to be revamped from October 2026
- Application to change the market classification to the Tokyo Stock Exchange Prime Market
- Exploration of business investments, including M&A
Key KPIsA metric the company considers important as a management benchmark.
- Number of contracted companies3,881 companiesYear on year against the same period last year+18.0%
- Number of contracted users314.9 10,000 peopleYear on year against the same period last year+16.5%
- ARR125.2 Hundreds of millions of yenYear on year against the same period last year+16.7%
- ARPU¥3,975
- Average number of users811 people
- Average monthly churn rate over the latest 12 months0.3 %Year on year against the same period last yearimproved by 0.02 pts year on year
- HENNGE One service uptimeMore than 99.9%
- Number of cloud services integrated with SSO485 Service
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Number of contracted users3.149 million users
ARPU¥3,975
Average number of users811 users
Number of contracted companies3,881 companies
Segment results
HENNGE One business
Net Sales
8,867 Millions of yen+18.1%
Professional Services and Other businesses
Net Sales
523 Millions of yen+3.2%
Medium-term management plan targets
FY2029Group ARR of ¥20 billion and increased added value of HENNGE One
FY2035-FY2037ARR of ¥100 billion and potential OPM of 50%
Market Size / Share
Number of companies in Japan with 30 or more employees653 companies, 18,667 companies, 44,035 companies and 143,670 companies (by employee size)
Usage rate among companies listed on the Tokyo Stock ExchangeApproximately 20.8%
Number of employees
Number of Employees430 people as of the end of June 2026
Change during the periodNet increase of 40 people from the end of the previous fiscal year
Hiring planAim for a net increase of at least 45 people company-wide
| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | Third quarter of the fiscal year ending September 2026 (nine-month cumulative period) |
| Net Sales | 9,390 Millions of yen (YoY +17.1%) |
| Operating profit | 1,854 Millions of yen (YoY +17.4%) |
| Ordinary income | 1,857 Millions of yen (YoY +15.3%) |
| Net income | ¥1,361 million (net income attributable to owners of the parent) (YoY +28.7%) |
| Gross Profit Margin | 86.4 % |
| Operating profit margin | 19.7 % |
| Selling, general and administrative expenses | 6,258 Millions of yen |
| Full-year earnings forecast | Net Sales 12,834 Millions of yen / HENNGE One business revenue 12,087 Millions of yen / Professional Services and Other businesses revenue 747 Millions of yen / Operating Expenses 10,777 Millions of yen / Operating profit 2,057 Millions of yen / Ordinary income 2,073 Millions of yen / Net income ¥1,595 million (net income attributable to owners of the parent) |
| Progress against full-year forecast | Net Sales 73.2% / HENNGE One business revenue 73.4% / Professional Services and Other businesses revenue 70.0% / Operating profit 90.1% / Ordinary income 89.6% / Net income 85.4% / Advertising expenses 77.2% / Operating expenses excluding advertising expenses 69.0% |
| Segment results | HENNGE One business Net Sales 8,867 Millions of yen (YoY +18.1%) / Professional Services and Other businesses Net Sales 523 Millions of yen (YoY +3.2%) |
| Breakdown of Factors Affecting the Change | Other SG&A expenses +¥141 million (recruiting-related expenses, depreciation, travel and transportation expenses, etc.) / Advertising expenses +¥107 million (marketing and branding activities) / Outsourcing and related expenses +¥19 million / Personnel expenses, etc. +¥36 million / Research and development costs -¥64 million / Cost of sales +¥62 million |
| Key KPIs | Indicator name Number of contracted companies / Value 3,881 companies / Year on year against the same period last year +18.0%, Indicator name Number of contracted users / Value 314.9 10,000 people / Year on year against the same period last year +16.5%, Indicator name ARR / Value 125.2 Hundreds of millions of yen / Year on year against the same period last year +16.7%, Indicator name ARPU / Value ¥3,975 / Year on year against the same period last year Not disclosed, Indicator name Average number of users / Value 811 people / Year on year against the same period last year Not disclosed, Indicator name Average monthly churn rate over the latest 12 months / Value 0.3 % / Year on year against the same period last year improved by 0.02 pts year on year, Indicator name HENNGE One service uptime / Value More than 99.9% / Year on year against the same period last year Not disclosed, Indicator name Number of cloud services integrated with SSO / Value 485 Service / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Number of contracted users 3.149 million users / ARPU ¥3,975 / Average number of users 811 users / Number of contracted companies 3,881 companies |
| Number of employees | Number of Employees 430 people (as of the end of June 2026) / Change during the period Net increase of 40 people from the end of the previous fiscal year / Hiring plan Aim for a net increase of at least 45 people company-wide |
| Medium-term management plan targets | FY2029 Group ARR of ¥20 billion and increased added value of HENNGE One / FY2035-FY2037 ARR of ¥100 billion and potential OPM of 50% |
| Market Size / Share | Number of companies in Japan with 30 or more employees 653 companies, 18,667 companies, 44,035 companies and 143,670 companies (by employee size) / Usage rate among companies listed on the Tokyo Stock Exchange Approximately 20.8% |
| New initiatives | Announcement of new HENNGE One features and services (HENNGE Mesh Network, HENNGE Password Manager and HENNGE Domain Protection), Launch of HENNGE Endpoint & Managed Security, HENNGE One plans scheduled to be revamped from October 2026, Application to change the market classification to the Tokyo Stock Exchange Prime Market, Exploration of business investments, including M&A |
Items this document does not state (12)
Results for the three months of the current quarterSelf-assessment against the planNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual 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 main factor behind the increase in revenue was an 18.1% year-on-year increase in revenue from the HENNGE One business. In addition to growth in the number of contracted companies and contracted users, the company advanced the rollout of new HENNGE One features and services and pursued marketing activities. On the cost side, factors contributing to higher selling, general and administrative expenses included active hiring, marketing and branding activities associated with new product launch events, depreciation related to the planned head office relocation, and increased travel and transportation expenses resulting from more active in-person activities.
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.