Komori
Earnings4479Makuake,Inc.Information and Communications, Services and Others

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending September 2026 (Japanese GAAP) (Non-consolidated)

For the interim period, net sales rose 37.2% year on year and operating profit increased 117.2%, resulting in substantial growth in both revenue and profit. The full-year forecasts were also revised upward, including net sales to ¥5,400 million and operating profit to ¥670–800 million.

Worth reading
57In 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
117.2
Operating profit year-on-year change (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 October 2025–31 March 2026Non-consolidated (standalone)Japanese GAAP
Net Sales2,812¥ millionYear on year +37.2%Progress 52.1%
Operating profit568¥ millionYear on year +117.2%Progress 71.0%
Ordinary income568¥ millionYear on year +116.4%Progress 71.0%
Net income attributable to owners of the parent483¥ millionYear on year +95.4%Progress 69.0%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥37.96
Financial position at period-end
Total assets8,226¥ million
of which net assets 5,900 ¥ millionEquity ratio 71.3%vs. prior year-end -0.9pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+809,587
Investment-24,456
Financials0
Net change+785,131

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥6,754,838 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥5,400 million (YoY +18.0%)
Operating profit670~800
Ordinary income670~800
Net income590~700
Revision to Earnings ForecastNet Sales Not disclosed → ¥5,400 million(+13.4%) / Operating profit Not disclosed → 670~800(67.5~100.0) / Ordinary income Not disclosed → 670~800(66.3~98.5) / Net income Not disclosed → 590~700(66.2~97.2)
Annual Dividend Forecast0 yen and sen → 0 yen and sen(0.0%)
Factors Behind Changes in Business Performance

The company made steady progress in acquiring new high-quality projects, strengthened its support structure for raising average prices through curator support, and expanded use of its advertising placement agency services.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Impairment loss¥20,492 thousand
Breakdown of extraordinary income (loss)Extraordinary income No applicable matters / Extraordinary loss Impairment Losses ¥20,492 thousand
Depreciation and amortization¥102,044 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (対象者:Not disclosed)
Issued Shares at Period-End12,748,700 Shares
Treasury Shares at Period-End227 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 October 2025–31 March 2026
Net Sales¥2,812 million (YoY +37.2%)
Operating profit¥568 million (YoY +117.2%)
Ordinary income¥568 million (YoY +116.4%)
Profit attributable to owners of the parent¥483 million (YoY +95.4%)
Net income per share¥37.96
Equity ratioEnd of the current fiscal period 71.3 / End of previous period 72.2
Total assets¥8,226 million
Net assets¥5,900 million
Cash flows from operating activities¥809,587 thousand
Cash flows from investing activities¥-24,456 thousand
Cash flows from financing activities¥0 thousand
Cash and cash equivalents at end of period¥6,754,838 thousand
Full-year earnings forecastNet Sales ¥5,400 million (YoY +18.0%) / Operating profit 670~800 / Ordinary income 670~800 / Net income 590~700
Revision to Earnings ForecastNet Sales Not disclosed → ¥5,400 million(+13.4%) / Operating profit Not disclosed → 670~800(67.5~100.0) / Ordinary income Not disclosed → 670~800(66.3~98.5) / Net income Not disclosed → 590~700(66.2~97.2)
Annual Dividend Forecast0 yen and sen → 0 yen and sen(0.0%)
Depreciation and amortization¥102,044 thousand
Impairment loss¥20,492 thousand
Breakdown of extraordinary income (loss)Extraordinary income No applicable matters / Extraordinary loss Impairment Losses ¥20,492 thousand
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (対象者:Not disclosed)
Issued Shares at Period-End12,748,700 Shares
Treasury Shares at Period-End227 Shares
Factors Behind Changes in Business PerformanceThe company made steady progress in acquiring new high-quality projects, strengthened its support structure for raising average prices through curator support, and expanded use of its advertising placement agency services.
Items this document does not state (9)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogChanges in the scope of consolidationMaterial subsequent events

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 made steady progress in acquiring new high-quality projects, while use of its advertising placement agency services expanded against a backdrop of higher average prices supported by curators. Regarding the revision to the full-year forecasts, projects in the home appliances and gadgets category and related services performed well, while the effect of higher revenue and stringent cost management pushed up profit.

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.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending September 2026 (Japanese GAAP) (Non-consolidated) | Makuake,Inc. (4479) timely disclosure | Komori