Worth reading
64In 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
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter of the fiscal year ending September 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,812 million+37.2%
Operating profit¥568 million+117.2%
Ordinary income¥568 million+116.4%
Net income¥483 million+95.4%
Selling, general and administrative expenses¥754 million
Gross Profit Margin73.3%, down 2.6 percentage points year on year
Operating profit margin20.2% (not a rate calculated from cumulative revenue of ¥2,812 million and operating profit of ¥568 million, but 17.4% for the second quarter alone based on the quarterly trend for the fiscal year ending September 2026), up 2.3 percentage points year on year
Results for the three months of the current quarter
Transaction volume
¥5,107 million+22.5%
Net Sales
¥1,349 million+26.1%
Gross profit
¥988 million+21.7%
Operating profit
¥234 million+45.3%
Ordinary income
¥234 million+44.7%
Net income
¥193 million+35.0%
Full-year earnings forecast
Transaction volume
¥20,700 million
Net Sales
¥5,400 million
Operating profit
670〜800
Ordinary income
670〜800
Net income for the current fiscal year
590〜700
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。
Transaction volume61.0%
Net Sales59.1%
Operating profit142.1%
Net income for the current fiscal year136.3%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Top-line performance was strong, and profit substantially exceeded the planNew initiatives
- Began rolling out Makuake corners at 2 stores in the Tokyo metropolitan area in partnership with Nojima
- Investment in the data infrastructure
- Investment in new Makuake functions and services
- Investment in strengthening the brand
- Strengthening organizational capabilities and hiring personnel for new businesses and initiatives
- Investment in enhanced security
Key KPIsA metric the company considers important as a management benchmark.
- Number of active projects during the month1,005 EngagementsYear on year against the same period last year+2.8%
- Monthly project value¥163 10,000Year on year against the same period last year+17.8%
- Number of projects launched1,224 EngagementsYear on year against the same period last year△0.8%
- Repeat rate among project creators59.3 %Year on year against the same period last yeardown 2.4 percentage points year on year
- Repeat backer purchase rate70.7 %Year on year against the same period last yeardown 2.6 percentage points year on year
- Access unique users10,198,495 peopleYear on year against the same period last year+28.4%
- Membership3,448,294 peopleYear on year against the same period last year+12.1%
- Number of supporter purchases299,206 EngagementsYear on year against the same period last year+9.2%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Number of active projects during the month
1,005 Engagements+2.8%
Monthly project value
¥163 10,000+17.8%
Monthly backer purchase amount
¥1,590 million+21.1%
Medium-term management plan targets
Period CoveredFiscal years ending September 2025 to September 2027
Net Sales
¥5,200 million
Operating profit
¥700 million
TreatmentScheduled to be revised based on the full-year results for the fiscal year ending September 2026
Number of employees
Number of Employees158 people
Annual Dividend
The timing of dividend payments has not been determined as of this point| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending September 2026 |
| Net Sales | ¥2,812 million (YoY +37.2%) |
| Operating profit | ¥568 million (YoY +117.2%) |
| Ordinary income | ¥568 million (YoY +116.4%) |
| Net income | ¥483 million (YoY +95.4%) |
| Gross Profit Margin | 73.3%, down 2.6 percentage points year on year |
| Operating profit margin | 20.2% (not a rate calculated from cumulative revenue of ¥2,812 million and operating profit of ¥568 million, but 17.4% for the second quarter alone based on the quarterly trend for the fiscal year ending September 2026), up 2.3 percentage points year on year |
| Selling, general and administrative expenses | ¥754 million |
| Results for the three months of the current quarter | Transaction volume ¥5,107 million (YoY +22.5%) / Net Sales ¥1,349 million (YoY +26.1%) / Gross profit ¥988 million (YoY +21.7%) / Operating profit ¥234 million (YoY +45.3%) / Ordinary income ¥234 million (YoY +44.7%) / Net income ¥193 million (YoY +35.0%) |
| Full-year earnings forecast | Transaction volume ¥20,700 million / Net Sales ¥5,400 million / Operating profit 670〜800 / Ordinary income 670〜800 / Net income for the current fiscal year 590〜700 |
| Progress against full-year forecast | Transaction volume 61.0% / Net Sales 59.1% / Operating profit 142.1% / Net income for the current fiscal year 136.3% |
| Self-assessment against the plan | Top-line performance was strong, and profit substantially exceeded the plan |
| Key KPIs | Indicator name Number of active projects during the month / Value 1,005 Engagements / Year on year against the same period last year +2.8%, Indicator name Monthly project value / Value ¥163 10,000 / Year on year against the same period last year +17.8%, Indicator name Number of projects launched / Value 1,224 Engagements / Year on year against the same period last year △0.8%, Indicator name Repeat rate among project creators / Value 59.3 % / Year on year against the same period last year down 2.4 percentage points year on year, Indicator name Repeat backer purchase rate / Value 70.7 % / Year on year against the same period last year down 2.6 percentage points year on year, Indicator name Access unique users / Value 10,198,495 people / Year on year against the same period last year +28.4%, Indicator name Membership / Value 3,448,294 people / Year on year against the same period last year +12.1%, Indicator name Number of supporter purchases / Value 299,206 Engagements / Year on year against the same period last year +9.2% |
| Unit price and quantity metrics | Number of active projects during the month 1,005 Engagements (YoY +2.8%) / Monthly project value ¥163 10,000 (YoY +17.8%) / Monthly backer purchase amount ¥1,590 million (YoY +21.1%) |
| Number of employees | Number of Employees 158 people |
| Medium-term management plan targets | Period Covered Fiscal years ending September 2025 to September 2027 / Net Sales ¥5,200 million / Operating profit ¥700 million / Treatment Scheduled to be revised based on the full-year results for the fiscal year ending September 2026 |
| Annual Dividend | The timing of dividend payments has not been determined as of this point |
| New initiatives | Began rolling out Makuake corners at 2 stores in the Tokyo metropolitan area in partnership with Nojima, Investment in the data infrastructure, Investment in new Makuake functions and services, Investment in strengthening the brand, Strengthening organizational capabilities and hiring personnel for new businesses and initiatives, Investment in enhanced security |
Items this document does not state (12)
Segment resultsBreakdown of Factors Affecting the ChangeNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsPayout 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.Large-scale projects, mainly involving consumer electronics and gadgets, drove growth, while monthly project fees continued to increase and the company continued to acquire new projects at a strong pace.
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.