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Earnings presentation4479Makuake,Inc.Information and Communications, Services and Others

Financial Results Presentation Materials for the Fiscal Year Ending September 2026

For the fiscal year ended September 2026, transaction volume, revenue and profit all exceeded the previous fiscal year, with revenue and operating profit reaching the targets for the fiscal year ending September 2027 under the medium-term management plan one year ahead of schedule. For the fiscal year ending September 2027, the company presented earnings forecasts in a range format and growth initiatives, taking into account upfront investments and changes in the business environment.

Worth reading
53Recurring
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
1366
¥ million (year-on-year increase in revenue for the fiscal year ended September 2026)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentationFourth quarter and full year of the fiscal year ended September 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥5,944 million+29.9%
Operating profit¥881 million+97.2%
Ordinary income¥888 million+86.9%
Net income¥798 million+96.1%
Selling, general and administrative expenses¥1,050 million fourth quarter of the fiscal year ended September 2026
Gross Profit Margin
Rate70.1% (fourth quarter of the fiscal year ended September 2026)
Year-on-year change (points)Year-on-year change in the rate not disclosed
Operating profit margin
Rate2.4% (fourth quarter of the fiscal year ended September 2026)
Year-on-year change (points)Year-on-year change in the rate not disclosed
Results for the three months of the current quarter
Transaction volume
¥5,965 million+27.8%
Net Sales
¥1,552 million+26.4%
Gross profit
¥1,087 million+20.0%
Operating profit
¥37 million+38.2%
Ordinary income
¥39 million-22.6%
Quarterly net income
¥114 million+432.3%
Full-year earnings forecast
Fiscal year ending September 2027
Transaction volume
23000〜26800
Net Sales
6000〜7000
Operating profit
800〜1000
Ordinary income
800〜1000
Net income for the current fiscal year
670〜840
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Transaction volume, revenue and operating profit all significantly exceeded the initial plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Q4 SG&A expenses, fiscal year ending September 2026
Personnel Expenses¥487 million
Advertising expenses¥217 million
Collection fees and other¥346 million
One-off personnel costs in SG&AApproximately ¥80 million
New initiatives
  • Focus on the number of creators multiplied by transaction volume per creator as the new most important KPI
  • Improvements to the Makuake app
  • Expansion of offline experiences
  • Enhancement of the creator self-service support system
  • Promotion of company-wide use of AI
  • Enhanced security
  • Recruitment and Training
Key KPIsA metric the company considers important as a management benchmark.
  • Number of active projects during the month1,044 Engagements
    Year-on-year (%)-2.9
  • Monthly project value¥183 10,000
    Year-on-year (%)30.2
  • Monthly backing purchase amount¥1,917 million
    Year-on-year (%)26.5
  • Access unique users10,952,052 People
    Year-on-year (%)9.2
  • Membership3,625,434 People
    Year-on-year (%)11.9
  • Number of supporter purchases296,075 Engagements
    Year-on-year (%)-7.2
  • Number of projects launched1,384 Engagements
    Year-on-year (%)-2.7
  • Number of listings launched by repeat creators835 Engagements
    Year-on-year (%)-6.2
  • Repeat rate among project creators60.3 %
    Year-on-year_pt-2.2
  • Backing purchase amount from repeat backers¥4,121 million
    Year-on-year (%)19
  • Repeat backer purchase rate71.7 %
    Year-on-year_pt-4.5
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Number of active projects during the month
1,044 Engagements
Year-on-year (%)-2.9
Monthly project value
¥183 10,000
Year-on-year (%)30.2
Medium-term management plan targets
Target fiscal yearFiscal year ending September 2027
Net Sales¥5.2 billion
Operating profit¥700 million
Actual results
Net Sales¥5.94 billion
Operating profit¥880 million
Number of employees
158 People
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredFourth quarter and full year of the fiscal year ended September 2026
Net Sales¥5,944 million (YoY +29.9%)
Operating profit¥881 million (YoY +97.2%)
Ordinary income¥888 million (YoY +86.9%)
Net income¥798 million (YoY +96.1%)
Gross Profit MarginRate 70.1% (fourth quarter of the fiscal year ended September 2026) / Year-on-year change (points) Year-on-year change in the rate not disclosed
Operating profit marginRate 2.4% (fourth quarter of the fiscal year ended September 2026) / Year-on-year change (points) Year-on-year change in the rate not disclosed
Selling, general and administrative expenses¥1,050 million (fourth quarter of the fiscal year ended September 2026)
Results for the three months of the current quarterTransaction volume ¥5,965 million (YoY +27.8%) / Net Sales ¥1,552 million (YoY +26.4%) / Gross profit ¥1,087 million (YoY +20.0%) / Operating profit ¥37 million (YoY +38.2%) / Ordinary income ¥39 million (YoY -22.6%) / Quarterly net income ¥114 million (YoY +432.3%)
Full-year earnings forecastFiscal year ending September 2027 Transaction volume 23000〜26800 / Net Sales 6000〜7000 / Operating profit 800〜1000 / Ordinary income 800〜1000 / Net income for the current fiscal year 670〜840
Self-assessment against the planTransaction volume, revenue and operating profit all significantly exceeded the initial plan
Breakdown of Factors Affecting the ChangeQ4 SG&A expenses, fiscal year ending September 2026 Personnel Expenses ¥487 million / Advertising expenses ¥217 million / Collection fees and other ¥346 million / One-off personnel costs in SG&A Approximately ¥80 million
Key KPIsIndicator Number of active projects during the month / Value 1,044 Engagements / Year-on-year (%) -2.9 Engagements, Indicator Monthly project value / Value ¥183 10,000 / Year-on-year (%) ¥30.2 10,000, Indicator Monthly backing purchase amount / Value ¥1,917 million / Year-on-year (%) ¥26.5 million, Indicator Access unique users / Value 10,952,052 People / Year-on-year (%) 9.2 People, Indicator Membership / Value 3,625,434 People / Year-on-year (%) 11.9 People, Indicator Number of supporter purchases / Value 296,075 Engagements / Year-on-year (%) -7.2 Engagements, Indicator Number of projects launched / Value 1,384 Engagements / Year-on-year (%) -2.7 Engagements, Indicator Number of listings launched by repeat creators / Value 835 Engagements / Year-on-year (%) -6.2 Engagements, Indicator Repeat rate among project creators / Value 60.3 % / Year-on-year_pt -2.2 %, Indicator Backing purchase amount from repeat backers / Value ¥4,121 million / Year-on-year (%) ¥19 million, Indicator Repeat backer purchase rate / Value 71.7 % / Year-on-year_pt -4.5 %
Unit price and quantity metricsNumber of active projects during the month Value 1,044 Engagements / Year-on-year (%) -2.9 Engagements / Monthly project value Value ¥183 10,000 / Year-on-year (%) ¥30.2 10,000
Number of employeesValue 158 People / Change during the period Not disclosed
Medium-term management plan targetsTarget fiscal year Fiscal year ending September 2027 / Net Sales ¥5.2 billion / Operating profit ¥700 million / Actual results Net Sales ¥5.94 billion / Operating profit ¥880 million
New initiativesFocus on the number of creators multiplied by transaction volume per creator as the new most important KPI, Improvements to the Makuake app, Expansion of offline experiences, Enhancement of the creator self-service support system, Promotion of company-wide use of AI, Enhanced security, Recruitment and Training
Items this document does not state (13)
Progress against full-year forecastSegment resultsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial 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.

Performance grew on strong acquisition in the focused consumer electronics and gadgets categories, higher project unit prices and growth in advertising placement services. During the fiscal year ended September 2026, the company also flexibly controlled upfront investments and one-off personnel expenses.

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.
Financial Results Presentation Materials for the Fiscal Year Ending September 2026 | Makuake,Inc. (4479) timely disclosure | Komori