Worth reading
64In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
50.6
Year-on-year change in operating income (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ending December 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,393 million+17.5%
Operating profit¥362 million+50.6%
Ordinary income¥382 million+82.1%
Net income¥261 million+61.2%
Gross Profit Margin68.1 %
Operating profit margin26 %
Selling, general and administrative expenses¥586 million
Results for the three months of the current quarter
Net Sales
¥1,393 million
Gross profit
¥949 million
Operating profit
¥362 million
Ordinary income
¥382 million
Profit attributable to owners of parent for the quarter
¥261 million
Full-year earnings forecast
Net Sales
¥6,000 million
Operating profit
¥1,200 million
Ordinary income
¥1,200 million
Profit attributable to owners of the parent
¥865 million
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 Sales23.2%
Operating profit30.2%
Ordinary income31.9%
Profit attributable to owners of the parent30.3%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress in line with planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in recurring revenue driven by growth in each product
- WafCharm usage-based revenue on an upward trend due to increased traffic accompanying the spread of AI
- Vulnerability assessment revenue reached a record high since listing
- Lower personnel expenses because the special year-end bonus recorded in the previous fiscal year was not incurred in the current quarter
- Lower communication costs resulting from infrastructure cost optimization
The company identifies the factors but does not state the amount attributable to each one.
New initiatives
- Establishment of the AI Trust Board to drive the AI strategy
- Launch of the IRDF option service, a new CloudFastener service
- Cloud security training for government officials and others in ASEAN countries through a Ministry of Internal Affairs and Communications program
- Obtaining AWS Security Incident Response Ready Partner certification
Key KPIsA metric the company considers important as a management benchmark.
- ARR (annual recurring revenue)¥5,194 millionYear on year against the same period last year+16.2%
- Number of customer companies1,007 companies
- Number of users1,303 users
- Number of customers with ARR of at least ¥10 million48 companies
- Total annual attacks defended20 Over 100 million cases
- Monthly security alerts per company600 10,000 cases or more
Medium-term management plan targets
Target fiscal year2030
Net Sales
¥20,000 million
Operating profit
¥4,000 million
TargetThe No. 1 position in application security
Market Size / Share
Domestic revenue share1st place
Number of countries providing AWS WAF Managed Rules to usersMore than 100 countries
Number of employees
Number of Employees179 people
Change during the period4 more than at the end of 2025
Hiring planAccepting new graduates in April 2026 and continuing recruitment
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥1,393 million (YoY +17.5%) |
| Operating profit | ¥362 million (YoY +50.6%) |
| Ordinary income | ¥382 million (YoY +82.1%) |
| Net income | ¥261 million (YoY +61.2%) |
| Gross Profit Margin | 68.1 % |
| Operating profit margin | 26 % |
| Selling, general and administrative expenses | ¥586 million |
| Results for the three months of the current quarter | Net Sales ¥1,393 million / Gross profit ¥949 million / Operating profit ¥362 million / Ordinary income ¥382 million / Profit attributable to owners of parent for the quarter ¥261 million |
| Full-year earnings forecast | Net Sales ¥6,000 million / Operating profit ¥1,200 million / Ordinary income ¥1,200 million / Profit attributable to owners of the parent ¥865 million |
| Progress against full-year forecast | Net Sales 23.2% / Operating profit 30.2% / Ordinary income 31.9% / Profit attributable to owners of the parent 30.3% |
| Self-assessment against the plan | Progress in line with plan |
| Breakdown of Factors Affecting the Change | Factors Increase in recurring revenue driven by growth in each product / Amount Not disclosed, Factors WafCharm usage-based revenue on an upward trend due to increased traffic accompanying the spread of AI / Amount Not disclosed, Factors Vulnerability assessment revenue reached a record high since listing / Amount Not disclosed, Factors Lower personnel expenses because the special year-end bonus recorded in the previous fiscal year was not incurred in the current quarter / Amount Not disclosed, Factors Lower communication costs resulting from infrastructure cost optimization / Amount Not disclosed |
| Key KPIs | Indicator name ARR (annual recurring revenue) / Value ¥5,194 million / Year on year against the same period last year +16.2%, Indicator name Number of customer companies / Value 1,007 companies / Year on year against the same period last year Not disclosed, Indicator name Number of users / Value 1,303 users / Year on year against the same period last year Not disclosed, Indicator name Number of customers with ARR of at least ¥10 million / Value 48 companies / Year on year against the same period last year Not disclosed, Indicator name Total annual attacks defended / Value 20 Over 100 million cases / Year on year against the same period last year Not disclosed, Indicator name Monthly security alerts per company / Value 600 10,000 cases or more / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees 179 people / Change during the period 4 more than at the end of 2025 / Hiring plan Accepting new graduates in April 2026 and continuing recruitment |
| Medium-term management plan targets | Target fiscal year 2030 / Net Sales ¥20,000 million / Operating profit ¥4,000 million / Target The No. 1 position in application security |
| Market Size / Share | Domestic revenue share 1st place / Number of countries providing AWS WAF Managed Rules to users More than 100 countries |
| New initiatives | Establishment of the AI Trust Board to drive the AI strategy, Launch of the IRDF option service, a new CloudFastener service, Cloud security training for government officials and others in ASEAN countries through a Ministry of Internal Affairs and Communications program, Obtaining AWS Security Incident Response Ready Partner certification |
Items this document does not state (12)
Segment resultsUnit price and quantity metricsNumber 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 company attributed the increase in revenue to growth in recurring revenue driven by the expansion of each product, higher usage-based revenue from WafCharm due to increased traffic accompanying the spread of AI, and growth in vulnerability assessment revenue. On the earnings side, the company cited the absence of the special year-end bonus recorded in the previous fiscal year and lower communication costs resulting from infrastructure cost optimization.
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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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.