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Financial results presentation4496Commerce One Holdings Inc.Information and Communications, Services and Others

Earnings Presentation Materials for the First Quarter of the Fiscal Year Ending March 2027

In the first quarter of the fiscal year ending March 2027, revenue increased, while operating income and net income declined due to increased investment in AI development, higher personnel expenses and payment processing fees, and the postponement of major projects. The newly consolidated AttendMe lifted revenue, but not enough to offset the decline in operating income.

Worth reading
67In focus
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-33793
Thousands of yen (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 March 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥976,642 thousand+7.2%
Operating profit¥96,993 thousand-25.8%
Ordinary income¥105,922 thousand-34.6%
Net income¥64,270 thousand -30.9%net income attributable to owners of the parent
Operating profit margin9.9 %
Results for the three months of the current quarterConsolidated revenue of ¥976.642 million, operating income of ¥96.993 million, ordinary income of ¥105.922 million, and quarterly net income attributable to owners of the parent of ¥64.270 million (all for the first quarter alone)
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Gross profit decline¥-24,346 thousand
  • Increase in commissions paid¥-9,780 thousand
  • Increase in personnel-related expenses¥-8,071 thousand
  • New consolidation of AttendMe-3,435 Thousands of yen impact on operating income
  • Decrease in other SG&A expenses¥11,839 thousand
  • Decrease in non-operating income¥-22,431 thousand
  • Decrease in non-operating expenses¥231 thousand
New initiatives
  • Launch of the CRM and email marketing feature 『future Scenario Cast』
  • Launch of the EC order analysis SaaS 『CoBA』
  • Launch of 『OneCredit Card Payment』
  • Revision of the basic fees for futureshop (for usage from 1 August 2026)
  • Expansion of features including AI search, AI analytics and AI-generated content
  • Promotion of an environmental energy business using biochar and biohydrogen
Key KPIsA metric the company considers important as a management benchmark.
  • GMV¥555 100 million
    Year-on-year (%)5.4
  • GMV per store¥20,436 thousand
    Year-on-year (%)7.9
  • Number of contracts at the end of June2,714 Engagements
    Year-on-year (%)-0.6
  • ARPU¥89,490
    Year-on-year (%)5.8
  • Average churn rate0.65 %
  • Cumulative transaction volume¥799,100 thousand
    Year-on-year (%)90
  • Average yield on OneCredit5〜6.5
  • Q1 maintenance hours for 「通販する蔵」8,012 Time
    Year-on-year (%)22.58
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Number of contracts at the end of June2,714 Engagements
    Year-on-year (%)-0.6
  • ARPU¥89,490
    Year-on-year (%)5.8
  • GMV per store¥20,436 thousand
    Year-on-year (%)7.9
Segment results
  • FutureShop e-commerce platform
    Net Sales¥720 million
    Revenue_yoy_pct3.2
    Operating profit¥170 million
    Operating profit_yoy_pct-14.8
    Operating profit margin23.7%
  • ソフテル
    Net Sales¥200 million
    Revenue_yoy_pct-4.9
    Operating profit¥2 million
    Operating profit_yoy_pct-84.6
    Operating profit margin1.3%
  • 既読
    Actual resultsHigher revenue and profits
  • AttendMe
    Actual resultsRevenue increased due to newly consolidated operations, while profit declined
  • TradeSafe
    Actual resultsMonetization of OneCredit expanded; excluding special demand, revenue increased approximately 180% year on year, while transaction volume increased 90% compared with the cumulative figure for the same period of the previous year
Market Size / Share
  • Advance purchase contracts in the CDR market$137 100 million
  • Sustainable CDR retirements in 2025Less than 200,000
Acquisition of treasury shares
Reference to share repurchases; the repurchase authorization amount, number of shares and period are Not disclosed
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales¥976,642 thousand (YoY +7.2%)
Operating profit¥96,993 thousand (YoY -25.8%)
Ordinary income¥105,922 thousand (YoY -34.6%)
Net income¥64,270 thousand (net income attributable to owners of the parent) (YoY -30.9%)
Operating profit margin9.9 %
Results for the three months of the current quarterConsolidated revenue of ¥976.642 million, operating income of ¥96.993 million, ordinary income of ¥105.922 million, and quarterly net income attributable to owners of the parent of ¥64.270 million (all for the first quarter alone)
Segment resultsSegment FutureShop e-commerce platform / Net Sales ¥720 million / Revenue_yoy_pct 3.2 / Operating profit ¥170 million / Operating profit_yoy_pct -14.8 / Operating profit margin 23.7%, Segment ソフテル / Net Sales ¥200 million / Revenue_yoy_pct -4.9 / Operating profit ¥2 million / Operating profit_yoy_pct -84.6 / Operating profit margin 1.3%, Segment 既読 / Actual results Higher revenue and profits / Figures Not disclosed, Segment AttendMe / Actual results Revenue increased due to newly consolidated operations, while profit declined / Figures Not disclosed, Segment TradeSafe / Actual results Monetization of OneCredit expanded; excluding special demand, revenue increased approximately 180% year on year, while transaction volume increased 90% compared with the cumulative figure for the same period of the previous year / Figures Not disclosed
Breakdown of Factors Affecting the ChangeFactors Gross profit decline / Amount ¥-24,346 thousand, Factors Increase in commissions paid / Amount ¥-9,780 thousand, Factors Increase in personnel-related expenses / Amount ¥-8,071 thousand, Factors New consolidation of AttendMe / Amount -3,435 Thousands of yen (impact on operating income), Factors Decrease in other SG&A expenses / Amount ¥11,839 thousand, Factors Decrease in non-operating income / Amount ¥-22,431 thousand, Factors Decrease in non-operating expenses / Amount ¥231 thousand
Key KPIsIndicator name GMV / Value ¥555 100 million / Year-on-year (%) ¥5.4 100 million, Indicator name GMV per store / Value ¥20,436 thousand / Year-on-year (%) ¥7.9 thousand, Indicator name Number of contracts at the end of June / Value 2,714 Engagements / Year-on-year (%) -0.6 Engagements, Indicator name ARPU / Value ¥89,490 / Year-on-year (%) ¥5.8, Indicator name Average churn rate / Value 0.65 % / Year on year against the same period last year Not disclosed, Indicator name Cumulative transaction volume / Value ¥799,100 thousand / Year-on-year (%) ¥90 thousand, Indicator name Average yield on OneCredit / Value 5〜6.5 / Year on year against the same period last year Not disclosed, Indicator name Q1 maintenance hours for 「通販する蔵」 / Value 8,012 Time / Year-on-year (%) 22.58 Time
Unit price and quantity metricsIndicator name Number of contracts at the end of June / Value 2,714 Engagements / Year-on-year (%) -0.6 Engagements, Indicator name ARPU / Value ¥89,490 / Year-on-year (%) ¥5.8, Indicator name GMV per store / Value ¥20,436 thousand / Year-on-year (%) ¥7.9 thousand
Acquisition of treasury sharesReference to share repurchases; the repurchase authorization amount, number of shares and period are Not disclosed
Market Size / ShareItem Advance purchase contracts in the CDR market / Value $137 100 million, Item Sustainable CDR retirements in 2025 / Value Less than 200,000
New initiativesLaunch of the CRM and email marketing feature 『future Scenario Cast』, Launch of the EC order analysis SaaS 『CoBA』, Launch of 『OneCredit Card Payment』, Revision of the basic fees for futureshop (for usage from 1 August 2026), Expansion of features including AI search, AI analytics and AI-generated content, Promotion of an environmental energy business using biochar and biohydrogen
Items this document does not state (16)
Gross Profit MarginSelling, general and administrative expensesFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioCapital 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.

At フューチャーショップ, costs increased as investment in various development projects expanded. At ソフテル, major projects were postponed, engineer costs increased as maintenance hours grew, and AI service usage fees rose. Overall, a ¥24.346 million decline in gross profit, a ¥8.071 million increase in personnel-related expenses, and a ¥9.780 million increase in payment processing fees weighed on profit, while other selling, general and administrative expenses decreased by ¥11.839 million. Net income also declined due to lower foreign exchange gains.

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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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Earnings Presentation Materials for the First Quarter of the Fiscal Year Ending March 2027 | Commerce One Holdings Inc. (4496) timely disclosure | Komori