Worth reading
78Important
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
1372521
Thousands of yen (year-on-year increase in revenue)Wording
Definitive
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFiscal year ending March 2026, full year15 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥7,593,146 thousand+22.1%
Operating profit¥760,499 thousand+69.2%
Ordinary income¥761,186 thousand
Net income522,016 Thousands of yen +82.4%net income attributable to owners of the parent
Operating profit margin10.0%, up 2.8 percentage points year on year
Full-year earnings forecast
Net Sales
¥8,000,000 thousand
Operating profit
¥850,000 thousand
Ordinary income
¥830,000 thousand
Net income
547,000 Thousands of yen net income attributable to owners of the parent
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。Achievement against the initial targets for the fiscal year ending March 2026: revenue 105.5%, operating profit 126.7%, operating margin 120.4%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue and all profit items exceeded the initial planKey points of the Q&AKey questions raised by investors at the briefing and the company's answers
- Is the strong performance this fiscal year a one-off? It is not a one-off, and the Company plans record-high revenue and profit again next fiscal year
- Why is the first half of next fiscal year expected to be loss-making at the operating level? The timing of revenue recognition differs from the timing of expenses, and investment in human resources will precede revenue generation in the first half
- Why introduce DOE of 3%? To achieve stable dividends that are less affected by fluctuations in earnings
- Increase in short-term borrowings and decline in the equity ratio: The Company secured funds in preparation for large-scale projects and explained that its financial position remains sound
- When will Mobility & DX investments begin contributing to profit? The Company will enter a full-scale recovery phase from the fiscal year ending March 2027
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in gross profit from the Public segment¥341,077 thousand
- Increase in gross profit from the Mobility & DX segment¥272,043 thousand
- Increase in company-wide SG&A expenses and other costs¥-302,222 thousand
- Increase in revenue from the Public segment¥693,171 thousand
- Increase in cost of sales for the Public segment¥-352,094 thousand
- Increase in SG&A expenses for the Public segment¥-105,831 thousand
- Increase in revenue from the Mobility & DX segment¥680,849 thousand
- Increase in cost of sales for the Mobility & DX segment¥-408,806 thousand
- Increase in SG&A expenses for the Mobility & DX segment¥-175,093 thousand
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Because revenue from contracted projects is concentrated at the fiscal year-end and hiring and investment in the Public business are concentrated in the first half, the Company plans an operating loss for the first half. Numerical assumptions for foreign exchange rates, raw material prices and other factors: not disclosedNew initiatives
- Decision to launch the new 3D modeling software ANIST-Modeler, scheduled for mid-September 2026
- Launch of the digital twin platform DEXIO
- Start of domestic sales of TIER IV's MP series in-vehicle cameras
- Opening of the Akita Office, Osaka Sales Office, Nagasaki DX Lab and AutoDrive Remote Center
- Investment in and business alliance with マップフォー
- Agreement with 名鉄自動車整備 to establish an autonomous vehicle maintenance system
- Introduction of a Shareholder Benefit Program
- Establishment of a management monitoring committee, appointment of a CCO and introduction of the Three Lines Model in response to inappropriate transactions by a subsidiary
Key KPIsA metric the company considers important as a management benchmark.
- Equity ratio61.7 %
- Total backlog of contracted projects¥1,024,498 thousandYear on year against the same period last year+583.7%
- Number of locations nationwide, including group companies18 Location
- Regions participating in autonomous driving implementation projects26 Region
- Development investment¥628,000,000Year on year against the same period last yearUp ¥76,000,000 year on year
Segment results
- Public sectorNet Sales¥3,250,458 thousand (YoY +27.1%)Segment profit¥588,174 thousand (YoY +66.7%)
- Mobility & DXNet Sales¥4,332,993 thousand (YoY +18.6%)Segment profit¥537,812 thousand (YoY +22.0%)
Medium-term management plan targets
Target fiscal yearFiscal year ending March 2027
Net Sales¥8 billion
Operating profit¥850 million
Operating Margin10%
ROE8.0%
Dividend per share¥37
DOEApproximately 3%
Consolidated number of employees235 people
Male employees' parental leave100%
Financial targets
ROE
Target8.0%
Equity ratio
Actual results61.7%
Orders received and order backlog
Order backlog¥1,024,498 thousand
Number of stores and locations
There were 18 locations nationwide at fiscal year-end, including group companies. During the fiscal year, the Company opened the Nagasaki DX Lab, Osaka Sales Office, AutoDrive Remote Center and Akita Office. Number of closures: not disclosedNumber of employees
Number of Employees220 People as of 1 April 2026
Changes during the period and hiring planThe Company will continue securing human resources through new graduate and career hiring
Annual Dividend
¥37 per share (year-end dividend). Interim dividend: not disclosedPayout ratio
The Company referred to a payout ratio of 35% under its previous earnings-based policy. It is targeting DOE of approximately 3%Acquisition of treasury shares
The Company stated that share repurchases had been completed. The repurchase amount, number of shares and period were not disclosed| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Fiscal year ending March 2026, full year |
| Net Sales | ¥7,593,146 thousand (YoY +22.1%) |
| Operating profit | ¥760,499 thousand (YoY +69.2%) |
| Ordinary income | ¥761,186 thousand |
| Net income | 522,016 Thousands of yen (net income attributable to owners of the parent) (YoY +82.4%) |
| Operating profit margin | 10.0%, up 2.8 percentage points year on year |
| Full-year earnings forecast | Net Sales ¥8,000,000 thousand / Operating profit ¥850,000 thousand / Ordinary income ¥830,000 thousand / Net income 547,000 Thousands of yen (net income attributable to owners of the parent) |
| Progress against full-year forecast | Achievement against the initial targets for the fiscal year ending March 2026: revenue 105.5%, operating profit 126.7%, operating margin 120.4% |
| Self-assessment against the plan | Revenue and all profit items exceeded the initial plan |
| Segment results | Segment Public sector / Net Sales ¥3,250,458 thousand (YoY +27.1%) / Segment profit ¥588,174 thousand (YoY +66.7%), Segment Mobility & DX / Net Sales ¥4,332,993 thousand (YoY +18.6%) / Segment profit ¥537,812 thousand (YoY +22.0%) |
| Breakdown of Factors Affecting the Change | Increase in gross profit from the Public segment ¥341,077 thousand, Increase in gross profit from the Mobility & DX segment ¥272,043 thousand, Increase in company-wide SG&A expenses and other costs ¥-302,222 thousand, Increase in revenue from the Public segment ¥693,171 thousand, Increase in cost of sales for the Public segment ¥-352,094 thousand, Increase in SG&A expenses for the Public segment ¥-105,831 thousand, Increase in revenue from the Mobility & DX segment ¥680,849 thousand, Increase in cost of sales for the Mobility & DX segment ¥-408,806 thousand, Increase in SG&A expenses for the Mobility & DX segment ¥-175,093 thousand |
| Key KPIs | Equity ratio 61.7 %, Total backlog of contracted projects ¥1,024,498 thousand, Number of locations nationwide, including group companies 18 Location, Regions participating in autonomous driving implementation projects 26 Region, Development investment ¥628,000,000 |
| Number of stores and locations | There were 18 locations nationwide at fiscal year-end, including group companies. During the fiscal year, the Company opened the Nagasaki DX Lab, Osaka Sales Office, AutoDrive Remote Center and Akita Office. Number of closures: not disclosed |
| Number of employees | Number of Employees 220 People (as of 1 April 2026) / Changes during the period and hiring plan The Company will continue securing human resources through new graduate and career hiring |
| Assumptions Underlying the Business Outlook | Because revenue from contracted projects is concentrated at the fiscal year-end and hiring and investment in the Public business are concentrated in the first half, the Company plans an operating loss for the first half. Numerical assumptions for foreign exchange rates, raw material prices and other factors: not disclosed |
| Medium-term management plan targets | Target fiscal year Fiscal year ending March 2027 / Net Sales ¥8 billion / Operating profit ¥850 million / Operating Margin 10% / ROE 8.0% / Dividend per share ¥37 / DOE Approximately 3% / Consolidated number of employees 235 people / Male employees' parental leave 100% |
| Financial targets | ROE Target 8.0% / Actual results Not disclosed / Equity ratio Target Not disclosed / Actual results 61.7% |
| Annual Dividend | ¥37 per share (year-end dividend). Interim dividend: not disclosed |
| Payout ratio | The Company referred to a payout ratio of 35% under its previous earnings-based policy. It is targeting DOE of approximately 3% |
| Acquisition of treasury shares | The Company stated that share repurchases had been completed. The repurchase amount, number of shares and period were not disclosed |
| Orders received and order backlog | Orders received Not disclosed / Order backlog ¥1,024,498 thousand |
| Key points of the Q&A | Is the strong performance this fiscal year a one-off? It is not a one-off, and the Company plans record-high revenue and profit again next fiscal year, Why is the first half of next fiscal year expected to be loss-making at the operating level? The timing of revenue recognition differs from the timing of expenses, and investment in human resources will precede revenue generation in the first half, Why introduce DOE of 3%? To achieve stable dividends that are less affected by fluctuations in earnings, Increase in short-term borrowings and decline in the equity ratio: The Company secured funds in preparation for large-scale projects and explained that its financial position remains sound, When will Mobility & DX investments begin contributing to profit? The Company will enter a full-scale recovery phase from the fiscal year ending March 2027 |
| New initiatives | Decision to launch the new 3D modeling software ANIST-Modeler, scheduled for mid-September 2026, Launch of the digital twin platform DEXIO, Start of domestic sales of TIER IV's MP series in-vehicle cameras, Opening of the Akita Office, Osaka Sales Office, Nagasaki DX Lab and AutoDrive Remote Center, Investment in and business alliance with マップフォー, Agreement with 名鉄自動車整備 to establish an autonomous vehicle maintenance system, Introduction of a Shareholder Benefit Program, Establishment of a management monitoring committee, appointment of a CCO and introduction of the Three Lines Model in response to inappropriate transactions by a subsidiary |
Items this document does not state (7)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterUnit price and quantity metricsRisk amount incorporated into the outlookCapital expendituresMarket Size / Share
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.In the Public segment, revenue increased due to the full-year contribution from the Company's proprietary software and growth in surveying equipment sales. In the Mobility & DX segment, growth in commissioned projects, including autonomous driving implementation services, 3D map creation and autonomous vehicle development, contributed to higher revenue. Operating profit increased as the effects of higher revenue and cost reductions outweighed the increase in SG&A expenses, mainly investment in human resources.
How to read this page
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