Worth reading
62In 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
200
¥ million (amount of upward revision to the full-year operating profit forecast)Wording
Definitive
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter (interim period) of the fiscal year ending February 202711 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥32,058 million+114.0%
Operating profit¥2,760 million+133.0%
Ordinary income2,760 Million yen +134.0%ordinary profit, as the company does not use IFRS
Net income¥2,107 million +96.0%interim net income attributable to owners of the parent
Selling, general and administrative expenses¥9,697 million
Gross Profit Margin
Rate38.9
Year-on-year change (points)1.6
Operating profit margin
Rate8.6
Year-on-year change (points)1.2
Full-year earnings forecast
Net Sales
¥66,500 million
Operating profit
¥5,650 million
Ordinary income
¥5,550 million
Profit attributable to owners of the parent
¥3,550 million
Operating profit margin
8.5 %
Annual Dividend
¥52
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 Sales49 %
Operating profit51 %
Ordinary income52 %
Profit attributable to owners of the parent61 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Results came in above the plan revised on 9 JulyBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Relocation and expansion (one-time costs and higher rent)¥-460 million
- Earnings contribution from the gaming subsidiary¥187 million
- Strong performance in the physician placement business¥338 million
- Contribution from the 高橋書店 group¥364 million
- Higher profit from the core business (items not included above)¥184 million
- Improved profitability in businesses subject to upfront investment¥67 million
New initiatives
- Another upward revision to the full-year earnings forecast
- ¥1 increase in the year-end dividend
- Launch of publishing overseas games for the Japanese market in the gaming segment
- Launch of 知財弁理士転職.jp, a job site for intellectual property patent attorneys
- Full-scale rollout of business succession and practice-opening support for medical facilities
- Expansion of the generative AI consulting business
Key KPIsA metric the company considers important as a management benchmark.
- Number of professionals463,000 people
- Number of clients57,000 companies
- Number of group companies34 companies
- Number of employees4,605 people
- Physician and medical student network185,000 people
- Attorney and patent attorney network24,000 people
- Certified public accountant, tax accountant and other professional network78,000 people
Segment results
- Creative (Japan)Net Sales21,048Revenue unit¥ millionYear-on-year sales110Operating profit1,337Operating profit unit¥ millionYear-on-year operating profit100Revenue versus plan49Operating income versus plan44
- Creative (Korea)Net Sales1,612Revenue unit¥ millionYear-on-year sales115Operating profit-24Operating profit unit¥ millionYear-on-year operating profit-¥8 millionRevenue versus plan52
- Medical FieldNet Sales3,983Revenue unit¥ millionYear-on-year sales111Operating profit1,585Operating profit unit¥ millionYear-on-year operating profit127Revenue versus plan62Operating income versus plan92
- Accounting and legalNet Sales1,255Revenue unit¥ millionYear-on-year sales105Operating profit57Operating profit unit¥ millionYear-on-year operating profit105Revenue versus plan50Operating income versus plan38
- CRESNet Sales2,181Revenue unit¥ millionYear-on-year sales531Operating profit-150Operating profit unit¥ millionYear-on-year operating profit+¥375 millionRevenue versus plan27
- OtherNet Sales2,233Revenue unit¥ millionYear-on-year sales87Operating profit-38Operating profit unit¥ millionYear-on-year operating profit−¥36 millionRevenue versus plan44
Medium-term management plan targets
Net Sales
¥100,000 million
Target fiscal yearIn the near future
Financial targets
Equity ratio
Actual results44.3 %
Market Size / Share
Domestic lawyers as a percentage of the lawyer network38 %
Number of employees
Number of Employees4,605 people
Annual Dividend
Annual dividend per share¥52
Interim¥0
End of period¥52
Payout ratio
Rate30 %
NotesBasic policy of maintaining a consolidated payout ratio of around 30%
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending February 2027 |
| Net Sales | ¥32,058 million (YoY +114.0%) |
| Operating profit | ¥2,760 million (YoY +133.0%) |
| Ordinary income | 2,760 Million yen (ordinary profit, as the company does not use IFRS) (YoY +134.0%) |
| Net income | ¥2,107 million (interim net income attributable to owners of the parent) (YoY +96.0%) |
| Gross Profit Margin | Rate 38.9 / Year-on-year change (points) 1.6 |
| Operating profit margin | Rate 8.6 / Year-on-year change (points) 1.2 |
| Selling, general and administrative expenses | ¥9,697 million |
| Full-year earnings forecast | Net Sales ¥66,500 million / Operating profit ¥5,650 million / Ordinary income ¥5,550 million / Profit attributable to owners of the parent ¥3,550 million / Operating profit margin 8.5 % / Annual Dividend ¥52 |
| Progress against full-year forecast | Net Sales 49 % / Operating profit 51 % / Ordinary income 52 % / Profit attributable to owners of the parent 61 % |
| Self-assessment against the plan | Results came in above the plan revised on 9 July |
| Segment results | Segment Creative (Japan) / Net Sales 21,048 / Revenue unit ¥ million / Year-on-year sales 110 / Operating profit 1,337 / Operating profit unit ¥ million / Year-on-year operating profit 100 / Revenue versus plan 49 / Operating income versus plan 44, Segment Creative (Korea) / Net Sales 1,612 / Revenue unit ¥ million / Year-on-year sales 115 / Operating profit -24 / Operating profit unit ¥ million / Year-on-year operating profit -¥8 million / Revenue versus plan 52 / Operating income versus plan Not disclosed, Segment Medical Field / Net Sales 3,983 / Revenue unit ¥ million / Year-on-year sales 111 / Operating profit 1,585 / Operating profit unit ¥ million / Year-on-year operating profit 127 / Revenue versus plan 62 / Operating income versus plan 92, Segment Accounting and legal / Net Sales 1,255 / Revenue unit ¥ million / Year-on-year sales 105 / Operating profit 57 / Operating profit unit ¥ million / Year-on-year operating profit 105 / Revenue versus plan 50 / Operating income versus plan 38, Segment CRES / Net Sales 2,181 / Revenue unit ¥ million / Year-on-year sales 531 / Operating profit -150 / Operating profit unit ¥ million / Year-on-year operating profit +¥375 million / Revenue versus plan 27 / Operating income versus plan Not disclosed, Segment Other / Net Sales 2,233 / Revenue unit ¥ million / Year-on-year sales 87 / Operating profit -38 / Operating profit unit ¥ million / Year-on-year operating profit −¥36 million / Revenue versus plan 44 / Operating income versus plan Not disclosed |
| Breakdown of Factors Affecting the Change | Factors Relocation and expansion (one-time costs and higher rent) / Amount ¥-460 million, Factors Earnings contribution from the gaming subsidiary / Amount ¥187 million, Factors Strong performance in the physician placement business / Amount ¥338 million, Factors Contribution from the 高橋書店 group / Amount ¥364 million, Factors Higher profit from the core business (items not included above) / Amount ¥184 million, Factors Improved profitability in businesses subject to upfront investment / Amount ¥67 million |
| Key KPIs | Indicator name Number of professionals / Value 463,000 people, Indicator name Number of clients / Value 57,000 companies, Indicator name Number of group companies / Value 34 companies, Indicator name Number of employees / Value 4,605 people, Indicator name Physician and medical student network / Value 185,000 people, Indicator name Attorney and patent attorney network / Value 24,000 people, Indicator name Certified public accountant, tax accountant and other professional network / Value 78,000 people |
| Number of employees | Number of Employees 4,605 people / Changes during the period and hiring plan Not disclosed |
| Medium-term management plan targets | Net Sales ¥100,000 million / Comparison with actual results Not disclosed |
| Financial targets | Equity ratio Actual results 44.3 % |
| Annual Dividend | Annual dividend per share ¥52 / Interim ¥0 / End of period ¥52 |
| Payout ratio | Rate 30 % / Notes Basic policy of maintaining a consolidated payout ratio of around 30% |
| Market Size / Share | Domestic lawyers as a percentage of the lawyer network 38 % |
| New initiatives | Another upward revision to the full-year earnings forecast, ¥1 increase in the year-end dividend, Launch of publishing overseas games for the Japanese market in the gaming segment, Launch of 知財弁理士転職.jp, a job site for intellectual property patent attorneys, Full-scale rollout of business succession and practice-opening support for medical facilities, Expansion of the generative AI consulting business |
Items this document does not state (9)
Results for the three months of the current quarterUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition 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.Because results progressed smoothly and the upside against the interim plan revised on 9 July led to another upward revision. The company cited earnings growth in its core business, the earnings contribution of its gaming subsidiary, strong performance in the physician referral business, the contribution of the Takahashi Shoten Group, and improved profitability in its upfront investment business as factors behind the increase in six-month earnings.
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.