Profit constrained by low margins on large projects and higher personnel costs for new graduates

「Selling, general and administrative expenses increased substantially to ¥1.263 billion, up 22.6%, due to investments related to strengthening the foundation for corporate governance and reforming the working environment, costs associated with the acquisition of ブルースモービル社, other unplanned investments, and investments in AI. As a result, operating profit was ¥2.024 billion, down 6.0%.」

「Selling, general and administrative expenses increased, as did cost of sales, which includes personnel expenses for operating employees, owing to the major investments announced on 7 August 2025 in the restructuring of the corporate governance framework, strengthening of the management foundation, and reform of the working environment. At the same time, the Company maintained its earnings power by expanding fee-based services providing high added value and promoting in-house production within the Group. Overall, business remained solid relative to the full-year plan. As a result, revenue for the six months ended in the current interim consolidated accounting period was ¥10.201 billion, up 15.8% year on year, and operating profit was ¥1.201 billion, up 10.1%.」

「Gross profit was ¥3.183 billion, up 8.3% year on year, as the Company maintained high earnings power through the expansion of fee-based services providing high added value and increased in-house production within the Group.」

「Although revenue and profit declined year on year due to the反動 from the large-scale exhibition held in the previous fiscal year, the Company maintained high profitability through fee-based services providing high added value and in-house production within the Group. Operating profit and ordinary profit have progressed in line with the earnings forecast announced on 8 August 2024.」

「Gross profit was ¥2.939 billion, up 54.6% year on year, owing mainly to an increase in fee-based services providing high added value.」

「As a result, revenue for the six months ended in the second quarter of the current fiscal year was ¥9.563 billion, up 49.6% year on year; operating profit was ¥1.333 billion, up 100.8%; ordinary profit was ¥1.348 billion, up 98.9%; and profit attributable to owners of the parent was ¥893 million, up 4,993.7%.」

「Gross profit was ¥1.9 billion, up 9.6% year on year, owing mainly to an increase in fee-based services providing high added value. Selling, general and administrative expenses were ¥750 million, down 11.8%, mainly due to lower executive compensation. As a result, operating profit was ¥1.15 billion, up 30.2%.」

「Operating income, ordinary income, and net income attributable to owners of the parent for the fiscal year under review exceeded the previous consolidated fiscal year, as the Group was not affected by low revenue from large projects for government agencies and organisations and continued to promote the monetisation of the value provided by highly specialised personnel, securing appropriate profitability through the strengthened functions of its production management division, and improving profitability through the in-house production of work.」

「Operating profit, ordinary profit and quarterly net income attributable to owners of the parent exceeded the previous year's levels because the impact of low-revenue large projects for government agencies and organizations was absent, while the company continued to monetize the value provided by highly specialized personnel, strengthen the production management function to secure appropriate profits, and bring creative work in-house. As a result, revenue for the nine months ended the third quarter was ¥8,709 million, down 5.0% year on year, operating profit was ¥753 million, up 222.8%, ordinary profit was ¥794 million, up 188.6%, and quarterly net income attributable to owners of the parent was ¥523 million, up 199.2%.」

「Operating profit, ordinary profit and quarterly net income attributable to owners of the parent substantially exceeded the previous year's levels because the impact of low-revenue large projects for government agencies and organizations was absent, while the company continued to monetize the value provided by highly specialized personnel, strengthen the production management function to secure appropriate profits, and bring creative work in-house. As a result, revenue for the six months ended the second quarter was ¥6,820 million, down 13.9% year on year, operating profit was ¥769 million, up 81.4%, ordinary profit was ¥790 million, up 76.8%, and quarterly net income attributable to owners of the parent was ¥523 million, up 73.7%.」

「Operating profit, ordinary profit and profit attributable to owners of the parent exceeded the same period of the previous year because there was no impact from low-margin large-scale projects for government agencies and organizations, and because the company continued to promote monetization of the value provided by highly specialized personnel, securing appropriate profitability by strengthening the functions of the production management division, and improving profitability through in-house production.」

「Gross profit was ¥1,470 million, down 54.6% year on year, due mainly to the decline in revenue.」

「Although various online promotion initiatives increased, revenue and gross profit in the third quarter declined substantially from the previous year due to the significant impact of postponements and downsizing of real-world events following the extension of the state of emergency.」

「Gross profit declined significantly from the same period of the previous year because in-person events remained weak, although the company promoted company-wide initiatives to improve profitability through in-house production, monetize the value provided by highly specialized personnel, and secure appropriate profitability by strengthening the functions of the production management division.」

「Although the company promoted across the organization the in-house production of creative work to improve profitability, monetization of the value provided by highly specialized personnel, and securing appropriate profits by strengthening the production management function, gross profit declined substantially because real-world events remained sluggish and large projects for government agencies and organizations were low-revenue projects.」

「These initiatives produced tangible results, and performance remained firm, including the undertaking of multiple large-scale projects for both existing and new accounts. We promoted securing appropriate profits through high-value-added proposals and thorough cost management.」

「The company explains that its profit margin exceeded the previous year's level as it promoted across the organization the securing of appropriate margins through high-value-added proposals and thorough cost management.」

「As the company promoted across the organization the securing of appropriate margins through high-value-added proposals, the reduction of large low-revenue projects, thorough cost management, and strict control of selling, general and administrative expenses, its profit margin exceeded the previous year's level. (Operating profit margin improved from 10.94% to 12.26%.)」

「Profitability improved as the company continued to promote across the organization the securing of appropriate margins through high-value-added proposals, thorough cost management, and strict control of selling, general and administrative expenses, while T2 Creative Co., Ltd., a 100%-owned consolidated subsidiary, also pursued thorough cost management. As a result, revenue was ¥12,340 million, down 0.3% year on year, operating profit was ¥1,636 million, up 17.5%, ordinary profit was ¥1,660 million, up 18.0%, and quarterly net income attributable to owners of the parent was ¥1,110 million, up 22.1%.」

「Profitability improved as the company promoted across the organization the securing of appropriate margins through high-value-added proposals, thorough cost management, and strict control of selling, general and administrative expenses. As a result, revenue was ¥8,647 million, down ¥388 million, or 4.3%, operating profit was ¥1,216 million, up ¥133 million, or 12.3%, ordinary profit was ¥1,233 million, up ¥141 million, or 12.9%, and quarterly net income attributable to owners of the parent was ¥826 million, up ¥103 million, or 14.4%.」

「Profit margins exceeded the previous year due to an increase in high-margin projects and other factors.」

「Operating profit was ¥1,392 million, down 8.9% year on year, due to several low-revenue projects among the large projects and increased personnel expenses as an upfront investment, among other factors.」

「Due to several low-margin projects among the large projects noted above and increased personnel expenses for new graduates who joined the company in April 2017 as an upfront investment, among other factors」