Worth reading
63In 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
166
Millions of yen (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ended December 20259 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,432 million+17.3%
Operating profit¥351 million+90.3%
Net income¥304 million +136.7%net income attributable to owners of the parent
Gross Profit Margin62.9%
Operating profit margin24.5%
Selling, general and administrative expenses¥549 million
Results for the three months of the current quarter
Net Sales
¥1,432 million
Operating profit
¥351 million
Profit before income taxes
¥449 million
Profit attributable to owners of the parent
¥304 million
Full-year earnings forecast
Net Sales
¥5,600 million
Operating profit
¥778 million
Profit before income taxes
¥874 million
Profit attributable to owners of the parent
¥605 million
Cloud business revenue
¥4,514 million
On-premises business revenue
¥462 million
Professional services business revenue
¥622 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 Sales25.6%
Cloud business revenue23.7%
On-premises business revenue37.3%
Professional services business revenue30.2%
Cost of sales22.5%
Gross profit27.8%
Selling, general and administrative expenses22.4%
Operating profit45.1%
Profit before income taxes51.4%
Profit attributable to owners of the parent50.3%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
クラウド事業は計画通り、オンプレミス事業とプロフェッショナルサービス事業は計画を上回る進捗Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Salesクラウド事業、オンプレミス事業、プロフェッショナルサービス事業の売上増加
Operating profit
Gross profit
¥901 million
Personnel Expenses
¥257 million
Advertising and sales promotion expenses
¥161 million
Other SG&A expenses
¥130 million
Operating profit
¥351 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Cloud Business第2四半期以降の剪定戦略に伴う解約を見込むが、今期計画に織り込み済み
Growth Investment第2四半期以降にプロモーション強化を実施予定
New initiatives
- SmartDB®とinvox受取請求書のAPI連携
- 採用ブランディングの展開と採用サイトのリニューアル
- エレベーター広告の配信開始
- 第2四半期以降のプロモーション強化
Key KPIsA metric the company considers important as a management benchmark.
- Horizontal SaaS revenue growth rate26 %
- Cloud business revenue growth rate19.1 %
- Deferred revenue balance¥1,278 millionYear on year against the same period last year+13.0%
- Stock revenue ratio83.7 %
- クラウド事業売上比率74.8 %Year on year against the same period last year+1.1%
- ホリゾンタルSaaS売上に占めるSmartDB®の割合82.6 %
- SaaS workflow market share30.2 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Horizontal SaaS
Companies adopting the service168社（前年同四半期比の増減はグラフ上で記載）
平均月額利用料
¥1,689 thousand
NRR
116.7 %
Vertical SaaS
Companies adopting the service163社
平均月額利用料
¥397 thousand
Segment results
Cloud Business
Net Sales
¥1,071 million+19.1%
Segment profit
¥461 million+37.5%
Segment profit margin43.0%
On-premises business
Net Sales
¥172 million+12.7%
Segment profit
¥91 million
Segment profit margin52.9%
Professional services business
Net Sales
¥188 million+11.8%
Segment profit
¥53 million
Segment profit margin28.2%
Market Size / Share
Market shareSaaS型ワークフロー市場全体30.2%、従業員数1,000名以上の大企業54.1%
Number of employees
Number of Employees276 people
期中の採用者数7 people
Year-on-year change6 people
Hiring plan第2四半期以降は営業・販促を中心に増員予定
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ended December 2025 |
| Net Sales | ¥1,432 million (YoY +17.3%) |
| Operating profit | ¥351 million (YoY +90.3%) |
| Net income | ¥304 million (net income attributable to owners of the parent) (YoY +136.7%) |
| Gross Profit Margin | 62.9% |
| Operating profit margin | 24.5% |
| Selling, general and administrative expenses | ¥549 million |
| Results for the three months of the current quarter | Net Sales ¥1,432 million / Operating profit ¥351 million / Profit before income taxes ¥449 million / Profit attributable to owners of the parent ¥304 million |
| Full-year earnings forecast | Net Sales ¥5,600 million / Operating profit ¥778 million / Profit before income taxes ¥874 million / Profit attributable to owners of the parent ¥605 million / Cloud business revenue ¥4,514 million / On-premises business revenue ¥462 million / Professional services business revenue ¥622 million |
| Progress against full-year forecast | Net Sales 25.6% / Cloud business revenue 23.7% / On-premises business revenue 37.3% / Professional services business revenue 30.2% / Cost of sales 22.5% / Gross profit 27.8% / Selling, general and administrative expenses 22.4% / Operating profit 45.1% / Profit before income taxes 51.4% / Profit attributable to owners of the parent 50.3% |
| Self-assessment against the plan | クラウド事業は計画通り、オンプレミス事業とプロフェッショナルサービス事業は計画を上回る進捗 |
| Segment results | Cloud Business Net Sales ¥1,071 million (YoY +19.1%) / Segment profit ¥461 million (YoY +37.5%) / Segment profit margin 43.0% / On-premises business Net Sales ¥172 million (YoY +12.7%) / Segment profit ¥91 million / Segment profit margin 52.9% / Professional services business Net Sales ¥188 million (YoY +11.8%) / Segment profit ¥53 million / Segment profit margin 28.2% |
| Breakdown of Factors Affecting the Change | Net Sales クラウド事業、オンプレミス事業、プロフェッショナルサービス事業の売上増加 / Operating profit Gross profit ¥901 million / Personnel Expenses ¥257 million / Advertising and sales promotion expenses ¥161 million / Other SG&A expenses ¥130 million / Operating profit ¥351 million |
| Key KPIs | Indicator name Horizontal SaaS revenue growth rate / Value 26 % / Year on year against the same period last year Not disclosed, Indicator name Cloud business revenue growth rate / Value 19.1 % / Year on year against the same period last year Not disclosed, Indicator name Deferred revenue balance / Value ¥1,278 million / Year on year against the same period last year ¥13 million, Indicator name Stock revenue ratio / Value 83.7 % / Year on year against the same period last year Not disclosed, Indicator name クラウド事業売上比率 / Value 74.8 % / Year on year against the same period last year 1.1 %, Indicator name ホリゾンタルSaaS売上に占めるSmartDB®の割合 / Value 82.6 % / Year on year against the same period last year Not disclosed, Indicator name SaaS workflow market share / Value 30.2 % / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Horizontal SaaS Companies adopting the service 168社（前年同四半期比の増減はグラフ上で記載） / 平均月額利用料 ¥1,689 thousand / NRR 116.7 % / Vertical SaaS Companies adopting the service 163社 / 平均月額利用料 ¥397 thousand |
| Number of employees | Number of Employees 276 people / 期中の採用者数 7 people / Year-on-year change 6 people / Hiring plan 第2四半期以降は営業・販促を中心に増員予定 |
| Assumptions Underlying the Business Outlook | Cloud Business 第2四半期以降の剪定戦略に伴う解約を見込むが、今期計画に織り込み済み / Growth Investment 第2四半期以降にプロモーション強化を実施予定 |
| Market Size / Share | Market share SaaS型ワークフロー市場全体30.2%、従業員数1,000名以上の大企業54.1% |
| New initiatives | SmartDB®とinvox受取請求書のAPI連携, 採用ブランディングの展開と採用サイトのリニューアル, エレベーター広告の配信開始, 第2四半期以降のプロモーション強化 |
Items this document does not state (11)
Ordinary incomeNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial 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.SmartDB®のアップセル、オンプレミス事業の追加ライセンス受注、クラウド移行・大型案件の導入支援が順調に進んだことに加え、インフラコストの効率化とコストコントロールが進んだため。
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.