Contents of this document
- Decrease in PS segment profit-618 Millions of yen
- Decrease in payments business profit-609 Millions of yen
- Decrease in marketing business profit-8 Millions of yen
- Increase in LTI segment profit603 Millions of yen
- Decrease in GII segment profit-4,089 Millions of yen
- Decrease in company-wide adjustments-1,403 Millions of yen
- PS profit variance analysis: Marketing business-8 Millions of yen
- PS profit variance analysis: Payments business-609 Millions of yen
- Change in fair value of operating investment securities (excluding foreign exchange effects)-2,529 Millions of yen
- Change in fair value of operating investment securities (foreign exchange effects)-719 Millions of yen
- Support for Arc, a stablecoin-only blockchain, based on a basic agreement with Circle
- Early provision of a stablecoin payments platform to JCB
- Development of BaaS and digital financial services for SMEs
- Taking the investment portfolio off balance sheet through a partnership with a major secondary fund
- Implementation of Pokepay for Hokupay, the digital local currency of Kita City, Tokyo
- Payments volume (cumulative)¥5.8 1 trillionYear-on-year (%)42
- Payments volume (latest 12 months)¥10.8 1 trillion
- Investment business revenue (cumulative for the medium-term plan period)¥164 100 million
- Operating investment securities (balance at fiscal year-end)¥500 100 million
- Strategic business revenue growth rate63 %
- QR code payments volume growth rate45 %
- PSRevenue11,972 Millions of yenProfit3,844 Millions of yenProfit_yoy_pct-13.9
- PaymentsRevenue9,559 Millions of yenProfit2,997 Millions of yenProfit_yoy_pct-16.9
- MarketingRevenue2,413 Millions of yenProfit847 Millions of yenProfit_yoy_pct-1
- LTIRevenue6,653 Millions of yenProfit1,891 Millions of yenProfit_yoy_pct46.8
- GIIProfit-5,299 Millions of yen
- Company-wide adjustmentsProfit-4,527 Millions of yen
- ¥300 100 millionTargetInvestment business revenueTarget fiscal yearFiscal year ending March 2028 (five-year cumulative total from the fiscal year ended March 2024 through the fiscal year ending March 2028)
- QR code payments market growth rate (CAGR)28 %
- DGFT market growth multiple1.7 times
| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Ordinary income | ¥-4,091 million (profit before tax) |
| Results for the three months of the current quarter | PS segment revenue 5,935 Millions of yen / PS segment profit 1,902 Millions of yen / LTI segment profit 995 Millions of yen / LTI business profit/loss -48 Millions of yen |
| Full-year earnings forecast | Payment transaction volume ¥11.5 1 trillion |
| Self-assessment against the plan | The second quarter of the payments business was below expectations, while the marketing business was broadly in line with expectations. |
| Segment results | Segment PS / Revenue 11,972 Millions of yen / Profit 3,844 Millions of yen / Profit_yoy_pct -13.9, Segment Payments / Revenue 9,559 Millions of yen / Profit 2,997 Millions of yen / Profit_yoy_pct -16.9, Segment Marketing / Revenue 2,413 Millions of yen / Profit 847 Millions of yen / Profit_yoy_pct -1, Segment LTI / Revenue 6,653 Millions of yen / Profit 1,891 Millions of yen / Profit_yoy_pct 46.8, Segment GII / Profit -5,299 Millions of yen, Segment Company-wide adjustments / Profit -4,527 Millions of yen |
| Breakdown of Factors Affecting the Change | Factors Decrease in PS segment profit / Amount -618 Millions of yen, Factors Decrease in payments business profit / Amount -609 Millions of yen, Factors Decrease in marketing business profit / Amount -8 Millions of yen, Factors Increase in LTI segment profit / Amount 603 Millions of yen, Factors Decrease in GII segment profit / Amount -4,089 Millions of yen, Factors Decrease in company-wide adjustments / Amount -1,403 Millions of yen, Factors PS profit variance analysis: Marketing business / Amount -8 Millions of yen, Factors PS profit variance analysis: Payments business / Amount -609 Millions of yen, Factors Change in fair value of operating investment securities (excluding foreign exchange effects) / Amount -2,529 Millions of yen, Factors Change in fair value of operating investment securities (foreign exchange effects) / Amount -719 Millions of yen |
| Key KPIs | Indicator name Payments volume (cumulative) / Value ¥5.8 1 trillion / Year-on-year (%) ¥42 1 trillion, Indicator name Payments volume (latest 12 months) / Value ¥10.8 1 trillion / Year on year against the same period last year Not disclosed, Indicator name Investment business revenue (cumulative for the medium-term plan period) / Value ¥164 100 million / Year on year against the same period last year Not disclosed, Indicator name Operating investment securities (balance at fiscal year-end) / Value ¥500 100 million / Year on year against the same period last year Not disclosed, Indicator name Strategic business revenue growth rate / Value 63 % / Year on year against the same period last year Not disclosed, Indicator name QR code payments volume growth rate / Value 45 % / Year on year against the same period last year Not disclosed |
| Medium-term management plan targets | Target Investment business revenue / Value ¥300 100 million / Target fiscal year Fiscal year ending March 2028 (five-year cumulative total from the fiscal year ended March 2024 through the fiscal year ending March 2028) |
| Acquisition of treasury shares | Purchase price ¥2,994 /share / Notes Share repurchase by Kakaku.com; the number of shares and repurchase period are Not disclosed |
| Market Size / Share | Indicator name QR code payments market growth rate (CAGR) / Value 28 %, Indicator name DGFT market growth multiple / Value 1.7 times |
| New initiatives | Support for Arc, a stablecoin-only blockchain, based on a basic agreement with Circle, Early provision of a stablecoin payments platform to JCB, Development of BaaS and digital financial services for SMEs, Taking the investment portfolio off balance sheet through a partnership with a major secondary fund, Implementation of Pokepay for Hokupay, the digital local currency of Kita City, Tokyo |
Items this document does not state (18)
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.The main reasons were lower profit in the PS segment, lower fair values of operating investment securities related to certain investments, and higher costs associated with FA fees and head-office office optimization. In the payments business, results were affected by the cancellation of a major customer and revised terms, as well as higher fixed costs including depreciation and amortization, personnel expenses and security measures.