Komori
Results4847INTELLIGENT WAVE INC.Information and Communications, Services and Others

First Quarter Financial Results Summary for the Fiscal Year Ending June 2027 [Japanese GAAP] (Non-consolidated)

In the first quarter, net sales increased 23.8% year on year and operating profit increased 227.9%, resulting in substantial increases in both revenue and profit. System renewal projects for major customers in the payments business performed well, while quality-related measures for cloud service projects that arose in the previous year were brought to a close.

Worth reading
38Recurring
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
227.9
% (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 July 2026 to 30 September 2026Non-consolidated (standalone)Japanese GAAP
Net Sales4,638¥ millionYear on year +23.8%Progress 26.2%
Operating profit674¥ millionYear on year +227.9%Progress 30.6%
Ordinary income676¥ millionYear on year +230.3%Progress 30.2%
Net income attributable to owners of the parent457¥ millionYear on year +226.9%Progress 29.9%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥17.47
Financial position at period-end
Total assets17,190¥ million
of which net assets 9,965 ¥ millionEquity ratio 58.0%vs. prior year-end -0.1pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥17,700 million (YoY +2.6%)
Operating profit¥2,200 million (YoY +6.0%)
Ordinary income¥2,240 million (YoY +5.2%)
Net income¥1,530 million (YoY +2.9%)
Annual Dividend Forecast37 yen → 37 yen(0.0%)
Factors Behind Changes in Business Performance

In addition to the strong performance of system renewal projects and other engagements for major customers, the conclusion of quality-related measures for cloud service projects for certain customers that arose in the previous year, among other factors

Disclosure regarding the going concern assumption

None

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Depreciation and amortization¥406,007 thousand
Orders received and order backlogOrders received ¥2,979 million / Order backlog ¥16,770 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End26,340,000 shares
Treasury Shares at Period-End155,973 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 July 2026 to 30 September 2026
Net Sales¥4,638 million (YoY +23.8%)
Operating profit¥674 million (YoY +227.9%)
Ordinary income¥676 million (YoY +230.3%)
Profit attributable to owners of the parent¥457 million (YoY +226.9%)
Net income per share¥17.47
Equity ratioEnd of the current fiscal period 58.0% / End of previous period 58.1%
Total assets¥17,190 million
Net assets¥9,965 million
Full-year earnings forecastNet Sales ¥17,700 million (YoY +2.6%) / Operating profit ¥2,200 million (YoY +6.0%) / Ordinary income ¥2,240 million (YoY +5.2%) / Net income ¥1,530 million (YoY +2.9%)
Annual Dividend Forecast37 yen → 37 yen(0.0%)
Orders received and order backlogOrders received ¥2,979 million / Order backlog ¥16,770 million
Depreciation and amortization¥406,007 thousand
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End26,340,000 shares
Treasury Shares at Period-End155,973 shares
Factors Behind Changes in Business PerformanceIn addition to the strong performance of system renewal projects and other engagements for major customers, the conclusion of quality-related measures for cloud service projects for certain customers that arose in the previous year, among other factors
Items this document does not state (15)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesImpairment lossBreakdown of extraordinary income (loss)Changes in the scope of consolidationMaterial subsequent events

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.

Revenue and profit increased substantially, reflecting strong performance in system renewal projects and other engagements for major customers in the payments business, as well as the conclusion of quality-related measures for cloud service projects for certain customers that arose in the previous year.

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