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Presentation materials for financial results5025MERCURY Inc.Information and Communications, Services and Others

Full-Year Financial Results Presentation for the Fiscal Year Ending February 2026

For the fiscal year ended February 2026, revenue and operating profit declined due to the reversal of large one-off revenue recorded in the previous fiscal year. Net income increased due to gains on the sale of investment securities, and the company expects higher revenue and operating profit for the fiscal year ending February 2027.

Worth reading
37Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-56
Year-on-year change in operating income (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFull fiscal year ended February 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,601 million-9.0%
Operating profit¥74 million-56.0%
Ordinary income¥82 million-50.0%
Net income¥162 million+28.0%
Selling, general and administrative expenses¥559 million
Full-year earnings forecast
Fiscal year ended February 2026
Net Sales
¥1,600 million
Gross profit
¥640 million
Selling, general and administrative expenses
¥530 million
Operating profit
¥110 million
Ordinary income
¥120 million
Net income for the current fiscal year
¥85 million
Fiscal year ending February 2027
Net Sales
¥1,703 million
Operating profit
¥117 million
Ordinary income
¥129 million
Net income for the current fiscal year
¥79 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue was broadly in line with the plan. Operating profit fell short of the plan because selling, general and administrative expenses exceeded the initial plan. Net income exceeded the forecast.
New initiatives
  • Transition to a new pricing structure for the core SaaS product (April 2026)
  • Launch of the new service "Rent Valuation DX" (March 2026)
  • Planned integration of "Rent Valuation DX" with イタンジ株式会社's "ITANDI BB"
  • Establishment of a dedicated planning team in the digital marketing business
Key KPIsA metric the company considers important as a management benchmark.
  • Number of apartment buildings65,656 buildings
    yoy+700 buildings
  • Number of units in condominiums for sale2,894,124 units
    yoy+47,258 units
  • Number of brochures47,168 copies
    yoy+1,387 copies
  • Number of floor plan types699,574 Types
    yoy+15,706 types
  • Number of listing data records155,140,820 Engagements
  • ARR+3% year on year+3.0%
  • Revenue churn rate+0.34 percentage points year on year
    yoy+0.34pt
  • Number of properties carrying CGM advertisementsSlight decrease
    yoySlight decrease
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Average customer spend for SaaS products (monthly average, including ARPU)+2% year on year+2.0%
  • Customer BaseStable trend
Segment results
  • Platform Business
    Net Sales¥1,006 million
  • Digital Marketing Business
    Net Sales¥520 million
  • Other
    Net Sales¥74 million
Market Size / Share
Figures are Not disclosed (the company states that it holds a high share in the new condominium market)
Number of employees
Number of Employees77 People
As ofAs of February 2026
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFull fiscal year ended February 2026
Net Sales¥1,601 million (YoY -9.0%)
Operating profit¥74 million (YoY -56.0%)
Ordinary income¥82 million (YoY -50.0%)
Net income¥162 million (YoY +28.0%)
Selling, general and administrative expenses¥559 million
Full-year earnings forecastFiscal year ended February 2026 Net Sales ¥1,600 million / Gross profit ¥640 million / Selling, general and administrative expenses ¥530 million / Operating profit ¥110 million / Ordinary income ¥120 million / Net income for the current fiscal year ¥85 million / Fiscal year ending February 2027 Net Sales ¥1,703 million / Operating profit ¥117 million / Ordinary income ¥129 million / Net income for the current fiscal year ¥79 million
Self-assessment against the planRevenue was broadly in line with the plan. Operating profit fell short of the plan because selling, general and administrative expenses exceeded the initial plan. Net income exceeded the forecast.
Segment resultsSegment Platform Business / Net Sales ¥1,006 million / yoy_pct -19, Segment Digital Marketing Business / Net Sales ¥520 million / yoy_pct 11, Segment Other / Net Sales ¥74 million / yoy_pct 34
Key KPIs65,656 buildings, 2,894,124 units, 47,168 copies, 699,574 Types, 155,140,820 Engagements, +3% year on year (YoY +3.0%), +0.34 percentage points year on year, Slight decrease
Unit price and quantity metrics+2% year on year (YoY +2.0%), Stable trend
Number of employeesNumber of Employees 77 People / As of As of February 2026 / Change during the period Not disclosed / Hiring plan Not disclosed
Market Size / ShareFigures are Not disclosed (the company states that it holds a high share in the new condominium market)
New initiativesTransition to a new pricing structure for the core SaaS product (April 2026), Launch of the new service "Rent Valuation DX" (March 2026), Planned integration of "Rent Valuation DX" with イタンジ株式会社's "ITANDI BB", Establishment of a dedicated planning team in the digital marketing business
Items this document does not state (16)
Gross Profit MarginOperating profit marginResults for the three months of the current quarterProgress against full-year forecastBreakdown of Factors Affecting the ChangeNumber of stores and locationsAssumptions Underlying the Business OutlookRisk 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.

The decline in revenue was primarily due to the reversal of the large one-off revenue recorded in the third quarter of the fiscal year ended February 2025. Operating profit declined because the company continued investing in service development to support future growth, while selling, general and administrative expenses, including research and development expenses and costs related to the head office relocation, exceeded the initial plan. Net income increased due to gains on the sale of investment securities.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Full-Year Financial Results Presentation for the Fiscal Year Ending February 2026 | MERCURY Inc. (5025) timely disclosure | Komori