Worth reading
78Important
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
119
Millions of yen (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter of the fiscal year ending August 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,809 million+2.7%
Operating profit¥70 million
Net income¥36 million
Results for the three months of the current quarter
Net Sales
¥1,388.05 million
Gross profit
¥428.17 million
Operating profit
¥8.43 million
Quarterly income before income taxes and other adjustments
¥2.01 million
Quarterly net income
¥6.91 million
Full-year earnings forecast
Net Sales
¥5,837 million
Gross profit
¥1,894 million
Operating profit
¥81 million
Profit for the period
¥36 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 Sales48.1%
Gross profit46.9%
Operating profit85.8%
Profit for the period98.3%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress against plan for revenue and gross profit was broadly as expected. Profit improvement in the AI Solutions business was stronger than anticipated.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Provision for performance-based bonuses¥42 millionImpactExpense Recognition
- Impairment loss related to crypto assets¥23 millionImpactExpense Recognition
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Second-half profit levelPlanned to be below the first-half level
GPU Server businessTaking volatility into account
New initiatives
- AIZE support for all operating systems and multiple devices
- Software development collaboration with LIMNO
- Multi-factor authentication partnership with SIOS Technology
- Joint development of an automotive design automation system with BEX
- Launch of the next-generation talent development platform AT20 and addition of a new curriculum
- Transition to a business model focused on AI GPU server sales
- GUGA's admission as a senior partner
- Physical AI R&D
- Large-scale M&A strategy
Key KPIsA metric the company considers important as a management benchmark.
- Cumulative AIZE IDs150,000 ID
- アルろく for LINE WORKS deployments4,000 IDs+
- Number of companies using PRISM40 companies or more
- Average monthly revenue per employee¥1,647 thousandYear on year against the same period last yearUp from ¥1,296 thousand in 2Q of the previous fiscal year
- Business partner gross margin15.8 %Year on year against the same period last yearImproved from the previous fiscal year's 2Q average of 13.4%
- Share of AI Lab customers in manufacturing and printing80 %
- AT20 internal passers150 participants
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Average monthly revenue per employee
¥1,647 thousand
prior_value1,296
prior_unit¥ thousand
Business partner gross margin
15.8 %
prior_value13.4
prior_unit%
Segment results
AI Solutions Business
Net Sales
¥2,427 million+104.3%
Gross profit
¥675 million+96.2%
Operating profit
¥122 million+116.9%
AI Integration + AI Products
Net Sales
¥1,643 million+118.3%
Engineering
Net Sales
¥794 million+83.6%
GPU Server business
Net Sales
¥388 million+93.5%
Gross profit
¥219 million+111.5%
Operating profit
¥-52 million
Market Size / Share
Domestic AI market
¥4.1 trillion 2029 forecast
Global AI market
$8,267 billion 2030 forecast
Japan edge computing market
¥2.6 trillion 2028 forecast
Global edge computing market
$3,800 billion 2028 forecast
Number of employees
Number of Employees465 people
Breakdown465 consolidated, 251 non-consolidated
Change during the period39 new graduates joined in April
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending August 2026 |
| Net Sales | ¥2,809 million (YoY +2.7%) |
| Operating profit | ¥70 million |
| Net income | ¥36 million |
| Results for the three months of the current quarter | Net Sales ¥1,388.05 million / Gross profit ¥428.17 million / Operating profit ¥8.43 million / Quarterly income before income taxes and other adjustments ¥2.01 million / Quarterly net income ¥6.91 million |
| Full-year earnings forecast | Net Sales ¥5,837 million / Gross profit ¥1,894 million / Operating profit ¥81 million / Profit for the period ¥36 million |
| Progress against full-year forecast | Net Sales 48.1% / Gross profit 46.9% / Operating profit 85.8% / Profit for the period 98.3% |
| Self-assessment against the plan | Progress against plan for revenue and gross profit was broadly as expected. Profit improvement in the AI Solutions business was stronger than anticipated. |
| Segment results | AI Solutions Business Net Sales ¥2,427 million (YoY +104.3%) / Gross profit ¥675 million (YoY +96.2%) / Operating profit ¥122 million (YoY +116.9%) / AI Integration + AI Products Net Sales ¥1,643 million (YoY +118.3%) / Engineering Net Sales ¥794 million (YoY +83.6%) / GPU Server business Net Sales ¥388 million (YoY +93.5%) / Gross profit ¥219 million (YoY +111.5%) / Operating profit ¥-52 million |
| Breakdown of Factors Affecting the Change | Factors Provision for performance-based bonuses / Amount ¥42 million / Impact Expense Recognition, Factors Impairment loss related to crypto assets / Amount ¥23 million / Impact Expense Recognition |
| Key KPIs | Indicator name Cumulative AIZE IDs / Value 150,000 ID / Year on year against the same period last year Not disclosed, Indicator name アルろく for LINE WORKS deployments / Value 4,000 IDs+ / Year on year against the same period last year Not disclosed, Indicator name Number of companies using PRISM / Value 40 companies or more / Year on year against the same period last year Not disclosed, Indicator name Average monthly revenue per employee / Value ¥1,647 thousand / Year on year against the same period last year Up from ¥1,296 thousand in 2Q of the previous fiscal year, Indicator name Business partner gross margin / Value 15.8 % / Year on year against the same period last year Improved from the previous fiscal year's 2Q average of 13.4%, Indicator name Share of AI Lab customers in manufacturing and printing / Value 80 % / Year on year against the same period last year Not disclosed, Indicator name AT20 internal passers / Value 150 participants / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Average monthly revenue per employee ¥1,647 thousand / Business partner gross margin 15.8 % |
| Number of employees | Number of Employees 465 people / Breakdown 465 consolidated, 251 non-consolidated / Change during the period 39 new graduates joined in April |
| Assumptions Underlying the Business Outlook | Second-half profit level Planned to be below the first-half level / GPU Server business Taking volatility into account |
| Market Size / Share | Domestic AI market ¥4.1 trillion (2029 forecast) / Global AI market $8,267 billion (2030 forecast) / Japan edge computing market ¥2.6 trillion (2028 forecast) / Global edge computing market $3,800 billion (2028 forecast) |
| New initiatives | AIZE support for all operating systems and multiple devices, Software development collaboration with LIMNO, Multi-factor authentication partnership with SIOS Technology, Joint development of an automotive design automation system with BEX, Launch of the next-generation talent development platform AT20 and addition of a new curriculum, Transition to a business model focused on AI GPU server sales, GUGA's admission as a senior partner, Physical AI R&D, Large-scale M&A strategy |
Items this document does not state (14)
Ordinary incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesNumber 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.Business performance benefited from the expansion of AI development contracts and prime contractor projects driven by increased development demand related to generative AI, the end of the decline in engineering revenue caused by reduced staffing and an increase in projects, and progress in GPU server sales. Meanwhile, mining revenue remained sluggish due to the deterioration in crypto asset prices, resulting in a ¥23 million impairment loss.
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.