Worth reading
66In focus
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
24.7
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Contents of this document
Results presentationSecond quarter of FY2027/34 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,611 million+24.7%
Operating profit¥-101 million
Ordinary income¥-83 million
Net income¥-54 million interim net income attributable to owners of the parent
Selling, general and administrative expenses¥992 million
Operating profit marginQuarter alone: -6.4%; year on year: ¥92 million deterioration in operating profit
Results for the three months of the current quarter
Net Sales
¥1,369 million+25.2%
Operating profit
¥-92 million
Operating profit margin
-6.4 %
Salesforce business revenue
¥903 million+14.4%
ServiceNow business revenue
¥352 million+67.8%
SaaS services (AGAVE) revenue
¥58 million+27.4%
Full-year earnings forecast
Net Sales
¥5,700 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 Sales45.8
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
One-time costs, including AI-related investments-99
Reclassification to cost of sales of personnel expenses recorded as SG&A in the same period of the previous year-70
New initiatives
- Support for and recommendation to tender shares into the tender offer by HHH1合同会社
- Launch of the AtoA project with ベニックソリューション
- Business alliance with Asterminds and launch of AI consulting services
- Provision of practical AI and data utilization classes at Kansai University
- Conversion of arcbricks株式会社 into a consolidated subsidiary (acquisition price: ¥50 million; voting rights ownership: 89.20%)
Key KPIsA metric the company considers important as a management benchmark.
- Number of AGAVE contracted user IDs14,239 IDYear on year against the same period last year+20.5%
- Number of contracted user IDs for overseas payroll services3,440 IDYear on year against the same period last year+117.0%
Segment results
AI&Data Innovation
Net Sales
¥2,499 million
Year on year against the same period last year+24.4%
SaaS Services (AGAVE)
Net Sales
¥112 million
Year on year against the same period last year+31.1%
Salesforce Business
Current-quarter revenue
¥903 million
Year on year against the same period last year+14.4%
ServiceNow Business
Current-quarter revenue
¥352 million
Year on year against the same period last year+67.8%
| Item | Details |
|---|---|
| Document type | Results presentation |
| Fiscal Period Covered | Second quarter of FY2027/3 |
| Net Sales | ¥2,611 million (YoY +24.7%) |
| Operating profit | ¥-101 million |
| Ordinary income | ¥-83 million |
| Net income | ¥-54 million (interim net income attributable to owners of the parent) |
| Operating profit margin | Quarter alone: -6.4%; year on year: ¥92 million deterioration in operating profit |
| Selling, general and administrative expenses | ¥992 million |
| Results for the three months of the current quarter | Net Sales ¥1,369 million (YoY +25.2%) / Operating profit ¥-92 million / Operating profit margin -6.4 % / Salesforce business revenue ¥903 million (YoY +14.4%) / ServiceNow business revenue ¥352 million (YoY +67.8%) / SaaS services (AGAVE) revenue ¥58 million (YoY +27.4%) |
| Full-year earnings forecast | Net Sales ¥5,700 million / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed |
| Progress against full-year forecast | Net Sales 45.8 |
| Segment results | AI&Data Innovation Net Sales ¥2,499 million / yoy_pct 24.4 / Profit Not disclosed / SaaS Services (AGAVE) Net Sales ¥112 million / yoy_pct 31.1 / Profit Not disclosed / Salesforce Business Current-quarter revenue ¥903 million / yoy_pct 14.4 / Profit Not disclosed / ServiceNow Business Current-quarter revenue ¥352 million / yoy_pct 67.8 / Profit Not disclosed |
| Breakdown of Factors Affecting the Change | One-time costs, including AI-related investments -99 / Reclassification to cost of sales of personnel expenses recorded as SG&A in the same period of the previous year -70 |
| Key KPIs | Indicator name Number of AGAVE contracted user IDs / Value 14,239 ID / Year on year against the same period last year 20.5 ID, Indicator name Number of contracted user IDs for overseas payroll services / Value 3,440 ID / Year on year against the same period last year 117 ID |
| New initiatives | Support for and recommendation to tender shares into the tender offer by HHH1合同会社, Launch of the AtoA project with ベニックソリューション, Business alliance with Asterminds and launch of AI consulting services, Provision of practical AI and data utilization classes at Kansai University, Conversion of arcbricks株式会社 into a consolidated subsidiary (acquisition price: ¥50 million; voting rights ownership: 89.20%) |
Items this document does not state (16)
Gross Profit MarginSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey 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.Growth in the ServiceNow business and SaaS services (AGAVE), together with the expansion of AI and data utilization in the Salesforce business, contributed to higher revenue. Profit was affected by ¥99 million in one-time expenses for AI-related investments and the development of new tools, as well as the transfer of approximately ¥70 million in personnel expenses from selling, general and administrative expenses to cost of sales, where they had been recorded in the same period of the previous year.
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.
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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.