Worth reading
43Recurring
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
19.4
% (year-on-year decline in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales7,520Millions of yenYear on year +9.4%Progress 40.9%
Operating profit519Millions of yenYear on year -19.4%Progress 26.6%
Ordinary income531Millions of yenYear on year -17.5%Progress 27.4%
Net income attributable to owners of the parent343Millions of yenYear on year -17.1%
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¥40.65
Financial position at period-end
Total assets11,655Millions of yen
of which net assets 7,869 Millions of yenEquity ratio 67.5%vs. prior year-end +4.2pt
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.
Cash inflows and outflows
Operating+685,491
Investment+4,200
Financials-413,945
Net change+275,746
Stacked from zero: upward is an increase in cash, downward a decrease (in Thousands of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period6,880,170 Thousands of yen
Segment revenueBranding business 7,216,233 Thousands of yen (YoY +8.2%), Data Solutions and Place Solutions Business 304,625 Thousands of yen (YoY +47.6%)
Segment profitBranding business 615,072 Thousands of yen (YoY -15.2%), Data Solutions and Place Solutions Business -27,254 Thousands of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales18,397 Millions of yen (YoY +11.6%)
Operating profit1,951 Millions of yen (YoY +0.5%)
Ordinary income1,938 Millions of yen (YoY +0.7%)
Profit attributable to owners of the parent1,239 Millions of yen (YoY -9.5%)
Revision to Earnings ForecastNot disclosed (no revision)
Annual Dividend Forecast49 Yen → 59 Yen
Factors Behind Changes in Business Performance
The company conducted sales activities focused on growth companies and companies actively reviewing their work styles, provided one-stop work-design-related services, and continued efforts to acquire new customers and follow up with existing customers, resulting in orders primarily from high-growth companies.
Disclosure regarding the going concern assumption
No matters to report
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
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name Not applicable
Material subsequent eventsOn 2 November 2026, the company acquired shares in パドルデザインカンパニー株式会社 and made it a subsidiary. The acquired voting interest was 100%, and the consideration was ¥175 million in cash. Estimated acquisition-related costs were ¥43 million. The amounts of goodwill and the acquired assets and liabilities have not yet been determined.
Impairment lossNo matters to report
Breakdown of extraordinary income (loss)No extraordinary gains or losses were recorded for the interim period.
Depreciation and amortization83,986 Thousands of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End8,448,800
Treasury Shares at Period-End123
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | 7,520 Millions of yen (YoY +9.4%) |
| Operating profit | 519 Millions of yen (YoY -19.4%) |
| Ordinary income | 531 Millions of yen (YoY -17.5%) |
| Profit attributable to owners of the parent | 343 Millions of yen (YoY -17.1%) |
| Net income per share | ¥40.65 |
| Equity ratio | End of the current fiscal period 67.5 / End of previous period 63.3 |
| Total assets | 11,655 Millions of yen |
| Net assets | 7,869 Millions of yen |
| Cash flows from operating activities | 685,491 Thousands of yen |
| Cash flows from investing activities | 4,200 Thousands of yen |
| Cash flows from financing activities | -413,945 Thousands of yen |
| Cash and cash equivalents at end of period | 6,880,170 Thousands of yen |
| Full-year earnings forecast | Net Sales 18,397 Millions of yen (YoY +11.6%) / Operating profit 1,951 Millions of yen (YoY +0.5%) / Ordinary income 1,938 Millions of yen (YoY +0.7%) / Profit attributable to owners of the parent 1,239 Millions of yen (YoY -9.5%) |
| Revision to Earnings Forecast | Not disclosed (no revision) |
| Annual Dividend Forecast | 49 Yen → 59 Yen |
| Segment revenue | Branding business 7,216,233 Thousands of yen (YoY +8.2%), Data Solutions and Place Solutions Business 304,625 Thousands of yen (YoY +47.6%) |
| Segment profit | Branding business 615,072 Thousands of yen (YoY -15.2%), Data Solutions and Place Solutions Business -27,254 Thousands of yen |
| Depreciation and amortization | 83,986 Thousands of yen |
| Impairment loss | No matters to report |
| Breakdown of extraordinary income (loss) | No extraordinary gains or losses were recorded for the interim period. |
| Disclosure regarding the going concern assumption | No matters to report |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name Not applicable |
| Material subsequent events | On 2 November 2026, the company acquired shares in パドルデザインカンパニー株式会社 and made it a subsidiary. The acquired voting interest was 100%, and the consideration was ¥175 million in cash. Estimated acquisition-related costs were ¥43 million. The amounts of goodwill and the acquired assets and liabilities have not yet been determined. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 8,448,800 |
| Treasury Shares at Period-End | 123 |
| Factors Behind Changes in Business Performance | The company conducted sales activities focused on growth companies and companies actively reviewing their work styles, provided one-stop work-design-related services, and continued efforts to acquire new customers and follow up with existing customers, resulting in orders primarily from high-growth companies. |
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog
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 company explained that the increase in net sales was driven by sales activities focused on growth companies and companies actively reviewing their work styles, the provision of one-stop work-design-related services, and continued efforts to acquire new customers and follow up with existing customers, resulting in orders primarily from high-growth companies. No specific reason was given for the decline in operating profit.
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.