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Presentation materials for financial results5134POPER Co.,Ltd.Information and Communications, Services and Others

Financial Results Presentation for the Second Quarter (Interim Period) of the Fiscal Year Ending October 2026

Revenue increased 3.3% year on year due to growth in the number of companies with paid contracts. However, strategic investment in the system infrastructure and human resources lowered the gross margin and operating margin, resulting in a 39.5% decline in operating profit. Interim net income exceeded the full-year forecast, but the full-year forecast was left unchanged in anticipation of planned investment in the second half.

Worth reading
49Recurring
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
-47
¥ million (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsSecond quarter of the fiscal year ending October 2026 (interim period)6 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥714 million+3.3%
Operating profit¥71 million-39.5%
Ordinary income¥71 million-39.2%
Net income¥57 million-57.7%
Gross Profit Margin72.6%
Operating profit margin10.1%
Selling, general and administrative expenses¥446 million
Full-year earnings forecast
Net Sales
¥1,425 million
Gross profit
¥1,019 million
Gross Profit Margin
71.5%
Selling, general and administrative expenses
¥933 million
Operating profit
¥85 million
Operating profit margin
6.0%
Ordinary income
¥83 million
Net income for the current fiscal year
¥55 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 Sales50.1%
Gross profit50.8%
Selling, general and administrative expenses47.8%
Operating profit83.7%
Ordinary income85.6%
Net income for the current fiscal year102.8%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue and profit at each level are generally tracking in line with the initial assumptions
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net SalesIncrease in the number of companies with paid contracts
Gross profitStrategic investment in strengthening the system infrastructure and developing new functions
Selling, general and administrative expensesStrategic investment in marketing expenses, personnel expenses and hiring costs
Breakdown of selling, general and administrative expenses
Personnel Expenses
Fiscal Year Ending October 2025 2Q¥241,990 thousand
Fiscal Year Ending October 2026 2Q¥272,120 thousand
Outsourcing expenses
Fiscal Year Ending October 2025 2Q¥63,132 thousand
Fiscal Year Ending October 2026 2Q¥60,629 thousand
Marketing-related outsourcing expenses
Fiscal Year Ending October 2025 2Q¥12,577 thousand
Fiscal Year Ending October 2026 2Q¥11,334 thousand
Advertising expenses
Fiscal Year Ending October 2025 2Q¥27,297 thousand
Fiscal Year Ending October 2026 2Q¥29,788 thousand
Other
Fiscal Year Ending October 2025 2Q¥63,699 thousand
Fiscal Year Ending October 2026 2Q¥72,728 thousand
New initiatives
  • Phased addition of convenience-store and credit-card payment functions to ComiruPay
  • Strengthening proposals for ComiruERP and semi-customized development for upper-mid-sized, mid-sized and large cram schools
  • Accelerating expansion into the lessons market, including English conversation schools and programming schools
  • Considering M&A using treasury shares (share exchange) and the granting of stock options
Key KPIsA metric the company considers important as a management benchmark.
  • Number of companies with paid contracts2,103 companies
    Year on year against the same period last year+16.4%
  • Customer churn rate0.5 %
  • Billable student IDs483,000 ID
    Year on year against the same period last year+6.6%
  • ARPU46,279 Yen/company/month
    Year on year against the same period last year-9.0%
  • ARR11.67 Hundreds of millions of yen
    Year on year against the same period last year+6.0%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Number of companies with paid contracts
2,103 companies+16.4%
ARPU
46,279 Yen/company/month-9.0%
Billable student IDs
483,000 ID+6.6%
Acquisition of treasury shares
Total acquisition price¥39.9 million
Number of shares acquired69,100 shares
Acquisition period13 March–16 April (on a contract-date basis)
Maximum authorization¥40.0 million and 80,000 shares
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredSecond quarter of the fiscal year ending October 2026 (interim period)
Net Sales¥714 million (YoY +3.3%)
Operating profit¥71 million (YoY -39.5%)
Ordinary income¥71 million (YoY -39.2%)
Net income¥57 million (YoY -57.7%)
Gross Profit Margin72.6%
Operating profit margin10.1%
Selling, general and administrative expenses¥446 million
Full-year earnings forecastNet Sales ¥1,425 million / Gross profit ¥1,019 million / Gross Profit Margin 71.5% / Selling, general and administrative expenses ¥933 million / Operating profit ¥85 million / Operating profit margin 6.0% / Ordinary income ¥83 million / Net income for the current fiscal year ¥55 million
Progress against full-year forecastNet Sales 50.1% / Gross profit 50.8% / Selling, general and administrative expenses 47.8% / Operating profit 83.7% / Ordinary income 85.6% / Net income for the current fiscal year 102.8%
Self-assessment against the planRevenue and profit at each level are generally tracking in line with the initial assumptions
Breakdown of Factors Affecting the ChangeNet Sales Increase in the number of companies with paid contracts / Gross profit Strategic investment in strengthening the system infrastructure and developing new functions / Selling, general and administrative expenses Strategic investment in marketing expenses, personnel expenses and hiring costs / Breakdown of selling, general and administrative expenses Personnel Expenses Fiscal Year Ending October 2025 2Q ¥241,990 thousand / Fiscal Year Ending October 2026 2Q ¥272,120 thousand / Outsourcing expenses Fiscal Year Ending October 2025 2Q ¥63,132 thousand / Fiscal Year Ending October 2026 2Q ¥60,629 thousand / Marketing-related outsourcing expenses Fiscal Year Ending October 2025 2Q ¥12,577 thousand / Fiscal Year Ending October 2026 2Q ¥11,334 thousand / Advertising expenses Fiscal Year Ending October 2025 2Q ¥27,297 thousand / Fiscal Year Ending October 2026 2Q ¥29,788 thousand / Other Fiscal Year Ending October 2025 2Q ¥63,699 thousand / Fiscal Year Ending October 2026 2Q ¥72,728 thousand
Key KPIsIndicator name Number of companies with paid contracts / Value 2,103 companies / Year on year against the same period last year +16.4%, Indicator name Customer churn rate / Value 0.5 % / Year on year against the same period last year Not disclosed, Indicator name Billable student IDs / Value 483,000 ID / Year on year against the same period last year +6.6%, Indicator name ARPU / Value 46,279 Yen/company/month / Year on year against the same period last year -9.0%, Indicator name ARR / Value 11.67 Hundreds of millions of yen / Year on year against the same period last year +6.0%
Unit price and quantity metricsNumber of companies with paid contracts 2,103 companies (YoY +16.4%) / ARPU 46,279 Yen/company/month (YoY -9.0%) / Billable student IDs 483,000 ID (YoY +6.6%)
Acquisition of treasury sharesTotal acquisition price ¥39.9 million / Number of shares acquired 69,100 shares / Acquisition period 13 March–16 April (on a contract-date basis) / Maximum authorization ¥40.0 million and 80,000 shares
New initiativesPhased addition of convenience-store and credit-card payment functions to ComiruPay, Strengthening proposals for ComiruERP and semi-customized development for upper-mid-sized, mid-sized and large cram schools, Accelerating expansion into the lessons market, including English conversation schools and programming schools, Considering M&A using treasury shares (share exchange) and the granting of stock options
Items this document does not state (14)
Results for the three months of the current quarterSegment resultsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioCapital 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.

Revenue increased as the number of companies with paid contracts steadily accumulated, while strategic investments in strengthening the system infrastructure, developing new functions, marketing, personnel expenses and hiring, aimed at expanding the business scale and building a foundation for growth, were implemented as planned.

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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.
Financial Results Presentation for the Second Quarter (Interim Period) of the Fiscal Year Ending October 2026 | POPER Co.,Ltd. (5134) timely disclosure | Komori