Worth reading
64In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
31.5
Year-on-year change in operating revenue (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ending December 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,376 million+31.5%
Operating profit¥504 million+55.4%
Ordinary income¥511 million+56.6%
Net income¥352 million+57.8%
Operating profit margin36.7 %
Results for the three months of the current quarter
Operating revenue
¥1,376 million
Operating profit
¥504 million
Ordinary income
¥511 million
Net income
¥352 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。
Operating revenue24.2 %
OpenWork27 %
OpenWork Recruiting23.5 %
Alternative Data Services20.8 %
Operating profit34.8 %
Ordinary income35.3 %
Net income for the current fiscal year36.5 %
Operating Expenses20.2 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Operating profit exceeded the plan, but full-year results are expected to be in line with the planKey points of the Q&AKey questions raised by investors at the briefing and the company's answers
- The impact of the situation in the Middle East is not currently significant enough to warrant changing the earnings targets, but it could have an impact if hiring declines or is suspended.
- BNGパートナーズ will be consolidated from April 2026, and its results will be disclosed beginning with the second-quarter earnings.
- Operating profit is temporarily exceeding the plan because advertising investment was deferred to the second half, but the planned level of investment will be made for the full year.
- The increase in contract liabilities was driven by expanded sales of the base fee under the new plan and optional services.
- Specific services and KPIs for achieving the medium-term targets are currently being developed internally, and disclosure will be considered at an appropriate time.
New initiatives
- Acquisition of all shares of BNGパートナーズ and addition to the group
- Launch of a recruitment placement service from the second quarter of 2026 using OpenWork data and BNGパートナーズ' expertise
- Change to a shareholder return policy that includes the payment of the first dividend and targets a consolidated dividend payout ratio of approximately 20%
- Full-scale promotion of roll-up M&A involving recruitment placement companies
Key KPIsA metric the company considers important as a management benchmark.
- Cumulative registered users796 10,000 people+11.0%
- Cumulative employee review and rating scores2,120 ten thousand items+12.2%
- Cumulative customer deployments6,385 companies+10.2%
- Number of job openings13.4 ten thousand items+58.5%
- Registered web résumé users175 10,000 people+21.4%
Segment results
OpenWork
Operating revenue
¥335 million
Year on year against the same period last year+8.3%
OpenWork Recruiting
Operating revenue
¥995 million
Year on year against the same period last year+43.5%
Alternative Data Services
Operating revenue
¥45 million
Year on year against the same period last year+4.1%
Medium-term management plan targets
Operating revenue
¥15,000 million
Target fiscal year2030
Operating profit
¥3,000 million
Target fiscal year2030
Market Size / Share
Direct Recruiting Market
¥1,500 100 million
Recruitment Placement Market
¥6,000 100 million
Number of employees
158 people
As ofEnd of March 2026
Annual Dividend
¥9
Interim4.5
End of period4.5
Payout ratio
20| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥1,376 million (YoY +31.5%) |
| Operating profit | ¥504 million (YoY +55.4%) |
| Ordinary income | ¥511 million (YoY +56.6%) |
| Net income | ¥352 million (YoY +57.8%) |
| Operating profit margin | 36.7 % |
| Results for the three months of the current quarter | Operating revenue ¥1,376 million / Operating profit ¥504 million / Ordinary income ¥511 million / Net income ¥352 million |
| Progress against full-year forecast | Operating revenue 24.2 % / OpenWork 27 % / OpenWork Recruiting 23.5 % / Alternative Data Services 20.8 % / Operating profit 34.8 % / Ordinary income 35.3 % / Net income for the current fiscal year 36.5 % / Operating Expenses 20.2 % |
| Self-assessment against the plan | Operating profit exceeded the plan, but full-year results are expected to be in line with the plan |
| Segment results | OpenWork Operating revenue ¥335 million / yoy_pct 8.3 / OpenWork Recruiting Operating revenue ¥995 million / yoy_pct 43.5 / Alternative Data Services Operating revenue ¥45 million / yoy_pct 4.1 |
| Key KPIs | Cumulative registered users 796 10,000 people (YoY +11.0%), Cumulative employee review and rating scores 2,120 ten thousand items (YoY +12.2%), Cumulative customer deployments 6,385 companies (YoY +10.2%), Number of job openings 13.4 ten thousand items (YoY +58.5%), Registered web résumé users 175 10,000 people (YoY +21.4%) |
| Number of employees | 158 people |
| Medium-term management plan targets | Operating revenue ¥15,000 million / Operating profit ¥3,000 million |
| Annual Dividend | ¥9 |
| Payout ratio | 20 |
| Market Size / Share | Direct Recruiting Market ¥1,500 100 million / Recruitment Placement Market ¥6,000 100 million |
| Key points of the Q&A | The impact of the situation in the Middle East is not currently significant enough to warrant changing the earnings targets, but it could have an impact if hiring declines or is suspended., BNGパートナーズ will be consolidated from April 2026, and its results will be disclosed beginning with the second-quarter earnings., Operating profit is temporarily exceeding the plan because advertising investment was deferred to the second half, but the planned level of investment will be made for the full year., The increase in contract liabilities was driven by expanded sales of the base fee under the new plan and optional services., Specific services and KPIs for achieving the medium-term targets are currently being developed internally, and disclosure will be considered at an appropriate time. |
| New initiatives | Acquisition of all shares of BNGパートナーズ and addition to the group, Launch of a recruitment placement service from the second quarter of 2026 using OpenWork data and BNGパートナーズ' expertise, Change to a shareholder return policy that includes the payment of the first dividend and targets a consolidated dividend payout ratio of approximately 20%, Full-scale promotion of roll-up M&A involving recruitment placement companies |
Items this document does not state (12)
Gross Profit MarginSelling, general and administrative expensesFull-year earnings forecastBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesCapital expendituresOrders 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.Operating revenue from OpenWork Recruiting increased 43.5% year on year, driving overall company growth. Operating profit temporarily exceeded the plan because part of the advertising investment was shifted to the second half of the fiscal 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.
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.