Worth reading
72In focus
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
17.2
Year-on-year change in net sales (%)Wording
Definitive
How definitive the wording is.Contents of this document
Results presentationSecond quarter (interim period) of the fiscal year ending March 20279 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥8,625 million+17.2%
Operating profit¥1,027 million-4.4%
Ordinary income¥950 million-3.8%
Net income¥535 million-15.2%
Gross Profit Margin91.6 %
Operating profit margin11.9 %
Results for the three months of the current quarter
Net Sales
¥4,525 million
Operating profit
¥543 million
Full-year earnings forecast
Net Sales
¥16,500 million
Gross profit
¥14,820 million
Operating profit
¥1,980 million
Ordinary income
¥1,830 million
Net income attributable to owners of the parent
¥1,160 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 Sales52.3 %
Operating profit51.9 %
Ordinary income51.9 %
Net income attributable to owners of the parent46.1 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing smoothly in line with the initial planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Revenue recorded by Miris¥1,019 million
- Increase in revenue¥1,267 million
- Increase in cost of sales¥-20 million
- Decrease in point-related expenses¥81 million
- Decrease in payment processing fees¥134 million
- Decrease in advertising and promotion expenses¥42 million
- Increase in sales promotion expenses¥-37 million
- Increase in personnel and related expenses¥-94 million
- Increase in fees paid¥-119 million
- Increase in other SG&A expenses¥-16 million
- Increase in investment in new businesses¥-386 million
- SG&A expenses recorded by Miris¥-780 million
- Increase in amortization of goodwill¥-120 million
New initiatives
- Acquisition of all Miris shares and making Miris a consolidated subsidiary
- Launch of general sales of SABERA, the smart glasses (AR glasses) business
- Change in the shareholder return policy from total payout ratio of at least 30% to at least 40%
- Implementation of a treasury share repurchase
Key KPIsA metric the company considers important as a management benchmark.
- Paying unique usersYear on year against the same period last year-7.1%Quarter-on-quarter change-4.9
- ARPPU33,087 YenYear on year against the same period last year+8.1%Quarter-on-quarter change4.5
- UU ratio for major content distribution8.1 %Year on year against the same period last year+7.5%
- Average number of viewers who watched for 10 minutes or more13.2 people
- Cumulative number of Miris users
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Paying unique usersDown 4.9% quarter on quarter and down 7.1% year on year
ARPPU¥33,087, up 4.5% quarter on quarter and up 8.1% year on year
Number of employees
Number of Employees165 People
Comparison131 people as of 31 March 2026
Capital expenditures
¥571 million payments for the acquisition of property, plant and equipment
Payout ratio
10 %
Supplementary informationDividend payout ratio of at least 10%; total payout ratio of at least 40%
Acquisition of treasury shares
Maximum number of shares to be repurchased1,200,000
Share unitshares
Maximum purchase price280
Amount unit¥ million
Period26 August 2026 to 24 December 2026
Shares acquired as of 12 November 2026684,900
Acquisition cost121.8
| Item | Details |
|---|---|
| Document type | Results presentation |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending March 2027 |
| Net Sales | ¥8,625 million (YoY +17.2%) |
| Operating profit | ¥1,027 million (YoY -4.4%) |
| Ordinary income | ¥950 million (YoY -3.8%) |
| Net income | ¥535 million (YoY -15.2%) |
| Gross Profit Margin | 91.6 % |
| Operating profit margin | 11.9 % |
| Results for the three months of the current quarter | Net Sales ¥4,525 million / Operating profit ¥543 million |
| Full-year earnings forecast | Net Sales ¥16,500 million / Gross profit ¥14,820 million / Operating profit ¥1,980 million / Ordinary income ¥1,830 million / Net income attributable to owners of the parent ¥1,160 million |
| Progress against full-year forecast | Net Sales 52.3 % / Operating profit 51.9 % / Ordinary income 51.9 % / Net income attributable to owners of the parent 46.1 % |
| Self-assessment against the plan | Progressing smoothly in line with the initial plan |
| Breakdown of Factors Affecting the Change | Factors Revenue recorded by Miris / Amount ¥1,019 million, Factors Increase in revenue / Amount ¥1,267 million, Factors Increase in cost of sales / Amount ¥-20 million, Factors Decrease in point-related expenses / Amount ¥81 million, Factors Decrease in payment processing fees / Amount ¥134 million, Factors Decrease in advertising and promotion expenses / Amount ¥42 million, Factors Increase in sales promotion expenses / Amount ¥-37 million, Factors Increase in personnel and related expenses / Amount ¥-94 million, Factors Increase in fees paid / Amount ¥-119 million, Factors Increase in other SG&A expenses / Amount ¥-16 million, Factors Increase in investment in new businesses / Amount ¥-386 million, Factors SG&A expenses recorded by Miris / Amount ¥-780 million, Factors Increase in amortization of goodwill / Amount ¥-120 million |
| Key KPIs | Indicator name Paying unique users / Value Not disclosed / Year on year against the same period last year -7.1 people / Quarter-on-quarter change -4.9 people, Indicator name ARPPU / Value 33,087 Yen / Year on year against the same period last year 8.1 Yen / Quarter-on-quarter change 4.5 Yen, Indicator name UU ratio for major content distribution / Value 8.1 % / Year on year against the same period last year 7.5 %, Indicator name Average number of viewers who watched for 10 minutes or more / Value 13.2 people / Year on year against the same period last year Not disclosed, Indicator name Cumulative number of Miris users / Value Not disclosed / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Paying unique users Down 4.9% quarter on quarter and down 7.1% year on year / ARPPU ¥33,087, up 4.5% quarter on quarter and up 8.1% year on year |
| Number of employees | Number of Employees 165 People / Comparison 131 people as of 31 March 2026 |
| Payout ratio | Value 10 % / Supplementary information Dividend payout ratio of at least 10%; total payout ratio of at least 40% |
| Acquisition of treasury shares | Maximum number of shares to be repurchased 1,200,000 / Share unit shares / Maximum purchase price 280 / Amount unit ¥ million / Period 26 August 2026 to 24 December 2026 / Shares acquired as of 12 November 2026 684,900 / Acquisition cost 121.8 |
| Capital expenditures | ¥571 million (payments for the acquisition of property, plant and equipment) |
| New initiatives | Acquisition of all Miris shares and making Miris a consolidated subsidiary, Launch of general sales of SABERA, the smart glasses (AR glasses) business, Change in the shareholder return policy from total payout ratio of at least 30% to at least 40%, Implementation of a treasury share repurchase |
Items this document does not state (11)
Selling, general and administrative expensesSegment resultsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendOrders 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 due to growth in existing businesses, Miris becoming a consolidated subsidiary and the recognition of revenue from the smart glasses business. Operating profit declined due to higher sales promotion expenses, development costs, personnel expenses, investment in new businesses, and Miris's selling, general and administrative expenses and amortisation of goodwill.
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.