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Financial Results Presentation5246ELEMENTS,Inc.Information and Communications, Services and Others

Financial Results Briefing Materials for the Second Quarter of the Fiscal Year Ending November 2026

In the second quarter of the fiscal year ending November 2026, quarterly and cumulative revenue reached record highs, driven by the consolidation of ポラリファイ and strong performance by LIQUID eKYC. Operating income and net income also turned profitable. Based on strong first-half results, the full-year revenue and earnings forecasts were revised upward.

Worth reading
53Recurring
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
177
¥ millions (year-on-year increase in quarterly operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial Results PresentationSecond quarter of the fiscal year ending November 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales2,799 Millions of yen+66.0%
Operating profit327 Millions of yen+1,824.0%
Net income297 Millions of yen
Selling, general and administrative expenses1,849 Millions of yen
Gross Profit Margin
Rate77.8 %
Year-on-year change (points)-4.1 %
Three months of the current quarter
Rate79.4 %
Year-on-year change (points)2.4 %
Full-year earnings forecast
Net Sales
5,600～5,700
Gross profit
4,350～4,450
Selling, general and administrative expenses
4,050～4,100
EBITDA
1,100～1,200
Operating profit
300～400
Profit attributable to owners of the parent
200～300
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Finished above plan
New initiatives
  • Launch of a partnership with Seven Bank and expansion of use cases for the LIQUID series
  • Launch of domestic sales of AiQ PERMISSION
  • Selection for a NEDO public solicitation and research and development, including the construction of a data ecosystem
  • Strengthening the GPU management business and ELEMENTS CLOUD
  • Proactive investment in products in the second half
Key KPIsA metric the company considers important as a management benchmark.
  • Cumulative number of contracted companies711 companies
    Quarter-on-quarter change+29 companies
  • Domestic eKYC market share rankingNo. 1 for 7 consecutive years
Medium-term management plan targets
Medium-Term PolicyAchieve high revenue growth
Revenue growth+30％
Financial targets for the fiscal year ending November 2026
Net Sales¥5,100–5,300 million
Personal authentication revenue¥5,075–5,275 million
EBITDA¥800–1,000 million
Operating profit¥0–200 million
Financial targets
Sales growth rate+30％
Equity ratio
52 %
Actual resultsYes
EBITDA
800～1,000
Target fiscal yearFiscal year ending November 2026
Operating profit
0～200
Target fiscal yearFiscal year ending November 2026
Market Size / Share
eKYC market shareNo. 1 for 7 consecutive years
Number of employees
Number of Employees105 People
As ofEnd of May 2026
Three months of the current quarter
Net Sales
1,507 Millions of yen+55.0%
Gross profit
1,196 Millions of yen+59.0%
Selling, general and administrative expenses
988 Millions of yen+37.0%
EBITDA
383 Millions of yen+159.0%
Operating profit
207 Millions of yen+590.0%
Profit attributable to owners of the parent
196 Millions of yen
Contents of this document
ItemDetails
Document typeFinancial Results Presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending November 2026
Net Sales2,799 Millions of yen (YoY +66.0%)
Operating profit327 Millions of yen (YoY +1,824.0%)
Net income297 Millions of yen
Gross Profit MarginRate 77.8 % / Year-on-year change (points) -4.1 % / Three months of the current quarter Rate 79.4 % / Year-on-year change (points) 2.4 %
Selling, general and administrative expenses1,849 Millions of yen
Three months of the current quarterNet Sales 1,507 Millions of yen (YoY +55.0%) / Gross profit 1,196 Millions of yen (YoY +59.0%) / Selling, general and administrative expenses 988 Millions of yen (YoY +37.0%) / EBITDA 383 Millions of yen (YoY +159.0%) / Operating profit 207 Millions of yen (YoY +590.0%) / Profit attributable to owners of the parent 196 Millions of yen
Full-year earnings forecastNet Sales 5,600～5,700 / Gross profit 4,350～4,450 / Selling, general and administrative expenses 4,050～4,100 / EBITDA 1,100～1,200 / Operating profit 300～400 / Profit attributable to owners of the parent 200～300
Self-assessment against the planFinished above plan
Key KPIsIndicator name Cumulative number of contracted companies / Value 711 companies / Year on year against the same period last year Not disclosed / Quarter-on-quarter change +29 companies, Indicator name Domestic eKYC market share ranking / Value No. 1 for 7 consecutive years / Year on year against the same period last year Not disclosed
Number of employeesNumber of Employees 105 People / As of End of May 2026 / Changes during the period and hiring plan Not disclosed
Medium-term management plan targetsMedium-Term Policy Achieve high revenue growth / Revenue growth +30％ / Target fiscal year Not disclosed / Financial targets for the fiscal year ending November 2026 Net Sales ¥5,100–5,300 million / Personal authentication revenue ¥5,075–5,275 million / EBITDA ¥800–1,000 million / Operating profit ¥0–200 million
Financial targetsSales growth rate +30％ / Equity ratio 52 % / EBITDA 800～1,000 / Operating profit 0～200
Market Size / ShareeKYC market share No. 1 for 7 consecutive years / Market Size Not disclosed
New initiativesLaunch of a partnership with Seven Bank and expansion of use cases for the LIQUID series, Launch of domestic sales of AiQ PERMISSION, Selection for a NEDO public solicitation and research and development, including the construction of a data ecosystem, Strengthening the GPU management business and ELEMENTS CLOUD, Proactive investment in products in the second half
Items this document does not state (15)
Ordinary incomeOperating profit marginProgress against full-year forecastSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey 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.

The stated reasons were the consolidation of ポラリファイ, strong performance by LIQUID eKYC, reductions in communications and personnel expenses from ポラリファイ PMI, and lower investment expenditures following a change in the investment strategy. In the second half, the company plans to incur performance-linked share-based compensation expenses and make proactive investments in products.

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.
Financial Results Briefing Materials for the Second Quarter of the Fiscal Year Ending November 2026 | ELEMENTS,Inc. (5246) timely disclosure | Komori