Revised forecast
Fiscal year ending November 2026 · Full yearPrevious forecast published 14 July 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
In light of the continued strong performance of the personal authentication business, centered on LIQUID eKYC, sales have been revised to the upper end of the previous forecast range. Operating profit and EBITDA have also been revised to the upper end of the range, while the company plans to record performance-linked stock compensation expense in the fourth quarter and invest actively in its products to maximize profits over the medium to long term.
| Item | Details |
|---|---|
| Net Sales | 5,600～5,700 → 5,700 Millions of yen（0.0～+1.8） |
| Operating profit | 300～400 → 400 Millions of yen（0.0～+33.3） |
| Ordinary income | 200～300 → 300 Millions of yen（0.0～+50.0） |
| Profit attributable to owners of the parent | 200～300 → 300 Millions of yen（0.0～+50.0） |
| Net income per share | 7.34～11.01 → 11.03 yen and sen（+0.2～+50.3） |
| Fiscal Period Covered | Fiscal year ending November 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 July 2026 |
| Previous-period results | Sales ¥3,895 million, EBITDA ¥270 million, operating loss ¥215 million, ordinary loss ¥301 million, net loss attributable to owners of the parent ¥700 million, loss per share ¥28.14 |
| Reason for the revision | In light of the continued strong performance of the personal authentication business, centered on LIQUID eKYC, sales have been revised to the upper end of the previous forecast range. Operating profit and EBITDA have also been revised to the upper end of the range, while the company plans to record performance-linked stock compensation expense in the fourth quarter and invest actively in its products to maximize profits over the medium to long term. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
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 personal authentication business, centered on LIQUID eKYC, continues to perform well. In the fourth quarter, the company will record performance-linked stock compensation expense and plans to invest actively in its products to maximize profits over the medium to long term.