Worth reading
30Immaterial
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
108
¥ millionWording
Conditional
How definitive the wording is.Contents of this document
Summary of Q&AFiscal year ending March 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net SalesUp 18.3% year on year+18.3%
Operating profit¥108 million
Gross Profit Margin
Rate15.4％
Year-on-year change (points)Year-on-year change: Not disclosed. Exceeded the planned 15.1%.
Full-year earnings forecastNumerical guidance for the fiscal year ending March 2027 is Not disclosed. The forecast is based solely on organic growth and does not include potential future revenue or profit contributions from M&A.
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Operating profit exceeded the initial plan.Key points of the Q&AKey questions raised by investors at the briefing and the company's answers
- Reasons operating profit exceeded the plan: optimization of engineer utilization, selective acceptance of projects, improved gross margins, and more efficient selling, general and administrative expenses
- M&A synergies with QSD: joint proposals have begun generating orders, and revenue contributions are expected in the fiscal year ending March 2027
- Impact of the increase in accounts: engineer sourcing and matching capabilities improved, expanding the SAM to ¥5.3 trillion
- M&A contribution to the forecast for the fiscal year ending March 2027: future M&A is excluded and could become an upside factor if transactions are completed
- Outlook for Tracis: building on its implementation track record at Value Design, the company is pursuing cooperation with infrastructure partners and a freemium offering
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Optimization of in-house engineer utilization, selective acceptance of higher-value projects, improved gross margins on business partner projects, and more efficient selling, general and administrative expenses
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The forecast for the fiscal year ending March 2027 is based solely on organic growth and excludes future M&A.New initiatives
- Winning projects through joint proposals with QSD
- Considering business support services for other companies in the same industry using the business partner engineer database
- Launching the SaaS-based AI agent Tracis and developing a freemium offering
- Considering collaboration with major domestic cloud providers and other infrastructure partners
Key KPIsA metric the company considers important as a management benchmark.
The number of accounts increased. The figure is Not disclosed.Market Size / Share
Serviceable available market (SAM) of ¥5.3 trillion| Item | Details |
|---|---|
| Document type | Summary of Q&A |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | Up 18.3% year on year (YoY +18.3%) |
| Operating profit | ¥108 million |
| Gross Profit Margin | Rate 15.4％ / Year-on-year change (points) Year-on-year change: Not disclosed. Exceeded the planned 15.1%. |
| Full-year earnings forecast | Numerical guidance for the fiscal year ending March 2027 is Not disclosed. The forecast is based solely on organic growth and does not include potential future revenue or profit contributions from M&A. |
| Self-assessment against the plan | Operating profit exceeded the initial plan. |
| Breakdown of Factors Affecting the Change | Optimization of in-house engineer utilization, selective acceptance of higher-value projects, improved gross margins on business partner projects, and more efficient selling, general and administrative expenses |
| Key KPIs | The number of accounts increased. The figure is Not disclosed. |
| Assumptions Underlying the Business Outlook | The forecast for the fiscal year ending March 2027 is based solely on organic growth and excludes future M&A. |
| Market Size / Share | Serviceable available market (SAM) of ¥5.3 trillion |
| Key points of the Q&A | Reasons operating profit exceeded the plan: optimization of engineer utilization, selective acceptance of projects, improved gross margins, and more efficient selling, general and administrative expenses, M&A synergies with QSD: joint proposals have begun generating orders, and revenue contributions are expected in the fiscal year ending March 2027, Impact of the increase in accounts: engineer sourcing and matching capabilities improved, expanding the SAM to ¥5.3 trillion, M&A contribution to the forecast for the fiscal year ending March 2027: future M&A is excluded and could become an upside factor if transactions are completed, Outlook for Tracis: building on its implementation track record at Value Design, the company is pursuing cooperation with infrastructure partners and a freemium offering |
| New initiatives | Winning projects through joint proposals with QSD, Considering business support services for other companies in the same industry using the business partner engineer database, Launching the SaaS-based AI agent Tracis and developing a freemium offering, Considering collaboration with major domestic cloud providers and other infrastructure partners |
Items this document does not state (18)
Ordinary incomeNet incomeOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition 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.The company explained that the results reflected the successful optimization of in-house engineer utilization, selective acceptance of higher-value projects, improved gross margins on business partner projects, and more efficient selling, general and administrative expenses through the development of an integrated operating structure.
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.