Worth reading
80Important
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
26
¥ million (full-year revenue forecast revision)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportThird quarter of the fiscal year ending June 202612 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,781 million+22.1%
Operating profit¥130 million-41.5%
Ordinary income¥145 million-35.2%
Net income¥95 million-35.6%
Selling, general and administrative expenses¥583 million, up 57.8% year on year
Operating profit margin7.3%, down 8.0 percentage points year on year
Results for the three months of the current quarterRevenue was ¥687 million, up 31.5% year on year, and operating profit was ¥32 million, down 67.0%. Revenue by service was ¥389 million for クロステクノロジー, up 27.0%; ¥249 million for MSP, up 41.8%; and ¥48 million for プロダクト, up 20.1%.
Full-year earnings forecastRevenue of ¥2,353 million, ¥1,265 million for クロステクノロジー, ¥918 million for MSP, ¥170 million for プロダクト, operating profit of ¥9 million, ordinary profit of ¥24 million, and net income of ¥17 million. Operating margin: 0.4%.
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。Revenue: 75.7%; クロステクノロジー: 76.1%; MSP: 74.2%; プロダクト: 81.0%. Operating profit, ordinary profit, and net income are not shown because the amounts are immaterial. Progress on重点 investments was 64.5% for AI-Native, 79.1% for space, 49.7% for education and human resources, 64.5% in total, and 16.9% for M&A. KPI progress was 79.7% for revenue per engineer, 80.2% for average customer spending, and 84.4% for the number of customers.
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Full-year revenue is expected to exceed the initial plan. Profit at each level is also expected to exceed the initial plan.重点 investments are generally progressing smoothly, and investment is expected to proceed as planned in the fourth quarter.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Year-on-year change in operating profit: revenue growth +¥322 million, investment in human resources -¥188 million, growth investments -¥73 million, and other expenses -¥153 million.
New initiatives
A full transition to an AI-Native development process; investment in generative AI tools; employee secondments to JAXA for the space business; development of a satellite monitoring dashboard; the launch of an entry and exit notification system for Nerima Ward combining IoT devices with sigfy; making 天郷醸造所 an affiliate; and pursuing M&A.Key KPIsA metric the company considers important as a management benchmark.
120 employees and 85 engineers. Revenue per engineer was ¥11,163 thousand, up 2.6% year on year; average customer spending was ¥16,048 thousand, up 8.4%; and the number of customers was 135, up 10. The number of pull requests at the end of the third quarter was up 36% from the end of the second quarter.Unit price and quantity metricsThese figures show sales broken down by price and volume.
Average customer spending was ¥16,048 thousand, up 8.4% year on year, and the number of customers was 135, up 10 year on year.Segment results
クロステクノロジー: revenue of ¥962 million, up 19.3% year on year. MSP: ¥680 million, up 26.8%. プロダクト (360・sigfy): ¥138 million, up 19.9%.Medium-term management plan targets
For the fiscal year ending June 2028, revenue of at least ¥5 billion and operating profit of at least ¥750 million, with a CAGR of at least 40% for both.Market Size / Share
The global space technology market is ¥54 trillion, including ¥7.4 trillion for software. Japan's space industry market is ¥4 trillion, including ¥500 billion for software. The domestic DX market was ¥5,275.9 billion in 2024 and is projected to reach ¥9,266.6 billion in 2030, representing a CAGR of 9.8%.Orders received and order backlog
Order intake and order backlog amounts were not disclosed. In the space field, 8 projects for 6 companies are underway.Number of stores and locations
Head office and Tokyo branch. The Tokyo branch was opened, but the number of locations at period-end and the number of openings and closures during the period were not disclosed.Number of employees
120 employees and 85 engineers. Engineering resources increased 16.9% year on year. The fourth-quarter outlook is 147 employees, including 97 engineers.Gross profit
¥714 million, gross profit margin of 40.1%, down 0.6 percentage points year on year| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Third quarter of the fiscal year ending June 2026 |
| Net Sales | ¥1,781 million (YoY +22.1%) |
| Operating profit | ¥130 million (YoY -41.5%) |
| Ordinary income | ¥145 million (YoY -35.2%) |
| Net income | ¥95 million (YoY -35.6%) |
| Gross profit | ¥714 million, gross profit margin of 40.1%, down 0.6 percentage points year on year |
| Operating profit margin | 7.3%, down 8.0 percentage points year on year |
| Selling, general and administrative expenses | ¥583 million, up 57.8% year on year |
| Results for the three months of the current quarter | Revenue was ¥687 million, up 31.5% year on year, and operating profit was ¥32 million, down 67.0%. Revenue by service was ¥389 million for クロステクノロジー, up 27.0%; ¥249 million for MSP, up 41.8%; and ¥48 million for プロダクト, up 20.1%. |
| Full-year earnings forecast | Revenue of ¥2,353 million, ¥1,265 million for クロステクノロジー, ¥918 million for MSP, ¥170 million for プロダクト, operating profit of ¥9 million, ordinary profit of ¥24 million, and net income of ¥17 million. Operating margin: 0.4%. |
| Progress against full-year forecast | Revenue: 75.7%; クロステクノロジー: 76.1%; MSP: 74.2%; プロダクト: 81.0%. Operating profit, ordinary profit, and net income are not shown because the amounts are immaterial. Progress on重点 investments was 64.5% for AI-Native, 79.1% for space, 49.7% for education and human resources, 64.5% in total, and 16.9% for M&A. KPI progress was 79.7% for revenue per engineer, 80.2% for average customer spending, and 84.4% for the number of customers. |
| Self-assessment against the plan | Full-year revenue is expected to exceed the initial plan. Profit at each level is also expected to exceed the initial plan.重点 investments are generally progressing smoothly, and investment is expected to proceed as planned in the fourth quarter. |
| Segment results | クロステクノロジー: revenue of ¥962 million, up 19.3% year on year. MSP: ¥680 million, up 26.8%. プロダクト (360・sigfy): ¥138 million, up 19.9%. |
| Breakdown of Factors Affecting the Change | Year-on-year change in operating profit: revenue growth +¥322 million, investment in human resources -¥188 million, growth investments -¥73 million, and other expenses -¥153 million. |
| Key KPIs | 120 employees and 85 engineers. Revenue per engineer was ¥11,163 thousand, up 2.6% year on year; average customer spending was ¥16,048 thousand, up 8.4%; and the number of customers was 135, up 10. The number of pull requests at the end of the third quarter was up 36% from the end of the second quarter. |
| Unit price and quantity metrics | Average customer spending was ¥16,048 thousand, up 8.4% year on year, and the number of customers was 135, up 10 year on year. |
| Number of stores and locations | Head office and Tokyo branch. The Tokyo branch was opened, but the number of locations at period-end and the number of openings and closures during the period were not disclosed. |
| Number of employees | 120 employees and 85 engineers. Engineering resources increased 16.9% year on year. The fourth-quarter outlook is 147 employees, including 97 engineers. |
| Medium-term management plan targets | For the fiscal year ending June 2028, revenue of at least ¥5 billion and operating profit of at least ¥750 million, with a CAGR of at least 40% for both. |
| Orders received and order backlog | Order intake and order backlog amounts were not disclosed. In the space field, 8 projects for 6 companies are underway. |
| Market Size / Share | The global space technology market is ¥54 trillion, including ¥7.4 trillion for software. Japan's space industry market is ¥4 trillion, including ¥500 billion for software. The domestic DX market was ¥5,275.9 billion in 2024 and is projected to reach ¥9,266.6 billion in 2030, representing a CAGR of 9.8%. |
| New initiatives | A full transition to an AI-Native development process; investment in generative AI tools; employee secondments to JAXA for the space business; development of a satellite monitoring dashboard; the launch of an entry and exit notification system for Nerima Ward combining IoT devices with sigfy; making 天郷醸造所 an affiliate; and pursuing M&A. |
Items this document does not state (8)
Assumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresKey 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 was driven by クロステクノロジー and MSP, with MSP's AWS resale revenue increasing. On the earnings side, personnel expenses, recruitment costs, advertising expenses, and internal infrastructure costs increased as the company strengthened hiring and invested in growth areas including generative AI, space, and products. Nevertheless, the full-year forecasts were revised upward based on an expected improvement in the gross profit margin and subsidy income, among other factors.
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.