Worth reading
55In focus
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
1322
¥ millionWording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending March 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥4,345 million+43.8%
Operating profit¥394 million
Ordinary income¥344 million
Net income¥304 million
Gross Profit Margin32.1%
Operating profit margin9.1%
Selling, general and administrative expenses¥999 million
Results for the three months of the current quarterThree-month results for the quarter: revenue ¥4,345 million, gross profit ¥1,393 million, SG&A expenses ¥999 million, operating income ¥394 million, ordinary income ¥344 million, net income attributable to owners of the parent ¥304 million, and EBITDA ¥1,045 million, all on a consolidated basis
Full-year earnings forecast
Net Sales
¥16,535 million
Gross profit
¥5,149 million
Selling, general and administrative expenses
¥4,317 million
Operating profit
¥831 million
Ordinary income
¥737 million
Net income
¥600 million
EBITDA
¥3,491 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 Sales26.3%
Gross profit27.1%
Selling, general and administrative expenses23.1%
Operating profit47.4%
Ordinary income46.7%
Net income50.6%
EBITDA29.9%
Recurring income22.5%
Transaction-based revenue38.7%
New Businesses23.3%
Consolidated Subsidiaries25.1%
Center Usage Fees22.7%
QR and Barcode Processing Fees22.3%
Registration and setup fees22.5%
Payment Terminal Sales41.0%
Development revenue31.5%
Certification fees23.6%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net SalesStock revenue +¥196 million, flow revenue +¥942 million, new businesses +¥11 million, consolidated subsidiaries +¥172 million
Operating profitStock gross profit +¥101 million, flow gross profit +¥344 million, new-business gross profit +¥2 million, indirect costs +¥38 million, company-wide SG&A expenses +¥92 million, year-on-year increase in operating income +¥576 million (by service, standalone basis)
Selling, general and administrative expensesPersonnel expenses ¥281 million, rent expenses ¥56 million, outsourcing expenses ¥51 million, depreciation ¥48 million, other ¥561 million (Q1 FY2027)
New initiatives
- Toyota Finance adopted the all-in-one mobile payment terminal UT-P11, and delivery was completed
- Began providing QR and barcode payment gateway services at Toyota dealerships and other locations
- Providing transit electronic money and WAON to Hiroshima Electric Railway through MOBIRY DAYS
- Providing electronic money services for Square's new terminals
- Introducing payment services for vending machines through collaboration with NEC
- Jointly developing the official app for DearOne and the Saint Marc Group
- Began discussions and consideration with Minna Bank regarding the rollout of embedded finance and other services for the retail sector
Key KPIsA metric the company considers important as a management benchmark.
- Payment processing value (GMV)¥1.4 trillionYear on year against the same period last year+1.8%
- Payment processing volume7.2 100 million transactionsYear on year against the same period last year+2.0%
- Number of active connected terminals124 10,000 unitsYear on year against the same period last year+120,000 terminals
- Number of supported brands43 Brand
- Usage-based billing ratio of stock revenue52.7%Year on year against the same period last yearIncreased from 45.7%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
The materials present trends in revenue per terminal, comprising fixed and usage-based revenue. The specific figure for Q1 FY2027 was not disclosedSegment results
Recurring income
Sales
¥2,434 million
Year on year against the same period last year+8.8%
Transaction-based revenue
Sales
¥1,328 million
Year on year against the same period last year+244.1%
New Businesses
Sales
¥60 million
Year on year against the same period last year+23.1%
Consolidated Subsidiaries
Sales
¥522 million
Year on year against the same period last year+49.4%
Market Size / Share
Japan's cashless payment value¥162 trillion in 2025 (¥162.7 trillion in the chart in the materials)
Domestic cashless payment ratio58.0% in 2025
TMN payment processing value share1.1% (stated as a share of Japan's cashless payment value in 2025)
Store and merchant terminal marketApproximately 4 million units
Vending machine and payment machine marketApproximately 4 million units
Number of stores and locations
Number of locations at period endHead office, Kansai Office, Niigata Office
Number of employees
Number of Employees296 People
As ofAs of March 2026 (standalone basis)
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥4,345 million (YoY +43.8%) |
| Operating profit | ¥394 million |
| Ordinary income | ¥344 million |
| Net income | ¥304 million |
| Gross Profit Margin | 32.1% |
| Operating profit margin | 9.1% |
| Selling, general and administrative expenses | ¥999 million |
| Results for the three months of the current quarter | Three-month results for the quarter: revenue ¥4,345 million, gross profit ¥1,393 million, SG&A expenses ¥999 million, operating income ¥394 million, ordinary income ¥344 million, net income attributable to owners of the parent ¥304 million, and EBITDA ¥1,045 million, all on a consolidated basis |
| Full-year earnings forecast | Net Sales ¥16,535 million / Gross profit ¥5,149 million / Selling, general and administrative expenses ¥4,317 million / Operating profit ¥831 million / Ordinary income ¥737 million / Net income ¥600 million / EBITDA ¥3,491 million |
| Progress against full-year forecast | Net Sales 26.3% / Gross profit 27.1% / Selling, general and administrative expenses 23.1% / Operating profit 47.4% / Ordinary income 46.7% / Net income 50.6% / EBITDA 29.9% / Recurring income 22.5% / Transaction-based revenue 38.7% / New Businesses 23.3% / Consolidated Subsidiaries 25.1% / Center Usage Fees 22.7% / QR and Barcode Processing Fees 22.3% / Registration and setup fees 22.5% / Payment Terminal Sales 41.0% / Development revenue 31.5% / Certification fees 23.6% |
| Segment results | Recurring income Sales ¥2,434 million / yoy_pct 8.8 / Transaction-based revenue Sales ¥1,328 million / yoy_pct 244.1 / New Businesses Sales ¥60 million / yoy_pct 23.1 / Consolidated Subsidiaries Sales ¥522 million / yoy_pct 49.4 / Segment breakdown of operating income Not disclosed |
| Breakdown of Factors Affecting the Change | Net Sales Stock revenue +¥196 million, flow revenue +¥942 million, new businesses +¥11 million, consolidated subsidiaries +¥172 million / Operating profit Stock gross profit +¥101 million, flow gross profit +¥344 million, new-business gross profit +¥2 million, indirect costs +¥38 million, company-wide SG&A expenses +¥92 million, year-on-year increase in operating income +¥576 million (by service, standalone basis) / Selling, general and administrative expenses Personnel expenses ¥281 million, rent expenses ¥56 million, outsourcing expenses ¥51 million, depreciation ¥48 million, other ¥561 million (Q1 FY2027) |
| Key KPIs | Payment processing value (GMV) ¥1.4 trillion, Payment processing volume 7.2 100 million transactions, Number of active connected terminals 124 10,000 units, Number of supported brands 43 Brand, Usage-based billing ratio of stock revenue 52.7% |
| Unit price and quantity metrics | The materials present trends in revenue per terminal, comprising fixed and usage-based revenue. The specific figure for Q1 FY2027 was not disclosed |
| Number of stores and locations | Number of locations at period end Head office, Kansai Office, Niigata Office / Number of store openings and closures during the period Not disclosed |
| Number of employees | Number of Employees 296 People / As of As of March 2026 (standalone basis) / Changes during the period and hiring plan Not disclosed |
| Market Size / Share | Japan's cashless payment value ¥162 trillion in 2025 (¥162.7 trillion in the chart in the materials) / Domestic cashless payment ratio 58.0% in 2025 / TMN payment processing value share 1.1% (stated as a share of Japan's cashless payment value in 2025) / Store and merchant terminal market Approximately 4 million units / Vending machine and payment machine market Approximately 4 million units |
| New initiatives | Toyota Finance adopted the all-in-one mobile payment terminal UT-P11, and delivery was completed, Began providing QR and barcode payment gateway services at Toyota dealerships and other locations, Providing transit electronic money and WAON to Hiroshima Electric Railway through MOBIRY DAYS, Providing electronic money services for Square's new terminals, Introducing payment services for vending machines through collaboration with NEC, Jointly developing the official app for DearOne and the Saint Marc Group, Began discussions and consideration with Minna Bank regarding the rollout of embedded finance and other services for the retail sector |
Items this document does not state (11)
Self-assessment against the planAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual 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 primary reasons were payment terminal sales revenue shifted from the second half of the previous fiscal year, higher QR and barcode settlement fees, and a substantial decrease in outsourcing expenses following completion of the data center relocation.
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.