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Financial results presentation5571Excite Holdings Co.,Ltd.Information and Communications, Services and Others

FY2025 Q2 Results Briefing Materials

For the second quarter of the fiscal year ending March 2025, revenue increased, led by the Counseling, Media and SaaS businesses, while EBITDA and operating profit also increased despite higher advertising and promotional expenses and personnel expenses. Following the acquisition and consolidation of ONE MEDICAL, the company raised its full-year revenue forecast by ¥500 million and lowered its forecasts for ordinary profit and net income due to the recognition of loan arrangement fees.

Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
500
¥ million (increase in full-year revenue forecast)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentation2025年3月期 第2四半期10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,110 million+11.7%
Operating profit¥133 million+5.1%
Ordinary income¥140 million+5.7%
Net income¥112 million +26.2%profit attributable to owners of the parent
Gross Profit Margin50.6%
Operating profit margin6.3%
Results for the three months of the current quarter
Net Sales2,110百万円（前年同期比+11.7%）
EBITDA200百万円（同+12.5%）
Operating profit133百万円（同+5.1%）
Ordinary income140百万円（同+5.7%）
Profit attributable to owners of parent for the quarter112百万円（同+26.2%）
Full-year earnings forecast
Net Sales¥9,000 million
EBITDA840～890百万円
Operating profit450～500百万円
Ordinary income320～370百万円
Profit attributable to owners of the parent140～180百万円
Annual Dividend¥30
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 Sales48.6%
Operating profit52.2%
Ordinary income54.5%
Profit attributable to owners of the parent71.3%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
売上高・利益とも2024年5月開示の業績予想下限値に対して順調に進捗。営業利益、経常利益、親会社株主に帰属する当期純利益は標準進捗率（50%）を上回って推移
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Higher Advertising Expenses前年同期比+45百万円
  • Higher personnel expenses前年同期比+34百万円
  • 販管費全体の増加前年同期比+161百万円（+20.9%）
  • Decrease in income tax expenseAmount: 非開示
  • 融資取扱手数料113百万円（一過性の営業外費用）
New initiatives
  • ONE MEDICAL株式会社の株式を3,862百万円で取得し、2024年11月から連結開始
  • オンライン診療支援事業の拡大
  • カウンセリングサービスへの広告宣伝投資と人材獲得
  • SaaS事業の人材採用・セールス・コンサル体制強化
Key KPIsA metric the company considers important as a management benchmark.
  • カウンセリングサービス相談回数67,051 times
    Year on year against the same period last year+16.2%
  • Repeat customer ratio68.5 %
  • メディアサービス月間平均PV数
    Year on year against the same period last year+53.1%
  • 主要な光回線サービス・MVNO月間平均課金会員数62,986 people
    Year on year against the same period last year+3.2%
  • SaaS business ARR¥403 million
    Year on year against the same period last year+188.6%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
相談回数67,051回、メディアサービス月間平均PV数、課金会員数62,986人、SaaS ARR403百万円。単価との組み合わせはNot disclosed
Segment results
  • Platform Business
    Net Sales¥964 million
    Year-on-year revenue growth+20.4%
    Operating profit¥170 million
    Year-on-year operating profit growth+31.8%
  • Counseling Services
    Net Sales¥597 million
    Year-on-year revenue growth+11.8%
    Operating profit¥82 million
    Year-on-year operating profit growth▲32.0%
  • メディア他サービス
    Net Sales¥367 million
    Year-on-year revenue growth+37.7%
    Operating profit¥88 million
    Year-on-year operating profit growth+969.7%
  • Broadband business
    Net Sales¥935 million
    Year-on-year revenue growth+1.0%
    Operating profit¥148 million
    Year-on-year operating profit growth▲9.0%
  • SaaS and DX Business
    Net Sales¥210 million
    Year-on-year revenue growth+30.3%
    Operating profit-¥39 million
    Year-on-year change-¥13 million
Financial targets
自己資本比率59.6%、総資産に占める有利子負債割合18.2%の実績。財務目標はNot disclosed
Market Size / Share
インターネット広告費3.3兆円、総広告費に占める比率45.5%、医科診療所約11.3万、歯科診療所約6.8万など。自社シェアはNot disclosed
Number of employees
連結174名（2024年9月末時点）
Annual Dividend
1株当たり30円（中間・期末の内訳はNot disclosed）
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period Covered2025年3月期 第2四半期
Net Sales¥2,110 million (YoY +11.7%)
Operating profit¥133 million (YoY +5.1%)
Ordinary income¥140 million (YoY +5.7%)
Net income¥112 million (profit attributable to owners of the parent) (YoY +26.2%)
Gross Profit Margin50.6%
Operating profit margin6.3%
Results for the three months of the current quarterNet Sales 2,110百万円（前年同期比+11.7%） / EBITDA 200百万円（同+12.5%） / Operating profit 133百万円（同+5.1%） / Ordinary income 140百万円（同+5.7%） / Profit attributable to owners of parent for the quarter 112百万円（同+26.2%）
Full-year earnings forecastNet Sales ¥9,000 million / EBITDA 840～890百万円 / Operating profit 450～500百万円 / Ordinary income 320～370百万円 / Profit attributable to owners of the parent 140～180百万円 / Annual Dividend ¥30
Progress against full-year forecastNet Sales 48.6% / Operating profit 52.2% / Ordinary income 54.5% / Profit attributable to owners of the parent 71.3%
Self-assessment against the plan売上高・利益とも2024年5月開示の業績予想下限値に対して順調に進捗。営業利益、経常利益、親会社株主に帰属する当期純利益は標準進捗率（50%）を上回って推移
Segment resultsSegment Platform Business / Net Sales ¥964 million / Year-on-year revenue growth +20.4% / Operating profit ¥170 million / Year-on-year operating profit growth +31.8%, Segment Counseling Services / Net Sales ¥597 million / Year-on-year revenue growth +11.8% / Operating profit ¥82 million / Year-on-year operating profit growth ▲32.0%, Segment メディア他サービス / Net Sales ¥367 million / Year-on-year revenue growth +37.7% / Operating profit ¥88 million / Year-on-year operating profit growth +969.7%, Segment Broadband business / Net Sales ¥935 million / Year-on-year revenue growth +1.0% / Operating profit ¥148 million / Year-on-year operating profit growth ▲9.0%, Segment SaaS and DX Business / Net Sales ¥210 million / Year-on-year revenue growth +30.3% / Operating profit -¥39 million / Year-on-year change -¥13 million
Breakdown of Factors Affecting the ChangeFactors Higher Advertising Expenses / Amount 前年同期比+45百万円, Factors Higher personnel expenses / Amount 前年同期比+34百万円, Factors 販管費全体の増加 / Amount 前年同期比+161百万円（+20.9%）, Factors Decrease in income tax expense / Amount Amount: Not disclosed, Factors 融資取扱手数料 / Amount 113百万円（一過性の営業外費用）
Key KPIsIndicator name カウンセリングサービス相談回数 / Value 67,051 times / Year on year against the same period last year +16.2%, Indicator name Repeat customer ratio / Value 68.5 % / Year on year against the same period last year Not disclosed, Indicator name メディアサービス月間平均PV数 / Value Not disclosed / Year on year against the same period last year +53.1%, Indicator name 主要な光回線サービス・MVNO月間平均課金会員数 / Value 62,986 people / Year on year against the same period last year +3.2%, Indicator name SaaS business ARR / Value ¥403 million / Year on year against the same period last year +188.6%
Unit price and quantity metrics相談回数67,051回、メディアサービス月間平均PV数、課金会員数62,986人、SaaS ARR403百万円。単価との組み合わせはNot disclosed
Number of employees連結174名（2024年9月末時点）
Financial targets自己資本比率59.6%、総資産に占める有利子負債割合18.2%の実績。財務目標はNot disclosed
Annual Dividend1株当たり30円（中間・期末の内訳はNot disclosed）
Market Size / Shareインターネット広告費3.3兆円、総広告費に占める比率45.5%、医科診療所約11.3万、歯科診療所約6.8万など。自社シェアはNot disclosed
New initiativesONE MEDICAL株式会社の株式を3,862百万円で取得し、2024年11月から連結開始, オンライン診療支援事業の拡大, カウンセリングサービスへの広告宣伝投資と人材獲得, SaaS事業の人材採用・セールス・コンサル体制強化
Items this document does not state (10)
Selling, general and administrative expensesNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsPayout 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.

ONE MEDICAL株式会社を2024年11月から連結開始するため、2024年11月から2025年3月までの同社売上高見込額を通期予想に反映した。また、株式取得のための借入金に係る融資取扱手数料113百万円を営業外費用に計上するため、経常利益と親会社株主に帰属する当期純利益の予想を引き下げた。

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.
FY2025 Q2 Results Briefing Materials | Excite Holdings Co.,Ltd. (5571) timely disclosure | Komori