Komori
Results5571Excite Holdings Co.,Ltd.Information and Communications, Services and Others

Summary of Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP]

Revenue was nearly flat year on year but declined slightly, while operating profit increased significantly and net income turned profitable from a loss in the same period of the previous year. The full-year earnings forecast and dividend forecast remain unchanged from the latest disclosed figures.

Worth reading
54Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
186.3
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales5,113¥ millionYear on year -0.2%Progress 42.6%
Operating profit280¥ millionYear on year +186.3%Progress 45.9%
Ordinary income295¥ millionYear on year +211.6%Progress 52.7%
Net income attributable to owners of the parent311¥ millionProgress 88.9%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥64.79
Financial position at period-end
Total assets10,552¥ million
of which net assets 3,829 ¥ millionEquity ratio 34.8%vs. prior year-end +2.5pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+449,419
Investment-546,164
Financials-596,681
Net change-693,426

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥1,597,758 thousand
Segment revenueMedical Business ¥1,023,433 thousand (YoY -14.0%), Platform Business ¥1,746,804 thousand (YoY +4.1%), Broadband business ¥1,865,048 thousand (YoY +3.3%), SaaS and DX Business ¥480,586 thousand (YoY +6.1%)
Segment profitMedical Business ¥-134,598 thousand, Platform Business ¥370,637 thousand (YoY +91.7%), Broadband business ¥255,526 thousand (YoY -5.1%), SaaS and DX Business ¥41,280 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥12,000 million (YoY +11.1%)
Operating profit¥610 million (YoY +34.3%)
Ordinary income¥560 million (YoY +32.9%)
Net income¥350 million (YoY +38.2%)
Annual Dividend Forecast31.5 yen → 32.7 yen(+3.8%)
Factors Behind Changes in Business Performance

Revenue in the Medical business declined as advertising investment was restrained in response to changes in the market environment. Improved earnings in Media Services, the recovery in advertising rates and page views, the SaaS and DX businesses turning profitable, growth in paying subscribers to 10-gigabit fiber-optic and MVNO services, and customer acquisition for FanGrowth and Sharely contributed to performance.

Disclosure regarding the going concern assumption

None

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew Number of companies 1 / Company name Open Cure㈱ / Excluded Number of companies 1 / Company name iXIT㈱
Material subsequent eventsNone
Impairment lossNone (impairment losses on fixed assets and other items by reportable segment)
Breakdown of extraordinary income (loss)No extraordinary gains or extraordinary losses were recorded for the interim period.
Depreciation and amortization¥145,383 thousand
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person Institutional investors and analysts
Issued Shares at Period-End4,878,690
Treasury Shares at Period-End74,000
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥5,113 million (YoY -0.2%)
Operating profit¥280 million (YoY +186.3%)
Ordinary income¥295 million (YoY +211.6%)
Profit attributable to owners of the parent¥311 million
Net income per share¥64.79
Equity ratioEnd of the current fiscal period 34.8 / End of previous period 32.3
Total assets¥10,552 million
Net assets¥3,829 million
Cash flows from operating activities¥449,419 thousand
Cash flows from investing activities¥-546,164 thousand
Cash flows from financing activities¥-596,681 thousand
Cash and cash equivalents at end of period¥1,597,758 thousand
Full-year earnings forecastNet Sales ¥12,000 million (YoY +11.1%) / Operating profit ¥610 million (YoY +34.3%) / Ordinary income ¥560 million (YoY +32.9%) / Net income ¥350 million (YoY +38.2%)
Annual Dividend Forecast31.5 yen → 32.7 yen(+3.8%)
Segment revenueMedical Business ¥1,023,433 thousand (YoY -14.0%), Platform Business ¥1,746,804 thousand (YoY +4.1%), Broadband business ¥1,865,048 thousand (YoY +3.3%), SaaS and DX Business ¥480,586 thousand (YoY +6.1%)
Segment profitMedical Business ¥-134,598 thousand, Platform Business ¥370,637 thousand (YoY +91.7%), Broadband business ¥255,526 thousand (YoY -5.1%), SaaS and DX Business ¥41,280 thousand
Depreciation and amortization¥145,383 thousand
Impairment lossNone (impairment losses on fixed assets and other items by reportable segment)
Breakdown of extraordinary income (loss)No extraordinary gains or extraordinary losses were recorded for the interim period.
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew Number of companies 1 / Company name Open Cure㈱ / Excluded Number of companies 1 / Company name iXIT㈱
Material subsequent eventsNone
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person Institutional investors and analysts
Issued Shares at Period-End4,878,690
Treasury Shares at Period-End74,000
Factors Behind Changes in Business PerformanceRevenue in the Medical business declined as advertising investment was restrained in response to changes in the market environment. Improved earnings in Media Services, the recovery in advertising rates and page views, the SaaS and DX businesses turning profitable, growth in paying subscribers to 10-gigabit fiber-optic and MVNO services, and customer acquisition for FanGrowth and Sharely contributed to performance.
Items this document does not state (6)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders 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.

Revenue in the Medical business declined as the company restrained advertising investment in response to changes in the market environment, prioritising improvements in unit economics. Meanwhile, improved earnings in Media Services, the SaaS and DX businesses turning profitable, the recovery in advertising rates and page views, growth in paying subscribers to 10-gigabit fiber-optic and MVNO services, and customer acquisition for SaaS services contributed to improved earnings.

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.
Summary of Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] | Excite Holdings Co.,Ltd. (5571) timely disclosure | Komori