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Presentation materials for financial results5590NETSTARS Co.,Ltd.Information and Communications, Services and Others

Financial Results Presentation for the First Quarter of the Fiscal Year Ending December 2026

In the first quarter of FY2026 December, revenue increased 26.6% year on year, while operating profit, ordinary profit and net income moved into positive territory. Revenue fell short of plan, while profit exceeded plan.

Worth reading
73In 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
116
¥ millions (operating profit)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFirst quarter of the fiscal year ending December 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,331 million+26.6%
Operating profit¥116 million
Ordinary income¥161 million+207.8%
Net income¥137 million+204.6%
Selling, general and administrative expenses¥851 million
Gross Profit Margin
Rate72.7%
Year-on-year change (points)Down from 76.9% in the same period of the previous year
Full-year earnings forecast
Net Sales
¥5,760 million
Operating profit
¥500 million
Ordinary income
¥707 million
Net income
¥493 million
GPV
25,474 Hundreds of millions of yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue was below plan, while gross profit and all subsequent profit measures exceeded plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Increase in payment-related revenue+¥241 million
  • Increase in DX-related and other revenue+¥38 million
  • Cost of sales-¥121 million
  • Personnel expenses+JPY 7 million
  • Promotional expenses+¥6 million
  • Depreciation+¥8 million
  • Other-¥62 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • GPV growth rate
    FiguresApproximately 20% increase
  • Revenue growth
    FiguresApproximately 20% increase
  • Gross profit margin
    FiguresMore than 70%
  • Rate of increase in SG&A expenses
    FiguresAround 10% or less
New initiatives
  • Joint development of an integrated solution for the medical sector combining AI and pre-payment
  • Provision of a digital stamp rally system for shopping districts in Yokohama City
  • Expansion of the product lineup for small and medium-sized enterprises
  • Acceleration of the rollout of a cashierless platform
  • Addition of new payment methods, including USDC payments
Key KPIsA metric the company considers important as a management benchmark.
  • Gross payment volume (GPV)5,497 Hundreds of millions of yen
    Year on year against the same period last year+17.6%
  • Gross profit margin72.7 %
    Year on year against the same period last yearDown from 76.9% in the same period of the previous year
  • Payment processing success rate99.999 %
  • Payment processing speed40 milliseconds per transaction
  • TPS800 times
Medium-term management plan targets
Target fiscal year2030
Target value
  • GPV of more than ¥6 trillion
  • Payment-related revenue of more than ¥10 billion
  • Company-wide revenue of more than ¥12 billion
  • Gross margin above 70%
  • Operating margin above 25%
  • Ordinary profit margin above 25%
Market Size / Share
  • Japan's cashless payment ratio in 2025 (previous methodology)46.3%
  • Japan's cashless payment ratio in 2025 (new methodology)58.0%
  • Target cashless payment ratio in Japan (2030)65%
  • Number of overseas QR code payment brandsMore than 40
Number of employees
Number of Employees224 People
Reference dateConsolidated, as of the end of March 2026
Annual Dividend
Annual dividend per shareNo dividends planned for FY2026 December
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFirst quarter of the fiscal year ending December 2026
Net Sales¥1,331 million (YoY +26.6%)
Operating profit¥116 million
Ordinary income¥161 million (YoY +207.8%)
Net income¥137 million (YoY +204.6%)
Gross Profit MarginRate 72.7% / Year-on-year change (points) Down from 76.9% in the same period of the previous year
Selling, general and administrative expenses¥851 million
Full-year earnings forecastNet Sales ¥5,760 million / Operating profit ¥500 million / Ordinary income ¥707 million / Net income ¥493 million / GPV 25,474 Hundreds of millions of yen
Self-assessment against the planRevenue was below plan, while gross profit and all subsequent profit measures exceeded plan
Breakdown of Factors Affecting the ChangeFactors Increase in payment-related revenue / Amount +¥241 million, Factors Increase in DX-related and other revenue / Amount +¥38 million, Factors Cost of sales / Amount -¥121 million, Factors Personnel expenses / Amount +JPY 7 million, Factors Promotional expenses / Amount +¥6 million, Factors Depreciation / Amount +¥8 million, Factors Other / Amount -¥62 million
Key KPIsIndicator name Gross payment volume (GPV) / Value 5,497 Hundreds of millions of yen / Year on year against the same period last year +17.6%, Indicator name Gross profit margin / Value 72.7 % / Year on year against the same period last year Down from 76.9% in the same period of the previous year, Indicator name Payment processing success rate / Value 99.999 % / Year on year against the same period last year Not disclosed, Indicator name Payment processing speed / Value 40 milliseconds per transaction / Year on year against the same period last year Not disclosed, Indicator name TPS / Value 800 times / Year on year against the same period last year Not disclosed
Number of employeesNumber of Employees 224 People / Reference date Consolidated, as of the end of March 2026 / Changes during the period and hiring plan Not disclosed
Assumptions Underlying the Business OutlookItem GPV growth rate / Figures Approximately 20% increase, Item Revenue growth / Figures Approximately 20% increase, Item Gross profit margin / Figures More than 70%, Item Rate of increase in SG&A expenses / Figures Around 10% or less
Medium-term management plan targetsTarget fiscal year 2030 / Target value GPV of more than ¥6 trillion, Payment-related revenue of more than ¥10 billion, Company-wide revenue of more than ¥12 billion, Gross margin above 70%, Operating margin above 25%, Ordinary profit margin above 25%
Annual DividendAnnual dividend per share No dividends planned for FY2026 December / Interim and Year-End Breakdown Not disclosed
Market Size / ShareItem Japan's cashless payment ratio in 2025 (previous methodology) / Value 46.3%, Item Japan's cashless payment ratio in 2025 (new methodology) / Value 58.0%, Item Target cashless payment ratio in Japan (2030) / Value 65%, Item Number of overseas QR code payment brands / Value More than 40
New initiativesJoint development of an integrated solution for the medical sector combining AI and pre-payment, Provision of a digital stamp rally system for shopping districts in Yokohama City, Expansion of the product lineup for small and medium-sized enterprises, Acceleration of the rollout of a cashierless platform, Addition of new payment methods, including USDC payments
Items this document does not state (13)
Operating profit marginResults for the three months of the current quarterProgress against full-year forecastSegment resultsUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookFinancial 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.

The reasons cited were higher payment-related revenue, improvements in the cost structure, including cost of sales, greater cost efficiency through the use of AI, the deferral of part of the POS system upgrade costs to the second quarter, and higher interest income.

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Financial Results Presentation for the First Quarter of the Fiscal Year Ending December 2026 | NETSTARS Co.,Ltd. (5590) timely disclosure | Komori