Worth reading
71In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-710
¥ million (change from the initial full-year net sales forecast)Wording
Conditional
How definitive the wording is.Contents of this document
Results presentationThird quarter of the fiscal year ending December 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,682 million+9.4%
Operating profit¥259 million+43.3%
Ordinary income¥432 million+41.2%
Net income¥364 million+65.6%
Gross Profit Margin78.1%
Selling, general and administrative expenses¥2,615 million
Results for the three months of the current quarter
Net Sales
¥1,215 million
Operating profit
¥104 million
Ordinary income
¥189 million
Net income
¥160 million
Payment transaction volume
6,120 yen
Gross Profit Margin81.4%
Full-year earnings forecast
Net Sales
¥5,050 million
Payment-related revenue
¥4,445 million
DX/Mini Apps
¥405 million
Other
¥200 million
Cost of sales
¥1,111 million
Gross profit
¥3,938 million
Selling, General and Administrative Expenses
¥3,538 million
Operating profit (loss)
¥400 million
Ordinary profit or loss
¥643 million
Profit attributable to owners of the parent
¥546 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Net sales, operating income and ordinary income fell short of plan. Net income exceeded plan.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in payment-related revenue¥275 million
- Increase in DX-related and other revenue¥40 million
- Cost of sales¥-93 million
- Promotional expenses¥102 million
- Personnel expenses¥-40 million
- Depreciation and amortization¥20 million
- Other¥-225 million
New initiatives
- Introduced new terminals from September and expanded the terminal lineup
- Began accepting applications from general merchants for stablecoin payments in July
- Adopted for the code payment gateway of Sumitomo Mitsui Card's stera terminal light
- Newly connected 5 brands—AEON Pay, au PAY, d Barai and Merpay, and Rakuten Pay—to Stripe
- Introduce a new shareholder benefit program
Key KPIsA metric the company considers important as a management benchmark.
- Gross payment volume (GPV)17,410 yenYear on year against the same period last year+13.7%
- EBITDA¥421 millionYear on year against the same period last yearImproved
- EBITDA margin11.5%Year on year against the same period last yearImproved
- Number of payment brands added11 Brand first-half actual: 4; third-quarter actual: 7
- Number of employees226 People
Medium-term management plan targets
Formulated a vision for 2030. Specific numerical targets: Not disclosed.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%
- Number of overseas QR code payment brandsMore than 40
Number of employees
Number of Employees226 People
As ofConsolidated, as of 30 September 2026
| Item | Details |
|---|---|
| Document type | Results presentation |
| Fiscal Period Covered | Third quarter of the fiscal year ending December 2026 |
| Net Sales | ¥3,682 million (YoY +9.4%) |
| Operating profit | ¥259 million (YoY +43.3%) |
| Ordinary income | ¥432 million (YoY +41.2%) |
| Net income | ¥364 million (YoY +65.6%) |
| Gross Profit Margin | 78.1% |
| Selling, general and administrative expenses | ¥2,615 million |
| Results for the three months of the current quarter | Net Sales ¥1,215 million / Operating profit ¥104 million / Ordinary income ¥189 million / Net income ¥160 million / Payment transaction volume 6,120 yen / Gross Profit Margin 81.4% |
| Full-year earnings forecast | Net Sales ¥5,050 million / Payment-related revenue ¥4,445 million / DX/Mini Apps ¥405 million / Other ¥200 million / Cost of sales ¥1,111 million / Gross profit ¥3,938 million / Selling, General and Administrative Expenses ¥3,538 million / Operating profit (loss) ¥400 million / Ordinary profit or loss ¥643 million / Profit attributable to owners of the parent ¥546 million |
| Self-assessment against the plan | Net sales, operating income and ordinary income fell short of plan. Net income exceeded plan. |
| Breakdown of Factors Affecting the Change | Factors Increase in payment-related revenue / Amount ¥275 million, Factors Increase in DX-related and other revenue / Amount ¥40 million, Factors Cost of sales / Amount ¥-93 million, Factors Promotional expenses / Amount ¥102 million, Factors Personnel expenses / Amount ¥-40 million, Factors Depreciation and amortization / Amount ¥20 million, Factors Other / Amount ¥-225 million |
| Key KPIs | Indicator name Gross payment volume (GPV) / Value 17,410 yen / Year on year against the same period last year +13.7%, Indicator name EBITDA / Value ¥421 million / Year on year against the same period last year Improved, Indicator name EBITDA margin / Value 11.5% / Year on year against the same period last year Improved, Indicator name Number of payment brands added / Value 11 Brand (first-half actual: 4; third-quarter actual: 7) / Year on year against the same period last year Not disclosed, Indicator name Number of employees / Value 226 People / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees 226 People / As of Consolidated, as of 30 September 2026 |
| Medium-term management plan targets | Formulated a vision for 2030. Specific numerical targets: Not disclosed. |
| Market Size / Share | Indicator Japan's cashless payment ratio in 2025 (previous methodology) / Value 46.3%, Indicator Japan's cashless payment ratio in 2025 (new methodology) / Value 58.0%, Indicator Number of overseas QR code payment brands / Value More than 40 |
| New initiatives | Introduced new terminals from September and expanded the terminal lineup, Began accepting applications from general merchants for stablecoin payments in July, Adopted for the code payment gateway of Sumitomo Mitsui Card's stera terminal light, Newly connected 5 brands—AEON Pay, au PAY, d Barai and Merpay, and Rakuten Pay—to Stripe, Introduce a new shareholder benefit program |
Items this document does not state (14)
Operating profit marginProgress against full-year forecastSegment resultsUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial 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.Net sales fell short of the forecast because GPV was below plan, crude oil prices were higher, the recovery in inbound demand was delayed, and terminal sales were temporarily suspended during the transition to new terminals. Operating income and ordinary income were affected by the shortfall in net sales, while costs including personnel expenses and depreciation were kept below plan.
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.