Komori
Earnings5597Blue innovation Co.,Ltd.Information and Communications, Services and Others

Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Non-consolidated)

In the first quarter, revenue increased 22.6% year on year, driven by growth in inspection solutions. Operating loss widened slightly from the same period of the previous year, while ordinary loss and net loss for the quarter narrowed modestly. The full-year forecast remains unchanged.

Worth reading
50Recurring
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
22.6
%
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 January 2026 to 31 March 2026Non-consolidated (standalone)Japanese GAAP
Net Sales420¥ millionYear on year +22.6%Progress 26.3%
Operating profit-72¥ million
Ordinary income-67¥ million
Net income attributable to owners of the parent-68¥ million

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△¥16.98
Financial position at period-end
Total assets1,281¥ million
of which net assets 141 ¥ millionEquity ratio 10.7%vs. prior year-end -3.7pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,600 million (YoY +52.2%)
Operating profit¥-380 million
Ordinary income¥-380 million
Net income¥-390 million
Revision to Earnings ForecastNet Sales ¥1,600 million → ¥1,600 million(0.0%) / Operating profit ¥-380 million → ¥-380 million(0.0%) / Ordinary income ¥-380 million → ¥-380 million(0.0%) / Net income ¥-390 million → ¥-390 million(0.0%)
Annual Dividend Forecast¥0 → ¥0(0.0%)
Factors Behind Changes in Business Performance

Revenue increased as more projects adopted the core inspection solutions, particularly in the public infrastructure sector focused on sewer inspections. Operating costs were reduced through greater operational efficiency and other measures, but the gross profit margin declined as hardware accounted for a larger share of revenue, and upfront investments were made in research and development, recruitment and other areas.

Disclosure regarding the going concern assumption

No applicable matters.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount Not disclosed
Depreciation and amortization¥132 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End4,032,201 shares
Treasury Shares at Period-End0 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 January 2026 to 31 March 2026
Net Sales¥420 million (YoY +22.6%)
Operating profit¥-72 million
Ordinary income¥-67 million
Profit attributable to owners of the parent¥-68 million
Net income per share△¥16.98
Equity ratioEnd of the current fiscal period 10.7 / End of previous period 14.4
Total assets¥1,281 million
Net assets¥141 million
Full-year earnings forecastNet Sales ¥1,600 million (YoY +52.2%) / Operating profit ¥-380 million / Ordinary income ¥-380 million / Net income ¥-390 million
Revision to Earnings ForecastNet Sales ¥1,600 million → ¥1,600 million(0.0%) / Operating profit ¥-380 million → ¥-380 million(0.0%) / Ordinary income ¥-380 million → ¥-380 million(0.0%) / Net income ¥-390 million → ¥-390 million(0.0%)
Annual Dividend Forecast¥0 → ¥0(0.0%)
Depreciation and amortization¥132 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount Not disclosed
Disclosure regarding the going concern assumptionNo applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End4,032,201 shares
Treasury Shares at Period-End0 shares
Factors Behind Changes in Business PerformanceRevenue increased as more projects adopted the core inspection solutions, particularly in the public infrastructure sector focused on sewer inspections. Operating costs were reduced through greater operational efficiency and other measures, but the gross profit margin declined as hardware accounted for a larger share of revenue, and upfront investments were made in research and development, recruitment and other areas.
Items this document does not state (14)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossChanges in the scope of consolidationMaterial subsequent events

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 from inspection solutions increased as more projects were adopted in the public infrastructure sector, mainly for sewer inspections. Although operating costs were reduced through greater operational efficiency, the gross profit margin declined as hardware accounted for a larger share of revenue, while upfront investments in research and development, recruitment and other areas kept operating loss broadly in line with the same period of the previous year.

How to read this page

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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.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Non-consolidated) | Blue innovation Co.,Ltd. (5597) timely disclosure | Komori