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Financial results presentation5621Human Technologies,Inc.Information and Communications, Services and Others

Supplementary Explanatory Materials for the Second Quarter (Interim Period) Financial Results for the Fiscal Year Ending March 2027

Cumulative results for the second quarter of the fiscal year ending March 2027 showed higher revenue and profit against a backdrop of customer-base expansion, with revenue and operating profit both progressing in line with the full-year forecast. The full-year forecast remains unchanged, and the company will continue with its plan incorporating strategic investment in AI and security.

Worth reading
64In 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
13.3
Year-on-year change in net sales (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Supplementary materials to the earnings summaryFiscal year ending March 2027, second quarter (interim period)13 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales4,094 Millions of yen+13.3%
Operating profit834 Millions of yen+14.9%
Ordinary income845 Millions of yen+15.6%
Net income600 Millions of yen+12.9%
Operating profit margin20.4 %
Selling, general and administrative expenses2,739 Millions of yen
Results for the three months of the current quarter
Net Sales
2,084 Millions of yen
Operating profit
444 Millions of yen
Year on year against the same period last year
Net Sales13.4
Operating profit35
Full-year earnings forecast
Net Sales
8,569 Millions of yen
Operating profit
1,537 Millions of yen
Ordinary income
1,547 Millions of yen
Net income for the current fiscal year
1,113 Millions of yen
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 Sales47.8 %
Operating profit54.3 %
Ordinary income54.7 %
Interim net income53.9 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Both revenue and operating profit are progressing in line with the full-year forecast
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Personnel expenses1,303 Millions of yen+7.9%
  • Outsourcing costs784 Millions of yen+29.9%
  • Promotional expenses202 Millions of yen-6.7%
  • Other969 Millions of yen+13.0%
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Strategic Investments
¥2.9 100 million
DetailsAI-related and security-related
New initiatives
  • Partner collaboration through Ricoh Japan's sales and support network
  • ¥160 million investment related to AI
  • ¥130 million investment related to security
  • Initiatives to increase ARPU using SMP functions
  • Expansion of functions for payroll services in ASEAN markets
Key KPIsA metric the company considers important as a management benchmark.
  • ARR¥74.6 100 million+11.6%
  • Billable IDs377 10,000 IDs+12.9%
  • Billable companies6.6 10,000 companies+17.4%
  • Revenue CAGR20.9 %
  • Average operating margin14.2 %
  • Monthly churn rate0.29 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Average monthly billable IDs3,741 Thousand IDs
  • Price per ID¥165 /ID
  • Billable companies6.6 10,000 companies+17.4%
Segment results
  • KOT SaaS
    Net Sales3,651
  • Other
    Net Sales442
Medium-term management plan targets
TargetOperating margin of approximately 30%
Target fiscal yearFiscal year ending March 2030
Comparison with actual results and forecastsForecast of 17.9% for the fiscal year ending March 2027, with a target of achieving 30% in the fiscal year ending March 2030
Financial targets
Equity ratio
Actual results78.7 %
Market Size / Share
Market share
30.8 %
DetailsAttendance management SaaS market share by volume
Number of customer companies
7 10,000 companies
Number of employees
Consolidated
Number of Employees338 people
End of periodEnd of September 2026
Annual Dividend
Forecast for the fiscal year ending March 2027
¥35 per share
Payout ratio
30.1 %
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings summary
Fiscal Period CoveredFiscal year ending March 2027, second quarter (interim period)
Net Sales4,094 Millions of yen (YoY +13.3%)
Operating profit834 Millions of yen (YoY +14.9%)
Ordinary income845 Millions of yen (YoY +15.6%)
Net income600 Millions of yen (YoY +12.9%)
Operating profit margin20.4 %
Selling, general and administrative expenses2,739 Millions of yen
Results for the three months of the current quarterNet Sales 2,084 Millions of yen / Operating profit 444 Millions of yen / Year on year against the same period last year Net Sales 13.4 / Operating profit 35
Full-year earnings forecastNet Sales 8,569 Millions of yen / Operating profit 1,537 Millions of yen / Ordinary income 1,547 Millions of yen / Net income for the current fiscal year 1,113 Millions of yen
Progress against full-year forecastNet Sales 47.8 % / Operating profit 54.3 % / Ordinary income 54.7 % / Interim net income 53.9 %
Self-assessment against the planBoth revenue and operating profit are progressing in line with the full-year forecast
Segment resultsSegment KOT SaaS / Net Sales 3,651 Millions of yen / yoy_pct 12.3 Millions of yen, Segment Other / Net Sales 442 Millions of yen / yoy_pct 22.4 Millions of yen
Breakdown of Factors Affecting the ChangeFactors Personnel expenses / Amount 1,303 Millions of yen / yoy_pct 7.9 Millions of yen, Factors Outsourcing costs / Amount 784 Millions of yen / yoy_pct 29.9 Millions of yen, Factors Promotional expenses / Amount 202 Millions of yen / yoy_pct -6.7 Millions of yen, Factors Other / Amount 969 Millions of yen / yoy_pct 13 Millions of yen
Key KPIsIndicator ARR / Value ¥74.6 100 million / yoy_pct ¥11.6 100 million, Indicator Billable IDs / Value 377 10,000 IDs / yoy_pct 12.9 10,000 IDs, Indicator Billable companies / Value 6.6 10,000 companies / yoy_pct 17.4 10,000 companies, Indicator Revenue CAGR / Value 20.9 % / yoy_pct Not disclosed, Indicator Average operating margin / Value 14.2 % / yoy_pct Not disclosed, Indicator Monthly churn rate / Value 0.29 % / yoy_pct Not disclosed
Unit price and quantity metricsIndicator Average monthly billable IDs / Value 3,741 Thousand IDs / yoy_pct Not disclosed, Indicator Price per ID / Value ¥165 /ID / yoy_pct Not disclosed, Indicator Billable companies / Value 6.6 10,000 companies / yoy_pct 17.4 10,000 companies
Number of employeesNumber of Employees 338 people / Subject Consolidated / End of period End of September 2026
Assumptions Underlying the Business OutlookStrategic Investments ¥2.9 100 million
Medium-term management plan targetsTarget Operating margin of approximately 30% / Target fiscal year Fiscal year ending March 2030 / Comparison with actual results and forecasts Forecast of 17.9% for the fiscal year ending March 2027, with a target of achieving 30% in the fiscal year ending March 2030
Financial targetsEquity ratio Actual results 78.7 %
Annual DividendForecast for the fiscal year ending March 2027 ¥35 per share / Interim and Year-End Breakdown Not disclosed
Payout ratio30.1 %
Market Size / ShareMarket share 30.8 % / Number of customer companies 7 10,000 companies
New initiativesPartner collaboration through Ricoh Japan's sales and support network, ¥160 million investment related to AI, ¥130 million investment related to security, Initiatives to increase ARPU using SMP functions, Expansion of functions for payroll services in ASEAN markets
Items this document does not state (7)
Gross Profit MarginNumber of stores and locationsRisk amount incorporated into the outlookAcquisition 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 company cited maintaining and expanding the customer base, continuing new implementations, enhancing services, ongoing cost management, and lowering the personnel expense ratio through productivity improvements as reasons.

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.
Supplementary Explanatory Materials for the Second Quarter (Interim Period) Financial Results for the Fiscal Year Ending March 2027 | Human Technologies,Inc. (5621) timely disclosure | Komori