Worth reading
61In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
12.2
Year-on-year change in net sales (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFull year ended September 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales4,192 Millions of yen+112.2%
Operating profit1,141 Millions of yen+150.4%
Ordinary income1,159 Millions of yen+149.6%
Net income809 Millions of yen+153.2%
Selling, general and administrative expenses1,633 Millions of yen
Operating profit margin
rate_pct27.2
Results for the three months of the current quarterQuarterly revenue, operating profit and net income, guarantee fees, and KPI trends for the fiscal year ending September 2026 are presented. In the fourth quarter of the fiscal year ending September 2026, revenue was ¥1,068 million, operating profit was ¥306 million and net income was ¥227 million.
Full-year earnings forecast
Fiscal year ending September 2027
Net Sales
4,664 Millions of yen
Operating profit
1,339 Millions of yen
Ordinary income
1,355 Millions of yen
Net income
930 Millions of yen
Earnings per share
324.25 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 Sales99.0% of forecast
Operating profit111.3% of forecast
Ordinary income111.6% of forecast
Net income113.1% of forecast
What the company explained in this material
New initiatives
- Expansion of guarantee services for nursing care expenses and hospital expenses
- Ancillary services, including guarantees covering responses to unattended deaths, monitoring services and responses to neighborhood disputes
- Product development through tie-ups with companies
- Data integration with online rental application services
- Digitalization, including AI, RPA and electronic contracts
Key KPIsA metric the company considers important as a management benchmark.
- Number of initial guarantee contracts34,230 projectsYear on year against the same period last year+101.4%
- Average initial guarantee contract fee50,699 Yen/visitYear on year against the same period last year+97.7%
- Incidence of subrogated receivables6.1 %Year on year against the same period last year-0.2 percentage points
- Collection rate for subrogated receivables99.1 %Year on year against the same period last year+0.3 percentage points
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Number of initial guarantee contracts34,230 projects
- Average initial guarantee contract fee50,699 Yen/visit
Segment results
- Guarantee businessNet Sales3,958 Millions of yenYear on year against the same period last year+112.7%
- OtherNet Sales233 Millions of yenYear on year against the same period last year+104.5%
Market Size / Share
Rent debt guarantee market size
¥2,500 100 million
Percentage requiring use of a rent debt guarantee company
93 %
As of2023
Number of stores and locations
Number at period-end7 sites
Number of employees
Number of Employees129 People
Annual Dividend
Fiscal year ending September 2026
Annual dividend per share¥30 per share
End of period¥30 per share
Forecast for the fiscal year ending September 2027
End of period¥33 per share
Payout ratio
Target of 10% or higher| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Full year ended September 2026 |
| Net Sales | 4,192 Millions of yen (YoY +112.2%) |
| Operating profit | 1,141 Millions of yen (YoY +150.4%) |
| Ordinary income | 1,159 Millions of yen (YoY +149.6%) |
| Net income | 809 Millions of yen (YoY +153.2%) |
| Operating profit margin | rate_pct 27.2 / yoy_change_points Not disclosed |
| Selling, general and administrative expenses | 1,633 Millions of yen |
| Results for the three months of the current quarter | Quarterly revenue, operating profit and net income, guarantee fees, and KPI trends for the fiscal year ending September 2026 are presented. In the fourth quarter of the fiscal year ending September 2026, revenue was ¥1,068 million, operating profit was ¥306 million and net income was ¥227 million. |
| Full-year earnings forecast | Fiscal year ending September 2027 Net Sales 4,664 Millions of yen / Operating profit 1,339 Millions of yen / Ordinary income 1,355 Millions of yen / Net income 930 Millions of yen / Earnings per share 324.25 Yen |
| Progress against full-year forecast | Net Sales 99.0% of forecast / Operating profit 111.3% of forecast / Ordinary income 111.6% of forecast / Net income 113.1% of forecast |
| Segment results | Segment Guarantee business / Net Sales 3,958 Millions of yen / Year on year against the same period last year 112.7 / Profit Not disclosed, Segment Other / Net Sales 233 Millions of yen / Year on year against the same period last year 104.5 / Profit Not disclosed |
| Key KPIs | Indicator name Number of initial guarantee contracts / Value 34,230 projects / Year on year against the same period last year 101.4 projects, Indicator name Average initial guarantee contract fee / Value 50,699 Yen/visit / Year on year against the same period last year 97.7 Yen/visit, Indicator name Incidence of subrogated receivables / Value 6.1 % / Year on year against the same period last year -0.2 percentage points, Indicator name Collection rate for subrogated receivables / Value 99.1 % / Year on year against the same period last year +0.3 percentage points |
| Unit price and quantity metrics | Indicator name Number of initial guarantee contracts / Value 34,230 projects, Indicator name Average initial guarantee contract fee / Value 50,699 Yen/visit |
| Number of stores and locations | Number at period-end 7 sites / Number of store openings and closures during the period Not disclosed |
| Number of employees | Number of Employees 129 People / Changes and hiring plans during the period Not disclosed |
| Annual Dividend | Fiscal year ending September 2026 Annual dividend per share ¥30 per share / Interim Not disclosed / End of period ¥30 per share / Forecast for the fiscal year ending September 2027 Annual dividend per share Not disclosed / Interim Not disclosed / End of period ¥33 per share |
| Payout ratio | Target of 10% or higher |
| Market Size / Share | Rent debt guarantee market size ¥2,500 100 million / Percentage requiring use of a rent debt guarantee company 93 % |
| New initiatives | Expansion of guarantee services for nursing care expenses and hospital expenses, Ancillary services, including guarantees covering responses to unattended deaths, monitoring services and responses to neighborhood disputes, Product development through tie-ups with companies, Data integration with online rental application services, Digitalization, including AI, RPA and electronic contracts |
Items this document does not state (11)
Gross Profit MarginSelf-assessment against the planBreakdown of Factors Affecting the ChangeAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition 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 the securing of highly recurring revenue, including renewal guarantee fees and monthly guarantee fees, the steady performance of total guarantee fees, an increase in the number of initial guarantee contracts, and an improved recovery rate for subrogation receivables. However, it did not explain the specific monetary factors behind the year-on-year increase in earnings by profit-and-loss item.
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.