Worth reading
51Recurring
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
48.7
Year-on-year change in operating profit (%)Wording
Avoiding a definitive answer
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales3,414¥ millionYear on year +10.7%
Operating profit938¥ millionYear on year +48.7%
Ordinary income948¥ millionYear on year +48.9%
Net income attributable to owners of the parent563¥ millionYear on year +27.0%
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.
Net income per share¥31.71
Financial position at period-end
Total assets7,739¥ million
of which net assets 6,411 ¥ millionEquity ratio 82.8%vs. prior year-end +1.2pt
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.
Cash inflows and outflows
Operating+916,170
Investment-117,152
Financials-266,398
Net change+532,620
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥5,520,967 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net SalesUndisclosed (difficult to calculate reasonably)
Operating profitUndisclosed (difficult to calculate reasonably)
Ordinary incomeUndisclosed (difficult to calculate reasonably)
Net incomeUndisclosed (difficult to calculate reasonably)
Annual Dividend Forecast¥28 → Undecided
Payout ratioUndecided (targeting a consolidated payout ratio of 50%)
Shareholder Return PolicyTargeting a consolidated dividend payout ratio of 50%
Factors Behind Changes in Business Performance
Increased mandates for large engagements centered on activist-response PA and FA services, as well as increases in beneficial shareholder identification surveys, shareholder relations support and equity consulting on capital policy.
Disclosure regarding the going concern assumption
No applicable items
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name No
Impairment loss¥111.541 million. All fixed assets related to the business alliance, following the termination of the alliance concerning stock transfer agency services
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Impairment loss ¥111,541 thousand
Depreciation and amortization¥154,951 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End17,839,710 shares
Treasury Shares at Period-End76,334 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥3,414 million (YoY +10.7%) |
| Operating profit | ¥938 million (YoY +48.7%) |
| Ordinary income | ¥948 million (YoY +48.9%) |
| Profit attributable to owners of the parent | ¥563 million (YoY +27.0%) |
| Net income per share | ¥31.71 |
| Equity ratio | End of the current fiscal period 82.8 / End of previous period 81.6 |
| Total assets | ¥7,739 million |
| Net assets | ¥6,411 million |
| Cash flows from operating activities | ¥916,170 thousand |
| Cash flows from investing activities | ¥-117,152 thousand |
| Cash flows from financing activities | ¥-266,398 thousand |
| Cash and cash equivalents at end of period | ¥5,520,967 thousand |
| Full-year earnings forecast | Net Sales Undisclosed (difficult to calculate reasonably) / Operating profit Undisclosed (difficult to calculate reasonably) / Ordinary income Undisclosed (difficult to calculate reasonably) / Net income Undisclosed (difficult to calculate reasonably) |
| Annual Dividend Forecast | ¥28 → Undecided |
| Payout ratio | Undecided (targeting a consolidated payout ratio of 50%) |
| Shareholder Return Policy | Targeting a consolidated dividend payout ratio of 50% |
| Depreciation and amortization | ¥154,951 thousand |
| Impairment loss | ¥111.541 million. All fixed assets related to the business alliance, following the termination of the alliance concerning stock transfer agency services |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Impairment loss ¥111,541 thousand |
| Disclosure regarding the going concern assumption | No applicable items |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name No |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 17,839,710 shares |
| Treasury Shares at Period-End | 76,334 shares |
| Factors Behind Changes in Business Performance | Increased mandates for large engagements centered on activist-response PA and FA services, as well as increases in beneficial shareholder identification surveys, shareholder relations support and equity consulting on capital policy. |
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastSegment revenueSegment profitRegional salesOrders received and order backlogMaterial 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.As capital markets saw progress in reducing cross-shareholdings, unwinding parent-subsidiary listings, taking companies private and consolidating industries, while activist activity also intensified, mandates for large engagements, centered on activist-response PA and FA services, increased. Services also increased in areas including beneficial shareholder identification surveys, shareholder relations support and equity consulting on capital policy.
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.