Worth reading
78Important
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
195
¥ millions (operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending December 202612 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,557 million+12.6%
Operating profit¥195 million-21.5%
Ordinary income¥206 million-18.0%
Net income¥130 million -18.7%net income attributable to owners of the parent
Operating profit margin7.6
Results for the three months of the current quarterNet sales of ¥2,557 million, operating profit of ¥195 million, ordinary profit of ¥206 million, and net income attributable to owners of the parent of ¥130 million. Segment net sales and operating profit are also presented for Q1 alone.
Full-year earnings forecast
Net Sales
¥11,000 million
Operating profit
¥1,650 million
Ordinary income
¥1,630 million
Profit attributable to owners of the parent
¥1,050 million
Value Cafeteria Business net sales
¥8,965 million
HR Management Business net sales
¥2,035 million
Value Cafeteria Business operating profit
¥2,412 million
HR Management Business operating profit
¥500 million
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。
Consolidated revenue23.2
Consolidated operating profit11.8
Consolidated ordinary income12.6
Profit attributable to owners of the parent12.4
Value Cafeteria Business net sales23.2
HR Management Business net sales23.4
Value Cafeteria Business operating profit16.6
HR Management Business operating profit18.2
Corporate expenses (administrative departments)23.5
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Both the Value Cafeteria Business and the HR Management Business are progressing steadily against the full-year forecast.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Factors behind the increase in revenueNew customer acquisitions and increased additional orders for services from existing customers
Factors Decreasing Operating ProfitSeasonality of net sales and higher personnel expenses
Temporary staffing and outsourcing costsReduced by approximately ¥130 million from the previous quarter
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Number of users3.3–3.5 million users
Specific health guidance sessions36,800 sessions (+27% year on year)
Contracted health insurance societies82 health insurance societies (2 newly established and 4 existing)
Reduction in temporary staffing and outsourcing costs¥500 million
In-house staff for medical examination results data entry490 people forecast as of December 2026
New initiatives
- Medical examination institution support service (referral support)
- Health prediction model, specialized medical examination management system, 80-item stress checks, and expanded functionality for the medical examination reservation system
- App development and release from FY2026, and an upgrade to the cafeteria plan
- Talent development and multiskilling using generative AI
- Rebuilding core operating systems and automating operations
- Opening of the Hirosaki, Aomori BPO center (December 2025)
Key KPIsA metric the company considers important as a management benchmark.
- Users (Value Cafeteria Business)322 10,000 peopleYear on year against the same period last year+430,000 users (+15.4%)
- Contracted organizations569 OrganizationYear on year against the same period last year+50 organizations
- Specific health guidance sessions9,800 EngagementsYear on year against the same period last year+3,300 sessions (+50.8%; summarized as +51% in the materials)
- Contracted health insurance societies75 health insurance societiesYear on year against the same period last year+2 health insurance societies
- Number of employees1,011 People
- Value Cafeteria Business market share15 %
- HR Management Business market share6.8 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
ARPUAverage annual price per user: ¥4,000; maximum annual price: ¥40,000. Actual volume and price breakdown: not disclosed
Segment results
Value Cafeteria Business
Net Sales
¥2,081 million+13.1%
Operating profit
¥401 million-15.9%
HR Management Business
Net Sales
¥476 million+10.3%
Operating profit
¥91 million+72.8%
Corporate expenses (administrative departments)
¥-296 million+5.7%
Market Size / Share
Market size of medical examinations and comprehensive health checkups9,810 Hundreds of millions of yen
Number of medical examination institutionsApproximately 150 medical examination institutions use the referral support service, within a nationwide network of more than 4,000 institutions
Share15% for the Value Cafeteria Business and 6.8% for the HR Management Business
Number of stores and locations
BPO centers are located in Yoyogi, Tokyo; Osaka; Nagoya; and Hirosaki, Aomori. The number of openings and closures during the period: not disclosedNumber of employees
1,011 People
Change during the period+41 people from the previous quarter
Annual Dividend
28 Yen annual dividend forecast per share
BreakdownThe amounts of the interim and year-end dividends: not disclosed
Payout ratio
The higher of a 50% payout ratio or 10% DOE is used as the benchmark. Actual and forecast figures: payout ratio of 71.2%; DOE not disclosed| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥2,557 million (YoY +12.6%) |
| Operating profit | ¥195 million (YoY -21.5%) |
| Ordinary income | ¥206 million (YoY -18.0%) |
| Net income | ¥130 million (net income attributable to owners of the parent) (YoY -18.7%) |
| Operating profit margin | 7.6 |
| Results for the three months of the current quarter | Net sales of ¥2,557 million, operating profit of ¥195 million, ordinary profit of ¥206 million, and net income attributable to owners of the parent of ¥130 million. Segment net sales and operating profit are also presented for Q1 alone. |
| Full-year earnings forecast | Net Sales ¥11,000 million / Operating profit ¥1,650 million / Ordinary income ¥1,630 million / Profit attributable to owners of the parent ¥1,050 million / Value Cafeteria Business net sales ¥8,965 million / HR Management Business net sales ¥2,035 million / Value Cafeteria Business operating profit ¥2,412 million / HR Management Business operating profit ¥500 million |
| Progress against full-year forecast | Consolidated revenue 23.2 / Consolidated operating profit 11.8 / Consolidated ordinary income 12.6 / Profit attributable to owners of the parent 12.4 / Value Cafeteria Business net sales 23.2 / HR Management Business net sales 23.4 / Value Cafeteria Business operating profit 16.6 / HR Management Business operating profit 18.2 / Corporate expenses (administrative departments) 23.5 |
| Self-assessment against the plan | Both the Value Cafeteria Business and the HR Management Business are progressing steadily against the full-year forecast. |
| Segment results | Value Cafeteria Business Net Sales ¥2,081 million (YoY +13.1%) / Operating profit ¥401 million (YoY -15.9%) / HR Management Business Net Sales ¥476 million (YoY +10.3%) / Operating profit ¥91 million (YoY +72.8%) / Corporate expenses (administrative departments) ¥-296 million (YoY +5.7%) |
| Breakdown of Factors Affecting the Change | Factors behind the increase in revenue New customer acquisitions and increased additional orders for services from existing customers / Factors Decreasing Operating Profit Seasonality of net sales and higher personnel expenses / Temporary staffing and outsourcing costs Reduced by approximately ¥130 million from the previous quarter |
| Key KPIs | Users (Value Cafeteria Business) 322 10,000 people, Contracted organizations 569 Organization, Specific health guidance sessions 9,800 Engagements, Contracted health insurance societies 75 health insurance societies, Number of employees 1,011 People, Value Cafeteria Business market share 15 %, HR Management Business market share 6.8 % |
| Unit price and quantity metrics | ARPU Average annual price per user: ¥4,000; maximum annual price: ¥40,000. Actual volume and price breakdown: not disclosed |
| Number of stores and locations | BPO centers are located in Yoyogi, Tokyo; Osaka; Nagoya; and Hirosaki, Aomori. The number of openings and closures during the period: not disclosed |
| Number of employees | 1,011 People |
| Assumptions Underlying the Business Outlook | Number of users 3.3–3.5 million users / Specific health guidance sessions 36,800 sessions (+27% year on year) / Contracted health insurance societies 82 health insurance societies (2 newly established and 4 existing) / Reduction in temporary staffing and outsourcing costs ¥500 million / In-house staff for medical examination results data entry 490 people forecast as of December 2026 |
| Annual Dividend | 28 Yen (annual dividend forecast per share) |
| Payout ratio | The higher of a 50% payout ratio or 10% DOE is used as the benchmark. Actual and forecast figures: payout ratio of 71.2%; DOE not disclosed |
| Market Size / Share | Market size of medical examinations and comprehensive health checkups 9,810 Hundreds of millions of yen / Number of medical examination institutions Approximately 150 medical examination institutions use the referral support service, within a nationwide network of more than 4,000 institutions / Share 15% for the Value Cafeteria Business and 6.8% for the HR Management Business |
| New initiatives | Medical examination institution support service (referral support), Health prediction model, specialized medical examination management system, 80-item stress checks, and expanded functionality for the medical examination reservation system, App development and release from FY2026, and an upgrade to the cafeteria plan, Talent development and multiskilling using generative AI, Rebuilding core operating systems and automating operations, Opening of the Hirosaki, Aomori BPO center (December 2025) |
Items this document does not state (9)
Gross Profit MarginSelling, general and administrative expensesRisk 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.Net sales increased due to new customer acquisitions and higher additional orders for services from existing customers. Operating profit declined due to the seasonality of net sales and higher personnel expenses, but the company expects to reduce temporary staffing and outsourcing costs, make further progress in bringing work in-house, and return to profit growth from Q2 onward.
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.