Worth reading
57In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
39.9
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationThird quarter of the fiscal year ending September 2026 (cumulative)6 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥20,641 million+26.9%
Operating profit¥8,109 million+39.9%
Ordinary income¥8,257 million +42.1%IFRS profit before tax
Net income¥6,208 million+43.7%
Gross Profit Margin63.7 %
Operating profit margin39.3 %
Selling, general and administrative expenses¥5,037 million
Full-year earnings forecast
Consolidated (IFRS)
Net Sales
¥28,328 million
Operating profit
¥10,891 million
Completed Engagements
282 Engagements
Large-Scale Deals
66 Engagements
Number of consultants
302 people
Non-consolidated (Japanese GAAP, M&Aキャピタルパートナーズ)
Net Sales
¥26,600 million
Operating profit
¥10,767 million
Completed Engagements
270 Engagements
Large-Scale Deals
64 Engagements
Number of consultants
276 people
Non-consolidated (Japanese GAAP, レコフ)
Net Sales
¥853 million
Operating profit
¥-260 million
Completed Engagements
12 Engagements
Large-Scale Deals
2 Engagements
Number of consultants
26 people
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 revenue
72.9 %
Operating profit (consolidated)
74.5 %
Number of deals closed (consolidated)
71.3 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue is progressing steadily against the full-year earnings forecastNew initiatives
- Increased investment in personnel
- Increased investment in generative AI
- Using Salesforce “Data 360” to identify potential M&A target companies with AI
Key KPIsA metric the company considers important as a management benchmark.
- Number of deals closed (consolidated)201 Engagements+11.0%
- Large deals (consolidated)45 Engagements+2.3%
- Number of retained engagements (non-consolidated)819 Engagements+25.2%
- Contract liabilities (consolidated)¥1,608 million+26.9%
- Number of consultants (consolidated)291 peopleyoy_change37
Medium-term management plan targets
The presentation states that the company will maintain its growth trajectory toward the three-year plan, but the target value and target fiscal year are not disclosedMarket Size / Share
Domestic M&A market
2025 deal count rankingM&Aキャピタルパートナーズ ranked first with 212 deals
Global small-cap M&A market
2025 ranking10 Engagements
Number of projects213 Engagements
Number of employees
Consolidated406 people
Standalone332 people
As of30 June 2026
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Third quarter of the fiscal year ending September 2026 (cumulative) |
| Net Sales | ¥20,641 million (YoY +26.9%) |
| Operating profit | ¥8,109 million (YoY +39.9%) |
| Ordinary income | ¥8,257 million (IFRS profit before tax) (YoY +42.1%) |
| Net income | ¥6,208 million (YoY +43.7%) |
| Gross Profit Margin | 63.7 % |
| Operating profit margin | 39.3 % |
| Selling, general and administrative expenses | ¥5,037 million |
| Full-year earnings forecast | Consolidated (IFRS) Net Sales ¥28,328 million / Operating profit ¥10,891 million / Completed Engagements 282 Engagements / Large-Scale Deals 66 Engagements / Number of consultants 302 people / Non-consolidated (Japanese GAAP, M&Aキャピタルパートナーズ) Net Sales ¥26,600 million / Operating profit ¥10,767 million / Completed Engagements 270 Engagements / Large-Scale Deals 64 Engagements / Number of consultants 276 people / Non-consolidated (Japanese GAAP, レコフ) Net Sales ¥853 million / Operating profit ¥-260 million / Completed Engagements 12 Engagements / Large-Scale Deals 2 Engagements / Number of consultants 26 people |
| Progress against full-year forecast | Consolidated revenue 72.9 % / Operating profit (consolidated) 74.5 % / Number of deals closed (consolidated) 71.3 % |
| Self-assessment against the plan | Revenue is progressing steadily against the full-year earnings forecast |
| Key KPIs | Number of deals closed (consolidated) 201 Engagements (YoY +11.0%), Large deals (consolidated) 45 Engagements (YoY +2.3%), Number of retained engagements (non-consolidated) 819 Engagements (YoY +25.2%), Contract liabilities (consolidated) ¥1,608 million (YoY +26.9%), Number of consultants (consolidated) 291 people |
| Number of employees | Consolidated 406 people / Standalone 332 people / As of 30 June 2026 |
| Medium-term management plan targets | The presentation states that the company will maintain its growth trajectory toward the three-year plan, but the target value and target fiscal year are not disclosed |
| Market Size / Share | Domestic M&A market 2025 deal count ranking M&Aキャピタルパートナーズ ranked first with 212 deals / Global small-cap M&A market 2025 ranking 10 Engagements / Number of projects 213 Engagements |
| New initiatives | Increased investment in personnel, Increased investment in generative AI, Using Salesforce “Data 360” to identify potential M&A target companies with AI |
Items this document does not state (14)
Results for the three months of the current quarterSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition 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 higher average deal values resulting from the closing of high-value, large deals, an increase in the number of retained engagements and contract liabilities, and an expanded deal pipeline. For レコフ, the reasons cited were the timing shift of multiple deals, including planned large deals, and the slower-than-expected increase in the number of retained engagements.
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.