Komori
Financial results presentation6089WILL GROUP,INC.Information and Communications, Services and Others

Materials for the Briefing on Financial Results for the First Quarter of the Fiscal Year Ending March 2027

In the first quarter, revenue and operating profit increased on the expansion of domestic and overseas temporary staffing and recruitment services, as well as the positive impact of the weaker yen. Revenue reached a record quarterly high. Following the strong first-quarter results, the first-half forecast was revised upward, while the full-year forecast was left unchanged in light of growth investments and foreign exchange trends.

Worth reading
85Important
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
135.6
Operating profit year-on-year change (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFirst quarter of the fiscal year ending March 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales403.5 Hundreds of millions of yen+14.6%
Operating profit9.3 Hundreds of millions of yen+135.6%
Net income5 Hundreds of millions of yen+78.3%
Gross Profit Margin23.1 %
Operating profit margin2.3 %
Results for the three months of the current quarter
Revenue
403.5 Hundreds of millions of yen
Gross profit
93.4 Hundreds of millions of yen
Operating profit
9.3 Hundreds of millions of yen
Profit for the period attributable to owners of the parent
5 Hundreds of millions of yen
EBITDA
15.2 Hundreds of millions of yen
Full-year earnings forecast
Revenue
1,570 Hundreds of millions of yen
Operating profit
34 Hundreds of millions of yen
Profit for the period attributable to owners of the parent
22 Hundreds of 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。
Revenue26 %
Operating profit27 %
Profit for the period attributable to owners of the parent23 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Consolidated revenue
Domestic Working Business+¥2.19 billion
Overseas Working Business+¥330 million
Foreign Exchange Effects+¥2.63 billion
Other-¥0 million
Healthcare+¥860 million
Sales+¥640 million
Construction+¥610 million
IT+¥160 million
Factory+¥80 million
Call center-¥120 million
Other domestic-¥60 million
Recruitment+¥210 million
Staffing Services+¥140 million
Consolidated operating profit
Domestic Working Business+¥290 million
Overseas Working Business+¥230 million
Decrease in head office costs+¥10 million
Increase in gross profit+¥260 million
Foreign Exchange Effects+¥80 million
Increase in selling, general and administrative expenses-¥110 million
Construction+¥190 million
Sales+¥140 million
Healthcare+¥130 million
Factory-¥60 million
Call center-¥40 million
Other-¥50 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Exchange rate
Australian dollar
Planned rate¥105
Q1 actual rate¥113
Year-ago rate¥93
Singapore dollars
Planned rate¥121
Q1 actual rate¥125
Year-ago rate¥111
New initiatives
  • Upward Revisions to First-Half Earnings Forecasts
  • New WILLOF commercial aired
  • 白石麻衣氏 appointed as special career adviser
Key KPIsA metric the company considers important as a management benchmark.
  • Permanent staffing/contracting: headcount7,755 people
    Year on year against the same period last year+946 people
  • Permanent staffing/contracting: hires1,551 people
    Year on year against the same period last year+1.0%
  • Foreign-worker employment support: people supported4,922 people
    Year on year against the same period last year+38.6%
  • Recruitment: people placed1,816 people
    Year on year against the same period last year+88.6%
  • Australia: temporary staffing headcount1,821 people
    Year on year against the same period last year+10.2%
  • Australia: recruitment offers accepted316 people
    Year on year against the same period last year+3.6%
  • Singapore and other markets: temporary staffing headcount2,973 people
    Year on year against the same period last year+2.3%
  • Singapore and other markets: recruitment offers accepted399 people
    Year on year against the same period last year+1.9%
  • Gross profit-to-SG&A multiple1.21 times
Segment results
Domestic Working Business
Revenue
233.7 Hundreds of millions of yen+10.3%
Segment profit
8.7 Hundreds of millions of yen+50.5%
Overseas Working Business
Revenue
169.6 Hundreds of millions of yen+21.2%
Segment profit
7 Hundreds of millions of yen+49.4%
Other
Revenue
0.1 Hundreds of millions of yen-20.2%
Segment profit
-0.8 Hundreds of millions of yen
Medium-term management plan targets
Plan nameWILL-being 2029
FY2029 normalized consolidated operating profit¥4.7 billion
ROE for the fiscal year ending March 202915% or higher
Upside operating profit target¥5.5 billion
Domestic Working business FY2029 gross profit¥25 billion or more
Permanent staffing and foreign-worker HR business mixAt least 75%
Financial targets
ROE15% or higher for the fiscal year ending March 2029
Number of employees
Number of hires
1,551 people
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales403.5 Hundreds of millions of yen (YoY +14.6%)
Operating profit9.3 Hundreds of millions of yen (YoY +135.6%)
Net income5 Hundreds of millions of yen (YoY +78.3%)
Gross Profit Margin23.1 %
Operating profit margin2.3 %
Results for the three months of the current quarterRevenue 403.5 Hundreds of millions of yen / Gross profit 93.4 Hundreds of millions of yen / Operating profit 9.3 Hundreds of millions of yen / Profit for the period attributable to owners of the parent 5 Hundreds of millions of yen / EBITDA 15.2 Hundreds of millions of yen
Full-year earnings forecastRevenue 1,570 Hundreds of millions of yen / Operating profit 34 Hundreds of millions of yen / Profit for the period attributable to owners of the parent 22 Hundreds of millions of yen
Progress against full-year forecastRevenue 26 % / Operating profit 27 % / Profit for the period attributable to owners of the parent 23 %
Segment resultsDomestic Working Business Revenue 233.7 Hundreds of millions of yen (YoY +10.3%) / Segment profit 8.7 Hundreds of millions of yen (YoY +50.5%) / Overseas Working Business Revenue 169.6 Hundreds of millions of yen (YoY +21.2%) / Segment profit 7 Hundreds of millions of yen (YoY +49.4%) / Other Revenue 0.1 Hundreds of millions of yen (YoY -20.2%) / Segment profit -0.8 Hundreds of millions of yen
Breakdown of Factors Affecting the ChangeConsolidated revenue Domestic Working Business +¥2.19 billion / Overseas Working Business +¥330 million / Foreign Exchange Effects +¥2.63 billion / Other -¥0 million / Healthcare +¥860 million / Sales +¥640 million / Construction +¥610 million / IT +¥160 million / Factory +¥80 million / Call center -¥120 million / Other domestic -¥60 million / Recruitment +¥210 million / Staffing Services +¥140 million / Consolidated operating profit Domestic Working Business +¥290 million / Overseas Working Business +¥230 million / Decrease in head office costs +¥10 million / Increase in gross profit +¥260 million / Foreign Exchange Effects +¥80 million / Increase in selling, general and administrative expenses -¥110 million / Construction +¥190 million / Sales +¥140 million / Healthcare +¥130 million / Factory -¥60 million / Call center -¥40 million / Other -¥50 million
Key KPIsIndicator name Permanent staffing/contracting: headcount / Value 7,755 people / Year on year against the same period last year +946 people, Indicator name Permanent staffing/contracting: hires / Value 1,551 people / Year on year against the same period last year +1.0%, Indicator name Foreign-worker employment support: people supported / Value 4,922 people / Year on year against the same period last year +38.6%, Indicator name Recruitment: people placed / Value 1,816 people / Year on year against the same period last year +88.6%, Indicator name Australia: temporary staffing headcount / Value 1,821 people / Year on year against the same period last year +10.2%, Indicator name Australia: recruitment offers accepted / Value 316 people / Year on year against the same period last year +3.6%, Singapore and other markets: temporary staffing headcount 2,973 people, Singapore and other markets: recruitment offers accepted 399 people, Indicator name Gross profit-to-SG&A multiple / Value 1.21 times / Year on year against the same period last year Not disclosed
Number of employeesNumber of employees Not disclosed / Number of hires 1,551 people
Assumptions Underlying the Business OutlookExchange rate Australian dollar Planned rate ¥105 / Q1 actual rate ¥113 / Year-ago rate ¥93 / Singapore dollars Planned rate ¥121 / Q1 actual rate ¥125 / Year-ago rate ¥111
Medium-term management plan targetsPlan name WILL-being 2029 / FY2029 normalized consolidated operating profit ¥4.7 billion / ROE for the fiscal year ending March 2029 15% or higher / Upside operating profit target ¥5.5 billion / Domestic Working business FY2029 gross profit ¥25 billion or more / Permanent staffing and foreign-worker HR business mix At least 75%
Financial targetsROE 15% or higher for the fiscal year ending March 2029
New initiativesUpward Revisions to First-Half Earnings Forecasts, New WILLOF commercial aired, 白石麻衣氏 appointed as special career adviser
Items this document does not state (13)
Ordinary incomeSelling, general and administrative expensesSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey 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.

In the domestic Working business, profitability improved through the expansion of permanent staffing and foreign-worker HR services in the essential-services sector, as well as the reshaping of the business portfolio. In the overseas Working business, growth in temporary staffing and recruitment, expansion of the higher-margin recruitment business, and the positive impact of the weaker yen contributed to results.

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.
Materials for the Briefing on Financial Results for the First Quarter of the Fiscal Year Ending March 2027 | WILL GROUP,INC. (6089) timely disclosure | Komori