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Presentation materials for financial results6696TRaaS On Product Inc.Electrical Equipment and Precision Instruments

Results Briefing Materials for the First Quarter of the Fiscal Year Ending January 2027

Due mainly to a decline following the previous year's large-scale projects, revenue and profit both decreased in the first quarter, resulting in operating and net losses. The company explained that first-quarter performance is generally progressing as planned against its full-year forecast.

Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-67
¥ million (year-on-year change in net sales)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFirst quarter of the fiscal year ending January 20275 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥74 million-47.2%
Operating profit¥-39 million
Ordinary income¥-39 million
Net income¥-41 million
Gross Profit Margin37.9 %
Selling, general and administrative expenses¥67 million
Results for the three months of the current quarter
Period CoveredFebruary-April 2026
Net Sales
¥74 million
Operating profit
¥-39 million
Ordinary income
¥-39 million
Profit attributable to owners of parent for the quarter
¥-41 million
Full-year earnings forecast
Net Sales
¥535 million
Operating profit
¥3 million
Ordinary income
¥1 million
Net income for the current fiscal year
¥-6 million
TRaaS business revenue
¥182 million
Made-to-order Product business revenue
¥281 million
Technical Services business revenue
¥71 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。
Net Sales14.0%
TRaaS business revenue16.8%
Made-to-order Product business revenue9.3%
Technical Services business revenue25.3%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
First-quarter performance is generally progressing as planned
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • TRaaS business segment profit¥-27 million
  • Technical Services business segment profit¥-13 million
  • Increase in selling, general and administrative expenses¥-6 million
  • Made-to-order Product business segment profit¥0 million
New initiatives
  • Transform AIrux8 into a DX solutions platform focused on resolving customer issues
  • Develop the AIrux market through collaboration with specialized partners
  • Expand Store Star through OMO using a review app offered as an add-on to existing member apps
  • Cross-sell IoT products to Axsto East Japan's customer base and develop a multi-network concept for restaurants
  • Collaborate with Coretronic Corporation on new product development
Key KPIsA metric the company considers important as a management benchmark.
  • Maximum reduction in air-conditioning electricity consumption through AIrux850.9 %
  • Maximum reduction in lighting electricity consumption through AIrux833 %
  • AIrux8 installations20 Engagements
  • Share of products with increased sales through Store Star80 Over %
  • Increase in sales across the entire shelf through Store Star15 Over %
  • Increase multiple for sales of preference products4 over x
  • CELDIS digital signage locations4,500 locations
  • CELDIS digital signage units shipped31,000 Units
  • CELDIS nationwide installations47 prefectures
  • Cumulative STB (set-top box) shipments21.3 10,000 units
  • Cumulative companies using STB5,000 companies or more
  • STB applications developed300 over apps
  • Cygnus2 picking errors1 one-tenth of the previous level
  • Cygnus2 productivity per person per hour420 units
  • Cygnus2 cost reduction achieved1,000 approximately ¥10,000/year
Segment results
  • TRaaS business
    Net Sales¥30 million
    Revenue_yoy_pct-62.8
    Segment profit¥14 million
    Profit_yoy_pct-65.2
  • Custom-order Product business
    Net Sales¥26 million
    Revenue_yoy_pct23.6
    Segment profit¥10 million
    Profit_yoy_pct4.9
  • Technical Services business
    Net Sales¥18 million
    Revenue_yoy_pct-53.1
    Segment profit¥2 million
    Profit_yoy_pct-81.8
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFirst quarter of the fiscal year ending January 2027
Net Sales¥74 million (YoY -47.2%)
Operating profit¥-39 million
Ordinary income¥-39 million
Net income¥-41 million
Gross Profit Margin37.9 %
Selling, general and administrative expenses¥67 million
Results for the three months of the current quarterPeriod Covered February-April 2026 / Net Sales ¥74 million / Operating profit ¥-39 million / Ordinary income ¥-39 million / Profit attributable to owners of parent for the quarter ¥-41 million
Full-year earnings forecastNet Sales ¥535 million / Operating profit ¥3 million / Ordinary income ¥1 million / Net income for the current fiscal year ¥-6 million / TRaaS business revenue ¥182 million / Made-to-order Product business revenue ¥281 million / Technical Services business revenue ¥71 million
Progress against full-year forecastNet Sales 14.0% / TRaaS business revenue 16.8% / Made-to-order Product business revenue 9.3% / Technical Services business revenue 25.3%
Self-assessment against the planFirst-quarter performance is generally progressing as planned
Segment resultsSegment TRaaS business / Net Sales ¥30 million / Revenue_yoy_pct -62.8 / Segment profit ¥14 million / Profit_yoy_pct -65.2, Segment Custom-order Product business / Net Sales ¥26 million / Revenue_yoy_pct 23.6 / Segment profit ¥10 million / Profit_yoy_pct 4.9, Segment Technical Services business / Net Sales ¥18 million / Revenue_yoy_pct -53.1 / Segment profit ¥2 million / Profit_yoy_pct -81.8
Breakdown of Factors Affecting the ChangeTRaaS business segment profit ¥-27 million, Technical Services business segment profit ¥-13 million, Increase in selling, general and administrative expenses ¥-6 million, Made-to-order Product business segment profit ¥0 million
Key KPIsMaximum reduction in air-conditioning electricity consumption through AIrux8 50.9 %, Maximum reduction in lighting electricity consumption through AIrux8 33 %, AIrux8 installations 20 Engagements, Share of products with increased sales through Store Star 80 Over %, Increase in sales across the entire shelf through Store Star 15 Over %, Increase multiple for sales of preference products 4 over x, CELDIS digital signage locations 4,500 locations, CELDIS digital signage units shipped 31,000 Units, CELDIS nationwide installations 47 prefectures, Cumulative STB (set-top box) shipments 21.3 10,000 units, Cumulative companies using STB 5,000 companies or more, STB applications developed 300 over apps, Cygnus2 picking errors 1 one-tenth of the previous level, Cygnus2 productivity per person per hour 420 units, Cygnus2 cost reduction achieved 1,000 approximately ¥10,000/year
New initiativesTransform AIrux8 into a DX solutions platform focused on resolving customer issues, Develop the AIrux market through collaboration with specialized partners, Expand Store Star through OMO using a review app offered as an add-on to existing member apps, Cross-sell IoT products to Axsto East Japan's customer base and develop a multi-network concept for restaurants, Collaborate with Coretronic Corporation on new product development
Items this document does not state (15)
Operating profit marginUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual 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.

The main factors behind the declines in revenue and profit were the drop following the previous period's large-scale projects, which had high gross margins; the drop following initial implementation revenue from CELDIS at approximately 2,000 major mobile carrier stores in the TRaaS business; and the drop following the completion of a large-scale system development project in the Technical Services business. In addition, selling, general and administrative expenses increased due to the consolidation of Axsto East Japan as a subsidiary and goodwill amortization.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Results Briefing Materials for the First Quarter of the Fiscal Year Ending January 2027 | TRaaS On Product Inc. (6696) timely disclosure | Komori