Worth reading
45Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-44.3
% (year-on-year change in consolidated net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsSecond quarter of the fiscal year ending October 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,171 million-44.3%
Operating profit¥647 million-73.6%
Ordinary income¥620 million-74.7%
Net income¥183 million+48.9%
Gross Profit Margin48.3%
Operating profit margin20.4%
Selling, general and administrative expenses¥885 million
Results for the three months of the current quarter
Net Sales
¥1,119 million
Operating profit
¥67 million
Full-year earnings forecast
Consulting business revenue
¥5,256 million
Consulting business operating income
¥-493 million
Prored revenue
¥4,641 million
Prored operating income
¥-553 million
Knowledge revenue
¥615 million
Knowledge operating income
¥80 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。
Consulting business revenue47.0%
Prored revenue48.0%
Knowledge revenue39.5%
Knowledge operating income17.3%
Fixed-fee consulting revenue45.1%
Performance-based consulting revenue60.0%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Prored is progressing as expected in both fixed-fee and performance-based compensation models. Knowledge is behind schedule. Performance-based consulting is weighted toward the first half more heavily than planned.Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Fixed-fee consulting is expected to be weighted toward the second half in terms of revenue. Performance-based consulting was weighted toward the first half but is progressing as expected. Numerical assumptions: Not disclosed.New initiatives
Continue active recruitment of consultants in the second half, sales activities for new projects, and sales activities targeting the next fiscal year and beyond. New investments, partnerships, products, and organizational changes: Not disclosed.Key KPIsA metric the company considers important as a management benchmark.
- Number of consultants217 people
Segment results
Prored
Net Sales
¥2,228 million+28.4%
Operating profit
¥105 million
Knowledge
Net Sales
¥243 million-20.1%
Operating profit
¥13 million-81.0%
Consulting business
Net Sales
¥2,471 million+21.2%
Operating profit
¥104 million
Market Size / Share
For some investees, the company describes them as niche leaders in Japan's cat café industry or as companies with high market shares, but numerical figures are Not disclosed.Number of stores and locations
25 domestic cat cafés, approximately 30 fresh produce outlets, and approximately 50 hair salons. Openings and closures during the period: Not disclosed.Number of employees
Number of Employees310 People
Record date30 April 2026
Changes during the period and hiring planContinue active recruitment in the second half
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Second quarter of the fiscal year ending October 2026 |
| Net Sales | ¥3,171 million (YoY -44.3%) |
| Operating profit | ¥647 million (YoY -73.6%) |
| Ordinary income | ¥620 million (YoY -74.7%) |
| Net income | ¥183 million (YoY +48.9%) |
| Gross Profit Margin | 48.3% |
| Operating profit margin | 20.4% |
| Selling, general and administrative expenses | ¥885 million |
| Results for the three months of the current quarter | Net Sales ¥1,119 million / Operating profit ¥67 million |
| Full-year earnings forecast | Consulting business revenue ¥5,256 million / Consulting business operating income ¥-493 million / Prored revenue ¥4,641 million / Prored operating income ¥-553 million / Knowledge revenue ¥615 million / Knowledge operating income ¥80 million |
| Progress against full-year forecast | Consulting business revenue 47.0% / Prored revenue 48.0% / Knowledge revenue 39.5% / Knowledge operating income 17.3% / Fixed-fee consulting revenue 45.1% / Performance-based consulting revenue 60.0% |
| Self-assessment against the plan | Prored is progressing as expected in both fixed-fee and performance-based compensation models. Knowledge is behind schedule. Performance-based consulting is weighted toward the first half more heavily than planned. |
| Segment results | Prored Net Sales ¥2,228 million (YoY +28.4%) / Operating profit ¥105 million / Knowledge Net Sales ¥243 million (YoY -20.1%) / Operating profit ¥13 million (YoY -81.0%) / Consulting business Net Sales ¥2,471 million (YoY +21.2%) / Operating profit ¥104 million |
| Key KPIs | Indicator name Number of consultants / Value 217 people / Year on year against the same period last year Not disclosed |
| Number of stores and locations | 25 domestic cat cafés, approximately 30 fresh produce outlets, and approximately 50 hair salons. Openings and closures during the period: Not disclosed. |
| Number of employees | Number of Employees 310 People / Record date 30 April 2026 / Changes during the period and hiring plan Continue active recruitment in the second half |
| Assumptions Underlying the Business Outlook | Fixed-fee consulting is expected to be weighted toward the second half in terms of revenue. Performance-based consulting was weighted toward the first half but is progressing as expected. Numerical assumptions: Not disclosed. |
| Market Size / Share | For some investees, the company describes them as niche leaders in Japan's cat café industry or as companies with high market shares, but numerical figures are Not disclosed. |
| New initiatives | Continue active recruitment of consultants in the second half, sales activities for new projects, and sales activities targeting the next fiscal year and beyond. New investments, partnerships, products, and organizational changes: Not disclosed. |
Items this document does not state (11)
Breakdown of Factors Affecting the ChangeUnit price and quantity metricsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial 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 change in consolidated revenue reflects the reclassification of gains and losses related to exits from fund investments from non-operating income and expenses to revenue. Revenue and operating income also increased because dividends were received from an investee during the first quarter. At Prored on a standalone basis, recruitment expenses and personnel expenses were contained because hiring was delayed following a change in the hiring criteria for consultants. Knowledge struggled to secure consulting projects for government agencies.
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.