Results for this period
Interim period (second quarter)1 September 2025–28 February 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The APP business reported lower sales due to the conclusion of serialized popular titles, lower billing revenue, slower growth in advertising rewards and lower advertising rates. Operating loss narrowed as costs were reduced through optimizing staffing levels and improving operational efficiency in existing services. In the RET business, lodging demand and occupancy rates remained firm, but sales declined because brokerage fees from the sale and purchase of lodging properties recorded in the previous fiscal year did not arise in the current period.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 September 2025–28 February 2026 |
| Net Sales | 1,424 Millions of yen (YoY -9.9%) |
| Operating profit | -90 Millions of yen |
| Ordinary income | -92 Millions of yen |
| Profit attributable to owners of the parent | -83 Millions of yen |
| Net income per share | ¥(7.45) |
| Equity ratio | End of the current fiscal period 46.5 / End of previous period 43.9 |
| Total assets | 1,727 Millions of yen |
| Net assets | 812 Millions of yen |
| Cash flows from operating activities | -4 Millions of yen |
| Cash flows from investing activities | -4 Millions of yen |
| Cash flows from financing activities | -39 Millions of yen |
| Cash and cash equivalents at end of period | 812 Millions of yen |
| Full-year earnings forecast | Net Sales 3,072 Millions of yen (YoY -4.2%) / Operating profit 0 Millions of yen / Ordinary income 0 Millions of yen / Net income 0 Millions of yen |
| Annual Dividend Forecast | ¥0 → ¥0（0.0%） |
| Segment revenue | APP business 1,359 Millions of yen (YoY -9.8%), RET business 38 Millions of yen (YoY -41.4%), Other Businesses 25 Millions of yen (YoY +207.3%) |
| Segment profit | APP business 32 Millions of yen (YoY -12.9%), RET business 7 Millions of yen (YoY -65.6%), Other Businesses 6 Millions of yen |
| Depreciation and amortization | 5 Millions of yen |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Gain from a change in the method for calculating revenue 9 Millions of yen, Category Extraordinary Losses / Item No applicable matters. |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | The company has entered into an agreement to acquire the Bridge Business of narrative株式会社 through a simplified absorption-type company split, effective 1 June 2026, and plans to pay ¥18 million in cash as consideration. The business is expected to be reflected in results from the fourth quarter of the fiscal year ending August 2026. The amount of the impact is currently under review. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 11,261,970 Shares |
| Treasury Shares at Period-End | 277 Shares |
| Factors Behind Changes in Business Performance | The APP business reported lower sales due to the conclusion of serialized popular titles, lower billing revenue, slower growth in advertising rewards and lower advertising rates. Operating loss narrowed as costs were reduced through optimizing staffing levels and improving operational efficiency in existing services. In the RET business, lodging demand and occupancy rates remained firm, but sales declined because brokerage fees from the sale and purchase of lodging properties recorded in the previous fiscal year did not arise in the current period. |
Items this document does not state (6)
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 APP business, sales declined due to the conclusion of serialized popular titles, lower billing revenue, slower growth in advertising rewards and lower advertising rates. However, operating loss narrowed as costs were reduced through optimizing staffing levels and improving operational efficiency in existing services. In the RET business, lodging sales remained firm, but sales declined because brokerage fees from the sale and purchase of lodging properties, which arose in the previous fiscal year, did not arise in the current period.