Worth reading
47Recurring
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
-94
¥ millions (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending December 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,135 million+0.3%
Operating profit¥-38 million
Ordinary income¥-28 million
Net income¥-119 million
Results for the three months of the current quarter
Operating revenue
¥1,135 million
Operating profit
¥-38 million
Ordinary income
¥-28 million
Quarterly net income
¥-119 million
Full-year earnings forecast
Operating revenue
¥5,000 million
Operating Expenses
¥4,620 million
Operating profit
¥380 million
Ordinary income
¥366 million
Net income for the current fiscal year
¥340 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Q1 results were in line with plan / broadly in line with planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in operating revenue¥4 million
- Reduction in personnel expenses¥11 million
- Increase in advertising expenses¥-13 million
- Increase in other expenses¥-96 million
New initiatives
- Provide VELTRA Cruises' booking system to major travel agencies on a B2B white-label basis
- Partner with the specialist overseas travel agency ジェイエスティ
- Partner with 読売旅行
- Fully launch the provision of inbound travel products for South Korea, based on the Korean subsidiary
- Eliminate offshore development in Malaysia and transition to a cross-functional organization
- Make focused investments in LINKTIVITY's infrastructure
Key KPIsA metric the company considers important as a management benchmark.
- LINKTIVITY operating revenue vs. plan121.3 %
- LINKTIVITY operating revenue year-on-year34 %
- Tourism IT business share of total company revenue25.8 %Year on year against the same period last year+19.3%
- Number of LINKTIVITY suppliers710 companiesYear-on-year change164
- Number of LINKTIVITY sales channels492 companiesYear-on-year change67
- Number of inbound travelers from South Korea1,900 10,000 peopleYear on year against the same period last year+19.0%
Segment results
OTA business
Operating revenue
¥843 million
Year on year against the same period last year-8.1%
Operating profit
¥131 million
Year-on-year operating profit growth-36.1
Tourism IT business (LINKTIVITY)
Operating revenue
¥293 million
Year on year against the same period last year+34.0%
Operating profit
¥-41 million
Medium-term management plan targets
The company is reviewing its policy of announcing a fixed three-year plan and will instead prioritize effectiveness and flexibility. Numerical targets: not disclosedMarket Size / Share
Inbound travel market from South Korea
Japanese travelers350 10,000 people
Global travelers1,540 10,000 people
Total travelers1,900 10,000 people
LINKTIVITY sales channelsMore than 490 companies
Number of employees
Headquarters
135 people
Consolidated
236 people
Record date31 March 2026
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥1,135 million (YoY +0.3%) |
| Operating profit | ¥-38 million |
| Ordinary income | ¥-28 million |
| Net income | ¥-119 million |
| Results for the three months of the current quarter | Operating revenue ¥1,135 million / Operating profit ¥-38 million / Ordinary income ¥-28 million / Quarterly net income ¥-119 million |
| Full-year earnings forecast | Operating revenue ¥5,000 million / Operating Expenses ¥4,620 million / Operating profit ¥380 million / Ordinary income ¥366 million / Net income for the current fiscal year ¥340 million |
| Self-assessment against the plan | Q1 results were in line with plan / broadly in line with plan |
| Segment results | OTA business Operating revenue ¥843 million / Year on year against the same period last year -8.1 / Operating profit ¥131 million / Year-on-year operating profit growth -36.1 / Tourism IT business (LINKTIVITY) Operating revenue ¥293 million / Year on year against the same period last year 34 / Operating profit ¥-41 million / Year-on-year operating profit growth Not disclosed |
| Breakdown of Factors Affecting the Change | Factors Increase in operating revenue / Amount ¥4 million, Factors Reduction in personnel expenses / Amount ¥11 million, Factors Increase in advertising expenses / Amount ¥-13 million, Factors Increase in other expenses / Amount ¥-96 million |
| Key KPIs | Indicator name LINKTIVITY operating revenue vs. plan / Value 121.3 % / Year on year against the same period last year Not disclosed, Indicator name LINKTIVITY operating revenue year-on-year / Value 34 %, Indicator name Tourism IT business share of total company revenue / Value 25.8 % / Year on year against the same period last year 19.3 %, Indicator name Number of LINKTIVITY suppliers / Value 710 companies / Year-on-year change 164 companies, Indicator name Number of LINKTIVITY sales channels / Value 492 companies / Year-on-year change 67 companies, Indicator name Number of inbound travelers from South Korea / Value 1,900 10,000 people / Year on year against the same period last year 19 10,000 people |
| Number of employees | Headquarters 135 people / Consolidated 236 people / Record date 31 March 2026 |
| Medium-term management plan targets | The company is reviewing its policy of announcing a fixed three-year plan and will instead prioritize effectiveness and flexibility. Numerical targets: not disclosed |
| Market Size / Share | Inbound travel market from South Korea Japanese travelers 350 10,000 people / Global travelers 1,540 10,000 people / Total travelers 1,900 10,000 people / LINKTIVITY sales channels More than 490 companies |
| New initiatives | Provide VELTRA Cruises' booking system to major travel agencies on a B2B white-label basis, Partner with the specialist overseas travel agency ジェイエスティ, Partner with 読売旅行, Fully launch the provision of inbound travel products for South Korea, based on the Korean subsidiary, Eliminate offshore development in Malaysia and transition to a cross-functional organization, Make focused investments in LINKTIVITY's infrastructure |
Items this document does not state (15)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastUnit 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.Variable costs and SG&A expenses, including server costs, temporarily increased as LINKTIVITY transaction volumes grew and the company won large-scale promotional projects. In the OTA business, uncertainty surrounding the situation in the Middle East and record bad weather in Hawaii and elsewhere contributed to performance falling short of plan in some areas.
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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