Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
47.3
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFiscal year ending April 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥29,948 million+47.3%
Operating profit¥2,100 million+64.4%
Ordinary income¥2,108 million+66.4%
Net income¥1,245 million+42.1%
Gross Profit Margin18.5 %
Operating profit margin7 %
Selling, general and administrative expenses¥3,431 million
Results for the three months of the current quarter
Net Sales
¥7,014 million+6.9%
Operating profit
¥180 million-62.0%
Year-on-year change in operating profit excluding special factors-21.6
Full-year earnings forecast
Fiscal year ending April 2027
Net Sales
¥30,100 million
Operating profit
¥2,110 million
Ordinary income
¥2,110 million
Net income for the current fiscal year
¥1,300 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Revenue growth (3 organic companies)¥753 million
- Growth in group companies' gross profit¥1,022 million
- Improvement in Gross Profit Margin¥-137 million
- Increase in group personnel expenses¥-313 million
- Increase in strategic investment for the following fiscal year and beyond¥-133 million
- Increase in retirement benefit expenses due to a change in accounting treatment¥-65 million
- Goodwill amortization¥-68 million
- Other¥-236 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Whether major events are held, synergies from an increase in group companies, and project acquisitionNew initiatives
- Continuation of the M&A-based roll-up strategy
- Continuation of CVC investments
- Liberal arts education
- Leadership training program for managers
- Consideration of diversifying shareholder returns, including the payment of an interim dividend
Key KPIsA metric the company considers important as a management benchmark.
- ROE13.3 %Year on year against the same period last yearUp from 10.2% in the fiscal year ended April 2025
- Direct client ratio47.4 %Year on year against the same period last yearUp from 40.5% in the fiscal year ended April 2025
- Revenue share of projects exceeding ¥100 million29.5 %
- Revenue share of projects exceeding ¥30 million54.1 %Year on year against the same period last yearUp from 40.2% in the fiscal year ended April 2025
- Average salary8 % increaseYear on year against the same period last yearYear on year
- Employee Engagement10 Point improvementYear on year against the same period last yearOver the latest 5 periods
Financial targets
Actual ROE13.3 %
Orders received and order backlog
- Orders and pipeline backlog (Orders + High + Mid)¥12,129 millionRecord date30 April 2026
- Total Low¥4,736 millionRecord date30 April 2026
Number of stores and locations
8 major locations. Openings and closures during the period: Not disclosedNumber of employees
Number of Employees484 People
As ofApril 2026
Changes during the period and hiring planThe group expanded its workforce by 195% over the latest 5 fiscal years. Specific number of new graduate hires: Not disclosed
Annual Dividend
Fiscal year ending April 2026¥70 per share
Forecast for the fiscal year ending April 2027¥73 per share
Payout ratio
50 Approximately %
NotesExcluding periods in which large-scale M&A is conducted
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending April 2026 |
| Net Sales | ¥29,948 million (YoY +47.3%) |
| Operating profit | ¥2,100 million (YoY +64.4%) |
| Ordinary income | ¥2,108 million (YoY +66.4%) |
| Net income | ¥1,245 million (YoY +42.1%) |
| Gross Profit Margin | 18.5 % |
| Operating profit margin | 7 % |
| Selling, general and administrative expenses | ¥3,431 million |
| Results for the three months of the current quarter | Net Sales ¥7,014 million (YoY +6.9%) / Operating profit ¥180 million (YoY -62.0%) / Year-on-year change in operating profit excluding special factors -21.6 |
| Full-year earnings forecast | Subject Fiscal year ending April 2027 / Net Sales ¥30,100 million / Operating profit ¥2,110 million / Ordinary income ¥2,110 million / Net income for the current fiscal year ¥1,300 million |
| Breakdown of Factors Affecting the Change | Factors Revenue growth (3 organic companies) / Amount ¥753 million, Factors Growth in group companies' gross profit / Amount ¥1,022 million, Factors Improvement in Gross Profit Margin / Amount ¥-137 million, Factors Increase in group personnel expenses / Amount ¥-313 million, Factors Increase in strategic investment for the following fiscal year and beyond / Amount ¥-133 million, Factors Increase in retirement benefit expenses due to a change in accounting treatment / Amount ¥-65 million, Factors Goodwill amortization / Amount ¥-68 million, Factors Other / Amount ¥-236 million |
| Key KPIs | Indicator name ROE / Value 13.3 % / Year on year against the same period last year Up from 10.2% in the fiscal year ended April 2025, Indicator name Direct client ratio / Value 47.4 % / Year on year against the same period last year Up from 40.5% in the fiscal year ended April 2025, Indicator name Revenue share of projects exceeding ¥100 million / Value 29.5 % / Year on year against the same period last year Not disclosed, Indicator name Revenue share of projects exceeding ¥30 million / Value 54.1 % / Year on year against the same period last year Up from 40.2% in the fiscal year ended April 2025, Indicator name Average salary / Value 8 % increase / Year on year against the same period last year Year on year, Indicator name Employee Engagement / Value 10 Point improvement / Year on year against the same period last year Over the latest 5 periods |
| Number of stores and locations | 8 major locations. Openings and closures during the period: Not disclosed |
| Number of employees | Number of Employees 484 People / As of April 2026 / Changes during the period and hiring plan The group expanded its workforce by 195% over the latest 5 fiscal years. Specific number of new graduate hires: Not disclosed |
| Assumptions Underlying the Business Outlook | Whether major events are held, synergies from an increase in group companies, and project acquisition |
| Financial targets | Actual ROE 13.3 % / Target Not disclosed |
| Annual Dividend | Fiscal year ending April 2026 ¥70 per share / Forecast for the fiscal year ending April 2027 ¥73 per share / Interim and Year-End Breakdown Not disclosed |
| Payout ratio | 50 Approximately % |
| Orders received and order backlog | Orders and pipeline backlog (Orders + High + Mid) ¥12,129 million, Total Low ¥4,736 million |
| New initiatives | Continuation of the M&A-based roll-up strategy, Continuation of CVC investments, Liberal arts education, Leadership training program for managers, Consideration of diversifying shareholder returns, including the payment of an interim dividend |
Items this document does not state (10)
Progress against full-year forecastSelf-assessment against the planSegment resultsUnit price and quantity metricsRisk amount incorporated into the outlookMedium-term management plan targetsAcquisition of treasury sharesCapital expendituresMarket 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.Revenue and profits increased due to growth in the number of group companies under the roll-up strategy, larger projects, progress in developing direct clients, and NPU joining the group. For the fiscal year ending April 2027, the company expects synergies from an increase in group companies and steady project acquisition.
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.