Briefing Materials on Financial Results for the First Quarter of the Fiscal Year Ending March 2027 | geechs inc. (7060) timely disclosure

Worth reading

74In focus

Scored from 5 of 6 sections

Direction

Mixed performance

Direction inferred from the company’s description.

Scale

9.3

Year-on-year revenue growth (%)

Wording

Conditional

How definitive the wording is.

Contents of this document

Financial results presentationFirst quarter of the fiscal year ending March 20278 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥6,968 million+9.3%

Operating profit¥204 million+11.2%

Ordinary income¥164 million-9.2%

Net income¥86 million-24.6%

Operating profit margin2.9 %

Results for the three months of the current quarterRevenue ¥6,968 million, EBITDA ¥237 million, operating profit ¥204 million, ordinary profit ¥164 million, net income attributable to owners of the parent ¥86 million

Full-year earnings forecast

Net Sales

¥28,300 million

EBITDA

¥1,090 million

Operating profit

¥1,000 million

Ordinary income

¥970 million

Net income

¥630 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 Sales51.2% (progress against first-half plan)

EBITDA62.6% (progress against first-half plan)

Operating profit61.0% (progress against first-half plan)

Ordinary income51.3% (progress against first-half plan)

Net income41.4% (progress against first-half plan)

Domestic IT talent revenue24.0%

Domestic IT talent profit23.2%

Overseas IT talent revenue26.6%

Overseas IT talent profit46.2%

Seed Tech revenue18.5%

What the company explained in this material

Self-assessment against the planThe company's self-assessment against its own plan.

Operating profit progress against the first-half plan was 61%, tracking well. Domestic IT talent is in line with plan, while Seed Tech's segment profit is also in line with plan at negative ¥25 million.

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.

Australian dollar exchange rate¥110 (assumed exchange rate)

New initiatives

Launch of an FDE training program for registered IT freelancers
Launch of an AX development team focused on project-based orders
New structure for Seed Tech following its merger with アライヴ社

Key KPIsA metric the company considers important as a management benchmark.

Share of AI projects13.6 %
Year on year against the same period last yearMore than three times the year-earlier level
Take rate18.3 %
Year on year against the same period last year+0.6 percentage points
Share of regional operations31 %
Year on year against the same period last year+3.3 percentage points year on year
Number of new corporate clients40 companies
New IT freelance registrants407 people
IT freelancer database24,000 participants

Unit price and quantity metricsThese figures show sales broken down by price and volume.

Person-months worked

5,087 Person-months+1.7%

Average order value

¥83.7 10,000+0.9%

Segment results

Domestic IT talent

Sales

¥4,144 million+2.7%

Profit

¥360 million+2.7%

Overseas IT talent

Sales

¥2,660 million+23.0%

Profit

¥27 million

Seed Tech

Sales

¥184 million-1.9%

Profit

¥-25 million

Financial targets

Equity ratio

Actual results37.3 %

ROE

Actual resultsNot disclosed for the first quarter of the fiscal year ending March 2027

Number of employees

296 people

Record date30 June 2026

Contents of this document
Item	Details
Document type	Financial results presentation
Fiscal Period Covered	First quarter of the fiscal year ending March 2027
Net Sales	¥6,968 million (YoY +9.3%)
Operating profit	¥204 million (YoY +11.2%)
Ordinary income	¥164 million (YoY -9.2%)
Net income	¥86 million (YoY -24.6%)
Operating profit margin	2.9 %
Results for the three months of the current quarter	Revenue ¥6,968 million, EBITDA ¥237 million, operating profit ¥204 million, ordinary profit ¥164 million, net income attributable to owners of the parent ¥86 million
Full-year earnings forecast	Net Sales ¥28,300 million / EBITDA ¥1,090 million / Operating profit ¥1,000 million / Ordinary income ¥970 million / Net income ¥630 million
Progress against full-year forecast	Net Sales 51.2% (progress against first-half plan) / EBITDA 62.6% (progress against first-half plan) / Operating profit 61.0% (progress against first-half plan) / Ordinary income 51.3% (progress against first-half plan) / Net income 41.4% (progress against first-half plan) / Domestic IT talent revenue 24.0% / Domestic IT talent profit 23.2% / Overseas IT talent revenue 26.6% / Overseas IT talent profit 46.2% / Seed Tech revenue 18.5%
Self-assessment against the plan	Operating profit progress against the first-half plan was 61%, tracking well. Domestic IT talent is in line with plan, while Seed Tech's segment profit is also in line with plan at negative ¥25 million.
Segment results	Domestic IT talent Sales ¥4,144 million (YoY +2.7%) / Profit ¥360 million (YoY +2.7%) / Overseas IT talent Sales ¥2,660 million (YoY +23.0%) / Profit ¥27 million / Seed Tech Sales ¥184 million (YoY -1.9%) / Profit ¥-25 million
Key KPIs	Indicator name Share of AI projects / Value 13.6 % / Year on year against the same period last year More than three times the year-earlier level, Indicator name Take rate / Value 18.3 % / Year on year against the same period last year +0.6 percentage points, Indicator name Share of regional operations / Value 31 % / Year on year against the same period last year +3.3 percentage points year on year, Indicator name Number of new corporate clients / Value 40 companies / Year on year against the same period last year Not disclosed, Indicator name New IT freelance registrants / Value 407 people / Year on year against the same period last year Not disclosed, Indicator name IT freelancer database / Value 24,000 participants / Year on year against the same period last year Not disclosed
Unit price and quantity metrics	Person-months worked 5,087 Person-months (YoY +1.7%) / Average order value ¥83.7 10,000 (YoY +0.9%)
Number of employees	296 people
Assumptions Underlying the Business Outlook	Australian dollar exchange rate ¥110 (assumed exchange rate)
Financial targets	Equity ratio Actual results 37.3 % / ROE Actual results Not disclosed for the first quarter of the fiscal year ending March 2027
New initiatives	Launch of an FDE training program for registered IT freelancers, Launch of an AX development team focused on project-based orders, New structure for Seed Tech following its merger with アライヴ社

Items this document does not state (13)

Gross Profit MarginSelling, general and administrative expensesBreakdown of Factors Affecting the ChangeNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan 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 increases in revenue and operating profit were driven by growth in dispatch and placement revenue in the overseas IT talent business, among other factors. Ordinary profit declined because one-off non-operating expenses were incurred in the first quarter. Seed Tech's loss was attributable to upfront investment and various expenses associated with the integration of management, among other factors.

How to read this page

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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.