Komori
Financial results presentation7084Smile Holdings Inc.Information and Communications, Services and Others

Presentation Materials on Financial Results for the Second Quarter of the Fiscal Year Ending March 2027

The consolidation of WITH Holdings' results from the second quarter led to significant increases in revenue, EBITDA, operating income and net income. For the cumulative second quarter, progress against the full-year forecast reached 98% for ordinary income and 150% for net income.

Worth reading
47Recurring
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
159
Year-on-year change in net sales (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationSecond 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 Sales11,043 Millions of yen+159.0%
Operating profit564 Millions of yen+181.0%
Ordinary income441 Millions of yen+142.0%
Net income331 Millions of yen+155.0%
Results for the three months of the current quarter
Net Sales
7,300 Millions of yen+205.0%
Operating profit
410 Millions of yen+234.0%
Net income
260 Millions of yen+275.0%
EBITDA
900 Millions of yen+214.0%
Full-year earnings forecast
Net Sales
25,500 Millions of yen
EBITDA
2,500 Millions of yen
Operating profit
1,000 Millions of yen
Ordinary income
450 Millions of yen
Net income
221 Millions of yen
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 Sales43%
EBITDA50%
Operating profit56%
Ordinary income98%
Net income150%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
A strong pace in line with or exceeding the plan scenario
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Beginning to consolidate the WITH Group following the M&A
  • One-off M&A expenses (financing arrangement costs)200 Millions of yen
  • One-off M&A expenses (head office integration costs)200 Millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Consolidated reporting periodThe WITH Group contributes 9 months in the fiscal year ending March 2027
Assumptions for the fiscal year ending March 2028The WITH Group contributes 12 months, with no one-off expenses
Revenue StructureWeighted toward the second half
New initiatives
  • Beginning to consolidate WITH Holdings
  • Opening of the postpartum care hotel Villa Mom Tokyo Ariake
  • Plans for Villa Mom's second location and multi-location expansion
Key KPIsA metric the company considers important as a management benchmark.
  • Number of operating locations184 sites
    Year on year against the same period last yearIncreased from 81 to 103 locations
  • Number of children11,638 people
    Year on year against the same period last year+218.0%
  • Google review rating4.9 items
  • Percentage of stays of 6 nights or more24 %
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
400 Millions of yen
DetailsOne-off M&A expenses (¥200 million in financing arrangement costs and ¥200 million in head office integration costs)
Number of stores and locations
Number at period-end184 sites
Annual Dividend
¥105 per share
Interim52.5
End of period52.5
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending March 2027
Net Sales11,043 Millions of yen (YoY +159.0%)
Operating profit564 Millions of yen (YoY +181.0%)
Ordinary income441 Millions of yen (YoY +142.0%)
Net income331 Millions of yen (YoY +155.0%)
Results for the three months of the current quarterNet Sales 7,300 Millions of yen (YoY +205.0%) / Operating profit 410 Millions of yen (YoY +234.0%) / Net income 260 Millions of yen (YoY +275.0%) / EBITDA 900 Millions of yen (YoY +214.0%)
Full-year earnings forecastNet Sales 25,500 Millions of yen / EBITDA 2,500 Millions of yen / Operating profit 1,000 Millions of yen / Ordinary income 450 Millions of yen / Net income 221 Millions of yen
Progress against full-year forecastNet Sales 43% / EBITDA 50% / Operating profit 56% / Ordinary income 98% / Net income 150%
Self-assessment against the planA strong pace in line with or exceeding the plan scenario
Breakdown of Factors Affecting the ChangeFactors Beginning to consolidate the WITH Group following the M&A / Amount Not disclosed, Factors One-off M&A expenses (financing arrangement costs) / Amount 200 Millions of yen, Factors One-off M&A expenses (head office integration costs) / Amount 200 Millions of yen
Key KPIsNumber of operating locations 184 sites, Number of children 11,638 people, Google review rating 4.9 items, Percentage of stays of 6 nights or more 24 %
Number of stores and locationsNumber at period-end 184 sites / Number of store openings and closures during the period Not disclosed
Assumptions Underlying the Business OutlookConsolidated reporting period The WITH Group contributes 9 months in the fiscal year ending March 2027 / Assumptions for the fiscal year ending March 2028 The WITH Group contributes 12 months, with no one-off expenses / Revenue Structure Weighted toward the second half
Risk amount incorporated into the outlookAmount 400 Millions of yen / Details One-off M&A expenses (¥200 million in financing arrangement costs and ¥200 million in head office integration costs)
Annual Dividend¥105 per share
New initiativesBeginning to consolidate WITH Holdings, Opening of the postpartum care hotel Villa Mom Tokyo Ariake, Plans for Villa Mom's second location and multi-location expansion
Items this document does not state (14)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesSegment resultsUnit price and quantity metricsNumber of employeesMedium-term management plan targetsFinancial targetsPayout 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 reasons cited include the M&A impact from beginning to consolidate WITH Holdings, growth in the existing childcare business, improved occupancy at childcare facilities, and cost control.

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.
Presentation Materials on Financial Results for the Second Quarter of the Fiscal Year Ending March 2027 | Smile Holdings Inc. (7084) timely disclosure | Komori