Worth reading
79Important
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
41.8
Millions of yen (year-on-year improvement in operating income (loss))Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Presentation materials on financial resultsFirst quarter of the fiscal year ending March 20279 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥693,027 thousand+1.7%
Operating profit¥-25,751 thousand+41.8%
Ordinary income¥-240,594 thousand-181.1%
Net income¥-241,951 thousand-180.1%
Selling, general and administrative expenses¥314,863 thousand
Results for the three months of the current quarter
Net Sales¥693.027 million
Operating profit (loss)−¥25.751 million
Ordinary profit or loss−¥240.594 million
Net income (loss) for the current fiscal year−¥241.951 million
Full-year earnings forecast
Net Sales
¥2,910,000 thousand
EC sales
¥2,100,000 thousand
Event revenue
¥750,000 thousand
Crypto asset revenue
¥60,000 thousand
Gross profit
¥1,240,000 thousand
Selling, general and administrative expenses
¥1,240,000 thousand
Operating profit
¥0 thousand
Ordinary incomeNot disclosed
Net income for the current fiscal yearNot disclosed
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 Sales23.8%
EC sales26.0%
Event revenue18.9%
Crypto asset revenue10.4%
Gross profit23.3%
Selling, general and administrative expenses25.4%
Operating profit—%
Ordinary income—%
Net income for the current fiscal year—%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Both revenue and profit exceeded the initial plan / strong startBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Impact of higher revenue+¥8.6 million
Gross margin improvement+¥49.8 million
Fixed-Cost Reduction+¥9.6 million
Revenue-linked expenses−¥12.5 million
Upfront Investment−¥8.6 million
Other SG&A expenses−¥5.0 million
New initiatives
- Investment in ETH-denominated hedge funds
- Consideration of new and additional investments while monitoring investment performance
- Expansion of the events business through collaboration with partners whose sales channels include major nationwide retail companies
Key KPIsA metric the company considers important as a management benchmark.
- In-house e-commerce (main store) revenue¥94.3 millionYear on year against the same period last year+59.8%
- Overseas revenue from the events business¥29.1 millionYear on year against the same period last yearApproximately 2.5 times year-earlier level
- Overseas revenue ratio of the events business20.6 %
- ETH holdings2,773 ETH
- Average acquisition cost per ETH¥425 thousand
- Cumulative ETH acquisition cost¥1,178 million
- Membership growth rate (CAGR)7.6 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
User Numbers
590 10,000 people
Year on year against the same period last year-13.2%
Purchase rate
1.14 %
Year on year against the same period last year+0.2pt
Average purchase price
¥7,401
Year on year against the same period last year-0.22%
Segment results
EC
Net Sales
¥545,197 thousand
Year on year against the same period last year+1.7%
Events
Net Sales
¥141,597 thousand
Year on year against the same period last year-2.4%
Crypto Assets
Net Sales
¥6,234 thousand
Market Size / Share
- Estimated global BL market size¥300 billion+
- BL fandomMore than 100,000 people
- ETH holdingsThird among Japanese companies
Number of stores and locations
Number of Stores at Period-End3 Location
Stores closed during the period3 Location
Number of employees
Number of Employees59 full-time employees
| Item | Details |
|---|---|
| Document type | Presentation materials on financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥693,027 thousand (YoY +1.7%) |
| Operating profit | ¥-25,751 thousand (YoY +41.8%) |
| Ordinary income | ¥-240,594 thousand (YoY -181.1%) |
| Net income | ¥-241,951 thousand (YoY -180.1%) |
| Selling, general and administrative expenses | ¥314,863 thousand |
| Results for the three months of the current quarter | Net Sales ¥693.027 million / Operating profit (loss) −¥25.751 million / Ordinary profit or loss −¥240.594 million / Net income (loss) for the current fiscal year −¥241.951 million |
| Full-year earnings forecast | Net Sales ¥2,910,000 thousand / EC sales ¥2,100,000 thousand / Event revenue ¥750,000 thousand / Crypto asset revenue ¥60,000 thousand / Gross profit ¥1,240,000 thousand / Selling, general and administrative expenses ¥1,240,000 thousand / Operating profit ¥0 thousand / Ordinary income Not disclosed / Net income for the current fiscal year Not disclosed |
| Progress against full-year forecast | Net Sales 23.8% / EC sales 26.0% / Event revenue 18.9% / Crypto asset revenue 10.4% / Gross profit 23.3% / Selling, general and administrative expenses 25.4% / Operating profit —% / Ordinary income —% / Net income for the current fiscal year —% |
| Self-assessment against the plan | Both revenue and profit exceeded the initial plan / strong start |
| Segment results | EC Net Sales ¥545,197 thousand / Year on year against the same period last year +1.7% / Events Net Sales ¥141,597 thousand / Year on year against the same period last year -2.4% / Crypto Assets Net Sales ¥6,234 thousand / Year on year against the same period last year Not disclosed |
| Breakdown of Factors Affecting the Change | Impact of higher revenue +¥8.6 million / Gross margin improvement +¥49.8 million / Fixed-Cost Reduction +¥9.6 million / Revenue-linked expenses −¥12.5 million / Upfront Investment −¥8.6 million / Other SG&A expenses −¥5.0 million |
| Key KPIs | In-house e-commerce (main store) revenue ¥94.3 million, Overseas revenue from the events business ¥29.1 million, Overseas revenue ratio of the events business 20.6 %, ETH holdings 2,773 ETH, Average acquisition cost per ETH ¥425 thousand, Cumulative ETH acquisition cost ¥1,178 million, Membership growth rate (CAGR) 7.6 % |
| Unit price and quantity metrics | User Numbers 590 10,000 people / Purchase rate 1.14 % / Average purchase price ¥7,401 |
| Number of stores and locations | Number of Stores at Period-End 3 Location / Stores opened during the period Not disclosed / Stores closed during the period 3 Location |
| Number of employees | Number of Employees 59 full-time employees / Change during the period Not disclosed / Hiring plan Not disclosed |
| Market Size / Share | Estimated global BL market size ¥300 billion+, BL fandom More than 100,000 people, ETH holdings Third among Japanese companies |
| New initiatives | Investment in ETH-denominated hedge funds, Consideration of new and additional investments while monitoring investment performance, Expansion of the events business through collaboration with partners whose sales channels include major nationwide retail companies |
Items this document does not state (12)
Gross Profit MarginOperating profit marginAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial 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.Operating income (loss) improved due to a higher gross margin resulting from increases in the event revenue mix and the in-house e-commerce revenue mix within comic e-commerce, the effect of higher revenue, and fixed-cost reductions. Meanwhile, the deterioration in ordinary and net income (loss) was attributable to a ¥216.793 million crypto asset valuation loss on ETH held by the Company, following the decline in the market price of ETH.
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.