Worth reading
72In focus
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
18.2
Year-on-year change in operating revenue (%)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFirst 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 Sales12,174 million yen+18.2%
Operating profit2,514 million yen+58.6%
Ordinary income2,524 million yen+47.8%
Net income¥1,742 millions +43.5%profit attributable to owners of the parent
Results for the three months of the current quarter
Operating revenue
12,174 million yen
Operating Expenses
9,661 million yen
Operating profit
2,514 million yen
Profit before quarterly income taxes
2,524 million yen
Quarterly profit attributable to owners of the parent
1,742 million yen
Full-year earnings forecast
Operating revenue
51,000 million yen
Income before taxes
10,600 million 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。
Operating revenue23.9%
Income before taxes23.8%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing steadily against the full-year forecastBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Operating Expenses
Breakdown warranty costs
¥418 million increase
Auto mobility-related costs
¥531 million increase
Personnel Expenses
¥169 million increase
System operation, outsourcing and commissions
¥265 million decrease
Advertising expenses
¥191 million decrease
Other expenses
¥171 million increase
New initiatives
- Launch of applications for the Car Premium Visa Card through a partnership with ポケットカード
- Opening of the Car Premium Nishi-Tokyo store through a joint venture with バイク王
- Issuance of ¥8.5 billion in unsecured corporate bonds
- Planned participation in the Nikkei–Tokyo Stock Exchange IR Fair 2026
Key KPIsA metric the company considers important as a management benchmark.
- Membership fee revenue563 million yenYear on year against the same period last year+39.6%
- Number of Car Premium Club member stores6,309 LocationYear on year against the same period last year+38.5%
- Churn rate1.15 %Year on year against the same period last yearImproved
- Credit transaction volume¥957 100 millionYear on year against the same period last year+4.2%
- Breakdown warranty transaction volume¥24.7 100 millionYear on year against the same period last year+16.3%
- Credit receivables balance¥9,180 100 millionYear on year against the same period last year+12.6%
- Delinquent receivables ratio2.52 %Year on year against the same period last yearImproved
- Car Premium dealer ratio75.8 %
Segment results
Finance Business
Operating revenue
6,366 million yen
Operating revenue_yoy_pct9.8
Operating profit
1,380 million yen
Operating profit_yoy_pct63.6
Income before taxes
1,345 million yen
Profit before tax_yoy_pct57.7
Breakdown Warranty business
Operating revenue
2,327 million yen
Operating revenue_yoy_pct23.2
Operating profit
419 million yen
Operating profit_yoy_pct16.9
Income before taxes
471 million yen
Profit before tax_yoy_pct20.4
Auto Mobility Services business
Operating revenue
3,475 million yen
Operating revenue_yoy_pct39.8
Operating profit
722 million yen
Operating profit_yoy_pct173.9
Income before taxes
711 million yen
Profit before tax_yoy_pct170.8
Medium-term management plan targets
Target fiscal yearFiscal year ending March 2030
Operating revenue¥84 billion
Income before taxes¥21.0 billion
Profit for the period¥14.0 billion
PER22x
Market capitalization¥300.0 billion
Car Premium membership fee revenue¥5 billion
Churn Rate1.0% or less
Existing Diamond member LTV2.5x
Number of employees
Number of Employees953 people
Record dateEnd of June 2026
Payout ratio
TargetDividend payout ratio of more than 30%
Total payout ratioTargeting a total payout ratio of 50% in the fiscal year ending March 2030
Acquisition of treasury shares
PolicyPlans to continue repurchasing treasury shares
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | 12,174 million yen (YoY +18.2%) |
| Operating profit | 2,514 million yen (YoY +58.6%) |
| Ordinary income | 2,524 million yen (YoY +47.8%) |
| Net income | ¥1,742 millions (profit attributable to owners of the parent) (YoY +43.5%) |
| Results for the three months of the current quarter | Operating revenue 12,174 million yen / Operating Expenses 9,661 million yen / Operating profit 2,514 million yen / Profit before quarterly income taxes 2,524 million yen / Quarterly profit attributable to owners of the parent 1,742 million yen |
| Full-year earnings forecast | Operating revenue 51,000 million yen / Income before taxes 10,600 million yen / Operating profit Not disclosed / Net income Not disclosed |
| Progress against full-year forecast | Operating revenue 23.9% / Income before taxes 23.8% |
| Self-assessment against the plan | Progressing steadily against the full-year forecast |
| Segment results | Finance Business Operating revenue 6,366 million yen / Operating revenue_yoy_pct 9.8 / Operating profit 1,380 million yen / Operating profit_yoy_pct 63.6 / Income before taxes 1,345 million yen / Profit before tax_yoy_pct 57.7 / Breakdown Warranty business Operating revenue 2,327 million yen / Operating revenue_yoy_pct 23.2 / Operating profit 419 million yen / Operating profit_yoy_pct 16.9 / Income before taxes 471 million yen / Profit before tax_yoy_pct 20.4 / Auto Mobility Services business Operating revenue 3,475 million yen / Operating revenue_yoy_pct 39.8 / Operating profit 722 million yen / Operating profit_yoy_pct 173.9 / Income before taxes 711 million yen / Profit before tax_yoy_pct 170.8 |
| Breakdown of Factors Affecting the Change | Operating Expenses Breakdown warranty costs ¥418 million increase / Auto mobility-related costs ¥531 million increase / Personnel Expenses ¥169 million increase / System operation, outsourcing and commissions ¥265 million decrease / Advertising expenses ¥191 million decrease / Other expenses ¥171 million increase |
| Key KPIs | Indicator name Membership fee revenue / Value 563 million yen / Year on year against the same period last year 39.6 million yen, Indicator name Number of Car Premium Club member stores / Value 6,309 Location / Year on year against the same period last year 38.5 Location, Indicator name Churn rate / Value 1.15 % / Year on year against the same period last year Improved, Indicator name Credit transaction volume / Value ¥957 100 million / Year on year against the same period last year ¥4.2 100 million, Indicator name Breakdown warranty transaction volume / Value ¥24.7 100 million / Year on year against the same period last year ¥16.3 100 million, Indicator name Credit receivables balance / Value ¥9,180 100 million / Year on year against the same period last year ¥12.6 100 million, Indicator name Delinquent receivables ratio / Value 2.52 % / Year on year against the same period last year Improved, Indicator name Car Premium dealer ratio / Value 75.8 % / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees 953 people / Record date End of June 2026 |
| Medium-term management plan targets | Target fiscal year Fiscal year ending March 2030 / Operating revenue ¥84 billion / Income before taxes ¥21.0 billion / Profit for the period ¥14.0 billion / PER 22x / Market capitalization ¥300.0 billion / Car Premium membership fee revenue ¥5 billion / Churn Rate 1.0% or less / Existing Diamond member LTV 2.5x |
| Payout ratio | Target Dividend payout ratio of more than 30% / Total payout ratio Targeting a total payout ratio of 50% in the fiscal year ending March 2030 |
| Acquisition of treasury shares | Amount Not disclosed / Number of Shares Not disclosed / Period Not disclosed / Policy Plans to continue repurchasing treasury shares |
| New initiatives | Launch of applications for the Car Premium Visa Card through a partnership with ポケットカード, Opening of the Car Premium Nishi-Tokyo store through a joint venture with バイク王, Issuance of ¥8.5 billion in unsecured corporate bonds, Planned participation in the Nikkei–Tokyo Stock Exchange IR Fair 2026 |
Items this document does not state (13)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendCapital 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 company cites the accumulation of recurring revenue across its businesses, growth in the Auto Mobility Services business, an increase in Car Premium Club members, and higher vehicle sales as factors behind the increase in revenue. On the profit side, it cites the winding down of costs related to the core system failure response incurred in the previous year and the containment of operating expenses. Meanwhile, for domestic operating profit in the Breakdown Warranty business, the company states that a time lag in the penetration of the price revision benefits meant that it could not absorb the increase in repair costs.
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.