Worth reading
76Important
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
579
¥ million (year-on-year increase in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationThird quarter of the fiscal year ending November 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,149 million+101.6%
Operating profit¥225 million
Ordinary income¥228 million
Net income¥154 million
Selling, general and administrative expenses¥390 million
Results for the three months of the current quarter
Net Sales
¥732 million
Ordinary income
¥332 million
Completed Engagements
7 Engagements
New engagements
15 Engagements
Average fee per case
¥104 million
Full-year earnings forecast
Net Sales
¥1,630 million
Operating profit
¥194 million
Ordinary income
¥197 million
Net income
¥131 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 Sales70.5 %
Operating profit116.1 %
Ordinary income115.9 %
Net income117.7 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue is progressing smoothly, ordinary profit has already exceeded the full-year target level, and the company expects the full-year plan to be readily achievable.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net SalesClosing of large projects; increase in the average fee per engagement
ProfitCost containment from discontinuing some initiatives considered to have limited effectiveness
New initiatives
- Introduction of a Shareholder Benefit Program
- Diversification of engagement structures
- Project management framework using an internal communication tool
- Promoting alliances with companies such as リンカーズ
- Considering AI matching
Key KPIsA metric the company considers important as a management benchmark.
- Completed Engagements17 Engagementsyoy+2 properties
- New engagements55 EngagementsyoyDown 11 cases
- Total estimated fees accumulated through 3Q¥4,346 million
- Engagements under contract (project development phase)17 Engagements
- Engagements under contract (matching phase)39 Engagements
- Engagements under contract (execution phase)20 Engagements
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Completed Engagements
17 Engagements
yoy+2 properties
3Q Average Compensation per Unit
¥104 million
Medium-term management plan targets
Target fiscal yearFY2030/11
Net Sales
TargetRevenue growth at a 30% CAGR
DetailsSustainably increase corporate value by coordinating the three businesses of M&A advisory, investment and consulting
Market Size / Share
Number of companies in Japan3 million companies
Companies with presidents aged 60 or older1.58 million companies with presidents aged 60 or older
Companies without successors490,000 companies without successors
Rate of companies without successors50.1%
Number of completed M&A transactionsSeveral thousand transactions annually
Number of employees
58 people
Change during the periodIncreased by 2 people through 3Q
Hiring planPlan to hire 7 additional consultants
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Third quarter of the fiscal year ending November 2026 |
| Net Sales | ¥1,149 million (YoY +101.6%) |
| Operating profit | ¥225 million |
| Ordinary income | ¥228 million |
| Net income | ¥154 million |
| Selling, general and administrative expenses | ¥390 million |
| Results for the three months of the current quarter | Net Sales ¥732 million / Ordinary income ¥332 million / Completed Engagements 7 Engagements / New engagements 15 Engagements / Average fee per case ¥104 million |
| Full-year earnings forecast | Net Sales ¥1,630 million / Operating profit ¥194 million / Ordinary income ¥197 million / Net income ¥131 million |
| Progress against full-year forecast | Net Sales 70.5 % / Operating profit 116.1 % / Ordinary income 115.9 % / Net income 117.7 % |
| Self-assessment against the plan | Revenue is progressing smoothly, ordinary profit has already exceeded the full-year target level, and the company expects the full-year plan to be readily achievable. |
| Breakdown of Factors Affecting the Change | Net Sales Closing of large projects; increase in the average fee per engagement / Profit Cost containment from discontinuing some initiatives considered to have limited effectiveness |
| Key KPIs | Completed Engagements 17 Engagements, New engagements 55 Engagements, Total estimated fees accumulated through 3Q ¥4,346 million, Engagements under contract (project development phase) 17 Engagements, Engagements under contract (matching phase) 39 Engagements, Engagements under contract (execution phase) 20 Engagements |
| Unit price and quantity metrics | Completed Engagements 17 Engagements / Average fee per case Not disclosed / 3Q Average Compensation per Unit ¥104 million |
| Number of employees | 58 people |
| Medium-term management plan targets | Target fiscal year FY2030/11 / Net Sales value Not disclosed / Target Revenue growth at a 30% CAGR / Details Sustainably increase corporate value by coordinating the three businesses of M&A advisory, investment and consulting |
| Market Size / Share | Number of companies in Japan 3 million companies / Companies with presidents aged 60 or older 1.58 million companies with presidents aged 60 or older / Companies without successors 490,000 companies without successors / Rate of companies without successors 50.1% / Number of completed M&A transactions Several thousand transactions annually |
| New initiatives | Introduction of a Shareholder Benefit Program, Diversification of engagement structures, Project management framework using an internal communication tool, Promoting alliances with companies such as リンカーズ, Considering AI matching |
Items this document does not state (13)
Gross Profit MarginOperating profit marginSegment resultsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial 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.The average fee per engagement increased as a result of closing large projects, while costs were contained after some initiatives considered to have limited effectiveness were discontinued. Although the number of new engagements declined, the company advanced optimal resource allocation by expanding the scope and discretion of sourcing activities for highly experienced consultants, resulting in a higher proportion of large projects.
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.