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Financial results presentation7378ASIRO Inc.Information and Communications, Services and Others

Second-Quarter Financial Results Presentation for the Fiscal Year Ending October 2026

For the six months ended 30 April 2026, revenue increased 6.5% year on year, while operating profit declined 23.4% due to upfront investments and higher advertising expenses. The full-year plan remains largely unchanged. In the second half, the Company will work to improve margins, launch new businesses and expand partnerships.

Worth reading
78Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-200
¥ million (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationSecond quarter of the fiscal year ending October 202612 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,561 million+6.5%
Operating profit¥651 million-23.4%
Ordinary income¥650 million -23.3%profit before tax
Net income¥429 million -28.9%profit attributable to owners of the parent
Selling, general and administrative expenses¥626 million
Gross Profit Margin
Rate35.8%
Year-on-year change (points)-6.1
Operating profit margin
Rate18.2%
Year-on-year change (points)-7.2
Results for the three months of the current quarter
Revenue
¥1,888 million+4.4%
Operating profit
¥368 million-17.6%
Operating profit margin
19.5%-5.2%
Quarterly profit attributable to owners of the parent
¥245 million-26.6%
Full-year earnings forecast
Revenue
¥7,000 million
Operating profit
¥1,500 million
Profit for the period attributable to owners of the parent
¥980 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。
Revenue50.9%
Operating profit43.4%
Profit for the period attributable to owners of the parent43.8%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue is broadly on track against the plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Legal Media standard products¥50 million
  • Legal Media high-priced products¥-109 million
  • Legal Alliance¥-4 million
  • HR¥17 million
  • Legal Protect¥-4 million
  • Companywide¥-29 million
New initiatives
  • Plans to release an initiative or service in July 2026 that will become a new customer-acquisition pillar for the Legal Media business
  • Business partnership with AEON Insurance Service Co., Ltd. to expand sales of LegalBase
  • Business partnership with GMO GlobalSign Holdings, Inc. to expand sales of LegalBase
  • Expanding partnerships with major operating companies to expand sales of the new LegalBase service
  • Aiming to make the Legal Protect business profitable by the first half of FY27
  • Changing the names and classification of the reportable segments
Key KPIsA metric the company considers important as a management benchmark.
  • Legal Media year-end listing slots3,138 Framework
  • Cumulative inquiries for Legal Alliance69,775 Engagements
Unit price and quantity metricsThese figures show sales broken down by price and volume.
The materials present the revenue model, including the number of listing slots and price per listing slot, the number of inquiries and price per inquiry, and the number of contracts and average referral fee. Actual unit-price and volume figures for the current period were not disclosed
Segment results
  • Legal Media business
    Revenue¥815 million (YoY -13.8%)
    Operating profit¥340 million (YoY -14.8%)
  • Legal Alliance business
    Revenue¥935 million (YoY +25.1%)
    Operating profit¥155 million (YoY -2.5%)
  • Legal Protect business
    Revenue¥19 million (YoY +5.6%)
    Operating profit¥-34 million
  • HR Business
    Revenue¥119 million (YoY +19.2%)
    Operating profit¥48 million (YoY +56.7%)
  • Corporate and Other
    Operating profit¥-141 million
Medium-term management plan targets
  • Target fiscal yearFiscal year ending October 2027
    Operating profit
    20 approximately ¥ billion
  • Target fiscal yearFiscal year ending October 2030
    Revenue
    ¥200 100 million
    Operating profit
    ¥40 100 million
Market Size / Share
  • Human resources (career changes, placement and staffing)
    ScaleApproximately ¥10.1 trillion
  • Real estate (existing-home distribution)
    ScaleApproximately ¥8 trillion
  • Finance (fundraising and factoring)
    Scale¥5.7–7.5 trillion
  • Investigations (detective and private investigation agencies)
    Scale¥86–120 billion
  • Online troubles
    ScaleApproximately ¥14.0 billion
  • Estate cleanouts
    ScaleApproximately ¥100 billion
  • Osteopathic clinics and judo therapy
    ScaleApproximately ¥500 billion
  • Total economic sphere of customer destinations
    ScaleSeveral tens of trillions of yen
Capital expenditures
¥14 million acquisition of property, plant and equipment, cumulative for the current quarter
Annual Dividend
Annual Dividend
¥65 per share
Interim
¥24 per share
End of period
¥41 per share
Payout ratio
Rate46.9 %
Total payout ratio
98 %
Acquisition of treasury shares
Buyback limit
¥500 million
PeriodThrough June 2026
Policy for acquired sharesThe Company plans to cancel the treasury shares acquired
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending October 2026
Net Sales¥3,561 million (YoY +6.5%)
Operating profit¥651 million (YoY -23.4%)
Ordinary income¥650 million (profit before tax) (YoY -23.3%)
Net income¥429 million (profit attributable to owners of the parent) (YoY -28.9%)
Gross Profit MarginRate 35.8% / Year-on-year change (points) -6.1
Operating profit marginRate 18.2% / Year-on-year change (points) -7.2
Selling, general and administrative expenses¥626 million
Results for the three months of the current quarterRevenue ¥1,888 million (YoY +4.4%) / Operating profit ¥368 million (YoY -17.6%) / Operating profit margin 19.5% (YoY -5.2%) / Quarterly profit attributable to owners of the parent ¥245 million (YoY -26.6%)
Full-year earnings forecastRevenue ¥7,000 million / Operating profit ¥1,500 million / Profit for the period attributable to owners of the parent ¥980 million
Progress against full-year forecastRevenue 50.9% / Operating profit 43.4% / Profit for the period attributable to owners of the parent 43.8%
Self-assessment against the planRevenue is broadly on track against the plan
Segment resultsSegment Legal Media business / Revenue ¥815 million (YoY -13.8%) / Operating profit ¥340 million (YoY -14.8%), Segment Legal Alliance business / Revenue ¥935 million (YoY +25.1%) / Operating profit ¥155 million (YoY -2.5%), Segment Legal Protect business / Revenue ¥19 million (YoY +5.6%) / Operating profit ¥-34 million, Segment HR Business / Revenue ¥119 million (YoY +19.2%) / Operating profit ¥48 million (YoY +56.7%), Segment Corporate and Other / Revenue Not disclosed / Operating profit ¥-141 million
Breakdown of Factors Affecting the ChangeLegal Media standard products ¥50 million, Legal Media high-priced products ¥-109 million, Legal Alliance ¥-4 million, HR ¥17 million, Legal Protect ¥-4 million, Companywide ¥-29 million
Key KPIsIndicator name Legal Media year-end listing slots / Value 3,138 Framework / Year on year against the same period last year Not disclosed, Indicator name Cumulative inquiries for Legal Alliance / Value 69,775 Engagements / Year on year against the same period last year Not disclosed
Unit price and quantity metricsThe materials present the revenue model, including the number of listing slots and price per listing slot, the number of inquiries and price per inquiry, and the number of contracts and average referral fee. Actual unit-price and volume figures for the current period were not disclosed
Medium-term management plan targetsTarget fiscal year Fiscal year ending October 2027 / Operating profit 20 approximately ¥ billion, Target fiscal year Fiscal year ending October 2030 / Revenue ¥200 100 million / Operating profit ¥40 100 million
Annual DividendAnnual Dividend ¥65 per share / Interim ¥24 per share / End of period ¥41 per share
Payout ratioRate 46.9 % / Total payout ratio 98 %
Acquisition of treasury sharesBuyback limit ¥500 million / Period Through June 2026 / Policy for acquired shares The Company plans to cancel the treasury shares acquired
Capital expenditures¥14 million (acquisition of property, plant and equipment, cumulative for the current quarter)
Market Size / ShareMarket Human resources (career changes, placement and staffing) / Scale Approximately ¥10.1 trillion, Market Real estate (existing-home distribution) / Scale Approximately ¥8 trillion, Market Finance (fundraising and factoring) / Scale ¥5.7–7.5 trillion, Market Investigations (detective and private investigation agencies) / Scale ¥86–120 billion, Market Online troubles / Scale Approximately ¥14.0 billion, Market Estate cleanouts / Scale Approximately ¥100 billion, Market Osteopathic clinics and judo therapy / Scale Approximately ¥500 billion, Market Total economic sphere of customer destinations / Scale Several tens of trillions of yen
New initiativesPlans to release an initiative or service in July 2026 that will become a new customer-acquisition pillar for the Legal Media business, Business partnership with AEON Insurance Service Co., Ltd. to expand sales of LegalBase, Business partnership with GMO GlobalSign Holdings, Inc. to expand sales of LegalBase, Expanding partnerships with major operating companies to expand sales of the new LegalBase service, Aiming to make the Legal Protect business profitable by the first half of FY27, Changing the names and classification of the reportable segments
Items this document does not state (7)
Number of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsOrders 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.

Profit declined due to the lower sales mix of certain high-priced products in the Legal Media business, higher advertising expenses, upfront investment in new businesses including LegalBase, and increased personnel and development expenses to strengthen the growth platform. Meanwhile, higher revenue and improvements in standard products, Legal Alliance and the HR business offset some of the impact on revenue and profit.

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.
Second-Quarter Financial Results Presentation for the Fiscal Year Ending October 2026 | ASIRO Inc. (7378) timely disclosure | Komori