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Financial results presentation7383Net Protections Holdings,Inc.Financials (excluding banks)

Earnings Presentation Materials for the Fiscal Year Ending March 2026

For the fiscal year ended March 2026, GMV and profit increased year on year, with operating profit reaching ¥2.84 billion. Operating profit was slightly below the full-year forecast, while profit before tax and profit attributable to owners of the parent exceeded forecasts.

Worth reading
66In 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
35.4
Operating profit year-on-year (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFiscal year ending March 2026, full year9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥25,214 million+9.5%
Operating profit¥2,848 million+35.4%
Ordinary income¥2,853 million+33.4%
Net income¥1,732 million+28.3%
Selling, general and administrative expenses¥9,713 million
Results for the three months of the current quarter
GMV
¥193,557 million+18.3%
Operating revenue
¥6,254 million+8.7%
Gross profit
¥2,891 million+9.4%
Operating profit (loss)
¥315 million-3.9%
Full-year earnings forecast
GMV
¥890,000 million
Operating revenue
¥27,800 million
Gross profit
¥13,600 million
Selling, General and Administrative Expenses
¥10,600 million
Operating profit
¥3,600 million
Income before taxes
¥3,450 million
Profit for the period attributable to owners of the parent
¥2,190 million
Earnings per share
¥22.01
EBITDA
¥5,600 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。
GMV100.2%
Operating revenue99.3%
Gross profit100.3%
Selling, General and Administrative Expenses100.4%
Operating profit98.2%
Income before taxes104.2%
Profit attributable to owners of the parent108.3%
Earnings per share108.3%
EBITDA98.7%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Operating profit was below the full-year forecast, while profit before tax and profit attributable to owners of the parent exceeded the forecast
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Change in GMV+¥0.02 billion
  • Change in operating revenue margin-¥0.23 billion
  • Change in cost of sales ratio+¥0.22 billion
  • Change in SG&A and other operating expenses-¥0.06 billion
  • Additional marketing expenses¥0.06 billion (versus plan)
New initiatives
  • Strengthen partnerships with payment service providers (PSPs) and shopping cart systems
  • Expand atone into non-merchandise sectors
  • Improve the UX of atone Plus and launch 12-installment payments
  • Use external sales resources and agents for NP B2B deferred payment
  • Revamp the acquisition process for small and midsize merchants
Key KPIsA metric the company considers important as a management benchmark.
  • GMV¥764,384 million
    Year on year against the same period last year+19.1%
  • NP Postpay and Other GMV¥358,425 million
    Year on year against the same period last year+1.3%
  • atone GMV¥62,090 million
    Year on year against the same period last year+55.4%
  • NP Postpay for Business GMV¥343,868 million
    Year on year against the same period last year+38.5%
  • NP Postpay credit approval rate95 %
  • Proprietary transaction data6.5 100 million transactions
  • B2C delinquency rate0.32 %
  • B2B delinquency rate0.59 %
  • atone membership850 10,000 people
  • Number of stores where atone is accepted130 10,000 stores
  • Monthly page views on atone shops1,300 10,000 page views
  • Monthly unique users of atone shops50 10,000 people
  • Number of AFTEE members190 10,000 people
Segment results
  • B2C NP後払い and other services
    GMV¥358,425 million (YoY +1.3%)
    Operating revenue¥16,496 million (YoY -0.5%)
    Gross profit¥7,956 million (YoY +4.4%)
  • B2C atone
    GMV¥62,090 million (YoY +55.4%)
    Operating revenue¥2,977 million (YoY +59.7%)
    Gross profit¥878 million (YoY +81.0%)
  • B2B NP deferred payment
    GMV¥343,868 million (YoY +38.5%)
    Operating revenue¥5,740 million (YoY +25.0%)
    Gross profit¥3,149 million (YoY +32.7%)
Medium-term management plan targets
Target fiscal yearFiscal year ending March 2029
GMV
¥1,400,000 million
Operating profit
¥6,000 million
Medium- to Long-Term Targets
GMV
¥2,000,000 million
Operating profit
¥10,000 million
Market Size / Share
  • B2C e-commerce merchandise¥15.2 trillion
  • B2C non-merchandise e-commerce¥10.8 trillion
  • B2C brick-and-mortar retail¥302 trillion
  • B2C in-person services¥18.6 trillion
  • B2C overseas¥8.2 trillion
  • B2B¥226 trillion
Number of stores and locations
Number of locations5
Number of employees
Number of Employees336 people
Record date31 March 2026
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFiscal year ending March 2026, full year
Net Sales¥25,214 million (YoY +9.5%)
Operating profit¥2,848 million (YoY +35.4%)
Ordinary income¥2,853 million (YoY +33.4%)
Net income¥1,732 million (YoY +28.3%)
Selling, general and administrative expenses¥9,713 million
Results for the three months of the current quarterGMV ¥193,557 million (YoY +18.3%) / Operating revenue ¥6,254 million (YoY +8.7%) / Gross profit ¥2,891 million (YoY +9.4%) / Operating profit (loss) ¥315 million (YoY -3.9%)
Full-year earnings forecastGMV ¥890,000 million / Operating revenue ¥27,800 million / Gross profit ¥13,600 million / Selling, General and Administrative Expenses ¥10,600 million / Operating profit ¥3,600 million / Income before taxes ¥3,450 million / Profit for the period attributable to owners of the parent ¥2,190 million / Earnings per share ¥22.01 / EBITDA ¥5,600 million
Progress against full-year forecastGMV 100.2% / Operating revenue 99.3% / Gross profit 100.3% / Selling, General and Administrative Expenses 100.4% / Operating profit 98.2% / Income before taxes 104.2% / Profit attributable to owners of the parent 108.3% / Earnings per share 108.3% / EBITDA 98.7%
Self-assessment against the planOperating profit was below the full-year forecast, while profit before tax and profit attributable to owners of the parent exceeded the forecast
Segment resultsSegment B2C NP後払い and other services / GMV ¥358,425 million (YoY +1.3%) / Operating revenue ¥16,496 million (YoY -0.5%) / Gross profit ¥7,956 million (YoY +4.4%), Segment B2C atone / GMV ¥62,090 million (YoY +55.4%) / Operating revenue ¥2,977 million (YoY +59.7%) / Gross profit ¥878 million (YoY +81.0%), Segment B2B NP deferred payment / GMV ¥343,868 million (YoY +38.5%) / Operating revenue ¥5,740 million (YoY +25.0%) / Gross profit ¥3,149 million (YoY +32.7%)
Breakdown of Factors Affecting the ChangeFactors Change in GMV / Amount +¥0.02 billion, Factors Change in operating revenue margin / Amount -¥0.23 billion, Factors Change in cost of sales ratio / Amount +¥0.22 billion, Factors Change in SG&A and other operating expenses / Amount -¥0.06 billion, Factors Additional marketing expenses / Amount ¥0.06 billion (versus plan)
Key KPIsIndicator name GMV / Value ¥764,384 million / Year on year against the same period last year +19.1%, Indicator name NP Postpay and Other GMV / Value ¥358,425 million / Year on year against the same period last year +1.3%, Indicator name atone GMV / Value ¥62,090 million / Year on year against the same period last year +55.4%, Indicator name NP Postpay for Business GMV / Value ¥343,868 million / Year on year against the same period last year +38.5%, Indicator name NP Postpay credit approval rate / Value 95 % / Year on year against the same period last year Not disclosed, Indicator name Proprietary transaction data / Value 6.5 100 million transactions / Year on year against the same period last year Not disclosed, Indicator name B2C delinquency rate / Value 0.32 % / Year on year against the same period last year Not disclosed, Indicator name B2B delinquency rate / Value 0.59 % / Year on year against the same period last year Not disclosed, Indicator name atone membership / Value 850 10,000 people / Year on year against the same period last year Not disclosed, Indicator name Number of stores where atone is accepted / Value 130 10,000 stores / Year on year against the same period last year Not disclosed, Indicator name Monthly page views on atone shops / Value 1,300 10,000 page views / Year on year against the same period last year Not disclosed, Indicator name Monthly unique users of atone shops / Value 50 10,000 people / Year on year against the same period last year Not disclosed, Indicator name Number of AFTEE members / Value 190 10,000 people / Year on year against the same period last year Not disclosed
Number of stores and locationsNumber of locations 5 / Number of store openings and closures during the period Not disclosed
Number of employeesNumber of Employees 336 people / Record date 31 March 2026 / Changes during the period and hiring plan Not disclosed
Medium-term management plan targetsTarget fiscal year Fiscal year ending March 2029 / GMV ¥1,400,000 million / Operating profit ¥6,000 million / Medium- to Long-Term Targets GMV ¥2,000,000 million / Operating profit ¥10,000 million
Market Size / ShareMarket B2C e-commerce merchandise / Market Size ¥15.2 trillion, Market B2C non-merchandise e-commerce / Market Size ¥10.8 trillion, Market B2C brick-and-mortar retail / Market Size ¥302 trillion, Market B2C in-person services / Market Size ¥18.6 trillion, Market B2C overseas / Market Size ¥8.2 trillion, Market B2B / Market Size ¥226 trillion
New initiativesStrengthen partnerships with payment service providers (PSPs) and shopping cart systems, Expand atone into non-merchandise sectors, Improve the UX of atone Plus and launch 12-installment payments, Use external sales resources and agents for NP B2B deferred payment, Revamp the acquisition process for small and midsize merchants
Items this document does not state (12)
Gross Profit MarginOperating profit marginUnit price and quantity metricsAssumptions 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.

GMV growth in atone and NP B2B deferred payment, increased transactions from existing merchants, contributions from large new merchants, and an improved collection rate contributed to higher profit. The shortfall in operating profit against the forecast was attributed to a lower operating revenue margin for NP Postpay, changes in the service mix, and additional marketing expenses.

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Earnings Presentation Materials for the Fiscal Year Ending March 2026 | Net Protections Holdings,Inc. (7383) timely disclosure | Komori