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Presentation materials for financial resultsFiscal year ending March 202614 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥162,950 million+6.5%
Operating profit¥17,917 million-0.2%
Ordinary income¥18,265 million-0.7%
Net income¥15,889 million-12.6%
Operating profit margin11 %
Selling, general and administrative expenses¥38,261 million
Results for the three months of the current quarterThe graph showing quarterly revenue trends presents standalone revenue for each quarter of the fiscal year ended March 2026
Full-year earnings forecast
Fiscal year ending March 2027
Net Sales
¥168,700 million
Operating profit
¥18,500 million
Ordinary income
¥18,900 million
Profit attributable to owners of the parent
¥12,200 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Results were broadly in line with the forecasts for revenue and each profit measureBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Revenue: increased product sales from the new product, +¥1.5 billion; higher recurring revenue, +¥1.4 billion; higher same-store sales, +¥1.9 billion; and higher revenue from the parking business, +¥2.2 billion
- Operating profit: higher gross profit from increased revenue, +¥1.3 billion; higher selling, general and administrative expenses, -¥1.1 billion; higher personnel expenses, -¥1.4 billion; higher depreciation, -¥0.8 billion; higher food costs, -¥0.7 billion; and higher other costs, -¥0.8 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Same-store sales versus the previous year: forecast for the fiscal year ending March 2027 of +1% for karaoke venues and 0% for food-service venues. The plan calls for 225,000 operating DAM units, 123,000 equipment rental contracts, 4,900 parking facilities and 55,000 parking spacesNew initiatives
- Shift to a sales policy focused on revenue per DAM unit
- Expand sales of FREE DAM LIFE, a karaoke machine dedicated to the senior market
- Open venues in prime locations and develop new brands
- Develop new parking facilities, including through M&A
- Participation as an inventor in Toyota Woven City and a demonstration project for selection-free karaoke
- Consolidate head-office functions and implement health management and training initiatives
Key KPIsA metric the company considers important as a management benchmark.
- Operating DAM units22.2 10,000 unitsYear on year against the same period last year+0.5%
- Equipment rental contracts11.9 10,000 unitsYear on year against the same period last year+4.7%
- Number of parking facilities4,400 FacilityYear on year against the same period last year+500.0%
- Number of parking spaces51,000 parking spacesYear on year against the same period last year+7,000.0%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
The materials present the number of operating DAM units and equipment rental contracts. An increase in revenue per DAM unit is cited as a revenue driver for the fiscal year ending March 2027Segment results
Operating margins by segment for the fiscal year ended March 2026 are presented: business-use karaoke, 18.3%; karaoke and food-service venues, 9.3%; music software, 2.6%; and other, 13.3%. Actual revenue and operating profit by segment were not disclosedMedium-term management plan targets
Long-term ROE target of 12.0% or higher. Forecast ROE for the fiscal year ending March 2027 is 9.7%.Financial targets
ROE
Target12.0% or more
Actual results for the fiscal year ending March 202613.2%
Forecast for the fiscal year ending March 20279.7%
Market Size / Share
Specific figures for market size and market share were not disclosedNumber of stores and locations
Karaoke locations
End of period521 Location
Store Openings10 Location
Store closures8 Location
Food service outlets
End of period167 Location
Store Openings20 Location
Store closures12 Location
Parking
End of period4,400 Facility
Annual Dividend
Annual dividend per share
Fiscal year ending March 202667
Forecast for the fiscal year ending March 202768
Payout ratio
50 %
NotesReference levels
Acquisition of treasury shares
The company plans to conduct share buybacks as appropriate. The specific repurchase limit, number of shares and period were not disclosed| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | ¥162,950 million (YoY +6.5%) |
| Operating profit | ¥17,917 million (YoY -0.2%) |
| Ordinary income | ¥18,265 million (YoY -0.7%) |
| Net income | ¥15,889 million (YoY -12.6%) |
| Operating profit margin | 11 % |
| Selling, general and administrative expenses | ¥38,261 million |
| Results for the three months of the current quarter | The graph showing quarterly revenue trends presents standalone revenue for each quarter of the fiscal year ended March 2026 |
| Full-year earnings forecast | Fiscal year ending March 2027 Net Sales ¥168,700 million / Operating profit ¥18,500 million / Ordinary income ¥18,900 million / Profit attributable to owners of the parent ¥12,200 million |
| Self-assessment against the plan | Results were broadly in line with the forecasts for revenue and each profit measure |
| Segment results | Operating margins by segment for the fiscal year ended March 2026 are presented: business-use karaoke, 18.3%; karaoke and food-service venues, 9.3%; music software, 2.6%; and other, 13.3%. Actual revenue and operating profit by segment were not disclosed |
| Breakdown of Factors Affecting the Change | Revenue: increased product sales from the new product, +¥1.5 billion; higher recurring revenue, +¥1.4 billion; higher same-store sales, +¥1.9 billion; and higher revenue from the parking business, +¥2.2 billion, Operating profit: higher gross profit from increased revenue, +¥1.3 billion; higher selling, general and administrative expenses, -¥1.1 billion; higher personnel expenses, -¥1.4 billion; higher depreciation, -¥0.8 billion; higher food costs, -¥0.7 billion; and higher other costs, -¥0.8 billion |
| Key KPIs | Indicator name Operating DAM units / Value 22.2 10,000 units / Year on year against the same period last year 0.5 10,000 units, Indicator name Equipment rental contracts / Value 11.9 10,000 units / Year on year against the same period last year 4.7 10,000 units, Indicator name Number of parking facilities / Value 4,400 Facility / Year on year against the same period last year 500 Facility, Indicator name Number of parking spaces / Value 51,000 parking spaces / Year on year against the same period last year 7,000 parking spaces |
| Unit price and quantity metrics | The materials present the number of operating DAM units and equipment rental contracts. An increase in revenue per DAM unit is cited as a revenue driver for the fiscal year ending March 2027 |
| Number of stores and locations | Karaoke locations End of period 521 Location / Store Openings 10 Location / Store closures 8 Location / Food service outlets End of period 167 Location / Store Openings 20 Location / Store closures 12 Location / Parking End of period 4,400 Facility |
| Assumptions Underlying the Business Outlook | Same-store sales versus the previous year: forecast for the fiscal year ending March 2027 of +1% for karaoke venues and 0% for food-service venues. The plan calls for 225,000 operating DAM units, 123,000 equipment rental contracts, 4,900 parking facilities and 55,000 parking spaces |
| Medium-term management plan targets | Long-term ROE target of 12.0% or higher. Forecast ROE for the fiscal year ending March 2027 is 9.7%. |
| Financial targets | ROE Target 12.0% or more / Actual results for the fiscal year ending March 2026 13.2% / Forecast for the fiscal year ending March 2027 9.7% |
| Annual Dividend | Annual dividend per share Fiscal year ending March 2026 67 / Forecast for the fiscal year ending March 2027 68 |
| Payout ratio | 50 % |
| Acquisition of treasury shares | The company plans to conduct share buybacks as appropriate. The specific repurchase limit, number of shares and period were not disclosed |
| Market Size / Share | Specific figures for market size and market share were not disclosed |
| New initiatives | Shift to a sales policy focused on revenue per DAM unit, Expand sales of FREE DAM LIFE, a karaoke machine dedicated to the senior market, Open venues in prime locations and develop new brands, Develop new parking facilities, including through M&A, Participation as an inventor in Toyota Woven City and a demonstration project for selection-free karaoke, Consolidate head-office functions and implement health management and training initiatives |
Items this document does not state (7)
Gross Profit MarginProgress against full-year forecastNumber of employeesRisk amount incorporated into the outlookCapital 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 factors driving higher revenue included increased sales of the new LIVE DAM WAO! product, growth in equipment rental contracts and the number of operating DAM units, higher same-store sales at karaoke and food-service venues, and increased revenue from the parking business. Operating profit was weighed down by higher promotional expenses related to the new product, personnel expenses, depreciation, food costs and other costs. The decline in net income was attributed to the reversal of the increase in deferred tax assets and corporate tax adjustments recorded in the previous fiscal year.
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