Worth reading
85Important
Scored from 4 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
4.3
% (upward revision rate for the full-year operating profit forecast)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFirst quarter of the fiscal year ending March 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥41,157 million+1.5%
Operating profit¥4,991 million+17.6%
Ordinary income¥5,129 million+12.2%
Net income¥3,137 million-10.9%
Selling, general and administrative expenses¥9,759 million
Results for the three months of the current quarterNet sales: ¥41,157 million; gross profit: ¥14,750 million; SG&A expenses: ¥9,759 million; operating profit: ¥4,991 million; ordinary profit: ¥5,129 million; net income attributable to owners of the parent: ¥3,137 million
Full-year earnings forecast
Net Sales
¥169,000 million
Operating profit
¥19,300 million
Ordinary income
¥19,700 million
Profit attributable to owners of the parent
¥12,600 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。
Net Salesnot disclosed (progress against the revised forecast)
Operating profitnot disclosed (progress against the revised forecast)
Ordinary incomenot disclosed (progress against the revised forecast)
Profit attributable to owners of the parentnot disclosed (progress against the revised forecast)
Based on the initial forecast
Net Sales24.4%
Gross profit25.4%
Selling, general and administrative expenses24.6%
Operating profit27.0%
Ordinary income27.1%
Profit attributable to owners of the parent25.7%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Net sales and profit are both progressing slightly ahead of expectationsBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Business karaoke business-13
Karaoke and food-service businesses11
Music software business1
Other Businesses6
Operating profit
Business karaoke business4
Karaoke and food-service businesses0
Music software business0
Other Businesses2
Corporate Expenses0
New initiatives
- New LIVE DAM WAO! content, “Oshi Camera Live”
- Collaboration projects with artists, anime and games
- Expand sales of FREE DAM LIFE, a karaoke machine dedicated to the senior market
- Development of new parking facilities, including through M&A
Key KPIsA metric the company considers important as a management benchmark.
- Operating DAM units22.3 10,000 unitsYear on year against the same period last year+0.4%
- Equipment rental contracts12.2 10,000 unitsYear on year against the same period last year+4.8%
- Elder-focused DAM installations3 10,000 unitsYear on year against the same period last year+2.6%
- Same-store sales at karaoke outlets99 %
- Same-store sales at food-service outlets102 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
The materials state that recurring revenue increased due to growth in both the number of contracts and the average unit priceFinancial targets
The equity ratio is stated to have increased by 0.9 percentage points from the end of the previous fiscal year, while the target value is not disclosedNumber of stores and locations
Karaoke locations
End of period521
Store Openings3
Store closures3
Food service outlets
End of period171
Store Openings6
Store closures2
Parking
Number of facilities4,500
Number of parking spaces52,000
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥41,157 million (YoY +1.5%) |
| Operating profit | ¥4,991 million (YoY +17.6%) |
| Ordinary income | ¥5,129 million (YoY +12.2%) |
| Net income | ¥3,137 million (YoY -10.9%) |
| Selling, general and administrative expenses | ¥9,759 million |
| Results for the three months of the current quarter | Net sales: ¥41,157 million; gross profit: ¥14,750 million; SG&A expenses: ¥9,759 million; operating profit: ¥4,991 million; ordinary profit: ¥5,129 million; net income attributable to owners of the parent: ¥3,137 million |
| Full-year earnings forecast | Net Sales ¥169,000 million / Operating profit ¥19,300 million / Ordinary income ¥19,700 million / Profit attributable to owners of the parent ¥12,600 million |
| Progress against full-year forecast | Net Sales not disclosed (progress against the revised forecast) / Operating profit not disclosed (progress against the revised forecast) / Ordinary income not disclosed (progress against the revised forecast) / Profit attributable to owners of the parent not disclosed (progress against the revised forecast) / Based on the initial forecast Net Sales 24.4% / Gross profit 25.4% / Selling, general and administrative expenses 24.6% / Operating profit 27.0% / Ordinary income 27.1% / Profit attributable to owners of the parent 25.7% |
| Self-assessment against the plan | Net sales and profit are both progressing slightly ahead of expectations |
| Breakdown of Factors Affecting the Change | Net Sales Business karaoke business -13 / Karaoke and food-service businesses 11 / Music software business 1 / Other Businesses 6 / Operating profit Business karaoke business 4 / Karaoke and food-service businesses 0 / Music software business 0 / Other Businesses 2 / Corporate Expenses 0 |
| Key KPIs | Indicator name Operating DAM units / Value 22.3 10,000 units / Year on year against the same period last year +0.4%, Indicator name Equipment rental contracts / Value 12.2 10,000 units / Year on year against the same period last year +4.8%, Indicator name Elder-focused DAM installations / Value 3 10,000 units / Year on year against the same period last year +2.6%, Indicator name Same-store sales at karaoke outlets / Value 99 % / Year on year against the same period last year Not disclosed, Indicator name Same-store sales at food-service outlets / Value 102 % / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | The materials state that recurring revenue increased due to growth in both the number of contracts and the average unit price |
| Number of stores and locations | Karaoke locations End of period 521 / Store Openings 3 / Store closures 3 / Food service outlets End of period 171 / Store Openings 6 / Store closures 2 / Parking Number of facilities 4,500 / Number of parking spaces 52,000 |
| Financial targets | The equity ratio is stated to have increased by 0.9 percentage points from the end of the previous fiscal year, while the target value is not disclosed |
| New initiatives | New LIVE DAM WAO! content, “Oshi Camera Live”, Collaboration projects with artists, anime and games, Expand sales of FREE DAM LIFE, a karaoke machine dedicated to the senior market, Development of new parking facilities, including through M&A |
Items this document does not state (14)
Gross Profit MarginOperating profit marginSegment resultsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital 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 revisions reflect first-quarter results that were slightly above expectations. Operating profit benefited from higher gross profit from recurring revenue and lower SG&A expenses in the business karaoke business, and from higher sales in the karaoke and food-service businesses, while personnel expenses, food costs and store-opening expenses increased. Net income declined because the gain on the sale of property, plant and equipment recorded in the previous year did not recur.
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.