Worth reading
88Important
Scored from 4 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
5.2
Revenue year-on-year change (%)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary Materials to the Earnings ReportFY2027/3 interim period10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥84,412 million+5.2%
Operating profit¥10,568 million+25.4%
Ordinary income¥10,936 million+27.1%
Net income¥6,844 million+11.9%
Operating profit margin12.5 %
Selling, general and administrative expenses¥19,260 million
Results for the three months of the current quarter
Net SalesSecond quarter of the fiscal year ending March 2027, standalone ¥40,534 million
Operating profitSecond quarter of the fiscal year ending March 2027, standalone ¥5,339 million
Full-year earnings forecast
Net Sales
¥169,000 million
Operating profit
¥19,300 million
Ordinary income
¥19,700 million
Net income
¥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 Sales49.5%
Operating profit54.8%
Net income54.3%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress exceeding the interim-period earnings forecastBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
- Commercial karaoke business: product sales gross profit -¥800 million, recurring revenue gross profit +¥1,100 million
- Karaoke and food-service locations business: same-store sales +¥900 million, new openings and other factors +¥900 million, locations acquired through M&A +¥500 million
- Music software business: +¥100 million
- Parking business: +¥900 million
- Other revenue: +¥100 million
Operating profit
- Commercial karaoke business: product sales gross profit -¥400 million, recurring revenue gross profit +¥1,200 million, lower SG&A expenses +¥400 million
- Karaoke and food-service locations business: higher sales +¥2,400 million, higher cost of sales -¥1,800 million, higher SG&A expenses -¥200 million
- Other businesses: parking gross profit +¥500 million, other gross profit +¥200 million, higher SG&A expenses -¥200 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Decline following the pull-forward demand ahead of the DAM price revisions, same-store sales year on year (karaoke locations +2%, food-service locations +3%), 223,000 operating DAM units, 123,000 equipment lease contracts, 4,800 parking facilities, 55,000 parking spacesNew initiatives
- Price revisions for major DAM products
- Promotion of new features and content for LIVE DAM WAO!
- Joint research with universities and other institutions
- Proof-of-concept testing at Toyota Woven City
- Opening a food-service location at a facility directly connected to Tokyo Station
- Development of new parking facilities, including through M&A
- Consolidation of headquarters from 3 locations into 1 location
Key KPIsA metric the company considers important as a management benchmark.
- Operating DAM units22.2 10,000 units+0.2%
- Equipment rental contracts12.2 10,000 units+4.1%
- Elder-focused DAM installations2.9 10,000 units+2.4%
- Number of parking facilities4,600 Facility+9.3%
- Number of parking spaces53,000 parking spaces+9.7%
Segment results
Business karaoke business
Net Sales
¥33,953 million+0.9%
Operating profit
¥7,457 million+19.6%
Karaoke and food-service businesses
Net Sales
¥36,149 million+7.4%
Operating profit
¥2,826 million+16.2%
Music software business
Net Sales
¥2,808 million+6.8%
Operating profit
¥192 million+74.7%
Other Businesses
Net Sales
¥11,501 million+11.2%
Operating profit
¥1,844 million+28.4%
Medium-term management plan targets
Operating profit margin12.0% or more
Target fiscal yearMedium- to Long-Term Outlook
Financial targets
ROE
Target12.0% or more
Actual results for the fiscal year ending March 202613.2%
Forecast for the fiscal year ending March 20279.9%
Number of stores and locations
Karaoke locations
End of period520 Store
Store openings4 Store
Store closures5 Store
Food service outlets
End of period172 Store
Store openings10 Store
Store closures5 Store
Parking systems
End of period4,600 Facility
Gross profit
¥29,829 million+7.7%
| Item | Details |
|---|---|
| Document type | Supplementary Materials to the Earnings Report |
| Fiscal Period Covered | FY2027/3 interim period |
| Net Sales | ¥84,412 million (YoY +5.2%) |
| Operating profit | ¥10,568 million (YoY +25.4%) |
| Ordinary income | ¥10,936 million (YoY +27.1%) |
| Net income | ¥6,844 million (YoY +11.9%) |
| Gross profit | ¥29,829 million (YoY +7.7%) |
| Operating profit margin | 12.5 % |
| Selling, general and administrative expenses | ¥19,260 million |
| Results for the three months of the current quarter | Net Sales Second quarter of the fiscal year ending March 2027, standalone ¥40,534 million / Operating profit Second quarter of the fiscal year ending March 2027, standalone ¥5,339 million |
| Full-year earnings forecast | Net Sales ¥169,000 million / Operating profit ¥19,300 million / Ordinary income ¥19,700 million / Net income ¥12,600 million |
| Progress against full-year forecast | Net Sales 49.5% / Operating profit 54.8% / Net income 54.3% |
| Self-assessment against the plan | Progress exceeding the interim-period earnings forecast |
| Segment results | Business karaoke business Net Sales ¥33,953 million (YoY +0.9%) / Operating profit ¥7,457 million (YoY +19.6%) / Karaoke and food-service businesses Net Sales ¥36,149 million (YoY +7.4%) / Operating profit ¥2,826 million (YoY +16.2%) / Music software business Net Sales ¥2,808 million (YoY +6.8%) / Operating profit ¥192 million (YoY +74.7%) / Other Businesses Net Sales ¥11,501 million (YoY +11.2%) / Operating profit ¥1,844 million (YoY +28.4%) |
| Breakdown of Factors Affecting the Change | Net Sales Commercial karaoke business: product sales gross profit -¥800 million, recurring revenue gross profit +¥1,100 million, Karaoke and food-service locations business: same-store sales +¥900 million, new openings and other factors +¥900 million, locations acquired through M&A +¥500 million, Music software business: +¥100 million, Parking business: +¥900 million, Other revenue: +¥100 million / Operating profit Commercial karaoke business: product sales gross profit -¥400 million, recurring revenue gross profit +¥1,200 million, lower SG&A expenses +¥400 million, Karaoke and food-service locations business: higher sales +¥2,400 million, higher cost of sales -¥1,800 million, higher SG&A expenses -¥200 million, Other businesses: parking gross profit +¥500 million, other gross profit +¥200 million, higher SG&A expenses -¥200 million |
| Key KPIs | 22.2 10,000 units (YoY +0.2%), 12.2 10,000 units (YoY +4.1%), 2.9 10,000 units (YoY +2.4%), 4,600 Facility (YoY +9.3%), 53,000 parking spaces (YoY +9.7%) |
| Number of stores and locations | Karaoke locations End of period 520 Store / Store openings 4 Store / Store closures 5 Store / Food service outlets End of period 172 Store / Store openings 10 Store / Store closures 5 Store / Parking systems End of period 4,600 Facility |
| Assumptions Underlying the Business Outlook | Decline following the pull-forward demand ahead of the DAM price revisions, same-store sales year on year (karaoke locations +2%, food-service locations +3%), 223,000 operating DAM units, 123,000 equipment lease contracts, 4,800 parking facilities, 55,000 parking spaces |
| Medium-term management plan targets | Operating profit margin 12.0% or more / Target fiscal year Medium- to Long-Term Outlook |
| 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 9.9% |
| New initiatives | Price revisions for major DAM products, Promotion of new features and content for LIVE DAM WAO!, Joint research with universities and other institutions, Proof-of-concept testing at Toyota Woven City, Opening a food-service location at a facility directly connected to Tokyo Station, Development of new parking facilities, including through M&A, Consolidation of headquarters from 3 locations into 1 location |
Items this document does not state (11)
Gross Profit MarginUnit price and quantity metricsNumber of employeesRisk amount incorporated into the outlookAnnual 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.Strong performance in the core businesses, higher same-store sales at karaoke and food-service locations, an increase in parking facilities, and increases in the number of operating DAM units and equipment lease contracts contributed to the results. However, the full-year forecast was left unchanged because a decline is expected following the pull-forward demand ahead of the DAM price revisions in the first half.
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.