Worth reading
72In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
565
Year-on-year change in operating profit (¥ million)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter of the fiscal year ending March 202711 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales7,819 Millions of yen+43.9%
Gross Profit Margin20.5 %
Operating profit margin-2.6 %
Selling, general and administrative expensesAmount not stated
Results for the three months of the current quarterHousing-equipment DX business: second-quarter net sales of ¥3,547 million and quarterly operating income of ¥285 million. Solutions business: second-quarter net sales of ¥527 million and operating income of ¥16 million.
Full-year earnings forecast
Net Sales
15,800 Millions of yen
Operating profit
600 Millions of yen
Ordinary income
600 Millions of yen
Net income for the current fiscal year
340 Millions of yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in revenue2,387 Millions of yen
- Increase in operating profit565 Millions of yen
- Increase in ordinary profit556 Millions of yen
- Increase in net income334 Millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Revenue mix by first and second halfApproximately 45:55
Second halfInvest in branding advertising expenses
New initiatives
- Transition to a holding company structure and change of corporate nameDetailsThe company changed its trade name to Reform Technology,Inc. on 1 October 2026 and established 株式会社交換できるくん as a wholly owned subsidiary.
- Emergency assistance serviceDetails¥1,280 per month, including tax, with coverage for smartphone and other repair costs. Sales begin on 13 November 2026.
Key KPIsA metric the company considers important as a management benchmark.
- Number of B2C projects completed17,678 projectsYear on year against the same period last year12.2% increase
- BtoB completed projects10,832 projectsYear on year against the same period last yearUp 26.9%
- 施工事例 on the 交換できるくん website29,000 over downloads
- User reviews42,000 over downloads
- Annual page views35,000,000 PV or more
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Number of B2C projects completed17,678 projectsYear on year against the same period last year12.2% increase
- Average revenue per B2C project163,557 Yen
- Number of B2B projects completed10,832 projectsYear on year against the same period last yearUp 26.9%
- Average selling price per B2B project
Segment results
- Housing Equipment DX business
- Solutions Business
Medium-term management plan targets
Fiscal year ending March 2026
Net Sales
Actual results12,600 Millions of yen
Plan12,200 Millions of yen
Operating profit
Actual results176 Millions of yen
Plan200 Millions of yen
Fiscal year ending March 2028
Operating profit
1,000 Millions of yen
Financial targets
Equity ratio
Actual results39.1 %
Market Size / Share
- Residential Renovation Market¥7.3 trillion
- Housing equipment market¥2.8 trillion
- B2C e-commerce market (2025)¥27.5 trillion
- Sales performance of Takara Standard products in the Hokkaido areaNo. 1 for 19 consecutive years
Orders received and order backlog
Order status is presented as the month-by-month year-on-year change. Total order value and order backlog: not disclosedNumber of employees
Number of Employees369 on a consolidated basis; 11 regular employees (as of 1 October 2026)
Changes and hiring plans during the periodRecruit as appropriate in line with revenue growth
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | 7,819 Millions of yen (YoY +43.9%) |
| Gross Profit Margin | 20.5 % |
| Operating profit margin | -2.6 % |
| Selling, general and administrative expenses | 非開示 |
| Results for the three months of the current quarter | Housing-equipment DX business: second-quarter net sales of ¥3,547 million and quarterly operating income of ¥285 million. Solutions business: second-quarter net sales of ¥527 million and operating income of ¥16 million. |
| Full-year earnings forecast | Net Sales 15,800 Millions of yen / Operating profit 600 Millions of yen / Ordinary income 600 Millions of yen / Net income for the current fiscal year 340 Millions of yen |
| Segment results | Segment Housing Equipment DX business / Net Sales Not disclosed / Gross profit Not disclosed / Operating profit Not disclosed, Segment Solutions Business / Net Sales Not disclosed / Gross profit Not disclosed / Operating profit Not disclosed |
| Breakdown of Factors Affecting the Change | Factors Increase in revenue / Amount 2,387 Millions of yen, Factors Increase in operating profit / Amount 565 Millions of yen, Factors Increase in ordinary profit / Amount 556 Millions of yen, Factors Increase in net income / Amount 334 Millions of yen |
| Key KPIs | Indicator name Number of B2C projects completed / Value 17,678 projects / Year on year against the same period last year 12.2% increase, Indicator name BtoB completed projects / Value 10,832 projects / Year on year against the same period last year Up 26.9%, Indicator name 施工事例 on the 交換できるくん website / Value 29,000 over downloads / Year on year against the same period last year Not disclosed, Indicator name User reviews / Value 42,000 over downloads / Year on year against the same period last year Not disclosed, Indicator name Annual page views / Value 35,000,000 PV or more / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Indicator name Number of B2C projects completed / Value 17,678 projects / Year on year against the same period last year 12.2% increase, Indicator name Average revenue per B2C project / Value 163,557 Yen / Year on year against the same period last year Not disclosed, Indicator name Number of B2B projects completed / Value 10,832 projects / Year on year against the same period last year Up 26.9%, Indicator name Average selling price per B2B project / Value Not disclosed / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees 369 on a consolidated basis; 11 regular employees (as of 1 October 2026) / Changes and hiring plans during the period Recruit as appropriate in line with revenue growth |
| Assumptions Underlying the Business Outlook | Revenue mix by first and second half Approximately 45:55 / Second half Invest in branding advertising expenses |
| Medium-term management plan targets | Fiscal year ending March 2026 Net Sales Actual results 12,600 Millions of yen / Plan 12,200 Millions of yen / Operating profit Actual results 176 Millions of yen / Plan 200 Millions of yen / Fiscal year ending March 2028 Net Sales Not disclosed / Operating profit 1,000 Millions of yen |
| Financial targets | Equity ratio Actual results 39.1 % |
| Orders received and order backlog | Order status is presented as the month-by-month year-on-year change. Total order value and order backlog: not disclosed |
| Market Size / Share | Residential Renovation Market ¥7.3 trillion, Housing equipment market ¥2.8 trillion, B2C e-commerce market (2025) ¥27.5 trillion, No. 1 for 19 consecutive years |
| New initiatives | Measures Transition to a holding company structure and change of corporate name / Details The company changed its trade name to Reform Technology,Inc. on 1 October 2026 and established 株式会社交換できるくん as a wholly owned subsidiary., Measures Emergency assistance service / Details ¥1,280 per month, including tax, with coverage for smartphone and other repair costs. Sales begin on 13 November 2026. |
Items this document does not state (12)
Operating profitOrdinary incomeNet incomeProgress against full-year forecastSelf-assessment against the planNumber of stores and locationsRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresKey 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 company cited growth in sales at group companies, centered on the 交換できるくん business, strong orders, the incorporation of キッチンワークス' results, the absence of branding advertising expenses such as television commercials, and the ability to generate customer inquiries without relying on advertising.
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.