Worth reading
78Important
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-1900
¥ millionWording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ended December 202511 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥27,200 million+1.0%
Operating profit¥4,315 million-43.4%
Net income¥2,814 million-46.3%
Results for the three months of the current quarterFY25 1Qとして、売上収益27,200百万円、事業EBITDA6,656百万円、営業利益4,315百万円、当期利益2,814百万円を記載
Full-year earnings forecast
Revenue
¥110,700 million
Business EBITDA
¥22,500 million
Operating profit
¥16,000 million
Profit for the period
¥10,700 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
事業は計画どおりに進展Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Revenue
Foreign Exchange Effects+¥400 million
Teibow+¥100 million
AlphaTheta△17億円
JLab+¥1.5 billion
Operating profit
Foreign Exchange Effects±¥0 billion
Teibow-¥0.0 billion
AlphaTheta-¥1.2 billion
JLab+¥200 million
Corporate Expenses-¥100 million
償却費・その他の収益・費用△22億円（うち為替評価△21億円）
Profit for the period
Operating profit△33億円
Equity-Method Investment Income and Loss-¥100 million
Financial income and expenses+¥100 million
Income tax expense+¥900 million
Profit or loss from discontinued operations-¥0.0 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Average US dollar exchange rate140.0円
Average euro exchange rate156.0円
米ドル期末為替レート140.0円
ユーロ期末為替レート156.0円
Additional tariffs2025年4月から12月末まで10%（中国は145%）
販売数量の参考前提
Teibowペン先（筆記）5%減、ペン先（コスメ）20%減、MIMは影響軽微
AlphaThetaプロ向け20%減、その他10%減
JLab10%減
New initiatives
- テイボーホールディングス株式会社を設立し、MIM事業を浜松メタルワークス株式会社に分社化
- AlphaThetaのDJソフトウェア・DJシステムをApple Musicに対応
- JLabがCES2025で新製品を発表
- 米国向け製品の価格転嫁、製造コスト・販管費の見直し、販売製品・地域の最適化
Key KPIsA metric the company considers important as a management benchmark.
- DJ equipment shipments187 thousand unitsYear on year against the same period last yearFY24 1Qの180千台から増加
- MAU of DJ applications94 10,000 peopleYear on year against the same period last yearFY24 1Qの92万人から増加
- JLab北米・中南米売上収益比率83 %Year on year against the same period last yearFY24 1Qの82%から上昇
Segment results
Teibow
Revenue
¥2,831 million+4.3%
Business EBITDA
¥561 million-5.9%
AlphaTheta
Revenue
¥17,382 million-8.2%
Business EBITDA
¥5,509 million-17.9%
JLab
Revenue
¥6,986 million+32.5%
Business EBITDA
¥899 million+23.4%
Financial targets
DOE目標を設定している旨のみ記載。具体的な数値はNot disclosedRisk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
Revenue関税政策等による影響額合計△1,900百万円。需要動向の変化による参考影響額△4,500百万円
Business EBITDA影響額合計△800百万円。販売数量変化の参考影響額△1,900百万円
Operating profit影響額合計△1,400百万円。販売数量変化の参考影響額△1,900百万円
Profit for the period影響額合計△1,000百万円。販売数量変化の参考影響額△1,300百万円
Capital expenditures
¥185 millionFY25 1Q、テイボー
Annual Dividend
配当予想は据え置き。1株当たり配当額はNot disclosedAcquisition of treasury shares
Acquisition amount6億円（財務CFの説明）
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ended December 2025 |
| Net Sales | ¥27,200 million (YoY +1.0%) |
| Operating profit | ¥4,315 million (YoY -43.4%) |
| Net income | ¥2,814 million (YoY -46.3%) |
| Results for the three months of the current quarter | FY25 1Qとして、売上収益27,200百万円、事業EBITDA6,656百万円、営業利益4,315百万円、当期利益2,814百万円を記載 |
| Full-year earnings forecast | Revenue ¥110,700 million / Business EBITDA ¥22,500 million / Operating profit ¥16,000 million / Profit for the period ¥10,700 million |
| Self-assessment against the plan | 事業は計画どおりに進展 |
| Segment results | Teibow Revenue ¥2,831 million (YoY +4.3%) / Business EBITDA ¥561 million (YoY -5.9%) / AlphaTheta Revenue ¥17,382 million (YoY -8.2%) / Business EBITDA ¥5,509 million (YoY -17.9%) / JLab Revenue ¥6,986 million (YoY +32.5%) / Business EBITDA ¥899 million (YoY +23.4%) |
| Breakdown of Factors Affecting the Change | Revenue Foreign Exchange Effects +¥400 million / Teibow +¥100 million / AlphaTheta △17億円 / JLab +¥1.5 billion / Operating profit Foreign Exchange Effects ±¥0 billion / Teibow -¥0.0 billion / AlphaTheta -¥1.2 billion / JLab +¥200 million / Corporate Expenses -¥100 million / 償却費・その他の収益・費用 △22億円（うち為替評価△21億円） / Profit for the period Operating profit △33億円 / Equity-Method Investment Income and Loss -¥100 million / Financial income and expenses +¥100 million / Income tax expense +¥900 million / Profit or loss from discontinued operations -¥0.0 billion |
| Key KPIs | Indicator name DJ equipment shipments / Value 187 thousand units / Year on year against the same period last year FY24 1Qの180千台から増加, Indicator name MAU of DJ applications / Value 94 10,000 people / Year on year against the same period last year FY24 1Qの92万人から増加, Indicator name JLab北米・中南米売上収益比率 / Value 83 % / Year on year against the same period last year FY24 1Qの82%から上昇 |
| Assumptions Underlying the Business Outlook | Average US dollar exchange rate 140.0円 / Average euro exchange rate 156.0円 / 米ドル期末為替レート 140.0円 / ユーロ期末為替レート 156.0円 / Additional tariffs 2025年4月から12月末まで10%（中国は145%） / 販売数量の参考前提 Teibow ペン先（筆記）5%減、ペン先（コスメ）20%減、MIMは影響軽微 / AlphaTheta プロ向け20%減、その他10%減 / JLab 10%減 |
| Risk amount incorporated into the outlook | Revenue 関税政策等による影響額合計△1,900百万円。需要動向の変化による参考影響額△4,500百万円 / Business EBITDA 影響額合計△800百万円。販売数量変化の参考影響額△1,900百万円 / Operating profit 影響額合計△1,400百万円。販売数量変化の参考影響額△1,900百万円 / Profit for the period 影響額合計△1,000百万円。販売数量変化の参考影響額△1,300百万円 |
| Financial targets | DOE目標を設定している旨のみ記載。具体的な数値はNot disclosed |
| Annual Dividend | 配当予想は据え置き。1株当たり配当額はNot disclosed |
| Acquisition of treasury shares | Acquisition amount 6億円（財務CFの説明） / Number of Shares Not disclosed / Period Not disclosed |
| Capital expenditures | 185 百万円（FY25 1Q、テイボー） |
| New initiatives | テイボーホールディングス株式会社を設立し、MIM事業を浜松メタルワークス株式会社に分社化, AlphaThetaのDJソフトウェア・DJシステムをApple Musicに対応, JLabがCES2025で新製品を発表, 米国向け製品の価格転嫁、製造コスト・販管費の見直し、販売製品・地域の最適化 |
Items this document does not state (13)
Ordinary incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesMedium-term management plan targetsPayout ratioOrders 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.第1四半期はJLabの販売好調や為替影響で売上収益が増加した一方、外貨資産の為替評価で想定以上の評価損が発生した。通期予想は、想定為替レート、米国の追加関税10%、販売価格への転嫁を反映して修正した。需要動向の変化は不確実性が高いため織り込んでいない。
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.