Worth reading
83Important
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
16
Year-on-year change in revenue (%)Wording
Definitive
How definitive the wording is.Contents of this document
Financial results presentationFiscal year ending March 2026, full year9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥9,923 million+16.0%
Operating profit¥997 million-2.5%
Ordinary income¥1,003 million-2.0%
Net income¥686 million -7.8%net income attributable to owners of the parent
Operating profit margin10.1 %
Results for the three months of the current quarterQuarterly figures for solution revenue are provided. Standalone quarterly profit and loss figures for the company as a whole are not disclosed
Full-year earnings forecast
Net Sales
¥9,925 million
Operating profit
¥1,140 million
Ordinary income
¥1,140 million
Profit attributable to owners of the parent
¥780 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 Sales100 %
Operating profit87.5 %
Ordinary income88 %
Profit attributable to owners of the parent88 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Operating income fell short of the plan. The Health and Productivity Management business exceeded its plan in both revenue and profit. The Mentality Management business and Work-Life Balance Support business fell short of plan.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net SalesImpact of M&A: ¥2,115 million; existing businesses: ¥7,809 million
Operating profitImpact of M&A: ¥150 million; existing businesses: ¥847 million
CostsIncrease of ¥417 million in variable costs (cost of sales) in the Health and Productivity Management business, increase of ¥148 million in software amortization expenses, increase of ¥144 million in system-related expenses, increase of ¥337 million in personnel expenses, and ¥62 million in expenses for the investigation and consideration of strategic options
New initiatives
- Free provision of stress checks to workplaces with fewer than 100 employees
- Revamp of the counseling system
- Development of an insurance solicitation system for workplaces (EB Insurance Platform)
Key KPIsA metric the company considers important as a management benchmark.
- EBITDA¥2,049 millionYear on year against the same period last year+10.3%
- Recurring revenue ratio82.5 %
- Number of contracted companies3,190 companies
- Number of service users634 10,000 people
- Number of stress check user IDs304 10,000 people
Segment results
Mentality Management business
Net Sales
¥4,349 million
Segment profit
¥947 million
Health and Productivity Management business
Net Sales
¥3,282 million
Segment profit
¥295 million
Financial targets
Equity ratio
50.4 %
Market Size / Share
3,400 large corporations recognized as Health and Productivity Management Outstanding Organizations
ShareApproximately 30% of companies certified under the White 500 and Health & Productivity Stock Selection programs
Capital expenditures
¥811 million FY2025 system investment amount
Acquisition of treasury shares
¥564 million in expenditures for share repurchases in FY2024. The repurchase limit and period for the fiscal year ending March 2026 are not disclosed| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Fiscal year ending March 2026, full year |
| Net Sales | ¥9,923 million (YoY +16.0%) |
| Operating profit | ¥997 million (YoY -2.5%) |
| Ordinary income | ¥1,003 million (YoY -2.0%) |
| Net income | ¥686 million (net income attributable to owners of the parent) (YoY -7.8%) |
| Operating profit margin | 10.1 % |
| Results for the three months of the current quarter | Quarterly figures for solution revenue are provided. Standalone quarterly profit and loss figures for the company as a whole are not disclosed |
| Full-year earnings forecast | Net Sales ¥9,925 million / Operating profit ¥1,140 million / Ordinary income ¥1,140 million / Profit attributable to owners of the parent ¥780 million |
| Progress against full-year forecast | Net Sales 100 % / Operating profit 87.5 % / Ordinary income 88 % / Profit attributable to owners of the parent 88 % |
| Self-assessment against the plan | Operating income fell short of the plan. The Health and Productivity Management business exceeded its plan in both revenue and profit. The Mentality Management business and Work-Life Balance Support business fell short of plan. |
| Segment results | Mentality Management business Net Sales ¥4,349 million / Segment profit ¥947 million / Health and Productivity Management business Net Sales ¥3,282 million / Segment profit ¥295 million / Work-Life Balance Support business Not disclosed / LTD business Not disclosed / Risk Financing Business Not disclosed / Small-Amount and Short-Term Insurance Business Not disclosed |
| Breakdown of Factors Affecting the Change | Net Sales Impact of M&A: ¥2,115 million; existing businesses: ¥7,809 million / Operating profit Impact of M&A: ¥150 million; existing businesses: ¥847 million / Costs Increase of ¥417 million in variable costs (cost of sales) in the Health and Productivity Management business, increase of ¥148 million in software amortization expenses, increase of ¥144 million in system-related expenses, increase of ¥337 million in personnel expenses, and ¥62 million in expenses for the investigation and consideration of strategic options |
| Key KPIs | EBITDA ¥2,049 million, Recurring revenue ratio 82.5 %, Number of contracted companies 3,190 companies, Number of service users 634 10,000 people, Number of stress check user IDs 304 10,000 people |
| Financial targets | Equity ratio 50.4 % |
| Acquisition of treasury shares | ¥564 million in expenditures for share repurchases in FY2024. The repurchase limit and period for the fiscal year ending March 2026 are not disclosed |
| Capital expenditures | ¥811 million (FY2025 system investment amount) |
| Market Size / Share | Market Size 3,400 large corporations recognized as Health and Productivity Management Outstanding Organizations / Share Approximately 30% of companies certified under the White 500 and Health & Productivity Stock Selection programs |
| New initiatives | Free provision of stress checks to workplaces with fewer than 100 employees, Revamp of the counseling system, Development of an insurance solicitation system for workplaces (EB Insurance Platform) |
Items this document does not state (12)
Gross Profit MarginSelling, general and administrative expensesUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioOrders 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 increase in revenue was attributable to the full-year contribution from M&A subsidiaries and growth in existing businesses. The decline in operating income was due to changes in the revenue mix, higher amortization expenses resulting from growth investments, and ¥62 million in expenses incurred during the period for the investigation and consideration of strategic options.
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.