Komori
Presentation materials for financial results8783abc Co.,Ltd.Financials (excluding banks)

Progress Report on the Medium-Term Management Plan

The company has transitioned from the profit-generation phase to the platform-building phase, combining BaaS, RWA, AI, global partnerships and other initiatives. Although it secured net income in the first half, it continues to report an operating loss due to investment in platform development.

Worth reading
80Important
Scored from 3 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
25.68
¥100 million (H1 net income)
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Medium-Term Management Plan PresentationSecond quarter of the fiscal year ending August 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales11.73 Hundreds of millions of yen
Operating profit-10.53 Hundreds of millions of yen
Ordinary income31.11 Hundreds of millions of yen
Net income25.68 Hundreds of millions of yen
Results for the three months of the current quarter
Net income
31.92 Hundreds of millions of yen
Crypto asset gains on sales
16.8 Hundreds of millions of yen
Valuation loss
-19.62 Hundreds of millions of yen
Full-year earnings forecast
Net Sales
Downside floor37.25 Hundreds of millions of yen
Limit57.25 Hundreds of millions of yen
Operating profit
Downside floor8.96 Hundreds of millions of yen
Limit28.96 Hundreds of millions of yen
Ordinary income
Downside floor96.06 Hundreds of millions of yen
Limit116.06 Hundreds of millions of yen
Net income for the current fiscal year
Downside floor62.01 Hundreds of millions of yen
Limit65.51 Hundreds of 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.
  • Crypto asset gains on sales (Q1)46.13 Hundreds of millions of yen
  • Crypto asset gains on sales (Q2)16.8 Hundreds of millions of yen
  • Q2 valuation loss-19.62 Hundreds of millions of yen
  • Strategic investment in platform development
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The company identifies volatility in the crypto asset market, changes in the regulatory environment and delays in business progress as risks. Numerical assumptions: Not disclosed
New initiatives
  • Launch of Meme Factory, a BaaS-based meme token creation platform
  • Official launch of the abc RWA platform and plans for an RWA fund
  • Approximately ¥170 million investment in SpaceX
  • Business partnership with House of Doge
  • Establishment of a Dubai office
  • AI reskilling for companies through AI Nyan
  • Development of the MVMNT crypto asset payments marketplace
Key KPIsA metric the company considers important as a management benchmark.
  • BaaS support track record10 Engagements
  • Business partners46 companies
    Year on year against the same period last yearUp 53% from 30 in October 2025
  • Number of servers with comcom Analytics installed4,000 over
  • Number of comcom Analytics data platform users749 10,000 users
  • Crypto-Yield¥16.3 100 million at the time of the previous report
    Year on year against the same period last yearApproximately four times in the first half alone
Segment results
  • Cybersecurity
    Net Sales4.44
    Revenue unitHundreds of millions of yen
    Operating profit0.63
    Operating profit unitHundreds of millions of yen
  • Space production
    Net Sales3.01
    Revenue unitHundreds of millions of yen
  • Games
    Net Sales1.71
    Revenue unitHundreds of millions of yen
  • Web3
    Operating profit41.1
    Operating profit unitHundreds of millions of yen
Medium-term management plan targets
A three-phase roadmap progressing from Platform Phase to Scale and then Ecosystem. Initiatives include monetizing BaaS operating revenue, expanding business partnerships, implementing an RWA fund and AI solutions, and establishing a token economy. Target year: Not disclosed
Financial targets
The transition to operating profitability is used as the milestone. Targets for ROE, ROIC, the D/E ratio and the equity ratio: Not disclosed
Number of stores and locations
The Dubai office has been established. Number of stores and openings and closures during the period: Not disclosed
Contents of this document
ItemDetails
Document typeMedium-Term Management Plan Presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending August 2026
Net Sales11.73 Hundreds of millions of yen
Operating profit-10.53 Hundreds of millions of yen
Ordinary income31.11 Hundreds of millions of yen
Net income25.68 Hundreds of millions of yen
Results for the three months of the current quarterNet income 31.92 Hundreds of millions of yen / Crypto asset gains on sales 16.8 Hundreds of millions of yen / Valuation loss -19.62 Hundreds of millions of yen
Full-year earnings forecastNet Sales Downside floor 37.25 Hundreds of millions of yen / Limit 57.25 Hundreds of millions of yen / Operating profit Downside floor 8.96 Hundreds of millions of yen / Limit 28.96 Hundreds of millions of yen / Ordinary income Downside floor 96.06 Hundreds of millions of yen / Limit 116.06 Hundreds of millions of yen / Net income for the current fiscal year Downside floor 62.01 Hundreds of millions of yen / Limit 65.51 Hundreds of millions of yen
Segment resultsSegment Cybersecurity / Net Sales 4.44 / Revenue unit Hundreds of millions of yen / Operating profit 0.63 / Operating profit unit Hundreds of millions of yen, Segment Space production / Net Sales 3.01 / Revenue unit Hundreds of millions of yen / Operating profit Not disclosed, Segment Games / Net Sales 1.71 / Revenue unit Hundreds of millions of yen / Operating profit Not disclosed, Segment Web3 / Net Sales Not disclosed / Operating profit 41.1 / Operating profit unit Hundreds of millions of yen
Breakdown of Factors Affecting the ChangeFactors Crypto asset gains on sales (Q1) / Amount 46.13 Hundreds of millions of yen, Factors Crypto asset gains on sales (Q2) / Amount 16.8 Hundreds of millions of yen, Factors Q2 valuation loss / Amount -19.62 Hundreds of millions of yen, Factors Strategic investment in platform development / Amount Not disclosed
Key KPIsIndicator BaaS support track record / Value 10 Engagements / Year on year against the same period last year Not disclosed, Indicator Business partners / Value 46 companies / Year on year against the same period last year Up 53% from 30 in October 2025, Indicator Number of servers with comcom Analytics installed / Value 4,000 over / Year on year against the same period last year Not disclosed, Indicator Number of comcom Analytics data platform users / Value 749 10,000 users / Year on year against the same period last year Not disclosed, Indicator Crypto-Yield / Value ¥16.3 100 million (at the time of the previous report) / Year on year against the same period last year Approximately four times in the first half alone
Number of stores and locationsThe Dubai office has been established. Number of stores and openings and closures during the period: Not disclosed
Assumptions Underlying the Business OutlookThe company identifies volatility in the crypto asset market, changes in the regulatory environment and delays in business progress as risks. Numerical assumptions: Not disclosed
Medium-term management plan targetsA three-phase roadmap progressing from Platform Phase to Scale and then Ecosystem. Initiatives include monetizing BaaS operating revenue, expanding business partnerships, implementing an RWA fund and AI solutions, and establishing a token economy. Target year: Not disclosed
Financial targetsThe transition to operating profitability is used as the milestone. Targets for ROE, ROIC, the D/E ratio and the equity ratio: Not disclosed
New initiativesLaunch of Meme Factory, a BaaS-based meme token creation platform, Official launch of the abc RWA platform and plans for an RWA fund, Approximately ¥170 million investment in SpaceX, Business partnership with House of Doge, Establishment of a Dubai office, AI reskilling for companies through AI Nyan, Development of the MVMNT crypto asset payments marketplace
Items this document does not state (15)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planUnit 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.

The company reported net income while absorbing a ¥1.962 billion crypto asset valuation loss in Q2, while strategic investment in platform development resulted in an operating loss. Going forward, it plans to monetize operating revenue from the BaaS business, expand its financial services and generate cash flow through its crypto asset treasury.

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.
Progress Report on the Medium-Term Management Plan | abc Co.,Ltd. (8783) timely disclosure | Komori