Komori
Earnings presentation9238VALUE CREATION CO.,LTD.Information and Communications, Services and Others

Explanatory Materials on the Third-Quarter Financial Results for the Fiscal Year Ended February 2026

For the nine months ended November 2025, net sales and gross profit exceeded the same period of the previous year, reaching 84% of the full-year forecast for gross profit, 86% for ordinary income and 88% for net income. In the real estate DX business, applications and transaction volume increased, and the company also announced new business developments, including certification as an official LINE account agency and collaboration with financial institutions and operating companies.

Worth reading
44Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
297
Year-on-year change in net profit (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentation2026年2月期 第3四半期9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,751 million
Operating profit¥104 million
Ordinary income¥186 million
Net income¥121 million
Operating profit margin3.8%
Results for the three months of the current quarter
Real Estate DX Business
Sales104
Sales unit¥ million
Gross profit45
Gross profit unit¥ million
Gross Profit Margin43.6%
Operating profit0
Operating profit unit¥ million
Operating profit margin0.9%
Full-year earnings forecast
Sales
¥3,820 million
Gross profit
¥1,201 million
Operating profit
¥193 million
Ordinary income
¥218 million
Net income after tax
¥137 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。
Sales72%
Gross profit84%
Operating profit54%
Ordinary income86%
Net income after tax88%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
売上総利益では計画に対して84%で進捗。経常利益、当期純利益では予算進捗80%超で着地。
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
採用費、採用イベント費、マーケティングDXの展示会出展費、人件費、のれん償却費、新規事業対応、暗号資産評価損
New initiatives
  • LINE公式アカウント認定代理店の認定取得
  • テモナとの解体業者向けキャッシュフロー改善協業
  • 埼玉りそな銀行との空き家等の有効活用に関する連携協定
  • タスキホールディングスとの戦略的パートナーシップ
  • Entering the B2B demolition market using a construction business license
Key KPIsA metric the company considers important as a management benchmark.
  • 第3四半期取引社数480 companies
  • Retention Rate96.4%
  • 第3四半期取扱高¥592 million
  • ユーザー申込数（累計）73,460 Engagements
    Year on year against the same period last year+94.3%
  • 市場利用率3.6%
  • 2027年利用率見込み12.0%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
ユーザー申込数73,460件、YoY+94.3%、QoQ+20.1%
マッチング平均単価145千円
元請総額15,368千円
パートナー紹介総額38,079千円
不動産売買単価0千円
お墓じまい単価263千円
Segment results
Marketing DX Business売上・粗利益・営業利益はいずれも前年同期比で増加。具体的数値はグラフ記載だが本文で判読できず
Real Estate DX Business
Sales前年同期比149%
Other売上高・粗利益ともに増加、営業利益は新規事業準備対応によりQoQ減少
Medium-term management plan targets
Revenue CAGR21.5%
売上総利益CAGR22.1%
マーケティングDX成長率10%
Gross Profit Margin30%強
Target fiscal yearFiscal year ending February 2030
Market Size / Share
住宅解体市場規模9兆2,713億円
非住宅解体市場規模¥868.5 billion
解体全体市場規模10兆1,399億円
顕在住宅解体市場におけるマッチングサービス経由市場規模¥32.3 billion
店舗・事務所解体市場における自社シェア¥7.3 billion
Internet advertising marketApproximately ¥3.2 trillion
Gross profit
¥1,014 million
Rate36.9%
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period Covered2026年2月期 第3四半期
Net Sales¥2,751 million
Operating profit¥104 million
Ordinary income¥186 million
Net income¥121 million
Gross profit¥1,014 million
Operating profit margin3.8%
Results for the three months of the current quarterReal Estate DX Business Sales 104 / Sales unit ¥ million / Gross profit 45 / Gross profit unit ¥ million / Gross Profit Margin 43.6% / Operating profit 0 / Operating profit unit ¥ million / Operating profit margin 0.9%
Full-year earnings forecastSales ¥3,820 million / Gross profit ¥1,201 million / Operating profit ¥193 million / Ordinary income ¥218 million / Net income after tax ¥137 million
Progress against full-year forecastSales 72% / Gross profit 84% / Operating profit 54% / Ordinary income 86% / Net income after tax 88%
Self-assessment against the plan売上総利益では計画に対して84%で進捗。経常利益、当期純利益では予算進捗80%超で着地。
Segment resultsMarketing DX Business 売上・粗利益・営業利益はいずれも前年同期比で増加。具体的数値はグラフ記載だが本文で判読できず / Real Estate DX Business Sales 前年同期比149% / Other 売上高・粗利益ともに増加、営業利益は新規事業準備対応によりQoQ減少
Breakdown of Factors Affecting the Change採用費、採用イベント費、マーケティングDXの展示会出展費、人件費、のれん償却費、新規事業対応、暗号資産評価損
Key KPIsIndicator name 第3四半期取引社数 / Value 480 companies / Year on year against the same period last year Not disclosed, Indicator name Retention Rate / Value 96.4% / Year on year against the same period last year Not disclosed, Indicator name 第3四半期取扱高 / Value ¥592 million / Year on year against the same period last year Not disclosed, Indicator name ユーザー申込数（累計） / Value 73,460 Engagements / Year on year against the same period last year +94.3%, Indicator name 市場利用率 / Value 3.6% / Year on year against the same period last year Not disclosed, Indicator name 2027年利用率見込み / Value 12.0% / Year on year against the same period last year Not disclosed
Unit price and quantity metricsユーザー申込数 73,460件、YoY+94.3%、QoQ+20.1% / マッチング平均単価 145千円 / 元請総額 15,368千円 / パートナー紹介総額 38,079千円 / 不動産売買単価 0千円 / お墓じまい単価 263千円
Medium-term management plan targetsRevenue CAGR 21.5% / 売上総利益CAGR 22.1% / マーケティングDX成長率 10% / Gross Profit Margin 30%強 / Target fiscal year Fiscal year ending February 2030
Market Size / Share住宅解体市場規模 9兆2,713億円 / 非住宅解体市場規模 ¥868.5 billion / 解体全体市場規模 10兆1,399億円 / 顕在住宅解体市場におけるマッチングサービス経由市場規模 ¥32.3 billion / 店舗・事務所解体市場における自社シェア ¥7.3 billion / Internet advertising market Approximately ¥3.2 trillion
New initiativesLINE公式アカウント認定代理店の認定取得, テモナとの解体業者向けキャッシュフロー改善協業, 埼玉りそな銀行との空き家等の有効活用に関する連携協定, タスキホールディングスとの戦略的パートナーシップ, Entering the B2B demolition market using a construction business license
Items this document does not state (12)
Selling, general and administrative expensesNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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.

不動産DXでは、空き家問題への市場関心の高まりによりユーザー申込数が増加し、マッチングやパートナー紹介の増加が売上・粗利益を押し上げた。費用面では採用費、採用イベント費、マーケティングDXの展示会出展費、人件費、のれん償却費が増加し、新規事業対応も不動産DXの営業利益を押し下げた。

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.
Explanatory Materials on the Third-Quarter Financial Results for the Fiscal Year Ended February 2026 | VALUE CREATION CO.,LTD. (9238) timely disclosure | Komori