Worth reading
65In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
49.4
% (year-on-year change in operating income)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter of the fiscal year ending December 20266 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,894 million +17.1%cumulative
Operating profit¥940 million +70.2%cumulative
Ordinary income¥945 million +70.9%cumulative
Net income¥649 million +78.2%cumulative
Selling, general and administrative expenses¥1,192 million cumulative
Results for the three months of the current quarter
Net Sales
¥1,350 million+10.2%
Gross profit
¥1,005 million+15.1%
Selling, general and administrative expenses
¥600 million-0.3%
Operating profit
¥404 million+49.4%
Ordinary income
¥407 million+50.1%
Net income
¥279 million+54.9%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue may come in slightly below the full-year forecast, operating income may exceed the plan, and net income is tracking steadilyNew initiatives
The company plans to decide on strategic investments in the second half of the fiscal year. However, the specific investments and amounts are Not disclosedKey KPIsA metric the company considers important as a management benchmark.
- Subleased units59,580 units+17.2%
- Number of corporate clients4,228 companies+9.3%
- Number of major support cases555 ten thousand items+15.0%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Both the number of users and average unit price increased. However, specific figures are Not disclosedSegment results
Services for Real Estate Companies
Net Sales
¥1,242 million +7.6%cumulative
Gross profit
¥664 million +5.3%cumulative
Services for corporate clients
Net Sales
¥1,464 million +29.7%cumulative
Gross profit
¥1,310 million +26.2%cumulative
Services for moving companies
Net Sales
¥186 million -1.0%cumulative
Gross profit
¥158 million -0.7%cumulative
Gross profit
¥2,132 million +16.6%cumulative
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending December 2026 |
| Net Sales | ¥2,894 million (cumulative) (YoY +17.1%) |
| Operating profit | ¥940 million (cumulative) (YoY +70.2%) |
| Ordinary income | ¥945 million (cumulative) (YoY +70.9%) |
| Net income | ¥649 million (cumulative) (YoY +78.2%) |
| Gross profit | ¥2,132 million (cumulative) (YoY +16.6%) |
| Selling, general and administrative expenses | ¥1,192 million (cumulative) |
| Results for the three months of the current quarter | Net Sales ¥1,350 million (YoY +10.2%) / Gross profit ¥1,005 million (YoY +15.1%) / Selling, general and administrative expenses ¥600 million (YoY -0.3%) / Operating profit ¥404 million (YoY +49.4%) / Ordinary income ¥407 million (YoY +50.1%) / Net income ¥279 million (YoY +54.9%) |
| Self-assessment against the plan | Revenue may come in slightly below the full-year forecast, operating income may exceed the plan, and net income is tracking steadily |
| Segment results | Services for Real Estate Companies Net Sales ¥1,242 million (cumulative) (YoY +7.6%) / Gross profit ¥664 million (cumulative) (YoY +5.3%) / Services for corporate clients Net Sales ¥1,464 million (cumulative) (YoY +29.7%) / Gross profit ¥1,310 million (cumulative) (YoY +26.2%) / Services for moving companies Net Sales ¥186 million (cumulative) (YoY -1.0%) / Gross profit ¥158 million (cumulative) (YoY -0.7%) |
| Key KPIs | Subleased units 59,580 units (YoY +17.2%), Number of corporate clients 4,228 companies (YoY +9.3%), Number of major support cases 555 ten thousand items (YoY +15.0%) |
| Unit price and quantity metrics | Both the number of users and average unit price increased. However, specific figures are Not disclosed |
| New initiatives | The company plans to decide on strategic investments in the second half of the fiscal year. However, the specific investments and amounts are Not disclosed |
Items this document does not state (17)
Operating profit marginFull-year earnings forecastProgress against full-year forecastBreakdown of Factors Affecting the ChangeNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual 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.Growth in services for corporate clients drove revenue, while structural reductions in personnel expenses through the use of AI and productivity improvements contributed to higher profits. The decline in revenue from services for real estate companies was attributed to an accounting change that shifted certain transactions from gross to net presentation.
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.