Worth reading
50Recurring
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
34.6
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 January 2026–31 March 2026ConsolidatedIFRSNet Sales31,096USD thousand (¥4,973 million)Year on year +34.6%
Operating profit456USD thousand (¥73 million)Year on year -61.5%
Ordinary income337USD thousand (¥54 million; pretax quarterly profit under IFRS)Year on year -65.5%
Net income attributable to owners of the parent-452USD thousand (loss of ¥72 million)
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit.
Net income per share¥3.24 loss (basic; USD 0.02 loss)
Financial position at period-end
Total assets155,039USD thousand (¥24,795 million)
of which net assets 93,087 USD thousand (¥24,795 million)Equity ratio 59.2%vs. prior year-end +2.4pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash flows from operating activities-4,877 USD thousand (¥780 million loss)
Cash flows from investing activities-42 USD thousand (¥7 million loss)
Cash flows from financing activities-2,073 USD thousand (¥332 million loss)
Cash and cash equivalents at end of period29,442 USD thousand (¥4,709 million)
Segment revenueManagement Services business 11,732 USD thousand (¥1,876 million), Professional Solutions business 12,393 USD thousand (¥1,982 million), Pet Care area 4,788 USD thousand (¥766 million), Strategic Investment area 2,887 USD thousand (¥462 million)
Segment profitManagement Services business 1,106 USD thousand (¥177 million), Professional Solutions business -75 USD thousand (loss of ¥12 million), Pet Care area 378 USD thousand (¥60 million), Strategic Investment area 117 USD thousand (¥19 million)
Regional salesRegion Japan / Current fiscal year USD 4,481 thousand (¥717 million) / Prior-year period USD 3,097 thousand (¥495 million), Region Southeast Asia / Current fiscal year USD 2,606 thousand (¥417 million) / Prior-year period USD 2,420 thousand (¥387 million), Region Greater China / Current fiscal year USD 1,507 thousand (¥241 million) / Prior-year period USD 1,186 thousand (¥190 million), Region India / Current fiscal year USD 2,870 thousand (¥459 million) / Prior-year period USD 2,860 thousand (¥457 million), Region Europe / Current fiscal year USD 440 thousand (¥70 million) / Prior-year period USD 541 thousand (¥87 million), Region North America / Current fiscal year USD 302 thousand (¥48 million) / Prior-year period USD 194 thousand (¥31 million), Region Elimination of intersegment transactions / Current fiscal year USD 779 thousand loss (¥125 million loss) / Prior-year period USD 333 thousand loss (¥53 million loss)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales129,412 USD thousand (¥20,697 million) (YoY +22.4%)
Operating profit8,537 USD thousand (¥1,365 million) (YoY +7.5%)
Ordinary income8,451 USD thousand (¥1,352 million; profit before income taxes) (YoY +17.0%)
Net income5,458 USD thousand (¥873 million) (YoY +30.4%)
Annual Dividend Forecast0.09 USD (¥14.39 per share for the previous fiscal year; ¥19.19 forecast for the current fiscal year) → 0.12 USD (¥14.39 per share for the previous fiscal year; ¥19.19 forecast for the current fiscal year)（+33.3%）
Factors Behind Changes in Business Performance
Revenue increased in Japan, where efforts to win new projects progressed smoothly, in Greater China, which benefited substantially from contributions by acquired subsidiaries, and in Southeast Asia, where efforts to strengthen leadership produced results. Operating profit decreased because general and administrative expenses increased due to recruitment-related costs incurred in anticipation of business expansion, external advisory fees related to evaluating investments, and costs associated with initiatives to improve profitability in certain areas of the Professional Solutions business.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Depreciation and amortization1,248 USD thousand (¥200 million)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors, media representatives and individual investors)
Issued Shares at Period-End22,349,092 shares
Treasury Shares at Period-End- shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | 31,096 USD thousand (¥4,973 million) (YoY +34.6%) |
| Operating profit | 456 USD thousand (¥73 million) (YoY -61.5%) |
| Ordinary income | 337 USD thousand (¥54 million; pretax quarterly profit under IFRS) (YoY -65.5%) |
| Profit attributable to owners of the parent | -452 USD thousand (loss of ¥72 million) |
| Net income per share | ¥3.24 loss (basic; USD 0.02 loss) |
| Equity ratio | End of the current fiscal period 59.2% / End of previous period 56.8% |
| Total assets | 155,039 USD thousand (¥24,795 million) |
| Net assets | 93,087 USD thousand (¥14,887 million) |
| Cash flows from operating activities | -4,877 USD thousand (¥780 million loss) |
| Cash flows from investing activities | -42 USD thousand (¥7 million loss) |
| Cash flows from financing activities | -2,073 USD thousand (¥332 million loss) |
| Cash and cash equivalents at end of period | 29,442 USD thousand (¥4,709 million) |
| Full-year earnings forecast | Net Sales 129,412 USD thousand (¥20,697 million) (YoY +22.4%) / Operating profit 8,537 USD thousand (¥1,365 million) (YoY +7.5%) / Ordinary income 8,451 USD thousand (¥1,352 million; profit before income taxes) (YoY +17.0%) / Net income 5,458 USD thousand (¥873 million) (YoY +30.4%) |
| Annual Dividend Forecast | 0.09 USD (¥14.39 per share for the previous fiscal year; ¥19.19 forecast for the current fiscal year) → 0.12 USD (¥14.39 per share for the previous fiscal year; ¥19.19 forecast for the current fiscal year)（+33.3%） |
| Segment revenue | Management Services business 11,732 USD thousand (¥1,876 million), Professional Solutions business 12,393 USD thousand (¥1,982 million), Pet Care area 4,788 USD thousand (¥766 million), Strategic Investment area 2,887 USD thousand (¥462 million) |
| Segment profit | Management Services business 1,106 USD thousand (¥177 million), Professional Solutions business -75 USD thousand (loss of ¥12 million), Pet Care area 378 USD thousand (¥60 million), Strategic Investment area 117 USD thousand (¥19 million) |
| Regional sales | Region Japan / Current fiscal year USD 4,481 thousand (¥717 million) / Prior-year period USD 3,097 thousand (¥495 million), Region Southeast Asia / Current fiscal year USD 2,606 thousand (¥417 million) / Prior-year period USD 2,420 thousand (¥387 million), Region Greater China / Current fiscal year USD 1,507 thousand (¥241 million) / Prior-year period USD 1,186 thousand (¥190 million), Region India / Current fiscal year USD 2,870 thousand (¥459 million) / Prior-year period USD 2,860 thousand (¥457 million), Region Europe / Current fiscal year USD 440 thousand (¥70 million) / Prior-year period USD 541 thousand (¥87 million), Region North America / Current fiscal year USD 302 thousand (¥48 million) / Prior-year period USD 194 thousand (¥31 million), Region Elimination of intersegment transactions / Current fiscal year USD 779 thousand loss (¥125 million loss) / Prior-year period USD 333 thousand loss (¥53 million loss) |
| Depreciation and amortization | 1,248 USD thousand (¥200 million) |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors, media representatives and individual investors) |
| Issued Shares at Period-End | 22,349,092 shares |
| Treasury Shares at Period-End | - shares |
| Factors Behind Changes in Business Performance | Revenue increased in Japan, where efforts to win new projects progressed smoothly, in Greater China, which benefited substantially from contributions by acquired subsidiaries, and in Southeast Asia, where efforts to strengthen leadership produced results. Operating profit decreased because general and administrative expenses increased due to recruitment-related costs incurred in anticipation of business expansion, external advisory fees related to evaluating investments, and costs associated with initiatives to improve profitability in certain areas of the Professional Solutions business. |
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Material subsequent events
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.Revenue increased due to progress in winning new projects, contributions from acquired subsidiaries, and higher revenue across the business areas. General and administrative expenses increased due to recruitment-related costs incurred in preparation for business expansion, external advisory fees related to evaluating investments, and costs associated with initiatives to improve profitability in the Professional Solutions business, resulting in lower operating profit.
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.