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
-125
Millions of yen (year-on-year change in ordinary profit)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Financial results presentationFiscal year ending February 2027, second quarter5 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥10,271 million+18.6%
Operating profit¥-58 million-181.1%
Ordinary income¥-73 million-243.7%
Net income¥-135 million -319.4%interim net income attributable to owners of the parent
Selling, general and administrative expenses¥259 million cumulative
Results for the three months of the current quarter
Net Sales
¥4,980 million
SG&A personnel expenses
¥141 million
SG&A ratio
7.2 %
Equipment, implementation and development revenue
¥97 million
Full-year earnings forecast
Net SalesTo be determined
Operating profitTo be determined
Ordinary incomeTo be determined
Profit attributable to owners of the parentTo be determined
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Plan not achievedBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Increase in labor costs included in cost of sales
¥75 million
Increase in rent included in cost of sales
¥316 million
Relocation costs associated with subleasing the Higashi-Osaka siteOne-time expense (amount not disclosed)
Provision for shareholder benefits and allowance for doubtful accountsIncrease (amount not disclosed)
New initiatives
- Promoting the introduction of autonomous mobile robots (AMRs) through partnerships with Chinese companies
- Introduction of 3D sorters
- Integration of the company’s proprietary WMS with automated robots
- Conversion of the Higashi-Osaka facility to a sublease arrangement
- Consolidation of existing Kansai facilities into core centers
Key KPIsA metric the company considers important as a management benchmark.
Recurring revenue
¥85 million
Equipment, implementation and development revenue
¥97 million
Number of automated order-processing outsourcing casesExpansion (figure not disclosed)
CGL and monitoring licensesStrong (figure not disclosed)
Segment results
Logistics
Net Sales
¥9,192 million
Segment gross profit
¥317 million
Segment gross profit margin
3.4 %
Systems Sales Business
Net Sales
¥308 million
Segment gross profit
¥100 million
Segment gross profit margin
32.5 %
Commerce DX Business
Net Sales
¥116 million
Segment gross profit
¥37 million
Segment gross profit margin
31.5 %
Cyber security business
Net Sales
¥16 million
Segment gross profit
¥13 million
Segment gross profit margin
81.4 %
Estate Leasing Business
Net Sales
¥549 million
Segment gross profit
¥147 million
Segment gross profit margin
26.7 %
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Fiscal year ending February 2027, second quarter |
| Net Sales | ¥10,271 million (YoY +18.6%) |
| Operating profit | ¥-58 million (YoY -181.1%) |
| Ordinary income | ¥-73 million (YoY -243.7%) |
| Net income | ¥-135 million (interim net income attributable to owners of the parent) (YoY -319.4%) |
| Selling, general and administrative expenses | ¥259 million (cumulative) |
| Results for the three months of the current quarter | Net Sales ¥4,980 million / SG&A personnel expenses ¥141 million / SG&A ratio 7.2 % / Equipment, implementation and development revenue ¥97 million |
| Full-year earnings forecast | Net Sales To be determined / Operating profit To be determined / Ordinary income To be determined / Profit attributable to owners of the parent To be determined |
| Self-assessment against the plan | Plan not achieved |
| Segment results | Logistics Net Sales ¥9,192 million / Segment gross profit ¥317 million / Segment gross profit margin 3.4 % / Systems Sales Business Net Sales ¥308 million / Segment gross profit ¥100 million / Segment gross profit margin 32.5 % / Commerce DX Business Net Sales ¥116 million / Segment gross profit ¥37 million / Segment gross profit margin 31.5 % / Cyber security business Net Sales ¥16 million / Segment gross profit ¥13 million / Segment gross profit margin 81.4 % / Estate Leasing Business Net Sales ¥549 million / Segment gross profit ¥147 million / Segment gross profit margin 26.7 % |
| Breakdown of Factors Affecting the Change | Increase in labor costs included in cost of sales ¥75 million / Increase in rent included in cost of sales ¥316 million / Relocation costs associated with subleasing the Higashi-Osaka site One-time expense (amount not disclosed) / Provision for shareholder benefits and allowance for doubtful accounts Increase (amount not disclosed) |
| Key KPIs | Recurring revenue ¥85 million / Equipment, implementation and development revenue ¥97 million / Number of automated order-processing outsourcing cases Expansion (figure not disclosed) / CGL and monitoring licenses Strong (figure not disclosed) |
| New initiatives | Promoting the introduction of autonomous mobile robots (AMRs) through partnerships with Chinese companies, Introduction of 3D sorters, Integration of the company’s proprietary WMS with automated robots, Conversion of the Higashi-Osaka facility to a sublease arrangement, Consolidation of existing Kansai facilities into core centers |
Items this document does not state (17)
Gross Profit MarginOperating profit marginProgress against full-year forecastUnit price and quantity metricsNumber 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.Although handling volumes fell sharply at some existing customers, labor-cost adjustments were delayed and rent on vacant space at the MEGA Center and other facilities increased. In addition, one-time relocation costs arose in connection with the conversion of the Higashi-Osaka facility to a sublease arrangement, while the acceptance inspection for a large IT contract development project was pushed back to the second half.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.