Worth reading
72In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
25
¥ million (year-on-year decrease in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter of the fiscal year ending September 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥970 million+2.6%
Operating profit¥68 million-27.5%
Ordinary income¥68 million-27.4%
Net income¥44 million-23.8%
Gross Profit Margin52.6% (gross profit of ¥510 million / revenue of ¥970 million)
Operating profit margin7
Selling, general and administrative expenses¥442 million
Results for the three months of the current quarterRevenue was ¥689 million. Second-quarter orders amounted to ¥561 million. Three-month standalone figures for the other profit and loss items were not disclosed.
Full-year earnings forecast
Net Sales
¥1,850 million
Cost of sales
¥856 million
Gross profit
¥993 million
Selling, general and administrative expenses
¥943 million
Operating profit
¥50 million
Ordinary income
¥48 million
Net income for the current fiscal year
¥31 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Cumulative second-quarter results in the recruiting business came in above plan. Overall, progress toward achieving the full-year earnings forecast is proceeding smoothly.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net SalesLarger projects, the impact of the newly established corporate branding team, and strengthened sales activities in the recruiting business
Operating profitRevenue +¥24 million, cost of sales +¥52 million, SG&A expenses △¥2 million, operating income △¥25 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Sales growth rate+19.6% year on year
Cost ratio46.3 %
Assumptions and volumeAn increase in productivity per production staff member is expected
New initiatives
- Establishment of a corporate branding team
- Integration of corporate communications and sustainability branding
- Separation and strengthening of product and service marketing as a new business area
- Strengthening the sales team, primarily with personnel from major advertising agencies
- Strengthening cross-selling to existing customers
- Changed the special shareholder benefit commemorating the first anniversary of the listing from QUO Cards to digital gifts
- Introduction of a permanent shareholder benefit for shareholders holding at least 300 shares
Key KPIsA metric the company considers important as a management benchmark.
- Orders (second quarter)¥561 millionYear on year against the same period last yearRecord high
- Order backlog (as of end-March)¥970 millionYear on year against the same period last year2.3x
- Number of customers with annual orders of at least ¥10 million34 companies
- Number of new customers112 companies
- Repeat-purchase rateApproximately 70% each fiscal period
Segment results
Single segmentBranding business
Corporate communications
¥302 million+49.5%
Product and service marketing
¥72 million
Internal branding
¥212 million-30.9%
Recruiting
¥382 million+16.7%
Market Size / Share
Market Size
Very large and large companiesApproximately 1,300 companies
Mid-sized companiesApproximately 9,000 companies
Small and medium-sized companiesApproximately 3,360,000 companies
Target marketApproximately 10,000 companies
Orders received and order backlog
Orders received
¥949 million first half
Order backlog
¥970 million as of end-March
Number of employees
141 people
As ofEnd of September 2025
Changes during the period and hiring planNew hiring will be limited to filling vacancies, with the focus placed on retaining outstanding employees.
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending September 2026 |
| Net Sales | ¥970 million (YoY +2.6%) |
| Operating profit | ¥68 million (YoY -27.5%) |
| Ordinary income | ¥68 million (YoY -27.4%) |
| Net income | ¥44 million (YoY -23.8%) |
| Gross Profit Margin | 52.6% (gross profit of ¥510 million / revenue of ¥970 million) |
| Operating profit margin | 7 |
| Selling, general and administrative expenses | ¥442 million |
| Results for the three months of the current quarter | Revenue was ¥689 million. Second-quarter orders amounted to ¥561 million. Three-month standalone figures for the other profit and loss items were not disclosed. |
| Full-year earnings forecast | Net Sales ¥1,850 million / Cost of sales ¥856 million / Gross profit ¥993 million / Selling, general and administrative expenses ¥943 million / Operating profit ¥50 million / Ordinary income ¥48 million / Net income for the current fiscal year ¥31 million |
| Self-assessment against the plan | Cumulative second-quarter results in the recruiting business came in above plan. Overall, progress toward achieving the full-year earnings forecast is proceeding smoothly. |
| Segment results | Single segment Branding business / Corporate communications ¥302 million (YoY +49.5%) / Product and service marketing ¥72 million / Internal branding ¥212 million (YoY -30.9%) / Recruiting ¥382 million (YoY +16.7%) |
| Breakdown of Factors Affecting the Change | Net Sales Larger projects, the impact of the newly established corporate branding team, and strengthened sales activities in the recruiting business / Operating profit Revenue +¥24 million, cost of sales +¥52 million, SG&A expenses △¥2 million, operating income △¥25 million |
| Key KPIs | Indicator name Orders (second quarter) / Value ¥561 million / Year on year against the same period last year Record high, Indicator name Order backlog (as of end-March) / Value ¥970 million / Year on year against the same period last year 2.3x, Indicator name Number of customers with annual orders of at least ¥10 million / Value 34 companies / Year on year against the same period last year Not disclosed, Indicator name Number of new customers / Value 112 companies / Year on year against the same period last year Not disclosed, Indicator name Repeat-purchase rate / Value Approximately 70% each fiscal period / Year on year against the same period last year Not disclosed |
| Number of employees | 141 people |
| Assumptions Underlying the Business Outlook | Sales growth rate +19.6% year on year / Cost ratio 46.3 % / Assumptions and volume An increase in productivity per production staff member is expected |
| Orders received and order backlog | Orders received ¥949 million (first half) / Order backlog ¥970 million (as of end-March) |
| Market Size / Share | Market Size Very large and large companies Approximately 1,300 companies / Mid-sized companies Approximately 9,000 companies / Small and medium-sized companies Approximately 3,360,000 companies / Target market Approximately 10,000 companies / Share Not disclosed |
| New initiatives | Establishment of a corporate branding team, Integration of corporate communications and sustainability branding, Separation and strengthening of product and service marketing as a new business area, Strengthening the sales team, primarily with personnel from major advertising agencies, Strengthening cross-selling to existing customers, Changed the special shareholder benefit commemorating the first anniversary of the listing from QUO Cards to digital gifts, Introduction of a permanent shareholder benefit for shareholders holding at least 300 shares |
Items this document does not state (11)
Progress against full-year forecastUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresKey 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.For the cumulative second quarter, gross profit and operating income declined because larger projects increased outsourcing costs and pushed up the cost ratio. For the full year, the company plans to return to profitability through the revenue growth effects of its new strategy and organizational structure, together with higher productivity per production staff member.
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.