Worth reading
53Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
13.9
% (year-on-year increase in net sales)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 September 2025–28 February 2026ConsolidatedJapanese GAAPNet Sales212,823¥ millionYear on year +13.9%Progress 50.2%
Operating profit18,116¥ millionYear on year +9.1%Progress 54.1%
Ordinary income17,087¥ millionYear on year +2.8%Progress 53.1%
Net income attributable to owners of the parent9,884¥ millionYear on year +4.7%Progress 53.4%
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. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥54.80
Financial position at period-end
Total assets296,543¥ million
of which net assets 117,176 ¥ millionEquity ratio 35.6%vs. prior year-end -2.0pt
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 inflows and outflows
Operating+19,213
Investment-13,635
Financials+19,108
Net change+24,686
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥82,386 million
Segment revenueContent Distribution business ¥70,617 million (YoY +13.1%), Store and Facility Solutions business ¥47,505 million (YoY -3.4%), Communications and Energy business ¥89,892 million (YoY +21.8%), Finance, Real Estate and Global business ¥9,026 million (YoY +82.9%)
Segment profitContent Distribution business ¥5,782 million (YoY -0.6%), Store and Facility Solutions business ¥8,729 million (YoY -5.1%), Communications and Energy business ¥7,027 million (YoY +29.1%), Finance, Real Estate and Global business ¥1,165 million (YoY +47.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥424,000 million (YoY +8.6%)
Operating profit¥33,500 million (YoY +6.1%)
Ordinary income¥32,200 million (YoY +4.2%)
Net income¥18,500 million (YoY +0.6%)
Annual Dividend Forecast¥15.5 → ¥17（+9.7%）
Factors Behind Changes in Business Performance
Strengthening services to meet market needs among B2B customers, expanding U-NEXT's content lineup and improving service quality for B2C customers, launching new services across the businesses, and executing strategies that leverage the business portfolio.
Disclosure regarding the going concern assumption
No applicable matters
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 consolidation0 additions and 0 exclusions (no company names)
Material subsequent eventsOn 1 April 2026, the company acquired 70% of the shares of 株式会社エクシング and made it a consolidated subsidiary. The purchase consideration was ¥17,500 million in cash. The acquisition cost and the amounts of the assets acquired, liabilities assumed and goodwill have not yet been determined.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥7 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥520 million
Depreciation and amortization¥4,426 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End180,375,333 shares
Treasury Shares at Period-End423 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 September 2025–28 February 2026 |
| Net Sales | ¥212,823 million (YoY +13.9%) |
| Operating profit | ¥18,116 million (YoY +9.1%) |
| Ordinary income | ¥17,087 million (YoY +2.8%) |
| Profit attributable to owners of the parent | ¥9,884 million (YoY +4.7%) |
| Net income per share | ¥54.80 |
| Equity ratio | End of the current fiscal period 35.6% / End of previous period 37.6% |
| Total assets | ¥296,543 million |
| Net assets | ¥117,176 million |
| Cash flows from operating activities | ¥19,213 million |
| Cash flows from investing activities | ¥-13,635 million |
| Cash flows from financing activities | ¥19,108 million |
| Cash and cash equivalents at end of period | ¥82,386 million |
| Full-year earnings forecast | Net Sales ¥424,000 million (YoY +8.6%) / Operating profit ¥33,500 million (YoY +6.1%) / Ordinary income ¥32,200 million (YoY +4.2%) / Net income ¥18,500 million (YoY +0.6%) |
| Annual Dividend Forecast | ¥15.5 → ¥17（+9.7%） |
| Segment revenue | Content Distribution business ¥70,617 million (YoY +13.1%), Store and Facility Solutions business ¥47,505 million (YoY -3.4%), Communications and Energy business ¥89,892 million (YoY +21.8%), Finance, Real Estate and Global business ¥9,026 million (YoY +82.9%) |
| Segment profit | Content Distribution business ¥5,782 million (YoY -0.6%), Store and Facility Solutions business ¥8,729 million (YoY -5.1%), Communications and Energy business ¥7,027 million (YoY +29.1%), Finance, Real Estate and Global business ¥1,165 million (YoY +47.5%) |
| Depreciation and amortization | ¥4,426 million |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥7 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥520 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| 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 | 0 additions and 0 exclusions (no company names) |
| Material subsequent events | On 1 April 2026, the company acquired 70% of the shares of 株式会社エクシング and made it a consolidated subsidiary. The purchase consideration was ¥17,500 million in cash. The acquisition cost and the amounts of the assets acquired, liabilities assumed and goodwill have not yet been determined. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts and institutional investors) |
| Issued Shares at Period-End | 180,375,333 shares |
| Treasury Shares at Period-End | 423 shares |
| Factors Behind Changes in Business Performance | Strengthening services to meet market needs among B2B customers, expanding U-NEXT's content lineup and improving service quality for B2C customers, launching new services across the businesses, and executing strategies that leverage the business portfolio. |
Items this document does not state (6)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog
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.The company said it focused on strengthening services that meet market needs among B2B customers, expanding U-NEXT's content lineup and improving service quality for B2C customers, and launching new services across its businesses. It also cited tariff policies, yen depreciation, rising prices, inbound demand and geopolitical risks as factors affecting the business environment.
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.