Worth reading
51Recurring
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
725
¥ millionWording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFirst quarter of the fiscal year ending December 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,764 million+35.6%
Operating profit¥116 million+100.3%
Ordinary income¥116 million+104.0%
Net income¥75 million+10.9%
Gross Profit Margin
Rate51.2%
Year on year against the same period last year▲4.9pt
Operating profit margin
Rate4.2%
Year on year against the same period last year+1.3pt
Results for the three months of the current quarterRevenue of ¥2,764 million, gross profit of ¥1,416 million, operating profit of ¥116 million, ordinary profit of ¥116 million, and net income of ¥75 million. These figures represent standalone results for the first quarter.
Full-year earnings forecast
Net Sales
¥11,000 million
Operating profit
¥430 million
Ordinary income
¥420 million
Net income for the current fiscal year
¥250 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales25.1%
Operating profit27.1%
Ordinary income27.8%
Net income for the current fiscal year30.3%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Off to a steady start toward achieving the full-year forecastBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
FREEDiVE's revenue contribution of approximately ¥480 million, approximately 12% year-on-year revenue growth at ワイヤレスゲート, higher costs associated with increased revenue, and appropriate investment controls
New initiatives
- Changed the reporting segment to the Wi-Fi and Global eSIM Connectivity Business
- Launch of WIRELESS GATE SIM / eSIM 1GB plans
- Launch of WG KOREA eSIM
- Launch of the ワイヤレスゲート光 residential fiber-optic service through collaboration with UNWX
- Launch of Jelly Beans Style recovery wear
- Launch of an online eSIM site for overseas customers
- Entry into advertising operations outsourcing and consulting focused on inbound tourism
- Planned launch of products combining used devices with eSIMs and SIM cards
- Planned provision of the company's proprietary IT platform services to corporate customers
Key KPIsA metric the company considers important as a management benchmark.
- Cumulative WiMAX subscriptionsAs shown in the graph
- Cumulative mobile Wi-Fi subscriptionsAs shown in the graph
- WiMAX churn rateAs shown in the graph
- Mobile Wi-Fi churn rateAs shown in the graph
- YouTube subscribers1.1 More than 100,000 as of 11 May 2026
Medium-term management plan targets
FY2028 December
Net Sales¥12.5–13.0 billion
Operating profit¥700–800 million
Fiscal year ending December 2033
Net Sales¥20 billion
Operating profit¥2 billion
Market capitalization¥30 billion
2035Re-designation to the TSE Prime Market
Financial targets
ROEMaintain ROE of 15% or higher (2033 target)
Market Size / Share
Inbound and digital advertising market¥2.98 billion in 2018, ¥5.06 billion in 2020, and approximately ¥21.2 billion in 2030
Number of employees
Consolidated54 people
Standalone34 people
Record date31 March 2026
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥2,764 million (YoY +35.6%) |
| Operating profit | ¥116 million (YoY +100.3%) |
| Ordinary income | ¥116 million (YoY +104.0%) |
| Net income | ¥75 million (YoY +10.9%) |
| Gross Profit Margin | Rate 51.2% / Year on year against the same period last year ▲4.9pt |
| Operating profit margin | Rate 4.2% / Year on year against the same period last year +1.3pt |
| Results for the three months of the current quarter | Revenue of ¥2,764 million, gross profit of ¥1,416 million, operating profit of ¥116 million, ordinary profit of ¥116 million, and net income of ¥75 million. These figures represent standalone results for the first quarter. |
| Full-year earnings forecast | Net Sales ¥11,000 million / Operating profit ¥430 million / Ordinary income ¥420 million / Net income for the current fiscal year ¥250 million |
| Progress against full-year forecast | Net Sales 25.1% / Operating profit 27.1% / Ordinary income 27.8% / Net income for the current fiscal year 30.3% |
| Self-assessment against the plan | Off to a steady start toward achieving the full-year forecast |
| Breakdown of Factors Affecting the Change | FREEDiVE's revenue contribution of approximately ¥480 million, approximately 12% year-on-year revenue growth at ワイヤレスゲート, higher costs associated with increased revenue, and appropriate investment controls |
| Key KPIs | Indicator name Cumulative WiMAX subscriptions / Value As shown in the graph / Year on year against the same period last year Not disclosed, Indicator name Cumulative mobile Wi-Fi subscriptions / Value As shown in the graph / Year on year against the same period last year Not disclosed, Indicator name WiMAX churn rate / Value As shown in the graph / Year on year against the same period last year Not disclosed, Indicator name Mobile Wi-Fi churn rate / Value As shown in the graph / Year on year against the same period last year Not disclosed, Indicator name YouTube subscribers / Value 1.1 More than 100,000 (as of 11 May 2026) / Year on year against the same period last year Not disclosed |
| Number of employees | Consolidated 54 people / Standalone 34 people / Record date 31 March 2026 |
| Medium-term management plan targets | FY2028 December Net Sales ¥12.5–13.0 billion / Operating profit ¥700–800 million / Fiscal year ending December 2033 Net Sales ¥20 billion / Operating profit ¥2 billion / Market capitalization ¥30 billion / 2035 Re-designation to the TSE Prime Market |
| Financial targets | ROE Maintain ROE of 15% or higher (2033 target) |
| Market Size / Share | Inbound and digital advertising market ¥2.98 billion in 2018, ¥5.06 billion in 2020, and approximately ¥21.2 billion in 2030 |
| New initiatives | Changed the reporting segment to the Wi-Fi and Global eSIM Connectivity Business, Launch of WIRELESS GATE SIM / eSIM 1GB plans, Launch of WG KOREA eSIM, Launch of the ワイヤレスゲート光 residential fiber-optic service through collaboration with UNWX, Launch of Jelly Beans Style recovery wear, Launch of an online eSIM site for overseas customers, Entry into advertising operations outsourcing and consulting focused on inbound tourism, Planned launch of products combining used devices with eSIMs and SIM cards, Planned provision of the company's proprietary IT platform services to corporate customers |
Items this document does not state (12)
Selling, general and administrative expensesSegment resultsUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey 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.The reasons cited were the start of FREEDiVE's contribution to revenue and profit, higher revenue at ワイヤレスゲート, and appropriate investment allocation and investment controls while absorbing the increase in costs associated with higher revenue.
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.