Worth reading
29Immaterial
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
95.7
Year-on-year change in operating income (%)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Summary of Q&ASecond quarter of the fiscal year ending December 20265 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net SalesAmount not stated+34.2%
Operating profitAmount not stated+95.7%
Operating profit margin3.2 %
What the company explained in this material
Key points of the Q&AKey questions raised by investors at the briefing and the company's answers
- Drivers of revenue and profit growth in the second quarter and improvement in the operating margin: The company explained the effects of growth in existing businesses, the consolidation of FREEDiVE, and the reversal of upfront investment.
- Initiatives to expand the number of WiMAX subscriptions: The company aims to increase subscriptions and average customer spend by using online sales channels, including e-commerce, in addition to offline sales.
- Store strategy: At Yodobashi Camera, the company is expanding the range of products it handles beyond telecommunications services, including recovery wear and mice.
- PMI with FREEDiVE: The company is considering the mutual use of sales channels, cross-selling, procurement efficiencies, and the division of roles and allocation of management resources.
- Growth drivers under the 10-year vision: The company cited its existing businesses, eSIM, overseas expansion, synergies with FREEDiVE, and M&A as needed.
New initiatives
- Use of online sales channels, including e-commerce
- Bundling with ancillary services such as smartphone insurance, PC insurance, and security services
- Expansion of products beyond telecommunications, including recovery wear and mice
- Cross-selling, procurement efficiencies, and mutual use of sales channels with FREEDiVE
- Developing eSIM into a new core business
- Global expansion through overseas eSIM services and worldwide Wi-Fi hotspots
Key KPIsA metric the company considers important as a management benchmark.
- Number of WiMAX subscriptionsFlat
Medium-term management plan targets
- TargetRevenue of ¥20 billionTarget fiscal year2,033
- TargetOperating profit of ¥2 billionTarget fiscal year2,033
- TargetROE of 15% or higherTarget fiscal year2,033
- TargetMarket capitalization of ¥30 billionTarget fiscal year2,033
- TargetA customer base of more than 1 million in Japan and overseas combinedTarget fiscal year2,033
Financial targets
ROE15% or higher (2033 target)
| Item | Details |
|---|---|
| Document type | Summary of Q&A |
| Fiscal Period Covered | Second quarter of the fiscal year ending December 2026 |
| Net Sales | 非開示 (YoY +34.2%) |
| Operating profit | 非開示 (YoY +95.7%) |
| Operating profit margin | 3.2 % |
| Key KPIs | Indicator name Number of WiMAX subscriptions / Value Flat / Year on year against the same period last year Not disclosed |
| Medium-term management plan targets | Target Revenue of ¥20 billion / Target fiscal year 2,033, Target Operating profit of ¥2 billion / Target fiscal year 2,033, Target ROE of 15% or higher / Target fiscal year 2,033, Target Market capitalization of ¥30 billion / Target fiscal year 2,033, Target A customer base of more than 1 million in Japan and overseas combined / Target fiscal year 2,033 |
| Financial targets | ROE 15% or higher (2033 target) / Other Not disclosed |
| Key points of the Q&A | Drivers of revenue and profit growth in the second quarter and improvement in the operating margin: The company explained the effects of growth in existing businesses, the consolidation of FREEDiVE, and the reversal of upfront investment., Initiatives to expand the number of WiMAX subscriptions: The company aims to increase subscriptions and average customer spend by using online sales channels, including e-commerce, in addition to offline sales., Store strategy: At Yodobashi Camera, the company is expanding the range of products it handles beyond telecommunications services, including recovery wear and mice., PMI with FREEDiVE: The company is considering the mutual use of sales channels, cross-selling, procurement efficiencies, and the division of roles and allocation of management resources., Growth drivers under the 10-year vision: The company cited its existing businesses, eSIM, overseas expansion, synergies with FREEDiVE, and M&A as needed. |
| New initiatives | Use of online sales channels, including e-commerce, Bundling with ancillary services such as smartphone insurance, PC insurance, and security services, Expansion of products beyond telecommunications, including recovery wear and mice, Cross-selling, procurement efficiencies, and mutual use of sales channels with FREEDiVE, Developing eSIM into a new core business, Global expansion through overseas eSIM services and worldwide Wi-Fi hotspots |
Items this document does not state (21)
Ordinary incomeNet incomeGross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / Share
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.On the revenue side, stable sales growth at WirelessGate and the consolidation of FREEDiVE, which became a subsidiary in the previous fiscal year, contributed to higher revenue. On the profit side, the company absorbed the effects of expanded sales channels and higher costs at its subsidiaries, while the reversal of upfront investment in digital marketing made in the previous fiscal year contributed to improved margins.
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.