Worth reading
44Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
13.2
Year-on-year decline in gross profit margin, in percentage pointsWording
Conditional
How definitive the wording is.Contents of this document
Summary of Q&AQ3 FY20265 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net SalesAmount not stated+32.7%
Operating profitAmount not stated+18.5%
Gross Profit MarginAmount not stated
Results for the three months of the current quarterThe third-quarter accounting period posted an operating loss, but the amount was Not disclosed
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 Sales73.7
Operating profit39.5
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue progressed as planned, while operating profit was slightly below the initial assumptionKey points of the Q&AKey questions raised by investors at the briefing and the company's answers
- Assessment of the third-quarter results: Revenue progressed well, while operating profit was slightly below the initial assumption, with progress at 39.5% of the full-year forecast
- Reasons for the decline in the gross profit margin: expansion of sales channels, a divergence between the supply-and-demand outlook and actual results, and temporary costs associated with consolidating suppliers
- Impact of the WiMAX price revision: The number of contracts temporarily declined, but the cancellation rate has recently improved
- Synergies with FREEDiVE: Joint operation of e-commerce activities, with the aim of expanding sales channels, acquiring new customers and improving operating efficiency
- Low progress in profit against the full-year forecast: Higher cost of sales and temporary line cancellation costs were the factors
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Higher cost of sales associated with expanding sales channels, higher costs at FREEDiVE, a divergence between the supply-and-demand outlook and actual results, and switching and line cancellation costs associated with consolidating suppliers. Amount: Not disclosed
New initiatives
- Revision of the monthly fee for the WiMAX service
- The service “RakuRaku 売り切れごめん！Wi-Fi” was rebranded as “売り切れごめん WiFi,” with sales and service provision resuming on 2 November 2026
- Operational coordination with FREEDiVE for customer acquisition, application processing, device shipment, customer support, and billing and collection
- Review of the supply-and-demand and ordering management structures, and improved procurement efficiency through supplier consolidation
Unit price and quantity metricsThese figures show sales broken down by price and volume.
The number of contracts temporarily declined following the price revision, while the cancellation rate has recently improved. Figures: Not disclosed| Item | Details |
|---|---|
| Document type | Summary of Q&A |
| Fiscal Period Covered | Q3 FY2026 |
| Net Sales | 非開示 (YoY +32.7%) |
| Operating profit | 非開示 (YoY +18.5%) |
| Gross Profit Margin | 非開示 |
| Results for the three months of the current quarter | The third-quarter accounting period posted an operating loss, but the amount was Not disclosed |
| Progress against full-year forecast | Net Sales 73.7 / Operating profit 39.5 |
| Self-assessment against the plan | Revenue progressed as planned, while operating profit was slightly below the initial assumption |
| Breakdown of Factors Affecting the Change | Higher cost of sales associated with expanding sales channels, higher costs at FREEDiVE, a divergence between the supply-and-demand outlook and actual results, and switching and line cancellation costs associated with consolidating suppliers. Amount: Not disclosed |
| Unit price and quantity metrics | The number of contracts temporarily declined following the price revision, while the cancellation rate has recently improved. Figures: Not disclosed |
| Key points of the Q&A | Assessment of the third-quarter results: Revenue progressed well, while operating profit was slightly below the initial assumption, with progress at 39.5% of the full-year forecast, Reasons for the decline in the gross profit margin: expansion of sales channels, a divergence between the supply-and-demand outlook and actual results, and temporary costs associated with consolidating suppliers, Impact of the WiMAX price revision: The number of contracts temporarily declined, but the cancellation rate has recently improved, Synergies with FREEDiVE: Joint operation of e-commerce activities, with the aim of expanding sales channels, acquiring new customers and improving operating efficiency, Low progress in profit against the full-year forecast: Higher cost of sales and temporary line cancellation costs were the factors |
| New initiatives | Revision of the monthly fee for the WiMAX service, The service “RakuRaku 売り切れごめん！Wi-Fi” was rebranded as “売り切れごめん WiFi,” with sales and service provision resuming on 2 November 2026, Operational coordination with FREEDiVE for customer acquisition, application processing, device shipment, customer support, and billing and collection, Review of the supply-and-demand and ordering management structures, and improved procurement efficiency through supplier consolidation |
Items this document does not state (19)
Ordinary incomeNet incomeOperating profit marginSelling, general and administrative expensesFull-year earnings forecastSegment resultsKey KPIsNumber 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 / 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.The company explains that the factors behind the decline in the profit margin were higher cost of sales associated with expanding sales channels, higher costs at consolidated subsidiary FREEDiVE, a divergence between the supply-and-demand outlook for products and actual results, and temporary switching and line cancellation costs associated with consolidating suppliers. From the fourth quarter onward, these costs are expected to be phased out, while the profit margin is expected to improve as supplier consolidation enhances procurement efficiency.
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.