Worth reading
39Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
1747
¥ million (year-on-year increase in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsSecond quarter of the fiscal year ending October 20264 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥4,721 million+58.8%
Operating profit¥-132 million
Ordinary income¥-155 million
Net income¥-156 million
Selling, general and administrative expenses¥303 million
Full-year earnings forecast
Net Sales
¥8,000 million
Operating profit
¥-105 million
Ordinary income
¥-145 million
Net income for the current fiscal year
¥-150 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Increase in sales
¥1,747 million
Impact of inventory rationalization on profit
¥100 million first half
Full-year impact of inventory rationalization
¥125 million
Expected impact in the second half
¥25 million
New initiatives
- Change in the Representative Director, President and CEO and renewal of the management structure
- Acquire and cancel the existing warrants and restructure the financing into a framework of approximately ¥2.3 billion through convertible bonds and stock acquisition rights
- Enter the repair, recycling and IT solutions businesses through M&A and capital and business alliances
- Expand into the GPU server and AI infrastructure sectors
- Enter into MOUs with Super Micro Computer and KAYTUS JAPAN
- Establish a joint venture to develop and operate AI-focused data centers with 6 companies, including AI Data Partners
Key KPIsA metric the company considers important as a management benchmark.
- Number of meetings conducted9 Engagements
- Number of companies under internal review11 companies
- Approaches19 Engagements
- Sourcing107 Engagements
Number of employees
50 people including part-time employees and others
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Second quarter of the fiscal year ending October 2026 |
| Net Sales | ¥4,721 million (YoY +58.8%) |
| Operating profit | ¥-132 million |
| Ordinary income | ¥-155 million |
| Net income | ¥-156 million |
| Selling, general and administrative expenses | ¥303 million |
| Full-year earnings forecast | Net Sales ¥8,000 million / Operating profit ¥-105 million / Ordinary income ¥-145 million / Net income for the current fiscal year ¥-150 million |
| Breakdown of Factors Affecting the Change | Increase in sales ¥1,747 million / Impact of inventory rationalization on profit ¥100 million (first half) / Full-year impact of inventory rationalization ¥125 million / Expected impact in the second half ¥25 million |
| Key KPIs | Number of meetings conducted 9 Engagements, Number of companies under internal review 11 companies, Approaches 19 Engagements, Sourcing 107 Engagements |
| Number of employees | 50 people (including part-time employees and others) |
| New initiatives | Change in the Representative Director, President and CEO and renewal of the management structure, Acquire and cancel the existing warrants and restructure the financing into a framework of approximately ¥2.3 billion through convertible bonds and stock acquisition rights, Enter the repair, recycling and IT solutions businesses through M&A and capital and business alliances, Expand into the GPU server and AI infrastructure sectors, Enter into MOUs with Super Micro Computer and KAYTUS JAPAN, Establish a joint venture to develop and operate AI-focused data centers with 6 companies, including AI Data Partners |
Items this document does not state (19)
Gross Profit MarginOperating profit marginResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planSegment resultsUnit price and quantity metricsNumber of stores and locationsAssumptions 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 / ShareKey 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 increase in net sales was driven by continued expansion of business with major customers, the expansion of domestic and overseas sourcing channels, and increased transaction volumes. The loss resulting from inventory rationalization arose because long-stagnant, low-profitability inventory was reviewed and disposed of, with some items sold below their carrying value.
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.