Worth reading
65In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
500
¥ millionWording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter of FY2026 ending September (first half)8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥15,666 million+5.2%
Operating profit¥1,679 million+2.4%
Ordinary income¥2,063 million+19.9%
Net income¥1,863 million+6.1%
Gross Profit Margin73.1%
Operating profit margin10.7%
Selling, general and administrative expenses¥9,780 million
Results for the three months of the current quarterStandalone second-quarter FY2026 results by segment were as follows: the Content business recorded revenue of ¥4,062 million and operating profit of ¥1,056 million; the healthcare business recorded revenue of ¥2,077 million and an operating loss of ¥101 million; the School DX business recorded revenue of ¥571 million and operating profit of ¥194 million; and Other businesses recorded revenue of ¥1,621 million and operating profit of ¥351 million.
Full-year earnings forecast
Net Sales
¥31,500 million
Operating profit
3,100～3,500
Ordinary income
3,400～3,800
Profit attributable to owners of the parent
2,560～2,840
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Exceeded plan across all itemsBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in revenue (difference between first-half actual results and initial forecast)¥666 million
- Increase in operating profit (difference between first-half actual results and initial forecast)+79～+279
- Increase in ordinary profit (difference between first-half actual results and initial forecast)+413～+613
- Increase in interim net income attributable to owners of the parent (difference between first-half actual results and initial forecast)+943～+1,083
- Increase in Equity-Method Investment Income¥310 million
New initiatives
- Adding an AI-powered automatic summarization function to the cloud medication-history system
- Expanding the store network adopting the cloud medication-history system, Corte, cloud picking, and other services through Pharmacy DX
- Entering into a cooperation agreement with Miyagi Prefecture to provide Luna Luna Mirai Support, a women's health information service, free of charge across the prefecture
- Winning orders for School DX deployments in Shimane Prefecture, Fukushima Prefecture, and Tagajo, Miyagi Prefecture, from April 2027 onward
Key KPIsA metric the company considers important as a management benchmark.
- Monthly paying subscribers to the Content and healthcare businesses318 10,000 peopleYear on year against the same period last yearDown 50,000 from the immediately preceding quarter
- Paying subscribers to security-related applications128 10,000 people
- Stores using the cloud medication-history system (cumulative)4,458 stores
- Schools using the fully cloud-based school administration support system1,367 schools
- Municipalities using Childcare DX services (cumulative)343 Local government
- Municipalities using the maternal and child health handbook app843 Local government
- Private-school share50 %
- Municipal share48 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
School DX revenue is explained by average student numbers × monthly fee per student (unit price: ¥300) × number of schools using the service. The maternal and child health handbook app generates monthly fees of ¥50,000–¥100,000, while Childcare DX services generate initial implementation revenue of several million yen and monthly fees of several hundred thousand yen.Segment results
- Content businessFY2025 first-half revenue8,398FY2025 first-half operating profit2,240FY2026 first-half revenue8,650FY2026 first-half operating profit1,978
- Healthcare BusinessFY2025 first-half revenue3,155FY2025 first-half operating profit-253FY2026 first-half revenue3,927FY2026 first-half operating profit86
- School DX businessFY2025 first-half revenue904FY2025 first-half operating profit272FY2026 first-half revenue1,148FY2026 first-half operating profit410
- Other BusinessesFY2025 first-half revenue2,898FY2025 first-half operating profit628FY2026 first-half revenue3,051FY2026 first-half operating profit656
Market Size / Share
Private-school share: 50.0%; municipal share: 48%. The company has a track record of transactions with more than 13,000 stores nationwide.Number of stores and locations
4,458 stores cumulatively using the cloud medication-history system. The number of store openings and closures during the period was Not disclosed.| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of FY2026 ending September (first half) |
| Net Sales | ¥15,666 million (YoY +5.2%) |
| Operating profit | ¥1,679 million (YoY +2.4%) |
| Ordinary income | ¥2,063 million (YoY +19.9%) |
| Net income | ¥1,863 million (YoY +6.1%) |
| Gross Profit Margin | 73.1% |
| Operating profit margin | 10.7% |
| Selling, general and administrative expenses | ¥9,780 million |
| Results for the three months of the current quarter | Standalone second-quarter FY2026 results by segment were as follows: the Content business recorded revenue of ¥4,062 million and operating profit of ¥1,056 million; the healthcare business recorded revenue of ¥2,077 million and an operating loss of ¥101 million; the School DX business recorded revenue of ¥571 million and operating profit of ¥194 million; and Other businesses recorded revenue of ¥1,621 million and operating profit of ¥351 million. |
| Full-year earnings forecast | Net Sales ¥31,500 million / Operating profit 3,100～3,500 / Ordinary income 3,400～3,800 / Profit attributable to owners of the parent 2,560～2,840 |
| Self-assessment against the plan | Exceeded plan across all items |
| Segment results | Segment Content business / FY2025 first-half revenue ¥8,398 million / FY2025 first-half operating profit ¥2,240 million / FY2026 first-half revenue ¥8,650 million / FY2026 first-half operating profit ¥1,978 million, Segment Healthcare Business / FY2025 first-half revenue ¥3,155 million / FY2025 first-half operating profit ¥-253 million / FY2026 first-half revenue ¥3,927 million / FY2026 first-half operating profit ¥86 million, Segment School DX business / FY2025 first-half revenue ¥904 million / FY2025 first-half operating profit ¥272 million / FY2026 first-half revenue ¥1,148 million / FY2026 first-half operating profit ¥410 million, Segment Other Businesses / FY2025 first-half revenue ¥2,898 million / FY2025 first-half operating profit ¥628 million / FY2026 first-half revenue ¥3,051 million / FY2026 first-half operating profit ¥656 million |
| Breakdown of Factors Affecting the Change | Factors Increase in revenue (difference between first-half actual results and initial forecast) / Amount ¥666 million, Factors Increase in operating profit (difference between first-half actual results and initial forecast) / Amount +79～+279, Factors Increase in ordinary profit (difference between first-half actual results and initial forecast) / Amount +413～+613, Factors Increase in interim net income attributable to owners of the parent (difference between first-half actual results and initial forecast) / Amount +943～+1,083, Factors Increase in Equity-Method Investment Income / Amount ¥310 million |
| Key KPIs | Indicator name Monthly paying subscribers to the Content and healthcare businesses / Value 318 10,000 people / Year on year against the same period last year Down 50,000 from the immediately preceding quarter, Indicator name Paying subscribers to security-related applications / Value 128 10,000 people / Year on year against the same period last year Not disclosed, Indicator name Stores using the cloud medication-history system (cumulative) / Value 4,458 stores / Year on year against the same period last year Not disclosed, Indicator name Schools using the fully cloud-based school administration support system / Value 1,367 schools / Year on year against the same period last year Not disclosed, Indicator name Municipalities using Childcare DX services (cumulative) / Value 343 Local government / Year on year against the same period last year Not disclosed, Indicator name Municipalities using the maternal and child health handbook app / Value 843 Local government / Year on year against the same period last year Not disclosed, Indicator name Private-school share / Value 50 % / Year on year against the same period last year Not disclosed, Indicator name Municipal share / Value 48 % / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | School DX revenue is explained by average student numbers × monthly fee per student (unit price: ¥300) × number of schools using the service. The maternal and child health handbook app generates monthly fees of ¥50,000–¥100,000, while Childcare DX services generate initial implementation revenue of several million yen and monthly fees of several hundred thousand yen. |
| Number of stores and locations | 4,458 stores cumulatively using the cloud medication-history system. The number of store openings and closures during the period was Not disclosed. |
| Market Size / Share | Private-school share: 50.0%; municipal share: 48%. The company has a track record of transactions with more than 13,000 stores nationwide. |
| New initiatives | Adding an AI-powered automatic summarization function to the cloud medication-history system, Expanding the store network adopting the cloud medication-history system, Corte, cloud picking, and other services through Pharmacy DX, Entering into a cooperation agreement with Miyagi Prefecture to provide Luna Luna Mirai Support, a women's health information service, free of charge across the prefecture, Winning orders for School DX deployments in Shimane Prefecture, Fukushima Prefecture, and Tagajo, Miyagi Prefecture, from April 2027 onward |
Items this document does not state (12)
Progress against full-year forecastNumber 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 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.Revenue benefited from growth in the healthcare and School DX businesses, while operating profit benefited from an increase in equity-method investment income. The full-year operating profit forecast was unchanged due to upfront investment in the healthcare business. In the Content business, factors identified included the exclusion of Video Market from the scope of consolidation and lower sales of original comics. In the healthcare business, the company cited system development costs for Pharmacy DX and Childcare DX, as well as the cost burden of Luna Luna Mirai Support.
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.