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Financial results presentation9450Fibergate Inc.Information and Communications, Services and Others

Notice of the release of the FY2026 3Q earnings presentation video and transcript

The video and full transcript of the earnings briefing for the third quarter of the fiscal year ending June 2026 have been published. The briefing lowered the full-year revenue forecast while leaving the earnings forecasts unchanged. By segment, the Home Use forecast was revised downward, while the Business Use forecast was revised upward.

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Contents of this document

Earnings briefing transcriptThird quarter of the fiscal year ending June 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net SalesAmount not stated+5.0%
Operating profitAmount not stated-3.0%
Ordinary incomeAmount not stated-3.0%
Operating profit margin
Year-on-year change (points)Business Use rose significantly from the previous year to 33.2%. For the company as a whole, third-quarter margins declined due to changes in the customer mix and a higher proportion of new-build projects.
Results for the three months of the current quarterOn a standalone third-quarter basis, consolidated revenue and earnings increased. Business Use posted record quarterly revenue and an operating margin of 33.2%. Quarterly EBITDA exceeded ¥1 billion, with an EBITDA margin of 28%.
Full-year earnings forecast
Net Sales6% increase year on year
Profit3% increase year on year
Ordinary incomeUnchanged from the previous forecast
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。Ordinary income progress rate: 73% (company-wide)
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress is in line with expectations and well within reach of the plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Increase in variable costs, including circuit procurement costs
  • Increase in fixed costs, including personnel expenses
  • Increase in cost of sales accompanying the introduction of an outright equipment sales model
  • Impact of higher revenue
  • Strong performance in Business Use

The company identifies the factors but does not state the amount attributable to each one.

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • AssumptionsFourth-quarter Home Use
    DetailsA decline in revenue and earnings is expected due to the反動 following the strong new-build performance
  • AssumptionsFourth-quarter Business Use
    DetailsA decline in revenue and earnings is expected due to the反動 following subsidies and grants
  • AssumptionsFourth-quarter Renewable Energy
    DetailsAn increase in revenue and earnings is expected from the recognition of construction projects
New initiatives
  • Acquisition of shares in companies related to solar power generation systems and their consolidation as subsidiaries
  • Business alliance with ホームタクト for IoT services
  • Integration of Home Use and Business Use into an area-based sales structure
Key KPIsA metric the company considers important as a management benchmark.
  • New-build ratio67 %
    Year on year against the same period last yearRecord high
  • Number of Residence Wi-Fi service connections73 10,000 units
    Year on year against the same period last yearIncreased
  • Stock revenue growth rate (CAGR)20 %
    Year on year against the same period last yearIncreased consecutively since listing
  • Cross-sell flow revenue1 over ¥100 million
    Year on year against the same period last yearExceeded ¥100 million for 2 consecutive quarters
  • Cross-sell ratio18 %
    Year on year against the same period last yearMaintained at a high level
  • Quarterly EBITDA10 over ¥100 million
    Year on year against the same period last yearIncreased for 2 consecutive quarters
  • EBITDA margin28 %
  • Equity ratio53.2 %
    Year on year against the same period last yearMaintained at a high level
Segment results
  • Home Use
    OtherNew-build ratio of 67%; the number of new-build connections activated was flat, while existing projects remained sluggish
  • Business Use
    SalesRevenue increased by more than 14% year on year
    Year on year against the same period last yearHigher revenue and profits
    OtherOperating margin of 33.2%; on-site infrastructure services exceeded ¥250 million on a quarterly basis
  • Renewable Energy
    OtherAdvancing the acquisition and consolidation of 2 companies related to solar power generation systems
Financial targets
The actual equity ratio of 53.2% is shown, but the financial target is Not disclosed
Contents of this document
ItemDetails
Document typeEarnings briefing transcript
Fiscal Period CoveredThird quarter of the fiscal year ending June 2026
Net Sales非開示 (YoY +5.0%)
Operating profit非開示 (YoY -3.0%)
Ordinary income非開示 (YoY -3.0%)
Operating profit marginRate Not disclosed / Year-on-year change (points) Business Use rose significantly from the previous year to 33.2%. For the company as a whole, third-quarter margins declined due to changes in the customer mix and a higher proportion of new-build projects.
Results for the three months of the current quarterOn a standalone third-quarter basis, consolidated revenue and earnings increased. Business Use posted record quarterly revenue and an operating margin of 33.2%. Quarterly EBITDA exceeded ¥1 billion, with an EBITDA margin of 28%.
Full-year earnings forecastNet Sales 6% increase year on year / Profit 3% increase year on year / Operating profit Not disclosed / Ordinary income Unchanged from the previous forecast / Net income Not disclosed
Progress against full-year forecastOrdinary income progress rate: 73% (company-wide)
Self-assessment against the planProgress is in line with expectations and well within reach of the plan
Segment resultsSegment Home Use / Sales Not disclosed / Profit Not disclosed / Year on year against the same period last year Not disclosed / Other New-build ratio of 67%; the number of new-build connections activated was flat, while existing projects remained sluggish, Segment Business Use / Sales Revenue increased by more than 14% year on year / Profit Not disclosed / Year on year against the same period last year Higher revenue and profits / Other Operating margin of 33.2%; on-site infrastructure services exceeded ¥250 million on a quarterly basis, Segment Renewable Energy / Sales Not disclosed / Profit Not disclosed / Year on year against the same period last year Not disclosed / Other Advancing the acquisition and consolidation of 2 companies related to solar power generation systems
Breakdown of Factors Affecting the ChangeFactors Increase in variable costs, including circuit procurement costs / Amount Not disclosed, Factors Increase in fixed costs, including personnel expenses / Amount Not disclosed, Factors Increase in cost of sales accompanying the introduction of an outright equipment sales model / Amount Not disclosed, Factors Impact of higher revenue / Amount Not disclosed, Factors Strong performance in Business Use / Amount Not disclosed
Key KPIsIndicator name New-build ratio / Value 67 % / Year on year against the same period last year Record high, Indicator name Number of Residence Wi-Fi service connections / Value 73 10,000 units / Year on year against the same period last year Increased, Indicator name Stock revenue growth rate (CAGR) / Value 20 % / Year on year against the same period last year Increased consecutively since listing, Indicator name Cross-sell flow revenue / Value 1 over ¥100 million / Year on year against the same period last year Exceeded ¥100 million for 2 consecutive quarters, Indicator name Cross-sell ratio / Value 18 % / Year on year against the same period last year Maintained at a high level, Indicator name Quarterly EBITDA / Value 10 over ¥100 million / Year on year against the same period last year Increased for 2 consecutive quarters, Indicator name EBITDA margin / Value 28 % / Year on year against the same period last year Not disclosed, Indicator name Equity ratio / Value 53.2 % / Year on year against the same period last year Maintained at a high level
Assumptions Underlying the Business OutlookAssumptions Fourth-quarter Home Use / Details A decline in revenue and earnings is expected due to the反動 following the strong new-build performance, Assumptions Fourth-quarter Business Use / Details A decline in revenue and earnings is expected due to the反動 following subsidies and grants, Assumptions Fourth-quarter Renewable Energy / Details An increase in revenue and earnings is expected from the recognition of construction projects
Financial targetsThe actual equity ratio of 53.2% is shown, but the financial target is Not disclosed
New initiativesAcquisition of shares in companies related to solar power generation systems and their consolidation as subsidiaries, Business alliance with ホームタクト for IoT services, Integration of Home Use and Business Use into an area-based sales structure
Items this document does not state (15)
Net incomeGross Profit MarginSelling, general and administrative expensesUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan 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.

To provide shareholders, investors and others with information in a clearer and more timely manner. The reasons given for changes to the earnings outlook include changes in the Home Use customer mix, strong performance in Business Use, and a review of M&A expenses and head office costs.

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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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice of the release of the FY2026 3Q earnings presentation video and transcript | Fibergate Inc. (9450) timely disclosure | Komori