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Presentation materials on financial results9450Fibergate Inc.Information and Communications, Services and Others

Financial Results Presentation Materials for the Fiscal Year Ending June 2026

Although revenue increased in the fiscal year ended June 2026, both ordinary profit and net income fell short of the previous year and the previous forecast. For the fiscal year ending June 2027, the Company expects a substantial increase in revenue, a slight increase in ordinary profit, and the renewable energy business to turn profitable, while forecasting lower profit in the Business Use business.

Worth reading
86Important
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-132
¥ million (year-on-year change in ordinary profit)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials on financial resultsFull fiscal year ended June 2026 (and full-year outlook for the fiscal year ending June 2027)9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥13,664 million+4.5%
Operating profit¥1,838 million-6.1%
Ordinary income¥1,811 million-6.8%
Net income¥1,082 million-18.0%
Operating profit marginEquivalent to 13.5% for the fiscal year ended June 2026 (¥1,838 million operating profit ÷ ¥13,664 million revenue; the materials do not explicitly state the margin)
Results for the three months of the current quarter
Net Sales
¥3,302 million
Operating profit
¥351 million
Ordinary income
¥345 million
Net income attributable to owners of the parent
¥85 million
Full-year earnings forecast
Net Sales
¥16,500 million
Operating profit
¥1,870 million
Ordinary income
¥1,820 million
Net income attributable to owners of the parent
¥1,140 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
For the fiscal year ended June 2026, revenue and ordinary profit both fell short of the previous forecast
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Impact of higher revenue¥290 million
  • Configuration differences¥30 million
  • Impact of recognizing equipment costs all at once¥-90 million
  • Change in depreciation and amortization expense¥10 million
  • Change in personnel expenses¥-90 million
  • Change in other fixed costs¥-80 million
  • Change in variable-cost unit prices¥-10 million
  • Non-operating income and expenses¥-10 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Year-end connected residential Wi-Fi units800 thousand households
  • Annual pace of growth in connected units6 10,000 units/year
  • Business Use flow revenue¥790 million
New initiatives
  • Accelerate the equipment outright-sales model in Home Use
  • Pursue expansion into in-room, renewable energy and heavy-user services in Home Use
  • Pursue expansion into B2C contracts with residents
  • Secure construction capabilities through M&A in the renewable energy business
Key KPIsA metric the company considers important as a management benchmark.
  • Residence Wi-Fi service connected units739.6 thousand households
    Year on year against the same period last yearIncreased
  • Home Use cross-sell ratio (4Q)17 %
  • Year-on-year change in Home Use flow revenue (4Q)10 %
    Year on year against the same period last yearIncreased
  • Business Use operating margin in 4Q24.5 %
  • Equity ratio53.3 %
    Year on year against the same period last yearHighest level since listing
  • Free cash flow¥980 million
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Connected residential Wi-Fi units739.6 thousand households
  • Quarterly pace of growth in connected units1.3 10,000 units/quarter
  • Ratio of new-build projects among connected units (4Q of the fiscal year ended June 2026)51 %
  • Cross-sell ratio (4Q of the fiscal year ended June 2026)17 %
Segment results
  • Home Use
    Net Sales11,334
    Revenue unit¥ million
    Year-on-year change in revenue4.3
    Operating profit2,560
    Profit unit¥ million
    Year-on-year operating profit growth-2.9
  • Business Use
    Net Sales1,827
    Revenue unit¥ million
    Year-on-year change in revenue8.5
    Operating profit498
    Profit unit¥ million
    Year-on-year operating profit growth52.7
  • Real Estate, Renewable Energy and Other
    Net Sales502
    Revenue unit¥ million
    Year-on-year change in revenue-3.6
    Operating profit-123
    Profit unit¥ million
    Year-on-year operating profit growthSwung to a loss
Annual Dividend
Fiscal year ending June 2026¥27 per share
Outlook for the fiscal year ending June 2027¥27 per share
Interim and Year-End Breakdown
Interim13.5
End of period13.5
Payout ratio
Fiscal year ending June 202650.2 %
Outlook for the fiscal year ending June 202747.7 %
Previous basic policy33 %
Contents of this document
ItemDetails
Document typePresentation materials on financial results
Fiscal Period CoveredFull fiscal year ended June 2026 (and full-year outlook for the fiscal year ending June 2027)
Net Sales¥13,664 million (YoY +4.5%)
Operating profit¥1,838 million (YoY -6.1%)
Ordinary income¥1,811 million (YoY -6.8%)
Net income¥1,082 million (YoY -18.0%)
Operating profit marginEquivalent to 13.5% for the fiscal year ended June 2026 (¥1,838 million operating profit ÷ ¥13,664 million revenue; the materials do not explicitly state the margin)
Results for the three months of the current quarterNet Sales ¥3,302 million / Operating profit ¥351 million / Ordinary income ¥345 million / Net income attributable to owners of the parent ¥85 million
Full-year earnings forecastNet Sales ¥16,500 million / Operating profit ¥1,870 million / Ordinary income ¥1,820 million / Net income attributable to owners of the parent ¥1,140 million
Self-assessment against the planFor the fiscal year ended June 2026, revenue and ordinary profit both fell short of the previous forecast
Segment resultsSegment Home Use / Net Sales 11,334 / Revenue unit ¥ million / Year-on-year change in revenue 4.3 / Operating profit 2,560 / Profit unit ¥ million / Year-on-year operating profit growth -2.9, Segment Business Use / Net Sales 1,827 / Revenue unit ¥ million / Year-on-year change in revenue 8.5 / Operating profit 498 / Profit unit ¥ million / Year-on-year operating profit growth 52.7, Segment Real Estate, Renewable Energy and Other / Net Sales 502 / Revenue unit ¥ million / Year-on-year change in revenue -3.6 / Operating profit -123 / Profit unit ¥ million / Year-on-year operating profit growth Swung to a loss
Breakdown of Factors Affecting the ChangeFactors Impact of higher revenue / Amount ¥290 million, Factors Configuration differences / Amount ¥30 million, Factors Impact of recognizing equipment costs all at once / Amount ¥-90 million, Factors Change in depreciation and amortization expense / Amount ¥10 million, Factors Change in personnel expenses / Amount ¥-90 million, Factors Change in other fixed costs / Amount ¥-80 million, Factors Change in variable-cost unit prices / Amount ¥-10 million, Factors Non-operating income and expenses / Amount ¥-10 million
Key KPIsIndicator name Residence Wi-Fi service connected units / Value 739.6 thousand households / Year on year against the same period last year Increased, Indicator name Home Use cross-sell ratio (4Q) / Value 17 % / Year on year against the same period last year Not disclosed, Indicator name Year-on-year change in Home Use flow revenue (4Q) / Value 10 % / Year on year against the same period last year Increased, Indicator name Business Use operating margin in 4Q / Value 24.5 % / Year on year against the same period last year Not disclosed, Indicator name Equity ratio / Value 53.3 % / Year on year against the same period last year Highest level since listing, Indicator name Free cash flow / Value ¥980 million / Year on year against the same period last year Not disclosed
Unit price and quantity metricsIndicator name Connected residential Wi-Fi units / Value 739.6 thousand households, Indicator name Quarterly pace of growth in connected units / Value 1.3 10,000 units/quarter, Indicator name Ratio of new-build projects among connected units (4Q of the fiscal year ended June 2026) / Value 51 %, Indicator name Cross-sell ratio (4Q of the fiscal year ended June 2026) / Value 17 %
Assumptions Underlying the Business OutlookItem Year-end connected residential Wi-Fi units / Value 800 thousand households, Item Annual pace of growth in connected units / Value 6 10,000 units/year, Item Business Use flow revenue / Value ¥790 million
Annual DividendFiscal year ending June 2026 ¥27 per share / Outlook for the fiscal year ending June 2027 ¥27 per share / Interim and Year-End Breakdown Interim 13.5 / End of period 13.5
Payout ratioFiscal year ending June 2026 50.2 % / Outlook for the fiscal year ending June 2027 47.7 % / Previous basic policy 33 %
New initiativesAccelerate the equipment outright-sales model in Home Use, Pursue expansion into in-room, renewable energy and heavy-user services in Home Use, Pursue expansion into B2C contracts with residents, Secure construction capabilities through M&A in the renewable energy business
Items this document does not state (13)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition 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.

In the fiscal year ended June 2026, profit was pressured by the cost burden from expanding the equipment outright-sales model, higher unit variable costs including circuit procurement expenses, increased fixed costs including personnel expenses, shortfalls in project revenue related to renewable energy, and the impact of acquiring a construction company. For the fiscal year ending June 2027, the Company expects the revenue growth effects from Home Use stock, new-build and cross-sell projects, as well as renewable energy, to offset a lull in Business Use projects and higher fixed costs.

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Financial Results Presentation Materials for the Fiscal Year Ending June 2026 | Fibergate Inc. (9450) timely disclosure | Komori