Worth reading
69In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
34.4
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 October 2025–31 March 2026ConsolidatedIFRSNet Sales10,296Millions of yenYear on year +34.4%Progress 46.2%
Operating profit3,023Millions of yenYear on year +26.6%Progress 52.3%
Ordinary income2,996Millions of yenYear on year +25.4%Progress 52.8%
Net income attributable to owners of the parent1,905Millions of yenYear on year +27.9%Progress 55.9%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥35.25
Financial position at period-end
Total assets16,552Millions of yen
of which net assets 6,764 Millions of yenEquity ratio 40.9%vs. prior year-end -21.9pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+3,399,888
Investment-5,436,459
Financials+5,621,372
Net change+3,584,801
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥7,712,697 thousand
Segment revenueM&A Brokerage ¥8,523,736 thousand (YoY +20.1%), Consulting ¥1,658,033 thousand (YoY +194.2%), Operating Leases ¥114,741 thousand
Segment profitM&A Brokerage ¥3,348,702 thousand (YoY +29.0%), Consulting ¥-247,773 thousand, Operating Leases ¥-51,139 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales22,292 Millions of yen (YoY +34.3%)
Operating profit5,778 Millions of yen (YoY +20.9%)
Ordinary income5,675 Millions of yen (YoY +18.9%)
Net income3,405 Millions of yen (YoY +23.9%)
Annual Dividend Forecast¥5 per share → ¥0 per share（-100.0%）
Factors Behind Changes in Business Performance
Progress in M&A brokerage engagements and 110 completed transactions; strong client demand in the consulting business and an increase in the number of consultants to 199; and the generation of lease revenue following the launch of the aircraft leasing business.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 Not disclosed
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsAt a meeting of the Board of Directors held on 15 May 2026, the Company resolved to repurchase up to 4,300,000 shares of its own stock, with a maximum total acquisition cost of ¥3.8 billion. The repurchase period is from 18 May 2026 to 17 May 2027.
Depreciation and amortization¥360,114 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End54,101,335 shares
Treasury Shares at Period-End39,525 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 October 2025–31 March 2026 |
| Net Sales | 10,296 Millions of yen (YoY +34.4%) |
| Operating profit | 3,023 Millions of yen (YoY +26.6%) |
| Ordinary income | 2,996 Millions of yen (YoY +25.4%) |
| Profit attributable to owners of the parent | 1,905 Millions of yen (YoY +27.9%) |
| Net income per share | ¥35.25 |
| Equity ratio | End of the current fiscal period 40.9 / End of previous period 62.8 |
| Total assets | 16,552 Millions of yen |
| Net assets | 6,764 Millions of yen |
| Cash flows from operating activities | ¥3,399,888 thousand |
| Cash flows from investing activities | ¥-5,436,459 thousand |
| Cash flows from financing activities | ¥5,621,372 thousand |
| Cash and cash equivalents at end of period | ¥7,712,697 thousand |
| Full-year earnings forecast | Net Sales 22,292 Millions of yen (YoY +34.3%) / Operating profit 5,778 Millions of yen (YoY +20.9%) / Ordinary income 5,675 Millions of yen (YoY +18.9%) / Net income 3,405 Millions of yen (YoY +23.9%) |
| Annual Dividend Forecast | ¥5 per share → ¥0 per share（-100.0%） |
| Segment revenue | M&A Brokerage ¥8,523,736 thousand (YoY +20.1%), Consulting ¥1,658,033 thousand (YoY +194.2%), Operating Leases ¥114,741 thousand |
| Segment profit | M&A Brokerage ¥3,348,702 thousand (YoY +29.0%), Consulting ¥-247,773 thousand, Operating Leases ¥-51,139 thousand |
| Depreciation and amortization | ¥360,114 thousand |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | At a meeting of the Board of Directors held on 15 May 2026, the Company resolved to repurchase up to 4,300,000 shares of its own stock, with a maximum total acquisition cost of ¥3.8 billion. The repurchase period is from 18 May 2026 to 17 May 2027. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 54,101,335 shares |
| Treasury Shares at Period-End | 39,525 shares |
| Factors Behind Changes in Business Performance | Progress in M&A brokerage engagements and 110 completed transactions; strong client demand in the consulting business and an increase in the number of consultants to 199; and the generation of lease revenue following the launch of the aircraft leasing business. |
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)
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 number of completed transactions reached 110 as M&A brokerage engagements progressed; the number of consultants increased to 199 amid strong client demand in the consulting business; and lease revenue was generated following the launch of the aircraft leasing business.
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.