Policy to achieve net income profitability while continuing upfront investment
First written in FY2022. 5 of 14 entries say "Worsened", first in 2026-05-15. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「As a result, the company recorded net income for the fiscal year ended June 2025. In the current fiscal year, ending June 2026, the number of members declined because new member acquisition fell below expectations and for other reasons, resulting in an operating loss of ¥234.470 million and a net loss of ¥246.717 million. However, retention among existing members has remained high and stable, and we believe that the fundamental value of our service has not changed. We will continue to expand the service's target users through "airCloset Men's" and self-selection. At the same time, we will implement structural marketing reforms, including a review of our member acquisition channels, which have been overly dependent on social media advertising, and bringing advertising operations in-house. Through these measures, we aim to improve cost efficiency and return to operating profitability in the next fiscal year.」
The company swung from company-wide profitability achieved in the fiscal year ended June 2025 to an operating loss and net loss in the fiscal year ending June 2026. It has newly set a target of returning to operating profitability in the next fiscal year. - FY2025AchievedAnnual report
「In the fiscal year ending June 2025, the company continued to improve profitability and, following the airCloset business's return to operating profitability in the previous fiscal year, achieved company-wide net income profitability for the first time.」
Regarding the policy of pursuing profitability while continuing upfront investment, the company states that, following the airCloset business's return to operating profitability, it achieved company-wide net income profitability in the fiscal year ending June 2025. - FY2025-H1AdvancedAnnual report
「As a result, for the interim accounting period, revenue was ¥2,424.155 million, up 20.6% year on year; EBITDA (operating profit + amortization of rental assets + depreciation + cost reclassification associated with the sale of rental assets and other items) was ¥527.980 million, up 32.1%; operating profit was ¥124.279 million, up 298.0%; ordinary profit was ¥114.944 million, up 394.2%; and interim net profit was ¥114.659 million, up 398.7%.」
The company progressed from the previous disclosure of losses for the cumulative third quarter, with operating profit, ordinary profit and interim net profit all positive for the interim accounting period. As this does not state that the full-year target was achieved, it is treated as progress toward profitability. - FY2024-Q3Continued reduction in cumulative lossesAnnual report
「As a result, for the cumulative third quarter, revenue was ¥3,023.216 million, up 11.6% year on year; EBITDA (operating profit + amortization of rental assets + depreciation) was ¥388.651 million, up 186.2%; operating loss was ¥30.074 million, compared with an operating loss of ¥143.764 million in the same quarter of the previous year; ordinary loss was ¥42.715 million, compared with an ordinary loss of ¥183.338 million; and quarterly net loss was ¥43.115 million, compared with a quarterly net loss of ¥232.642 million.」
Operating loss, ordinary loss and quarterly net loss all narrowed from the same period of the previous year, but the company remained loss-making for the cumulative third quarter and did not state that its profitability target had been achieved. - FY2024-Q2AdvancedAnnual report
「As a result, for the cumulative second quarter, revenue was ¥2,009.401 million, up 11.9% year on year; EBITDA (operating profit + amortization of rental assets + depreciation) was ¥298.683 million, up 221.6%; operating profit was ¥31.222 million, compared with an operating loss of ¥74.835 million in the same quarter of the previous year; ordinary profit was ¥23.259 million, compared with an ordinary loss of ¥108.135 million; and quarterly net profit was ¥22.993 million, compared with a quarterly net loss of ¥156.865 million.」
Following the first quarter, operating profit, ordinary profit and quarterly net profit were all positive for the cumulative second quarter, indicating progress toward profitability. - FY2024-Q1AdvancedAnnual report
「As a result, for the cumulative first quarter, revenue was ¥950.336 million, up 12.1% year on year; EBITDA (operating profit + amortization of rental assets + depreciation) was ¥132.259 million, up 202.5%; operating profit was ¥7.795 million, compared with an operating loss of ¥29.805 million in the same quarter of the previous year; ordinary profit was ¥3.778 million, compared with an ordinary loss of ¥57.811 million; and quarterly net profit was ¥3.645 million, compared with a quarterly net loss of ¥105.969 million.」
Operating profit, ordinary profit and quarterly net profit all turned positive in the cumulative first quarter. This represents concrete progress toward the goal of turning operating profit positive set out in the previous fiscal year, but does not state that the full-year target has been achieved. - FY2023ReframedAnnual report
「We intend to continue making upfront investments in the development of new businesses using the platform and related areas. At the same time, we will focus on improving customer acquisition efficiency, aim to turn the airCloset business's operating profit positive, and concentrate on activities aimed at medium- to long-term growth.」
The emphasis has shifted from the previous statement of pursuing net income profitability while continuing upfront investment to aiming to turn the airCloset business's operating profit positive, premised on improved customer acquisition efficiency. - FY2022First statedAnnual report
「We intend to continue making upfront investments on the premise that we will achieve net income profitability through continued revenue growth.」
The company states that it will continue upfront investments in advertising and promotion, rental assets and human resources while pursuing profitability through revenue growth.