Worth reading
83Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-120
Millions of yen (year-on-year change in ordinary profit)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter of the fiscal year ending November 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥6,469 million+11.3%
Operating profit¥222 million-35.6%
Ordinary income¥292 million-29.1%
Net income¥193 million-28.8%
Gross Profit Margin20.9%
Operating profit margin3.4%
Selling, general and administrative expenses¥1,128 million
Results for the three months of the current quarter
Utilization rate92.1%
Revenue per engineer¥608 thousand/month
Full-year earnings forecast
Net Sales
¥13,150 million
Gross profit
¥3,190 million
Operating profit
¥1,035 million
Ordinary income
¥1,120 million
Net income
¥785 million
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。
Net Sales49.2%
Gross profit42.4%
Operating profit21.4%
Ordinary income26.1%
Net income24.6%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Execution is in line with plan (large-scale projects)Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in revenue¥165 million
- Increase in cost of sales-¥269 million
- Decrease in recruitment-related expenses¥21 million
- Increase in personnel expenses-¥43 million
- Decrease in other SG&A expenses¥2 million
- Increase in non-operating income¥4 million
New initiatives
- Launch of the SES business transferred from コプロテクノロジー
- Launch of the Prime Freelance job-placement service for freelancers
- Promotion of the business partnership with アルトナー
- Share repurchases
Key KPIsA metric the company considers important as a management benchmark.
- Number of engineers (end of 2Q)2,002 peopleYear on year against the same period last yearNew record high
- Utilization rate (2Q standalone)92.1 %Year on year against the same period last yearDown from 93.0% in 2Q of the same period of the previous year
- Revenue per engineer (2Q standalone)¥608 thousand/monthYear on year against the same period last yearUp from ¥593 thousand/month in 2Q of the same period of the previous year
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Number of engineers2,002 people (end of 2Q)
Utilization rate92.1% (2Q standalone)
Revenue per engineer¥608 thousand/month (2Q standalone)
Number of employees
Number of engineers2,002 people (end of 2Q)
Engineers on staff1,898 people
Number of business partners104 people
Annual Dividend
FY2026/11 forecast¥101
Interim Dividend¥50
Year-end dividend¥51
Payout ratio
51.0% (forecast for the fiscal year ending November 2026); policy is 50%Acquisition of treasury shares
Maximum number of shares to be acquired120,000 shares
Total acquisition cost¥200,000 thousand
Acquisition period7 July 2026–30 November 2026
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending November 2026 |
| Net Sales | ¥6,469 million (YoY +11.3%) |
| Operating profit | ¥222 million (YoY -35.6%) |
| Ordinary income | ¥292 million (YoY -29.1%) |
| Net income | ¥193 million (YoY -28.8%) |
| Gross Profit Margin | 20.9% |
| Operating profit margin | 3.4% |
| Selling, general and administrative expenses | ¥1,128 million |
| Results for the three months of the current quarter | Utilization rate 92.1% / Revenue per engineer ¥608 thousand/month |
| Full-year earnings forecast | Net Sales ¥13,150 million / Gross profit ¥3,190 million / Operating profit ¥1,035 million / Ordinary income ¥1,120 million / Net income ¥785 million |
| Progress against full-year forecast | Net Sales 49.2% / Gross profit 42.4% / Operating profit 21.4% / Ordinary income 26.1% / Net income 24.6% |
| Self-assessment against the plan | Execution is in line with plan (large-scale projects) |
| Breakdown of Factors Affecting the Change | Factors Increase in revenue / Amount ¥165 million, Factors Increase in cost of sales / Amount -¥269 million, Factors Decrease in recruitment-related expenses / Amount ¥21 million, Factors Increase in personnel expenses / Amount -¥43 million, Factors Decrease in other SG&A expenses / Amount ¥2 million, Factors Increase in non-operating income / Amount ¥4 million |
| Key KPIs | Indicator name Number of engineers (end of 2Q) / Value 2,002 people / Year on year against the same period last year New record high, Indicator name Utilization rate (2Q standalone) / Value 92.1 % / Year on year against the same period last year Down from 93.0% in 2Q of the same period of the previous year, Indicator name Revenue per engineer (2Q standalone) / Value ¥608 thousand/month / Year on year against the same period last year Up from ¥593 thousand/month in 2Q of the same period of the previous year |
| Unit price and quantity metrics | Number of engineers 2,002 people (end of 2Q) / Utilization rate 92.1% (2Q standalone) / Revenue per engineer ¥608 thousand/month (2Q standalone) |
| Number of employees | Number of engineers 2,002 people (end of 2Q) / Engineers on staff 1,898 people / Number of business partners 104 people |
| Annual Dividend | FY2026/11 forecast ¥101 / Interim Dividend ¥50 / Year-end dividend ¥51 |
| Payout ratio | 51.0% (forecast for the fiscal year ending November 2026); policy is 50% |
| Acquisition of treasury shares | Maximum number of shares to be acquired 120,000 shares / Total acquisition cost ¥200,000 thousand / Acquisition period 7 July 2026–30 November 2026 |
| New initiatives | Launch of the SES business transferred from コプロテクノロジー, Launch of the Prime Freelance job-placement service for freelancers, Promotion of the business partnership with アルトナー, Share repurchases |
Items this document does not state (10)
Segment resultsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsCapital 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.On the revenue side, results benefited from the contribution of the SES business transferred from コプロテクノロジー, an increase in the number of engineers and higher revenue per engineer. On the profit side, results were affected by M&A-related expenses of ¥82 million, labor hours exceeding assumptions on certain large-scale projects, existing-system maintenance costs following a review of the system migration schedule, and bench costs resulting from a sharp drop in demand from major customers.
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.