Worth reading
73In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-500
¥ million (revised amount of the net sales forecast)Wording
Conditional
How definitive the wording is.Contents of this document
Financial Results PresentationSecond quarter of the fiscal year ending September 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales740 Millions of yen-23.3%
Operating profit-55 Millions of yen
Ordinary income-54 Millions of yen
Net income-40 Millions of yen
Selling, general and administrative expenses257 Millions of yen
Results for the three months of the current quarter
Net Sales
317 Millions of yen-26.5%
Operating profit
-38 Millions of yen
EBITDA
-33 Millions of yen
Full-year earnings forecast
Net Sales
1,600 Millions of yen
Operating profit
20 Millions of yen
Ordinary income
20 Millions of yen
Profit attributable to owners of the parent
5 Millions of yen
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 Sales46.3%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Timing shift of projectsDetailsDecrease in net sales and recognition of a loss before income taxes
- Separation of the DX businessDetailsImpact on net sales and profit
- Costs related to the capital and business allianceDetailsImpact on operating profit
- Upfront investment in the recruitment businessDetailsImpact on operating profit
- Private placement by Nikkei Inc.690 Millions of yenDetailsIncrease in Cash Flow from Financing Activities
New initiatives
- Expansion of collaboration under the capital and business alliance with Nikkei Inc.
- Consideration of improvements to the cloud-based coaching system using AI
- Joint launch of the Nikkei Executive Coach certification program
- Launch of a recruitment business with coaching support
- Shift in the business structure toward large-scale, long-term consulting projects
- Expansion of the HR business through M&A
Key KPIsA metric the company considers important as a management benchmark.
- Number of business partners237 companiesyoyDown 18 companies year on year
- Average net sales per company¥3,098 thousandyoyDown ¥58 thousand year on year
- Attendees and leads at large co-hosted seminars993 People
- Number of partner coaches259 PeopleReference dateEnd of September 2025
- Consolidated number of employees61 people
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Number of business partners
237 companies
yoyDown 18 companies year on year
Average net sales per company
¥3,098 thousand
yoyDown ¥58 thousand year on year
Segment results
- Human Resources Development BusinessNet Sales317 Millions of yen (YoY -11.0%)Operating profit-38 Millions of yen
Medium-term management plan targets
Target fiscal yearFiscal year ending September 2030
Net Sales
5,000 Millions of yen
Operating profit
1,000 Millions of yen
Operating profit margin20%
Financial targets
Net debt-to-equity ratio1x or less
Operating profit margin20%
Operating profit
10 Hundreds of millions of yen
Market Size / Share
Human capital management market¥1 trillion+
Training services market¥560 billion+
Coaching and other human resources development business market¥42 billion+
Japanese coaching market¥9 billion
U.S. coaching marketApproximately ¥3 trillion ($20 billion)
Number of employees
61 people
DetailsNumber of employees following the separation of the DX business and hiring for the recruitment business
Payout ratio
A consolidated payout ratio of approximately 30%; dividend per share of at least ¥17| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending September 2026 |
| Net Sales | 740 Millions of yen (YoY -23.3%) |
| Operating profit | -55 Millions of yen |
| Ordinary income | -54 Millions of yen |
| Net income | -40 Millions of yen |
| Selling, general and administrative expenses | 257 Millions of yen |
| Results for the three months of the current quarter | Net Sales 317 Millions of yen (YoY -26.5%) / Operating profit -38 Millions of yen / EBITDA -33 Millions of yen |
| Full-year earnings forecast | Net Sales 1,600 Millions of yen / Operating profit 20 Millions of yen / Ordinary income 20 Millions of yen / Profit attributable to owners of the parent 5 Millions of yen |
| Progress against full-year forecast | Net Sales 46.3% / Operating profit Not disclosed / Ordinary income Not disclosed / Profit attributable to owners of the parent Not disclosed |
| Segment results | Segment Human Resources Development Business / Net Sales 317 Millions of yen (YoY -11.0%) / Operating profit -38 Millions of yen |
| Breakdown of Factors Affecting the Change | Factors Timing shift of projects / Details Decrease in net sales and recognition of a loss before income taxes, Factors Separation of the DX business / Details Impact on net sales and profit, Factors Costs related to the capital and business alliance / Details Impact on operating profit, Factors Upfront investment in the recruitment business / Details Impact on operating profit, Factors Private placement by Nikkei Inc. / Amount 690 Millions of yen / Details Increase in Cash Flow from Financing Activities |
| Key KPIs | Number of business partners 237 companies, Average net sales per company ¥3,098 thousand, Attendees and leads at large co-hosted seminars 993 People, Number of partner coaches 259 People, Consolidated number of employees 61 people |
| Unit price and quantity metrics | Number of business partners 237 companies / Average net sales per company ¥3,098 thousand |
| Number of employees | 61 people |
| Medium-term management plan targets | Target fiscal year Fiscal year ending September 2030 / Net Sales 5,000 Millions of yen / Operating profit 1,000 Millions of yen / Operating profit margin 20% |
| Financial targets | Net debt-to-equity ratio 1x or less / Operating profit margin 20% / Operating profit 10 Hundreds of millions of yen |
| Payout ratio | A consolidated payout ratio of approximately 30%; dividend per share of at least ¥17 |
| Market Size / Share | Human capital management market ¥1 trillion+ / Training services market ¥560 billion+ / Coaching and other human resources development business market ¥42 billion+ / Japanese coaching market ¥9 billion / U.S. coaching market Approximately ¥3 trillion ($20 billion) |
| New initiatives | Expansion of collaboration under the capital and business alliance with Nikkei Inc., Consideration of improvements to the cloud-based coaching system using AI, Joint launch of the Nikkei Executive Coach certification program, Launch of a recruitment business with coaching support, Shift in the business structure toward large-scale, long-term consulting projects, Expansion of the HR business through M&A |
Items this document does not state (11)
Gross Profit MarginOperating profit marginSelf-assessment against the planNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAnnual DividendAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey 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 addition to the acquisition of short-term projects falling below expectations, the timing of revenue recognition associated with the conversion to large-scale projects was reviewed in detail. The Company also posted an operating loss for the first half due to the timing shift of large-scale projects, costs related to the capital and business alliance, and upfront investment in the recruitment 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.
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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.