Worth reading
55In focus
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
7.7
%Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales8,247million yenYear on year +7.7%Progress 47.9%
Operating profit937million yenYear on year -1.8%Progress 49.3%
Ordinary income950million yenYear on year -0.2%Progress 50.0%
Net income attributable to owners of the parent528million yenYear on year -5.9%
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¥16.48
Financial position at period-end
Total assets15,298million yen
of which net assets 11,257 million yenEquity ratio 68.1%vs. prior year-end -1.5pt
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+445,903
Investment-593,178
Financials-801,944
Net change-949,219
Stacked from zero: upward is an increase in cash, downward a decrease (in thousand yen).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 period5,541,214 thousand yen
Segment revenueReportable Segments Single segment (management consulting business; segment information omitted) / Net Sales Not disclosed / Year on year against the same period last year Not disclosed / Reference / By management consulting area Strategy & Domain 1,625,487 thousand yen (YoY +12.6%), Digital and DX 1,277,071 thousand yen (YoY +3.6%), ＨＲ 1,882,753 thousand yen (YoY +12.2%), Finance and M&A 1,666,518 thousand yen (YoY +8.9%), Brand and PR 1,611,783 thousand yen (YoY +0.5%), Other 183,888 thousand yen (YoY +8.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales17,200 million yen (YoY +5.6%)
Operating profit1,900 million yen (YoY +4.7%)
Ordinary income1,900 million yen (YoY +3.1%)
Profit attributable to owners of the parent1,155 million yen (YoY +5.0%)
Revision to Earnings ForecastNet Sales No / Operating profit No / Ordinary income No / Profit attributable to owners of the parent No
Annual Dividend Forecast27 yen → 29 yen（+7.4%）
Shareholder Return PolicyPolicy of implementing proactive shareholder returns to ensure the achievement of an ROE (return on equity) of 15% by the fiscal year ending March 2031
Factors Behind Changes in Business Performance
Demand for stronger management capabilities was robust, particularly among mid-sized companies, leading to increases in projects and revenue across the consulting areas. On the profit side, incidental expenses associated with the acquisition of shares through the capital and business alliance were recorded.
Disclosure regarding the going concern assumption
Not applicable
Change in accounting policy
基準改正に伴う変更 Yesそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsThe acquisition of shares in Actus Consulting Group, Inc. was completed on 1 October 2026, making the company a subsidiary. Its subsidiary, Artis New York, Inc., also became a sub-subsidiary. The acquired voting rights ratio was 94.2%, and the acquisition consideration was ¥341 million. Acquisition-related expenses, goodwill and other items have not yet been determined.
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on disposal and sale of non-current assets 71 thousand yen
Depreciation and amortization109,033 thousand yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End34,000,000 shares
Treasury Shares at Period-End1,995,776 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | 8,247 million yen (YoY +7.7%) |
| Operating profit | 937 million yen (YoY -1.8%) |
| Ordinary income | 950 million yen (YoY -0.2%) |
| Profit attributable to owners of the parent | 528 million yen (YoY -5.9%) |
| Net income per share | ¥16.48 |
| Equity ratio | End of the current fiscal period 68.1% / End of previous period 69.6% |
| Total assets | 15,298 million yen |
| Net assets | 11,257 million yen |
| Cash flows from operating activities | 445,903 thousand yen |
| Cash flows from investing activities | -593,178 thousand yen |
| Cash flows from financing activities | -801,944 thousand yen |
| Cash and cash equivalents at end of period | 5,541,214 thousand yen |
| Full-year earnings forecast | Net Sales 17,200 million yen (YoY +5.6%) / Operating profit 1,900 million yen (YoY +4.7%) / Ordinary income 1,900 million yen (YoY +3.1%) / Profit attributable to owners of the parent 1,155 million yen (YoY +5.0%) |
| Revision to Earnings Forecast | Net Sales No / Operating profit No / Ordinary income No / Profit attributable to owners of the parent No |
| Annual Dividend Forecast | 27 yen → 29 yen（+7.4%） |
| Shareholder Return Policy | Policy of implementing proactive shareholder returns to ensure the achievement of an ROE (return on equity) of 15% by the fiscal year ending March 2031 |
| Segment revenue | Reportable Segments Single segment (management consulting business; segment information omitted) / Net Sales Not disclosed / Year on year against the same period last year Not disclosed / Reference / By management consulting area Strategy & Domain 1,625,487 thousand yen (YoY +12.6%), Digital and DX 1,277,071 thousand yen (YoY +3.6%), ＨＲ 1,882,753 thousand yen (YoY +12.2%), Finance and M&A 1,666,518 thousand yen (YoY +8.9%), Brand and PR 1,611,783 thousand yen (YoY +0.5%), Other 183,888 thousand yen (YoY +8.7%) |
| Depreciation and amortization | 109,033 thousand yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on disposal and sale of non-current assets 71 thousand yen |
| Disclosure regarding the going concern assumption | Not applicable |
| Change in accounting policy | Changes due to revisions to standards Yes / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name None |
| Material subsequent events | The acquisition of shares in Actus Consulting Group, Inc. was completed on 1 October 2026, making the company a subsidiary. Its subsidiary, Artis New York, Inc., also became a sub-subsidiary. The acquired voting rights ratio was 94.2%, and the acquisition consideration was ¥341 million. Acquisition-related expenses, goodwill and other items have not yet been determined. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 34,000,000 shares |
| Treasury Shares at Period-End | 1,995,776 shares |
| Factors Behind Changes in Business Performance | Demand for stronger management capabilities was robust, particularly among mid-sized companies, leading to increases in projects and revenue across the consulting areas. On the profit side, incidental expenses associated with the acquisition of shares through the capital and business alliance were recorded. |
Items this document does not state (6)
Operating MarginPayout ratioSegment profitRegional salesOrders received and order backlogImpairment 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.Revenue increased across all areas on strong demand for consulting services, but profit declined due to incidental expenses associated with the acquisition of shares through the capital and business alliance.
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.