Komori
Earnings9742INES CorporationInformation and Communications, Services and Others

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP, Consolidated)

In the first quarter of the fiscal year ending March 2027, net sales rose 12.7% year on year, while the deficits in operating, ordinary and net income narrowed significantly. However, operating income and other profit measures remained in the red, and the full-year earnings forecast and annual dividend forecast remain unchanged.

Worth reading
41Recurring
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
12.7
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales8,692¥ millionYear on year +12.7%Progress 21.7%
Operating profit-78¥ million
Ordinary income-60¥ million
Net income attributable to owners of the parent-80¥ million

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−¥3.85
Financial position at period-end
Total assets48,743¥ million
of which net assets 36,540 ¥ millionEquity ratio 75.0%vs. prior year-end +0.1pt

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+7,694
Investment+670
Financials-710
Net change+7,654

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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¥15,927 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥40,000 million (YoY +9.2%)
Operating profit¥2,500 million
Ordinary income¥2,500 million
Profit attributable to owners of the parent¥1,700 million
Annual Dividend Forecast¥50 → ¥55
Factors Behind Changes in Business Performance

In the public sector, preparations for municipal system standardization progressed in line with the revised migration plan, while system development, mainly for the financial sector, increased in the private sector. Profitability improved due to higher public-sector revenue, although depreciation and amortization expenses related to investment in the development of standardized municipal systems were recorded.

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 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of membership rights ¥8 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 million
Depreciation and amortization¥722 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End20,900,000 Shares
Treasury Shares at Period-End77,593 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥8,692 million (YoY +12.7%)
Operating profit¥-78 million
Ordinary income¥-60 million
Profit attributable to owners of the parent¥-80 million
Net income per share−¥3.85
Equity ratioEnd of the current fiscal period 75 / End of previous period 74.9
Total assets¥48,743 million
Net assets¥36,540 million
Cash flows from operating activities¥7,694 million
Cash flows from investing activities¥670 million
Cash flows from financing activities¥-710 million
Cash and cash equivalents at end of period¥15,927 million
Full-year earnings forecastNet Sales ¥40,000 million (YoY +9.2%) / Operating profit ¥2,500 million / Ordinary income ¥2,500 million / Profit attributable to owners of the parent ¥1,700 million
Annual Dividend Forecast¥50 → ¥55
Depreciation and amortization¥722 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of membership rights ¥8 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 million
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End20,900,000 Shares
Treasury Shares at Period-End77,593 Shares
Factors Behind Changes in Business PerformanceIn the public sector, preparations for municipal system standardization progressed in line with the revised migration plan, while system development, mainly for the financial sector, increased in the private sector. Profitability improved due to higher public-sector revenue, although depreciation and amortization expenses related to investment in the development of standardized municipal systems were recorded.
Items this document does not state (10)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossMaterial subsequent events

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 the public sector, preparations for the full-scale launch of municipal system standardization progressed in line with the revised migration plan, resulting in a 27.2% year-on-year increase in net sales. In the private sector, system development, mainly for financial institutions, increased. Profitability improved mainly due to higher public-sector revenue, although the company recorded depreciation and amortization expenses related to investment in the development of standardized municipal systems.

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Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP, Consolidated) | INES Corporation (9742) timely disclosure | Komori