Results for this period
First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAPThe 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.
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.
Monthly support consulting revenue increased due to higher contract fees and growth in the number of customers, while the Management Study Group business posted higher revenue due to membership growth. Logistics BPO revenue declined as a result of the strategic reduction in sales. Upfront costs related to investments in human capital, M&A and offices could not be absorbed by the increase in revenue, resulting in lower operating profit and ordinary profit.
Not applicable (no matters to report in the notes on the going concern assumption)
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥7,944 million (YoY +2.2%) |
| Operating profit | ¥2,100 million (YoY -9.0%) |
| Ordinary income | ¥2,136 million (YoY -8.0%) |
| Profit attributable to owners of the parent | ¥1,391 million |
| Net income per share | ¥15.31 |
| Equity ratio | End of the current fiscal period 78.2 / End of previous period 72.4 |
| Total assets | ¥31,350 million |
| Net assets | ¥25,352 million |
| Full-year earnings forecast | Net Sales ¥37,000 million (YoY +11.0%) / Operating profit ¥9,100 million (YoY +3.3%) / Ordinary income ¥9,100 million (YoY +2.9%) / Net income ¥6,550 million (YoY +0.4%) |
| Annual Dividend Forecast | ¥85.00 (¥42.50 after accounting for the stock split) → ¥48（Approximately +12.9% after accounting for the stock split） |
| Segment revenue | Management Consulting Business ¥7,944,772 thousand (YoY +2.2%) |
| Orders received and order backlog | Orders received ¥5,234,801 thousand (YoY -7.0%) / Order backlog ¥9,640,433 thousand (YoY +9.1%) |
| Depreciation and amortization | ¥129,570 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Office relocation expenses ¥138,760 thousand |
| Disclosure regarding the going concern assumption | Not applicable (no matters to report in the notes on the going concern assumption) |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 0 / Company name None / Excluded Number of companies 0 / Company name None |
| Material subsequent events | On 11 May 2026, the Company issued 734 stock acquisition rights as stock compensation-type stock options for directors, executive officers and others. The number of shares underlying the rights is 264,240. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 100,000,000 |
| Treasury Shares at Period-End | 9,102,018 |
| Factors Behind Changes in Business Performance | Monthly support consulting revenue increased due to higher contract fees and growth in the number of customers, while the Management Study Group business posted higher revenue due to membership growth. Logistics BPO revenue declined as a result of the strategic reduction in sales. Upfront costs related to investments in human capital, M&A and offices could not be absorbed by the increase in revenue, resulting in lower operating profit and ordinary profit. |
Items this document does not state (11)
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.Monthly support consulting revenue increased due to higher contract fees and growth in the number of customers, while the Management Study Group business posted higher revenue due to membership growth. Logistics BPO revenue declined because the Company is strategically reducing sales in this business. Upfront costs related to investments in human capital, M&A and offices could not be absorbed by the increase in revenue, resulting in lower operating profit and ordinary profit.