Results for this period
Third quarter1 January 2026 to 30 September 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 increased revenue due to higher contract prices and customer growth, management study groups due to membership growth, and M&A due to the closing of large transactions. Logistics BPO revenue declined due to a strategic reduction in sales. Operating profit and ordinary profit declined because upfront costs related to investment in human capital, M&A investment and office investment could not be absorbed by the increase in revenue. Net income attributable to owners of the parent increased due to the rebound from the impairment loss recorded in the same period of the previous year.
No applicable matters (the notes state, “There are no applicable matters.”)
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026 to 30 September 2026 |
| Net Sales | ¥25,640 million (YoY +4.5%) |
| Operating profit | ¥6,016 million (YoY -5.6%) |
| Ordinary income | ¥6,225 million (YoY -2.7%) |
| Profit attributable to owners of the parent | ¥3,992 million (YoY +54.4%) |
| Net income per share | ¥43.54 |
| Equity ratio | End of the current fiscal period 75.8 / End of previous period 72.4 |
| Total assets | ¥36,225 million |
| Net assets | ¥28,235 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%) |
| Revision to Earnings Forecast | No change |
| Annual Dividend Forecast | 42.5 Yen (per share, after taking the stock split into account) → 48 Yen (per share, after taking the stock split into account)（+12.9%） |
| Segment revenue | Management Consulting Business ¥25,640,128 thousand (YoY +4.5%) |
| Orders received and order backlog | Orders received ¥16,725,282 thousand (YoY -2.2%) / Order backlog ¥9,581,053 thousand (YoY -8.7%) |
| Depreciation and amortization | ¥419,828 thousand |
| Impairment loss | - |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on disposal of fixed assets ¥95,780 thousand, Office relocation expenses ¥182,105 thousand |
| Disclosure regarding the going concern assumption | No applicable matters (the notes state, “There are no applicable matters.”) |
| 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 Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | At a meeting of the Board of Directors held on 6 November 2026, the Company resolved matters relating to the acquisition of treasury shares. |
| 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 Shares |
| Treasury Shares at Period-End | 6,630,508 Shares |
| Factors Behind Changes in Business Performance | Monthly support consulting increased revenue due to higher contract prices and customer growth, management study groups due to membership growth, and M&A due to the closing of large transactions. Logistics BPO revenue declined due to a strategic reduction in sales. Operating profit and ordinary profit declined because upfront costs related to investment in human capital, M&A investment and office investment could not be absorbed by the increase in revenue. Net income attributable to owners of the parent increased due to the rebound from the impairment loss recorded in the same period of the previous year. |
Items this document does not state (9)
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 increased revenue due to higher contract prices and customer growth, management study groups due to membership growth, and M&A due to the closing of large transactions. In contrast, logistics BPO revenue was strategically reduced. Operating profit and ordinary profit declined because the increase in revenue was insufficient to absorb upfront costs related to investment in human capital, M&A investment and office investment. Net income increased due to the rebound from the ¥2,433 million impairment loss recorded in the same period of the previous year.